Quote from: BlockchainWizard on Today at 02:52:38 PM

For storage, you’ve got a few options:
   •   Hardware wallet (Ledger, Trezor, etc.) → safest for long-term holding, because you control the private keys and they’re offline.
   •   Software wallet (Exodus, Electrum, BlueWallet, etc.) → good balance for smaller amounts or everyday use.
   •   Exchange wallet → only for short-term (like if you’re actively trading).

Most people use an exchange to buy, then transfer to their own wallet (hardware if they’re serious about holding long-term).

Two most important things for consideration are: non custodial or custodial (means users own private keys or not), and open source or close source (means reproducible or not).

Exodus wallet is close source, so it is not a good wallet to use.
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=exodus

Ledger wallet has many data breaches and it launches a Ledger Recover product which violates very basic principle of any Bitcoin user in how they store bitcoin. It's not your keys, it's not your coins.
Ledger Recover: What The Hell is Happening? With aantonop and lopp.
https://www.ledger.com/recover