What do you think it is worse? It's clear to me.

On the other hand, I only see sense in it if you have enough liquidity.  If you have 0.05 Bitcoin I think it's bullshit, and even more if you are going to have it in HW, which is how you should, because you are going to spend 20-30% of your holdings in custody.

Then you would have to take into account other things, for example, you will have physically remote places to hide them, right? I wouldn't see the point of having your holdings distributed in 3 wallets but hidden in the same house, even in 3 different places, because you would have a high risk of being robbed with a 5 wrench attack.