I am keeping my bitcoin in a ymtrading site so that whenever a price of an altcoin which I wanted to buy decreases I am ready to buy it. I don't hold that much so I guess it will be fine. If you hold a lot I guess a paper wallet will be of much help.
I think you cannot just store bitcoin and just wait until it grows , I guess someone has to move for the profit to increase. Just my thoughts.
Topic: How do you keep your bitcoins? - page 24. (Read 48802 times)
Until now I am still using online wallets and nothing goes wrong. It is the responsibility of the user on how he can make sure that his bitcoin is safe and secured. So always be aware on what you click and what site you visits. I am so curious how does hardware wallets really works, I just knew it is expensive.
Yeah that would really be the responsibilities of the user, so blaming those online wallets is illogical in a way. Being aware by having knowledge about so many things about the internet and these different site that just wanted to click bait us so be careful really.Its not that expensive really, its just that it is quite customized since it really need to have a very serious kind of security and all.
i keep my bitcoins into the one bitcoin address that i might i'm the only one that have access in the private key. Supposedly on what bitcoin value right now still down i might be so nervous if should i convert it into fiat
I keep my bitcoin by also investing to other good platforms which has a good track record, since if I just hold on to it , yes the price will be much higher but it doesn’t change the fact that the amount will still be the same like in the banks. That’s why investing half of my bitcoins and keep in the other half is my way in handling and keeping my bitcoins with result.
Ledger nano is great, safe way without worry. Worth it.
I've used Cryptosteel in the past. It's virtually indestructible and looks attractive to the eye. It takes some getting used to though, but there are YT tutorials.
How do you currently store your coins
Nowadays, they can be safely stored for days or weeks just by spending them.
For now i keep bitcoin using etherwallet and i think it will safe to store my coin their, so i trust them for now to storing my coins. Soon i will get that coin to save it to the bank for the future purpose.
I use cold storage and multiple devices with my seed stored in different locations with half written in either place. I also memorize them just to be sure.
How do you currently store your coins
Nowadays, they can be safely stored for days or weeks just by spending them.
For now i keep bitcoin using etherwallet and i think it will safe to store my coin their, so i trust them for now to storing my coins. Soon i will get that coin to save it to the bank for the future purpose.
Ledger nano is great, safe way without worry. Worth it.
I save bitcoin in wallet, if normal bitcoin price usually I ventured to follow the trading, but if bitcoin price is not healthy usually I just follow the signature campaign to increase my bitcoin purse pot in the wallet
I always use exchange wallet before but I think now I will withdraw to my offline wallet after see many exchange down
Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.
How do you currently store your coins
Nowadays, they can be safely stored for days or weeks just by spending them.
For now i keep bitcoin using etherwallet and i think it will safe to store my coin their, so i trust them for now to storing my coins. Soon i will get that coin to save it to the bank for the future purpose.
never trust any online site,it may get banned any time and you might loose your money,rather than that use wallets like block chain and mycellium.
Btw i use mycellium,decent security and no server issues.
Btw i use mycellium,decent security and no server issues.
how to store bitcoin it depends on each trader, if I store bitcoin simply by using a password that is not in the know crowd, because bitcoin can be made in money and can be taken at counter counter online, such as BANK
In a wallet i like to use blockchain because last year my friends bitcoin got hacked and that is when he realized he needed a better wallet and that is when he chose blockchain and told me about
it and i use it too and there has never been any problem at all.
it and i use it too and there has never been any problem at all.
Until now I am still using online wallets and nothing goes wrong. It is the responsibility of the user on how he can make sure that his bitcoin is safe and secured. So always be aware on what you click and what site you visits. I am so curious how does hardware wallets really works, I just knew it is expensive.
Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.
Basically, the reason of many small time traders why would they keep their coins in a trading site because of the fee. The fee was way too high for a small trader to move and move it always. So it's just okay, just make sure if you have made your volume high move it man. You'll never know when will this online wallet will shit you, so if you are planning to keep a couple of thousands for 5-10 years try using a paper wallet. Its just simple and easy to use so i think you wouldn't have a problem using it, partner it with electrum or other offline wallets. Then keep your private key or paper key in a safe place.
investing heavily in altcoins is extremely risky. you know the bitcoin the main character of all coin. and I would like to advise you on the actual bitcoin that is worth your investment rather than altcoin. something can happen to the price altcoin down or lost so to minimize the things that happen like you should invest on bitcoin do not be afraid to be lost because it is all full of control.
yes i agree keeping bitcoin trough investing is a great way to make some more bitcoin .because if you only keep it in a wallet maybe you can think to buy anything which is not verry important .so then i also suggest that we need to invest our bitcoin to have more profit in the near future than only keeping it . Jump to: