Hot Wallet or Cold Wallet? How to Choose YOUR First Wallet (Without Dying in the Attempt)
Many asked me: "How do I choose my first wallet?" 🧐
There's NO single answer. It depends on how much you're planning to store and for what purpose.
I'll help you decide in 1 minute with this visual and comparative guide 👇
🔵 HOT WALLETS
* What are they? Apps or browser extensions. Connected to the internet.
* Examples: Trust Wallet, MetaMask, Phantom.
* 👍 FOR: Funds you use frequently (purchases, trading, staking, DeFi). Like "the wallet you carry in your pocket".
* ⚠️ CAUTION: More vulnerable to online hacks. DON'T keep your life savings here.
⚪ COLD WALLETS (Hardware Wallets / Cold Wallets)
* What are they? Physical devices (like a USB). NO internet connection.
* Examples: Ledger, Trezor.
* 👍 FOR: Long-term savings (HODL). Like "the safe in your home".
* ⚠️ CAUTION: They cost money and are less convenient for daily use.
📊 MY SAFE RECOMMENDATION FOR BEGINNERS (The 1-2-3):
1. Start with a HOT WALLET (Trust Wallet or MetaMask) to learn and use small amounts.
2. When your investment exceeds what you'd carry in cash on the street, consider buying a COLD WALLET.
3. NEVER put all your eggs in one basket. You can have both.
👇 PRACTICAL AND SAFE ACTION:
1. What's YOUR case? Comment:
* 🟦 HOT if you prioritize ease and frequent use.
* ⬜ COLD if you prioritize maximum security for saving.
2. Are you AFRAID of installing a wallet? Let me know in the comments. My next guide will be "Install and Set Up Trust Wallet from ZERO (Without Errors)" if there's enough interest.
3. If this guide cleared your path, share it with that friend who's just starting out. You'll do them a great favor.
The right choice gives you peace of mind. Choose with knowledge.
The right choice gives you peace of mind. Choose with knowledge.
#Wallet #TrustWallet #MetaMask #Ledger #SeguridadCripto