How do you keep your bitcoins? - page 59.

posternat

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Quote from: mornabo on April 04, 2017, 06:31:00 PM

Quote from: HongKong on April 04, 2017, 05:42:37 PM

I like to have Bitcoins placed in my wallet from time to time only because the coins remain more secure compared to the online exchange. Since we've all been seeing the online exchanges getting hacked and websites being offline -Bitcoins are extremely valuable for some reason and I think that those with Bitcoin should try to store them in a safe place before something bad happens.
A Bitcoin file stored on a hard drive encrypted with a password is the correct method to storing Bitcoins.

because the online exchange is not a wallet they have any control over your bitcoin. especially a lot of exchange which had been a scam. of course it will not make a secure store in exchange

Of course, you speak the truth, most of the online exchange are scam. I don't know why most of the people are using it and save their bitcoins into exchange. But i also save my bitcoins into my wallets and it is best for me.

vasrasus

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Quote from: Ayiranorea on April 08, 2017, 01:34:23 AM

I prefer online wallets, because it gives the easiest accessibility. I don't always hold my lap along with me. This makes me to use online wallets than offline wallets.

Online wallet was the most efficient way now for storing bitcoin since bitcoin holders nowadays are preferred to do short trading rather than just wait for a year. I preferred online wallet too since my bitcoin is just small amount and I always buying on online merchant using bitcoin as mode of payment. Offline wallets sometime are too complicated especially for a computer that has a poor performance, Syncing of wallet takes time and too much electricity. At last, I love online wallet because i can access my bitcoin through my mobile phone anytime and everywhere that has an internet connection.

requester

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I just prefer blockchain wallet because it's official and there's no fear of fraud and getting scammed or any money laundering policies. It's safe for me. Thanks blockchain for being here on the world.

megynacuna

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Get a copy of the Bitcoin core on your desktop (multibit) and save your private keys on a pen drive or trusted Harddrive and have it deposited in your bank or a personal safe you can manage well yourself. I think that's pretty good way to save it.

Ayiranorea

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I prefer online wallets, because it gives the easiest accessibility. I don't always hold my lap along with me. This makes me to use online wallets than offline wallets.

radjie

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By using the wallet that has been trusted and tested security where the wallet has a lot to give satisfaction to users and do not forget to also use the password that is difficult for others yet easily remembered by the user wallet

ekoice

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Quote from: philiveyjr on February 16, 2017, 05:32:17 PM

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.

I always store my bitcoins in my electrum wallet.I would recommend it as safest wallet.A seed is generated while opening a new account which can be used to recover our account in future.I use localbitcoins to sell my bitcoins.

Sled

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Quote from: steampunkz on April 04, 2017, 09:19:08 PM

I keep my bitcoins in my online wallet (coins.ph) But I have also bitcoin in my other faucets sites which I'm letting it grow before i Withdraw. Also I have Little investment in a revenue site that is good actually, Because I have doubled my 0.02btc in 2 months now. But I'm still re investing it to earn more.

I think it is good if you find another kind of source of income and abandon faucets because it is not a good site to get bitcoins because they only give low rates and it will take you a lot of time to just get 0.001 bitcoin. Your investment site is good because you already doubled your money but as a reminder, don't be greedy in investing because you might disappointed in the end. Invest what you can afford to lose.

rooster2000bka

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Quote from: mmo_online_1981 on April 08, 2017, 12:48:10 AM

I keep all coin in my Mutisig wallet ( letter key with 3). It is need two or more Private key to confirm Transactions
I think is good than used one private key to confirm Transactions

I used Mutisig wallet, but everybody can share me good Mutisig wallet?

mmo_online_1981

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I keep all coin in my Mutisig wallet ( letter key with 3). It is need two or more Private key to confirm Transactions
I think is good than used one private key to confirm Transactions

btcwonder1

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I use wallets to store my coins - both online and offline. Online wallets are generally considered to be vulnerable to theft but still a vast majority of people is using them without any issues. As long as you don't publicize your private key, you are safe. As someone who has used both the wallets, I would suggest cold storage (offline wallets) since they are immune to any sort of cyber attack and offer more security than their online counterparts.

If you don't trust either, then I would recommend you to receive Bitcoin at your Bitcoin address and get them converted to fiat ASAP.

steampunkz

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I keep my bitcoins in my online wallet (coins.ph) But I have also bitcoin in my other faucets sites which I'm letting it grow before i Withdraw. Also I have Little investment in a revenue site that is good actually, Because I have doubled my 0.02btc in 2 months now. But I'm still re investing it to earn more.

Gaaara

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Quote from: Playboi on February 16, 2017, 05:02:49 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

I keep mine in an online wallet, I am not completely sure if it safe but they do exchange bitcoin into fiat so its okay of having it then, I won't be having a lot of bitcoin in there cause there is a change of my account being vanish, in my current situation I just earn bitcoin from some trading and some bounty then cash some out if its going higher than my ideal bitcoin amount. But if I'm going to hold bitcoin for a long time, brain wallets is my first in option cause it has the highest security if you use it right but somehow dangerous if you are not to be careful, just save your brain wallet information or write it down (if you prefer that way) then make sure its in a safe place and no one can have that even your family, just to ensure that it won't get loss, it has a high security but don't you dare make mistakes in brain wallets simple mistakes means disaster.

mornabo

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Quote from: HongKong on April 04, 2017, 05:42:37 PM

I like to have Bitcoins placed in my wallet from time to time only because the coins remain more secure compared to the online exchange. Since we've all been seeing the online exchanges getting hacked and websites being offline -Bitcoins are extremely valuable for some reason and I think that those with Bitcoin should try to store them in a safe place before something bad happens.
A Bitcoin file stored on a hard drive encrypted with a password is the correct method to storing Bitcoins.

because the online exchange is not a wallet they have any control over your bitcoin. especially a lot of exchange which had been a scam. of course it will not make a secure store in exchange

HongKong

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I like to have Bitcoins placed in my wallet from time to time only because the coins remain more secure compared to the online exchange. Since we've all been seeing the online exchanges getting hacked and websites being offline -Bitcoins are extremely valuable for some reason and I think that those with Bitcoin should try to store them in a safe place before something bad happens.
A Bitcoin file stored on a hard drive encrypted with a password is the correct method to storing Bitcoins.

CROYA86

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if you store your coins in a purse should trade you should frequently check, because sometimes there is a place that enforces closing trading coins no activities in trade so I recommend to frequently look at it, we take its course safe

Devboy

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Quote from: mhd japar siregar on April 03, 2017, 12:14:48 PM

I just keep it in two places, and seperates based on its usage. for BTC that I use for everyday purposes, I kept Coinbase, because I feel that Coinbase have good security, and bitcoin for business in blockchain. Well, both of them using 2FA security system, so I felt it would be safe.

Bitcoin just going upfront, now it's concern to keep our bitcoin safety. I think use sepetates wallet to keep our bitcoin seems right method and effective too. It could be best to secure also their security option like better so why not choose them.

BlackPanda

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I keep bitcoin in the the wallet online. but mostly I use to stock trading. because I believe that trade can be profitable. the money generated is exactly what makes me happy.

carlfebz2

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Quote from: Roger Burton on April 04, 2017, 09:12:02 AM

The better way to keep your BTCis on trezor. I use it and it's very safe. Nobody can hack it, even if the pc you use will be hacked, your bitcoin, can't go anywhere. You choose your pass and nobody will know it. If you forgot this pass, you can't have any access in it, bcs nobody will know the pass :p It's very small and has no light, so it's very easy to hide it. Since I bought I keep at least my half btc there in any case. Even if something happens and one of the wallets I use online, closed, or hacked, I will still have the rest of them safe in my prezor Wink

Trezor is a good choice but you cant say that theres no risk on lossing it because you memory would be your enemy here because if you store it for a very long time tendency that you will forget the informations about that wallet is there.You are right even on desktop wallets possibilties of getting hacked would be there thats why we should be careful on where to store and hardware wallets would be the best choice.

Roger Burton

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The better way to keep your BTCis on trezor. I use it and it's very safe. Nobody can hack it, even if the pc you use will be hacked, your bitcoin, can't go anywhere. You choose your pass and nobody will know it. If you forgot this pass, you can't have any access in it, bcs nobody will know the pass :p It's very small and has no light, so it's very easy to hide it. Since I bought I keep at least my half btc there in any case. Even if something happens and one of the wallets I use online, closed, or hacked, I will still have the rest of them safe in my prezor Wink

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