Public Service Advice

If you already know, you know, and are presently unaffected - that's good.

If you dont know, let me explain it to you like you are 5 years old.

You purchased bitcoin and are looking at it on your exchanges screen, and you see the number and think, Yay, i have this much money.

No, you dont

A. They have the money, because they have the keys,
B. Whether they actually "have the money" is debatable, because, they will generally acquire it, and give it to you, by buying and selling, when you leave the exchange, until then, its just an IOU in your account.

So when you have your Bitcoin, on a hardware wallet, yes YOU and YOU ALONE, have the money.

Do you understand?

You may not have a problem, zipping around, if you only have a small amount, but the more you have, the harder it gets to move. - and then if an exchange starts to run into a liquidity crisis, which turns into a bank run, that leaves you, stuck without your money, in limbo, as to if you will ever get it back again.

Then, you get to wait 10 years like the people from Mt Gox did.

Or, maybe not? if its some shady little exchange no one can go after easily.

So for the love of god, just buy yourself a hardware wallet, so that when some random hack attack happens, rando bullshit government regulation, exchange issue, economic depression occurs the worst that your ever going to have to think is "price went down, sad" - the rest, no stress.

Buy a frigging trezor, and have yourself a wonderful day.