What I have known about people is that many of them will not listen. Or probably many of them are ignorant and not know the differences between private keys and custodial wallets.
What do you think would be a better approach for crypto traders that are actively trading cryptocurrencies daily?
Oga Charles, wetin you talk here no be lie, you dy very correct, most people just dy stubborn even when them know say na very risky thing to leave their money in an exchange, because na most of all this things we dy guard against, because once anything happen to the exchange ur money dy, ur asset don go, just like this one here and the case of FTX, but one major problem is that, not everyone are informed, some people are just ignorant, them no get access to the right knowledge or information as we dy get in this forum or outside here, so sometimes I no too blame the ignorant ones, just that in this crypto space, you will only get what you deserve, and if you are ignorant, you go pay for ur ignorant.
Then as for the case of traders, wetin I go advice traders to do, just as I dy do is that, trying not to fund your exchange account more than 50dollar, because wetin I dy mostly do is that once I grow that money to 100dollar, I dy pull out 50dollars, then the remaining 50, I leave am their for trading purpose, because as a trader, you must get small money for ur exchange account, Incase you come across any trading opportunity.