Topic: How and where do I store my bitcoins? - page 5. (Read 6536 times)
You can store your bitcoin in your online wallet, you have to create an online wallet for yourself you can do that for free as there are so many exchange and some other forums who give you the facilities to create your own wallet and you can do that for free and then can keep your bitcoin there, you have to pay some transaction free while transferring your bitcoin from one wallet to another using exchange service.
Best option would be paper wallets, as they would allow you to have your coins remain secured if you are interested in just saving them and not going to spend anything from them. You can, however, get those coins back in your wallet after scanning the QR code and retrieving the private key.
In your own wallet! Bitcoins will rise so high that it might reach $1,000 again. So better horde it and buy as much as you can now.
If you invest and buy now I am sure you can make profit when it reaches to high value like 1300$ in future better invest and get the huge profit. I advice you to save the bitcoin in cold storage or desktop wallet in instead of having in online wallets
i think with that amount, you should have cold wallet like USB bitcoin wallet, you can search on google where the store online that selling this USB. because its really important that you have to save your bitcoin in the safety wallet and i think better you don't have to make deposit bigger than 3 bitcoin in the market exchanger or localbitcoin or any places, save your bitcoin in cold wallet. and remember to not save all your bitcoin in one places.
In your own wallet! Bitcoins will rise so high that it might reach $1,000 again. So better horde it and buy as much as you can now.
High amounts are not recommended to be stored in an online wallet. This is why cold wallets exist - print one, laminate it (you can do that even with scotch) and you'll have a waterproof cold wallet that you can safely store. You also should print it on a Linux Live just so that it cannot be hacked in any way. Your online wallet with high funds is prone to hacking in any moment.
In your own wallet! Bitcoins will rise so high that it might reach $1,000 again. So better horde it and buy as much as you can now.
The principle is not all eggs in one basket.
An offline wallet; paper based or HD wallet for savings. This is not for everyday usage.
A PC wallet if our job demands the daily transactions with our clients
A web wallet for small expenses. Sometimes this is pairing with smartphone.
yes that is right to say i am agree with you that is too much dangerous and risky if you are going to put all your bitcoin in one wallet you should use multiple wallets to distribute your bitcoin in it, through this way you can minimize the risk of your whole bitcoins from hacking. An offline wallet; paper based or HD wallet for savings. This is not for everyday usage.
A PC wallet if our job demands the daily transactions with our clients
A web wallet for small expenses. Sometimes this is pairing with smartphone.
The principle is not all eggs in one basket.
An offline wallet; paper based or HD wallet for savings. This is not for everyday usage.
A PC wallet if our job demands the daily transactions with our clients
A web wallet for small expenses. Sometimes this is pairing with smartphone.
An offline wallet; paper based or HD wallet for savings. This is not for everyday usage.
A PC wallet if our job demands the daily transactions with our clients
A web wallet for small expenses. Sometimes this is pairing with smartphone.
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?
No matter the amount you should get a secure wallet. If you have a substantial amount of coins, use a cold wallet (just google how to). Having a secure wallet should be number one on the list of agendas of anyone using Bitcoins. Don't store a lot of your coins on websites or wallets where the admins has access to your coins.
Right. Just use online wallet if you are constantly purchasing something using bitcoin. It will be a hassle if you use offline or paper wallet when you always buy something. But if you are just holding your coins for future use, it is better to store it on paper / cold / offline 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?
No matter the amount you should get a secure wallet. If you have a substantial amount of coins, use a cold wallet (just google how to). Having a secure wallet should be number one on the list of agendas of anyone using Bitcoins. Don't store a lot of your coins on websites or wallets where the admins has access to your coins.
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?
No matter what wallet you choose, remember that your bitcoins are only safe if the private key was generated securely and remains a secret. Choose a storage method based on your needs and your wealth. There’s no reason to ever store a large amount of funds in a hot 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?
For storing bitcoins, don't put them on an online exchange. Use a paper wallet and store the public and private keys in a safe place like a safe deposit box or a fire safe.
Saying online wallets are not safe but I guess many people have already done that.
Buy Trezor. It may cost you $99 but it is more secure. It's a Bitcoin Safe as it says.
Keeping your money safe is kinda tough these days.
Buy Trezor. It may cost you $99 but it is more secure. It's a Bitcoin Safe as it says.
Keeping your money safe is kinda tough these days.
don't ever keep substantial amounts of money at the exchanges!
MT-gox and Bitstamp are just recent examples of this errant behaviour
it is time for you to consider bying a hardware wallet,it is easier to use than you would think and gives you peace of mind
I cannot stress enough: do not store your money online,you re not in control of your funds and if this service goes offline = you are screwed
make a habbit of withdrawing funds at the end of your trading session,do not keep them overnight at exchanges
MT-gox and Bitstamp are just recent examples of this errant behaviour
it is time for you to consider bying a hardware wallet,it is easier to use than you would think and gives you peace of mind
I cannot stress enough: do not store your money online,you re not in control of your funds and if this service goes offline = you are screwed
make a habbit of withdrawing funds at the end of your trading session,do not keep them overnight at exchanges
Already Op have stored the bitcoin in one among the best wallet and trading service provider. But as he is not active into trading can prefer Blockchain wallet or other offline wallets. Also can try paper wallets if the bitcoin buying is a long term investment.
i think the wiser move is to store your bitcoin in an offline wallet, or hardware wallet. Blockchain wallet is also a good way to store your bitcoin but nothing beats the one that you can access freely and can disconnect to the internet for more safety. You can also use light wallet so that you don't need to download the whole blockchain.
Offline wallet is the most secure wallet. If you put your bitcoin on an online wallet, even if it is in a secured platform, it can still be prone to hack or phishing. But if it is offline, no one can hack it.
Already Op have stored the bitcoin in one among the best wallet and trading service provider. But as he is not active into trading can prefer Blockchain wallet or other offline wallets. Also can try paper wallets if the bitcoin buying is a long term investment.
i think the wiser move is to store your bitcoin in an offline wallet, or hardware wallet. Blockchain wallet is also a good way to store your bitcoin but nothing beats the one that you can access freely and can disconnect to the internet for more safety. You can also use light wallet so that you don't need to download the whole blockchain.
Offline wallet is the most secure wallet. If you put your bitcoin on an online wallet, even if it is in a secured platform, it can still be prone to hack or phishing. But if it is offline, no one can hack it.
Already Op have stored the bitcoin in one among the best wallet and trading service provider. But as he is not active into trading can prefer Blockchain wallet or other offline wallets. Also can try paper wallets if the bitcoin buying is a long term investment.
i think the wiser move is to store your bitcoin in an offline wallet, or hardware wallet. Blockchain wallet is also a good way to store your bitcoin but nothing beats the one that you can access freely and can disconnect to the internet for more safety. You can also use light wallet so that you don't need to download the whole blockchain.
Already Op have stored the bitcoin in one among the best wallet and trading service provider. But as he is not active into trading can prefer Blockchain wallet or other offline wallets. Also can try paper wallets if the bitcoin buying is a long term investment.
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?
It is always recommended that dont keep your bitcoins in exchanges if you are not going to sell or do daily trading instead you can store them in desktop or hardware wallet, This wallet keys private key and all other records you will be holding it so if any thing problem is their you can be able to solve it. But if the exchange get any problem like hack or scam then you cannot do anything as you dont have control on that wallets
If OP is not familiar with off-line wallets, he could use coinbase vault. It is really secure but you must give 2days (48 hrs) notice before making a withdrawal.
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