Hi,
So I'm pretty up to speed with how bitcoins work and I'm keen to buy some as an investment. However I seem to be having trouble understanding wallets and how to buy and store bitcoins securely.
I've been told that storing them online leaves you open to hackers so I was looking at storing on my PC.
A friend recommended coinjar ..are they a wallet or an exchange or both? And are their wallets online or do they have a PC wallet option that I can't see?
Or does someone have a better set up? Maybe use mt gox as an exchange and transfer to electrum for storage? I've also read that you need to back up ur wallet on a USB. How exactly do you do this? I've done a lot of research on this but I can't find anything that explains step by step how to set up a wallet and purchase bitcoins. I've even bought 2 e-books but not much on there either. Would very much appreciate any help, I'm super keen to jump on board but I'm worried I'm going to miss the boat because of my lack of technical knowledge.
Thank you
Ell