I just moved a small wallet out of the exchange, and I also tangled over it again: which is more suitable now for this small amount—hardware wallet, multi-signature, or social recovery? To put it simply, the smaller the assets, the more trouble you cause yourself by fiddling with it... I think a hardware wallet is "locking the door first," it's low-cost and straightforward; when it comes to multi-signature, generally it's because you've started worrying about "not hackers, but my own slip-up/device loss/family emergency," but daily operations become more troublesome, transferring funds feels like going through a process. I quite like social recovery because it adds a human touch: spreading risk to people, but you also need to choose reliable ones, or it could get more lively than a Layer 2 debate. Anyway, my current approach is: keep the big assets cold, small ones hot, as long as I can sleep at night.