Post
Topic
Board Beginners & Help
Re: I was holding on to Ledger and I got robbed
by
albon
on 13/05/2024, 20:18:51 UTC
Which secure BTC Wallet do you recommend for me to hold?

I heard about 25th words of 100 characters and multi sign.

I thought about Tails live USB which has electrum in wallet.
The Tails distribution on USB is considered the same idea as creating a hardware wallet but at a lower cost. Frankly, I think using a hardware wallet will be faster and more efficient in terms of usage. But the decision is up to you in the end. The Electrum wallet is among the best and most famous open-source Bitcoin wallets. Still, the risk of draining or theft of funds may occur in any wallet, whether cold or hot. This may be due to your negligence in securing the backup phrase for your wallet, or the PIN code, or any of the other additional security methods, or not activating two-factor authentication, and your negligence in protecting and fortifying your device from trojans and viruses or connecting your hardware wallet through WalletConnect to any unknown or untrusted DApp are also potential risks.

Therefore, I agree that before using any wallet, you need to know and understand security and protection measures first so that you can hodl your assets in the wallet safely away from scammers. Also, you've gained experience from the previous painful lesson, and I hope that you'll be able to protect your assets, wallets, and devices safely in the future.