You could be leaving your crypto wallet open to hackers—here’s how to protect it

3. Don’t Put All Your Money In One Wallet

The expression “do not put all your eggs in one basket” is probably familiar to most of you. This advise is quite precise and worth implementing when it comes to our bitcoin activity.

As a result, you will need two digital wallets, one for each use case. You will use the first wallet, termed the “hot wallet,” to execute all of your trading and transactions. The “cold wallet” or “cold storage” is the other wallet. It is the place where you keep your cash. Your private keys for both wallets should be saved up and stored offline.