How do you store your bitcoins? - page 72.

Intersan

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Quote from: crazycatwoman03 on April 14, 2017, 11:10:49 PM

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 my bitcoins on an online wallet. This wallet is where all my earnings from signature campaigns go.

I store my bitcoin in an online wallet too. I think that is what most of the people here do but I have noticed that some of them have mentioned hardware wallet. I wonder what it is?

FasTroy

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Quote from: KingdomHearts on April 15, 2017, 03:56:39 PM

Quote from: duckydonald on April 12, 2017, 04:29:39 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins.

i do not think that online wallet are risky because i am already using about from 2 years and i do not face any problem so i consider that online wallet is good and secure.

I strongly agree with you, The most of known online wallets are highly secure. When we talk about blockchain or maybe XAPO. There are top secure. I save my bitcoin in xapo wallet since 3 years and till now i don't have any problems with them. furthermore xapo have a lot of advantage, I mean here
- Transactions without fees.
- Instantly transactions from xapo account to another xapo account.( you don't need comfirmation)

KingdomHearts

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Quote from: duckydonald on April 12, 2017, 04:29:39 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins.

i do not think that online wallet are risky because i am already using about from 2 years and i do not face any problem so i consider that online wallet is good and secure.

ivanpoldark

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I store my bitcoin in a few online wallets. It saves a lot of time, but sometimes i concerned about their secure and safety.

BartS

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I don’t have many coins so I think it will be overboard to try to get cold storage or a hardware wallet or even a paper wallet for the low amount of bitcoin that I have so I just store my coins in my personal computer with a desktop wallet.

CoinFoxs

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Quote from: arransiv on April 13, 2017, 07:33:54 AM

In an online wallet that has all the authentications possible turned on,for me that's a good way to store your BTC,I know a lot of people will say that you have to store it on a paper wallet for example but I operate with my BTC quite a lot and that wouldn't be possible

Online wallets are best place to store your bitcoins but only if you activated 2 factor authentication method otherwise it is very risky because according to news north korean hackers stole money from south korean exchange so there are many hackers who are waiting to stole your bitcoins so be careful and activate 2FA so on every transaction exchange manager ask you to confirm that transaction via text and email.

Nanda Dewi277

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Quote from: delliaerd on March 11, 2017, 10:27:39 PM

Quote from: BeGoods on March 11, 2017, 10:16:55 PM

Quote from: bitbob82 on March 10, 2017, 07:00:05 PM

Quote from: Mike Mayor on March 10, 2017, 05:34:11 PM

I use blockchain.info to store them and I use paper wallets for longer term. I do try some other wallets at times but I dont feel a need to use them since I like blockchain.info If I had many bitcoins then I would only trust a full qt wallet with serious amounts like that. For quick transactions online ones are far and you can't walk around running a full wallet on your phone xP

to me i personally using double wallets one is from blockchain.info and second is yobit.net. one is fo my personal use to spend bitcoin and the second is for trading and investment purposes.

I think yobit not the wallet but if you use it only for trading activities was not a problem but you have kept on standby for a third party no one is safe on the internet

Bitcoin wallet to store bitcoin such as Coinbase blockchain.info , xapo and others. Yobit is mostly a exchanger site. So perhaps more accurately when you put money in yobit actually you have deposited your money to trade, not really means you store on it . A website exchanger is not suitable for storing Bitcoin in the long term

yes, it is true, wallet market is used only to trade not to save bitcoin in the long term.
and save bitcoin in the market is very unsafe.

crazycatwoman03

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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 my bitcoins on an online wallet. This wallet is where all my earnings from signature campaigns go.

ankit10

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i store all my bitcoins in online wallet ,becasue its easay to use from anywhere and anytime but we have to secure our online wallets from attackers that's why its better to use 2 fact. authenticaton,but i think its better to use paper wallet as it is saffest way to store your bitcoin.

Casabrandy

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Quote from: sakira on January 31, 2016, 09:50:52 AM

I store bitcoin in online wallet and I also use a mobile wallet so that when I am outside of home I still can make transactions.

I stored my btc most of the time on some investment site that are reliable and offers good return, and if there are non on abstinent that strikes my attention for investing . I store it on my online wallet tat offers lot of features. For example is eloading,payment center and cash out thru ATM instantly without a Atm card in need, we just only need to find some reliable investing nd wallet site for us to felt secure storing and growing our btc.

arransiv

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In an online wallet that has all the authentications possible turned on,for me that's a good way to store your BTC,I know a lot of people will say that you have to store it on a paper wallet for example but I operate with my BTC quite a lot and that wouldn't be possible

roadbits

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Quote from: virasog on April 13, 2017, 06:48:31 AM

Quote from: duckydonald on April 12, 2017, 04:29:39 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins.

Not all offline wallet is safe and even online, but for me I better choose online wallet because I can easily access it wherever I am and wherever I want to. Also i trust Online wallets as there is no hassle of private key etc. Offline wallet has the problem that if your system is crashed and you dont have your private key you will lose your coins.

According to my knowledge, online wallets is better, because if anything happens we can have chance to get back our money. But offline wallet system crashed means it's gone. I don't know how to get my wallet balance back. So I preferred online wallet. And I will not hold coins more days in online wallets I will sell coins whenever I feel the rate is good.

virasog

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Quote from: duckydonald on April 12, 2017, 04:29:39 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins.

Not all offline wallet is safe and even online, but for me I better choose online wallet because I can easily access it wherever I am and wherever I want to. Also i trust Online wallets as there is no hassle of private key etc. Offline wallet has the problem that if your system is crashed and you dont have your private key you will lose your coins.

232drialf

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I am store bitcoin in exchanger,. Because once I use to trade with altcoin.
So, I could have two advantages. No need walletqt and economical cost of transaction.

Astvile

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Quote from: Question123 on April 12, 2017, 06:02:13 PM

Quote from: duckydonald on April 12, 2017, 04:29:39 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins.

Not all offline wallet are safe but you can save it high amount of bitcoin there. I use online wallet And I thimk it safe like blockchain and coinbase and even my country's wallet . I like online wallet because you can easily learned how to use it. ONLINE WALLET update so you can use many features and they have always authentication or code that send to your gmail yo be secure and other wallet have vault like coinbase .

Yes thats the good features of online wallets as you stated.Secure enough but not totally secured for someone.No internet system is safe by this time anything can be hacked.New wave of technology.So still for me not storing in online wallets is still safer for me.yeah i also use online wallets but only for transactions and not by storing bitcoins through it

DoublerHunter

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Quote from: NEWGOODOUBLE on April 12, 2017, 09:34:13 PM

Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

yeah without synchronization or whatever it is. online wallet is much easier to use and can be taken anywhere without the need to carry a computer or your latpop

It is good to use online wallet when you are just storing a few bitcoins but if you are a serious bitcoin holder or investor then you are using online wallet then i can say to you that you are putting your bitcoins in danger because online means not secured because there is no safe thing in the internet and all the things in the internet are not safe so it is better if you use hardware wallet for storing big amount of bitcoins.

Ossidalm

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Quote from: PhucS on April 13, 2017, 01:21:37 AM

At the start I earn Bitcoin, I only knew how to store Bitcoins online on the internet through Blockchain and Coinbase wallets. These are two types of wallets used to store Bitcoins online quite well, it is quite popular with everyone. Blockchain's transaction fees are quite expensive, but its security is pretty good. Coinbase too, previously Coinbase did not charge but now fees have been applied. Currently, I use a combination of both online storage and stored on a computer with software. In the future, I plan to store my Bitcoin through a device that is almost like usb, which is the Ledger USB wallet Cheesy

I always store the bitcoin in my own wallet. First I use QT, then Core, now the Unlimited wallet.

PhucS

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At the start I earn Bitcoin, I only knew how to store Bitcoins online on the internet through Blockchain and Coinbase wallets. These are two types of wallets used to store Bitcoins online quite well, it is quite popular with everyone. Blockchain's transaction fees are quite expensive, but its security is pretty good. Coinbase too, previously Coinbase did not charge but now fees have been applied. Currently, I use a combination of both online storage and stored on a computer with software. In the future, I plan to store my Bitcoin through a device that is almost like usb, which is the Ledger USB wallet Cheesy

lemonade09

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If I'm you I would store my bitcoin in my computer in web or in my phone ..but I recommend storing your wallet in your phone .
So that you can easily use it where ever you are you can buy things that you wanted using your phone in many stores that accepting bitcoins.
However if you don't like spending your bitcoin and your a guy who just work at home and stay in your home all day I your recommend to use a wallet in your computer or wallet that is in your web just be careful to use a trusted wallet that has no fee or low fee and you also need to consider that exchange rate in your wallet..

NEWGOODOUBLE

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Quote from: Turk Ace on April 12, 2017, 03:03:46 PM

I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.

yeah without synchronization or whatever it is. online wallet is much easier to use and can be taken anywhere without the need to carry a computer or your latpop

Topic: How do you store your bitcoins? - page 72. (Read 92247 times)