#TrumpVsMusk Best Practices for Staying SAFU (Security Asset Fund for Users)

1. Use Cold Wallets for Long-Term Storage Keep your significant holdings in a cold wallet. Never expose the private key or recovery phrase online.

2. Hot Wallet Hygiene Only store small amounts in hot wallets for daily use. Use trusted wallet applications with open-source and actively developed code.

3. Enable 2FA (Two-Factor Authentication) Always enable 2FA on exchange accounts and wallets. Prefer app-based 2FA (TOTP) like Google Authenticator over SMS.

4. Backup Your Seed Phrase Write down your wallet's recovery phrase and store it in multiple secure physical locations. Never store it in digital form (especially not in cloud storage or note-taking apps).

5. Be Careful of Phishing and Scams Double-check URLs before entering sensitive data. Never click on unknown links or download attachments from suspicious sources.

6. Keep Software Updated Regularly update your wallets, firmware, and antivirus software to fix vulnerabilities.

7. Use Reputable Exchanges Stick to exchanges with a strong security track record and insurance coverage (like Binance's SAFU fund). Don't leave large funds on exchanges longer than necessary.

8. Multi-Sig Wallets For greater security (especially for organizations), use multi-signature wallets that require multiple approvals for transactions.

Conclusion hot wallets offer convenience for frequent transactions but come with greater security risks, while cold wallets provide strong protection for long-term storage by keeping assets offline. Use hot wallets for small daily uses and cold wallets to safeguard large holdings.