Topic: How do you keep your bitcoins? - page 35. (Read 48802 times)
I use online wallet like blockchain to keep my bitcoin as of now. I heard that it is safe to keep it on hard wallet or cold storage but I don't have those yet so I am sticking with online wallet as of now.
i choose online service to store my bitcoin
i use blockchain and coinbase
blockchain for long term and coinbase for short term
i use blockchain and coinbase
blockchain for long term and coinbase for short term
I dont actutally store my coins. I have invested all my coins in investbox in yobit and some are busy trading. I get enough profit daily by investing and trading. Even i am looking for a big investment. If you get any good investment site with a really good interest rate, let me know via pm. I would surely like to invest my coins in a good huge investment site for some really good profit. Trading has became much more risky these days, even a good research fails some times due to pumping and dumping groups so im looking to leave trading and make some profit by investing or lending my bitcoin.
Keep your main stash in a hardware wallet. I prefer the Trezor over the ledger, but I haven't tried the ledger blue yet which seems to be more advanced so someone let me know if that is a good option. Have to keep some on Poloniex as well just incase I need some quick altcoins!!
Since i dont hold any big volume of bitcoins my coins are always into two places, poloniex where i can trade or lend them and he other part is at blockchain since i do use them for a long time and havent any issue, just didnt liked the extra fees they started to charge to moove funds from other wallets we have.
Poloniex and sites like c-cex are commonly used like you said for keeping funds but also since the fees has increased significantly, people take the help of these exchanges as they send out mass payouts and hence lot lesser fee is given. I am not sure if it's a good idea to keep bitcoins in a online wallet like poloniex but for sure it's much easier and convenient and no long blockchains need to be downloaded.
long term paper wallet, wouldnt invest hard wallet thing for now.
I will suggest you safe them in an offline wallet since you have a large amount of Bitcoin and you want to safe save them for a long period of time. For saving such amount in online wallet paper is some how risky for that kind of period you want to safe them. I have some of my own saved in an offline wallet for fear of unknown.
I'm using a desktop wallet. It has proven to be very reliable. Many people are using online wallets, but I don't completely trust online sites and feel better having coins on my desktop.
I never bothered with offline/paper wallets, I'm not that scared of being hacked.
I never bothered with offline/paper wallets, I'm not that scared of being hacked.
Desktop clients are fine in terms of using them for the regular sending and receiving practices on a daily basis. Paper wallets are meant to provide people an ultimate form of offline cold storage. It will make any hack attempt unsuccessful, plus you are not exposing yourself to the risk of a system crash that might result in potential data loss, or that your HDD suddenly stops working completely. It's a complete form of protection. You should value your coins more, hackers are not the only threat....
Well, to be absolutely accurate, you don't technically store bitcoins anywhere. What you store are the secure digital keys used to access your public bitcoin addresses and sign transactions. This information is stored in a bitcoin wallet.
Bitcoin wallets come in a variety of forms. There are five main types of wallet: desktop, mobile, web, paper and hardware. Here’s how they work.
Bitcoin wallets come in a variety of forms. There are five main types of wallet: desktop, mobile, web, paper and hardware. Here’s how they work.
I m storing my bitcoin in coinbase. As i don't have much, i am trying to keep it safely for future.
I would like to suggest you it's OK to keep your Bitcoin such of a third party exchange site in beginning, but you should conscious the security issue cause cause Coinbase not the best solution in the coming days. You turn off this service and will accept another secured wallet, which offer private key and so on like this.
I'm using a desktop wallet. It has proven to be very reliable. Many people are using online wallets, but I don't completely trust online sites and feel better having coins on my desktop.
I never bothered with offline/paper wallets, I'm not that scared of being hacked.
I never bothered with offline/paper wallets, I'm not that scared of being hacked.
I m storing my bitcoin in coinbase. As i don't have much, i am trying to keep it safely for future.
Since i dont hold any big volume of bitcoins my coins are always into two places, poloniex where i can trade or lend them and he other part is at blockchain since i do use them for a long time and havent any issue, just didnt liked the extra fees they started to charge to moove funds from other wallets we have.
The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.
i think bitcoin hardware is quietly good, and interesting . i dont even try it before but my friends told me that , that could be good and nice. many people are using it now and they want it because they can use them or they can see it even it is offline as far as i know if im not mistaken, but for me even an online wallet is good as long as you have a security options on it.Hardware wallets are safer and risk also more in this wallet. No one can hack your wallet but your bad luck your hardware crashed that's it. Everything will be gone you can not take back your stored coins with any software. So better save your coins in different web address this is safe, and you can use it whenever you want. Harware wallets are not user friendly, but it is safer than web wallets.
The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.
i think bitcoin hardware is quietly good, and interesting . i dont even try it before but my friends told me that , that could be good and nice. many people are using it now and they want it because they can use them or they can see it even it is offline as far as i know if im not mistaken, but for me even an online wallet is good as long as you have a security options on it. Quote
How do you currently store your coins
The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.
When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.
The situation will change when you start active in the trading market, you will tend to do a lot of transactions without letting bitcoin remain silent, I see you consider bitcoin as a fixed asset, that's good. Currently I consider bitcoin an asset that must be traded, how to keep bitcoin is to make it productive continuously.
When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.
The situation will change when you start active in the trading market, you will tend to do a lot of transactions without letting bitcoin remain silent, I see you consider bitcoin as a fixed asset, that's good. Currently I consider bitcoin an asset that must be traded, how to keep bitcoin is to make it productive continuously.
When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.
I keep my bitcoins partitioned into couple of online wallets. I know it's not most secure place to keep bitcoins, particularly if wallet don't gives your private keys
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