Which personal wallet is recommended? I'm going to make my first investment in Bitcoin using Kraken. Which personal wallet should I use to move it after buying? Am I doing the right thing? Need money next year for some unexpected expenses so looking for honest advice.
Will you be doing anything with the btc? If it'll just be sitting there, you can generate a private seed and then get an xpub/zpub from which you can generate addresses that you can move funds to from the exchange. Store the private key in a safety deposit box. You can plug the pubkey into a wallet like BlueWallet to see your funds and get alerts without the risk of them being spent
If you'll be using it day to day or sending transactions often enough you can just get a mobile online wallet like, BlueWallet, Samurai, or Electrum. I like Electrum but it's a bit ugly
Ledger. Hardware wallet anyday over software wallet.