People asked why they should get a cold wallet that could cost hundreds to thousands when they could go for a hot wallet that is free to use. We know that hot wallets are free and convenient but vulnerable to phishing and malware attacks. On the other hand, cold wallets are safe, but more steps are required when using them. Both types of wallets have pros and cons, and it is crucial to utilize them. You shouldn't just choose between two when you should have both to maximize your crypto protection.