news 
Title: You Lose Access to Your Wallet.
You lose access to your wallet. Follow these steps:
1.
Select “Segwit” as the address type for lower transaction fees and faster transactions.
2.
Write down the 12-word seed phrase on paper and store it in a secure location.
You will be asked to enter the seed phrase again to confirm it.
Important: Never share your seed phrase with anyone. This is the only way to recover your funds if you lose access to your wallet.
Step 6: Set a Strong Password
After confirming your seed phrase, Electrum will prompt you to create a password for accessing your wallet:
Choose a long and secure password containing letters, numbers,
Source: http://www.crypto-news-flash.com
