Currently, I donot have much bitcoins to actually justify buying a hardware wallet. Its just signature campaign earnings and small transactions, buying small stuff here and there, that kind of thing. Electrum, on a pretty tightly secure computer works more than fine for me, and it even allows me to customize many things to the finest bit, like transaction fees and stuff.
If you have a lot of bitcoins, that you do not want to lose/cannot afford to lose, thats the time when you have to go to the hassle of storing them on a paper wallet, buying a hardware wallet or using cold storage. These methods are pretty inconvenient, atleast for my tastes, as they have tremendous amounts of security, and its just a lot of awkwardness navigating through all of that security, but its a must for any big amount youre keeping.
Topic: How do you keep your bitcoins? - page 2. (Read 48800 times)
I keep most of it on a Trezor. I keep a little on an exchange and on my poker account as well, but only trust my Trezor 100%.
Store bitcoin well without anyone else knowing about the bitcoin we have, for fear of being stolen, so we have to take good care of the bitcoin we have.
I never use a trading site or an exchange site to store my coins and I will never suggest it to anyone else. It will be vulnerable to theft, fraud and hacker attacks. Use according to function only. I just keep my coins in the wallet, it would be better if you have a hardware wallet.
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. The private keys and digital signatures needed to spend bitcoins are generated via these wallets. Like the way you set up any wallet, you need to write down the seed word (recovery phrase) on a piece of paper and store it in a safe place. Prefer making 2-3 copies & distribute it. And as your keys are offline, there is no possibility of getting hacked.
There's a lot of way to keep your bitcoin, like using other wallets, to put your bitcoin that you think you money is secured and trustly to hide your money in that wallet, online wallets required an personal informations like your identity and choose a hard password that it not easy to know of other people.
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 bitcoins in an online wallet application which is Coins.ph, this kind of application is very useful because of its some features such as it can use to pay your bills online, you can convert your bitcoin into fiat and ethereum, you can buy loads online, and it has a good security and it is safe on your hands. 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 application called coins. ph. It will serve as my bank because if in case of emergency I have a way to get money with less hassle. This app is trusted because there's a lot of person that I know use it.
I kept my bitcoin in paper wallet, cold storage app such as mycelium.
I store my btc on my btc wallet like a blockchain wallet so no one knows it. so I can trade it for a great deal when bitcoin value grows. now I store mona on my blockchain wallet for d get others.
i would like to keep my btc in a secrete private palce. you sad nice to use off line wallet to keep btc. i ditnt use off line wallet yet coz IDK how get thet offline money.,
where am i going to get or register that kind of offline wallet you said. where i can go for to get some info about .
where am i going to get or register that kind of offline wallet you said. where i can go for to get some info about .
Offline wallet that's what I think is the safest place for bitcoin.
I usually divide my bitcoin into two portions, that is why I have 2 wallets. As a computer programming major, I know that there are ways to infiltrate or hack one's coin wallet or credentials. So, I don't feel really secure knowing that such things may happen. This is why I prefer to divide my bitcoin and store them to two different wallets.
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’m saving my bitcoin in blockchain.info online wallet. last three days i found too many problems with this wallet.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
now i will buy new hardware wallet.
I am keeping my bitcoin with the use of online wallet. Although it seems to be risky, i trust my self just to make my bitcoin safe. Online wallet requires personal information which makes me feel worried on my safety however it is worth to try on using only for the sake of my bitcoin.
I save btc on blockchain info while trading on bittrex.
I'll keep my bitcoin in trading, there are so many wallets where you can put or hide bitcoin, for me so, others do not get my bitcoins I put in trading like bittrex or coins.ph.
There are a lot of methods to keep your bitcoins online. You can get a hardware wallet or save them on your account so you can use them for transaction in the future.
To be honest, it depends on the wallet or even the site you want to trust your funds. If you are a keen observer, you should know where you feel comfortable with your money and read articles about your site or your online wallet. Because I store my bitcoin on a site where I can instantly convert my money into my country's currency but we all have different preferences so we should not put all in one place.
I keep bitcoin to my coin wallet to hold to remain my bitcoin if the value of bitcoin is increasing my bitcoin is increasing.I standby my bitcoin to maintain my balance of my bitcoin.I keep bitcoin in the way I am accumulating it when bitcoin rises big enough to be released or big enough money.
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