A Monero @paper-wallet can be generated by downloading the source code of https://moneroaddress.org/.Verify the signature of the code on a trusted airgapped device.Create the wallet and print or store it on the media of your choice.
Monero accounts and paper-wallets can be stored on any media - paper, USB drive, CD/DVD, or a hardware wallet device (Ledger available since June 2018).
The term "hot wallet" describes a Monero @account which is connected to the Internet.You can send funds easily but security is much lower than a cold wallet.Never store large amounts of cryptocurrency in a hot wallet!
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English words MUST be kept as is and translations added after them. Example: ["account", "accounts", "wallet", "wallets", "conto", "conti", "portafoglio", "portafogli"]