It baffles me how many people still keep most of their crypto on CEXs.
<!-- SC_OFF --><div class="md"><p>I&#39;m pretty shocked to read all the stories from people who lost their life savings or large amounts in the FTX demise. </p> <p>After everything this industry has been through over the last couple years, people still haven&#39;t learned the importance of self-custody. Why is that? Did Celsius not do it for you? Did Voyager not do it for you? If not those two, then I hope this FTX insanity should do it for you. </p> <p>Maybe it&#39;s the fear of responsibility that keeps people from self-custody, maybe it&#39;s the uncertainty of how to use it, or the self-doubt, but after this massive financial collapse, people who were once afraid will at least try. It really isn&#39;t that complicated, you just have to be disciplined and focused. CEXs should be used for two things, buying and selling, not for storing. </p> <p>Anyway, this is just an ode to being accountable for your own crypto. Has anyone out there shifted their practices since this all went down?</p> </div><!-- SC_ON --> &#32; submitted by &#32; <a href="https://www.reddit.com/user/ipetgoat1984"> /u/ipetgoat1984 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxsf6y/it_baffles_me_how_many_people_still_keep_most_of/">[link]</a></span> &#32; <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yxsf6y/it_baffles_me_how_many_people_still_keep_most_of/">[comments]</a></span>
