Ready to stop guessing? Learn how thousands have built a proven cryptocurrency portfolio, book a call here: https://imperialwealth-services.com/crypto-consultation-ccw-yt

In this episode, Will dives into one of the most important questions facing crypto investors today, how do you actually protect your cryptocurrency from hackers and government seizure? He breaks down the two main ways to store your crypto, why exchanges are the weakest link, and how wallets, both software and hardware, offer different levels of security depending on your goals. Will explains the critical best practices every investor should adopt, from spreading funds across multiple wallets, recording and safeguarding seed phrases, and always running test transactions, to avoiding lazy habits like leaving large sums on exchanges. Along the way, he shares real stories of costly mistakes, unexpected wins, and why diligence and discipline matter more than ever in this new financial frontier. They wrap with how everyday investors can build strong foundations, minimize risk, and position themselves to grow wealth safely in crypto without falling victim to avoidable errors.

👉 Book in a free 30-minute strategy call with Imperial Wealth Crypto:

https://imperialwealth-services.com/crypto-consultation-ccw-yt

👉 Book in a free 30-minute Bitcoin Mining & Hosting Call with Mining Store: https://www.miningstore.com.au/mining-consultation-ccw-yt

Follow Crypto Coach Will:

https://www.instagram.com/cryptocoachwill

https://www.tiktok.com/@iw.crypto

https://www.facebook.com/cryptocoachwillwright

https://x.com/cryptocoachwill

https://www.linkedin.com/in/william-wright-63a9b9116/

Timestamps:

00:00:00 - Introduction

00:01:26 - Understanding Cryptocurrency Storage

00:02:19 - Centralized Exchanges: The Risks

00:03:43 - When to Use a Cryptocurrency Exchange

00:04:28 - The Importance of Withdrawing to Wallets

00:05:32 - What is a Wallet?

00:06:36 - Choosing Between Software and Hardware Wallets

00:07:36 - Best Practices for Wallet Management

00:09:36 - Recording Your Seed Phrase

00:10:39 - Diligence with Software Wallets

00:11:00 - The Importance of Test Transactions

00:12:32 - Personal Stories: Lessons Learned