> then the answer is unquestionably that you should both buy and store you coins on coinbase. That is such terribly bad advice that I cannot ignore your post.

> then the answer is unquestionably that you should both buy and store you coins on coinbase. That is such terribly bad advice that I cannot ignore your post. Storing any amount of coins on an exchange is a liability that is far more considerable than keeping your funds on an encrypted USB-key sized device that you can keep at your home, or at the bank, or anywhere you think it will be reasonably safe. It has fail-recovery procedures built-in so that even in the event of a hypothetical hardware failure, you can recover your funds. If you're even a tiny bit technical it won't be a problem at all. Your argument boils down to your one single bad experience with a hardware wallet that you dub the "nicest one" despite popular knowledge and maybe because of its price alone. And that's despite being able to recover your funds safely as advertised. And the rest of your post is split between audacious comparisons between banks and exchanges that I won't bother to address; and appeals to authority ("exchanges know better!") that has been debunked over and over again in very recent history. I don't ask you to believe me, for every high-profile case you hear of MtGox, Bitfinex, BTC-e etc. there are many more smaller exchanges that (just like the big ones) sink with their customers' funds.