It has been some months that I have been in this forum, I have started making arrangements for transacting with Bitcoin in the aspect of buying and storing. I don't have much knowledge of wallet to the extent of knowing a preferable wallet to use for storing my Bitcoin, right now I know that Bitcoin is a valuable asset from my understanding but other people doesn't accept the fact that it is really an asset, so I want to know a good wallet to use for my Bitcoin because I notice that some wallet my friends recommend to me are all exchange kind of wallet and I was told that it's not proper to use an exchange wallet for storing or saving of Bitcoin for a long time. I wish to have more recommendation or articles to read concerning wallets and it's security values but during my research I was recommended to use electrum wallet but I was confused if electrum wallet is an exchange or a custodial wallet, therefore i need a good direction, clarification and update of suitable wallet from senior colleagues.
You actually are doing well wanting information as to the best wallet to use in storing your Bitcoin as you wan to venture into this trading of bitcoins...I'd advice that you make real researches deep into these wallets and their features that is, what they have to offer as you trade yir Bitcoin to make the trading secure and reduce loss of your coin during transactions. Indeed electrum wallet is one popular and widely used for transactions of bitcoins others and it's a non-custodial wallet, meaning you're in full control of your bitcoin , any mistakes during transactions is ascribed to you if any occur and that's a loss. Other available wallet that are are Coinbase....ledger... metamask and many more other non-custodial wallet but you need to understand that you're in charge here and so would advise you to make thorough research and choose a suitable wallet of your choice having seen the features and security measures of each of the wallet. I hope this helps!