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Topic: How do you store your bitcoins? - page 73. (Read 92212 times)

hero member
Activity: 1582
Merit: 523
April 12, 2017, 10:01:50 PM
I store my bitcoins in different wallet, online wallet like coins.ph, and in exchange. Since, I learn bitcoin since 2015 these are the wallets I always used. And, anytime this gives me safest wallets so far.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
April 12, 2017, 09:06:53 PM
Love my trezor. Hardware wallets are definitely worth the investment.
sr. member
Activity: 297
Merit: 250
April 12, 2017, 08:58:01 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

Definitely in cold storage as the bitcoin hard fork is coming up.

Don't wanna risk losing all your life savings of bitcoin because the exchange site or the wallet site you are storing your coins on doesn't give you the option of getting 2 coins from 2 blockchains.

The safest way is to get a hardware wallet, like trezor or ledger, and then store your bitcoins there.

And back up your seeds, of course.
full member
Activity: 238
Merit: 100
April 12, 2017, 08:55:54 PM
Cold storage, offline all the time. That s the only safe storage you can get. You can keep a very small amount in some online wallet, 2FA authentication combined with email authentication is must have in that case.
full member
Activity: 150
Merit: 100
April 12, 2017, 08:09:57 PM
How i do store my bitcoin that is a good question.
Well i do store my bitcoin in many places but my most important place is my bitcpin wallet.
Some time i need to do exchange to my local currency and save it in my bank account.
I also use it and buy shares in some companies and live it to grow.
legendary
Activity: 2170
Merit: 1427
April 12, 2017, 07:35:27 PM
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.

Electrum is nothing special since it offers features that can be found in other desktop clients as well. Only thing I like about Electrum (that can't be found in many other desktop clients) is that it supports hardware wallets, and that's something I am greatly supporting. If you want to minimize your risk to the lowest possible form, then you'll be needing to use a hardware wallet. But even then, there aren't any guarantees that your coins are 100% safe. If you want your coins to be 100% safe from hackers or any other threats coming from the internet, you'll need to store your private keys offline, and keep them offline.
hero member
Activity: 1008
Merit: 510
April 12, 2017, 07:15:55 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 prefer offline wallets because they are the most secure. As long as you protect you private key and know your wallet address, your Bitcoins can be stored completely safely.
sr. member
Activity: 1624
Merit: 267
April 12, 2017, 07:02:13 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 . 
sr. member
Activity: 378
Merit: 250
Pre-sale - March 18
April 12, 2017, 05:29:39 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.
sr. member
Activity: 360
Merit: 251
April 12, 2017, 04:03:46 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.
sr. member
Activity: 504
Merit: 250
April 12, 2017, 12:48:10 PM
im using two wallet now and it is online wallet and a paper wallet . Im using online wallet for ny everyday transaction , my online wallet doesnt have too much of my bitcoin in it because the bitcoins I saved is on my paper wallet . I am saving it until I doesnt needed it.

I am just using bitcoin wallet exchanger, because currently only have a little satoshi ..

However, if I have a bitcoin in large enough quantities, then I use webwallet block.io
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 12, 2017, 12:23:53 PM
im using two wallet now and it is online wallet and a paper wallet . Im using online wallet for ny everyday transaction , my online wallet doesnt have too much of my bitcoin in it because the bitcoins I saved is on my paper wallet . I am saving it until I doesnt needed it.
sr. member
Activity: 434
Merit: 250
April 12, 2017, 12:15:42 PM
I use a mixture - I have some paper wallets stored in a safe

I have a few bitcoin on my main computer using elctrum wallet

I have .4 ish bitcoins on my Iphone

I have almost a bitcoin on blockchain.info

I figure its good to spread it around (it helps me sleep safer at night)

I recommend downloading a bitcoin wallet in your phone because wherever you are you can use your bitcoin..,
Example when buying a item or food you can use your bitcoin in your wallet using your phone ..
Wallet in phone are safe of course you can put password for security purposes in your bitcoins..
Better use a wallet in your phone just pick a trusted application wallet in your phone defend n what country you are and what type of phone you are using..
sr. member
Activity: 812
Merit: 256
April 12, 2017, 10:51:27 AM
For me! cold storage is the best store bitcoins ( only my opinon)
sr. member
Activity: 334
Merit: 250
April 11, 2017, 08:59:56 AM
I use a mixture - I have some paper wallets stored in a safe

I have a few bitcoin on my main computer using elctrum wallet

I have .4 ish bitcoins on my Iphone

I have almost a bitcoin on blockchain.info

I figure its good to spread it around (it helps me sleep safer at night)

Same here...
full member
Activity: 700
Merit: 100
April 11, 2017, 07:59:52 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 on both online and offline wallet. Mostly on offline wallet though.
I don't really trust online wallet but I still use them to store my Bitcoin. Tongue

I save my money in the wallet blockchain because of all the sites that the safest wallet .but it's up to you if you want to save your money anywhere but I believe in the wallet
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
April 06, 2017, 01:04:31 AM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Actually I store my bitcoin in my wallet of blockchain and mysellium address only because I never feel that I can store my bitcoin safely in the paper wallet or another third party Wallet , Because I have only trust with the blockchain wallet which is official .
Well here I  am using 5to 6 address to store in bulk and also made my backup in this way my all the bitcoin remain safe and I can store it without worrying my funds in the online wallet .
hero member
Activity: 1078
Merit: 504
April 06, 2017, 12:49:01 AM
I store most of my coins in online wallets and exchanges. I know that it's not safe and have to store in some offline wallets but I am not a long term Bitcoin holder. I sell and buy as per the market and hold very less Bitcoins.
full member
Activity: 168
Merit: 100
April 06, 2017, 12:40:48 AM
I spread mine out between offline paper wallets, my Android wallet, my PC wallet, and a couple online wallets. There is a trade-off between security and convenience. Paper wallets are the most secure, but to do anything with them, you have to sweep the wallet, wait for confirmation, etc. By spreading out your holdings, you protect your holdings by reducing your exposure to any one wallet being compromised. Unfortunately, I had to learn this the hard way.
legendary
Activity: 1638
Merit: 1046
April 06, 2017, 12:38:04 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 bitcoin in online wallet as Coinbase and also on trading sites such as poloniex about safety I just use a strong password and 2FA that is proven safe and also more careful if get an email on behalf of the wallet that I wear maybe it was a phishing.

Well since coinbase still alive it still good to save your bitcoin in coinbase but not for too long.. i experience many problem with coinbase before..  the good part there you can sign a message but you can not backup your wallet unlike desktop wallets.. like electrum..
the bad part in coinbase you can not use it in gambling because possibility that you can be suspended..
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