Knowledge Pill: Hot Wallet vs. Cold Wallet - Which is Best for Your Cryptos?
Hot Wallet: Connected to the internet (e.g., MetaMask, Trust Wallet).
Pros: Great for daily use, quick access for swaps and interaction with DApps.
Cons: More vulnerable to hacks and phishing attacks.
Cold Wallet: Offline (e.g., Ledger, Trezor).
Pros: Maximum security. Your private keys never touch the internet. Ideal for storing large amounts long-term (HODL).
Cons: Less practical for daily use.
Conclusion: Use both! Keep a small amount in the hot wallet for transactions and the bulk of your portfolio secure in the cold wallet.
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