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Topic: Best way to store Bitcoin safely ? - page 12. (Read 2667 times)

member
Activity: 297
Merit: 10
June 23, 2018, 11:22:44 PM
I use NANO LEDGER for bitcoin storage I have, and that's the best way for me to store the bitcoin I have.

It seems like a good suggestion to try, time to try something new to make things safer.
member
Activity: 325
Merit: 10
June 23, 2018, 11:14:51 PM
The best way til now to store your Bitcoin safe is hold them on the cold wallet and unplug all the internet connection to it , that will help you store every coins in safety without any threats from hackers or stuffs like that .
newbie
Activity: 98
Merit: 0
June 23, 2018, 11:09:02 PM
My choice is ledger nano s  Cool
newbie
Activity: 1
Merit: 0
June 23, 2018, 11:00:28 PM
Thanks for this guide to store my bitcoins safely. Do I need to disconnect internet every time I check the coins in future ?
jr. member
Activity: 126
Merit: 1
June 23, 2018, 10:59:43 PM
There are stopped various brilliant strategies to shop your Bitcoins but one aspect that you need to pressure on is the safety of your cash,this should dependably accept want at constantly. we as a whole have dispositions as regards to the decision of wallet we make use of. some will comply with digital MEW as a result of the short exchange speed and productiveness, Bu for appropriate protection, i might make due with hardware wallets which are not as inclined to hacking as net base wallets.
member
Activity: 122
Merit: 10
June 23, 2018, 10:57:10 PM
I use NANO LEDGER for bitcoin storage I have, and that's the best way for me to store the bitcoin I have.
full member
Activity: 591
Merit: 100
WATANABE
June 23, 2018, 10:52:52 PM
its the safe way to save your bitcoin using the bitcoin client in your computer, the main key to keep it safe is keep away from any suspicious hardware and keep away from internet, I believe that your bitcoin will safe in that computer for a very long time

Everyone has a variety of ways to save their Bitcoin and our time should be more careful to see how it works.
full member
Activity: 546
Merit: 100
simply getting the job done
June 23, 2018, 10:50:04 PM
I highly suggest you get yourself an online wallet, if you're gonna carry around a huge amount of BTC then I'd suggest you try to keep it at maximum security, store you keys in the most private place you know and lastly keep it on a 2FA authorization to keep it more secured, and its very easy to use and transact. However if you do have enough money to buy a hardware wallet then I'll recommend you to buy yourself a Ledger Nano S wallet, out of all the hardware wallets I do think this is the most affordable wallet out of all hardware wallets out there, though this is definitely the best way to store your bitcoins.
But do not use wallet exchange to keep all your assets, because it is quite dangerous. Quite a lot of hacking exchange cases. So only use wallet exchange when trading, after which you have to secure your assets back in a separate wallet. Well, wallet hardware is a very good suggestion.
indeed now wallet hardware is the best alternative to store bitcoin better, but all also need precision to store bitcoin because of the risk of missing and forgotten also remain.
full member
Activity: 770
Merit: 113
June 23, 2018, 10:42:59 PM
I highly suggest you get yourself an online wallet, if you're gonna carry around a huge amount of BTC then I'd suggest you try to keep it at maximum security, store you keys in the most private place you know and lastly keep it on a 2FA authorization to keep it more secured, and its very easy to use and transact. However if you do have enough money to buy a hardware wallet then I'll recommend you to buy yourself a Ledger Nano S wallet, out of all the hardware wallets I do think this is the most affordable wallet out of all hardware wallets out there, though this is definitely the best way to store your bitcoins.
But do not use wallet exchange to keep all your assets, because it is quite dangerous. Quite a lot of hacking exchange cases. So only use wallet exchange when trading, after which you have to secure your assets back in a separate wallet. Well, wallet hardware is a very good suggestion.
full member
Activity: 364
Merit: 100
PlayGame.com
June 23, 2018, 10:37:59 PM
its the safe way to save your bitcoin using the bitcoin client in your computer, the main key to keep it safe is keep away from any suspicious hardware and keep away from internet, I believe that your bitcoin will safe in that computer for a very long time
newbie
Activity: 70
Merit: 0
June 23, 2018, 10:34:32 PM
I highly suggest you get yourself an online wallet, if you're gonna carry around a huge amount of BTC then I'd suggest you try to keep it at maximum security, store you keys in the most private place you know and lastly keep it on a 2FA authorization to keep it more secured, and its very easy to use and transact. However if you do have enough money to buy a hardware wallet then I'll recommend you to buy yourself a Ledger Nano S wallet, out of all the hardware wallets I do think this is the most affordable wallet out of all hardware wallets out there, though this is definitely the best way to store your bitcoins.
newbie
Activity: 74
Merit: 0
June 23, 2018, 10:22:49 PM
I would recommend storing Bitcoin in a hardware wallet. I think almost all wallets available are safe and it only depends on your carelessness on exploiting your keys.
jr. member
Activity: 182
Merit: 2
June 23, 2018, 04:49:28 PM
The best way to store bitcoin safely and secured is to get a hardware wallet.
full member
Activity: 504
Merit: 100
June 23, 2018, 04:32:10 PM
Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad
But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place Smiley

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

Well, my advice is, don't place everything in cold storage. You'l never know when will the damned thing will fail. At least place some on exchanges, online wallets, offline wallets, and even invest in a hardware wallet. It wouldn't hurt to be safe.
member
Activity: 112
Merit: 10
June 23, 2018, 03:08:24 PM
I suppose the best way is don't be jealous and buy a cold wallet like trezor and don't think about safety as you worry when your funds are on the virtual wallet or even on the exchange
hero member
Activity: 826
Merit: 501
June 23, 2018, 10:25:25 AM
I am a great fan of the hardware wallets when it comes to the safety point of view. There are multiple ways to store Bitcoins in offline wallets including paper wallet, hardware wallet etc. You can download the reputed paper wallet generator from GitHub and move it to any offline PC and generate paper wallets to store your funds offline. Alternatively, hardware wallet is another way which is more flexible to use.
Hardware wallet is best when it comes to efficient storing and faster way of having fund in terms of transaction. For me it is best to chose the suitable wallet for your field and transaction. If you are trading it is much easier to access on wallets that is built on exchanger to much easier manage your fund. It is not bad to have a multiple type of wallet depending on the way you would used your funds it is either holding or trading.
newbie
Activity: 112
Merit: 0
June 23, 2018, 10:06:45 AM
The best way you can do to store your Bitcoin is to use a hardware wallet or generate your own private key and print it on a piece of paper.
sr. member
Activity: 686
Merit: 253
June 23, 2018, 08:47:33 AM
I think for security reasons the way you use can also be done, but if I think to be more practical and efficient you can simply by using metamask, so that more efficiently can be accessed anywhere and anytime, provided we can keep the password metamask safely
Well, there are a lot of options that can give security to our bitcoins like trezor, ledger, metamask or etc. But the question is, is it really secured like 100%? I mean, even if we have stored it in a most secured system, if it is in the online, there is still a possibilitu that oneday it can be hacked.

That is also why security isn't stagnant/permanent and it keeps upgrading and so with time better secured technologies will emerge that can better protect our bitcoins than the current ones and we will just be fine and flow with the trend.
sr. member
Activity: 1036
Merit: 281
June 23, 2018, 08:20:48 AM
Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad
But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place Smiley

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick
My advise for you is to store your bitcoins in trusted online wallets like coinbase and blockchain.info. There are many advantages and benefits that you can earn by storing your bitcoins in trusted bitcoin wallets.
full member
Activity: 546
Merit: 100
June 23, 2018, 08:15:33 AM
I think for security reasons the way you use can also be done, but if I think to be more practical and efficient you can simply by using metamask, so that more efficiently can be accessed anywhere and anytime, provided we can keep the password metamask safely
Well, there are a lot of options that can give security to our bitcoins like trezor, ledger, metamask or etc. But the question is, is it really secured like 100%? I mean, even if we have stored it in a most secured system, if it is in the online, there is still a possibilitu that oneday it can be hacked.
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