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Topic: Best way to store Bitcoin safely ? - page 17. (Read 2650 times)

member
Activity: 144
Merit: 10
June 19, 2018, 03:13:17 PM
There are many variations on how to do this, I recommend still ask the person who has a lot of experience, and with whom you communicate well, if this is not, I recommend to view the information on the Internet.
member
Activity: 162
Merit: 10
June 19, 2018, 02:59:26 PM
To store the bitcoin safely, you should set up the wallet to store. As far as I know, there are five types of secure bitcoins available today: Ledger Nano S wallet, Exodus Wallet, My Ether Wallet, Wallet TREZOR, Wallet Ethereum on Coinbase
member
Activity: 171
Merit: 10
Streamity Decentralized cryptocurrency exchange
June 19, 2018, 02:40:19 PM
The value of bitcoin is big, many will try to find ways to steal bitcoin. You have to protect your bitcoin bitcoin carefully. I think you should store bitcoin in your "Myetherwallet" wallet. There are many phishing sites that have appeared, you have to be careful.
full member
Activity: 188
Merit: 100
June 19, 2018, 01:10:28 PM
It's easy to store bitcoins and other cryptocurrencies in your online digital wallet or a smartphone on your smartphone or computer. Letting your bitcoin appear publicly from hacking and phishing attacks. Cool
full member
Activity: 350
Merit: 100
June 19, 2018, 01:06:01 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
Until now I am wondering where do I stack my bitcoin if ever I have a lot of it. I support even if you do not capitalism cause here. The real problem is when you have money and. I think it will be risen by about this topic cause I think yes!! the right now, a great. Cause we all know, and technology. Cause bitcoin can be your own
full member
Activity: 202
Merit: 100
June 19, 2018, 12:58:48 PM
The only secure way is just cold storage like people keep saying here, Trezor but if you feel its too expensive you can use a cheaper one like Ledger nano S or even a paper wallet.
newbie
Activity: 33
Merit: 0
June 19, 2018, 12:13:01 PM
just don't give your private key to anyone!
do you have millions in bitcoin?
otherwise hardware wallet etc...
member
Activity: 280
Merit: 10
June 19, 2018, 12:05:48 PM
The best method seems to be to use external wallets for the moment. I also do not think you will have too many problems if you use the investments in your hands by transferring them in a few cases.
member
Activity: 378
Merit: 17
June 19, 2018, 11:54:08 AM
If you have got bitcoin which is worth a lot of money then you should use hardware wallet, otherwise, you can use free online wallet such as Coinbase, Blockchain.info. Both of them are very good.
full member
Activity: 574
Merit: 101
June 19, 2018, 11:30:24 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

Keeping Bitcoin in a software wallet really gives us Bitcoin holders anxiety and overthinking. I suggest that you may try using a hardware wallet in order to not let hackers get your bitcoin wallet. You can also try finding reliable Bitcoin wallet online. The only problem with this, you need to take care on your passkey and check if the website is legitimate or not.
sr. member
Activity: 532
Merit: 250
June 19, 2018, 10:50:47 AM
Create your wallet and save the file and equate it in an on-site location, but the metamask is also a security-relevant way
If you want to store your bitcoin just simply create a wallet so that you can put it on. In addition to that, just create on a trusted wallet so that you can sure your bitcoin is safe and secure. If you already create wallet do not ever share your password and private key to anybody and just put a 2fa to make it more secure.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 19, 2018, 08:53:58 AM
it is better to store bitcoin in the hardware wallet than in the exchanges especially if we have much bitcoin like for example more than 10 bitcoin. we don't know how safe the exchanges and there are no guarantee that we can keep our bitcoin in that place. maybe I will leave only small amount bitcoin and keep the rest of my bitcoin in the hardware wallet.
full member
Activity: 476
Merit: 102
June 19, 2018, 08:47:03 AM
Basically the way to store your bitcoin is always depends in you and how you treat it. There are some ways to store your bitcoin in safe ways. Like using hard drive wallet as back up. Also keep safe your private key and other authentication code to ensure the security of your digital wallet or bticoin storage. Used your personal desktop when you are trying to access in your accoun or wallet. Another is don't open your account in suspecious site. Make sure that your the only person can access to your account.
full member
Activity: 476
Merit: 100
June 19, 2018, 08:30:03 AM
I would rather save my Bitcoin in Exchanger than wallet, because it's easier for me to control my money, if at any time the price of Bitcoin goes down. The other reason is that I am not a true holder who can hold the coin for the long term.
newbie
Activity: 196
Merit: 0
June 19, 2018, 08:20:14 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

To store your coins safely on your wallet, using a desktop client wallet is not a bad choice.
if you compare with using web wallet, your risk for wallet being exposed is very small. Just save the mnemonic or keys safely in your safe place.
sr. member
Activity: 686
Merit: 250
June 19, 2018, 05:16:17 AM
Follow me,
For bitcoin as well as altcoin, it is recommended to use the wallet software developed by the developer, create the address on the machine does not use internet connection!
Always carefull when using private keys
member
Activity: 131
Merit: 10
June 19, 2018, 04:55:14 AM
There are  "banks of bitcoins" - these are network resources that are convenient enough to use. The user is provided with a purse from which it is possible to perform transfers and an "account" from which it is possible to translate cryptonyms into a purse.
newbie
Activity: 34
Merit: 0
June 19, 2018, 04:54:36 AM
I think the best safe way we should store in hard-wallet
newbie
Activity: 23
Merit: 0
June 19, 2018, 04:49:54 AM
the best way to store bitcoin safely first of all create your e-wallet where  you store your bitcoin. we know the bitcoin is decentralize currency and on one tough and feel of bitcoin .so e wallet is best option you have.
newbie
Activity: 186
Merit: 0
June 19, 2018, 04:43:24 AM
how about keeping multiple amounts at different wallets ?? it not what is meant by " don't keep all of your eggs in one basket" but you can think of it as a twisted way to apply this saying, you reduce the risk this way don't you think ??


To make your bitcoin safer you better copy the copy of your private key so that when you transac make your bitcoin dash and you will not have the scummer to hack into your bitcoin account that's good to do for your btc safe.
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