Post
Topic
Board Bitcoin Discussion
Re: is electrum safe?
by
Mame89
on 28/11/2023, 19:13:46 UTC
I am 19 years old man living in South Korea.
I want to invest in bitcoin for rest of my life, and I have 0.002 btc now. I want to keep it safe forever.
Someone told me that exchange is not safe because exchange can be hacked by hackers.
I am using software wallet called 'electrum'. I downloaded it from the official website 'electrum.org'
Is this safe wallet?
Sorry, I am not fluent in english. Please understand me.
I like your enthusiasm, even though the amount of BTC you have is still small, you have thought about wallet security. Because very many people don't think about the best wallet if they have a small amount of btc. In this case, even though you are only 19, you are already mature because you are already thinking about long-term security. This is a good start for investing in BTC.

Because for me the most important thing in investing in BTC is wallet security to avoid hackers and your choice is correct by using Electrum software because this is the safest wallet for storing BTC in the long term. The next step you need to do is buy BTC in stages using the DCA strategy.