I used to think that a hardware wallet was enough; anyway, just write down the seed phrase neatly and put it in a drawer, and I’d feel secure.

Later, I found that as assets grow, and I also deal with fragmented assets and royalty splits, the real trouble isn’t “preventing hacking,” but “preventing my own slip-ups + being unable to handle things when I’m temporarily away”…
At this point, multi-signature is like installing a brake on your money; for valuable assets, use multi-signature, and keep small daily amounts in hot wallets.
Social recovery is more suitable for those who don’t want to carry a bunch of backups but are afraid of losing paper notes if they move house someday.
In blockchain games, where inflation is maxed out, studios rush in, and coin prices spiral, no matter how secure your wallet is, it can’t save the fundamentals.
To be honest, first clarify what you are safeguarding: is it the keys, or an illusion.