Topic: How do you keep your bitcoins? - page 18. (Read 48804 times)
Right now I'm using Electrum. I didn't want to use Bitcoin Core because I would have to download 150 GB of blockchain history data. Electrum doesn't require me to do so and also I can control my private keys. I still haven't decided if I should buy Ledger or Trezor. Ledger seems to be better for me because it supports many altcoins and there aren't any knows attacks that work on it.
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 like to keep my bitcoin through different wallets for safety. If you have large amount of bitcoin or more than 1 bitcoin, i suggest you put it in a hardwallet. 1bitcoin or less you can put it in a wallet where in you hold your private keys such as electrum.
I suggest to store in two places. use your wallet off line and use your wallet online. because you will not be watching your wallet for a long time and if possible spreading your money to different wallet, that way you reduce the chance to lose your money at once , the important thing is to keep your private key safe and remember to keep it, because you will be investing coins for a long time.
I use coinbase wallet to keep my bitcoin. Coinbase wallet use lot of folks. Since it use very straightforward . Any individual can hold and withdrew easily.
I save Bitcoin using an online wallet service. It's a risk to be true, but there is no problem for me because I do not have much money.
If you want to make a big investment, I think you save a bitcoin in a good wallet. However, I can not guarantee you if it will be your money completely safe. And do not wait 5-10 years to see again, Bitcoin can increase the price, but it can also drop.
I keep my bitcoin on the exchange because it does not matter what will happen to him. It is important what price it will be 
I keep bitcoins in online wallet and also use mobile wallet for making transactions when I'm not at home.
online storage is bad way so i use my offline wallet with my priavte key
only access to my wallet throw pc which i only use it to send money from my wallet to other temp wallet
only access to my wallet throw pc which i only use it to send money from my wallet to other temp wallet
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
you can save in hardware wallet save your device save your private key and use 2fa
maybe its so high risk invesment in long time can loss all your balance and so high profit if bitcoin increase high price
Currently i am not holding it. But soon i will try to keep my Bitcoins and will wait for getting it at higher price. Most online Bitcoin wallets provide the option of a 2 factor authentication process. This means that whenever you log on you’re required to authenticate yourself with an additional step other than your password. Most of the time this will be a verification text message sent to your phone. Even though this may feel cumbersome at times, using 2 factor authentication reduces the risk of theft drastically.
Actually i use to convert my BTC in my currency immediately because of need of money. But one can keep it and sale it when the prices are at higher side. If your wallet stores a large amount of Bitcoins make sure to keep it in what is known as cold storage. Cold storage means your wallet isn’t present on the web or on any other computer. An example for cold storage could be a paper wallet or a flash drive that has your private key encrypted on it.
save bitcoin huh? still not thinking about it still in the stage of learning how to get bitcoin. and to date have not been able to the slightest result of bitcoin. hopefully the results of my efforts to be fruited in accordance with the wishes
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 keep my bitcoin through converting into a money then after i convert it i save it to the bank to use for the future purpose because i know that this is the safetest way to do.
I agree, it is not good to keep the bitcoin too long in the wallet online. more and more are familiar with bitcoin, crime in the online world is also more and more. Save bitcoin in online wallet for a moment and then redeem to a private bank
right now I feel safe when the bitcoin I have is already in the offline wallet because when I save in the exchanger I fear if a case like BTC-e happens again. we never know
Our bitcoins are safe and sound in an offline wallet. And that's what I'm doing since then, before I'm storing my bitcoin to an online wallet and exchangers. But many people here suggested when I was new that it's not safe to store my bitcoins there and what happened was they are right. The local wallet that I'm using started to act crazy and many of their customers now are complaining.
Yes.My suggestions for all the bitcoin holders is just keep your bitcoin in offline wallet.Why I am saying is ,many hackers are stealing the bitcoin in the online wallet by the IP address. So better to keep your bitcoin in offline wallet to make it safe for very long period.
I think there is no problem to store bitcoin in online wallet, as long as it is not for a long time. Store bitcoin in online wallet only to wait for percentage of coins if you want to trade
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 keep my bitcoin through converting into a money then after i convert it i save it to the bank to use for the future purpose because i know that this is the safetest way to do.
right now I feel safe when the bitcoin I have is already in the offline wallet because when I save in the exchanger I fear if a case like BTC-e happens again. we never know
Our bitcoins are safe and sound in an offline wallet. And that's what I'm doing since then, before I'm storing my bitcoin to an online wallet and exchangers. But many people here suggested when I was new that it's not safe to store my bitcoins there and what happened was they are right. The local wallet that I'm using started to act crazy and many of their customers now are complaining.
Yes.My suggestions for all the bitcoin holders is just keep your bitcoin in offline wallet.Why I am saying is ,many hackers are stealing the bitcoin in the online wallet by the IP address. So better to keep your bitcoin in offline wallet to make it safe for very long period.
right now I feel safe when the bitcoin I have is already in the offline wallet because when I save in the exchanger I fear if a case like BTC-e happens again. we never know
Our bitcoins are safe and sound in an offline wallet. And that's what I'm doing since then, before I'm storing my bitcoin to an online wallet and exchangers. But many people here suggested when I was new that it's not safe to store my bitcoins there and what happened was they are right. The local wallet that I'm using started to act crazy and many of their customers now are complaining.
right now I feel safe when the bitcoin I have is already in the offline wallet because when I save in the exchanger I fear if a case like BTC-e happens again. we never know
I agree with you, better keep it in the wallet offline, I think if keep bitcoin in the exchanges is have high risk because there is no private key for hold (we do not hold our bitcoin). 
right now I feel safe when the bitcoin I have is already in the offline wallet because when I save in the exchanger I fear if a case like BTC-e happens again. we never know
Like in real life, your wallet must be secured. You should be wary of any service designed to store your money online. Many exchanges and online wallets suffered from security breaches in the past and such services generally still do not provide enough insurance and security to be used to store money like a bank. Accordingly, you might want to use other types of Bitcoin wallets. Otherwise, you should choose such services very carefully. Additionally, using two-factor authentication is recommended. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money.
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