The kind of wallet to be used by an individual depends on one's personal choices and research about the wallet.
Should one use a hot wallet or a cold storage? A mobile or Hardware wallet?
It depends.
If one values Convenience, a mobile wallet allows you to transact on the go, while a web wallet can be accessed with an internet browser.
If you value security, you should avoid using web wallet. And depending on the level of security you want, there are several options to choose from.
If you value full control, a brain wallet, or a hardware wallet such as ledger or Trezor, will likely be the best option.
As well, one should keep in mind that, having full control doesn't necessarily mean it's more secure.
For example, you could use a paper wallet, which gives you full control of your crypto assets, but if you just happen to leave the piece of paper lying around, or post a photo of it on a social media platform, it's not really secure.
Holdingbyour crypto assets in non-custodial cold storage provides most secure, most control, but at least convenient option. While custodial hot wallet provides the most convenient option, but with the least amount of control and security.
Another thing to consider is how frequently youbwill ise your funds. For example, are your crypto assets used for trading or you're strictly HODLing?
If you're trading crypto assets, you'll probably be transferring funds much more frequently between your trading platforms and wallet compared to just HODLing.
