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

[LSDadventure]

Do you mean the drug?

No drug. I didn't imply about drug and my friend didn't invite me to use drug.

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

I actually were introduced about Liquid-Staking derivatives (LSD) but I were doubtful about future of these tokens and think I will get a safer investment with Bitcoin.
I will use Electrum wallet before having money to buy hardware wallet. Thank you everyone for your help.

[alik111]

There are many Bitcoin wallets available where you can easily store your BTC like Electrum Wallet and Trust Wallet. They are very safe wallet. You can use them undoubtedly. I think you can invest in Bitcoin by not buying a tezor wallet.

[pgbit]

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?

There are various wallet options to choose from, including desktop, mobile, and web wallets. While Blockchain is popular, it's important to research and compare before making a decision. Examples of alternative wallets include Electrum, Exodus, Mycelium, Bread, Coinbase, and Binance. Whichever you choose, always take necessary security measures like enabling two-factor authentication and keeping private keys secure. While hardware wallets offer the highest level of security, they're not mandatory, and you can upgrade in the future when you have funds available.

[mailsats]

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?

If you don't want to spend money on a hardware wallet, I would recommend you download either Electrum or Sparrow ( verify the downloads )

make sure after creating a wallet, back up your seed words on a piece of metal

( I discovered the other day I had a couple dollars on my old Blockchain hot wallet, lol those were the days )

also, I am a big supporter of using the passphrase, as long as it is something you know you will never forget.

[Inwestour]

There are various wallet options to choose from, including desktop, mobile, and web wallets. While Blockchain is popular, it's important to research and compare before making a decision. Examples of alternative wallets include Electrum, Exodus, Mycelium, Bread, Coinbase, and Binance. Whichever you choose, always take necessary security measures like enabling two-factor authentication and keeping private keys secure. While hardware wallets offer the highest level of security, they're not mandatory, and you can upgrade in the future when you have funds available.

Why advise binance, do you mean that storing bitcoins on the exchange is a normal advice? Or the same Electrum, if it is installed on your work computer, a rather risky option.

Don't skimp when it comes to the security of your investment. Spend 70-100 dollars once and buy a hardware wallet and be calm. I am surprised when people keep thousands of dollars on exchanges, or on some dubious wallets, being stingy to spend relatively little, but when they lose everything, only then they buy a hardware wallet.

Never skimp on safety, these are too expensive lessons to learn on your own.

[redsun114]

Electrum maybe? That way you would know that you have your wallet with you all the time, and it would be protecting you as much as possible. Ledger is obviously the best choice, there is also trezor as well which is another hardware wallet, and there is metamask which is basically not for bitcoin but definitely for great tokens that you could use or even coins.

That is why I highly suggest metamask more than others, bitcoin can be saved in a million ways, but for coins and tokens using metamask is by far the best one. It doesn't even have your money, it is not a wallet, it is just allows you to use your money with better GUI that's it.

[Smack That Ace]

There are various wallet options to choose from, including desktop, mobile, and web wallets. While Blockchain is popular, it's important to research and compare before making a decision. Examples of alternative wallets include Electrum, Exodus, Mycelium, Bread, Coinbase, and Binance. Whichever you choose, always take necessary security measures like enabling two-factor authentication and keeping private keys secure. While hardware wallets offer the highest level of security, they're not mandatory, and you can upgrade in the future when you have funds available.

Why advise binance, do you mean that storing bitcoins on the exchange is a normal advice? Or the same Electrum, if it is installed on your work computer, a rather risky option.

Don't skimp when it comes to the security of your investment. Spend 70-100 dollars once and buy a hardware wallet and be calm. I am surprised when people keep thousands of dollars on exchanges, or on some dubious wallets, being stingy to spend relatively little, but when they lose everything, only then they buy a hardware wallet.

Never skimp on safety, these are too expensive lessons to learn on your own.

Hardware wallets are the perfect choice for storing bitcoins, but so far there are some countries that cannot buy hardware wallets because those countries ban everything about cryptocurrencies, so buying hardware wallets is extremely difficult.

$100 is not much if we use it in exchange for our safety, but sometimes we can't even buy it with money. Apart from hardware wallets, I think there are also some ways to protect bitcoins, I have a friend who can't buy hardware wallets, so he used an Electrum wallet with an old computer. That computer is only for performing a single task of storing bitcoins and is not connected to the internet. I think that's also a safe solution.

[raidarksword]

There are many apps you can try to store your first bitcoin and it's free as always. Just keep safe your pass phrase so that you can recover it anytime if anything happen to your phone. If you have much bigger budget just get a hardware wallet which is far better, safer and superior from non-custodial wallet apps.

[coolcoinz]

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

I actually were introduced about Liquid-Staking derivatives (LSD) but I were doubtful about future of these tokens and think I will get a safer investment with Bitcoin.
I will use Electrum wallet before having money to buy hardware wallet. Thank you everyone for your help.
[/quote]

Maybe it's liquid-staking derivative adventure

Haha so it is liquid-staking derivatives adventure
I don't know if you're aware, but when a "user" goes on adventure, he means tripping. If that wasn't intentional, your name would fit great on r/drugs.
Anyway, use Electrum. Had it for many years with no issues. I rarely even update it because I don't have time to verify the files, so I do updates maybe once a year and everything works fine. Not that you should do it like that, but it's an easy to use wallet, practically idiot proof, easy to recover and all that. If you don't want to buy a hardware wallet that's your best choice.

[BTCBroker2016]

I'm using Ownr wallet for two years, have no problem with it

[borovichok]

There are many apps you can try to store your first bitcoin and it's free as always. Just keep safe your pass phrase so that you can recover it anytime if anything happen to your phone. If you have much bigger budget just get a hardware wallet which is far better, safer and superior from non-custodial wallet apps.

There is more time to search for the ideal bitcoin wallet to utilize. Although Trust wallets are considered soft wallets and are only accurate and useful for bitcoin transactions, they are safe for storing Bitcoin. The security mechanism that keeps scammers out of soft wallets is a set of 12 secret key words, yet they still get in through phishing emails. Other than soft wallets, storing bitcoin in hard wallets is safer. Although there was a certain time this phase took place, Bitcoin made both pump and dump moves in the market.

[beerlover]

There are many apps you can try to store your first bitcoin and it's free as always. Just keep safe your pass phrase so that you can recover it anytime if anything happen to your phone. If you have much bigger budget just get a hardware wallet which is far better, safer and superior from non-custodial wallet apps.

There is more time to search for the ideal bitcoin wallet to utilize. Although Trust wallets are considered soft wallets and are only accurate and useful for bitcoin transactions, they are safe for storing Bitcoin. The security mechanism that keeps scammers out of soft wallets is a set of 12 secret key words, yet they still get in through phishing emails. Other than soft wallets, storing bitcoin in hard wallets is safer. Although there was a certain time this phase took place, Bitcoin made both pump and dump moves in the market.

I would guess that anything where people could open up your computer and steal your money is more than enough to be considered a safety risk. I think it would be a lot better if you could end up with something much more safe, such as hard wallets like trezor or ledger because they are a lot more better.

Someone could have your phone, your wallet, your computer and they would still not be able to hack into it and steal your money. That type of thing triumphs over everything else. This is of course for people who want extra security, like if you want to make sure it's safe and have a lot of money. I personally don't have enough to worry this much.

[bitzizzix]

There are many apps you can try to store your first bitcoin and it's free as always. Just keep safe your pass phrase so that you can recover it anytime if anything happen to your phone. If you have much bigger budget just get a hardware wallet which is far better, safer and superior from non-custodial wallet apps.

There is more time to search for the ideal bitcoin wallet to utilize. Although Trust wallets are considered soft wallets and are only accurate and useful for bitcoin transactions, they are safe for storing Bitcoin. The security mechanism that keeps scammers out of soft wallets is a set of 12 secret key words, yet they still get in through phishing emails. Other than soft wallets, storing bitcoin in hard wallets is safer. Although there was a certain time this phase took place, Bitcoin made both pump and dump moves in the market.

I would guess that anything where people could open up your computer and steal your money is more than enough to be considered a safety risk. I think it would be a lot better if you could end up with something much more safe, such as hard wallets like trezor or ledger because they are a lot more better.

Someone could have your phone, your wallet, your computer and they would still not be able to hack into it and steal your money. That type of thing triumphs over everything else. This is of course for people who want extra security, like if you want to make sure it's safe and have a lot of money. I personally don't have enough to worry this much.

Actually it all depends on your needs, but what bitcoin wallet is the safest as long as the wallet is offline and which is still very reliable like a hardware wallet in my opinion is the Trezor Nano Ledger.
and in my opinion any wallet that is connected to the internet can still be hacked and this is what you have to watch out for so that unwanted things don't happen, especially large ones.
and also according to experts offline storage wallet is the best choice in terms of protection. To stay safe from hackers, viruses and malware, you can opt for a hardware wallet.
and there is also a bitcoin paper wallet. However, there is always a risk of theft, loss or physical damage.

[Asuspawer09]

Electrum maybe? That way you would know that you have your wallet with you all the time, and it would be protecting you as much as possible. Ledger is obviously the best choice, there is also trezor as well which is another hardware wallet, and there is metamask which is basically not for bitcoin but definitely for great tokens that you could use or even coins.

That is why I highly suggest metamask more than others, bitcoin can be saved in a million ways, but for coins and tokens using metamask is by far the best one. It doesn't even have your money, it is not a wallet, it is just allows you to use your money with better GUI that's it.

Totally agree, if you want a great bitcoin wallet online just used Electrum since it is just so easy to use and set up compared to other wallets and way secured instead of using exchanges or custodial wallets. Been using Electrum wallet for years starting in 2017 didn't really encounter any problems, the only thing is you just need to update the wallet every time it got an update since it didn't update automatically, but it's a good thing since the application was actually getting better over time in my experience.

Metamask overall was a great wallet in my opinion, especially for holding a lot of cryptocurrency and trading NFTs, etc. but you just need to be careful and be aware of things that you do in the wallet since there are way too many scammers and hackers trying to infiltrate your account in many different ways, and there are many people getting hacks in the past.

[Maxre]

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?

I also think that you can go with the Binance or trust wallet and these wallets are good because they have lower feed and also a very high trust in the market and as we all know that Trust is a main key factor in the Cryptocurrency industry too.

[savetheFORUM]

I'm using Ownr wallet for two years, have no problem with it

This is the first time I'm hearing about that wallet, and as a guess, I believe it's a web or mobile wallet, right? How much are your Bitcoins worth that you are storing in there? I would suggest you switch your wallet immediately. Use something like Electrum, which would at least allow you to have your private keys with you, and it is open-source and much more secure than these web wallets.

Even if it's a small amount, Electrum is your best bet. You can download the mobile application and use that to store your Bitcoins. Keep your seed phrase somewhere very safe and you should be okay. If your Bitcoins are worth much, you should consider buying a hardware wallet.

[Kryptowerk]

Do you mean the drug?

No drug. I didn't imply about drug and my friend didn't invite me to use drug.

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

I actually were introduced about Liquid-Staking derivatives (LSD) but I were doubtful about future of these tokens and think I will get a safer investment with Bitcoin.
I will use Electrum wallet before having money to buy hardware wallet. Thank you everyone for your help.

A good choice I think, Electrum has been a very established open-source light wallet (meaning no full blockchain data needs to be downloaded) for many many years now.
However, make sure whenever you are prompted to update the software to check the hashes of the installation files with the ones from their official website. I remember there was an incident some years ago, where malicious software was spread via an update-prompt.

[Obari]

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?

I only recommend using a hardware wallet if the amount of con is relatively very high and the purpose of holding is for a long time,then it will be saver to use a hardware wallet but since you don't have the money to buy one, I think using a software wallet will be the best option for you but please make sure to use the decentralized ones such as TRUST WALLET and any other one you can think of  but please avoid using the centralized wallets as it isn't safe and anything can definitely happen at anytime as the case with FTX was an evidence to the uncertainty with centralized exchanges and always remember to keep your seed phrase or private key very safe and private as not your key, not your coins.

[2girls]

If you don't have money to buy a hardware wallet, there are a few alternatives you can consider. You can use a software wallet like Exodus, Electrum,  which are free and secure. You can also use an online wallet such as Coinbase, TrustWallet or Blockchain.info, But keep in mind these types of wallets are less secure than a hardware wallet.

[serveria.com]

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 don't need a hardware wallet IMO. Just grab any reputable software wallet like Electrum. If you're on Android, there's an Android version as well. In fact, for small amounts you can just use any exchange/custodial wallet.