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Topic: How to securely buy and hold onto bitcoin...? - page 2. (Read 1037 times)

jr. member
Activity: 52
Merit: 10
Crypto currency can be bought on international stock exchanges and in darknet. If laziness - in the "clean Internet" you dig up a dozen sites (at least), where the exchange is offered. There are also a number of topics on local forums, and localbitcoins.com, where you can find ads and create your own. At first glance - a terrible site, but if you "will work" it, you will definitely like it. In addition, bitkoyny can be bought with hands, not using banks to pay for the transaction - this is an ideal option.
newbie
Activity: 79
Merit: 0
There are a lot of stolen wallet, is not because of the use of safety awareness caused by. The safest way to use bitcoin wallet of course is to use cold wallet. As long as you don't get to the Internet, hackers will not get your password. But the price is very high and cold Wallet
member
Activity: 147
Merit: 10
I suggest keeping your wallet Cold Storage this way you are in charge of keeping it safe and not some third-party company. You can read the pros and cons of each wallet here : https://www.buybitcoinworldwide.com/wallets/ Make an "intensive" research before you decide which wallet you want to use.
full member
Activity: 1610
Merit: 103
The OGz Club
I suggest to buy on trusted trading sites such as poloniex, bittrex, mercatox and so on, after purchase then immediately move to a safe wallet such as blockchain, xapo or blocktrail.
it's true, we have to buy or sell bitcoin on a trusted site, if we only use the site that originally likely to create a problem, on your account.
newbie
Activity: 56
Merit: 0
you, especially myself, must find one of the regulated exchanges that obeys the rules and use them to buy bitcoins.
some bitcoin In this way, it will reduce the risk, you must transfer the coin.
a kind of cold storage, paper wallet or hardware purse and a regulated exchange, I also need it.
to move the coin to a storage method, where you have a single control over your own private key.
full member
Activity: 501
Merit: 127
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



This is really hard to tell and very subjective for me. There's no such thing as "safest". It's still on us users how we protect, secure our own wallet. In my case I only use online wallet. I am afraid of using private keys as I am not good storing codes. Check which wallet is very reputable in your country. We have one here and it's the one I've been using since I first purchased BTC. I tried exchange as well when I was starting to trade but upon reading here, there are some shady incidents of lost BTC stored in exchanges, not sure who are the ones saying true, but just to make sure, I moved all to my online wallet with 2FA activated.
full member
Activity: 504
Merit: 100
yes I've also heard news about the loss of bitcoin stolen, I think to secure the bitcoin we can plug 2fa or we can save our bitcoin in the offline wallet.
newbie
Activity: 42
Merit: 0
You must buy cryptocurrencies that has established a whitepaper and secured blockchain. One of the best is Ethereum! Let me add that the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT. You may check this link for more information: www.propthereum.io
member
Activity: 168
Merit: 10
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



It's a personal thing. You should be wary of phishing sites to avoid giving out your infos. Also, a very well-known exchange sites would be ideal if you want to assure your security as those sites have many people backing it and supporting it for its good and reliable system. Always remember to check the URL carefully before logging in your wallets because it is always the case of lost coin problems. ( They always got scammed or got hacked through phishing sites.)
full member
Activity: 294
Merit: 100
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



You can buy bitcoin at coinbase.com or find a legit seller at localbitcoins.com. You can also buy bitcoin to a people directly who sells bitcoin. One of the safest way to keep your bitcoin out from hacker is using a hadware wallet like ledger nano or trezor wallet. Offline storage is the best bitcoin wallet.
sr. member
Activity: 630
Merit: 251
I suggest to buy on trusted trading sites such as poloniex, bittrex, mercatox and so on, after purchase then immediately move to a safe wallet such as blockchain, xapo or blocktrail.
sr. member
Activity: 763
Merit: 252
i think coinbase is the safest way to buy and store bitcoin because coinbase have a good feedback and more subscriber and most recomend for those who invest and hold for long term... and also try to buy in localbitcoin and store in offline wallet to make sure...
hero member
Activity: 2492
Merit: 542
Buy bitcoins on coinbase and store it in your desktop wallet so that you can control our private keys you may choose your desired wallet there are so many recommended wallet today but I suggest electrum or bitcoin core or any with good reviews. 
newbie
Activity: 56
Merit: 0
 I recommend coinbase and Trezor which is highly secured one and biggest one for a newbie to try
full member
Activity: 373
Merit: 100
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


Use an exchange, a reputable one which has a relatively large volume, long history, and active users with a fair amount of reviews supporting the platform. Once you own the Bitcoin, move it to a wallet only you own, typically this means a desktop wallet or some other kind of wallet you have complete control and selection over. Now, moving on from that, the security becomes completely in your own hands once you have it in a "secure" location. There will be no saving your assets if you lose them without backups.
I therefore agree with you, there are also plenty of exchanges that are trusted, but just try to look for yourself, because everyone has got their own opinions regarding those exchanges. Second one, if you want to secure it, just be better  if you have some back up storage for your private keys, or if its simpler try to look for your local wallet service providers, i think you can contact them immediately in case of clarifications and confusions.
newbie
Activity: 14
Merit: 0
One of the new breed of Cryptocurrencies due to be released onto the market on the 20th of November 2017 is http://www.Propthereum.io

If you ever wanted to know how Bitcoin or any Cryptocurrency works and how you can take advantage of this potentially profitable way to invest and how to know how it is kept and used securely then all the information you need is right here. Visit http://www.propthereum.io for more information.
sr. member
Activity: 420
Merit: 255
It seems to me that the safest way not to lose your coins is to store them on a secure electronic wallet. This is not to store large amounts of coins. You need to divide them. When you hear about the theft of the coins of the blame for this primarily by the users themselves. We often forget about security and therefore become victims.
full member
Activity: 350
Merit: 100
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 want to know also to how to store your bitcoin to thebsafest way sometimes i watch in youtube but in this forum just  by reading it help me so much i want to sell my bitcoin soon becuase im still earning and i want to get money by using this.
sr. member
Activity: 560
Merit: 269
Just buy on reputable exchanges which you can buy bitcoin like coinbase, poloniex, bittrex and other reputable trading platforms. When you already bought bitcoin. Quickly send it to your wallet. Don't let your bitcoin stay on exchange unless you wanna trade them for altcoins. Exchanges are vulnerable from attacks from hackers. So be careful. I recommend that you use any offline wallets like mycelium and electrum. These are the wallets I've been using and so far, never encountered any problems since the day i used them. Also there's a peer to peer way to buy bitcoin if you are hesitant on buying at exchanges. Localbitcoins.com is the popular peer to peer marketplace. Just find a person who wants to trade nearby.
sr. member
Activity: 350
Merit: 250
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




Yes even i came to know about lost of bitcoins, that can be avoided if you keep the private keys in a safe place and see that you don't share it with anybody. There are many ways or you can say many wallets and place's where you can store your bitcoin with Tighter security. I have used Coinbase.com, Unocoin, Trezor and zebpay app for storing bitcoins. I recommend coinbase and Trezor which is highly secured one and biggest one for a newbie to try. I am using Unocoin and Zebpay for exchanging bitcoins with my local currency (INDIA-INR) at lowest commissions and fees.
I think we can search different authentic sites for this purpose, I mean for buying and for holding I have my wallet in blockchain, because I think that blockchain wallet is most secure and reliable. You can easily transfer your bitcoin to any place or can convert your bitcoin into dollars or other currency. Nobody can guarantee of any site but you can search for other people who have already bought bitcoin.
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