Family members want to purchase crypto but cold wallet is a deal beaker.

I have some family members and friends that want to get into crypto (BTC or ETH) but want no part of self custody. They don’t trust themselves to keep their keys safe and worry that they’d permanently lose access to their crypto.

They’d rather just buy it on an exchange and keep it there no matter how much I tell them about all the folks who lost their crypto to CEX failures. They are so used to trading on apps like Fidelity,TD ameritrade etc and want that ease/convenience.

Would you: A) tell them not to until they are ready to self custody in a cold wallet B) tell them to buy on a CEX and keep it there C) tell them to buy at their traditional stock brokerage if it offers crypto trading since they are already comfortable using that interface.

I’d like for them to have some crypto exposure before the next halving.