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.
Investing in Bitcoin is one of your best strategies that will prove in the future that you made a great decision. always keep your investment in your personal wallet. there are two types of wallets in personal wallet, one is soft wallet and the other is hard wallet.
Among the soft wallets, MetaMask wallet and Trust wallet are considered very good which you can download for free. While hard wallets you have to buy online, some are quite expensive and some are available at reasonable prices. among which Ledger nano X and Safe Pal Wallet are considered good. A few days ago, there was a news regarding the update of Ledger, due to which it faced a lot of criticism. Whereas I have Safe Pal wallet and have been using it for the past one year and consider my investment safe here.
Always keep one thing in mind whether it is soft wallet or hard wallet always keep your seed safe and don't give it to anyone.