People who truly own Bitcoin must first learn how to protect their own Bitcoin.
About four or five years ago, I and my cousin took part in Ethereum mining.
Later, some of the Ethereum in our group was gradually converted into Bitcoin.
Now he still has 1.1 BTC in his hands.
But he doesn’t manage a wallet with self-custody, so at the time I bought him a OneKey hardware wallet and helped him understand it, hoping to keep his assets safe.
Recently, when I saw a security incident involving Coldcard, I reminded him right away:
You can add an extra layer of password to the wallet (an additional passphrase) to further improve security.
But his reaction was surprisingly calm:
“Probably nothing will go wrong that easily.”
At that moment, I suddenly realized a problem:
Many people own Bitcoin, but they don’t truly understand Bitcoin.
One of Bitcoin’s greatest values is that it lets individuals truly own their own assets.
No bank approval, no third-party custody, and no one can freeze your account.
But at the same time, responsibility comes back to you.
Your private key—you’re responsible for it.
Your asset security—you’re responsible for it.
Freedom and responsibility always exist together.
Many people envy Bitcoin’s price increase, but they ignore the knowledge and mindset required to hold Bitcoin.
You don’t have to understand the technology, but you can’t be without security awareness.
You may be bullish on Bitcoin long-term, but you can’t casually place hundreds of thousands, or millions, even more assets in an environment you don’t understand.
A true Bitcoin holder isn’t only someone who believes the price will go up.
More importantly, they understand this:
What Bitcoin gives you isn’t just an opportunity for wealth—it’s a right to take responsibility for your own assets.
Throughout history, many people didn’t lose their wealth because they got Bitcoin’s price wrong; they lost it because they failed to protect their own Bitcoin.
If, in the future, Bitcoin continues to move into an even higher value stage, the abilities of security, self-custody, and asset management will become increasingly important.
A bull market may reward belief.
But what lasts long-term will definitely be those who both believe in Bitcoin and protect it.#SCCrudeDrops6.01% $BTC
About four or five years ago, I and my cousin took part in Ethereum mining.
Later, some of the Ethereum in our group was gradually converted into Bitcoin.
Now he still has 1.1 BTC in his hands.
But he doesn’t manage a wallet with self-custody, so at the time I bought him a OneKey hardware wallet and helped him understand it, hoping to keep his assets safe.
Recently, when I saw a security incident involving Coldcard, I reminded him right away:
You can add an extra layer of password to the wallet (an additional passphrase) to further improve security.
But his reaction was surprisingly calm:
“Probably nothing will go wrong that easily.”
At that moment, I suddenly realized a problem:
Many people own Bitcoin, but they don’t truly understand Bitcoin.
One of Bitcoin’s greatest values is that it lets individuals truly own their own assets.
No bank approval, no third-party custody, and no one can freeze your account.
But at the same time, responsibility comes back to you.
Your private key—you’re responsible for it.
Your asset security—you’re responsible for it.
Freedom and responsibility always exist together.
Many people envy Bitcoin’s price increase, but they ignore the knowledge and mindset required to hold Bitcoin.
You don’t have to understand the technology, but you can’t be without security awareness.
You may be bullish on Bitcoin long-term, but you can’t casually place hundreds of thousands, or millions, even more assets in an environment you don’t understand.
A true Bitcoin holder isn’t only someone who believes the price will go up.
More importantly, they understand this:
What Bitcoin gives you isn’t just an opportunity for wealth—it’s a right to take responsibility for your own assets.
Throughout history, many people didn’t lose their wealth because they got Bitcoin’s price wrong; they lost it because they failed to protect their own Bitcoin.
If, in the future, Bitcoin continues to move into an even higher value stage, the abilities of security, self-custody, and asset management will become increasingly important.
A bull market may reward belief.
But what lasts long-term will definitely be those who both believe in Bitcoin and protect it.#SCCrudeDrops6.01% $BTC