#ETHReclaims3800
---
✅ What is cold storage?
It is storing your private keys away from the internet, making it almost impossible to be hacked through the network.
---
🔑 Types of cold storage:
1. Hardware Wallet:
Like: Ledger Nano X or Trezor.
Keys are stored on a small piece of hardware that only connects to the internet when needed.
2. Paper Wallet:
The private key or QR code is printed and stored in a safe place (like a safe).
Risky if the paper is lost or burned.
3. Storage on a completely isolated device (Air-Gapped Computer):
A computer that never connects to the internet, and is used only to sign transactions.
---
🛡️ Features of cold storage strategy:
Very high security against hacking and attacks.
Ideal for storing large amounts of Bitcoin for a long time (HODL).
Used by hedge funds, major crypto companies, and even governments.
---
⚠️ Additional tips:
Use a wallet with a seed phrase and do not share it with anyone.
Store a backup in another safe place (like a home safe + an external safe).
Do not keep all your Bitcoin on exchanges or hot wallets.
