【Term explained】What’s the difference between cold and hot wallets?
Your assets are always recorded on the blockchain; what a wallet actually stores is the private key that controls them.
Many people put the $BTC they plan to hold long-term in a cold wallet, while keeping what they need for everyday use in a hot wallet.
There’s no one-and-done solution to wallet security. Good habits are more effective than trying to fix things after a problem occurs.

Markets move quickly, so don’t rush to conclusions.