Ask Which is between self-hosted and hosted membership platforms?

[SuperAffiliateX]

I want to start a membership site, but I'm confused about hosting. I see options for self-hosted and hosted platforms, but I don't understand the difference. Do self-hosted sites give more control? Are hosted platforms easier to manage? I don't want to pick the wrong one and regret it later. My main concern is ease of use, security, and cost. I also don't want technical issues that I can't fix. Which is better between self-hosted and hosted membership platforms?