I wrote this in my notes app when I became aware of ledger library exploit. All this writing was spontaneous, and you should definitely heed it.
Crypto is wild west. Scams/hacks, all the new ways to get compromised never ceases to amaze me. Yet, it remains one of fastest way to build one's portfolio, once you have made enough, secure it, diversify in real estate, gold, etc.
You could having million dollars worth crypto in your wallet and next moment, puff it's gone.
Thank you.
It's an interesting perspective and its true though, digital assets are prone to hacks and this is a technological era and people are always looking for ways to exploit bank accounts, crypto wallets, credit cards, etc so it is always important to keep a certain percentage of your portfolio in the traditional assets and for the best physical assets like gold and real estate over stocks.