Topic: How do you store your bitcoins? - page 82. (Read 92212 times)
I am using Coinbase wallet for BTC. I usually store my BTC on my Coinbase wallet. Then I sell it on my local market for local currency. Sometimes, I am shopping some useful things for me to the online market. Besides that, I store my BTC on my wallet for future Bitcoin Trading. Cause, I want to be a Bitcoin Trader.
Because my bitcoin is not much so I just leave it in blockchain wallet without backup it anywhere
i mostly have my BTC on paper wallets in a safe, but i do keep a small amount in breadwallet just for showing people and send small amounts. I think for long term storage paper wallets or offline hardware wallets are the way to go, the difference being paper wallets are free, which i like 
You don't think that's risky?
what if you have fire? (assuming your safe isnt fire proof)
I keep some on my phone, and most in coinbase.
What you told is correct keeping paper wallet in a safe is also risky but instead you can make a printed copy in some good options life coffee mug, any show piece so it will be safe.
and you told that you are holding in coinbase which is a web wallet which is also not good as you dont have private key of the coinbase wallet and if tomorrow any thing happen or coinbase close your account you can do nothing . So it is better to store it in desktop wallet like electrum which is very easy to use and very safe
i mostly have my BTC on paper wallets in a safe, but i do keep a small amount in breadwallet just for showing people and send small amounts. I think for long term storage paper wallets or offline hardware wallets are the way to go, the difference being paper wallets are free, which i like
You don't think that's risky?
what if you have fire? (assuming your safe isnt fire proof)
I keep some on my phone, and most in coinbase.
What you told is correct keeping paper wallet in a safe is also risky but instead you can make a printed copy in some good options life coffee mug, any show piece so it will be safe.
and you told that you are holding in coinbase which is a web wallet which is also not good as you dont have private key of the coinbase wallet and if tomorrow any thing happen or coinbase close your account you can do nothing . So it is better to store it in desktop wallet like electrum which is very easy to use and very safe
i mostly have my BTC on paper wallets in a safe, but i do keep a small amount in breadwallet just for showing people and send small amounts. I think for long term storage paper wallets or offline hardware wallets are the way to go, the difference being paper wallets are free, which i like
You don't think that's risky?
what if you have fire? (assuming your safe isnt fire proof)
I keep some on my phone, and most in coinbase.
I am a coinbase user about 2years past.Still now ,i am using coinbase wallet. i have store my coin in online wallet.When i earn Bitcoin,i sold them for local curency and sometimes i take recherge from online using my coin.Now a day's i am thinking about store my coin.Because i wanted to be Bitcoin trader.Desktop or hardware wallet are best for stored bitcoin i heared it by this forum member.But i have no idea about those wallet. But i will learn quickly using those wallet. those wallet are fully safe and secured.
I tried few desktop wallets, Electrum seemed pretty much best and easiest to use, very friendly, and maybe somewhat basic userface. For hardware wallet I only tried Ledger HW1, I was also new at this, but with little help from internet you'll learn it really fast. I think there is official video on their website, and also you get manual when you order it.
If you gonna use bitcoin for trading I dont see problem in keeping some small amount on exchange.
I am a coinbase user about 2years past.Still now ,i am using coinbase wallet. i have store my coin in online wallet.When i earn Bitcoin,i sold them for local curency and sometimes i take recherge from online using my coin.Now a day's i am thinking about store my coin.Because i wanted to be Bitcoin trader.Desktop or hardware wallet are best for stored bitcoin i heared it by this forum member.But i have no idea about those wallet. But i will learn quickly using those wallet. those wallet are fully safe and secured.
I tried few desktop wallets, Electrum seemed pretty much best and easiest to use, very friendly, and maybe somewhat basic userface. For hardware wallet I only tried Ledger HW1, I was also new at this, but with little help from internet you'll learn it really fast. I think there is official video on their website, and also you get manual when you order it.
If you gonna use bitcoin for trading I dont see problem in keeping some small amount on exchange.
I only use android phone wallet because I do not have an incredible amount of Bitcoins, and it is fast, secure and I can spend my Bitcoins wherever I go. And I do not really have space or time to download Bitcoin core, the mobile wallet is good enough for me.
I am a coinbase user about 2years past.Still now ,i am using coinbase wallet. i have store my coin in online wallet.When i earn Bitcoin,i sold them for local curency and sometimes i take recherge from online using my coin.Now a day's i am thinking about store my coin.Because i wanted to be Bitcoin trader.Desktop or hardware wallet are best for stored bitcoin i heared it by this forum member.But i have no idea about those wallet. But i will learn quickly using those wallet. those wallet are fully safe and secured.
Most of btc is stored on hardware wallet, in my opinion safest way to hold them. Some small amount is on casino, my biggest vice. And some on faucets and exchanges. Everywhere I can I use maximum protection, like 2 step verification and hard passwords.
to me i am also storing my bitcoin in online wallet. i think online wallets are too good to store my bitcoin, i think one can also use desktop wallet if he has a lot of bitcoin. but still i think there is nothing wrong to online wallet. 
i might use online wallets like blockchain.info as it is more easy to use and very convinient. you can use it any time and anywhere. you can access it everywhere not like the computer based wallets. you just need to have a data connection by using it. you can access it on your mobile phones. and this days data connection is not a problem any more as almost all of the country has a good signals for their data.
As my possessions in bitcoin are not that much so i just keep them in an online wallet called Xapo. I just transfer some bitcoins to localbitcoins.com when i need to sell them and get some cash and keep other in the wallet and everytime try increasing them by working.
there are may bitcoin wallet to store all our bitcoin but i choose to put my bitcoin is multiple wallet to minimize the risk of my money.
That is what most people do and it is definitely a good way to store your Bitcoin. You take away a lot of the risk compared to keeping all of your Bitcoin into one wallet. I personally just bought a new trezor wallet which is where I store most of my Bitcoin. But I also have a Coinbase wallet that I store a small amount of money. This is because I use coinbase on my phone so that I can make transactions on the go without having to take out my laptop. I don't really use any software wallets, but I might start using them in the future instead of Coinbase.Most of btc is stored on hardware wallet, in my opinion safest way to hold them. Some small amount is on casino, my biggest vice. And some on faucets and exchanges. Everywhere I can I use maximum protection, like 2 step verification and hard passwords.
Yes,Hardware wallet is the most safest store for bitcoin.I always use hardware wallet to store big amount of bitcoin.And I store little amount of btc to my online wallet.And obviously I use 2 step verification and hard passwords like others.
Most of btc is stored on hardware wallet, in my opinion safest way to hold them. Some small amount is on casino, my biggest vice. And some on faucets and exchanges. Everywhere I can I use maximum protection, like 2 step verification and hard passwords.
Actually I have not such decent amount of bitcoins.I am certainly busy with exchange and bitcoin related business at every moment.That's why most of time using online wallet to store my bitcoins like blockchain etc.I know that such of online wallet didn't protection our money so much but I am satisfied there service and hardly believe that my little amount of bitcoins will be safe there.
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
i am new in bitcoin and my brother prefer me to store my bitcoin in blockchain. because i also think that online wallet is more practically and simple.
in my observation it is good to save your earning in our bitcoin wallet which can gives you other income because the price of bitcoin is not stable and much time is increasing then you can earn by doing trading method using your bitcoin wallet.
I can't catch your point dude sorry. What do you mean with trading methods using bitcoin wallet. Where you can find bitcoin wallet that you can trading using it. Usually people trade bitcoin on exchanger not on bitcoin wallet.
I think he is confused or new to trading. Anyway if you are interested in trading you need to learn a lot of things about trading. Come to the topic I will store my coins in an online wallet. And I will not keep my coins more days in wallet I will use that coins to play gambling and will sell coins and make fiat currency. So for me, online wallet is safe.
1. Coinbase - comp & IOS wallet BTC & ETH !!!
2. Some papper wallet
3. Super strong security storage in computer!
THATS ALL...
2. Some papper wallet
3. Super strong security storage in computer!
THATS ALL...
in my observation it is good to save your earning in our bitcoin wallet which can gives you other income because the price of bitcoin is not stable and much time is increasing then you can earn by doing trading method using your bitcoin wallet.
You buy and save the bitcoin in any wallet would be best option to increase the bitcoin. As small rank member we need to learn more skills about trading.
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