It seems to me that it would be safer (and more convenient) to keep your crypto on an exchange (coinbase, blockfi etc) than cold wallet. Wouldn't the odds be greater that you mess up your cold storage than a large exchange being hacked or whatever (even if they are hacked, that wouldn't necessarily mean you would lose any coins, whereas if you are hacked that's a different story). I ordered a ledger nano X but it seems that the exchanges are still the way to go based on probabilities. What are your thoughts?
its quite interesting how you think cold wallet less secure than wallet on exchange . a well-known exchange is not a guarantee of assets will be safe. it will be safer if the goal is to hold it long-term and store it in your own wallet. The problem is that people are not careful even if they save their money on the devices they use daily. which is not safe . no one knows what you do on the internet.