Multiple wallets have experienced theft one after another, with a total loss of 40,000 USDT, and I have also fallen into many scam traps—these painful lessons have completely changed my understanding of asset management.
I used to firmly believe that decentralization was the way to go, and that keeping funds on DEXs meant they were truly in my own control. But reality taught me a harsh lesson—self-custody requires extremely high security awareness and technical skills. A single careless operation or an authorization mistake could cause assets to disappear instantly.
After going through these experiences, my strategy has actually reversed: large amounts of funds are still better kept on reputable CEXs for peace of mind. This doesn’t mean abandoning the decentralization concept, but rather recognizing my own capabilities and limits. Finding a method that suits you is the true mastery.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
RugpullTherapist
· 9h ago
40,000 gone... This is reality. The gap between ideals and reality is like ten or eighty thousand miles.
View OriginalReply0
YieldChaser
· 9h ago
Losing 40,000 USDT made me realize that if your technical skills are not up to par, it's better to honestly stick with CEX.
View OriginalReply0
OnlyUpOnly
· 9h ago
Lost 40,000 USDT, this lesson is truly heartbreaking.
View OriginalReply0
tx_pending_forever
· 9h ago
40,000 gone, this lesson is really blood-stained
View OriginalReply0
ReverseFOMOguy
· 9h ago
$40,000... This lesson was really expensive, but it can also be considered a textbook-level safety course.
View OriginalReply0
MEVHunterX
· 9h ago
40,000 USDT gone just like that, this lesson is not cheap. I am the same, now for large amounts I still honestly stick to CEX.
Multiple wallets have experienced theft one after another, with a total loss of 40,000 USDT, and I have also fallen into many scam traps—these painful lessons have completely changed my understanding of asset management.
I used to firmly believe that decentralization was the way to go, and that keeping funds on DEXs meant they were truly in my own control. But reality taught me a harsh lesson—self-custody requires extremely high security awareness and technical skills. A single careless operation or an authorization mistake could cause assets to disappear instantly.
After going through these experiences, my strategy has actually reversed: large amounts of funds are still better kept on reputable CEXs for peace of mind. This doesn’t mean abandoning the decentralization concept, but rather recognizing my own capabilities and limits. Finding a method that suits you is the true mastery.