#加密资产安全与托管 Recently, I came across the SEC's cryptocurrency custody guide and it reminded me of some cases I've seen over the years. Many people are caught in a dilemma when choosing how to store their assets—they worry about self-custody due to lack of technical expertise or the risk of permanently losing private keys, and they also worry about third-party custody being misused or mixed.

A few points mentioned in the guide are particularly worth pondering: hot wallets are convenient but vulnerable to hacking; cold wallets are secure but carry hardware failure risks. There’s no absolute answer between the two—only what suits you best. More importantly, if you choose third-party custody, you must thoroughly understand their operational details—do they reuse your assets for re-mortgaging, are the funds truly segregated, or are they pooled together in one big pool?

I’ve always believed that asset security is essentially a practice of information and choice. The clearer your understanding, the more sound your decisions will be. Instead of passively accepting risks, it’s better to actively understand them. This SEC guide is actually helping everyone do just that—using standardized language to highlight those often-overlooked details.

No matter what you ultimately choose, the key is to have a clear understanding rather than blindly follow trends. Only then can you walk more steadily on the long-term investment road.