Topic: How to securely buy and hold onto bitcoin...? (Read 1028 times)
To secure your bitcoin for buy, sell or store it, you must search the wallet that had a private key, private key that just you own and know about it. For know what the wallet can save your bitcoin, you must research all about bitcoin wallet that all people used. Search some review about bitcoin wallet that have private key.
To secure your bitcoin you should only trade to legit site...so how do you know if the site is legit...make some review in that site...do some research and ask for some feedbackto move those coins to a storage method, where you have sole control over your private keys
I have heard of many people and companies having their bitcoins lost or stolen.
That being said:
What is the safest way to buy and store bitcoin?
Thank you
I suggest that you used a secured site when storing your bitcoin online. You can if its a secured site by just seeing the green lock next to the url of the following site you are using. First of all if you want to securely buy and hold onto bitcoin use a exchanger that is easy used and have many verification and confirmation before you can withdraw your bitcoins. My advice also to you that you must used two wallets , the one is for storing your bitcoin and the other is for trading your bitcoin. That being said:
What is the safest way to buy and store bitcoin?
Thank you
For safety of your coins you need to read all safety rules about this and for secure buying and selling its also need some work as every time use escrow for this because without this any one can scam you and use safe sites for your purchasing is good for you store in wallets which you have control never share your phrase and key with any one
If you have a big amount of bitcoin better get your own paper wallet so you can secure your bitcoin even for a long period of time. You can still have an online wallet but it is recommended not to use only one wallet because if that's will be hack you can lose everything in an instant unlike if you have different wallets. Also good encryption is important so no one can find it stealing getting your savings and investments
Better we save in local exchanger that exist in your country, because if we save there security is assured. Now it's a lot of theft especially for bitcoin storage, a lot of people who want to get a lot of coins especially for our old account.
Safest and cheapest way to buy bitcoin is through coinbase, bitstamp like established trading platform.
Safest way to store your bought bitcoin is to use hardware wallet like trezor. Cheapest and safest cold storage solution is paper wallet.
You have to keep in mind that you should never share your backup phrase or private key of your bitcoin wallet/address with anyone else and should always make proper backup of your wallet so that you can access your wallet in future without any issue.
Safest way to store your bought bitcoin is to use hardware wallet like trezor. Cheapest and safest cold storage solution is paper wallet.
You have to keep in mind that you should never share your backup phrase or private key of your bitcoin wallet/address with anyone else and should always make proper backup of your wallet so that you can access your wallet in future without any issue.
You can use Coinbase.com using your credit card.
or you could buy using localbitcoins.com (I use it too)
After getting your bitcoins for fiat you could store them
in a cold wallet such as Nano Ledger S or Trezor.
P.S. Remember to make copies of your private key and
keep it in several places
or you could buy using localbitcoins.com (I use it too)
After getting your bitcoins for fiat you could store them
in a cold wallet such as Nano Ledger S or Trezor.
P.S. Remember to make copies of your private key and
keep it in several places
I have heard of many people and companies having their bitcoins lost or stolen.
That being said:
What is the safest way to buy and store bitcoin?
Thank you
That being said:
What is the safest way to buy and store bitcoin?
Thank you
i had never experienced before like Stolen or lost the coins maybe the companies buy the bitcoin at high price after that the price fall down and they thought someone stole there coins. Anyways if you have huge amount of bitcoin on your wallet you should move to hardware wallets of any offline wallets. Just spend some dollars on hardware wallets and save the coin forever
By storing bitcoins you will not trust third party wallets. Because of this, bitcoin loss is often the case. Even though it is said to be secure. Because hackers can afford to open our accounts. So you should be in the wallet to hold the private keys. Anyone who attempts to make your wallet can not open it because you need to place almost one letter, number, and other no # in the next sequence.
You could buy bitcoins from any reputed exchange.But don't leave your bitcoins there.Download a new wallet ,for example from Electrum.org website and install it in your desk top.Don't ever give your private keys to any one giving offers that your investment will be doubled.
You could buy bitcoins from poloniex or bittrex exchange.Never leave your bitcoins in any exchange as it may get hacked as it previously occurred in Mt.Gox exchange.
You could buy bitcoins from poloniex or bittrex exchange.Never leave your bitcoins in any exchange as it may get hacked as it previously occurred in Mt.Gox exchange.
I'm usually use local exchanger for convert my btc into fiat and for secure wallet, I recommend electrum also ( offline wallet )
I've been using over 6 year and I was use blockchain over 3 years until they disable pay to many feature.
So yeah.. it's recommend to save at offline wallet rather than online / exchangers
I have heard of many people and companies having their bitcoins lost or stolen.
That being said:
What is the safest way to buy and store bitcoin?
Thank you
Bitcoin is untraceable , nobody's its hard or maybe impossible to track the transaction . Online wallets are to much risky. Breaking the security isn't hard for hackers that's why i always recommend my friends to use hardware wallet to store your bitcoins. Just spend 100$ for hardware wallet and protect your wallet to being hacked or stolen. Desktop wallet is the second best good choice.That being said:
What is the safest way to buy and store bitcoin?
Thank you
You could buy bitcoins from any reputed exchange.But don't leave your bitcoins there.Download a new wallet ,for example from Electrum.org website and install it in your desk top.Don't ever give your private keys to any one giving offers that your investment will be doubled.
You could buy bitcoins from poloniex or bittrex exchange.Never leave your bitcoins in any exchange as it may get hacked as it previously occurred in Mt.Gox exchange.
You could buy bitcoins from poloniex or bittrex exchange.Never leave your bitcoins in any exchange as it may get hacked as it previously occurred in Mt.Gox exchange.
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ref link also fast (you will earn littel in future )You need to provide powerful content like YouTube channels and others.
super ability can make you get bitcoins fast (a lot of work but will get a lot of bitcoins )
You can buy bitcoins in coinbase which is an popular exchange but it is not available in all countries so you can buy at localbitcoins.com which is also a safe place and available in almost all countries.But storing is little bit confusing,it is based on how much bitcoins you gonna store in that wallet.There are three types of wallet are available so hot wallet,software wallet and hardware wallet.If you wanna store it for long time the hardware wallets are best which is more secure.The three most popular and best Bitcoin hardware wallets are Ledger Nano S,KeepKey and Trezor.
First thing: Use an offline wallet like Electrum
An offline wallet like Blockchain or an echanges wallet like LocalBitcoin, is unsafe, because they can close their site and take all the BTC, or can get hacked
An offline wallet like Blockchain or an echanges wallet like LocalBitcoin, is unsafe, because they can close their site and take all the BTC, or can get hacked
Find reputable exchanges such as coinbase for buying BTC with fiat. As for storing BTC, it is important to use a wallet which you have full control. Paper and hardware wallets are secure for storing BTC.
just only watch in the market or in the blockfolio and etherdelta.
I think the safest way to buy Bitcoin is when you place a 2fa on your exchange account then if you have that coin already and your ready to hold on to that coin then you should probably transfer it to an offline wallet or hardware wallet to make sure your coins are safe and the only person that has access to those coins is only you.
The best way to buy and hold BTC is like this... Buy them from peer to peer exchanges where you have to give the least amount of info, but still use privacy features like two factor authentication and escrow transcations, like localbitcoins.com does. Then use privacy wallets like Samourai Wallet which has an insane amount of privacy features, most you've never even heard of or thought of.
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