hy mate,
do you hear about the recent in bitom exchange and coinrade exchange, so do you see why keeping money on exchange is very hard because once it is hacked they made away with your token or money.
so please what do you have to say about, because I m sure that is why the price of bitcoin and Ethereum goes down drastically this way.
There is no "bitom" or "coinrade" exchange, learn some basic how to write names correctly. There is hack of two south Korean exchanges Coinrail and Bithumb, all funds will be restored to users. Nothing to say about hacking exchanges, this is happening constantly and coins should not be keep online - last two hacks are not cause of recent price drop, it is in total 70 million $ damage in billions $ market.
Yes obviously the users themselves have to be vigilant first of all regarding the security of their holdings. Because security is the topmost priority in the crypto market. Users need to be clear with the security aspects of their coins because the scammers are doing their jobs very well. Keeping your coins online is a risky option because you cannot entrust your hard earned wealth with any random exchange. The scams in the market have increased manifold in the past few months and so it is always preferable to have your coins in safe and reputable wallets that can be trusted.