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Topic: How do you keep your bitcoins? - page 47. (Read 48802 times)

full member
Activity: 168
Merit: 100
May 05, 2017, 01:15:07 AM
I have to know what kind of coins I have to store and who have the resilience of how long these coins are, must have used a very hard wallet as well in order to hold the coins for the next few years.
With the fact that for us will be I will only go up then you will need a really very hard purse to save all your wealth. Perhaps there are some recommendations you have something I ask to share. I hope that this complication will not arise at all.
full member
Activity: 252
Merit: 100
May 04, 2017, 09:41:56 PM
I have to know what kind of coins I have to store and who have the resilience of how long these coins are, must have used a very hard wallet as well in order to hold the coins for the next few years.
sr. member
Activity: 434
Merit: 250
May 04, 2017, 05:56:18 PM
Unfortunately I sold most of my coins at $1200, and the very small amount that I got left, I have it evenly distributed between a couple of wallets and three exchanges.
No problem man, you can keep saving you weekly or monthly income to reback what you sold. By the way, you should save a lot than buying them. I mean saving around 80% of your profit. If you do that you can enjoy seeing bitcoin price fly to the moon and without any losses or regret
 
Good luck.
hero member
Activity: 966
Merit: 507
May 04, 2017, 05:49:50 PM
Unfortunately I sold most of my coins at $1200, and the very small amount that I got left, I have it evenly distributed between a couple of wallets and three exchanges.
hero member
Activity: 700
Merit: 500
May 04, 2017, 05:44:10 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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
Do not put your bitcoins in local exchange because even for just a few days it will still be risky for you because exchangers are very attractive for the hackers to hack and get money from that. It is better if you just buy hardware wallet and just put your bitcoins there and it is safer than local exchange and some of the hardware wallets are virus and malware proof so you are very safe.
i agree with you but so far save bitcoin on local exchanger still safety although this is very high risk , this is can use every body if haven't money enough to buy hardware..
Something very scary today to keep their Bitcoin on the exchangers if you can just have personal wallets on a USB flash drive or desktop computer, I can not somehow trust some sites Maybe it's just paranoia

Yeah, I'd prefer to store it on the offline wallet like Electrum than storing it on an exchanger. It is okay if its Altcoins, becuase I'm just going to wait for the right time, its PUMP to come and then I will sell it and buy again another Altcoins that I will use in Trading. But storing bitcoin on the exchangers is not really a good idea, becuase based on my experienced, if you are going to store your bitcoin on it, where you are going to hold it, it will just vanish, and if you are going to contact their support about it, the only thing that will say this to you is it is there, it is just hanging on there somewhere, some errors or bugs just happened regarding to your bitcoin.
full member
Activity: 123
Merit: 100
May 04, 2017, 05:15:02 PM
Some are in Exchanges for trading, rest in so called "cold wallet", some in Jaxx and a part in Electrum.
member
Activity: 98
Merit: 10
May 04, 2017, 05:02:48 PM
so bassically i jist store my bitcoin in the bitcoin wallet which i trust in coins.ph it is popular in my country so no doubt it is the best here also many features of it is the best you can buy in many stores..So just hold bitcoin and the price will increase thats mean your money is increasing and your investment.
hero member
Activity: 3080
Merit: 603
May 04, 2017, 04:55:15 PM
you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
it is right to keeps it on online wallet. on online wallet you have the oppurtunity to sale or purchase when price exceeds or goes down. but keep in mind when you are choosing a wallet checks its rating on google and choose a trusted one.

They have their very own way of rating the price, they may not be accurate but it's because they need some profit for keeping the site running. But when it comes to trust, that's the most important thing on choosing the best that suites you.
full member
Activity: 150
Merit: 100
May 04, 2017, 04:49:24 PM
For now i do reserve bitcoins inside my blockchain.info wallet.
Since i am not trading yet for a safety purpose. So that when ever i maybe ready i will pickup and start.
copper member
Activity: 364
Merit: 101
May 04, 2017, 03:38:06 PM
70% are on exchange and remaining on mycelium wallet
sr. member
Activity: 980
Merit: 255
May 04, 2017, 03:30:49 PM
To be honest, I know even when my first introduced to Bitcoin that for perfect security I needed to install my own wallet so I could control private keys and such. But on one concern of mine was how I always lost my passwords, what more private keys. Another was my balance is so small (less $10 usd) so I felt it was okay for a web wallet, which I still continue using.
Web wallets are ok for small amounts of money so don’t worry about it, it is only when you accumulate a  greater amount when you need to worry.
sr. member
Activity: 275
Merit: 250
May 04, 2017, 03:23:04 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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
Do not put your bitcoins in local exchange because even for just a few days it will still be risky for you because exchangers are very attractive for the hackers to hack and get money from that. It is better if you just buy hardware wallet and just put your bitcoins there and it is safer than local exchange and some of the hardware wallets are virus and malware proof so you are very safe.
i agree with you but so far save bitcoin on local exchanger still safety although this is very high risk , this is can use every body if haven't money enough to buy hardware..
Something very scary today to keep their Bitcoin on the exchangers if you can just have personal wallets on a USB flash drive or desktop computer, I can not somehow trust some sites Maybe it's just paranoia
sr. member
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
May 04, 2017, 12:27:34 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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
Do not put your bitcoins in local exchange because even for just a few days it will still be risky for you because exchangers are very attractive for the hackers to hack and get money from that. It is better if you just buy hardware wallet and just put your bitcoins there and it is safer than local exchange and some of the hardware wallets are virus and malware proof so you are very safe.
i agree with you but so far save bitcoin on local exchanger still safety although this is very high risk , this is can use every body if haven't money enough to buy hardware..
sr. member
Activity: 490
Merit: 251
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May 04, 2017, 12:12:31 PM
Use BitGo at the moment but personally one of these days I'm probably going to go for the investment and buy one of those hardware wallets, those honestly seem more secure and probably a shit ton safer so that's the route I'm going to go soon. Don't fully know if I'm going to go with Trezor or Ledger, I guess it matters on the amount of money I want to set aside for this in total. May be leaning towards the Trezor one as it does look a bit nicer, cleaner, sleeker and more secure.

I have saved all my bitcoins in electrum wallet as I think its the best wallet to have with great security and safety measure the only thing we need to take care is that we have saved the seed at proper place so if anything goes wrong it will be easy to recover bitcoins.

I don't know I'd love to use a wallet which is on my computer instead of using something like BitGo, but I love my BitGo and I just don't think it's safe enough on my computer (or any computer) to use something like that on my desktop itself.
I keep it in my coinbase wallet. People say that coinbase is untrustworthy but who care. I feel safe with that kind of that wallet. People should try to use it either. I trust coinbase.

Yeah, if you're not doing anything shady with Coinbase bitcoin you should be fine. The only people, that come out with stories against them are people that probably did something a bit weird on their account and Coinbase was just looking out for themselves.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 04, 2017, 10:53:55 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

A way could be by installing Ubuntu or another system of your choice in an usb, install a wallet there and put your coins there, then create a backup and keep them offline for all the time you want, you will have cold storage for cheap and a backup in case something happens to one of your usb.
sr. member
Activity: 317
Merit: 251
May 04, 2017, 06:42:15 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

I only keep all my bitcoins in my online wallet because for me it's much safer to keep all my bitcoins in my online wallet, i don't know why some people who use bitcoin do not trust online wallet and they treated online wallet like a scam.
hero member
Activity: 642
Merit: 500
May 04, 2017, 01:44:24 AM
you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
it is right to keeps it on online wallet. on online wallet you have the oppurtunity to sale or purchase when price exceeds or goes down. but keep in mind when you are choosing a wallet checks its rating on google and choose a trusted one.
hero member
Activity: 2590
Merit: 644
May 04, 2017, 01:37:42 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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
Do not put your bitcoins in local exchange because even for just a few days it will still be risky for you because exchangers are very attractive for the hackers to hack and get money from that. It is better if you just buy hardware wallet and just put your bitcoins there and it is safer than local exchange and some of the hardware wallets are virus and malware proof so you are very safe.
sr. member
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
May 04, 2017, 01:30:20 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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
hero member
Activity: 3080
Merit: 603
May 04, 2017, 01:15:13 AM
you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
yes i agree with save or keep it on local exchanger , to more safety you can use add 2fa in your email and your wallet exchanger.. this is can the minimum risk from hacker that you can dissapear your bitcoin Smiley

It can minimize the risk but still don't forget that a risk still remains for you. If you are confident that everything is going to be fine with those local exchanger you are using. It's a good feature from the local exchanges and that will give you high security to keep your bitcoins very safe.
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