This is a common claim in crypto circles, but my experience rings the other way. Sure, some crypto exchanges have fallen, but there have been many many people that stored their funds on their own, improperly, and lost them. I had a friend that kept the keys in plaintext in google drive and lost them.
IMO, the average user has weak opsec and is safer to keep crypto on exchanges. Get a good reliable one and use 2FA and you should be fine.
I did pretty much all options. Kept the cryptocurrency on paper wallets, multiple exchanges and now on a HW wallet( I use a Trezor) but I don't advise this for all.
IMO, the average user has weak opsec and is safer to keep crypto on exchanges. Get a good reliable one and use 2FA and you should be fine.
I did pretty much all options. Kept the cryptocurrency on paper wallets, multiple exchanges and now on a HW wallet( I use a Trezor) but I don't advise this for all.