Topic: Best or safest way to store coins? - page 2. (Read 1223 times)
Encrypt everything and have the password backed up somewhere safe.
It depends on if you want to use them and store them safely or if you only want to store them safely (cold wallet)
If you want to use a trezor is a really good option and easy
If you want to store them a paper wallet is the best option
If you want to use a trezor is a really good option and easy
If you want to store them a paper wallet is the best option
There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
That was a nice read but i still have some questions, for instance how to exactly install a bitcoin client on a cd? Doesnt it weight like a few gigabytes? And what does he mean with OS? Operating system? So do i have to install another operating system in another computer while offline and then install the bitcoin client on the cd? Its pretty confusing for me
You don't need the entire client, just the wallet.dat file. Stick it on a flash drive and put it under your mattress.
Note: Tiny flash drives can also be swallowed if moving from country to country.
There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
That was a nice read but i still have some questions, for instance how to exactly install a bitcoin client on a cd? Doesnt it weight like a few gigabytes? And what does he mean with OS? Operating system? So do i have to install another operating system in another computer while offline and then install the bitcoin client on the cd? Its pretty confusing for me
Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.
Here's one way:
1. Create a paper wallet.
2. Send bitcoins to new wallet.
3. Seal wallet inside PVC pipe with rice filling.
4. Bury pipe in backyard.
There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
https://bitcointalksearch.org/topic/howto-create-a-100-secure-wallet-17240
Get a liteclient and write the seed down. Then make many back ups of you wallet and keep the wallet.dat files offline on a usb stick and a cd-r etc. You're doubly protected then. Just make sure your computer is safe when it comes to spending them.
Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.
make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....
Done some research on that:
Proper paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes. However, it may be more difficult to securely "backup" paper wallets, and due to the current sub-optimal software support, it may be easier to make a mistake that causes loss of bitcoins.
What do they mean by "a mistake can cause loss of bitcoins" as i said im not into technical details about bitcoins so i need you to explain pretty much everything XD
It prints the private key out. If you lose it GG you're never getting them back ever.
bitaddress.org go there, try it out. Run it on an offline computer for your actual wallets though. I used that an encryped them too then gave them out to all my friends..
Backups
Backups
Backups
Backups
Backups.
I CANNOT STRESS ENOUGH BACKUPS.. When people tell me they have their +20k worth of BTC on only TWO USB's.. I ask them if they like to just throw wealth away because that is what they are doing.
Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.
make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....
Done some research on that:
Proper paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes. However, it may be more difficult to securely "backup" paper wallets, and due to the current sub-optimal software support, it may be easier to make a mistake that causes loss of bitcoins.
What do they mean by "a mistake can cause loss of bitcoins" as i said im not into technical details about bitcoins so i need you to explain pretty much everything XD
Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.
make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....
Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.
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