Digital Hardware Wallet
Digital hardware wallets make the process above significantly easier by automating laborious parts of the process. Digital hardware wallets essentially act like a self-contained mini computer that can communicate with your laptop/desktop via USB. This is convenient because you can move your Bitcoin from your software wallet to your hardware wallet, or directly to your hardware wallet address from your Bitcoin source. By doing so, you disconnect your private key from a digital device that is actively connected to the Internet, which significantly reduces the chance of a malicious hacker stealing control of your coins. At the same time, your Bitcoin access stays on a computer, so that if you choose to liquidate some of your funds, you dont have to go to the bank to grab a piece of paper and enter the characters thereon into your computer to make a purchase.
The digital hardware wallet scene has two major players: Trezor and Ledger. Lucky for you, we have two lengthy reviews detailing everything you need to know about Trezors flagship wallet and the Ledger Nano S.