Topic: What can I do to safely use bitcoin - page 2. (Read 225 times)

First of all, keep in mind that the wallet only handles yous coins, the coins will never be "in" your wallet.
This means that anybody who has a copy of your wallet, or a copy of your wallet's seed, or a copy of the private keys of your coins, will be able to spend them.
This may sound scary, but it simply means that you have to be careful with the wallet/seed/backups (yes, please save the seed onto paper and keep it safe).

I use Electrum on my laptop. But if you want to do so, please make sure you download it from https://electrum.org and verify it ( https://bitcoinelectrum.com/how-to-verify-your-electrum-download/ )
If you want to use Electrum on mobile, also go to https://electrum.org and the download page will contain link to google play. You need this kind of precautions because the internet is full of COPIES that may look like the correct wallet, but will just steal your wallet's details and your coins.

If you buy 50$ worth of Bitcoin, then you should know that bitcoin transfers cost money (pretty much lately) and also the exchanges ask pretty big withdrawal fees. So if you buy from an exchange and not your friend, you may want to check the fees and consider keeping the money there until you have more and it worth withdrawing. Also keep in mind that you will need KYC/documents on most exchanges.

If you plan to buy (in time) more bitcoin, you may consider buying a hardware wallet.

I would recommend using Electrum. I've been using it for years and never had any problems with it. Just make sure you download it from the official website electrum.org and verify its signature.
The only advantage of Coinomi is that it supports different cryptocurrencies other than bitcoin. But as it's a closed source app, I would never recommend using it (unless you trust its developers, you should never use it).

Welcome to the forum. Electrum is one of the best desktop wallets that a newbie should use even people that are already long time in bitcoin, still uses this wallet.
In which country you live? You have to use an exchange for you to avail that $50 worth of bitcoin and have it transferred to your wallet. Exchange like Binance.

I have seen the price of bitcoin increasing when I thought bitcoin will not increase so much, I am thinking now it will be better to invest now before it will be too late. A friend of my told be about this forum, that it can be a way to help in a way I can avoid online scammers. What makes me not to invest before is because I am afraid of the internet, I was thinking money that goes into internet may be trapped there forever, but my friends are very happy now because of the price of bitcoin that increased. I now want to buy $50 bitcoin and transfer it to my wallet, one of my friends siad I should use coinomi, the other says electrum, I do not know which one is the best, which one can store my bitcoin in a way I will not lose it.