Hey all, what is the most recommended wallet for bitcoin? I've heard it's not good to store your bitcoin in online wallets as you risk losing what you store there.
I've also seen the main bitcoin wallet, but it seems like it takes a while to download everything before you can use it? But is it the safest?
Are there others that would be just as good?
Sorry for such a basic question, and if this isn't in the right forum section. I have a lot to learn yet. Lol
I'm not too clued up with all of the wallets out there and their features, but I am a user of blockchain.info and I'm very please with what it has to offer. Despite its security, the number one security feature is always yourself and any other person that interacts with your machine.
Although I haven't done this yet, cold storage is a good option for longer term holdings. The security of this is that you aren't accessing your wallet every day. You can still check up on the balance via the blockchain too. Of course, the security comes into play in how you produce this wallet, and how you interact with it when you choose to spend coins.