Earlier I wrote that I have installed Daedalus, but was mistaken. I went to download, and found it is not available for iOS. I am on an iPad, so instead installed the Emurgo Yoroi.
Today I ordered a renewed Dell with Win 10, just to be able to have a cold wallet… once ADA can be transferred off the c.c App.
My question is, what happens to the ADA when it is in a cold wallet, that is, does it rise and fall with the market? I have not invested in ANYTHING before, so the concepts are a bit foreign. I suppose the value is the market, when the coins are sold.
What happens if for some reason the cold wallet is inaccessible? All is lost?
There is no back-up, is there? The coins can be in only one place?