💡 Crypto 12:🔥❄️ Hot Wallets vs Cold Wallets: Which One Do You Need?
Hot Wallets (Connected to Internet) 🌐
• Examples: MetaMask, Trust Wallet, Binance App
• Pros: Convenient, fast transactions, free
• Cons: Vulnerable to hacks, malware
• Best for: Daily spending, trading, small amounts
Cold Wallets (Offline Storage) 💾
• Examples: Ledger, Trezor, Paper wallets
• Pros: Extremely secure, hack-resistant
• Cons: Less convenient, costs money, can lose device
• Best for: Long-term holding, large amounts, "HODL" strategy
The Smart Strategy:
Keep 90%+ in cold storage (your savings) 🏦
Keep 5-10% in hot wallets (your spending money) 💳
Remember: Even the best wallet is useless if you lose your seed phrase. BACK IT UP physically (pen & paper, not screenshots)! 📝
#HotWallet #ColdWallet #CryptoSecurity #HardwareWallet #SelfCustody $BTC