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Topic: Does anyone keep $10k+ Worth of BTC in Coinbase/Blockchain? - page 2. (Read 1963 times)

hero member
Activity: 770
Merit: 500
🌟 COMSA ICO: 10/02/17 🌟
The issue with paper wallet is i would be sending btc and receiving it.  So you saying keep the paper wallet on me at all times when i do these transactions?  Thing is im not looking to keep btc long term and store it somewhere like imagine i store gold or some document in a safety deposit box that i would go there every once in a while.  I would plan to do probably 10 transactions a month at the max... but definitely close to 1 a week, whether its sending the btc to sites or receiving it and then send to coinbase to sell back to bank account.


legendary
Activity: 1330
Merit: 1001
If you have that amount of money you better hold it yourself in a paperwallet instead of holding it in a 3rd party. Is like if you have 10k$ in an unknown bank.
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
Thus keep it there without it in a paper wallet?  I read its very unsafe b/c those are hot wallets but if u plan to do transactions once a week at least, i read paper wallets are not good b/c its meant for long term storage.  Im sure there are lot of ppl that has kept this much money in their accts right?






no. you should keep that in a hardware wallet like these:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253
Wed
legendary
Activity: 1231
Merit: 1018
Never leave more than pocket money on an online wallet.
full member
Activity: 532
Merit: 100
I'd definitely recommend a paper wallet or a hardware wallet.  I prefer the paper wallet method because it's free, but to each his own.
sr. member
Activity: 861
Merit: 253
SmartFi - EARN, LEND & TRADE
Definitely no, spread across a couple hardware / cold storages. Only keep small amount on mobile for small payments (small in my case is 100$ max on my device at a given time). 
sr. member
Activity: 392
Merit: 250
Never had that much yet in bitcoins but if i were to i would have split them into different paper wallets or just bought a hardware wallet.
legendary
Activity: 1008
Merit: 1000
Thus keep it there without it in a paper wallet?  I read its very unsafe b/c those are hot wallets but if u plan to do transactions once a week at least, i read paper wallets are not good b/c its meant for long term storage.  Im sure there are lot of ppl that has kept this much money in their accts right?





I used to keep all my coins on Blockchain.info, but then I decided it was too risky, so right now, I have the private keys encrypted and uploaded to cloud storage. Not sure how much safer that is, though.
I would get some paper wallets, but I'm afraid that I'll lose them or they will become damaged (e.g. water, fire).
Now, I'm thinking of getting some physical Bitcoins.
sr. member
Activity: 294
Merit: 250
I guess you and anyone shouldn't

Even papar wallet you should splitt the coins.
hero member
Activity: 770
Merit: 500
🌟 COMSA ICO: 10/02/17 🌟
Thus keep it there without it in a paper wallet?  I read its very unsafe b/c those are hot wallets but if u plan to do transactions once a week at least, i read paper wallets are not good b/c its meant for long term storage.  Im sure there are lot of ppl that has kept this much money in their accts right?



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