CeFi or Cold Storage?

BitcoinBitcoin
$20,056.89
‑1.34%
self.Bitcoin6d ago
I had been struggling to decide where to keep my bitcoin, between CeFi and cold storage. Which one do you think is better? - CeFi earns you interest payment, but if the crypto bank/exchange goes belly up, the coins are lost. - Cold storage offers no interest payment, but is safer. Still there is risk of losing the wallet or the recovery phrase to theft or fire. Ps. currently sitting in cold storage.