What is a good wallet I can use to store Bitcoin?

[LSDadventure]

I was introduced to LSD but I am more interested in buying Bitcoin first.

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet. He told me to buy a hardware wallet but I don't have money to buy it.

What wallet to use if not Blockchain wallet?

[1715001078]

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[Cuenta Alternativa]

I was introduced to LSD but I am more interested in buying Bitcoin first.

Do you mean the drug?

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet. He told me to buy a hardware wallet but I don't have money to buy it.

What wallet to use if not Blockchain wallet?

It depends on the quantity. If you are going to have less than say 1,000 dollars or the equivalent you can use a mobile wallet or a custodial, but for larger amounts you should buy a hardware wallet, which is the safest way, but from what you say it doesn't seem to be large amounts.

If you want to store, say 50 dollars, download Mycellium wallet on your mobile or another similar wallet.

[Despairo]

Blockchain wallet was actually known as a centralized exchange, but now they're create their own non custodial wallet and claiming they have no way to access it. The bad thing of this wallet is the source is closed and not many people give good reviews due to their scepticism.

If you don't have money to buy hardware wallet, at least you can use electrum or bluewallet, make sure you verify the signature and write down the seed phrase on paper.

It depends on the quantity. If you are going to have less than say 1,000 dollars or the equivalent you can use a mobile wallet or a custodial

I think you need to bought a hardware wallet at least you hold 500 dollars, hardware wallet is cheap, it's around $50-$100.

[mk4]

Grab a hardware wallet; preferably a Ledger or Trezor. Definitely don't cheap out on security.

- https://bitcointalk.org/index.php?topic=1631151.0
- https://cryptosec.info/wallets

Do you mean the drug?

I actually thought OP was referring to liquid-staking derivatives until I saw his username.

[Cuenta Alternativa]

I think you need to bought a hardware wallet at least you hold 500 dollars, hardware wallet is cheap, it's around $50-$100.

Yes, well, it can be 500, and it depends on the person and their economic capacity, but the general idea I think is clear. For small amounts he can use one mobile wallet or another. For larger amounts, be it 500 or 1,000, a hardware wallet is worthwhile.

Besides, it would be good if he could say what his plan is. Because if he plans to buy 50 dollars but to hold and he plans to keep buying 50 dollars every week, maybe he should use a HW from the beginning.

I actually thought OP was referring to liquid-staking derivatives until I saw his username.

Lol.

[Maus0728]

Based on other members’ suggestions, you might want to choose an open source hardware wallet. Trezor is one of the most popular ones among bitcoin users. You can find a list of open source hardware wallets here: LIST of Open Source Hardware Wallets

If you have a limited budget, you can use a lightweight bitcoin client like Electrum^[1] for desktop or Bluewallet for mobile. Just make sure you verify^[2] the signature of electrum to avoid malicious software.

Another option is to set up an airgapped wallet with two separate devices: one online and one offline. This way, you can create, sign, and broadcast a bitcoin transaction^[3] securely.But this approach is a bit complicated than the previous suggestions from above. Nevertheless, just pick the method that suits you best.

[1] https://electrum.org/#download
[2] https://bitcointalk.org/index.php?topic=5240594.0
[3] https://electrum.readthedocs.io/en/latest/coldstorage.html

I was introduced to LSD but I am more interested in buying Bitcoin first.

LMAO. Definitely, it'll feel like you are going "to the moon"

[UchihaSarada]

Recommended wallets
Learn me a Bitcoin
[General] Bitcoin Wallets - Which, what, why?

Electrum is good if you don't want to buy a hardware wallet. With Electrum, you can use a single signature wallet that is less secured than multi-signature wallet and cold storage.

Creating a multisig wallet
Creating a cold storage wallet in Electrum

[Cantsay]

What wallet to use if not Blockchain wallet?

If you have enough funds and would love to own a hardware wallet then you should go for Ledger or Trezor those two are very good and secure.
But if you don't want hardware wallet then you can download Electrum, it has so many unique functionality and like signing and verifying signed messages and also multisig wallet. And another thing is that it's also available for both system and your mobile phone so you fit have to worry, if you don't own a laptop/computer you can still use the android without experiencing any issue.

[worle1bm]

You have already received the best advice of having hardware wallet to store your funds specially bitcoin but if you can't spend amount on them you can try non custodial wallet like Electrum with your seed phrases safely as if you lost it you will no longer have access to your funds.These are only best options to keep your funds safe with you instead of using any centralised exchange or close source wallets.

[Oshosondy]

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet. He told me to buy a hardware wallet but I don't have money to buy it.

Blockchain wallet is not a good wallet if I should say my opinion too, but the wallet I can tell you also depends on what purpose you are holding for and what amount you want to hold.

If you having low amount for frequent transaction, you can use Electrum.
If you want to hold big amount, either for long or short time, buy hardware wallet. If you can use cold storage it is safest too because the private keys are not online.

Be reading about how you can safe yourself from attacks even if you are using cold wallet, still be careful of malware.

[sunsilk]

While you're still saving for your next hardware wallet either Trezor or a Ledger, here are the desktop wallets that are recommended and known by most.

• Wasabi Wallet
• Electrum
• Bitcoin Core

Those are good wallets but specific only to bitcoin so if by any chance you're looking for a multi wallet, they are only supporting bitcoin. Since you've mentioned Blockchain wallet, avoid most of the online wallets.

[Outhue]

Download Electrum and use it for the time being only, I don't feel too confident with mobile wallets compared to hardware wallets, have it at the back of your mind and save up for a hardware wallet instead,

After you download Electrum wallet on your smartphone make sure you right down the recovery seed in a safe location, I still have mine written on a stainless steel plate I took from the kitchen, I carved the whole words on the plate and put the plate in my wardrobe that has a key lock.

[Charles-Tim]

Download Electrum and use it for the time being only, I don't feel too confident with mobile wallets compared to hardware wallets, have it at the back of your mind and save up for a hardware wallet instead,

Electrum is not just a mobile wallet, even the desktop Electrum existed before the Android version and also far more better than the Android version. You may not know probably because you are using playstore to download and update it.

To know the OS that Electrum support and for download, this is Electrum official site: https://electrum.org/#download

Do you know advanced Electrum users that just want to hold bitcoin will prefer https://electrum.readthedocs.io/en/latest/coldstorage.html than hardware wallet? You can read more about Electrum cold storage, they are one of the safest means of holding bitcoin.

[tbct_mt2]

• Wasabi Wallet
• Electrum
• Bitcoin Core

Both Bitcoin Core and Wasabi wallets are more heavily in storage space than Electrum wallet.

Electrum is my wallet if I don't mind about Coinjoin and privacy with Tor connection that will cause me to use Wasabi wallet or Bitcoin Core wallet. In Electrum wallet, you can use Tor too but it is less private than Wasabi and Bitcoin Core.

With Bitcoin Core, you can choose prune node option to reduce total storage space from the wallet in your disk.

[TravelMug]

I was introduced to LSD but I am more interested in buying Bitcoin first.

Not sure what LSD means and if it comparable to Bitcoin.

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet. He told me to buy a hardware wallet but I don't have money to buy it.

What wallet to use if not Blockchain wallet?

Good wallet to hold your bitcoin is Electrum and or Hardware wallets.

If you used blockchain wallet or a wallet that you don't have control of the private keys, then that is not good.

Here is the official Electrum wallet website: https://electrum.org/#home

[CryptSafe]

Well like it was said here by other posters, that the type of wallet you want to use in storing your assets depends on the volume of assets itself in terms of figure. Electrum is okay,  trezor is okay to deal with bur if your are using other wallets aside, you can use the easiest you can handle so as not to have issues in the nearest future. Do well to save your key phrase where only you can assess at anytime you need to do so. Another thing i would advise you to do is to avoid clicking on links you have no idea about because of lately, hackers have been on the spree sending out random mails to potential victims so they could get details of their wallets to undo them by stealing their assets. Once their victim clicks on the linking, automatically the victim grants them assess to their system which becomes vulnerable to the hackers hence they steal your information. Storing your assets offline is a bit safe.

[Rigon]

I was introduced to LSD but I am more interested in buying Bitcoin first.

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet. He told me to buy a hardware wallet but I don't have money to buy it.

What wallet to use if not Blockchain wallet?

You need a secure wallet to keep your investments safe. And currently the most secure wallet is the hardware wallet. Since you don't have the money to buy a hardware wallet, you have to find a medium. That's why you can use Electrum Wallet. But the wallet seed phrase must be kept very safe. So that no one can hack it somehow.

[Rikafip]

I don't understand why people keep suggesting hardware wallet since OP clearly stated that he can't afford one at the moment moment.

Many of my friends told me to use Blockchain wallet but one of them told me that is not a good wallet.

That one friend is right, blockchain wallet should be avoided. I've used it in the past and it caused me problems several times so in the end I ditched it.
For start, Electrum wallet should be a good choice as its non custodial & open source and there are many guides for it in case you encounter some issues.

[digaran]

Generate a strong key and store for long term, no wallet needed. For small amounts, use electrum and please buy bitcoin instead of drugs.

[Doan9269]

If you're considering money then you may not buy a hardware wallet because of the cost but it will be very advisible if you're holding a huge amount of bitcoin to ensurr you get one, also you can get for yourself an electrum wallet which you can have your keys secured in a safety place, it's free and you can download it from their official website, it's a cold storage wallet and make sure you don't use a centralized exchange.