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RE: [Poll] Where are you keeping your crypto? Hardware wallet, exchange, private wallet, other?
Exchange.
Despite all the stories about hacks and theft, I still trust an exchange more than I trust myself. It has offline storage, insurance, and two-factor authentication, so it should be reasonably safe.
Interesting! So far the results are roughly 50% keeps it on the exchange and 50% doesn't.
I would advise to try and keep your funds spread out though. Keeping it on an exchange really is dangerous.. not just the famous Mt.Gox story that everybody knows, but I also remember a famous exchange called Cryptsy where I used to store my funds back in the day. Cryptsy, like Mt.Gox, was at the time the most popular crypto-altcoin-exchange. It's happened far too often and especially because it's the biggest exchanges of their day being hacked. I am not sure cold storage, insurance, 2fa, etc. really matter when the crap hits the fan..
It's not just about hacks too - a lot of exchanges are really tightening grip on anything that could be deemed suspicious. I have read many reports of users having their accounts locked and frozen, sometimes for weeks/months at a time for no apparant reason. Could be the wrong nationality, or a flag may have happened because they were trading a large amount at once, I don't know... all I know is that I don't want my funds hijacked and kept from me. How terrible it would be to see the price crashing into oblivion, and not being able to do anything because the exchange flagged you for some odd reason.