A wallet as a container of money or exchange?

[Learn Bitcoin]

80% in the wallet 20% in the exchange if you are not looking to sell.

60% in the wallet 40% in the exchange if you are looking to sell

if you do sell pull most of the cash out.

I am interested in knowing what you do as a miner. Especially after halving. Do you really plan to sell some of your earnings to pay electricity bills? Are you guys mining at a profit at this moment? Do you keep your money on exchanges just as you described here? If these are not too personal questions, I guess the answers will be interesting.

Even though it is not recommended to keep money on exchanges, sometimes we have to move funds due to the network congestion and the fees. Maybe you don't have this problem because you can add your transactions as a miner 

[Dr.Bitcoin_Strange]

.

What we need to remember is, no exchange has perfect security, so all sorts of bad things could happen at any time, including hacking or other things that can cause loss of assets.

Exactly why it's not advisable to keep your funds in an exchange, not 20%, not even 10%, no matter how reputable you feep the exchange is (except of course it's a DEX), 100% of your crypto asset should always be in your wallet, except maybe you have short-term needs for that asset on that exchange, maybe you're a trader or something, other than that, an exchange is never an advisable storage option.

[taufik123]

-snip-
But that wasn't my point. I was pointing why people still using centralized exchanges and how these exchanges attract people with their promotional offers.

Offers and some promotions that are given make people interested in using it, but it is not recommended as storage.
I won't be hypocritical because I also use Binance as my trading venue, but the storage of key assets is certainly in the safest Hardware wallet.

Some exchanges provide protection to their consumers when there is indeed a hack or something like that with appropriate refunds.
Like the SAFU implemented by binance, with these funds Binance will guarantee the user's balance will be guaranteed.