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Bitcoin Wallet Best Practices

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Thought I would get the ball rolling on a thread about bitcoin, or cryptocurrency best practices for storing and managing wallet keys.

Looking to avoid the same fate as this poor soul.
Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

Basic Questions

How do people here safeguard their wallets?

How real is the possibility that hackers could steal the wallet directly from my local machine? Is there a precedence for this?

Right now I just own bitcoin, but looking to pick up some more currencies... how do people structure the many wallets they have generated?

Thanks in advance for any tips

Bitcoin Wallet Best Practices | Ecency