To those people who carry around their hardware wallet on their keychain

Why? I never understood this practice. How often are you sending transactions and can’t they wait until you get home? Why not just load up a small amount in a hot wallet on your phone to make payments on the go if you need to?

I’m super paranoid when it comes to people knowing that they may be able to steal something from me. My debit cards even have RFID sheaths and I hardly ever carry cash. Seeing a hardware wallet on someone’s keychain just screams “I have crypto!!” Do you not feel you are making yourself a target to anyone who might want to test just how much you are holding? Granted, not many people know what a Ledger is, but those who do, know you are not dropping $100 on a hardware wallet to hodl $100 worth of BTC.

Help me to understand this seemingly risky behavior and why I shouldn’t toss the keychain attachment that came with my Ledger.