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Topic: How do you keep your bitcoins? - page 16. (Read 48804 times)

member
Activity: 176
Merit: 12
October 14, 2017, 05:01:11 PM
I keep my Bitcoins at an exchange. Only because I'm daytrading though Wink Hardware wallets and off-exchange wallets are recommended. Don't get Mt.Gox'd.
sr. member
Activity: 434
Merit: 250
October 14, 2017, 04:55:55 PM
I think it would be better to keep it in a private wallet instead of on the wallet exchange
You are right, mate, It's more risky if you save you bitcoin in an exchange service, It's better to save that in a web wallet or in an offline wallet. Personally, I store my bitcoin in my two web wallets which it blockchain and xapo, but i always use my blockchain wallets, because i think it's more secure and also easy to use, Furthermore, bitcoin transactions fees in blockchain is more low than xapo.
newbie
Activity: 21
Merit: 0
October 14, 2017, 04:16:31 PM
I think it would be better to keep it in a private wallet instead of on the wallet exchange
full member
Activity: 252
Merit: 101
October 14, 2017, 09:42:10 AM
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

In my country we have a local wallet for bitcoin and it safe to keep there. But I don't put all my bitcoins there because I'm using it for trading alt coins.
agree, although i look forward to bitcoin, i keep it on the exchange to make the trading, and i think exchange is much safer than years ago, i rarely heard exchange hacked now, and i believe even hacked, exchange will pay for the users, of course, it should be large exchange
hero member
Activity: 1305
Merit: 511
October 14, 2017, 08:32:47 AM
I keep my Bitcoin at Bittrex Exchange and Bitcoin at the coinbase in the account.I think i will trade and make some bitcoin profits. Grin Grin
Just an advise, do not put all your bitcoin in exchanges and online bitcoin wallets because they are risky and you can lose your bitcoins because the exchanges are not worthy to put your bitcoin because you don't have the private key of their wallet where you can recover your bitcoin once they got hacked or have some problems in handling bitcoins. So it is better to have a personal wallet like hardware wallet in keeping your bitcoins.
I agree with you. I keep my bitcoins on the hardware wallet Trezor. In my opinion - this is one of the best options for the safe storage of bitcoins. I have been using it for three years and i'm very satisfied.

Even you can try coin base. I am using Coin base  for more than two years. It's a trusted one.It's a offline wallet. You can keep your bitcoin .I had keep till it reach the value of 0.5 BTC.I think, you can make more then that value. I think you can keep more than 1 Bitcoin. To store in a wallet, you need passion to save bitcoin.
full member
Activity: 518
Merit: 100
October 14, 2017, 08:20:01 AM
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

it's good thing altcoin always increase if you buy some coin and keep it long time. at a time you can make huge profit. but some problem for right store. now many people victim hacker. so first you need find Wright store. always better offline wallet. you want to long time hold so tell you can select offline wallet.
full member
Activity: 252
Merit: 102
October 14, 2017, 05:50:05 AM
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

In my country we have a local wallet for bitcoin and it safe to keep there. But I don't put all my bitcoins there because I'm using it for trading alt coins.
sr. member
Activity: 644
Merit: 252
October 14, 2017, 05:48:53 AM
I keep my Bitcoin at Bittrex Exchange and Bitcoin at the coinbase in the account.I think i will trade and make some bitcoin profits. Grin Grin
Just an advise, do not put all your bitcoin in exchanges and online bitcoin wallets because they are risky and you can lose your bitcoins because the exchanges are not worthy to put your bitcoin because you don't have the private key of their wallet where you can recover your bitcoin once they got hacked or have some problems in handling bitcoins. So it is better to have a personal wallet like hardware wallet in keeping your bitcoins.
I agree with you. I keep my bitcoins on the hardware wallet Trezor. In my opinion - this is one of the best options for the safe storage of bitcoins. I have been using it for three years and i'm very satisfied.
hero member
Activity: 2590
Merit: 644
October 14, 2017, 04:57:02 AM
I keep my Bitcoin at Bittrex Exchange and Bitcoin at the coinbase in the account.I think i will trade and make some bitcoin profits. Grin Grin
Just an advise, do not put all your bitcoin in exchanges and online bitcoin wallets because they are risky and you can lose your bitcoins because the exchanges are not worthy to put your bitcoin because you don't have the private key of their wallet where you can recover your bitcoin once they got hacked or have some problems in handling bitcoins. So it is better to have a personal wallet like hardware wallet in keeping your bitcoins.
newbie
Activity: 25
Merit: 0
October 14, 2017, 03:59:04 AM
We all have to keep bitcoin in a secure area, with robust safety and in a trustworthy place. I use the regional exchange internet site to maintain bitcoin, it is quite protected, it has some ferification stage to go bitcoin.
newbie
Activity: 39
Merit: 0
October 13, 2017, 11:35:43 AM
maintaining bitcoin at paper wallet is ideal spot, but for me creating rig mining is much more interesting, i can get income daily and ofcourse i can sell my components as gamer rig way too, if not profitable any longer...
full member
Activity: 295
Merit: 104
October 13, 2017, 09:26:27 AM
When a person gets bitcoin, most of the bitcoin is stored in triv application, then transferred to the local currency to be used meet the various needs of life.
full member
Activity: 448
Merit: 100
October 12, 2017, 05:19:39 PM
I keep my Bitcoin at Bittrex Exchange and Bitcoin at the coinbase in the account.I think i will trade and make some bitcoin profits. Grin Grin
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
October 12, 2017, 12:33:37 PM
First I used ethrum wallet then I start to use coinbase.it's safe  & easy to transfer bitcoin.
newbie
Activity: 42
Merit: 0
October 12, 2017, 10:22:03 AM
Aside from making use of it as a location to purchase bitcoins, I keep my coins at Paxfulbecause it really is a wallet and I wanna purchase anything from Amazon from time to timeand I get my reward playing cards there.
legendary
Activity: 1330
Merit: 1003
October 10, 2017, 11:25:05 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.

Blockchain.info is quite safe as long as you use it properly and take advantage of the security measures they offer. Otherwise, if you do not use 2-factor authentication at least then of course your account is at risk of getting hacked. That is a given. You need to first and foremost make sure your device is not hacked in any way... no trojan horses, viruses, keyloggers, etc. Otherwise it doesn't matter what security methods you take you are going to lose everything.
full member
Activity: 406
Merit: 100
October 10, 2017, 11:23:08 PM
i save Bitcoin in wallet online as Blockchain.info and Coinbase because both wallet it's very safe and very simple to use.
I would recommend these wallets to you.

Paper wallet
Jaxx.io
Coinomi Apps
Blockchain wallet.

As a result of these wallets they provide your phraprases / private keys so you can be sure that no wallet can manipulate you. And of course you are safe from hackers and other elements that would steal your bitcoins. Do not just let them know or lose their private status because people who have seen your private keys can open it.
full member
Activity: 640
Merit: 104
October 10, 2017, 11:15:03 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.
member
Activity: 66
Merit: 10
October 10, 2017, 04:42:54 AM
Though I store my bitcoin on on-line wallet (blockchain most if it), but thanks to this discussion board that created me to realize that it is not secure and possessing a desktop or paper wallet is greater. Nevertheless making an attempt to decipher which to use although.
member
Activity: 66
Merit: 10
October 08, 2017, 05:28:28 PM
I preserve bitcoin in some nearby and global wallet exchanger. I use both wallets simply because I focus on investing, and conserving in local wallet exchanger tends to make it simple for me to withdraw funds
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