What is the best wallet for beginner?

[hd49728]

Because BTC is very expensive to get

I disagree, everything you use your money to buy is expensive. In my view, $100 spent for purchasing bitcoin is equal to $100 spent for buying Ethereum or any shit altcoins or tokens even meme tokens. That $100 does not become bigger just because you buy bitcoin rather than buying ETH or any shitcoin.

you need to use good wallet to hodl your BTC to have rest of mind whenever you are hodling BTC for long years.

With anything you buy with own hard earned money, you must use a good wallet for storage safely.

How about good wallets?
They must be non-custodial, and open source.

You can check any wallet like they're open source or not with https://walletscrutiny.com/ that has reviews on other features of a wallet too.

Best Bitcoin wallets.
Recommended Bitcoin wallets.
Choose a Bitcoin wallet with filters.

[OsaiEmma]

Hello everyone.. I'm new here and I've been observing for a while now. I'm not new to crypto, but I've never own any Bitcoin. So I'm really curious on what wallet to use.
I've seen a lot of posts concerning hardware wallet because of how secure they are but truthfully it's quite expensive comparing with where I come from, nevertheless it is still part of my choice list. There are also mobile wallets and software wallets to consider.
  When I first got into crypto, I used trust wallet to store my coins, Ethereum especially. But now it seems like the Trust in their name is long gone. That is why I am asking from the members of this forum, which wallet will you recommend for for a beginner just starting in Bitcoin. If possible a wallet that is not an exchange that can also store other cryptocurrencies..
Thank you all.

For real, Trustwallet isn't as reliable as it should be, but then again, it all boils down to how security conscious you are. If you are lax in the security of your wallet, of course, hackers will get in. No matter the wallet you choose, including hardware wallets, you need to be very security conscious, don't completely depend on the wallet to provide all the security for you. Not because you're using a hardware wallet, you'll just not care about security anymore.

With that being said, I've seen that a lot of recommendations have been given, do ur due diligence, and do your own research (DYOR) on the one which will be more suitable to you.

[notocactus]

For real, Trustwallet isn't as reliable as it should be, but then again, it all boils down to how security conscious you are. If you are lax in the security of your wallet, of course, hackers will get in.

Security has many contributors like the wallet itself and the user with his practice on device with a wallet. Users themselves can be very careful with their practice from security of devices, wallets (strong passwords), and with habits on Internet too but all these things will become non sense, not helpful for securing their funds if the wallet software is bad.

Especially if the wallet software has backdoors to steal user funds, what users do in security with their devices and wallets won't be enough to keep their funds safely. As wallet developers can use their backdoors in the wallet softwares for stealing and sweeping user funds anytime.

No matter the wallet you choose, including hardware wallets, you need to be very security conscious, don't completely depend on the wallet to provide all the security for you. Not because you're using a hardware wallet, you'll just not care about security anymore.

Two main criteria for choosing a wallet to use

• Non custodial: for having mnemonic seed, private key at the time of creating a wallet (should do the wallet creation offline).
• Open source: for verifying from source code that there is no backdoors.

[Somegory]

Hello everyone.. I'm new here and I've been observing for a while now. I'm not new to crypto, but I've never own any Bitcoin. So I'm really curious on what wallet to use.
I've seen a lot of posts concerning hardware wallet because of how secure they are but truthfully it's quite expensive comparing with where I come from, nevertheless it is still part of my choice list. There are also mobile wallets and software wallets to consider.
  When I first got into crypto, I used trust wallet to store my coins, Ethereum especially. But now it seems like the Trust in their name is long gone. That is why I am asking from the members of this forum, which wallet will you recommend for for a beginner just starting in Bitcoin. If possible a wallet that is not an exchange that can also store other cryptocurrencies..
Thank you all.

For real, Trustwallet isn't as reliable as it should be, but then again, it all boils down to how security conscious you are. If you are lax in the security of your wallet, of course, hackers will get in. No matter the wallet you choose, including hardware wallets, you need to be very security conscious, don't completely depend on the wallet to provide all the security for you. Not because you're using a hardware wallet, you'll just not care about security anymore.

With that being said, I've seen that a lot of recommendations have been given, do ur due diligence, and do your own research (DYOR) on the one which will be more suitable to you.

Why are some people saying that trust wallet is a open source wallet? It's actually not completely open source, I don't get why people are misleading beginners.

Trust wallet itself on the other hand are also misleading beginners by making cloud backup available, beginners are known for going the easiest route with everything, I bet some are using cloud backup as we speak.

If anyone should understand crypto wallet security very well it should be crypto wallet companies, it is a shame that they are providing such way to keep recovery seed.

[SquirrelJulietGarden]

Why are some people saying that trust wallet is a open source wallet? It's actually not completely open source, I don't get why people are misleading beginners.

Trust wallet is close source, not open source.
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=Trust
https://www.cryptowisser.com/wallet/trust-wallet/

Trust wallet itself on the other hand are also misleading beginners by making cloud backup available, beginners are known for going the easiest route with everything, I bet some are using cloud backup as we speak.

If anyone should understand crypto wallet security very well it should be crypto wallet companies, it is a shame that they are providing such way to keep recovery seed.

I don't know that Trust wallet provides cloud backup for its users as I don't use that wallet but if they actually provides and suggests that backup method for users, it's a terrible one.

Terrible Backup Schemes
Let's begin by going through some common forms of backing up seed phrases that are incontrovertibly prone to failure.

Storing your (unencrypted) seed phrase in any online service. This includes:

Taking a photo of your seed phrase.
Any note taking apps that get synced to the cloud.
Services that sync files from your phone / laptop to the cloud.
Basically, any online account that could potentially be compromised by an attacker and have its contents read by them. This includes employees who work for that company / service!