Due to theft, computer malfunction, loss of access keys, etc., users may lose Bitcoin and other cryptocurrency tokens. Cold storage (or offline wallets) is one of the safest ways to store Bitcoin, because these wallets are not accessible via the Internet, but hot wallets are still convenient for some users. Those interested in the most secure storage should consider using hardware wallets in all their long-term Bitcoin and cryptocurrency storage.

Due to theft, computer malfunction, loss of access keys, etc., users may lose Bitcoin and other cryptocurrency tokens. Cold storage (or offline wallets) is one of the safest ways to store Bitcoin, because these wallets are not accessible via the Internet, but hot wallets are still convenient for some users. Those interested in the most secure storage should consider using hardware wallets in all their long-term Bitcoin and cryptocurrency storage.