In any case, we recommend every new user to have a closer look at the subject of security.
Personally, I use multiple Ledger Nano S for most of my coins, and I'm extremely happy with it.
Other coins, e.g. IOTA, whose private key is simply a "seed string", are not yet supported. Nevertheless, they can safely be stored in a cold storage (e.g. paper wallet) by manually applying an AES encryption with your individual cypher key.
Definitely an exciting topic, we would appreciate, if you check out the blog section on our website. We have already written several articles, including a Trezor / Ledger and Hot Wallet / Cold Storage comparisons, as we believe this should be one of the most relevant topics for crypto investors.
https://bitcoincashback.net/blog/hot-vs-cold-wallet
Personally, I use multiple Ledger Nano S for most of my coins, and I'm extremely happy with it.
Other coins, e.g. IOTA, whose private key is simply a "seed string", are not yet supported. Nevertheless, they can safely be stored in a cold storage (e.g. paper wallet) by manually applying an AES encryption with your individual cypher key.
Definitely an exciting topic, we would appreciate, if you check out the blog section on our website. We have already written several articles, including a Trezor / Ledger and Hot Wallet / Cold Storage comparisons, as we believe this should be one of the most relevant topics for crypto investors.
https://bitcoincashback.net/blog/hot-vs-cold-wallet