I will say this - if you do not understand Bitcoin in terms of all its advantages and risks, then you will not be able to choose the right wallet. Therefore, we can say that the average investor in BTC chooses his wallet based on the knowledge he has, and then we could classify people into several categories according to the way they store their coins.
- The first category is those who know very little and accordingly approach investing in BTC by opening an account at an exchange where they buy and keep it. They are at risk of losing their coins if the exchange is hacked, if they click on a phishing link, or if they fall victim to clipboard malware.
- The second category is those who know a little more and don't keep all coins on CEX, but keep them in hot wallets, whether they are desktop or mobile versions. They are most at risk of downloading a malicious wallet that will lead them to enter their seed, and also of becoming victims of clipboard malware.
The third category is those who know a little more and use hardware wallets, although they do not fully understand how important a backup (seed) is and save it online (e-mail, cloud) or on a computer as plain text without any protection. Hackers often take advantage of this, and then the same users say that someone hacked their hardware wallet.
The fourth category of users knows the most and for complete security they use cold/airgapped wallets, in a way that they use devices that are completely isolated from the internet and communicate with the online world via QR codes or SD cards.