My net worth is spread out in 401k, stocks, ETFs and bitcoin. Except for Bitcoin, I’m 100% comfortable with agencies like Vanguard and Charles Schwab hold custody of my assets. My Bitcoin is off exchanges and I have self custody of it because I do not have 100% trust in the existing exchanges because of the past collapses. In the future, what’s the downside of me allowing Vanguard or Charles Schwab holding my Bitcoin? I’m obviously comfortable with having them hold my 401k and stocks (which is a big chunk of my portfolio). Anybody else in the same boat as me? I feel I’ll relax more if I don’t have to worry about self custody.
Edit: Thanks for all the responses and perspective. I’ve decided to self custody indefinitely.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments