Have read several interesting articles on the internet regarding wallets for storing Bitcoin, they mentioned that there are several types of Bitcoin storage, they're hot & cold wallets. Now I only use Trustwallet to store Bitcoin I have. Am I in the right type of wallet to store my Bitcoin?
Honestly, after reading the article I was confused af, need some good input & insight from experts here.
There are many types of wallets available but not all of them have a much better level of security. I have long switched from Trustwallet because there is no much better level of security and instead now I am using Electrum. To make the clamp right or not it must be a consideration and maybe not Trustwallet is the safest wallet to store the bitcoin assets we have. If you want to store bitcoin in the long term then you should learn other wallets because it will be very detrimental when the assets you have are lost.
But if asked to me then you should use the electrum wallet because this wallet is much better than Trustwallet. About the advantages and disadvantages, maybe you can search for the Electrum discussion topic because the forum has discussed this.