The cool thing about cryptocurrency, which is a very rare property in investments, is the lack of counterparty risks in ownership.

Admittedly, counterparty risks is one of the most overlooked risks that many people assume. Usually because they have no choice to accept it.

But in the crypto world, there is little excuse to assume counterparty risks. Why let a 3rd party hold and own your funds when you can own it yourself?

Are you too cheap to pay $1-10 USD to withdraw your crypto from exchanges?
Are you too lazy to manage your own private keys?
Convenience?

Well, then sooner or later, you might lose your crypto.

Gox.
Coincheck.
Bitgrail.

This one specific unlucky guy lost $1.4M USD that was on a compromised exchange.

How many more exchange hackings do we have to go through for people to finally get this?

Got crypto in an address not controlled …