Topic: How do you keep your bitcoins? (Read 48800 times)
I keep my bitcoin on blockchain wallet with all security option ON. I think that blockchain is the safest online wallet for bitcoin, I never heard that someone lose their bitcoin (if he had all security option on). I have some bitcoin on exchange too (small amount), because I need it for daily trading with altcoins.
To begin with, I would not buy a single currency for 10 years. Is it dangerous! You can stay with nothing! Well, I keep the currency in the strictest secrecy. I have several wallets. One of them for long storage is the key to which only I know!
if i save bitcoin. in the wallet gan. as in the nem wallet and so forth. and I do not keep the assets I have on one wallet because of the danger. if conceded be an asset that I have not lost all. unless the assets for my trading capital are kept in indodax .
I store on a checked purse with protections. And there are also those who work, multiply in investments, partner projects.
I do not believe in online storage, it's vulnerable to hacker attacks. Use the wallet address to save the coin. I use metamask, free and easy to use. Something free certainly does not provide the maximum protection. Ledger nano and trezor wallet hardware are expensive, but it's worth the security offered.
https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/
There are many ways. The most reliable method is offline wallets. Coin hackers have exploded a lot of sites these days.
There are many ways. The most reliable method is offline wallets. Coin hackers have exploded a lot of sites these days.
Bitcoin is a digital currency that can only be stored in digital wallet. These wallets are of two types:-
1. Software Wallet
2. Hardware Wallet
1. Software Wallets:- Software Wallets are similar to bank account that can be installed in mobile or computer system. For example Avatrade, Whaleclub, Coinbase, LakeBTC, EXMO etc. These are online wallets to store cryptocurrency easily. User just need to login to store Bitcoin. These wallets charge some Sign Up and transaction fee too. It is difficult to say which online wallet is best and which not so user need to check reviews and rating before using these wallets.
2. Hardware Wallet:- Hardware wallet is an Offline Wallet or storage device to store Bitcoin. For example Ledger Nano and TREZOR. First you need to connect the device with you Laptop or Computer via USB. Only then you can store Bitcoin into hardware wallet.
Hardware Device is more secure and safe comparatively Software Wallets.
1. Software Wallet
2. Hardware Wallet
1. Software Wallets:- Software Wallets are similar to bank account that can be installed in mobile or computer system. For example Avatrade, Whaleclub, Coinbase, LakeBTC, EXMO etc. These are online wallets to store cryptocurrency easily. User just need to login to store Bitcoin. These wallets charge some Sign Up and transaction fee too. It is difficult to say which online wallet is best and which not so user need to check reviews and rating before using these wallets.
2. Hardware Wallet:- Hardware wallet is an Offline Wallet or storage device to store Bitcoin. For example Ledger Nano and TREZOR. First you need to connect the device with you Laptop or Computer via USB. Only then you can store Bitcoin into hardware wallet.
Hardware Device is more secure and safe comparatively Software Wallets.
The best way to keep your bitcoin is invest I think, but you know that different people has their own way to keep their money, doesn't matter what it is. But for me personally I'm not really that kinda human for bitcoin, if I have btc I will keep it but when I need it I will use it no matter how much the price could be. So, goodluck.
I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I keep my bitcoin in my wallet and hold it use out a password and only use it in important matters in life I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I just keep my bitcoin in my wallet and put it a strong password that no body knows and no one can stole it I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
for now I really save it because currently bitcoin is a promising investment, I follow a lot of bounty and campaigns although a little reward but I still believe the future bitcoin will experience rapid progress I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
There are many ways to store your coins regarding if it is online or offline you can choose from that category, I am only using the online ones for now and there are pretty a lot of them in the internet if you search for them with google but regarding these online features you are trusting a site that has control over your money just like banks, and if you choose the offline ones, there are pretty much that can handle it and you can store them the way you want and physically if needed, just like paper wallets, physical bitcoin, Ledgers, that you can hold physically, and I am adding mobile and Desktop wallets.
it is time to save the BTC safely. The safest way to save your Bitcoin, is to use hardware wallets like Ledger and Trezor. With a hardware wallet, you will always need this hardware to access your Bitcoin, making it more secure. And you must also provide a physical approval to make transactions. Then the problem is what happens if you die and you want the recipient to have access to the coins. For this situation, you may need to leave instructions on what to do with a key in a will or in a safe. I've heard people keep public and private keys on thumb drives, but I've heard that data may not last long for them, so paper purses might be best.
I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I also wouldnt trust too much online wallets. A cold storage is also very safe ! But my favorite of all times is a paper wallet ! Offline and safe
I wouldn't keep my bitcoins in whole time and i don't trust any wallet sites even if it has https it's not posible to get hacked or lose all of my coins much better i buy a good altcoins and hold it in the exchange but i don't trust exchange sites too but it easy very easy to grow the altcoins so i can get a profit for a little time i don't like keeping my money for small profit i want a day or week trade and profit.
You can keep it in your online wallet or offline wallet because it is a safe way to store your value. Keeping it at the online wallet is a best investment to do and you csn generate good profit and wait for a longer time as you hold it for future price increasing.
I saved a coin in my etherwallet,
keeping the private keys as good and no one else knows.
keeping the private keys as good and no one else knows.
I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
if I personally not only save but I developed by following a bounty campaign, and looking for ico that we can follow the project even with a little reward I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
I use long-term investments and keep my bitcoins in a cold wallet, I use a Trezor.
I think the safest thing is to use a hardware wallet. such as trezor, ledger or keepkey, etc. this wallets are a tamper-proof electronic device designed to store private keys of your coins in an offline setting.
Hardware wallets are not the safest method to keep your BTC secure, there have been many exploits discovered which were critical and allowed almost everyone to reveal your private key or seed which can be later use to move your bitcoins to another address. The safest known method is to use a software wallet on a computer that will never have access to the Internet in order to prevent malware from connecting to the external servers. Hardware wallets are great if you keep your device safe and up-to-date, they are really convenient to use.
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