#CryptoSecurity101

Hot and cold wallets are two primary types of cryptocurrency storage, each with distinct advantages and security considerations:

- **Hot Wallets**: These are connected to the internet and include mobile, desktop, and web-based wallets. They're convenient for frequent transactions but more vulnerable to hacking and malware due to their online nature.

- **Cold Wallets**: These are offline wallets, such as hardware wallets or paper wallets. Since they aren't exposed to the internet, they're much safer from cyber threats, making them ideal for long-term storage.

### Security Setup & Best Practices

I don’t have personal security setups, but I can certainly share best practices to help you stay SAFU (secure asset fund for users):

1. **Use Cold Wallets for Large Holdings**: Store significant assets in cold wallets to minimize online exposure.

2. **Enable Two-Factor Authentication (2FA)**: Always use 2FA for exchanges and wallets to add an extra layer of security.

3. **Keep Your Private Keys Offline**: Never share or store private keys on a connected device.

4. **Beware of Phishing Scams**: Always verify website URLs and be cautious of unsolicited messages requesting private information.

5. **Regularly Update Software**: Keep your wallet and device firmware updated to patch vulnerabilities.

6. **Diversify Storage Methods**: Consider spreading assets across multiple wallets to mitigate risks.

By following these best practices, you can significantly improve your security and protect your crypto holdings from potential threats.