nyknyc

"Not your keys, not your coins." My $5,400 losses taught me this is *the* most important rule.

Think of it: Your gold in *your* safe? Yours. In a bank vault? They control it. If the bank fails, your gold's gone.

Exchanges are the same. Your 100 SOL on Binance? *They* hold the 'private keys' – the ownership code. If an exchange like FTX gets hacked or collapses, your 100 SOL vanishes. *They* had the keys.

Takeaway: Get a hardware wallet for anything you're not actively trading. Control your keys. Truly own your crypto. Protect yourselves.
#CryptoSafety #SelfCustody #NYKNYC #HardwareWallet #ProtectYourself

"Not your keys, not your coins." I learned this hard truth after my $600 vanished. When your crypto is on an exchange, *they* hold the "private keys" – the secret codes that control your funds. You don't own it; it's an IOU.

Think of cash in a bank. You see your balance, but the bank controls the money. If the bank collapses, funds are gone. Mt. Gox, Celsius: thousands lost everything because platforms held keys. Coins vanished.

True ownership? Get a personal wallet. *You* controlling the keys is your only shield against hacks or exchange failures. Take charge.

#CryptoSafety #NYKNYC #SelfCustody #ProtectYourAssets