I believe this is the best advice to basically any user out there.
If you are investing more than 2000 usd, there is no reason not to buy a hardware wallet.
exactly on point, the amount to use in purchasing a hardware wallet is too small than risking the entire asset to nothing, if truly one needs protection then it must be gotten at all cost because it will give a rest of mind.
It is good and better to be open source code, but ledger nano is also a very good and safe option and it isn't open source.
good idea, it also has a compactibility with mobile devices as well (ledger nono x)
If you're talking to maintaining privacy, then it's not recommended to use centralized hardware wallet since when you're want to order a hardware wallet, you need to write your full name, location, etc etc that would kill your privacy. Even there's a guide to bought a hardware wallet without losing your privacy, but not all countries offer that and sometime they're asking your ID when you want to pick up your package.
The best way to have cold storage and wouldn't harm your privacy, is making your own cold storage but it's really hard, you can read it yourself
[Guide] Secure air-gapped crypto wallet storage methodThanks for this informative idea, many couldn't have thought about this as one of the ways we can get ourselves been exposed, this seems a salient aspect users may overlooked to mean nothing but one can actually be tracked down, going decentralized really means 100% KYC free.
As far as I know there are no open source hardware wallet that is supporting crap like solana (Trezor is not supporting it for sure), and it's just waste of time and resources.
Just use Bitcoin, it is supported by all hardware wallet
I'd thought about it as well on several occasions, bitcoin is generally acceptable by any kind of wallet while shitty coins don't have the support of the reputed wallets, some could have sensed this before now where Solana belong, everything about bitcoin has just been made perfect.
What should you do right now to stay safe
1. Quickly transfer all your coins from hot wallet if you use one
2. I recommend the use of cold storage, hardware wallet to be precise which is open source
3. Invest less on altcoins or majorly base your investment with bitcoin
5. If you have control (keys) over your digital assets then its yours but if you don't, you're not safe
I want to know, where is your 4th point?
Lol... Its an omission in numbering
but thanks for the observation.