I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.
Yeah, if you want some secure wallet then hard ware wallets is the best and don't ever trust web wallet because there is a high risk by using that. Or if you want some cheap and high secured wallet then paper wallet might suit for your needs because you just need to create a paper wallet document then print it and keep it to a safe dry place and there you go, You have a cold storage for your bitcoin and you can store bitcoin as many as you can.
Hardware wallets are not that safe in my personal opinion, there are risks that your pc could get infected with a virus or a malware, which then he will use it to steal your private key and take all your balance.
Currently I am using online wallets like Xapo and Coinbase, I feel better with them as they have a SMS verification when someone tries to log on from a different IP.
I'm thinking mostly along these lines myself
If you you want a bulletproof method of storing bitcoins and have quite a few of them (which would justify using this method), create a totally offline wallet, encrypt the private key with a password, then print out a few copies and after that save them in different places (a bank deposit box and home safe would be the best choice). If you need your coins on a pretty regular basis, for example, for trading, store some amount in a web wallet with an SMS verification, thereby rendering yourself invulnerable to any variety of viruses, trojans or key-loggers that may infest your desktop computer