The Crypto Lie: Self-Custody is a Disaster for 95% of Users. Use a Regulated CEX.

Let's be real. The "Not Your Keys" mantra is a liability for most.

1. The Silent Killer: Dirty Funds Risk: I learned this the hard way and lost $4,000. A transfer I received contained just 2% "dirty" crypto, but the service I used FROZE 100% OF MY BALANCE because of it.

The Fix: Don't fly blind. Run an AML check weekly on every wallet you use. I use https://btcost.com because they give the first 5 checks for free and give PDF report which you can provide to any wallet or CEX.

1. Human Error Risk: One mistake in self-custody = money GONE FOREVER (no recourse). CEXs offer password recovery and customer support.

2. Safety & Regulation: Post-FTX, regulated CEXs are insured, accountable, and often more trustworthy than your own security skills.

3. DeFi Minefield: The average user cannot vet smart contracts. CEXs keep you safe from rug pulls and complex scams designed to exploit novices. Prioritize wealth preservation over ideological purity.

We preach decentralization, but we should prioritize wealth preservation. For the vast majority, this means using a regulated, insured, centralized service.

Change my mind.