How do you store your bitcoins? - page 40.

darkangel11

legendary

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Don't let others control your BTC -> self custody

Quote from: zhouyc on November 07, 2017, 12:35:54 AM

The best way to distribute it is to store some of the big trading sites on the online and offline wallets.

TYhat's certainly not the best way! The best way is to avoid online storing at all cost. Generate a number of fresh addresses on a safe computer and divide your coins among them. Then dump the priv keys and write them down to a text file and to a piece of paper. Put the piece somewhere safe and do the same with the backup file, just remember to store them in 2 different places like one in your house somewhere and 1 outside, so that in case you had a fire or a hurricane only one of them will get damaged. Last but not least make a last will and put the location of the backups in it, so that if you die in an accident someone can benefit from your coins.

marzuk

full member

Activity: 350

Merit: 100

I keep Bitcoin in my wallet. I think that's the safes thing to do. I have some Bitcoin in my wallet for keeping long-term. Which i keep for high prices. In my opinion now everyone should invest some bitcoin for the future. It will be very profitable in future.

eddyhalim

member

Activity: 210

Merit: 10

The P2P Marketplace For Digital Content

I use many wallets to store my btc and eth, but recently i am using coinbase, myetherwalket, and trezor for my investments to store altcoins, they are one of the most popular wallets on the market.

Queen077

newbie

Activity: 294

Merit: 0

I don't have much more bitcoin. Now I'm use online wallets. I feel it's very safe and easy to access.

Jody.Drummer

hero member

Activity: 1652

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Leading Crypto Sports Betting & Casino Platform

storing the bitcoin is very important, especially we have to store it in a place that really protects a security so do not you lose your bitcoin because in a few years bitcoin can still jump higher..

sandaru

member

Activity: 266

Merit: 10

Hi.. Usually I use a paper wallet for that because I really feel its safe in every situation.

alexzorgo

full member

Activity: 630

Merit: 103

At first I kept bitcoin in blockchain.info. But this service decided to support Segwit2x and it is possible to replace the name bitcoin for an original chain, this decision will depend on capacity of hash-rate of chains. Therefore I transferred bitcoins in electrum where original bitcoins will remain bitcoins

meyklove

member

Activity: 210

Merit: 14

Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I store my bitcoin to a local bitcoin wallet for me to quickly and easily to transact money if necessary.

parassinghal

full member

Activity: 210

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

Right now i am using online wallets but the safest way to store the coins is to store them in offline wallets and in paper wallets. In online wallets you have to keep one thing in mind that you have to keep your wallet key securely, else your coins will not be yours.

kimpena

full member

Activity: 250

Merit: 105

Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I am using a mobile wallet, this is the best for me. It is best for me, cause I usually bring my mobile phone with me, wherever I go, it is the thing I do not ever forget to bring with. Although, I am thinking now that I must have other wallet that will serve as my backup in case I lost my phone (which I don't want to happen, cause all of my bitcoins is there). I suggest to you to have two or more wallets where to keep your bitcoin, it is much safe. So that in case you lost one, you still have the other one. And better put most of it in the safest wallet you have.

DMC_Ken

sr. member

Activity: 363

Merit: 250

yes I do store bitcoin in to my wallet on computer, because it's more secure than the other wallet's in a site and sometimes in site you even don't know if this is legit or not.

zhouyc

full member

Activity: 336

Merit: 100

The best way to distribute it is to store some of the big trading sites on the online and offline wallets.

Sophiea

newbie

Activity: 56

Merit: 0

All of us have different storage of investment. We need to identify in what particular storage we will store our investment. In terms of my storage of bitcoin it store at Coins.ph and at Poloniex. Fron this I invest Philippine peso and convert to BTC so that it will grow when the value of BTC is high, while when the value of BTC is low it is the best time to buy. I also store my BTC to Poloniex site which is a kind of site that you can see different alt coins and you can buy and sell using your existing bitcoin. From this when you buy other alt coins you can also convert to BTC.

avia

member

Activity: 224

Merit: 11

I am not holding any bitcoins as of the moment since i just started and i am still trying to earn some. However, i have already thogh about where to place my botcoins or other coins, for that matter. I am planning to keep in a wallet. So far, that is the safest place i could think of but i am open for other suggestions.

ghost424

full member

Activity: 630

Merit: 103

You can store your bitcoins if you have different kinds of wallet. You can own a wallet of bitcoin and let the price of bitcoin fluctuate and with these you can still gain little amount of profit. You can also have your countries currency wallet. If you are obtaining bitcoin payments, you can always convert it into your own currency. You can also invest bitcoin in some legitimate websites.

Sm0thersTheW0rld

newbie

Activity: 4

Merit: 0

The majority of my bitcoins are kept in blockchain.information pocket book, Keeping some in coinbase pocket book too.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

I store them mostly online, i do have some offline wallets, but i prefer using my online wallets. I use a online wallet if i know that its a trusted wallet. Blockchain is for me safe and easy. Blockchain was also my starter wallet. Everything started there. As i said i use this online wallet blockchain to store most of my bitcoins. It is also hard for hackers to break in. My phone works like a activator so you need to hack my phone also to get in my blockchain wallet.

Paecga129

sr. member

Activity: 422

Merit: 250

I store my bitcoins offline and watch them using a watch-only wallet. I use Sentinel to watch my cold storage addresses. It is great to receive payments, but it is not used for sending out coins by design. You can just do a lot more with your cold storage coins then if you were to just hold them in a hardware wallet like Trezor or a Ledger, or whatever new one is on the market.

childish

sr. member

Activity: 619

Merit: 250

Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i saving my bitcoin in local wallet. it very safety and good for saving, i believe in this wallet because i have been set 2fa and the own of this wallet is person of my country

Nana21

newbie

Activity: 56

Merit: 0

i believe a cold wallets is the best,and the only way i believe- it will be hard to hack is blockchain but well,at online workd everything may be possible.

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