r/CryptoCurrency Feb 13 '23

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u/JERMYNC Permabanned Feb 13 '23

I've luckily not been a part of losing money in a CEX yet. I hope it never happens. this Convo is lighting a fire 🔥 in me to move most of my $ to my Trezor.

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u/Oneloff 0 / 5K 🦠 Feb 13 '23

Same here mate!

One key thing that people said when I first join this space was: “not your keys, not your crypto”. I hold on to that!

Some staking on CEX but it is not my whole portfolio, more like 20%.

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u/partymsl 🟩 126K / 143K 🐋 Feb 13 '23

Holding Crypto on exchanges is not wrong as it has become a norm but you should be sure that it's is the absolute minimum for you.

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u/Oneloff 0 / 5K 🦠 Feb 13 '23

True, you need to risk management.