Will I lose everything if I shut down my iPad?

Good afternoon, I'm wondering about something regarding technology and data security. Specifically, I'm curious about what would happen to my cryptocurrency wallet and other financial data if I were to shut down my iPad. I understand that many people store their crypto and financial information on mobile devices these days, so I'm concerned about the potential consequences of simply powering down my iPad. Would I risk losing access to my funds or important data? Could you please provide some insight into this matter? Thank you in advance for your assistance.