I was one of those people who though oh damn yesterday when I realized Celsius had blocked all outgoing transactions. Now before you think I have put my life savings on there and now realized I can never retire: I didn't put any of my own money into Celsius, just profits I made and it was only €500 so not the end of the world, but still pretty annoying.
Until, well yesterday, I enjoyed using Celsius, it was a handy place to store coins and watch them slowly accumulate interest, something I wasn't used to anymore as my bank account has a 0% interest rate for years now. I think the convenience and the smooth interface kind of nudged me to sleep about the main thing: not your keys, not your money...
Well, consider the lesson learned! I just ordered a Ledger hardware wallet and will be moving all my funds that I- unwisely so- keep at various exchanges into it.
Source
I think like many people I didn't do this sooner because firstly I enjoyed the ease that the platforms gave me, secondly because I didn't know about hardware wallets when I started out in crypto, moving things to it will cost money and lastly, I guess human stupidity means we always think these things will happen to other people, but not to us...
For anyone out there still hesitating: just do it, it will cost you a bit of money, but then you can at least keep your money! Oh and can we stop shaming people please who have money on various exchanges? Millions of crypto users do this and they are not all idiots, just creatures of comfort and habit!
