So, sometimes think I know a good amount abt crypto world and then get so confused abt the logic some basic aspects, like wallets. So please ignore my ignorance,

I tried to research some of this but couldn’t find a clear answer. Ifinally have enough funds to where the idea of storing it all in an exchange makes me wary so bought a ledger so could transfer it all. But then saw a post about how ledger is now considered a hot wallet. So, how is this different than any other hot wallet and is it still a safe place to store large amounts of coins?

Also while l’m here, I always see people talk about how you can connect hot wallets to it and still use them, but I’m confused how you can connect wallets like meta or phantom to your cold (or guess another hot if ledger is a hot wallet now) and it’s still safer than using those wallets by themselves. Is it just like a gateway for transactions? How does that protect your funds more than storing them in the browser/ app wallets? Thanks!