Post
Topic
Board Electrum
Re: Am I safe keeping more than 1 btc in a electrum wallet?
by
NeuroticFish
on 20/07/2021, 12:00:25 UTC
I prefer electrum cause i have a weak memory and already lost a ledger one time,but is it really safe ?
does something like that hacking of the fake update links showing for people with old electrum clients can happen again ?

Anything can happen. It's not that Electrum would be unsafe, but it depends a lot on how (un)safe the computer/laptop is.
So unless you have the knowledge and willingness to keep 1 BTC+ on airgapped cold wallet, I also recommend you use a hardware wallet. And it doesn't matter that much if you lose your hardware wallet as long as you still have the safely kept seed (or course that after losing your hardware wallet you'll have to move your funds away, just in case)