💸 Me and my choice: CeFi or DeFi? Which is better? 💸

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Abstract generation in progress

Yesterday I faced that eternal dilemma again. Should I keep my assets in centralized systems or move to decentralization? Every time I struggle with the choice.

👉 CeFi: I use a popular exchange. Yes, it's convenient, fast, familiar. Essentially, it’s like a bank for my crypto assets. But damn, how many of these "reliable" platforms have already gone bankrupt or disappeared with clients' money? It really stresses me out. 🔒

👉 DeFi: When I work directly with protocols like PancakeSwap on the blockchain, I feel freedom. No intermediaries, complete control in my hands. But technically it's more complicated, and if something goes wrong — no one will help. Although who am I kidding, customer support on centralized exchanges is often useless too. 🚀

The choice is always mine, but the difference between them is critically important for the safety of my assets. Personally, I prefer not to put all my eggs in one basket.

The crypto market is in turmoil again, and in such moments, you especially start to think — who to trust with your money? Yourself or "professionals"?

#defi #cefi #cryptocurrency_security

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