2025-12-27 20:22:00

In the cryptocurrency industry, many people focus only on trading strategies and project selection, but overlook a key issue—insurance.

To be honest, risks are everywhere in this industry. I have recently started to take this matter seriously, even purchasing high-coverage insurance products. Many industry insiders are doing the same.

Why buy insurance? The reasons are actually quite simple. First, working in this industry involves handling high-value assets and bearing market risks daily. Second, black swan events happen from time to time—whether it's market crashes, project team defaults, or personal asset security issues, insurance acts as a safety net. Furthermore, considering career stability, it’s responsible to provide yourself and your family with comprehensive insurance coverage after long-term efforts in the crypto space.

If you're also in this race, consider seriously reviewing your insurance plan.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

AirdropJunkie

· 10h ago

Really, in this circle, too many people still have a gambler's mentality and completely neglect defense. It's about time to pay attention to insurance; black swan events can happen at any time. To be honest, high insurance premiums seem expensive, but compared to losing everything in a single downturn, it's really just a drop in the bucket. Damn, finally someone dares to talk about this... most people are still researching airdrop strategies. Insurance is like stop-loss; many people can't afford that feeling, you know? But on the other hand, choosing the right insurance product is quite particular; different holdings seem to require different approaches. Is this another insurance pitch... but this time, it seems to be quite reasonable. Those in this industry should indeed have risk awareness; not everyone can withstand a market crash. This set of theories sounds good, but in practice, are there really that many reliable products?

View OriginalReply0

BearMarketMonk

· 10h ago

Insurance? Ha, another thing disguised as a "necessity." The real black swan is coming—how many of these paper promises can withstand it? Those who survive the cycle have never relied on insurance—they rely on not going all in with their entire fortune.

View OriginalReply0

ChainDoctor

· 10h ago

I'm also considering insurance, but I need to find a reliable product...

View OriginalReply0

RektButAlive

· 10h ago

It's about time to talk about this, really. A month ago, I almost got rug pulled, and now the insurance policy is sitting right on my desk. ngl many people are still gambling on luck, but this is the game rule — either buy insurance or get harvested. Exactly, no one can dodge the black swan. Instead of crying afterward, it's better to plan ahead. This is the strategy of seasoned veterans; newcomers should definitely take a look at this. I never really thought about insurance before, and now I kind of regret buying it too late.

View OriginalReply0

0xLuckbox

· 10h ago

Insurance, to put it simply, is about spending a little money for peace of mind. But honestly, there are too many black swan events in this industry. Have you thought it through? I, for one, have been driven by the fear of liquidation, so now I have to insure everything. You're right, many people are still all in on a single project. I think this mindset needs to change. Another veteran who has been cut, sharing some experienced advice. Wait, how do you choose crypto insurance specifically? Reliable products are really hard to find.

View OriginalReply0

SatsStacking

· 10h ago

Speaking of insurance, I didn't pay much attention to it before, but now I realize I really need to get it sorted out. Honestly, who can guarantee they won't fall into a trap? High-coverage insurance sounds good, but you need to find reliable products. When a black swan event happens, nothing will help; it's better to prevent problems before they occur. These days, going bare is too risky; you need to have some bottom line. Having proper insurance makes you feel more at ease; otherwise, your sleep quality will suffer. People in the industry do it this way, there must be a reason. Choosing insurance really requires more brainpower than choosing coins. The protection of family members should be a priority; you can't just think about making money.

View OriginalReply0

0xInsomnia

· 10h ago

Honestly, I've already thought this through. Uninsured people will inevitably suffer losses sooner or later. I really don't understand why some people are still gambling on Xu Xu Tu Zhi... The industry is so competitive that even insurance is necessary; otherwise, if there's a sudden crash, you'll lose everything.

View OriginalReply0