I was thinking of investing in a crypto wallet for storing my Bitcoin; can anyone suggest if a cold wallet or a hot wallet will be a better choice and why? Will be great if some verified wallet brands can be shared..
As beginner I think that your best option is a
hardware wallet. Hardware wallets are convenient and pretty safe.
Cold wallet is already
a bit more technical and you'll need to learn a little bit (I've encountered enough cases who misunderstood/misused the concept of cold wallet).
The main competitors for hardware wallets used to be Trezor and Ledger, but Ledger has botched too many thing lately so you are better off avoiding it (although I do have a Nano S and I'm happy with it).