Topic: How do you keep your bitcoins? - page 10. (Read 48800 times)
Trading is an easy way to get bitcoin. Based on an understanding that bitcoins originally come from mining processes, you might think this is the best way to get some for yourself. Sadly this has become increasingly difficult as Bitcoin has grown in popularity.
Exchanges and online sites are risky because you don't own your private keys for your Bitcoins. They may be hacked or just shut off - with your money. Best way is keeping them in a wallet where you control your private keys - and for extra security a hardware wallet.
The hardware wallet with full sync is the most secure wallet, this wallet also help to secure bitcoin network. Trezor is good, but actually using online wallet such as blockchain .info which has famous brand name is good. If you still afraid, you can use 2FA to add extra layer of securities in that online wallet.
I keep some of my coins in exchange websites because I need to trade. I have to keep them there. And I keep some of them in electrum. I trust them. But I am planning to buy Trezor even it is expensive.
Exchanges and online sites are risky because you don't own your private keys for your Bitcoins. They may be hacked or just shut off - with your money. Best way is keeping them in a wallet where you control your private keys - and for extra security a hardware wallet.
I save bitcoin by using some sites and but I need more information about this trade or what legit sites are trading my bitcoin. that's how I keep my bitcoin.
For now I dont have bitcoin. But when I have one my friend suggested me that it is prefer to put your bitcoin in myetherwallet, because he told me that was the safest online wallet. Because theres a private key on it. That only you can actually know it. So if you just like to save your bitcoin and you dont what to cash out. You can use myetherwallet for you to keep it.
Is it a good idea to use GreenAddress while i don't own a hardware wallet?
I have mine kept in a lightwallet. I do use online wallet but I do not store my Bitcoin in them. I find this online wallet as temporary stash but I do make sure to withdraw them and keep it on my lightwallet. I used electrum wallet so that I do not have to download the whole blockchain and is easy to sync with the network.
I have my coins spreaded i have some on exchanges, and i have some at my online wallet. I even have some altcoins on a other wallet. So I am using a lot of wallets even for Bitcoin.
If you get hacked you get only stolen by that wallet so not every coin you have is lost.
If you get hacked you get only stolen by that wallet so not every coin you have is lost.
I think this is a very wise distribution of coins. Spreading your btc or coin is really good to protect your money and investment to all hackers.
I have my coins spreaded i have some on exchanges, and i have some at my online wallet. I even have some altcoins on a other wallet. So I am using a lot of wallets even for Bitcoin.
If you get hacked you get only stolen by that wallet so not every coin you have is lost.
If you get hacked you get only stolen by that wallet so not every coin you have is lost.
hello. i keep my money in myetherwallet. you can try. i belive it is safe
I do not have any bitcoins yet. But when I have it I will keep the wallet with private keys like coinomi or blockchaing wallet. That's because my friend told me
I would not trust an online storage site or an exchange with a large amount of money. I would only put money on an exchange for trading and I would keep some stored separately in a secure location. So the question is what is a secure location? Most people would say an offline paper wallet is the most secure. If you know that no one has the private key, then that probably is the most secure. You would need to make sure you keep the wallet address and private key where you can get to them but they are secure like in a safe deposit box or a safe. As long as you do that, you should be fine.
Then the problem is what happens if you die and you want a beneficiary to have access to the coins. For this situation, you may need to leave instructions on what to do with the keys in a will or in the safe. I have heard of people keeping the public and private keys on a thumb drive, but I have heard that the data may not last forever on those, so a paper wallet is probably best.
I keep it in my application wallet which can store bitcoin and peso. So that if i have bitcoin i can easily convert it to cash it out in bank. But i aslo have eth wallet because i am joing in a signature camoaign. So the token i recieved there is stired in my eth wallet. If it is eth. Then the problem is what happens if you die and you want a beneficiary to have access to the coins. For this situation, you may need to leave instructions on what to do with the keys in a will or in the safe. I have heard of people keeping the public and private keys on a thumb drive, but I have heard that the data may not last forever on those, so a paper wallet is probably best.
buy bitcoin. keep in the cold wallet. forget it for a few years. Great things will come to you. 2014 Bitcoin can not buy a noodle. Now, 7,000 pie can not change a bitcoin.
Why would you be holding onto Bitcoin for so long i will prefer investing with it to get daily returns instead of future because nobody is promise tomorrow
How i keep my bitcoins is by buying them when the value is low then sell them at a high value and everything i get i put it in the blockchain wallet.
Witch is being used by almost everyone who invests in bitcoin. And i think that it will become famous.
Witch is being used by almost everyone who invests in bitcoin. And i think that it will become famous.
I keep mine in a lightweight desktop wallet called electrum on virtual machine. Currently that is the best option. In the future however, I will be buying a hardware wallet.
Currently I'm just learning about bitcoitalk and I do not have an online account or electronic wallet like people so I do not know where to save
I set up my own website and have maximum security then save all the data and have another wed to prevent the other from being stolen or data.
I set up my own website and have maximum security then save all the data and have another wed to prevent the other from being stolen or data.
Onlineservice. But in the Future it will be an Hardwaresolution. Its better offline
I am using an on-line services. Even though understanding that it is not protected, I nonetheless settle for due to the fact my bitcoin is very tiny .. after this there are a lot more I would use a safer wallet.
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