This is exactly what people felt when they trusted BlockFi, FTX, Celsius, Voyager, and on and on. The hands off someone else is keeping it safe for me approach. In reality, they are spending your coins. On the flip side, worrying about your house burning down, or wear you store your key phrases getting ransacked, or you getting dementia and forgetting your memorized seed words. There’s no perfect answer. I just like my odds better with self custody.