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Topic: How do you store your bitcoins? - page 64. (Read 92212 times)

legendary
Activity: 1372
Merit: 1008
May 12, 2017, 05:09:18 AM
I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.
I think even if you get a simple thing from exchange still the security on exchange will be less than the wallet. You can not use authentication, or no private key / backup, there's nothing you can do when your bitcoin succeeds in stealing from exchange
hero member
Activity: 1148
Merit: 504
May 12, 2017, 04:29:25 AM
i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.

I think it is quite risky to store the coins online even if there is small amount.
I think it would be pretty safe if you saved your bitcoin in the wallet online. Unless you keep it in exchange. Because it is very easy to hack and let alone the site may be a scam
sr. member
Activity: 272
Merit: 250
May 11, 2017, 06:15:15 PM
I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.
Yeah I also keep my bitcoin in exchange. Because I only have a bit bit of bitcoin just less than 0.1 btc. So I keep it in exchange. Because it's simpler when you want to sell your bitcoin.
hero member
Activity: 2590
Merit: 644
May 11, 2017, 07:27:37 AM
i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.

I think it is quite risky to store the coins online even if there is small amount.
Yeah it is very risky to store our coins online because they are always vulnerable for the hackers who can bypass and steal our coins so it is best to find a good and safe wallet like hardware wallets which we can store our coins for long term and have no worries about the possible hacker attacks.
newbie
Activity: 60
Merit: 0
May 11, 2017, 07:02:56 AM
i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.

I think it is quite risky to store the coins online even if there is small amount.
hero member
Activity: 3080
Merit: 603
May 11, 2017, 01:27:39 AM
It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
Using exchange wallet is more easy to use our fund everywhere, need to use trusted exchange but better not to put all your fund in one exchange, separate your fund so when one website exchange down you still have fund in another exchange, if you have big fund better to use offline wallet because you have access to the private key.
Thats why I prefer to go with and an exchange wallet because its very convenient for me in a way that by just simply logging in to  my wallet, I can have an access to my bitcoins immediately. And that is what I really like in storing my bitcoins to an exchange.
hero member
Activity: 3052
Merit: 606
May 11, 2017, 01:24:55 AM
i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
May 10, 2017, 11:04:21 PM
It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
Using exchange wallet is more easy to use our fund everywhere, need to use trusted exchange but better not to put all your fund in one exchange, separate your fund so when one website exchange down you still have fund in another exchange, if you have big fund better to use offline wallet because you have access to the private key.
sr. member
Activity: 415
Merit: 250
May 10, 2017, 09:09:25 PM
i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
May 10, 2017, 09:07:28 PM
     Well there are many ways to store bitcoins it is just up to you where do you wanna store it, there is an offline wallet were you need to download it and store you bitcoin offline. They say it is the safest because its offline and no one can hack it and you also can put password on it even its offline. The other way is online there are many sites now that stores bitcoin I personally put my bitcoins on this site => https://wallet.btc.com/ and also there is another one which is => coinbase.com. So it is really up to you where do you want to put you bitcoin. I would prefer offline because less risks of hackers.
hero member
Activity: 1190
Merit: 500
May 10, 2017, 08:18:55 PM
I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.
I think saving bitcoin in exchange will be a little risky because of the possibility of a scam from the exchange itself. I think it would be better if you keep it in the wallet even though it's a bit bitcoin
newbie
Activity: 16
Merit: 0
May 10, 2017, 07:27:16 PM
Trezor is working well for me. However, the high priority fee will need to be adjusted in future to get around congestion.
hero member
Activity: 3080
Merit: 603
May 10, 2017, 07:25:37 PM
It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
sr. member
Activity: 336
Merit: 252
May 10, 2017, 03:54:56 PM
I use Ledger Wallet. Safe and reliable Lips sealed
what are your experienced with this wallet? I'm looking to buy this hardware wallet as well so that's why I'm asking. I've heard the user experience is great and it's really easy to set up. Is that true?
full member
Activity: 157
Merit: 100
May 10, 2017, 01:15:04 PM
I use Ledger Wallet. Safe and reliable Lips sealed
newbie
Activity: 28
Merit: 0
May 10, 2017, 07:13:55 AM
It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently
sr. member
Activity: 1372
Merit: 275
May 08, 2017, 01:09:05 PM
I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.
sr. member
Activity: 854
Merit: 267
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May 08, 2017, 01:08:09 PM
I store them in a Bitcoin web wallet i guess it is one of the most recommended to do because it is very useful and easy to uses anywhere in pc or in your phone also have a great security for us so nodoubt it is the best for most of the people or bitcoin holders.
hero member
Activity: 742
Merit: 500
May 08, 2017, 12:00:33 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I always store my bitcoins in my electrum wallet.Its safe.More over,we can set our transaction fees manually.A seed is generated for our password and it can be used to recover our account in future in case of laptop damaged.
sr. member
Activity: 524
Merit: 250
May 08, 2017, 10:57:33 AM
I use web wallet only. Everything is okay if we active 2fa. I use bitcoin for everything, I'm happy with the existence of the bitcoin because online transactions more quickly and cheaply, in addition I use bitcoin to pay some bills, water, electric and some other bills.
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