Quote from: Eternad on June 09, 2023, 03:53:11 PM

Hardware Wallet is the safest device to store your crypto because it can be considered an air-gapped device. Electrum is also safe if you knew exactly how to protect your private key/seed phrase.
~snip~

There are HW that are really airgapped and for communication with online wallets they use QR codes or SD cards, but most such devices cannot be called by that name because sooner or later they have to be connected online, whether it is firmware or coin app updates. A regular old laptop turned into an airgapped device is safer than any HW you can buy today, assuming you do everything right.

Electrum as a hot wallet can be safe, but I would never recommend that such wallets be used by those who have a low level of security on their devices, whether it is personal computers or smartphones. Any crack, torrent or something similar that is downloaded online to such a computer may contain malware/keylogger or RAT (remote access trojan), and then the attacker has full access to everything on such a computer.