Completely new to Bitcoin just downloaded Electrum, help set it up properly plz.

[Pmalek]

There are no guarantees when a transaction will be confirmed. All you can do is use a recommended fee based on the current state of the mempool and the amount other users are paying currently.

Using this site https://coinb.in/#fees is a good way to determine what fees to use if you want your transaction to confirm in the next couple of blocks.
But again it is not a guarantee. 62 sat/byte were suggested just a min ago and now while writing this post it went up to 71 Sat/Byte. in 30 minutes it can be 100 Sat/Byte or it can go down to 15 sat/byte. But the recommended fee is usually enough to get a fast confirmation.

What you can also do is go into the settings of Electrum and tick the RBF option. Replace By Fee.
If you set a 40 sat/byte fee and your transaction doesn't get confirmed when you want it to you can edit the fee and put 60 sat/byte if you want.

[1715008839]

1715008839

[Lucius]

The point is I was never asking about the prices of Ledger Nano S I just simply mentioned it so I do feel personally attacked in a very hostile way by that user which I have now set to "ignored"

You can Ignore me to the end of life, this is your choice. Your behavior is actually very irrational and you act like that this forum exists only for you and your needs. The fact that you are completely new to bitcoin, does not make you any special - we help hundreds or thousands beginners on this forum, but most were grateful for the help.

To all who want to help this beginner just one advice, instead thank you, you will probably get Ignore.

[HCP]

How do I go learn about Cold-Storage since I don't know what you mean craft a U.S.B. like what U.S.B. cord or hard-drive or the countless other things it could mean. But as I said I haven't even eaten dinner yet because I now have to use my Seed Key which means?

You could try google... "what is bitcoin cold storage?". The very first result links to the Bitcoin Wiki article about it and the links at the bottom of that page should help out.

I got to go and do what exactly in the Wallet?

For cold storage? You don't have to do anything very specific in Electrum. The important part is having the standalone, completely offline computer. Once you have setup and configured the computer, it absolutely must never be connected to any network... ever.

The details of Electrum Cold Storage setup can be found here: http://docs.electrum.org/en/latest/coldstorage.html

Basically, create a wallet on the offline computer, then export the master public key which you then use to create the "watching only" wallet on your online device (be it a phone or computer).

How does it get a QR Code if it is offline?

Using QR codes is one method. This can be implemented using either webcams or digital cameras.

Another method is using a USB stick to create an unsigned transaction on your online device in the watching-only wallet, transfer to offline device, check that the details match, sign it... then transfer the signed transaction back to the online device for broadcasting to the network.

This generalised workflow (create unsigned trans using "online" wallet -> transfer to "offline" -> sign trans -> transfer signed trans to "online" -> broadcast to network) is essentially identical to the workflow that a hardware wallet uses, but without requiring the manual transfer of unsigned and signed transactions files using QRCode/USB sticks etc.

[Thomas29]

 By the time I got to Posting this Thread I began getting very sleepy so I hope that it makes sense enough and not to many typos were made as I couldn't edit them out but I will re-read this all tomorrow and edit it out unless I get an answer that is then I will just leave it but that is all Sincerely from Thomas29.

  Yeah it seems like a hassle considering now that I know how much the current Cost of a Ledger Nano S is and the fact I am using Bitcoin probably often enough to use one I will be Buying one. I assume I don't need to use it with an Electrum Wallet and that I can Store like someone said the Ledger Nano X I assume they were trying to explain to Me that it will allow more Storage for Bitcoin but it is also made of "Glass" that can break or some.


  Point is though right now I tried using my Seed Code and Reinstalling Electrum Wallet to remove the BC1 Receive Address since I got Bitcoin stuck inside my Electrum Wallet I can't get it into another Wallet which will help Me out a lot.


  I have been told I need to Set my Wallet to the "Legacy" which is the New "Standard" Option for Electrum Wallets since the BC1 starting Receiving Address Codes or (Numbers and Letters whatever you want to Call it technically) but I went to Restore my Wallet which I went to "New/Restore" and it did not work maybe I did it wrong should I be making a New Thread? I read somewhere I should chose BIP39 Seed Option and that would work, except Electrum gave Me some kind of Warning I couldn't copy and Paste and remember it as I am so tired my eyes are heavy and burning right now but it says some like it says something that worries Me which is that "We do not generate BIP39 Seeds because they do not meet our safety standard. BIP39 Seeds do not include a Version Number, Which compromises compatibility with future Software. That is all I could manage to read and type in my exhausted state as I Edit this Post Hours after originally I began to type it for the reason I needed to Added New Information in it like this.


  Thank You to everyone that has replied to Me about Electrum Wallets and not about Hardware Wallets and all the reasons I should get one but please understand Hardware Wallets is not the question/subject or information I am seeking out about to find and I am very aware of that they are the most superior and Safest type of Bitcoin Wallet which if enough said in my opinion when it comes to this specific Thread that I have made right here. I didn't mean to offend anyone sorry to anyone that I have again I appreciate the help it's just been a frustrating time consuming time on top of current problems in my life again I apologize for offending anyone it was not at all my intentions to do so I guess I am just hated in Life and everywhere including Internet Forums and maybe I deserve to be hated by everyone I don't anymore.

  OH! Thank You for answering the question in my Thread about ELECTRUM WALLETS and not HARDWARE U.S.B. Wallets that Lucius had went on to Post about it instead of just simply leaving it alone which if he did it wouldn't feel so personal which it now does. When I un-ignored him since I planning to say "Thank you for letting Me know the current value of a Ledger Nano S and X but that is truly an entirely moot point not trying t be offensive." yet I began to read. What I was hoping to be a message explaining the misunderstanding and how someone else pointed out "he may of been just frustrated because you can google the price of a Ledger Nano S and Ledger Nano X" which HAS NOTHING TO DO WITH THIS THREAD! IT WAS NOT QUESTION I WAS ASKING EVER... that being said I am grateful for everyone who is trying to help me and not Posting trying to deliberately get others to "Not help me" since I am not speaking like it's a Christmas Card Seasons Greetings Lucius is mad at Me?


  To say I am CONFUSED by Lucius's actions is an understatement, I am not making this Post about him and only want to get help from the polite and experienced users.