Yes it sounds reasonable. But as far as I know allmost all exchanges that were hacked compensated the lost fund to their traders. Especially if we talk about top exchanges, they have a huge daily income and there reputation is much important to them that some stolen millions of dollars. I don't mean to say that is very safe to store your coins on an exchange but in most cases I won't hold my tokens in a wallet, I prefer to set a sell oder at the desired price and wait until it's sold.

I believe in taking charge of my finances. Hence,  if you are not trading your tokens or coins but you bought them for future investment,  I will advice you put them on a wallet where you can control or own the private key .  Exchanges are the ones with the private keys of all the coins wallet on their exchange.  In case of Hack as we have seen on many exchanges,  you are likely to loose your coins or tokens.  They reason why those exchanges are targets for hackers is because they control huge volume of money in terms of coins and tokens.  Hence,  factor out yourself from the risk and take charge

Well, I don't think its a good idea to leave your coins in an exchange because of the possibility of getting hacked and losing all your coins. I suggest you leave some few coins in your exchange if you are trading and store the other coins in a cold storage like ledger or so. This is to be on a safer side. You might be considering that it is quite hectic to be opening several wallets for every coins you have, well,  it could be but remember that no measure of safety is too small for you coins.

Wallets are made to hold and store coins in , while exchanges are most likely used to trade not to store funds in .
But if you are a daily basis trader , you ought to keep your coins tokens ( the amount you need to trade with ) though  wallets are more secured and safer than exchanges

No brainer. Wallet all the way.
Unfortunately there are times that your unable to take a coin off of the exchange because your not allowed. then you have no choice. so to prevent this, whatever exchange your work with, make sure you can withdraw it before buying. Otherwise you have only 2 choices. sell (possibly for lower amount) or leave on exchange until you can withdraw it.

If you bought a coin for long-term storage, it is better to store coins not on the exchange, but in a wallet. After all, keeping coins on the exchange is a big risk.

Keeping your wallet is always safer. Stocks are developed by people and are vulnerable to hacking. Wallets also have high security.

Yes i agree, they are both usable depends on how do you do in  your coin or what are your plans to do with coin in this situation of crypto currencies market value because they are both safe and effective. Like what they have said or shared by mostly our friends her they are good recommendation.

Depends on your intention, if you want to trade from time to time in a specific exchange of course keeping coins there will be better due to reduction of cost by transferring your coins from time to time but for long term purposes that goes to wallet, but clearly your intention is to hold so the former will be the best choice.