Topic: How do you store your bitcoins? - page 30. (Read 92247 times)
depending on the circumstances, when I need my selling, when the price goes down I hold or buy again, and when it reaches the highest price I sell again for profit
I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.Completely agreed, using hot wallets always has risks
Its better to use hardware wallet
Papaer wakket might be a solution too, if you can keep the papaer safe
I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.
Actually I used 3 types of wallets. And every one of them has different purposes, So here are the 3 types of wallets that i use.
1. MOBILE WALLET - In which in here i stored some of my bitcoin to pay others like paying for the goods i bought online and others.
The good example of it is the Blockchain and Mycelium.
Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.
Disadvantages:
* If the system of the app gets hacked by a hacker there's high chance that you will lost your bitcoin.
2. ONLINE WEB WALLET - I received all the payments and profits in this wallet.
The good example is Coinbase and Blockchain
Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.
Disadvantages:
* Just like the mobile wallet your key phrase here is in the server of the company and if that gets hacked your bitcoin will lost. So there's no 100% guarantee that your bitcoin is safe.
3. PAPER WALLET - In which you will store your bitcoin in a paper where the keyphrase is stored there.
Where you can make a paper wallet? -> https://www.bitaddress.org/
Advantages:
* It is good for a long term investment.
Disadvantages:
* When you lost the paper itself of course.
1. MOBILE WALLET - In which in here i stored some of my bitcoin to pay others like paying for the goods i bought online and others.
The good example of it is the Blockchain and Mycelium.
Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.
Disadvantages:
* If the system of the app gets hacked by a hacker there's high chance that you will lost your bitcoin.
2. ONLINE WEB WALLET - I received all the payments and profits in this wallet.
The good example is Coinbase and Blockchain
Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.
Disadvantages:
* Just like the mobile wallet your key phrase here is in the server of the company and if that gets hacked your bitcoin will lost. So there's no 100% guarantee that your bitcoin is safe.
3. PAPER WALLET - In which you will store your bitcoin in a paper where the keyphrase is stored there.
Where you can make a paper wallet? -> https://www.bitaddress.org/
Advantages:
* It is good for a long term investment.
Disadvantages:
* When you lost the paper itself of course.
I store my bitcoins in wallets, so it can not be stolen at once.I think its the best option you can take to use more wallets than one.
It makes no difference if you have all your wallets in the same computer or if you access them all in the same computer if that computer is infected you are going to lose all your coins, so as you can see you need more than several wallets to outsmart the hackers that are behind your coins.A wallet on your computer is pretty safe. Of course depending on the amount you have, you want to increase the level.
You are a needle in a stack of needles on the internet, and for you to be by chance targeted by a hacker is remote. Advertising yourself, visiting doubtful webpages and d/l and running all kinds of ‘beta’ software, does of course not improve your odds. Other than that, you are pretty safe.
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I store my bitcoin in one wallet which is stored in a cold storage. The reason why I did this is because of the forks that may occur. We all know that forks are not that predictable and there are times when we are not keeping an eye on everything that we fail to see that it is already happening. This is the reason why I prefer to have a cold storage.
I store bitcoin in the offline wallet because our own offline wallet has full control and sometimes if it is in the exchanger can not be sure it will be stored safely. there are so many hack cases happening in the exchanger so we have to be alert with our own coins.
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Sometimes in offline wallet but coinph is my the best wallet in our country to store you bitcoins or money. Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Bitcoin is stored in different ways at the same time for security, the safest way is to store it on offline wallet on PC, but I keep it just on the exchange and wallets )
Save bitcoin in offline wallet is secure but it is not practical. I don't like to save my bitcoin in exchange site its too risky, I just like to save my bitcoin in online wallet. It is the most apropriated wallet for me at this time.
Register to authorize wallet site and track your earnings to a notebook so that you will monitor your earnings and also have some-backup folder on your pc if in case of emergency.
You have to take security precautions Hold your coins in some wallets is the best solution but you save a small amount in breadwallet just to show people and send a small amount.
I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.
Bitcoin is stored in different ways at the same time for security, the safest way is to store it on offline wallet on PC, but I keep it just on the exchange and wallets )
To have maximum security and to be able to participate in forks (or simply receive the fork coins like BTG), I use Electrum. Beginners should be aware that online wallets don't really give out the tokens that you should receive. Just recently BTG was released and online wallet sites are surely having the time of their lives. That's a lot of money and they never care to give it to the user that deserves it. Regardless, you can avoid this by putting most of your coins in an electrum wallet. Plus, online wallets might run away. I know that they most probably wouldn't do that because they are making good money from the website but still we can't dismiss the possibility of it happening.
I keep my bitcoin in my wallet online but I do not think it's safe. Some of my betting sites have been hacked and in my opinion the best way is to use wallets off line. or fif safer to store btc
I store my bitcoins in wallets, so it can not be stolen at once.I think its the best option you can take to use more wallets than one.
It makes no difference if you have all your wallets in the same computer or if you access them all in the same computer if that computer is infected you are going to lose all your coins, so as you can see you need more than several wallets to outsmart the hackers that are behind your coins.
I usually store bitcoin and altcoin in a physical wallet. I prefer Ledger Nano. I have some altcoins and Bitcoin that I left on the exchange for trade purposes. My purpose to keeping of Bitcoin in the exchange market is to trade quickly.
I have a little BTC so I keep it on bittrex. I want to sell it at peak prices, and buy cheaper.
I set the purse on the SSD. And there I keep my BTC. My goal is to wait a year or two.
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