The message remains consistent from January to December

[sokani]

I've actually heard of funds been stolen from users account on exchanges, mainly through hack but not in this manner. There was no deposit or withdrawal history of the missing funds, could it be that Binance stole the fund or the user made up the story? Because that's the only thing I could think of right now. Well, this is what you get when you trust centralized exchanges with the self keeping of your funds. "Not your keys, not your coins". Self custody has always been the best method.

[CryptopreneurBrainboss]

The consistent message throughout the year, from January to December, persists: Get your coins off exchanges. Those who dismiss the harsh and unfortunate lessons of others may find themselves learning from their own expereince. We'll be here to say, "We warned you, but you didn't heed the advice.

I love this stories and I love when people publicize them more as they create more awareness for investors especially the beginners to know how awful centralised exchanges are or any centralised service providers, just recently there were reports of Binance Exchange putting restrictions on people accounts due to an incident of a mixer getting seized by the government. While I'm not against them protecting their platform against the federal government but that incident should serve as a warning to those still trusting CEX and keeping their coins in exchanges, that they don't own those coins until they're moved off the exchange to private wallets.

We have alot of good wallets that we can choose from and they're easy and comfortable to use so there's no excuses of not knowing which wallets to use or not having comfort with them. You have the forum at your disposal that you can ask questions anytime you want and be guided by experienced members on here. We have hardware wallets that are the most recommended especially when you're thinking of long term investment and we also have online wallets that when use properly, can do the job perfectly. Electrum is a perfect example as when used in an airgapped device, you'll not be at a risk of getting hacked and you can be guaranteed a 100% ownership of your coins unlike the exchanges. Bitcoin is a decentralised cryptocurrency as such is meant to stay decentralised with the use of non constodial services.

[Kelward]

At the moment I don't really think I will feel much pity for anyone who will fall victim of CEX and if such victim is a member of Bitcointalk then no pity because even before the mass public started seeing the reasons not to save their coins on CEX, we here have been taught and given reasons why we should avoid CEX, Thank God though that everyone is almost seeing it crystal clear now, the reasons for avoiding saving coins in CEX especially after the whole FTX crisis and binance being found guilty of the charge by SEC this year.
 $15000 is a really huge amount of money, now wondering if this victim has not heard about not saving on CEX or at least only keep only small amounts for your basic spending

Pity for anyone on this forum who is caught up in any exchange issues regarding keeping their coins in them is a waste of time and emotion. This is one of the first lessons that I learnt when I joined this forum, that we should not keep our coins in exchanges, if it's not your keys it's not your coins. The recent issues with top exchanges, like you mentioned is very worrisome, another example is Patricia, an exchange, in Nigeria, that was hacked sometime this year, till now their customers can not get there funds.

Thanks OP for this important reminder, it is good that we hear it once in a while, so it'll always be fresh in our memories.

[Luffygroove]

I'm wondering why this message hasn't changed from time to time, knowing that centralized exchanges like Binance and other popular CEXs could actually make us lose money by keeping our assets there, but another type of exchange like DEX isn't that popular compared with CEX. I mean, some hybrid exchanges also offer the efficiency of centralized exchanges while at the same time acting as a non-custodial exchange like DEX but with more advantages. You deposit your assets into a smart contract instead of the exchange's hot wallet. My question is, can in the future the message change to "Use Hybrid Exchange, where you can still keep your assets because you keep the private key and trade like a boss?" Can hybrid exchange become more popular in the future and act as a solution for current issues?