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Topic: How do you keep your bitcoins? - page 8. (Read 48804 times)

newbie
Activity: 21
Merit: 0
November 23, 2017, 07:42:09 AM
Actually I put my Bitcoin in secured wallet to protect my daily earnings.because there are many scammer in the world.to be sure that your account is safe secured your Bitcoin.
sr. member
Activity: 462
Merit: 250
November 23, 2017, 04:15:50 AM
You should store them in your cold wallet. This is the best way store Bitcoin for a long time. It is safer when comparing with online wallet.
jr. member
Activity: 57
Merit: 43
November 23, 2017, 04:14:57 AM
i keep my bitcoin using offline wallet to protect my daily earnings because is not easy to get more bitcoin.
and, bitcoin now is getting high exchanger. and so many sccamer around the world.
i suggest to every one to keep your bitcoin or btc in a offline wallet.
member
Activity: 181
Merit: 10
Working as a Web Developer and Cyber specialist.
November 23, 2017, 04:00:35 AM
I keep my bitcoin in my wallet, actually everyone doesn't keep their all bitcoin in their wallet, some bitcoin should be transferred into the real money. Because keeping all bitcoin in the wallet is risky, I think everyone should follow this.
legendary
Activity: 1218
Merit: 1000
November 23, 2017, 03:43:23 AM
Paxful is good for trade but it's not Bitcoin wallet.I used blockchain and other some most secure wallet.Bitcoin Core & Electrum is the best wallet i think.
Firstly i prefer Bitcoin Core wallet.I am not like to exchange for saving Bitcoin.
I also use it. but in this case, I use Electrum as my bitcoin storage. well, I feel comfortable using Electrum as a bitcoin storage place, and until now there has been no problem in that.
full member
Activity: 168
Merit: 100
November 23, 2017, 03:40:48 AM
Paxful is good for trade but it's not Bitcoin wallet.I used blockchain and other some most secure wallet.Bitcoin Core & Electrum is the best wallet i think.
Firstly i prefer Bitcoin Core wallet.I am not like to exchange for saving Bitcoin.
hero member
Activity: 2856
Merit: 674
November 23, 2017, 02:59:54 AM
All my coins exist on the exchange, and although there are local wallets, I always think it is safer to have exchanges than to own local wallets, because they will save bitcoin better than us.
 Shocked
That depends on your evaluation but in general it's safer to hold your own private key and you are the only one who can access it.
Saving in a trading sites has a big risk because they are vulnerable to hacking.
member
Activity: 266
Merit: 10
November 23, 2017, 02:48:30 AM
All my coins exist on the exchange, and although there are local wallets, I always think it is safer to have exchanges than to own local wallets, because they will save bitcoin better than us.
 Shocked
member
Activity: 99
Merit: 10
November 23, 2017, 02:19:27 AM
I will keep my bitcoin in the future by protectip it. I will spent it right. I will use it wisely and I am going to be a smart person in consuming it.
full member
Activity: 354
Merit: 100
November 23, 2017, 02:13:45 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


Right now I use the blockchain and swallow wallets, because I do not trade with large numbers but I just need it for capital, and I keep it safely as much as I can, after I receive the bitcoin, I will make a useful capital.
member
Activity: 267
Merit: 10
November 23, 2017, 01:55:15 AM
they store bitcoins in their offline wallets. If they have entered a low value if they are outside and need some money in their bank account and they are very happy with it.
sr. member
Activity: 1079
Merit: 352
November 23, 2017, 01:44:49 AM
I keep it some in exchange and in my own wallet, but if you want to invest it, in other word open it like 5-10 years later you want to make sure to secure it.

Alright if you want to secure your bitcoin, first thing first don't even think about keeping it at the exchange. Simply because YOU don't own the private key/ No Private key means that you don't have a right about your coins. It not your coin anymore and at the mercy of the exchange. Bad thing CAN happen, even from a reputable "poloniex'. They used to be fine until the explosion of the new user that they blame for many, I repeat many problems like site lagging, withdrawal issue etc and when that happens you will have your money getting risk.

So I suggest get yourself an offline wallet or even better a Hardware wallet like TREZOR/LEDGER. Make sure you remember the password and priv key. Make a copy of tht with your handwriting or anything and keep it safe and you settle.
full member
Activity: 364
Merit: 100
November 23, 2017, 01:18:14 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


I usually keep my bitcoin in my trading account, and hold it there till the time I have somewhere to invest it with. Maybe next year Im gonna try to buy altcoins and invest it till it gives me more profit. Now Im buying more bitcoin whenever its price is on a down trend.
full member
Activity: 406
Merit: 100
November 23, 2017, 01:04:24 AM
i kept my bitcoins on a safe wallet, in a bank and other are for investments and business.
jr. member
Activity: 56
Merit: 2
November 23, 2017, 01:03:52 AM
And a key step to protecting your cryptocurrency is to store anything of significant value in a hardware wallet—a physical device, like a USB drive, that stores your private keys and currency locally and isn’t connected to the internet.
jr. member
Activity: 56
Merit: 2
November 23, 2017, 01:02:43 AM
Experts caution against storing large amounts of coins through cryptocurrency exchanges, or in digital wallet apps on your smartphone or computer. The public-facing internet offers an attacker too many inroads to attempt to infiltrate your wallet, or trick you into giving them access.

full member
Activity: 224
Merit: 100
November 23, 2017, 12:59:31 AM
I just keep it on local exchanger, and make sure it really secure that impossible to hack. But still, it depends on us how we secure our wallet, if we get tricked with phising site, that's it! We done Shocked
member
Activity: 102
Merit: 15
November 23, 2017, 12:53:50 AM
How I keep my bitcoins is the same question for how I protect my bitcoins. Here:

1. Never store wallet address and the private key in the same place
2. Only use your own PC or phone for transactions.
3. Split up your bitcoin holding between numerous smaller wallets
4. Back up all your wallet on offline hard drives
5. Use wallet encryption
6. Update online wallet software

Keepy your bitcoins well.  Wink
full member
Activity: 491
Merit: 105
November 21, 2017, 08:14:38 AM
Why would you be holding onto Bitcoin for so long i will prefer investing with it to get daily returns instead of future because nobody is promise tomorrow
Yes that is famous. Block chain is giving more reliable features than other wallets and thus it is being praised and used by majority of bitcoin users. It is safe and this is most amazing attribute of it. You shouldn’t give your private key to anyone and else just relax hackers cant access it, it is so secure. Just do your business with great zeal and passion and then enjoy the perks of happiness.
newbie
Activity: 10
Merit: 0
November 19, 2017, 12:15:55 PM
I use a wallet Copay. It is very handy and easy to use for beginners. Also, a certain amount is in the currency exchange, where I study crypt-trade. In the future, I plan to use devices such as Trezor or Ledger.
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