Common advice is to keep your currencies safe by placing them into storage. I feel this is risky considering coins have dumped to all time lows within short periods of time. The alternative would be to keep them on an exchange and set stop losses, however, this is also risky as exchanges or your account can be compromised. How do you manage these risks?
It depends if you want to make money or not.
If you want to make money you have no other option than to place a part of your funds on a exchange and to trade them, at least from time to time. Unfortunately Bitcoin adoption is not growing anymore since several years.