Post
Topic
Board Bitcoin Discussion
Re: How do I secure my wallet
by
Z_MBFM
on 18/06/2023, 01:00:23 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.
Always keep in your mind that not your key not your bitcoin. so always use noncustodial wallet which wallet will provide you a private key or security phrase then you can consider it as a safe wallet and you should careful from clicking any type of phishing link. a phishing link can put in a danger Because most of the hackers now use phishing strategy to access victims devices