#CryptoSecurity101 โ€“ Hot Wallets vs. Cold Wallets: Which Should You Trust? ๐ŸงŠ๐Ÿ”ฅ

Securing your crypto is just as important as trading it. Letโ€™s break down the two main types of wallets and how to stay SAFU:

๐Ÿ”ฅ Hot Wallets (online)

โœ”๏ธ Connected to the internet

โœ”๏ธ Great for frequent trading and quick access

โ— More vulnerable to hacks and phishing

Examples: Mobile apps, browser extensions, exchange wallets

๐ŸงŠ Cold Wallets (offline)

โœ”๏ธ Stored offline, immune to online attacks

โœ”๏ธ Best for long-term holding

โ— Less convenient for fast trades

Examples: Hardware wallets (Ledger, Trezor), paper wallets

๐Ÿ’ผ My Setup?

I use a hot wallet for small, daily trades and a cold wallet to store long-term holdings securely.

โœ… Best Practices to Stay SAFU:

๐Ÿ” Enable 2FA on all accounts

๐Ÿšซ Never share your seed phrase

๐Ÿ” Double-check URLs to avoid fake sites

๐Ÿ“ค Withdraw large holdings to cold storage

๐Ÿ› ๏ธ Keep firmware and apps up to date

Remember: Not your keys, not your coins. Take control of your security!