How To
BITCOIN-ONLY WALLETS
Bitcoin is best stored in your own
self-hosted
non-custodial
bitcoin-only 'wallet'
A 'wallet' is actually a piece of software which is a signing device. It contains your private keys which it uses to sign a transaction you send (broadcast).
HOT WALLET
This is a mobile bitcoin wallet app you downloaded to your phone or computer.
It's best for daily transactions.
COLD STORAGE WALLET
This is a hardware wallet. It's also known as a hardware wallet.
It's a separate device for storing your keys.
Both are good, but if you have between $500 and $1000 in bitcoin, it's recommended to use a cold storage wallet because it's more secure.