Can cold wallets get hacked?
Could you please elaborate on the question, "Can cold wallets get hacked?" I'm curious to know if these supposedly secure storage solutions for cryptocurrencies are truly immune to external threats. Given the increasing popularity and value of digital assets, understanding the vulnerabilities of cold wallets seems crucial. Are there specific security measures that need to be taken to safeguard against potential hacks? Or are cold wallets inherently more secure than other storage methods? Your insights would be greatly appreciated.
Are cold wallets worth it?
Are cold wallets really worth the investment? They seem like an additional layer of security, but do they actually provide enough benefits to justify their use? Are they really necessary for those who are just starting out in the cryptocurrency world? And what about the convenience factor? Won't it be a hassle to constantly move funds between hot and cold wallets? I'm also curious about the cost. Are cold wallets expensive, or are there affordable options available? Finally, are there any specific cold wallet brands or models that you would recommend? I'd like to hear your thoughts on this matter.