Yep! That's why we have banks and brokerage firms to custody our most valuable possessions. Self-custody of more than about $20,000 worth of anything is reckless. Just like I would never keep that much actual cash at home or bars of gold at home. I don't keep stock certificates on my computer.
People need to let it go about having their bitcoin confiscated (in the US). It's a problem in certain other countries and that's where Bitcoin shines.