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21  Other / Beginners & Help / Re: [General] Bitcoin Wallets - Which, what, why? on: April 23, 2021, 08:13:59 PM
Hey,

I was wondering, does anyone have any experience with the "bitcoin.com" wallet on Android? I've not seen it mentioned in this thread, so I was wondering if I should switch to a different wallet.

My wife and I bought our first BTC just over a week ago; our hope is to use BTC to help us save for a house and retirement (if that helps with any recommendations)

Thanks :-)

You shouldn't use that wallet, nor any other service provided by bitcoin.com.

Since you bought a whole bitcoin (which is currently worth ~48k$) and you're planning to save it for the long term, it would be a good idea to invest a bit more and buy a hardware wallet like Trezor or Ledger. It doesn't cost that much, and you'll sleep better at night knowing that your funds are totally safe.

Hey,

I should clarify, we didn't buy a whole bitcoin, we've only dipped our toes in so far, so to speak. We actually bought some satoshis last Thursday, just before the price dropped, so we're gonna hang on to those. If the price goes much lower then I'm thinking we should buy up more.

So should we transfer our satoshis from bitcoin.com into a different software wallet and look into getting a hardware wallet for when we do invest more? Do we have to pay fees to transfer from one wallet to another?
22  Other / Beginners & Help / Re: [General] Bitcoin Wallets - Which, what, why? on: April 23, 2021, 07:45:22 AM
Hey,

I was wondering, does anyone have any experience with the "bitcoin.com" wallet on Android? I've not seen it mentioned in this thread, so I was wondering if I should switch to a different wallet.

My wife and I bought our first BTC just over a week ago; our hope is to use BTC to help us save for a house and retirement (if that helps with any recommendations)

Thanks :-)
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