I too am fairly new to this, I've been trading for less than a year so I can't give you financial advice. However, yes there are virtual and hard wallets. I use a few virtual wallets and haven't yet seen the need for a digital one. I watch David Hay crypto riot on you tube, I also follow the dollar vigilante Jeff Burwuck. They have videos about hard and paper wallets. I think you first must start with a virtual wallet to purchase the coins then transfer to hard wallet. There are ATMs that sell Bitcoin but I've not yet seen or used them. Keep researching for yourself that way you can become better educated in your decisions.

https://blockgeeks.com/guides/cryptocurrency-wallet-guide/

I hope this stears you in finding answers.