Post
Topic
Board Bitcoin Discussion
Re: How do I secure my wallet
by
Furious 7
on 13/06/2023, 20:01:26 UTC
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.
Saying whether bitcoin is a valuable asset or not returns to everyone's beliefs and perspectives because we also won't be able to impose what is said to be good or not in this case considering that what we think is good may not necessarily be as good according to other people. so that in this case we can only feel ourselves regardless of the views of others, let them judge according to the perspective they feel.
On the other hand, when talking about wallets, it's really good not to use what your friends suggest, maybe you can if the goal is trading, but when talking about investments, I personally prefer something safer than that.
A better suggestion might be Hard Wallet because apart from anything the security and comfort are also quite felt for this, as long as we don't provide seeds or anything related to our wallet I think it will be very safe to be there at least that's how I feel until now.