Topic: How do you store your bitcoins? - page 44. (Read 92212 times)
I won't store online.I store them in a cold storage.Currently I am using electrum to store my bitcoins.
I am storing my bitcoins in Electrum although I know that the best way to store your bitcoins is to have a hardware wallet or an offline wallet. Still I am happy with the performance of Electrum wallet as it has served me very well for at least 2 years now. I never had any problem by keeping all my bitcoins in the Electrum wallet and I know my computer is not infected with malware so I am not worried about anything bad to happen to my bitcoins.
Well I store Bitcoins online, My Bitcoins are always in my online wallet blockchain.info but some of the coin are always in Exchange. I keep some bitcoins exchanged so in case of emergency I can have some money as back up. But the safest way is to store Bitcoin offline.
same here, as my wallets serve different purposes in my life. My online wallets are my frequent go-to wallets for emergency situations whereas my offline wallets are just for my long term storage of bitcoin.
All the bitcoin Im earning is directly going to my local bitcoin wallet application. I can accesa it through online, this wallet is the one I consider most secure wallet in my country. The app also allows us to make bitcoin as a form of payment for different transaction in public or private institutions. This also allows us to have prepaid load with good rebate percentage.
I like to keep bitcoin in online wallet. i do not trust offline wallet as much on online wallet. such as ether wallet
Depends on the funds they hold. I have accounts that curry within them, less coins that I would curry on an everyday out of the house (in fiat). I don't need bad-ass protection for such amounts. I keep them safely on an external device, to handle my everyday transactions.
The rest are frozen, in a place, far, far, away!
The rest are frozen, in a place, far, far, away!
Well I store Bitcoins online, My Bitcoins are always in my online wallet blockchain.info but some of the coin are always in Exchange. I keep some bitcoins exchanged so in case of emergency I can have some money as back up. But the safest way is to store Bitcoin offline.
As you said, Bitcoin offline wallets are safer than online ones. What are you going to do with your BTC before upcoming hard forks? I would recommend you to switch to Electrum at least for the hard fork. You will be able to claim your Bitcoin Gold and SegWit2x coins almost instantly after forks. Not every exchange is going to support them, not immediately.
i conbine it, i store to my local exchange, i also store in my online wallet and other wallet
dont store it in only 1 place
dont store it in only 1 place
I am storing my bitcoins in online wallet and I have been using it since 2016, its quite simple and secure i think.
I have not seen any fraudulent activity yet. hardware wallet can be more secured but expensive also.
I have not seen any fraudulent activity yet. hardware wallet can be more secured but expensive also.
Well I store Bitcoins online, My Bitcoins are always in my online wallet blockchain.info but some of the coin are always in Exchange. I keep some bitcoins exchanged so in case of emergency I can have some money as back up. But the safest way is to store Bitcoin offline.
If you already know that bitcoin offline is the best way to store your bitcoin then why you are storing bitcoin online because online wallets are not safe and they are risky and they are very prone to the cyber attacks and the hackers can bypass our accounts and stole our bitcoin and it will just lead to regretting the mistakes that we have done.
Well I store Bitcoins online, My Bitcoins are always in my online wallet blockchain.info but some of the coin are always in Exchange. I keep some bitcoins exchanged so in case of emergency I can have some money as back up. But the safest way is to store Bitcoin offline.
I'm using both Web wallet, Coinbase, and Off wallet, Electrum, at the same time. But I only keep small amount of BTC at web wallet cause it's very convenient when I want to make transaction when I'm outside without my laptop but it's not secure at all so I'm a little bit nervous when keep big amount of Bitcoin in web wallet that why I use Electrum off wallet at the same time which I can keep my own wallet privatekey, it's much safer than web wallet so I'm using it to keep almost my Bitcoin.
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 in the online wallet that is on the local site in my country. and the wallet I use is the only trusted site in my country. 90% bitcoin users in my country use the walletDo you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
but its not advisable to store your bitcoin in that walelt because there are risks you are facing when you do. so i prefer to store it on hard wallet to be safe.
I hold my bitcoins online at Coinbase. Even seems not secure in the first view this is only an impression and not a fact. Seems that the online wallet are the less secure but if read all the data given about this matter offered by Coin base understand the right meaning that the word "secure" has for this business. I am writing some. First must be told (even this has nothing to do with the security but with your pocket) all the fee-s of the sent of bitcoin are paid from Coin base.
Honestly, I advise you should to use other online wallet instead of Coinbase. Although Coinbase wallet has not about security our money, but when you need to withdraw your Bitcoin when Bitcoin has strong volatility in the market, that is the time you usually can not withdraw your money and pending until the price of Bitcoin stable. It is just my experience used this wallet in one year, therefore I do not know this wallet has solve this issue or not, but I think my said can help you consider.But you didn't really offer him what to replace Coinbase with. It's like saying not to drink water but didn't say what type of other liquid should he drink. Should he drink soda, pepsi, coke? None of that information. I suggest that you find a local online wallet. In my case, the local online wallet uses the exchange rate at the time that you requested cash out. Once you've issued a cash out, the wallet is just waiting for you to pay. It does have an expiration though. I think this is to prevent having people have multiple cash out and cash in requests and use those to trade funds whenever a spike is happening and make profit just by that little loophole.
In case you want to actually be "secure", you should use a desktop wallet or an offline wallet. Coinbase is on the Internet and it's no brainer that hackers are going to try to put it down and gather all the coins that coinbase has. Once that happens, you cannot do anything because it's not coinbase's fault that they got attacked so much and with the amount of coins that's in their system, they are never going to be able to pay all that.
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 in the online wallet that is on the local site in my country. and the wallet I use is the only trusted site in my country. 90% bitcoin users in my country use the wallet Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I hold my bitcoins online at Coinbase. Even seems not secure in the first view this is only an impression and not a fact. Seems that the online wallet are the less secure but if read all the data given about this matter offered by Coin base understand the right meaning that the word "secure" has for this business. I am writing some. First must be told (even this has nothing to do with the security but with your pocket) all the fee-s of the sent of bitcoin are paid from Coin base.
Honestly, I advise you should to use other online wallet instead of Coinbase. Although Coinbase wallet has not about security our money, but when you need to withdraw your Bitcoin when Bitcoin has strong volatility in the market, that is the time you usually can not withdraw your money and pending until the price of Bitcoin stable. It is just my experience used this wallet in one year, therefore I do not know this wallet has solve this issue or not, but I think my said can help you consider.
wallets on the web like block chain or coinbase are safe. Better you would go ahead with offline wallets, paper or cold storage to preserve it safe. That is the thing i know on the web wallets can be unsafe but i have experienced a tiny amount in blockchain.information since i below.
- i put it on Exchanges
- in Bitcoin Wallet designated on your country
or have a trezor to have a private key
it better to spread it for you to have a good nigh sleep
- in Bitcoin Wallet designated on your country
or have a trezor to have a private key
it better to spread it for you to have a good nigh sleep
Storing it on a exchanger is not a good idea I think, because it might be lost forever, it might be in a good use if you are going to deposit your bitcoin on a exchanger to buy some tokens that you are going to Trade, in that way, you could even have more bitcoin and gain profits in the long run in that way, however, storing your bitcoin on hardware wallet like trezor just like what you have said is a good idea so far.
There's just no safe place on the Internet to store your bitcoin. Blockchain.info is a good online wallet but the email log in opens up a risk that once your email gets hacked, the hacker can just do a forget password and recover it with your email. I don't know about you but I don't really believe in Trezor because those devices might have some additional codes in them that sends your wallet seed to the manufacturer and they are going to harvest them altogether in the future. This is why I don't buy them aside from them being expensive. You can generate a bitcoin wallet with your phone, with your computer, etc. and you can be sure that you are safe by making that wallet generated offline or in a secure computer.
Others actually say to put your bitcoins in different places. Some in an exchanger, some in a gambling site, some in an online wallet, and some in a hardware or offline wallet. I think they do that to save money for transaction fee. But I don't think the amount that you are saving from that is enough to risk so much money.
- i put it on Exchanges
- in Bitcoin Wallet designated on your country
or have a trezor to have a private key
it better to spread it for you to have a good nigh sleep
- in Bitcoin Wallet designated on your country
or have a trezor to have a private key
it better to spread it for you to have a good nigh sleep
Storing it on a exchanger is not a good idea I think, because it might be lost forever, it might be in a good use if you are going to deposit your bitcoin on a exchanger to buy some tokens that you are going to Trade, in that way, you could even have more bitcoin and gain profits in the long run in that way, however, storing your bitcoin on hardware wallet like trezor just like what you have said is a good idea so far.
I keep all bitcoin in online wallets. I have not had any trouble so far. I use this method because I am constantly traveling.
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