Topic: How to safely store bitcoins? - page 2. (Read 1983 times)
Can anyone tell me why should I buy bitcoins, have there any guarantee for future ? I am interested about Gambling Advertising Network.
All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
this is one of the main reasons that i don't like paper wallets. i do use them, but i never use them as the only form of media that i back up a wallet with. too much risk there.
All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
You should always make a few backups, no matter you are using paper wallet, bitcoin-qt or multibit.
You could then store them in several different safe places.
All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
Hey guys, I bought a few bitcoins lately and am now wondering what is the safest way to store them? Is it enough to store them on a multibit-wallet, with the private keys backed up on a few usb-sticks? Or should I use Armory or something? Or even a paper-wallet?
I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me
I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me
Paper wallet correctly generated, with BIP 38 encryption is the safest IMO.
Using multibit is alright as long as your machine is free of malware and hacking.
offline ''cold'' storage on 2-3 places (computes, usb stick, dvd...)
Offline is always the way to go. Back them up on usbs and cds. Keep a little amount in a bloclchain.info wallet to spend or something.
I keep my wallet.dat files offline and boot them on a comp I know to be safe.
I set up a wallet.dat on my offline computer. I made copies of the wallet.dat on 3 USB drives, sent myself the bitcoin address in a text file (so I could send coins directly to cold storage), then deleted the wallet.dat from the computer. Voila! On the USB drives and nowhere else. I keep them in 3 different physical locations.
The safest way to store bitcoins is using "cold storage" -- storing them on a type of media that does not connect to the internet. So, a CDR, flash drive, paper wallet, USB, etc. Here is some good information:
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
If you want to just hold the bitcoins, or majority of them, I suggest you make a paper wallet. Paper wallets are easy to secure and when done correctly they're fully offline. There are some good guides on how to properly make a secure paper wallet. I've not used Armory but I've heard it's a very good solution too. Armory is especially good if you need to access the coins frequently.
Maybe split them into 2 pieces and 1/2 on armory and 1/2 on printed into waterprooof foil sealed paper wallet
Hey guys, I bought a few bitcoins lately and am now wondering what is the safest way to store them? Is it enough to store them on a multibit-wallet, with the private keys backed up on a few usb-sticks? Or should I use Armory or something? Or even a paper-wallet?
I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me
I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me
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