Hardware wallets are state of the art devices to store your coins or tokens safely.
There are still many misconceptions about these devices. Let's talk about it!
For instance, a lot of people think that if they lose their hardware wallet, their coins are lost. This is not the case. If you lose your hardware wallet device, or if it's stolen, you can always safely restore your accounts on another wallet. All you lose is the hardware device itself, not your accounts.
The main advantage is that you never have to expose your private keys, neither for storing your coins, nor for doing transactions. It makes it almost impossible to compromise your coins, even if your computer's operating system is hacked into. Thus if you're serious about storing your coins for the long term, a hardware wallet is highly recommended.
Do you use a hardware wallet?
Yes i am using a hardware wallet like ledger to store all of my coins. I believe it is much safer if you store your coins in a hardware wallet to avoid hackers and because you are the only one who can access it just always remember where you put it and don't ever misplace it.