With the hack that happened on the Bybit exchange yesterday, it will serve as a lesson to those investors who don't want to take the phrase "not your key, not your coins" seriously now because they would put themselves in the shoes of those investors who lost their assets on the Bybit exchange. For the newbies in this thread to get it clear and also do the right thing by keeping their bitcoin safe from centralized exchanges, there's nothing like an exchange wallet, but centralized exchanges, so newbies should help themselves and stop keeping their bitcoin on a centralized exchange like Binance, Kucoin, Gate, Bitget, and so on for a very long time so that they will avoid this type of bad news in the future.
Maybe this kind of news will help every investor to be more careful. So I think those who want to invest in Bitcoin should have an idea about wallet from the beginning. Because most new investors forget to fix the wallet properly, so they do not have as much bitcoins as they invest. The Centralized Exchange should only be used to purchase Bitcoin in the fact that Bitcoin should not be holding there. Moreover, there was no Bitcoin in the ByBit exchange hacked yesterday, so it may not have much effect on the Bitcoin market, but it is true that the price of Bitcoin was slightly dumping.