Don't put all your eggs in one basket—spread your holdings across multiple centralized exchanges. Why? Simple: if one platform goes down or faces technical issues, you're not stuck. By keeping funds distributed, you reduce counterparty risk and maintain access to your assets no matter what happens. It's boring risk management 101, but it actually works. Especially in crypto where exchange issues can pop up unexpectedly.
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MetaMasked
· 12-26 22:50
It sounds good, but how many people are truly spread across multiple exchanges? I, for one, am too lazy to bother.
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SerNgmi
· 12-26 22:48
To be honest, this theory sounds plausible, but in reality, who dares to distribute their coins across so many exchanges? The transaction fees alone would eat up half of the profits.
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ser_aped.eth
· 12-26 22:48
ngl This is exactly what I've been saying, putting your coins on an exchange is like gambling with your life.
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DancingCandles
· 12-26 22:43
That's what they say, but who would really store assets across multiple exchanges... too lazy to manage them.
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HashBard
· 12-26 22:39
ngl, the irony here is thick—we're preaching decentralization while literally telling ppl to scatter coins across cex's. it's like... the narrative arc just doesn't land, you know? the real story crypto should tell is *why* we even need this "boring 101" in the first place lol
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DataBartender
· 12-26 22:29
Sounds good, but can anyone really manage so many exchanges? I've lost my wallet password before, and I hold positions across multiple platforms.
Don't put all your eggs in one basket—spread your holdings across multiple centralized exchanges. Why? Simple: if one platform goes down or faces technical issues, you're not stuck. By keeping funds distributed, you reduce counterparty risk and maintain access to your assets no matter what happens. It's boring risk management 101, but it actually works. Especially in crypto where exchange issues can pop up unexpectedly.