[michaelscott]

There's definitely an emotional component to investment (a line I often hear from property investors vs equity investors is "I can touch and feel my investment, what about you?"). The tangibility gives a much stronger sense of ownership and is also probably one of the reasons why hardware wallets are so popular in the crypto community.

That said, most people who buy gold as investments these days do so through ETFs or some other paper-based method so they never even see the gold themselves, let alone get a chance to "touch and feel" it.

[H8crilA]

Hardware wallets are popular because so many exchanges were hacked and coins stolen. Keeping crypto on exchanges for a long period of time is simply stupid, there's no upside (except saving 100 USD on a wallet).