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Topic: How do you keep your bitcoins? - page 44. (Read 48802 times)

sr. member
Activity: 546
Merit: 250
June 03, 2017, 11:33:21 AM
The best way to keep your bitcoins is in the hardware wallet.I have some of my bitcoins there and some of it is in the different legit bitcoin investing sites.You can also use the different offline wallets if you want for a better storing location.
legendary
Activity: 1372
Merit: 1008
May 12, 2017, 03:52:43 AM
70% are on exchange and remaining on mycelium wallet
I think it would be quite risky when you use most of your bitcoin and store it in a trade. Because you can see previous history, many exchanges become scam?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 11, 2017, 03:30:45 PM
i use an online wallet: ethereum-wallet.net. I heard that online wallets are risky but so far I havent had any problems. Of course if you have a lot of crytptocurrency, you should probably use an offline wallet to be absolutely safe.
You can use an online wallet if you want but you need to be aware of the risks, of using on of those services, since you are part of a big service like that then hackers will sometimes target this websites to try to steal the coins, instead if you use your own desktop wallet then you are a very small target that will not bring too much attention.
hero member
Activity: 1176
Merit: 509
May 11, 2017, 07:06:06 AM
I'd like to know what the kind of your coin because every coin has a different method to keep them in the cold storage. But Use the hardware wallet if you are trying to hold bitcoin for some years later.

I have an online wallet for my Bitcoin in case I wanted to withdraw it and convert it into fiat. I'm also int trading altcoins and just storing them on trading sites and waiting till the value increase before I sell them.
newbie
Activity: 28
Merit: 0
May 11, 2017, 06:59:41 AM
I'd like to know what the kind of your coin because every coin has a different method to keep them in the cold storage. But Use the hardware wallet if you are trying to hold bitcoin for some years later.
hero member
Activity: 2590
Merit: 644
May 11, 2017, 06:17:08 AM
As of now I store my bitcoins in different wallets. The wallets I were use are the one of the most popular and trusted wallet which is blockchain and our local wallet which have many service such as you can pay your bills, buy load and etc. the coins.ph. Our local wallet can be use with ease and you can even convert you bitcoin anytime.
That is a great wallet, i hope coinbase can also do that because i'm just a new coinbase user from the web wallet of blockchain and i don't see a feature that i can pay the bills using my bitcoins in coinbase. That is a great features that you can do stuffs like that and that is a sign for bitcoin that it can be used in anything that is related with money.
sr. member
Activity: 854
Merit: 267
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May 11, 2017, 05:30:44 AM
As of now I store my bitcoins in different wallets. The wallets I were use are the one of the most popular and trusted wallet which is blockchain and our local wallet which have many service such as you can pay your bills, buy load and etc. the coins.ph. Our local wallet can be use with ease and you can even convert you bitcoin anytime.
newbie
Activity: 7
Merit: 0
May 11, 2017, 04:29:35 AM
I think online storage system like coinbase,xapo,blockchain etc is trusted for keeping bitcoin. I think this is safe.But who wants to trade with bitcoin is a good idea.
full member
Activity: 150
Merit: 100
May 11, 2017, 04:00:29 AM
I think there is many other way to keep or to save our bitcoin.
Bitcoin can be changed to our country currency and save in bank. But i myself i really prefer that one to have it in his bitcoin wallet this is only secure place.
hero member
Activity: 1582
Merit: 523
May 11, 2017, 03:49:07 AM
I store my bitcoins in an online wallet were I just installed google 2fa indicator. So far,  its safe and secured and I dont encountered any problem on it. And, Im using coins.ph application were I can easily cashout into fiat.
hero member
Activity: 1190
Merit: 534
May 11, 2017, 12:37:34 AM
I am a deep believer of diversification technique and hence, I have my bitcoins scattered on various options such as few in web wallet (for regular transactions), few on exchanges (for trading), few on (buffer web wallet) to pay bills etc and some of the coins in cold storage (for long term). I don't think that keeping all funds in one option is a good practice to do.
full member
Activity: 252
Merit: 123
May 10, 2017, 11:36:52 PM
This is frowned upon by a lot of people but I keep my bitcoins on exchanges with 2FA. Put it simply I trust more in the security of the exchange than I do my own ability to secure my computer and with the 2FA its unlikely I can get my own personal account hacked on an exchange.

Can the exchange get hacked? Yes, however there are usually red flags to see before the chaos, and that gives time to move to another exchange.
newbie
Activity: 22
Merit: 0
May 10, 2017, 11:36:17 PM
i use an online wallet: ethereum-wallet.net. I heard that online wallets are risky but so far I havent had any problems. Of course if you have a lot of crytptocurrency, you should probably use an offline wallet to be absolutely safe.
Maybe today or up to a month or a year then your funds will be safe in online wallet, but put your funds in online wallet is not safe for long term, you should immediately use the offline wallet, it is important and strongly recommended especially if the funds Which you have in large quantities.

I have 1.4 eth in that wallet that I made from some signature campaigns. I might move it to an exchange so I can change it into bitcoins in the future. If i had any significant amount, I would not be touching any online wallets.
legendary
Activity: 2814
Merit: 1112
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May 10, 2017, 09:17:17 PM
i use an online wallet: ethereum-wallet.net. I heard that online wallets are risky but so far I havent had any problems. Of course if you have a lot of crytptocurrency, you should probably use an offline wallet to be absolutely safe.
Maybe today or up to a month or a year then your funds will be safe in online wallet, but put your funds in online wallet is not safe for long term, you should immediately use the offline wallet, it is important and strongly recommended especially if the funds Which you have in large quantities.
newbie
Activity: 22
Merit: 0
May 10, 2017, 08:12:21 PM
i use an online wallet: ethereum-wallet.net. I heard that online wallets are risky but so far I havent had any problems. Of course if you have a lot of crytptocurrency, you should probably use an offline wallet to be absolutely safe.
member
Activity: 238
Merit: 10
May 10, 2017, 04:20:48 PM
I just keep all mine in the block chain wallet as its simple and easy to use.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
May 10, 2017, 04:10:47 PM
All i need to do is to have my wallet ready all the time.
Bitcoin can not be saved any other way than the wallet.
There no way we can save or secure our Bitcoin than wallet.

Yeah, that is what the primary keeper of our Bitcoin. The wallet ( either online wallet, hardware wallet, paper wallet, etc)

For me, I am investing some of my bitcoins so it will gain profit and will be kept at the same time. I believe " All eggs shouldn't be put only in one basket", right?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 10, 2017, 02:33:48 PM
I like to store them in a paper wallet. But in case of the possibility of losing them, I prefer to use ledger nano s, a hardware to help us store our bitcoins securely. If you have more than 1-2 bitcoins, you can get one and try!
Storing one or two bitcoin in a hardware wallet seems like a waste of time and of a great product, you don’t need that level of security for such a low amount of coins, install a desktop wallet and be happy with it, or as you suggest you could use a paper wallet which are very inexpensive.
full member
Activity: 150
Merit: 100
May 10, 2017, 01:23:55 AM
All i need to do is to have my wallet ready all the time.
Bitcoin can not be saved any other way than the wallet.
There no way we can save or secure our Bitcoin than wallet.
sr. member
Activity: 252
Merit: 250
May 10, 2017, 01:06:48 AM
day by day btc increase so I keep my btc. I keep my btc trading site cause when I see any coin price low rate I buy and high rate sell. other I keep online wallet it's best for all.
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