Building my cash position on coinbase.

Title pretty much explains it. But this sub loves a drawn out question.

I cut my Bitcoin dca down by half, and I started to start building my cash position, so I have some dry powder incase of a crash. On coinbase they are offering 5% apr on usdc. I keep all of my btc on a cold storage device, and don’t keep anything on exchanges over 1k. But if I start building my cash position with usdc on coinbase. I am worried of loosing my cash position due to a exchange hack, or if coinbase goes under for some freak reason. I could just store my cash in my savings account, but the 5% apr and the ease of swapping it right to btc when the right time comes sounds too tempting.

Someone tell me if I’m just being too cautious, or if my gut paranoid feeling is right.

Thanks again, happy Saturday