[cwkoss]

You are correct, but I feel compelled to point out that the average person should be hesitant to hold bitcoin personally.

Crypto is hard to get write, and people suck at key management.

If you're going to store your own bitcoin, please do several 'test runs' depositing tiny amounts and practicing retrieving it. Understand potential attack vectors. Too many stories of "I forgot the pin i used to encrypt my private key" or "I saved my private key in gmail and lost all my bitcoin when my email got hacked" or "I used a malicious wallet software and it stole all my coins".