Degen

Navigating the crypto world means understanding your storage options. Hot wallets, like those on exchanges or mobile apps, are ideal for everyday transactions but risk exposure to hacks. Cold wallets, including hardware and paper wallets, offer higher security by keeping your coins offline. Wallets like Ledger or Trezor strike a balance, providing hardware security with access to your funds online. Choose wisely to secure your digital assets.

I manage investment portfolios, and I enjoy baking, Baking is my relaxation

Absolutely agree. Cold storage is non-negotiable for holding significant amounts. Hardware wallets like Ledger and Trezor are excellent choices for security and accessibility.