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I keep my crypto in 6 different places.

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by COINS NEWS 110 Views

I have two of my own wallets with my own keys. I also keep my crypto at Gemini, FTX, Coinbase, and crypto.com (I know eye roll) on exchanges to make use of low effort staking/earn features. I use a combo of yubikeys and Authy to keep my accounts locked down. Tbh, I expect at least 1 of the 4 exchanges to go under at some point, but that’s why I’m diversified both in assets (series I bonds, stocks, crypto, types of crypto, etc.) but also where I keep my wealth.

I’ve had too much stuff stolen from me over the course of my life. Seems too risky to trust one entity (even yourself with your own keys, if you get robbed at gunpoint in your home or something, hence the reason I don’t keep everything in a wallet that I own the keys to).

Anyone else spread their crypto out in multiple places? Anything else that you do to reduce the risk and impact of someone stealing your crypto?

submitted by /u/sleepapneainvestor
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