Topic: How and where do I store my bitcoins? - page 2. (Read 6559 times)
you can store your bitcoin in any secure wallet and there is many secure and trusted wallet for storing bitcoin and i also using blockchain wallet and i think its very secure and trusted than other wallet.
i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.
But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email.
Store your bitcoins on paper wallets and put them on a water proof plastic bags then put it a safest place you know so you will be able to sleep in night. Don't store your bitcoins on any online sites because they are not fully trusted and there is always a risk of getting hacked of your account so if i were i will just put them on a paper wallet or hardware wallet then i will put them in a safe place.
there is many way to store your bitcoin but i prefer that blockchain because blockchain is very much safe and secure wallet and there is maximum people store their bitcoin so you can store your bitcoin in blockchain and blockchain is very much easy than other wallet.
I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
of course, you should be considering a secured wallet because you are having a huge amount of bitcoin . if you are looking for highly secured wallet then web wallets can't be recommended for you, maybe you should install a hard wallet to your pc and make sure you won't be attacked by a botnet or any malware . I guess installing a hard wallet on Linux OS especially Tails OS is the best .
As I understand it, if you have to install a wallet somewhere (Windows or Linux, it doesn't matter), it won't a "hard" wallet because by hard wallet people evidently refer to a hardware wallet, which doesn't need to be installed anywhere (apart from putting it in some place, of course). Linux is way more secure than Windows, that goes without saying, but it still doesn't completely exclude the possibility of your coins being stolen. In other words, it is not a panacea...
Correct me if I'm wrong on this
I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
of course, you should be considering a secured wallet because you are having a huge amount of bitcoin . if you are looking for highly secured wallet then web wallets can't be recommended for you, maybe you should install a hard wallet to your pc and make sure you won't be attacked by a botnet or any malware . I guess installing a hard wallet on Linux OS especially Tails OS is the best .
i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.
But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email.
I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
The most safest place to store your coin is on your personal computer, that has password know by you and you alone. You can also store you bitcoin with blockchain.info and xapro, there the most safe online wallets. Most importantly safeguards your password both on your personal computer and online wallet and you are good to go.I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
Yes installing a wallet in your personal computer like electrum is one of the ways that you can call safe but online wallet is not. As long as you don't have the
private keys it is not yours, this situation is not different when your money is in the bank. Online wallet is just good for storing small amounts but never with huge
amount like what OP has. This should be kept in a cold storage/bread wallet/hardware wallet.
I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
The most safest place to store your coin is on your personal computer, that has password know by you and you alone. You can also store you bitcoin with blockchain.info and xapro, there the most safe online wallets. Most importantly safeguards your password both on your personal computer and online wallet and you are good to go. I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
just like the other way in which money is been saved in the bank so also when one get to know about bitcoin he or she is been ask or require to have a wallet account in which they can store their their bitcoin and have a strong password to which they can have access to at any given point for their transaction.
i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.
Never store all your coins in one wallet or address, always find the private key for each address after depositing and keep them both in a text file like notepad and even print them on paper.
Though best thing would be to just send bitcoin to an address without ever using it doing transactions.
Though best thing would be to just send bitcoin to an address without ever using it doing transactions.
Me, i have two wallets and one local wallet. I dont want to store my btc on one bitcoin wallet. So when the wallet encounter trouble, im able to switch with the other. Also i dont guarantee my btc is safe thats why im using these wallets. My local wallet is very useful, so i suggest you must use one. My local wallet very versatile. You can pay bills, prepaid load and convert btc into cash. Im not gonna use my btc without this.
We both use local wallet i have two wallet also blockchain and local wallet. I used blockchain to earn and transation to my business buy and sell and i stored them in blockchain. Then i use too the local wallet to convert the bitcoin into cash. 
Use Electrum wallet for as your hot wallet that you can use to pay for your daily expenses. I would suggest purchasing raspberry pi and use Electrum offline from there with your desktop wallet being the wallet that broadcasts and make raw unsigned transactions.
It would save you a lot more money than purchasing hardware wallets and it can be secure enough.
It would save you a lot more money than purchasing hardware wallets and it can be secure enough.
Yeah I like Electrum as well as it's very lightweight and a fantastic option for fuss free hot wallets. If you're a passive trader as well with no real need for time sensitive transactions the manual fee option is also great.
I've saved about 5% in fees using low priority transacts on my Electrum.
I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
You really need to consider getting a more safer wallet like electrum or trezor and do not put all your eggs in one basket,I understand that you are just want to buy and store for future wallet so you don't need an online wallet but if you decide to have one,only keep a small amount.
Me, i have two wallets and one local wallet. I dont want to store my btc on one bitcoin wallet. So when the wallet encounter trouble, im able to switch with the other. Also i dont guarantee my btc is safe thats why im using these wallets. My local wallet is very useful, so i suggest you must use one. My local wallet very versatile. You can pay bills, prepaid load and convert btc into cash. Im not gonna use my btc without this.
That's a nice idea because for me often blockchain.info is offline and hence I would also use a secondary wallet.I think for storing huge amount of bitcoins its always best to store them in offline wallets, because if you are a miser and never use it, then you might suffer big one day.
To keep our btcsecure even a big or small amount we must always consider that we cant trust any sites or apps that much , this apps were all controlled by a developer though there are still some that is really trusted. Try to portion it on diffrent wallets or why not consider investing on different andreliables investment sites its like storing too jut dont put all in one investment.
No man, I would never invest my big amount of bitcoins even in different sites because its fine if its 1-2 bitcoins but suppose for those who have like 100 - 200 bitcoins would they or even us be able to digest a loss of around 10-20 bitcoins in a scenario a site scams.I think using online wallets for storing big amounts means you are risking, better use offline wallets and less often open them.
I agree with this because you can never trust online storage or exchanges. It's too easy for them to take your money or go out of business. If you store them on a hard drive, what if something happens to it? The best solution is to store Bitcoin on a paper wallet an keep the address and private key in a safe.
Take the advice and cold store them mo fos. That's way too much to be storing on a cell phone. Spose it's a good thing you isn't gambling them all away. You got what we call luxury problems my man.
Yeah storing on cell phones is not that safe plus being the coins all time in front of your eyes you might get tempted and spend them.I prefer storing bitcoins in my core wallet and I have the important file for the wallet save din my D disk which doesn't get formatted even when I reboot
Yeah, you should definitely be considering a secure wallet. I suggest a hardware wallet like Trezor. It's more safe and it lowers the chance of being hacked by something like a key-logger.
I never understood people using hardware wallets. What if it breaks, does it mean that all coins that are associated with this wallet are lost? But if you copied your keys somewhere else (e.g. wrote them down on paper), what's the purpose of using a hardware wallet then? I think the safest way to store your bitcoins is to create a vanity address on an offline computer, encrypt the keys with a password, and then print them out on paper making a few copies. One copy you put in a safe, another in a bank deposit box...
What did I miss exactly?
I generally keep my bitcoins in a HD wallet, preferably electrum, and some of my spending coins in an iOS wallet (which kinda sucks since there are only a few options to choose your wallet from) Most of the time, I only encrypt my mobile wallet and then create multiple copies of the backup in some flash devices.
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