How do you store your bitcoins? - page 65.

DoublerHunter

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Quote from: crwth on May 07, 2017, 11:39:16 PM

I use my old laptop to store my savings in an Electrum Wallet which has never been connected to the internet, so it's pretty safe in my opinion. I haven't tried paper wallets that could save me a lot of time; I'm just worried that it if I lost the paper wallet or something. I also have a hot wallet for my day-to-day transactions.

Paper wallets are good to use, in my opinion. I used paper wallet for a few times because my hot wallet online is not that good in security because i received that my password got changed so i get some paper wallets and i can say that it is more comfortable to have a paper wallet rather than having an offline software wallet because you can hold and you secure your paper wallet because it is physical and you will not be worry about having an hardware issue to your laptop. Paper wallets are so convenient for me Roll Eyes

.

crwth

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I use my old laptop to store my savings in an Electrum Wallet which has never been connected to the internet, so it's pretty safe in my opinion. I haven't tried paper wallets that could save me a lot of time; I'm just worried that it if I lost the paper wallet or something. I also have a hot wallet for my day-to-day transactions.

Viviyang

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Quote from: cryptomium on May 03, 2017, 11:55:34 AM

I store my bitcoin in my local computer using electrum. I use it because it is easy and does not need to download the full blockchain. It has also an automatic transaction fee adjustment where you can set it according to how fast you want your bitcoin transaction to be confirmed.

I also use the same bitcoin wallet. It is so much user friendly wallet and also doesn't take so much long time to get up and running and also takes so much less disc space as compared to the bitcoin core which takes so much space to download entire blockchain.

Rasel5209

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i keep my btc trading site causes regularly i trade for earn. when i store my btc i choice online all wallet. i believe and firstly i can transfer.

Russlenat

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for me I store my bitcoin on my online wallet. I don't store it in my computer due to some issues of my computer may be it will be break someday.hehe. I using my old acer laptop.

Kasabus

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Quote from: Lady Coquet on May 04, 2017, 06:54:36 AM

Quote from: yellowcat1771 on January 31, 2016, 04:53:22 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 all of my bitcoins in my online wallet because i believe that my online wallet that i use is 100% trusted unlike some online wallet that they are scam and that is very dangerous because all of your hard works in earning bitcoin will be gone in a second.

Would you care to share your online wallet? If that will be safer, I might use it..

Lady Coquet

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Quote from: yellowcat1771 on January 31, 2016, 04:53:22 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 all of my bitcoins in my online wallet because i believe that my online wallet that i use is 100% trusted unlike some online wallet that they are scam and that is very dangerous because all of your hard works in earning bitcoin will be gone in a second.

crockoo

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Quote from: HongKong on May 03, 2017, 03:09:31 PM

I try to store Bitcoin wherever I can because I don't like to have everything in one place. There's nice Bitcoin software's that are out in the Internet and they have fancy designs with feature cool things. I am not into any of that, I just use a regular Bitcoin software that contains a Bitcoin address then send Bitcoin to that address. Encrypting the wallet with a password is one of the must do's when storing something for a very long-time and it's easy to overlook -I recommend that you guys begin to do that.

And I once made the mistake of giving a password to one site, and now I'm worried about who can have passwords other than me yet.

HongKong

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I try to store Bitcoin wherever I can because I don't like to have everything in one place. There's nice Bitcoin software's that are out in the Internet and they have fancy designs with feature cool things. I am not into any of that, I just use a regular Bitcoin software that contains a Bitcoin address then send Bitcoin to that address. Encrypting the wallet with a password is one of the must do's when storing something for a very long-time and it's easy to overlook -I recommend that you guys begin to do that.

kikeda

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Quote from: vegito on May 03, 2017, 02:05:55 PM

I'm using Electrum wallet, but I am considering buying a hardware wallet when I increase my Bitcoin stake.

That's a good decision as your bitcoins will be really safe in hardware wallet and it will become impossible for an hacker to steal your bitcoins and as of now electrum is the best wallet to store our bitcoins.

vegito

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I'm using Electrum wallet, but I am considering buying a hardware wallet when I increase my Bitcoin stake.

Narosya

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Quote from: Format.C^ on May 03, 2017, 01:08:59 PM

Quote from: roadbits on May 03, 2017, 12:39:04 PM

Quote from: ?? on ??

Quote from: stadus on May 03, 2017, 03:18:58 AM

Quote from: fujyo86 on May 03, 2017, 03:04:01 AM

I store my bitcoin only in exchanger. As a fund to trade with altcoin.
Because amount of bitcoin I have is still small.

That's acceptable, it is for your convenience anyway but the moment you will grow your bitcoins, make sure you will diversify it to maintain safety.
If you have read some hacking incident in exchange sites in the past, it might change your mind keeping your bitcoin in exchanges only.

We should pretty concerned when we're talking about to store our Bitcoin. Store our Bitcoin in exchange site, then there were a couple of reason coming in the front. We can't believe any thus of exchange site anymore, it's completely full of risk, possibility to hack anytime. After noticing that we should turn into other methods. Like others I've been looking into the best ways to store Bitcoins and that's methods of cold storage.

Many people will prefer to store in BTC exchange site because it is easy to sell and buy coins. if we keep it in cold storage or offline or any other method it is a bit tough to do trading. I also prefer BTC exchanger site to store my coins. It is not safe, but I will not keep more coins, so I don't care for hacking and other things.

Its risk to store your bitcoins at a single place and that also on exchange sites as few sites got hacked in the past and that made people to loose all their bitcoins so its good to keep only small amount there and rest should be saved in offline wallet.

I was already given advice to keep my Bitcoin in several purses while one should be on a personal table or a flash drive. One purse to use for storage from another for financial transactions.

TrissMerigold

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only on web based wallet ..thats because im still earning low amount Grin

Format.C^

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Quote from: roadbits on May 03, 2017, 12:39:04 PM

Quote from: ?? on ??

Quote from: stadus on May 03, 2017, 03:18:58 AM

Quote from: fujyo86 on May 03, 2017, 03:04:01 AM

I store my bitcoin only in exchanger. As a fund to trade with altcoin.
Because amount of bitcoin I have is still small.

That's acceptable, it is for your convenience anyway but the moment you will grow your bitcoins, make sure you will diversify it to maintain safety.
If you have read some hacking incident in exchange sites in the past, it might change your mind keeping your bitcoin in exchanges only.

We should pretty concerned when we're talking about to store our Bitcoin. Store our Bitcoin in exchange site, then there were a couple of reason coming in the front. We can't believe any thus of exchange site anymore, it's completely full of risk, possibility to hack anytime. After noticing that we should turn into other methods. Like others I've been looking into the best ways to store Bitcoins and that's methods of cold storage.

Many people will prefer to store in BTC exchange site because it is easy to sell and buy coins. if we keep it in cold storage or offline or any other method it is a bit tough to do trading. I also prefer BTC exchanger site to store my coins. It is not safe, but I will not keep more coins, so I don't care for hacking and other things.

Its risk to store your bitcoins at a single place and that also on exchange sites as few sites got hacked in the past and that made people to loose all their bitcoins so its good to keep only small amount there and rest should be saved in offline wallet.

roadbits

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Quote from: ?? on ??

Quote from: stadus on May 03, 2017, 03:18:58 AM

Quote from: fujyo86 on May 03, 2017, 03:04:01 AM

I store my bitcoin only in exchanger. As a fund to trade with altcoin.
Because amount of bitcoin I have is still small.

That's acceptable, it is for your convenience anyway but the moment you will grow your bitcoins, make sure you will diversify it to maintain safety.
If you have read some hacking incident in exchange sites in the past, it might change your mind keeping your bitcoin in exchanges only.

We should pretty concerned when we're talking about to store our Bitcoin. Store our Bitcoin in exchange site, then there were a couple of reason coming in the front. We can't believe any thus of exchange site anymore, it's completely full of risk, possibility to hack anytime. After noticing that we should turn into other methods. Like others I've been looking into the best ways to store Bitcoins and that's methods of cold storage.

Many people will prefer to store in BTC exchange site because it is easy to sell and buy coins. if we keep it in cold storage or offline or any other method it is a bit tough to do trading. I also prefer BTC exchanger site to store my coins. It is not safe, but I will not keep more coins, so I don't care for hacking and other things.

cryptomium

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I store my bitcoin in my local computer using electrum. I use it because it is easy and does not need to download the full blockchain. It has also an automatic transaction fee adjustment where you can set it according to how fast you want your bitcoin transaction to be confirmed.

prass tyo

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I store in multiple blockchain accounts in uniform amounts to be inconspicuous, it's also as little as I have

no0dlepunk

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Believe it or not, I have a tattoo of a QR code of 1BTC Grin

SimmonenY

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I think it's better to store your coins on a several different places, I have my btc on Electrum and a few web wallets.

stadus

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Quote from: fujyo86 on May 03, 2017, 03:04:01 AM

I store my bitcoin only in exchanger. As a fund to trade with altcoin.
Because amount of bitcoin I have is still small.

That's acceptable, it is for your convenience anyway but the moment you will grow your bitcoins, make sure you will diversify it to maintain safety.
If you have read some hacking incident in exchange sites in the past, it might change your mind keeping your bitcoin in exchanges only.

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