Unlike a normal wallet, which can hold actual cash, crypto wallets technically don’t store your crypto . Your holdings live on the blockchain, but can only be accessed using a private key. Your keys prove your ownership of your digital money and allow you to make transactions.
Read moreDoes my crypto gain value in a wallet?
Short answer: your bitcoins will always follow the market value , it doesn’t matter how you store them. Long answer: Wallets (this applies to any kind of bitcoin wallet) do not contain bitcoins: bitcoins do always stay in the internet (in the distributed online ledger called the blockchain).
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