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Topic: How do you keep your bitcoins? - page 37. (Read 48802 times)

sr. member
Activity: 938
Merit: 256
June 19, 2017, 05:39:04 AM
Currently i save bitcoin in coinbase and there are some of my coins in bittrex for my trading, although every day i only get 1% profit from my capital, but i am optimistic someday i will get a decent income in bitcoin.
copper member
Activity: 484
Merit: 110
June 19, 2017, 05:17:06 AM
I keep my Bitcoin in some wallet of online. So it's feel safe. I also trade with my coins in Bittrex.
sr. member
Activity: 357
Merit: 260
June 19, 2017, 04:03:55 AM
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. Smiley

I save my bitcoin in my web wallet. Yes, it is risky, but for me, the riskier is the offline wallet. Currently, I'm using online wallet it is much safer than offline because in offline you can access on your wallet even without internet connection, but in an online wallet, you can't access it unless you have an internet connection. I think that the two types of wallets are offline and online and both of them has advantages and disadvantages. Obviously, the advantages and disadvantages is like what I have told above. Use your wallet as safest as you can. There's a lot of tricksters in this world so observed it for you to be safe.
sr. member
Activity: 256
Merit: 255
June 19, 2017, 03:45:41 AM
I save bitcoin in my online wallet. But separate. But with a small amount. That's all I get from the signature and bounty sosmed. Sometimes I'm widraw to vip wallet. Me for my daily use needs. Yes that's how i use my wallet
Same here. i also stored my bitcoin to my online wallet.Most of the people use online wallet for small transaction.But this forum member always said that use desktop wallet for storing your bitcoin. but for storing desktop wallet i need minimum 1BTC. when i have,i will store them on desktop wallet.
sr. member
Activity: 532
Merit: 284
June 19, 2017, 02:15:32 AM
I save bitcoin in my online wallet. But separate. But with a small amount. That's all I get from the signature and bounty sosmed. Sometimes I'm widraw to vip wallet. Me for my daily use needs. Yes that's how i use my wallet

It is also advisable to use offline or desktop or hardware wallets, for more security. Although online wallets are more flexible cause its "online", hardware wallets have the best security of them all.
full member
Activity: 224
Merit: 100
June 18, 2017, 08:38:33 PM
I save bitcoin in my online wallet. But separate. But with a small amount. That's all I get from the signature and bounty sosmed. Sometimes I'm widraw to vip wallet. Me for my daily use needs. Yes that's how i use my wallet
hero member
Activity: 1022
Merit: 538
June 18, 2017, 08:00:15 PM
Same thing any skilled broker would do with large sums of money. Scatter them in various different accounts or better yet in different exchange commodities (diversifying your portfolio) such as having x amount in x and y wallets, y amount in some type of bitcoin investment option such as a security or other low-risk/high protected account (do things such as federally insured treasury or highly rated AAA bera bonds exist yet for BTC)? and z amount in some online wallet that you could dump a lot of currency easily if you had to.
Well it's really an important issue to keep your Bitcoin with you specially to keep it safe and insecure there is a common way to keep your Bitcoin with you as there is a rule present in market as digital wallet.It seem to be a secure step for it now a days but almost as known as you do preventive measure correctly. Difference handling according to the amount or bitcoin you have if you have small amount of Bitcoin in online digital wallet if you have some large amount of Bitcoin it would be good to keep in an offline wallet it's a very secure option.
full member
Activity: 228
Merit: 101
June 18, 2017, 07:29:20 AM
I have Bitcoin placed in a huge amount of places online and I am not sure how much I have offline.
Bitcoin isn't really that important to me so there isn't any point of tracking it down when the price is only $1,034.9.

If the price was maybe $1,000,000,000 per coin then maybe I would try to look for them.

Wow, this bitcoin's price is not fixed because bitcoin's price is volatile and even though bitcoin's price is like that I won't call it that it is not that important because of its price? lol. You might regret it because even though in this case you could still make some profits in the long run if you are going to pay attention on it.

Investing your money on bitcoin is a good choice, but of course to have this profits that I'm saying, you have to check it every week or every day just to make sure that you are monitoring the bitcoin's price history for you to know if you are making profits or not.
sr. member
Activity: 336
Merit: 252
June 18, 2017, 06:47:58 AM
I keep mine in a very lightweight desktop wallet called electrum. Currently that is the best option I have because I don't have an extremely high amount of bitcoin that would require a hardware wallet. In the future however, I will be buying a hardware wallet.
hero member
Activity: 924
Merit: 500
June 18, 2017, 06:32:15 AM
I keep it in my wallet, on one of the trustworthy sites, which can be for trading, see all the coins prices, i can predict the price of each coins, the rising and falling the price of all the coins,. Sometimes i'm also investing it in a gambling site.
Yes were the same. I stored my earnings in my online wallet. I believe that it is good enough. Because of its securities and because of the people who are using it. It has a code that need google auth. It is safe i am very sure of that. And if i have a laptop i will use electrum wallet  too , a hardware wallet that is for laptop. Other said that electrum is kinda good too.
hero member
Activity: 1190
Merit: 500
June 18, 2017, 06:21:59 AM
I keep my bitcoin into online web wallet.  I know that many peoples don't gibe a trust for online wallet but for now i haven't any support  equipment to keep my bitcoin into desktop wallet or cold wallet.

Same with me.  I do not have any wallet onlt the wallet I used for about two years now.  And I think it is safe to store my bitcoin in that wallet because before you could actually make any transaction, you will require to have an identification.  Illegal transactiin were blocked, I heard it on some of my friends.  So it is okay for me to just store my bitcoins there.
I also do not use desktop wallets, not because I do not have the equipment but I'm more comfortable to use my wallet online because it is easier to use and flexible. I think the online wallet is also pretty safe. I've never had a problem with online wallets
full member
Activity: 234
Merit: 100
June 18, 2017, 03:31:14 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 might want to consider using hardware wallet which as they said is the most secure to use. Online wallets on the other hand should not be your storage of all your bitcoin but you but rather store a little so that you can have bitcoin to spend easily.
hero member
Activity: 2590
Merit: 644
June 18, 2017, 02:27:19 AM
I keep bitcoin on the wallet exchanger, because almost everyday i do trade transactions. At first getting to know bitcoin i keeped using walletqt, but after understand trading i rarely use it.
Just remember that putting or storing your bitcoins there is very risky because you cannot predict if your coins will not be gone in that site because the hackers are always watching. If you want to make your coins safe then you should have a wallet for them and just put the enough amount of bitcoin that you can use in trading in order to prevent getting hacked or getting your bitcoin stolen by the hackers online.
sr. member
Activity: 924
Merit: 255
June 18, 2017, 01:44:34 AM
I keep it in my wallet, on one of the trustworthy sites, which can be for trading, see all the coins prices, i can predict the price of each coins, the rising and falling the price of all the coins,. Sometimes i'm also investing it in a gambling site.
sr. member
Activity: 1218
Merit: 254
Trphy.io
June 18, 2017, 01:17:42 AM
I keep bitcoin on the wallet exchanger, because almost everyday i do trade transactions. At first getting to know bitcoin i keeped using walletqt, but after understand trading i rarely use it.
sr. member
Activity: 476
Merit: 250
June 17, 2017, 11:28:43 PM

I keep my bitcoin into online web wallet.  I know that many peoples don't gibe a trust for online wallet but for now i haven't any support  equipment to keep my bitcoin into desktop wallet or cold wallet.

Same with me.  I do not have any wallet onlt the wallet I used for about two years now.  And I think it is safe to store my bitcoin in that wallet because before you could actually make any transaction, you will require to have an identification.  Illegal transactiin were blocked, I heard it on some of my friends.  So it is okay for me to just store my bitcoins there.
To use bitcoin desktop do not need many tools? You just need a latpop or computer? Every bitcoin user must have a personal computer right?
  You just need to install it and wait for the sync. Just that
hero member
Activity: 994
Merit: 544
June 17, 2017, 10:46:28 PM
I keep my bitcoin into online web wallet.  I know that many peoples don't gibe a trust for online wallet but for now i haven't any support  equipment to keep my bitcoin into desktop wallet or cold wallet.

Same with me.  I do not have any wallet onlt the wallet I used for about two years now.  And I think it is safe to store my bitcoin in that wallet because before you could actually make any transaction, you will require to have an identification.  Illegal transactiin were blocked, I heard it on some of my friends.  So it is okay for me to just store my bitcoins there.
sr. member
Activity: 490
Merit: 250
June 17, 2017, 10:42:15 PM
I keep my coins everywhere  Grin
I am keeping part of my coins invested in some sites.
One part of coins is in online wallet and the rest of coins are in paper wallets, in case I need them i just scan qr with my phone.
And I am holding small part of coins in exchange for trading.

That will keep you earning some of profit by holding and you are not really prone to loss your all bitcoin becauase you are dividing it to many so if one of your wallet get hack then you do have still in other wallet. Also the best is you do put it in paper wallet that is really flexible if you are in needs on money  so you just scan the qr and you are ready good to go
sr. member
Activity: 952
Merit: 323
June 17, 2017, 10:40:15 PM
I keep my bitcoin into online web wallet.  I know that many peoples don't gibe a trust for online wallet but for now i haven't any support  equipment to keep my bitcoin into desktop wallet or cold wallet.
newbie
Activity: 11
Merit: 0
June 17, 2017, 10:38:30 PM
Most of it in hardware wallet some of it in my phone using Mycelium.
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