What’s the importance of cold storage for your crypto?
The answer is relatively simple, Not your keys, not your coin. The further away from the internet the better. That’s why it’s always good to store your crypto in a hardware wallet, where you can unplug from the internet and store it in a safe location. A Good example of this would be at home in a safe, or a safety deposit box at your preferred bank. But remember to back up your seed phrase and store it in multiple safe locations. If you lose your backup seed there is no way to restore your crypto if you lose or break a wallet. Remember to never share your backup seed with anyone! Do not take pictures, and or save them on a computer document cloud or otherwise. If someone gains access to your seed phrase, you are at risk of losing your crypto to pirates..
