How safe is a custodial wallet to a hardware wallet

[Rikafip]

Still hardware wallets are a good invention since they make it more easy to store your bitcoins.

Point of owning a hardware wallets is not to make it more easy to store bitcoins (after all software wallets are more convenient for everyday use) but rather to make your bitcoin more secure. Advantage of hardware wallets is that private keys never leave the device so even if you download malware on your PC, attacker still won't be able to steal your bitcoins while same can't be said about software wallets.

[Solosanz]

Custodial wallet is like a bank where you need to follow all of their terms of service including with the change which they will not let you know, vulnerable against hack, charge some hidden fee e.g. during withdrawal or inactivity, ask any form of personal information until they satisfied, and will not able to refund your money if something bad happen in their exchange.

While hardware wallet is non custodial wallet which never connected via internet, you're the one who can access the wallet except you share your seeds or private key to someone.

[wxa7115]

I recently purchased some Bitcoins butAccording to most posts and replies on this forum it seem the best way to hodl Bitcoin is to use a hardware wallet as long as you can keep it safe.
Well is the hard ware wallet better than a custodial wallet??

This is a clear mistake, you decided to buy bitcoin before you were even sure about how you were going to store it, but since the mistake is made already then you need to solve this as soon as possible.

Custodial wallets are by far the worst as you are relying on someone else to store your coins and be nice enough to give them back to you, if you are going to do this you might as well keep your fiat and store it at the bank, as this still be a safer approach compared to custodial wallets, so if we are realistic you only have two options, if you have a decent knowledge about computers you could use a software wallet, or if you do not feel confident on those skills then you could buy a hardware wallet and store your bitcoin in this way.

[BD Crypto]

A hardware wallet is far better than a custodial wallet. If you bought a huge amount of Bitcoin then you should never use any custodial wallet because in crypto we know that " Not your keys, Not your Coins". You can choose any non custodial wallet like Electrum which is better than any custodial wallet in terms of security.

[worldofcoins]

I recently purchased some Bitcoins butAccording to most posts and replies on this forum it seem the best way to hodl Bitcoin is to use a hardware wallet as long as you can keep it safe.
Well is the hard ware wallet better than a custodial wallet??

The decision to use a hardware or custodial wallet depends on your preferences and investment goals. For example, a hardware wallet is generally considered the most secure option if you plan to hold a large amount of Bitcoin or other cryptocurrencies for the long term. However, a custodial wallet may be more suitable if you plan to trade frequently or need easy access to your funds.

[S A KHAIR]

You don't need to buy a hardware wallet, you can use a non-custodial wallet, and this wallet is also secure enough for your bitcoins. What matters is how you use it, not just the hardware wallet that automatically gives you absolute security. I've been using Electrum for years and I haven't had any problems with it.