In my opinion, it is easier and faster to check the balance with something like Blockchain explorer as already suggested by Welsh...
It is if you are talking about a wallet where you have only generated and given out a few receiving addresses. But imagine if it happened on a wallet created 7-8 years ago with several hundreds of used Bitcoin addresses! The thing with this kind of display bug is that it doesn't necessarily have to show you the transaction in your history (because there was none). You just notice that your balance went up/down, but if you check your transaction history, there might not be anything there. Checking one or two addresses on a blockchain explorer is simple, checking 200 - not so much.
Right, in this case it might not be easy to check 200 addresses.
by copy-pasting Bitcoin address than downloading Electrum wallet and checking the signature of it for authenticity and then importing seed-phrase.
When you connect your Electrum and Ledger, you don't import any seed phrases. There is an option in Electrum when you create a new standard wallet called "
use a hardware device". Just connect the Nano, open its Bitcoin app, and follow the on-screen instructions on Electrum.
So I was wrong. This is the advantage of the forum that others can immediately correct.
In such nervous situations, I would recommend checking the contents of your address on other wallets very carefully. For example, a user could ignore Electrum signature authentication or otherwise compromise their wallet, which would be a really unfortunate event. Is it possible to make a fatal mistake here?
Still, in my opinion, ordinary users need to take these actions carefully and slowly, and if they use Ledger Live, then this is exactly the case.
If an user uses Ledger Live, then the probability that he has Electrum wallet preinstalled is very low.
Electrum is a much more user-friendly wallet than Ledger Live. Especially for things like coin control, selecting fees, freezing certain inputs, etc. Whoever has tried it will see its benefits compared to Ledger Live.
By the way, now all Ledger Live users after this topic will know that when the balance changes, the magic “clear cache” button will help.