In a highly volatile market I like the idea of being able to off load my coins at a moments notice. I don't plan on it, I plan on being a hodler, but I feel way better knowing I can sell them instantly if a reason to do so arose.
Currently I have mine on Gemini. It's run by legitimate (in my opinion) people, it's licensed and regulated. I do not forsee them up and disappearing with my money. I feel like if they suffered a hack on there end it would not effect me. On my end, I use 2 factor, so someone would need to both hack my account and have my phone to remove any coins from my account (authy app code required to do any transaction).
I am not claiming I know a lot about this tho. My knowledge is very limited. So if I am being dumb, please help me to see my own stupidity and explain to me why this is very risky to do if it in fact is.
This isn't my normal account I post here on. I am purposefully on a different one because I don't want people to publicly have any idea where my coins are or how many I have