What is Bitcoin?
"Bitcoin [BTC] is a decentralized digital currency based on an open-source, peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009." --Wikipedia
Visit WeUseCoins.com for more information!
Bitcoin wallets come in a variety of different flavors. I'll try to cover the basics here.
Hardware wallets are the gold standard of bitcoin storage. Key generation, storage, and transaction signatures are done in a secure hardware environment. Information is then transfered off the device and broadcast providing a secure airgap so your private information is never exposed.
The original Bitcoin Hardware Wallet. Rock solid Bitcoin wallet with alt coin support.Shop TREZOR
Ledger Nano S
The original Bitcoin Hardware Wallet. Rock solid Bitcoin wallet with alt coin support.Shop Ledger
Software wallets are wallets that run on devices that you control, whether it be your laptop, smart-phone, or tablet device. Software wallets generally offer more security than cloud or web wallets, although each has it's own use.
The original bitcoin client, developed and maintained by the Bitcoin Foundation. Requires you to download the whole blockchain which can take many hours during the initial download. I recommend this wallet.Bitcoin-QT Download Page
Lightweight bitcoin wallet, very easy to use and does not require you to download the blockchain for use.Electrum Homepage
Simple and easy to use mobile wallet, available on Android.Bitcoin Wallet Download (Play Store)
Another simple and easy mobile bitcoin wallet, Android only.
Android app used in conjuntion with Blockchain.info, Android app as well as iPhone access.
Our Backup Solutions come in two flavors, Paper wallets sometimes referred to as cold storage, and CryptoSteel Mnenomic Recovery Solutions which are widely considered the safest way to keep bitcoins. So long as you take the proper precautions to ensure the security of your paper wallet, these are an ideal situation for long term storage.
Paper wallets can be generate using a number of wallet services. I recommend you do research on the topic if you want to persue this option. I can always help you with questions.
Bitcoin Paper Wallet
Generates and allows you to print off a paper wallet. Instructions on how to redeem your paper wallet can be found here.