I may be old school, but I don't trust these centralized wallets and exchanges because they might be hacked easily. It may happen sometimes to keep a low amount of crypto on a centralized exchange but in general, I keep my funds only on non-custodial wallets. All these custodial wallets need to run some
Penetration Testing at least once in a while to evaluate their system's security. I know a lot of people who lost their funds because they kept them on their exchange account, so to learn from their mistakes and totally avoid that.
Yes, it is very risky to trust virtual wallet more. It can be hack easily if we don't care about it. Security in crypto is very important as we store our crypto currency here. If we don't concern about security, we may lose our money easily.
This doesnt only concern in crypto but in all sectors or fields on where money and valuable things should really be kept away from other peoples hands.We do value money
and its just normal for us to take security measures to take care of our funds and there are various ways on able to do so but somewhat peoples carelessness and being to
numb is really the reason why scam and hacking event do take place.
Lets stick to crypto security.Of course you would surely need to secure on what you had invested or do earn.You cant just let other people do steal it from you knowing that
transactions are irreversible and once it had been stolen then theres no way on getting it back. Trusting third party wallets is a no go. Always stick on wallets which you do possess
they keys and also dont leave them on exchangers or platforms for too long.