How do you keep your bitcoins? - page 27.

BitDiscussion

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Quote from: carlisle1 on September 05, 2017, 02:16:29 PM

Quote from: Playboi on February 16, 2017, 05:02:49 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

On that case where you are going to keep your coin to a secured wallet for safety, probably an offline storage would be a good choice for you because online wallets is just supposed to be good only at transactions and for some services .

I am myself not in favor of online wallets. There are maximum chances of getting hacked when you are dealing with online wallets. It is never recommended to keep all your coins in one wallet if it is online. The best way of storing your coins is to download some good offline wallet.

longml

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Keeping pennies in the online form is also not a bad idea, Kepping it depends on how big the money is, the more money you have, the more you should increase the security level by using this type of purse. And as mentioned, Vault Physics is the best type, also vulnerable, like theft, lost it.

raymart0720

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there are wallet that can store offline..
it cost you money but the assurance in terms of security and safety you need is in there..
... i am storing mine with the safest i think here in our country online and these past years I haven't read or hear that there is something happen to their coins storing in COINSPH

chuitahgn

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In my opinion, I keep my bitcoin through online money trading. I have used my bitcoin as an investment in poloniex and it is growing bigger and faster. It multiplies in it. And it is recommended and it is legal and not a scam.

migolmigol

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I do not have any bitcoins yet. I am still studying the bitcoin market. But I am planning to put it in coins.ph

Francer

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I hold my coin on the blockchain wallet application, although i have go through some adverse critiques about this.Â I would significantly choose to maintain a paper wallet but i do not come to feel particularly self-confident about that approach at the moment.Â My purpose is to eventually keep a paper wallet although, the far more i learn from forums like this about how to operate a paper wallet, the quicker i can kind of go above to a paper wallet.

cybersofts

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Quote from: Playboi on February 16, 2017, 05:02:49 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

Keeping bitcoin is easy.
The best way to save bitcoin online is using Xapo.
Xapo is the most secure bitcoin wallet out there.
For offline bitcoin saving use Ledger Nano wallet for backup and everything.

djablom1

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I would keep mine in a wallet or at a website where it is safe to keep them.

like blockchain wallet or electrum wallet.

carlisle1

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Quote from: Playboi on February 16, 2017, 05:02:49 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

On that case where you are going to keep your coin to a secured wallet for safety, probably an offline storage would be a good choice for you because online wallets is just supposed to be good only at transactions and for some services .

najmul33

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Activity: 476

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Actually, I keep my bitcoin on online wallet, its very easy to use. It's risk, but there is no problem me because ill use google AUTHENTICATOR, and i dont have so much Bitcoin in my wallet

Zagitta

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Presale is live!

Currently in wallet. I used to hold them in online exchanger sites, but no more.

Machine Funk

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Quote from: Colt81 on September 05, 2017, 12:22:25 PM

Quote from: Tyrantt on February 16, 2017, 05:57:22 PM

currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now.

Well, there are lot of ways to keep your bitcoin. In addition to that, you can keep your bitcoin on online wallet and offline wallet. Using of wallet will help you to keep your bitcoin safe and secure. Lastly, both of them has private key that your'e the only one who knows it.

Just use electrum wallet. It's so awesome. You don't even need to sync because it does that online. The big difference here is electrum allows you to import a private key. A private key is the best way to stay secure and backup on my opinion and easiest too.

s31joemhar

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Quote from: Tyrantt on February 16, 2017, 05:57:22 PM

currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now.

yeah i'm also in the blockchain I just keep my bitcoin if i have bitcoin
then i will not use on trading i will keep only on blockchain then after a few year
im sure bitcoin is very expense then i will sell it and take a profit

Reid

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Quote from: Faith Joy on September 05, 2017, 12:31:12 PM

Quote from: Playboi on February 16, 2017, 05:02:49 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

I keep my bitcoins at coins.ph Coins.ph is an online application walket in where you can keep your bitcoin.With coins.ph your bitcoin will not be stagnant.Your bitcoin has the abilitybto increase through transactions that you do.

That is a website wallet and you might want to be careful with that. With all the things that are happening specially with bitcoin price surging up like this it can be possible that something wrong might happen. Just be very careful and use those who can stay long and proven trustworthy. I know Coins.ph is trusted but it will be better to be safe. Why not just send the amount of bitcoin that you need when you are doing the withdrawal. Do not put it all there.

Faith Joy

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Quote from: Playboi on February 16, 2017, 05:02:49 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

I keep my bitcoins at coins.ph Coins.ph is an online application walket in where you can keep your bitcoin.With coins.ph your bitcoin will not be stagnant.Your bitcoin has the abilitybto increase through transactions that you do.

n0ne

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Quote from: Colt81 on September 05, 2017, 12:22:25 PM

Quote from: Tyrantt on February 16, 2017, 05:57:22 PM

currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now.

Well, there are lot of ways to keep your bitcoin. In addition to that, you can keep your bitcoin on online wallet and offline wallet. Using of wallet will help you to keep your bitcoin safe and secure. Lastly, both of them has private key that your'e the only one who knows it.

Yes, there are lots of availabilities for holding bitcoin. The most used wallet service is the online wallet, and for long term holding offline or desktop wallets were preferred. For more security requirement it's good to enable most of the security features.

cryptojeebus

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mine are all over the place unfortunately. I have some on the exchanges, and various ones at that. And some in a soft wallet.

Colt81

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Quote from: Tyrantt on February 16, 2017, 05:57:22 PM

currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now.

Well, there are lot of ways to keep your bitcoin. In addition to that, you can keep your bitcoin on online wallet and offline wallet. Using of wallet will help you to keep your bitcoin safe and secure. Lastly, both of them has private key that your'e the only one who knows it.

Lmaooo

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I saved my bitcoins online via Electrum wallet and sometimes using offline wallet called Trezor wallet for more security. Cool

Larva14

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Quote from: philiveyjr on February 16, 2017, 05:32:17 PM

I keep my bitcoins on a offline wallet which I keep just to store, otherwise I have my bitcoins on localbitcoins(low volume) in case i'm outside and need some money in my bank account. It works very well for me and I'm very happy with it as of now.

Actually, I keep my bitcoin on online wallet and its very easy to use. In addition to that, I use online wallet because I can use it to pay my bills and I can also transfer money. Using online wallet is one of the best way to keep your bitcoin but you can also use offline wallet because both of them has a private key that you need if you want to use or open your wallet.

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