That's pretty accurate. The only way for your Bitcoin to be gone would be if every node were to be destroyed. Very resilient.

By contrast, your ability to access your Bitcoin can be lost if 1. you lose the ability to communicate with any Bitcoin nodes, or 2. you lose your private key, or someone else obtains your private key. Significantly less resilient, and dependent on how you manage 1 and 2.

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Yes very true. I started using hardware wallets (ledger) started last dec but there are still better ways I can safeguard the bitcoin I have

Keep leveling up one step at a time.

Thanks !!