How do you store your bitcoins? - page 74.

Sled

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Bitcoin- in bullish time

Quote from: bitgolden on April 05, 2017, 03:37:12 PM

Quote from: Pettuh4 on April 03, 2017, 04:58:12 PM

Quote from: Antoshka on April 03, 2017, 01:04:13 PM

I store my bitcoins in a web wallet. I never had problems with etim. I am sure that they are safe and nobody will steal them.

Well I have never had an issue like that with the web wallets but to be safe I'd suggest you go for cold storage and try keeping your private

Yeah I don't think you can say nobody will steal them but I would definitely say that you aren't running to much of a risk if you go with well known wallets like coinbase. You should'nt use an online wallet if you have a huge sum of money in BTC though. I would recommend a wallet you can download for extra protection.

Yes that is right. There is a risk when you are using popular wallets like coinbase because that is what hackers targets, the popular and the most crowded sites or online wallets because there is always big money in there. If you want to be secure, it is great to buy a hardware wallet and forget putting a lot of money in online wallets because that is like a gambling where you are risking your money without assurance that it is safe.

ufaiz50

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 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 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.

Machine Funk

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I use online wallet. Blockchain.info it works well. I also used Spector. I have never used full btc wallet. The download is too big for me. Tongue

bitgolden

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Quote from: Pettuh4 on April 03, 2017, 04:58:12 PM

Quote from: Antoshka on April 03, 2017, 01:04:13 PM

I store my bitcoins in a web wallet. I never had problems with etim. I am sure that they are safe and nobody will steal them.

Well I have never had an issue like that with the web wallets but to be safe I'd suggest you go for cold storage and try keeping your private

Yeah I don't think you can say nobody will steal them but I would definitely say that you aren't running to much of a risk if you go with well known wallets like coinbase. You should'nt use an online wallet if you have a huge sum of money in BTC though. I would recommend a wallet you can download for extra protection.

lite

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Quote from: CODE200 on April 04, 2017, 01:45:02 PM

I store my bitcoin on online wallet because my friend told me that it is much safer to store bitcoins there. but you need to pick the right online wallet which is much safer to store your bitcoins. But some people store there bitcoins in offline wallet because they think it is much safer.

Online wallets are not hack proof, if don't own the private keys you might lose your bitcoins.(if online wallet gets hacked). only keep small amount for spending. it's better to use desktop wallet like electrum or mobile wallet mycelium.

CODE200

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I store my bitcoin on online wallet because my friend told me that it is much safer to store bitcoins there. but you need to pick the right online wallet which is much safer to store your bitcoins. But some people store there bitcoins in offline wallet because they think it is much safer.

micher143

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I store my bitcoins in my online wallets because for that is more safer and no one can access it only me. I prefer online wallet because the transactions that I will made will became instant and it's hassle free. And in online wallet you can transfer your bitcoin in to your bank account in an instant that is the feature that I like that you can exchange your bitcoin into cash in an instant.

magneto

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

Definitely cold storage.

The reason behind this being that is that my coins are secure in cold storage, i don't need to worry about sites being hacked.

And also, if there was going to be a fork, i'll get coins on both chains Wink

Sled

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Bitcoin- in bullish time

Quote from: erickkyut on April 04, 2017, 03:14:47 AM

I'm just using an online local wallet to keep my bitcoin. I activated the two factor authentication to avoid being scam. I let m bitcoin stay in my wallet them withdraw them when I need money. Sometimes, I like to invest it rather than to keep it on my wallet to earn more.

I also do the same thing as you, i just store my bitcoins in one online wallet and i keep it for a bit long time and just wait for the price to climb up more. I put it in online wallet because it is easy to touch when i need money and the online sites also comes with a app for smartphones so it is very easy to use.

erickkyut

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I'm just using an online local wallet to keep my bitcoin. I activated the two factor authentication to avoid being scam. I let m bitcoin stay in my wallet them withdraw them when I need money. Sometimes, I like to invest it rather than to keep it on my wallet to earn more.

majeed

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Quote from: the-bitcoiner on April 04, 2017, 01:36:12 AM

I use Ledger Waller. Very cool thing. Never worrying about my coins

I will buy one ledger wallet when I have enough money. NOthing need to be worried when we use this type of wallet. All hardware wallets are awesome and private key are safe when we use them.

stadus

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Quote from: Sadlife on April 04, 2017, 12:18:18 AM

Best way to store bitcoins is to store it in multiple wallets and you could store it as well in your computer and put some extra security features in it so that you know that your money is safe.
Well for me i dont really have lots of bitcoins to store lol

Right now, online security is getting stronger but it's not advisable to keep all your bitcoins online because it would be more safer if it's offline to minimize the risk. Also for online storage, it's good if you learn how to diversify your coins and put additional security features like 2FA if it's possible in your online wallet. Always monitor the site where you put your money and never trust it in exchange site as they are prone to hacking.

the-bitcoiner

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I use Ledger Waller. Very cool thing. Never worrying about my coins

Sadlife

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Best way to store bitcoins is to store it in multiple wallets and you could store it as well in your computer and put some extra security features in it so that you know that your money is safe.
Well for me i dont really have lots of bitcoins to store lol

shamzblueworld

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For now just one wallet on my laptop, but after reading a lot of comments I think it will be good to spread them. So will be getting to know more about cold storage and paper wallets now.

Digitalbitcoin

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I am using online wallets only for staking and storing my BTC as well as other altcoins.

I prefer online storing just for fast synchronization and hassle free transactions.

If using offline wallets then it takes time to get synchronized within network and which can lead to delay.

Actually Blockchain, Blockr, Coinbase are good wallet services with higher security.

btcmylove

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 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 in Offline Wallet,I think this is the safest way to store,I am sure that bitcoins are safe and nobody will steal them.i also like to use online wallet in future as it is more convenient for me to use it instead of banks.

AjithBtc

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Quote from: Pettuh4 on April 03, 2017, 04:58:12 PM

Quote from: Antoshka on April 03, 2017, 01:04:13 PM

I store my bitcoins in a web wallet. I never had problems with etim. I am sure that they are safe and nobody will steal them.

Well I have never had an issue like that with the web wallets but to be safe I'd suggest you go for cold storage and try keeping your private

As said web wallets are highly secure. Cold storages are good for long term holding purpose who doesn't use those in between for any other needs. For regular usage web wallets can be preferred than cold storage or offline wallets.

bravehearth0319

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

For what I do now is I just stored my bitcoin in my electrum wallet, and mulitbit hd, So far I'm not facing any issues on these two wallets I used. So I can assured and recommend this to anyone to try to use also your bitcoin is very safe with this wallet.

andrew24p

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Storing bitcoin in your prison wallet is really the only solution. Right up the butt past the third sphincter.

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