What happened today should remind you that nothing is safer then a cold wallet

What we saw unfold today is a clear sign of manipulation by exchanges within the crypto scene. Unfortunately greed is a powerful tool, and exchanges are in it to make as much money as they can. If any exchange can get away with what Binance just did, you bet your ass they would in a heartbeat. Holding your crypto on ANY exchange comes with a risk, so let this be another reason on why getting a cold wallet is the smartest thing you can do. At the end of the day, 1. OWN YOUR OWN KEYS 2. Remember that exchanges don’t care about you, they care about your money 3. You cant predict what’s going to happen in the crypto world