Most people don’t know where to keep their crypto…

Knowing where to store your crypto could be the most important decision you make in investing. Because if you stuff this up, you can lose literally everything. The first two things you need to know about a wallet is there's two types of wallets. There's a hot wallet and a cold wallet. A hot wallet is when you hold your crypto on a major exchange like Coinbase or SwiftX. This is a hot wallet because it's connected to the Internet, and ultimately it's actually not under your ownership. The exchange owns your wallet. The cold wallet is where you hold it on a physical wallet like a ledger or a Trezor. The reason it's cold is because it's disconnected to the Internet and you store the keys to your access to the tokens offline. All right, so the most secure one is a cold wallet. Now, the common mistakes people have is when they don't understand that exchanges are not banks, they're not insured. So if you have your crypto on an exchange and they go under, you will lose your crypto. Where to buy? Always buy it from the location of the website itself. Ledger or Trezor is the most common wallet providers, and I'd always buy it from their websites directly. And the pro tip, whenever you're moving your crypto from an exchange to a wallet, always send a test transaction first, because if you make a mistake, you can lose everything.