Imagine your crypto is like cash that you keep in different pockets:
- Safer: If someone steals one pocket, you still have money in the others. Spreading your crypto across multiple wallets works the same way.
- Less Worry: If the price of one crypto drops, having others in different wallets can soften the blow.
- Harder to Track: Blockchains are public, so anyone can see what’s in a wallet. Using lots of wallets makes it harder for people to track all your transactions.
- Easier to Organize: You might want to keep the crypto you plan to hold for a long time in a different wallet than the crypto you use for everyday spending.
The Big Idea: Think of using multiple wallets like having a super organized closet. It keeps things safe and makes it easier to find what you need.
