I think it's very prudent to do this often! More of us need to make it a frequent practice IMO. Why?
-helps you become more familiar with the technology behind it. BIP standards, cryptography, multisig... you learn by doing!
-as with any tool, practice makes permanent. It can boost your confidence in using it and give you crucial skills so you're less likely to make a mistake or lose your coins when it really matters.
-stay on top of current protocols (like Sparrow and UTXO management), or using the latest firmware.
-safeguard your coins by weeding out bad actors on the spectrum of trust (like Ledger for example and their interface issues)
All the BITCOIN only exists over on the network. You can have your key, but you can not have BITCOIN, it is still on the network. Even when you spend it, it doesnโt go anywhere else. It remains still on the network. One mined, BTC can neither be created or destroyed. Only accessed.