Recent exchange hacks are a brutal reminder: centralized platforms are NOT banks.

Most degens still treat exchanges like savings accounts. That's how you get rekt when withdrawals freeze or platforms implode.

Here's how to actually manage exchange risk:

→ Only keep active trading capital on exchanges
→ Long-term bags go to self-custody wallets
→ Seed phrases are sacred. Never compromise
→ Spread exposure across multiple platforms
→ Proof of Reserves ≠ proof of solvency or security
→ Have an exit plan BEFORE the crisis hits

The real risk isn't losing money in a dump.

It's losing ACCESS to your money when you need it most.

In crypto, capital preservation = capital growth.

Not your keys, not your coins. Never bet your entire financial future on one counterparty.

Stay safe out there 🔐