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Topic: How do you keep your bitcoins? - page 3. (Read 48800 times)

hero member
Activity: 700
Merit: 500
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December 10, 2017, 02:43:18 PM

Ledger Nano S gives you something priceless: Peace of mind!
Bitcoin is usually kept somewhere safe or somewhere that it could get spent without any issues. I like to keep mines in altcoins and leave them on an exchange.
full member
Activity: 630
Merit: 102
December 10, 2017, 01:42:41 AM
I keep my Btc in Zebpay wallet and some in Bittrex and Cryptopia. Zebpay wallet offers higher amount than the market rate.
member
Activity: 108
Merit: 100
December 10, 2017, 01:37:39 AM
I'll put it in a totally offline-generated paper purse and stored safely immune to hacking / malware / etc. The idea is you never put your private key into a networked computer until you are ready to spend Bitcoin, and even you can sign transactions on an offline computer and transfer them to an online computer for transmission using software such as an arsenal. The only way they can be compromised is to physically steal a printed private key, or perhaps a weakness in cryptography.
full member
Activity: 429
Merit: 100
December 10, 2017, 01:28:52 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

I only have Bitcoin. I don't have any other coin. So since i just have a single coin which is bitcoin, I am storing it inan app or e-wallet. In that wallet I am able to easily convert my Bitcoin into fiat whwnever i would want to. Also, I thi k it is secured since it is connected with my email address. So as long as no one knows the secret keys, it will remain secured.
member
Activity: 235
Merit: 11
December 10, 2017, 01:24:42 AM
I keep my bitcoins by lending in online wallet. Here in philippines we have coins.ph to store our bitcoin and convert to phillipine peso.
full member
Activity: 630
Merit: 103
December 10, 2017, 01:20:44 AM
In our country, we can keep our bitcoins in an application which also allows us to convert it into our own currency. It is very easy to use and there are still no reports of it being hacked.
full member
Activity: 462
Merit: 100
December 10, 2017, 01:17:31 AM
We need a  digital wallet to store bitcoin because bitcoin is a digital currency that's why we need. you can earn bitcoin using an online wallet to store your bitcoin. you can convert easily bitcoin to our currency. you can transfer money to worldwide or cash out anytime anywhere. actually, I use this wallet it is secured. I think you should use a paper wallet or make your own bitcoin and you should have your own private key.

sr. member
Activity: 699
Merit: 438
December 08, 2017, 12:03:56 PM
I keep my bitcoins by putting it on investment. Putting your bitcoin in an investment is wise choice that you should consider too.
Through this I will be able to save and generate more income allotted to secure my bright future. 
member
Activity: 140
Merit: 10
December 07, 2017, 03:03:36 PM

Ledger Nano S gives you something priceless: Peace of mind!
full member
Activity: 168
Merit: 101
December 07, 2017, 02:43:25 PM
though I have very few satoshi I store them in coinbase mobile app wallet.
i saw that alot of people are using different type of wallets but the most safest wallet is that which are in your computer because it is safe no one can use it.no virus can affect on it.if i am going to use online .it is a chance there that it can be hacked,  you are not going to supervise your wallet for a long time and if it is possible spread your money into a different wallets, in that way you decrease the chance of losing your money all at once, the most important is to keep your private key safe and remember to save it, because you are going to invest the coin for a long time
sr. member
Activity: 532
Merit: 284
December 07, 2017, 02:39:07 PM
There are so many ways on how you can store Bitcoin, the only thing that matters is, what would be its purpose? What I mean is that, if you're going to store it in a specific wallet what are your plans on that wallet, is it for holding; for daily use; for investment; for trading?

Now let me recommend some commendable types of wallets. First off, is your day to day wallet, or the coin-based wallets. If your the type of person who wanted to spend very often, then this fits right in. I mean everyone has some hobbies that cannot be tolerated.

If you wanted to go to a more secured one, or you have a lot of Bitcoins in your disposal then, a cold storage or a hardware wallet is advisable. Since the hackers wont get their hands on it that easy.

But if you're like some those person who loves to trade (talk about whales), then the exchange sites are right for you. You will get the chance to invest on various types of coins and make a lot of profits.
member
Activity: 221
Merit: 10
December 06, 2017, 03:11:26 AM
I save my bitcoin in blockchain.info because for me for now it is a trusted site. And access there is very easy, can use mobile app.
full member
Activity: 308
Merit: 101
December 06, 2017, 03:03:15 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

You can find out about the bitcoin storage wallet, there are many wallets that can store your security bitcoin number very safe and you can store as long as possible, very high security, you can rest assured to send your bitcoin into it. Here is my advice you can learn it.
member
Activity: 119
Merit: 14
December 06, 2017, 02:57:38 AM
As we know.There are so many wallet that can be use to keep our bitcoins.I use Etherwallet to save my bitcoins.So far,this wallet save to store my bitcoins.Some are using application wallet to store there bitcoins.That is up to you to use what type of wallet to keep the bitcoins. Embarrassed
full member
Activity: 756
Merit: 102
December 06, 2017, 01:24:48 AM
Well using online wallets are pretty risk especially for those who have huge amount of bitcoins on there wallets. Better to move software or any hardware wallets. I myself use the hardware wallets and store my all coins there. Glad to see you're going to invest with bitcoin but take my suggestion in your brain. Never use the online wallets you have still time to move your wallet. Spend your 100$ to any hardware wallet and save your coins for forever.


even hardware wallets can also have risk because they may be broked , damage , shocked , or steal by thiefs.  risk cant always be avoided because it is part of the game. it doesnt matter if your using an online or offline wallet , what matter the most is on how you handle them. if your careless enough and too dumb to think and act then you are always prone to some serious problems but if your smart and knows what your doing then youll gonn be just fine. anyway , in my case i usually store and keep my bitcoins in an online bitcoin wallet due to the fact that i dont really hold big amounts of bitcoin and i always withdraw them everyweek to secure their current value and to avoid the  further fluctuations.
newbie
Activity: 104
Merit: 0
December 06, 2017, 01:09:34 AM
I only put my bitcoin in two places. One is in my wallet, one is an exchange. In exchange, I usually store only 20% of the quantity. I often use the hitbtc exchange. I like this exchange very much. There are many encrypted currencies to choose from.
jr. member
Activity: 48
Merit: 10
December 06, 2017, 01:05:12 AM
I use the Blockchain app in addition to an exchange wallet
sr. member
Activity: 1344
Merit: 261
December 06, 2017, 12:46:21 AM
How do i keep my bitcoin? I keep my bitcoin in a online/offline wallet in short in coins.ph i'm so comfortable to put my bitcoins in that wallet and it is so popular wallet in our country because it is very safe, trusted, legit and secured wallet you can also convert btc to php easily and cash in or cash out without any risk.
hero member
Activity: 798
Merit: 502
December 05, 2017, 09:54:56 PM
I bought my first Ledger Nano S but its still on its way here in my country I hope to transfer all of my coin by end of this year so as of now my coins are in my respected exchange.
member
Activity: 373
Merit: 11
CryptoRex
December 05, 2017, 08:13:32 PM
i keep it into many wallets i know that is legit online wallets and still working till now..i want to invest it but still thinking for it if its good or not
I keep everything off line too, but need to have access to a little when on the go!!
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