Author

Topic: How do you store your bitcoins? - page 119. (Read 92217 times)

hero member
Activity: 1190
Merit: 500
February 05, 2016, 04:31:20 AM
I do store my coins into a paper wallet and the only way to manage that wallet is my android phone. And i know no one is trying to steel my coins
it is possible that if someone steals your phone and instantly take your coins. and I think the paper wallet is not suitable for daily transactions, very complicated
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
February 05, 2016, 04:26:34 AM
Well being new in the bitcoin business, I store them online with the fear of having them on my device which can crash anytime.

Make a backup, start to get afraid of goxing. If you store coins online chances are high you dont actually own them, but just have a promise from a stranger.



legendary
Activity: 1526
Merit: 1001
February 05, 2016, 04:20:15 AM
Just do not keep all eggs in one basket Smiley
This is a good advice, thank you, I'm already storing in many web/hardware wallet, i consider one as hot wallet and the other as cold wallet.
member
Activity: 98
Merit: 10
February 05, 2016, 04:17:47 AM
I like to keep my coins in my computer with a good encryption .
newbie
Activity: 1
Merit: 0
February 05, 2016, 04:16:11 AM
Well being new in the bitcoin business, I store them online with the fear of having them on my device which can crash anytime.
legendary
Activity: 1372
Merit: 1008
February 05, 2016, 04:06:22 AM
I keep Bitcoins in my own computer. I think because the safest.
I keep it online but sometimes I find that quite unsafe because I sometimes hear from people that they have been hacked.

So that's why I do it on my own PC.

Same here. I just put a couple on my online wallet whenever I need to. Storing it on your own PC is the safest.
I think nope. it can still be hacked. if someone is using malware and your computer has been hack,
I think online wallet is also safe if you can add some verification on your wallet, my own use sms verification, it was impossible to be hacked
newbie
Activity: 2
Merit: 0
February 05, 2016, 03:01:46 AM
I do store my coins into a paper wallet and the only way to manage that wallet is my android phone. And i know no one is trying to steel my coins
member
Activity: 70
Merit: 10
February 05, 2016, 02:54:04 AM
Storing them in a paper wallet and keeping that one in a bank, they are not a massive amount particularly but I don't like having access to it all the time because I make stupid transactions once in a while.
legendary
Activity: 1288
Merit: 1036
February 03, 2016, 04:30:05 PM
I like to store most of my bitcoin in online wallets, because most often I need them for gamble, and when I need them, I cant wait for offline wallets and such and then take from their and then gamble Smiley
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
February 03, 2016, 04:27:19 PM
I have four different ways I store my Bitcoin and two are a bit stupid. So we will start with stupid, I have some Bitcoin on exchanges for trading, I have a couple of Bitcoin in blockchain.info.

My profit from trading goes in a hardware wallet which builds up and when it gets to 10btc it is put on paper wallets, laminated and stored in a safe location. In the near future I am going to have 10-20 stored in private keys hid in tattoos.

Of course for a extra safety that will be done in 2 parts, from two different tattooist just to be on the safe side of a photographic memory who knew about private keys. I like the idea of being basically naked and still having access to funds should the need ever come.
legendary
Activity: 1386
Merit: 1058
February 03, 2016, 04:18:02 PM
i'm using mobile wallets and online wallets for frequent transaction as i'm spending some of my daily expanses. And using desktop wallet as a cold storage.
I store my bitcoins in a wallet offline, I do not like online wallets its to risky.
For high amounts its to risky to get it on online wallets, although its pretty nice.

Yes but with offline wallets, like keeping core wallet in your desktop or laptop can be risky too . If someone doesnt know how to backup wallet and other procedures, they can loose their coins in moments. Hence I think for new people online wallet and for old, core ones.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
February 03, 2016, 04:03:56 PM
I put it on my exchanger wallet, so that instead of passively sitting down, it works around and (hopefully) gives me more of its breed
hero member
Activity: 2646
Merit: 587
February 03, 2016, 03:33:58 PM
i store my bitcoins in my cold storage and in my online wallet
Me too same, the basic reason is both offer something good.
Online wallet give us freedom and ease, while offline wallet gives us safety but not 100% easy to use with hardware wallet.
sr. member
Activity: 252
Merit: 250
February 03, 2016, 02:29:52 PM
store the majority of my coins "less than 1 btc" in a paper wallet, it isn't that big of an amount but I like the idea of having it completely isolated from technology, have less than 0,10 BTC in blockchain for using.
legendary
Activity: 1120
Merit: 1000
February 03, 2016, 12:21:53 PM
some on blockchain, some on paper wallet some on exchanger ( c-cex, bittrex and poloniex) i know it's risky but i need bitcoin for my daily activity
full member
Activity: 182
Merit: 100
Pollak
February 03, 2016, 12:08:13 PM
i'm using mobile wallets and online wallets for frequent transaction as i'm spending some of my daily expanses. And using desktop wallet as a cold storage.
I store my bitcoins in a wallet offline, I do not like online wallets its to risky.
For high amounts its to risky to get it on online wallets, although its pretty nice.
hero member
Activity: 770
Merit: 500
February 03, 2016, 11:54:48 AM
i'm using mobile wallets and online wallets for frequent transaction as i'm spending some of my daily expanses. And using desktop wallet as a cold storage.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
February 03, 2016, 11:38:57 AM
We have two choices to store bitcoins .. one of them being online wallets which are like : Blockchain wallet, HolyTransaction, etc.
While some are offline wallets like : bitcoin core wallet I would prefer core wallet as it gives freedom and safety at the same time.
legendary
Activity: 1596
Merit: 1011
February 03, 2016, 09:30:27 AM
to ease the right choice is to store in the cloud storage. but the safest is a wallet media stored on your computer. it was very safe at all !!
legendary
Activity: 896
Merit: 1000
February 03, 2016, 09:24:06 AM
I store my bitcoins at a wallet.

Sometimes I store them offline and mostly online.

It depends if I store them offline or online by its amount.

the amount shouldn't matter as what you consider to be a small amount right now, can turn into a decent amount within a year. that's why you should always hold your coins offline.
Jump to: