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RE: When you send crypto to an Exchange it's no longer yours untill you get it out again.
I completely agree and have been saying this for sometime. I was burned by Mt Gox and will never again leave crypto on an exchange. I research the trade, transfer in, trade, transfer out. It does limit my trading options but I'm not really a day trader so it's not a real sacrifice. Iam much happier knowing I control the keys and if the exchange goes belly up, I still have my keys.
I stopped day trading as well. Controlling your keys gives peace of mind.