CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what, Celsius collapsed and bankrupt.

So CZ said 99% of people today, asking them to self-custody their own cryptocurrency will lose their assets.

Many of you don't know but Alex Mashinky did say the same thing, literally telling people to not self-custody their Bitcoin but let his company do it. Celsius collapsed because it was a Ponzi scheme.

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For the record, here is the video he said about the problem of self-custody that people end up losing their crypto and that whoever said that is Bitcoin maxis.

https://www.youtube.com/watch?v=-EHWat2DLkE

I don't why many of you keep saying that people telling people to withdraw their assets from Binance are spreading FUD.

NO FUD here. If the exchange keeps customers' backed at a 1:1 ratio, they shouldn't be worrying if ppl are withdrawing their assets. In fact it is another way around, because it shows that they could honour their customers' withdrawal.

Again, to me, there is not enough 'not your key not your crypto'. The first thing you should learn when getting into crypto is self-custody your own assets.

Like Andreas M. Antonopoulos said, exchange is only the place where you trade, when you are done with trading, withdraw your crypto ASAP. That's simple.