Cold Wallets vs. Exchanges – Where Do You Feel Safest Holding Your Crypto?

Been seeing a lot of mixed opinions on this lately some folks swear by cold wallets for security, while others prefer the convenience of keeping assets on exchanges. I used to leave everything on platforms for easy trading, but after a few close calls with sketchy exchange behavior, I’ve started moving more to cold storage.

That said, I still keep a chunk on exchanges for quick swaps and yield farming. Curious where you all land on this. Do you go full self-custody, split between hot and cold, or trust exchanges with most of your stack? Any horror stories or peace-of-mind setups you’d recommend?