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Topic: Is Bitcoin core safe to store all of my bitcoin? (Read 4375 times)

newbie
Activity: 84
Merit: 0
Hello,

Do you need to keep the private keys ?

I have bitcoin core installed and i am busy downloading the entire blockchain, might take me a few weeks as i was told.
It says 5 years remaining and it says 3 weeks remaining, oh well.
Thing is, you keep wallet.dat , and thats it?
If you have to use it, you can install bitcoin core on another pc and then dump that wallet.dat file in the roaming folder on the new pc?
I thought u need to have private keys and stuff.

I am confused.

newbie
Activity: 80
Merit: 0
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?
bitcoin core is very safe, so we no longer need to look for another, about storing personal data should only be in flashdisk not in any laptop or computer, because all of the potential is to enter a virus, all of our personal data store some flashdisk and we store in a separate place that we feel is the safest, maybe it can be applied to be on guard if one of our missing Flashdisk still has a reserve.
jr. member
Activity: 166
Merit: 1
All wallets are secure and safe as long as you will keep your PC or other devices is clean and you keep all personal information relates to your accounts. And, you should not believe immediately while you receive an email or other inbox, you shave better ignore it. Because some bitcoin users are hacked due to these reasons. Therefore, be careful with all transactions in crypto.
hero member
Activity: 980
Merit: 502
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?
Bitcoin transactions are considered to the safest and the most confidential of all as it provides the user anonymity and peer to peer transactions and moreover its transactions does not involve any third party seizure and thus allowing nobody to see the transaction between the two so it’s like next to impossible to hack or steal the bitcoin but still there are many cases of bitcoin hacking and stealing and according to me the best way to be safe is to never share your passwords and keys to anyone and enjoy your bitcoining.
jr. member
Activity: 266
Merit: 1
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?

it's not about the wallet you are using but it's all about your pc and how you take care if your kets and password. Buying ledger is not really recommended to you to buy but just buying a legite anti virus and making your pc clean then that will be safe and you can now use it for a long time.
newbie
Activity: 56
Merit: 0
If I were you I would go with the paper wallet. Its offline, secure from viruses or theft.
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?
You should trust the big exchanges like Bittrex and Binance. I've been holding Bitcoin on my Bittrex wallet for over a year and my Bitcoin properties are still intact and not hacked by hackers. so the wallet on the big exchange is safe
newbie
Activity: 56
Merit: 0
You can try desktop wallet. If your pc is clean, has an antivirus, less chance of hack it will be the best option.
newbie
Activity: 59
Merit: 0
I don't think so also. indodax.com could be a better solution for your problem. Please concern with the expert.
newbie
Activity: 70
Merit: 0
I don't agree. All the system has vulnerability. As long as the privacy is strong you can't trust nothing.
jr. member
Activity: 224
Merit: 9
Why don't you buy a simple hardware wallet? You don't need to store private keys, laptops ecc.. A simple Ledger or Trezor and you will be ok and safe for the next 10-20 years Cheesy
Keep in mind to store recovery seed, and nothing else needed to do Cheesy
full member
Activity: 948
Merit: 110
I always store bitcoins at indodax.com. indodax is the storage and exchange of bitcoins into fiat currency, and the only storage available in my country. I think it's very safe. my advice should be to use official storage from your own country.
newbie
Activity: 39
Merit: 0
Think about it, there is something absolutely safe in your life, I think it can not be absolute, safer if you have a clean computer and make it your wallet hidden. Just a usb is the only way to store all your coins.
full member
Activity: 490
Merit: 100
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?
I think it will be safe if you can remember your account and your password too and make sure your computer does not have a virus that can record all your activities, especially those associated with your bitcoin. so make sure your account is well saved so you can use it again.
full member
Activity: 1260
Merit: 100
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?

i think bitcoin core is the official desktop wallet for bitcoin. You can see the link to the bitcoin core is posted in this bitcointalk.
the most important thing is you must protect your wallet, and you should never expose your seed or key to another website.
Backup your wallet info and store it in different safe places.
full member
Activity: 429
Merit: 100
 Still looking out for the best wallet ever for safely store.
jr. member
Activity: 248
Merit: 1
I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?

core wallet itself is surely safe, but it's as safe as your computer is. Are you sure you have no viruses in it? If that is the case and you have the required memory to sync whole blockchain, it's a safe bet
sr. member
Activity: 1134
Merit: 342
A handy and safe purse if used correctly. But there is something that applies to every wallet. Security is very important. Do not download anything wrong with your computer.
jr. member
Activity: 154
Merit: 1
i would recommend a paper wallet. to keep your bitcoin offline and safe from any viruses or theft
full member
Activity: 392
Merit: 105
Any wallet software has Bug! If you have a large amount of bitcoin, you should split it up for safekeeping, so it's always safer!
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