Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider
this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?
Where do you keep crypto? Have you ever been stolen?
Regarding this matter, until now I have held the assets that I have at a local exchanger, and I think it is safer. I did that because a few years ago, I lost some of the bitcoin that I had in my blockchain wallet. Well, it made me a little bit beaten considering how difficult it was to collect bitcoin. Since then, I always hold the assets that I have in the exchangers. indeed there are quite a lot of pros and cons regarding this, but I am more confident with local exchangers, and I can access them at any time.
I always thought of having a hard wallet, I thought it was much safer, but I couldn't do it due to some personal reasons.