nyknyc

"Not your keys, not your coins." I learned this hard truth after my $600 vanished. When your crypto is on an exchange, *they* hold the "private keys" – the secret codes that control your funds. You don't own it; it's an IOU.

Think of cash in a bank. You see your balance, but the bank controls the money. If the bank collapses, funds are gone. Mt. Gox, Celsius: thousands lost everything because platforms held keys. Coins vanished.

True ownership? Get a personal wallet. *You* controlling the keys is your only shield against hacks or exchange failures. Take charge.

#CryptoSafety #NYKNYC #SelfCustody #ProtectYourAssets