Hardware wallets are secure, offline devices. They store your cryptocurrencies offline, so you can't be hacked.
Think of a hardware wallet like your bank account. A mobile wallet (one that you install on your phone) is more like the wallet in which you carry cash.
Your hardware wallet is used to protect large amounts.
A great tool for cryptocurrency investors
Where Cryptocurrency investors are responsible for protecting their own funds.
If you are looking to protect cryptocurrencies, the Ledger Nano S is one of the easiest and cheapest ways.
Legendary Bitcoin author, developer, and speaker Andreas Antonopoulos believes hardware wallets are the best storage solution for the average person