It’s important to have the right tool for the job.
Although the software we use to manage cryptocurrencies is called a “wallet”, no actual value is held in the wallet itself. Instead, it is a management interface for interacting with your private keys and blockchain networks. Modern cryptocurrency wallets are more like a chequebook, which doesn’t hold any actual assets directly, but can sign them to another person. Because balances are tracked by the blockchain itself, cryptocurrency wallets mainly automate the process of signing cryptographic messages and broadcasting them to peer nodes in the network.
While it might seem like a lot of options, most users follow a similar path in their blockchain journey. Usually, the easiest way to purchase digital assets is through a custodial provider. Once you do, you’ll want to export the funds to a hot wallet or a hardware wallet. For assets you plan to hold for a long time, consider setting up a cold storage wallet on paper or via a tool like Crypto Key Stack - their fireproof, waterproof wallet is likely to survive as long as you can need it.