When it comes to Bitcoin investment it's always advisable that investors should always go for a long term investment plan because Bitcoin as an asset is volatile and this Volatility helps in making the price of Bitcoin to appreciate on the long run another reason is panic buying  there are people who buy Bitcoin when they see that the price of Bitcoin appreciates to a particular amount, historically it has been proven that long term investment is more profitable So here's why you should use a cold wallet which is a wallet that is not connected to the Internet for storing your long term investment because it's important the type of wallet that you use in storing your long term investment in Bitcoin because most of wallet are subceptible to attack which can lead to you losing your bitcoin assets.

 Offline Storage = Maximum Security

A cold wallet is not connected to the internet, which makes it virtually immune to hacking, malware, and phishing attacks.

Common cold wallets:

Hardware wallets like Ledger, Trezor, Paper wallets like printed copy or a hand written copy ,Air-gapped computers never connected to the internet

You Control Your Private Keys

Cold wallets give full ownership and control over your private keys it's always not your keys and not your coins  if you leave your crypto on an exchange (a hot wallet), you're trusting someone else with your funds.

Ideal for Long-Term Storage

Since they’re not used for frequent transactions, cold wallets are perfect for "Holding you reduce exposure to risks that come from regular internet use that is for wallets that are used for short term investment so cold wallet is the Ideal wallet when it comes to Long term hodling .

Peace of Mind

Knowing your funds are stored in a device or medium that’s disconnected from online threats brings a high level of reassurance this will help you to be at rest and not be too concerned about the safety of your investment especially from scammers .

   Benefit

Offline____   Immune to online threats
Private key_____ ownership   Full control over funds
Less attack surface____   No software vulnerabilities online
Great for large holdings____   Best for storing large amounts safely


 Demerits of using a cold wallet

Less convenient for everyday use ___you need to connect the wallet and authorize transactions manually.

Requires secure backup __if you lose your cold wallet and recovery seed, your crypto is gone forever.

Can be damaged or lost physically __paper can burn, hardware can break.