One of the best things about crypto is the self custody of your assets, you are your own bank. Be it with cold storage (Ledger etc) or a hot wallet. As your own bank you have to look at the security yourself, do not trust an exchange to look after you crypto, bad things can and do happen.
As with most security you need to keep your keys in a safe place. Your 24 word seed phrase must be safe. The best way to do this is to keep them offline and not all together.
A good method is 3 part seed phrase security. Store your 24 word seed phrase this way.
16 words on each card.
Card 1 (words 1-16) Card 2 (words 9-24) Card 3 (words 1-8 plus 17 -24)
Keep the cards hidden at 3 addresses known only to you and 1 trusted other (incase you die) you can lose any one of the cards and still have your seed phrase. If anyone finds 1 card they cannot access your crypto.
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