This advice is not only suitable for newbies but even old members need ro hear this again to take action.
Since the entire cryptocurrency market is an interconnected digital financial web, that comes with high security and risk since we know that once transactions are sent it is irreversible so the need to pay close attention to our actions in this space is very important.
My advice to others most especially newbies is that, make sure you are holding your asset in your wallet and never trust any cryptocurrency third parties entity with custody of your coins until you have enough knowledge to manage the risk that is associated with such services.
Advice that needs to be remembered at all times for all of us, even though it is basic, sometimes people forget this important thing. Bottom line, don't put your assets in one wallet because that's very risky. If you are a big investor it is better to keep crypto assets in several coldwallets, and only keep a few in CEX.
Sometimes we also forget crypto assets as inheritance. If long-term assets are supposed to provide access to crypto assets to future children or grandchildren. That way, if something unexpected happens, families can still access their crypto assets.
