whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.
You sound distracted. Airdrops. Who needs that?
I do agree with the idea of figuring out how to hold bitcoin privately (if you might be thinking that bitcoin might be relevant to discuss). You did not even mention bitcoin in your post... yet anyhow an open source wallet is not bad to get to know, even though some guys might get started buying on an exchange first, and they might not know about wallets in the vary beginning, so they likely will have to learn about various wallets and perhaps make a choice in regards to which wallet to use.. .. regarding the various shitcoins.. that sounds distracting and perhaps better to discuss shitcoins in some other thread... even though there are some wallets that are bitcoin only and there are some other wallets that also include shitcoins, even though wallets might have more vulnerabilities if they are used for shitcoins, too.. .depending on which shitcoins..
I understand what you are saying as there are many people who spend money on buying Bitcoin on exchanges before they see what a decent wallet is. Keeping a long term wallet using a non custodial wallet is certainly the correct thing to do as you have complete control of it. With the frequency rate at which hacks and restrictions occur, it is never safe to leave money on exchanges. Regarding airdrops I believe they are also dangerous and can put wallets at risk of fraudulent tokens so carrying a special wallet specifically to use in this case is the only safe option in case one still decides to give it a go. By the end of the day you should still be talking about the Bitcoin and how to keep it safe using open source wallets and have independence.