Wallet is a better way to keep your savings - it's just safer(in you do everything right), but if you have coins on exchange - you can trade them any time, that's convenient too. I'd recommend 50%-50% allocation.

both of them are beautiful. sometimes the exchange is nicer and sometimes the wallet. because if we need to trade we need exchange.

I can only leave my coins at the exchange during the period I want to get it traded. Aside this, I always and shall forever continues to leave my funds in my wallet wherever and whenever I acquired them in one way or the other. I believed the risk involved in leaving funds at exchanges is higher in terms of been hacked or scammed, since exchanges are one the most targeted areas for these ridiculous scammers and hackers.

Most of the exchange hacks had insiders, so all those security features are not water, but only as good as an exchange let them be. I think something common and even more worrisome about the use of exchanges and which lot of people are oblivious of, is the very high transaction fees we are having to part with every time we made use of the exchange. Even though the price for transaction fee for Bitcoin have now gone down appreciably low , yet some exchanges stii asking for no less than O.00100000 BTC  before request for withdrawal is granted.

Hardware wallets are more secure than stored token exachange. But when you see a good price in the exchange and want to sell your token, you will wait until the token will be transferred from the wallet to the exchange.

If you want to increase your coins through trading then I'd suggest you store it in an exchange but also bear in mind that there's a high risk that an exchange will be closed or bankrupt anytime or it can be hacked just like other exchanges (Mt. Gox, Bitrail).

If your just plainly storing your coins for as long term investment then the best thing to store your coins is through a hardware wallet. Right now I'm using Ledger Nano and its very user friendly and secure as well.

Here is a link that can help you decide on which hardware wallet that you want to use in the future if you prefer to use one. https://coinsutra.com/best-hardware-wallet-bitcoin/


I agree with you. It really depends on what are we trying to do with our coins whether trade it or just leave it stored for years. Sometimes when the market is on green train we tend to like want to trade and play with our coins to get some profits.

in my opinion, for hold long-term, I never leave my coin on exchange, when you did not have your private key, that mean you don't really have your coin. exchange is a kind that, they have your coin, not you.

I think you better choose a wallet because it keeps your money in your wallet securely and can spend money for a certain time because using the exchange you can get funds from the exchange that is done if for the wallet can be a regular exchange

 I'll go for exchange. In exchange I can make my money grow by converting what coins that I'm holding.
Unlike in wallet, its just in one place keeping what I have. Stays what I have. In exchange there's a possibility that my money may increase its value.