I don't keep my balance on exchange unless i'm going to sell or buy. It's not that i don't trust this exchange but if my goal is for long term then keeping it on my own wallet is a a better idea. Just don't lose your private key and we will be alright.

I prefer wallets compared to exchange. I love keeping my coins in my wallets. Wallet is safer than exchange. Exchange most times is prone to so many attacks meanwhile, wallet is not. So, to ensure safety of my coins, I love to keep them in my wallet.

When you are an active trader who does day to day trading, then leaving your tokens on an exchange may be the right choice. But if you are someone who intends to hold for the price to rise before you start selling, then leaving it in your wallet may be the best choice too.

It depends on your strategy . If you plan to hold your coins for a long term - you'd better use a wallet , because it will safe your funds from scammer exchanges . In addition , if your are holding ETH , EOS or something like that , what other projects are using to create their own products you can use your wallet to receive airdrops and other tokens which are based on this blockchain .
But if you plan to sell you coins in a week or two , you can sefely store it on exchange . Exchange also is giving you an opportunity to quickly react and interact with market if something goes wrong , so if you like active position and have some trading skill - exchange could be a preferred option for you .

Of course, it's better to keep money on your wallet than on the stock exchange. They can deactivate your account at any time and simply steal your coins.

Everywhere there are risks. On a centralized exchange coins are stored on the purse of the exchange, that is, in fact, the coins does not belong to you, but the exchanges have good protection against burglary, and in this case you will most likely get compensation.

you do not need a stock exchange, but you need a purse. In general, I do not see any problems in having a stock exchange and a purse.

WALLET! There are many issues i've been saw that their token was gone after saving it on a exchanges. You know, if an exchange site are having a maintenance they sweep those tokens in your dashboard. Well you can argue with that since it's not a "wallet", wallet is created so you must it in a right way.

well, I've had a lot of experience that I get about hacked exchangers, and it's really dangerous, and risky to keep the funds we have there. it's just that I prefer to save on the exchanger. well, it can be said it's easier, and practical. many of my friends do that too.