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Topic: How do you keep your bitcoins? - page 15. (Read 48800 times)

full member
Activity: 420
Merit: 110
October 16, 2017, 12:43:55 PM
Currently on Coinbase, yes, I know, not the best option, but I have a very small amount, ... waiting to get a Ledger Nano S wallet.
Hopefully it will support the other ICOs I have invested in sometime in the near future (one should be OK as it is an ERC20 token), but for now it will be OK for BTC, LTC and Ripple.
newbie
Activity: 20
Merit: 0
October 16, 2017, 12:35:04 PM
not having much now,but i have in future would store few of them on online wallets and other on paper offline  wallets
full member
Activity: 378
Merit: 100
October 16, 2017, 12:28:10 PM
As I am a new bie yet so I am learning about these things. As I learned from many of the forum users about blockchain.info here I already made an wallet in blockchain.info and I will keep my bitcoin in that wallet with the passage of time when I learned this completely then I will change my preference from blockchain to some other secure and safe wallets.
sr. member
Activity: 532
Merit: 284
October 16, 2017, 11:55:04 AM
its better to keep your bitcoin on you desktop wallet./
Well it depends on how you are going to use it in the future.

If you just wanted to hold for that specific coin of yours after earning from a campaign or other source, then a desktop wallet, hardware wallet or cold wallet is the best option for this. It gives the security that you needed, since I'm pretty sure that it will be a large number of coins then it is logical to store it in a very secured place.

But on the other hand, if you're going to play in gambling sites; wanted to spend your money weekly or even in that specific day. What I mean is if you wanted to use it often then it is a good idea to store it in an online wallet, since probably it will not gonna be as large as what you will store in hard wallets then, you shouldn't be worrying too much to the security, just make sure that you've confirmed all the necessary confirmations.
sr. member
Activity: 336
Merit: 250
October 16, 2017, 07:15:11 AM
its better to keep your bitcoin on you desktop wallet./
full member
Activity: 210
Merit: 128
October 16, 2017, 01:17:05 AM
I will use the most secure wallet to lose my money and to get more bitcoins like online wallets here they are also secured and no need to know your password you need only nothing else as long as you do not know and maybe your account may be hacked.
newbie
Activity: 53
Merit: 0
October 16, 2017, 12:21:06 AM
I dont believe in all trade web sites wallets in maintaining my bitcoins even although they say that they are secured,simply because i previously experience hacking troubles on some trade web sites so i dont have faith in all internet site now,i often use shop my bitcoins on paper wallets
sr. member
Activity: 448
Merit: 250
October 15, 2017, 03:50:51 PM
I was just putting my bitcoin in my web wallet and wait to grow the price i am also joining in some bounty campaign just to earn some extta bitcoin to add my earning

I also used online wallets for keeping my bitcoins but I planned to use other wallets that are offline because my friend told me that it is safer.  The security of my earnings is very important after all. Just like you, while keeping updated with the market prices I also join signature campaigns in order to earn more bitcoins. I also do trading because there is bigger profit in here than just waiting for the price of bitcoin to go up.
newbie
Activity: 5
Merit: 0
October 15, 2017, 03:47:05 PM
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


When I encounter Crypto currency I started to keep my bitcoins with my blockchain account, then when I started to learn crypto trading I deposit my btc at the trading site, then I buy some alternative coins from that exchanger.   
full member
Activity: 308
Merit: 100
October 15, 2017, 03:41:09 PM
Op has the plan to save a the bitcoins for more than 5 years. In between he's not gonna use it, so its better to store it in a hardware wallet and keep it secure. For added security have the backup as well keep the public key secretly.

You may also try to increase the security of your backup files through encryptions and make sure you don't fall for any scam , malware or links in the internet that may compromise your account securities. I think each wallet offers dependable security capabilities and the rest is up to us to protect our bitcoins.
newbie
Activity: 35
Merit: 0
October 15, 2017, 03:16:11 PM
One of the most popular and cheapest options for keeping your bitcoins safe is something called a paper wallet. There are several sites offering paper bitcoin wallet services. They will generate a bitcoin address for you and create an image containing two QR codes: one is the public address that you can use to receive bitcoins; the other is the private key, which you can use to spend bitcoins stored at that address.
sr. member
Activity: 532
Merit: 284
October 15, 2017, 01:50:38 PM
if i earn bitcoin. i would like to spend my bitcoin in share market . I use an online wallet service also. and i would like to save some money in my wallet in future.

Well that is pretty obvious for someone like me who is aware and have quite the knowledge, but for those who are new to the community then yes, it will be stored in a wallet. I don't know what kind of wallet you are going to use so it is necessary to research the different kinds of wallets, what are their advantages and disadvantages, well depends on how you will use it though.
newbie
Activity: 13
Merit: 0
October 15, 2017, 01:21:33 AM
Currently I am not holding that many coins. So I am keeping them in my online wallet. If my holdings get considerably bigger (i.e. more than BTC1), then I will consider moving them to a hardware wallet such as Trezor. Keeping large amounts of coins in online wallets is not 100% safe. Also, there are a lot of wallet robberies going on right now.
full member
Activity: 280
Merit: 102
Passive Coin - low supply coin with backing fund!
October 15, 2017, 01:17:42 AM
I keep my Bitcoins in blockchain.info and in Bittrex exchange.
However, for sake of my project purposes, I need to open extra safe browser-based multi-wallet, where I can easily control private keys and keep them offline.
full member
Activity: 456
Merit: 100
October 15, 2017, 12:58:33 AM
I use an online wallet (blockchain) even though this is not safe, I keep my bitcoin not too long and I will soon sell it. than I keep it on the desktop will be easier in attack the virus and my coins will be lost.

We are both in the same case, my money is in the blockchain wallet and I am thinking in saving them in the desktop but I thought to be hacked by a virus, especially that the viruses are in very important numbers in our days and thet could enter in your PC any moment by the internet.

You guys should try using ledger nano or trezor, these two are hardware wallet.
If you wanna secure your coins you should also invest in your wallet, yeah it's quite expensive but worth for the price.
full member
Activity: 392
Merit: 100
October 14, 2017, 11:46:13 PM
if i earn bitcoin. i would like to spend my bitcoin in share market . I use an online wallet service also. and i would like to save some money in my wallet in future.
full member
Activity: 231
Merit: 100
October 14, 2017, 11:33:05 PM
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


The way i'm keeping my bitcoin is through online wallet.i'm keeping it in a block chain wallet paper wallet seem good too. but i am planning on having my bitcoin in an online keeping.
member
Activity: 66
Merit: 10
October 14, 2017, 11:14:45 PM
Though I shop my bitcoin on on the internet wallet (blockchain most if it), but many thanks to this forum that produced me to understand that it is not protected and obtaining a desktop or paper wallet is far better. Nonetheless making an attempt to decipher which to use although.
full member
Activity: 322
Merit: 100
October 14, 2017, 05:24:50 PM
I was just putting my bitcoin in my web wallet and wait to grow the price i am also joining in some bounty campaign just to earn some extta bitcoin to add my earning
full member
Activity: 308
Merit: 120
October 14, 2017, 05:10:02 PM
I use an online wallet (blockchain) even though this is not safe, I keep my bitcoin not too long and I will soon sell it. than I keep it on the desktop will be easier in attack the virus and my coins will be lost.

We are both in the same case, my money is in the blockchain wallet and I am thinking in saving them in the desktop but I thought to be hacked by a virus, especially that the viruses are in very important numbers in our days and thet could enter in your PC any moment by the internet.
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