#CryptoSecurity101 Hot wallets, like mobile apps, offer convenience for frequent trading but are online, making them vulnerable to hacks. Cold wallets, such as hardware devices or paper wallets, store funds offline, enhancing security for long-term holdings. My setup uses a cold wallet for savings and a hot wallet for active trades, with multi-factor authentication and regular backups. Best practices include using strong, unique passwords, enabling 2FA, avoiding public Wi-Fi for transactions, and updating software. Staying SAFU (Secure As requires vigilance, diversifying storage, and staying informed about phishing threats to protect your crypto assets.