Most of you are correct, I am talking about altcoins. I am really not that interested in holding any of them but I use them to accumulate more bitcoin as their returns are greater.

Lets use MATIC as an example. MATIC went up 300% in just a week (in december). It then dumped back to where it started in just a few hours! This is an extreme example of course, but it happens. If I kept MATIC on the exchange and set a stop loss I would have made out with some pretty awesome profits. Had I moved it to storage I would likely be in a deficit. So I guess the question is, is it worth it to keep your coins on an exchange so you can avoid price drops (like the ones weve had in the last few days). Or does the risk of the exchange somehow losing your coins outweigh this?

I mean, if you do a good job of securing your accounts (2FA, etc) should you really be that worried that an exchange could get hacked? I use Binance, by the way.