How do you store your bitcoins? - page 90.

BigBoom3599

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Quote from: richardsNY on January 02, 2017, 01:29:46 PM

Quote from: energycr on January 02, 2017, 12:25:30 PM

I will be getting a hardware wallet in the near future because bitcoins are worth more than $1000 a coin now so they are more valuable than ever! Grin

Maybe the ledger nano or even the trezor if they ever come down in price. Wink

Hardware wallets are not a necessity. If you just create a paper wallet containing the private keys it will be more than secure enough assuming you take the right precautions. Same basically goes up for storing your digital wallet files in USB sticks. These methods are free since everyone has a printer and USB sticks at home. I am sure you just want to try out a hardware wallet for the fun, otherwise you would have bought it already (regardless of the BTC price).

Storing your wallet file on a USB stick is different than a hardware wallet. You can still use hardware wallets on infected pc's -which isn't possible with a USB stick- because the private keys never leave the hardware wallet. But if you're careful they can indeed be as safe but much cheaper

richardsNY

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Quote from: energycr on January 02, 2017, 12:25:30 PM

I will be getting a hardware wallet in the near future because bitcoins are worth more than $1000 a coin now so they are more valuable than ever! Grin

Maybe the ledger nano or even the trezor if they ever come down in price. Wink

Hardware wallets are not a necessity. If you just create a paper wallet containing the private keys it will be more than secure enough assuming you take the right precautions. Same basically goes up for storing your digital wallet files in USB sticks. These methods are free since everyone has a printer and USB sticks at home. I am sure you just want to try out a hardware wallet for the fun, otherwise you would have bought it already (regardless of the BTC price).

energycr

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I will be getting a hardware wallet in the near future because bitcoins are worth more than $1000 a coin now so they are more valuable than ever! Grin

Maybe the ledger nano or even the trezor if they ever come down in price. Wink

BigBoom3599

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Quote from: chairul.muttaqin on January 02, 2017, 12:19:22 PM

Quote from: abel1337 on January 02, 2017, 09:35:26 AM

Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For now you can use online free wallets temporarily in saving the funds you will use in order to buy cold storage from trezor.
If you only have lesser bitcoin in your wallet no one will want/try to hack your wallet.

I think online wallet is safe too, like coinbase, blockchain, xapo and extension. They have good quality of security and always upgraded by their development.

They might be safe enough for some change, but they're nowhere near the safety of a hardware wallet. If you store a significant amount of coins, you'd be foolish not to have one.

Zadicar

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Quote from: chairul.muttaqin on January 02, 2017, 12:19:22 PM

Quote from: abel1337 on January 02, 2017, 09:35:26 AM

Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For now you can use online free wallets temporarily in saving the funds you will use in order to buy cold storage from trezor.
If you only have lesser bitcoin in your wallet no one will want/try to hack your wallet.

I think online wallet is safe too, like coinbase, blockchain, xapo and extension. They have good quality of security and always upgraded by their development.

Safe wallet are somehow safe especially when you set 2fa on your account and people would really hardly access that account no matter what but lets think that we dont posses our private keys when we store our bitcoins on an online wallet unlike on having a hardware or desktop wallets.

chairul.muttaqin

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Quote from: abel1337 on January 02, 2017, 09:35:26 AM

Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For now you can use online free wallets temporarily in saving the funds you will use in order to buy cold storage from trezor.
If you only have lesser bitcoin in your wallet no one will want/try to hack your wallet.

I think online wallet is safe too, like coinbase, blockchain, xapo and extension. They have good quality of security and always upgraded by their development.

slapper

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Quote from: agamasrori on January 02, 2017, 12:23:20 AM

Quote from: peps on January 01, 2017, 11:49:19 PM

I store Bitcoin in my hardisk wallet so it is impossible to steal my Bitcoin. My wallet is secure enough even if my harddisk has been stolen, there will be a way to recover those Bitcoin

I preffer like to store my bitcoin in online wallet, becouse it is so practicaly. I can easily withdraw my profit from trading to my online wallet. Its litle risky to talk about it.

They are easier to use and riskier. If you have the large number of Bitcoin, using online wallet is never a good idea because they can collapse at anytime due to a variety of reasons. Try not to use it anymore or use will regret

Roselop

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I prefer to store my bitcoin on blockchain and private wallet on my computer.
sometimes I also invest on some good altcoins for staking online as storing bitcoins to get more earning.

mrkevio

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Quote from: GMPoison on January 02, 2017, 09:08:08 AM

Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For cold storage use multisig paper wallets stored away in various safe locations making it virtually impossible for anyone except yourself to access.

The best thing about them is that thieves probably won't take them even if they found them because Bitcoin isn't popular right now. You can also fold it and hide it wherever you want. Laminating them makes the paper waterproof - if you got a fireproof safe, that'd save you.

abel1337

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Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For now you can use online free wallets temporarily in saving the funds you will use in order to buy cold storage from trezor.
If you only have lesser bitcoin in your wallet no one will want/try to hack your wallet.

GMPoison

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Quote from: alphablitzer on January 02, 2017, 09:03:15 AM

I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

For cold storage use multisig paper wallets stored away in various safe locations making it virtually impossible for anyone except yourself to access.

alphablitzer

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I'm still wondering how I'm going to save my bitcoins . I want to buy a cold storage a Trezor, or mycelium or something. I like to have that but I still don't have money to buy it. It's expensive but I want to have it because I think it's safe.

vapourminer

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what is this "brake pedal" you speak of?

Quote from: neonshium on January 02, 2017, 03:27:28 AM

Quote from: str4wm4n on January 01, 2017, 05:49:39 PM

http://cryptosteel.com

most secure wallet I know of

I've never heard of this wallet.. first time I am seeing this website.. I don't think an unkown wallet can be safe compared to millions of peoples trusted wallets, like Electrum, Blaockchain etc.

think of it as a paper wallet made of metal.

i like it myself. may get one but then again may as well just engrave it on a plate of stainless steel and bury it or something.

ponhopr69

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I don't have a lot YET, so I store them in various investment sites, generating more

SHAWN-MIDWAYS

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Quote from: BingoDog on January 02, 2017, 04:23:26 AM

I use two wallets blockchain and mycelium. I don't have much coins but I don't like to keep them just at one place. I'm happy with this wallets features and so far had no problems. But if I had large amount of bitcoins I wouldn't keep them in online wallets I think they are the least secure.

Correct if you have a large amount of bitcoins a hard wallet would be the best option especially if you are holding coins ,but if you are usually on the go I think blockchain.info wallet is well equipped for the job. Just remember to set the extra security features to avoid losing your bitcoins.

BiTZeD

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I simply store them on an Electrum wallet. Considering I have not that much money right now, that's a great compromise between security and ease of access.

daringdiscovered

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I divide it to many bitcoin wallets to reduce the risk of losing all of it in an instant. I use different email for each of the wallets and secure them well. I just transfer some amounts to my main wallet when i need some cash. I enable the 2fa of all of my wallets to prevent someone have access to it.

BingoDog

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I use two wallets blockchain and mycelium. I don't have much coins but I don't like to keep them just at one place. I'm happy with this wallets features and so far had no problems. But if I had large amount of bitcoins I wouldn't keep them in online wallets I think they are the least secure.

Amph

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Quote from: peps on January 01, 2017, 11:49:19 PM

I store Bitcoin in my hardisk wallet so it is impossible to steal my Bitcoin. My wallet is secure enough even if my harddisk has been stolen, there will be a way to recover those Bitcoin

i hope those hard disk are not powered or connected in any way to the internet, otherwise you can't call it secure

Quote from: str4wm4n on January 01, 2017, 05:49:39 PM

http://cryptosteel.com

most secure wallet I know of

is this a new trezor thing? look cheaper though, if it has the same security level and not like those "usb trezor" it would be better

neonshium

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Quote from: str4wm4n on January 01, 2017, 05:49:39 PM

http://cryptosteel.com

most secure wallet I know of

I've never heard of this wallet.. first time I am seeing this website.. I don't think an unkown wallet can be safe compared to millions of peoples trusted wallets, like Electrum, Blaockchain etc.

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