Hello, I have some spare cash with me which I want to invest in crypto. BTC is king anyway so I will need your suggestions for best way to store it for long term - cold storage preferred for investment and also some way I can spend it without using banks while I travel abroad. Please help this noob.
Thank you
Have a nice day
You are welcome to the Bitcoin family 😂
Well if you are considering a long-term storage there are different forms in which they can be stored
You could use a hardware wallet like a ledger or trezor
You could use an offline storage solutions like cold card and cobo
Or paper wallets
But these are cold wallets, and since you want to be able to spend your crypto while travelling
You would have to consider hot wallets because they are much more easier to access
Which are your mobile wallets the only issue is that hot wallets are not as secure as cold wallets and are prone to being hacked
You should consider going on coindesk.com for more information they really helped me alot as a beginner