How do you keep your bitcoins? - page 60.

crwth

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I use a hardware wallet(keepkey), electrum and blockchain.info sometimes.
Don't keep the bitcoins online at exchanges like OP said, it's really not safe.

I want to try those hardware wallets, but I don't have enough extra money for that. I think that's better compared to having an old laptop to be your cold storage, it's portable, and it's easier to use. Keeping it on online exchanges can expose your bitcoins for attacks.

mmo_online_1981

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I keep my BTC on my mobile wallet, but a little for test. Because a BTC was great

KennyR

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Quote from: bajing on April 04, 2017, 02:05:53 AM

I only keep a little bitcoin that can called satoshi so because i only have a little me choose to save at local exchanger. honestly online wallet is save too, for feel save you only need to add some protection.

Lot of online as well offline wallets were available for saving and holding bitcoin with much enhanced security measures. People prefer different service providers depending upon the accessibility provided along with the fee levied on transaction. I personally prefer blockchain.info for most of the transaction needs.

xypos

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Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

I have to say sir, that I cannot undestand your point of view.
In what case identification verification made by exchange, would prevent you being scammed by them ?
Plus, you can get even more trouble in the situation when exchange scams their clients: They take your bitcoins away but also they can sell your identity to third, unauthorized parties.
That may cause a lot of struggle: someone would take a loan in your name, and you cannot even do anything about it: unless there is a way you can show an evidence of getting your ID details stolen.

izanagi narukami

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Quote from: bajing on April 04, 2017, 02:05:53 AM

I only keep a little bitcoin that can called satoshi so because i only have a little me choose to save at local exchanger. honestly online wallet is save too, for feel save you only need to add some protection.

Maybe you can add additional offline wallet so save your bits in case if something happen on online wallet.
I'm save my bits on online wallet and import the private key to restore into my offline wallet ( multibit )

For fiat convertion , I'm using local wallet named vip bitcoin when the value reach my expectation.

bajing

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I only keep a little bitcoin that can called satoshi so because i only have a little me choose to save at local exchanger. honestly online wallet is save too, for feel save you only need to add some protection.

crwth

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Quote from: majeed on April 04, 2017, 01:53:14 AM

Quote from: ubercool on April 04, 2017, 01:34:26 AM

Quote from: LEEMEEGO on April 04, 2017, 12:48:13 AM

Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

have you tried visiting their office since it is in your locality? if so, i think it will be easy to file a complaint once there is defrauding going on. i advice you try to visit there office it its near your place so you can be more assured to your local exchange.

I frankly don't trust these local exchanges as they can close and set off any time they want. This happened last year in my locality as the bitcoin price got pumped to 1300$ and the next day there was no office. They closed without intemating their own employees.
So its better to save up all your Bitcoin locally, offline. Roll Eyes

where do you live? It must be a very very bad scenario and I believe that there must be some news about this situation. however, I do not hear anything about it. Did you tell a joke to us?

That's really frustrating. It's better to look for REAL trusted exchanges and don't deposit every bitcoin you have there, that's for sure. Always keep something offline to prevent it from getting stolen.

severaldetails

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I think it's the question how much bitcoins you own.
If your fortune ain't that big, I think an online wallet is enough.
If you have more coins, a cold storage might be a solution to think about.

majeed

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Damn

Quote from: ubercool on April 04, 2017, 01:34:26 AM

Quote from: LEEMEEGO on April 04, 2017, 12:48:13 AM

Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

have you tried visiting their office since it is in your locality? if so, i think it will be easy to file a complaint once there is defrauding going on. i advice you try to visit there office it its near your place so you can be more assured to your local exchange.

I frankly don't trust these local exchanges as they can close and set off any time they want. This happened last year in my locality as the bitcoin price got pumped to 1300$ and the next day there was no office. They closed without intemating their own employees.
So its better to save up all your Bitcoin locally, offline. Roll Eyes

where do you live? It must be a very very bad scenario and I believe that there must be some news about this situation. however, I do not hear anything about it. Did you tell a joke to us?

ubercool

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Quote from: LEEMEEGO on April 04, 2017, 12:48:13 AM

Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

have you tried visiting their office since it is in your locality? if so, i think it will be easy to file a complaint once there is defrauding going on. i advice you try to visit there office it its near your place so you can be more assured to your local exchange.

I frankly don't trust these local exchanges as they can close and set off any time they want. This happened last year in my locality as the bitcoin price got pumped to 1300$ and the next day there was no office. They closed without intemating their own employees.
So its better to save up all your Bitcoin locally, offline. Roll Eyes

LEEMEEGO

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Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

have you tried visiting their office since it is in your locality? if so, i think it will be easy to file a complaint once there is defrauding going on. i advice you try to visit there office it its near your place so you can be more assured to your local exchange.

Pettuh4

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Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

I agree offline cold wallets are the best and most proven to be safe from attacks so hopefully a lot of us are going to be safe from future attacks on our money if we j to them in cryptocurrency especially Bitcoin.

mhd japar siregar

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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.

jak3

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keeping any money at any online money or any crpto currency exchanges are very risky because of their security but we assume you know the facts and thats why you are finding the better solutions, well the only best solution nowdays is keeping a paper wallet or a fully sperate hardware wallet but the trasaction fees are also very tourchering. make a paper wallet and send your coins there

Playboi

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def going to look into these paper methods

artows21

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Some of my coins are in an online wallet just because I prefer using my phone to make transactions. I know that online wallets are not safe at all as they can get hacked anytime or the owner can run away and then you lose everything.
However I'm thinking that someone that can access my computer can also access my bitcoins and send money to his wallet, so I think it's still not safe.

Cold wallet is the only way I can ever make sure that my coins are safe so I save the majority of my coins using cold wallet. I think it's the safer way.

Jewell

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Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

to me i personally using online wallets and whenever the amount in my wallet increasing then i try to use multiple wallets instead of a single wallet.

Paid Piper

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Quote from: Inkdatar on March 16, 2017, 11:26:46 PM

When I learn bitcoin I always keep my bitcoin in an online wallet. If I earn already from a bitcoin investment, trading altcoins I keep my remaining bitcoin to online wallet and then I cashout the other btc to fiat for my daily expenses. I just save my remaining bitcoin into an online wallet,not all for security purposes.

yes to me i also use online wallet for saving my bitcoin although the disk top wallet are the best option to be use for saving bitcoin but still online wallet.

kwuccduck

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Quote from: noictib on March 17, 2017, 10:30:21 AM

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

You just need to put your bitcoin in the online wallet of blockchain official .
My second advice will be for you to not to invest all of your bitcoin at single trading site , my suggestion will be for the many trading site to make trading more profitable and risk free ( or you can say at low risk)
Use most famous exchange for trading for example bitrex , Poloniex , yobit etc .
Since you can try another wallets like cex.Com c-cex like where the trading is very slow because the usere are in less numbers to make deals fastly .

I was advised to create another purse in order to store bitcoin so that no operations could be conducted through it, so that they knew less about it. In this way, you can avoid hacking.

Paid Piper

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Quote from: Text on March 16, 2017, 11:13:28 PM

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.

i think online wallet is also a good option you just need to distribute your bitcoin in different wallet if you want to make it more and more safe.

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