whats the safest way to store my DGB ?
i have 60% stored ofline on encrypted wallet with backup ( usb drive )
and 40% still on bittrex exchange.
but i plan to buy more in the next weeks.
maybe a third wallet somewhere?
would go crazy if i lose my DGB :p
Hey Verias, my approach is something like this:
Wallet A)
Most of your coins should be in a Cold Wallet Encrypted Backups (Three or more backups should be fine, for example 3 USBs, in worst case if your two copies are damaged you still have the third).
The password should be written down CLEARLY on a piece of paper and "hide" it. This wallet should NOT exist on the harddisk nor touch Internet, until you want to send coins from this wallet at any time in the future.
Amount ~70%
Wallet B)
Some of your coins are in a wallet on a computer B connected to Internet if you like to,
encrypted. I do run DigiByte Core wallet always on for full node and Mining, always on.
Write down password on a piece of paper.
Amount ~10%
Wallet C) (if you have more than one computer)
Some of your coins are in a wallet on a computer C connected to Internet if you like to,
encrypted. I do run full node, connecting to Network one or twice a week to update to the blockchain.
Write down password on a piece of paper.
Amount ~10%
Wallet D)
Some of the coins are in the Mobile Wallet on your phone. The amount should be that much you a comfortable with. At the end of the day the goal of DigiByte is that everyone can use a common device to handle daily business needs. So I think it's good practice for us to begin to do that with a small amount of coins. You can DigiByteTip, donations, etc. To spread usage of DigiByte I think we all need to get our phone to do the work.
Amount ~5%
Wallet E)
Amount ~5% on an exchange.
If you buy more, you can send from the exchange to the different wallets with similar percentage above.
This approach should work fine independently of coin-type, not only for DigiByte.