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Topic: Recommend a Cold Wallet - page 2. (Read 1672 times)

hero member
Activity: 658
Merit: 500
December 30, 2014, 03:39:07 AM
#9
Bitcoin Trezor is one of best cold wallets  Grin
hero member
Activity: 502
Merit: 500
December 30, 2014, 03:34:51 AM
#8
Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.
hero member
Activity: 686
Merit: 500
December 30, 2014, 03:28:45 AM
#7
As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit


Personally I'd prefer hardware wallets rather than web-based.

Coinbase was my first wallet. But after hearing about how web-based wallets and exchanges can have issues like Mt. Gox, I switched to qt.

Coinbase also has problems with gambling sites because they're based in the US where gambling is illegal.
full member
Activity: 120
Merit: 100
December 30, 2014, 02:49:32 AM
#6
As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit
hero member
Activity: 686
Merit: 500
December 30, 2014, 02:39:34 AM
#5
I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.

If you always want to keep your wallet on offline computer, and also want to send Bitcoins from same wallet, Armory has such feature. You can sign transaction on the offline computer and then complete the process via other online computer. This is good security.

But if you just want to HODL (not spend your BTC), this feature is not necessary and any wallet will do (BitcoinCore, MultiBit etc).

I see, I see. I think I'll go with Armory. Smiley

Thank you so much.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
December 30, 2014, 02:24:00 AM
#4
I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.

If you always want to keep your wallet on offline computer, and also want to send Bitcoins from same wallet, Armory has such feature. You can sign transaction on the offline computer and then complete the process via other online computer. This is good security.

But if you just want to HODL (not spend your BTC), this feature is not necessary and any wallet will do (BitcoinCore, MultiBit etc). You just need to run the wallet offline and generate some addresses without connecting to internet.
hero member
Activity: 686
Merit: 500
December 30, 2014, 02:06:11 AM
#3
I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?

Although there are some hardware wallets available, I have always found paper wallets to be convenient.

To be double sure, create a wallet on offline computer, generate some addresses, protect it with password, put it on a USB drive.

Then put the paper wallet and USB drive in bank locker. If you're paranoid, buy lockers on multiple locations to keep multiple copies.

Alright, thank you so much. Smiley

I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
December 30, 2014, 01:45:47 AM
#2
I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?

Although there are some hardware wallets available, I have always found paper wallets to be convenient.

To be double sure, create a wallet on offline computer, generate some addresses, protect it with password, put it on a USB drive.

Then put the paper wallet and USB drive in bank locker. If you're paranoid, buy lockers on multiple locations to keep multiple copies.
hero member
Activity: 686
Merit: 500
December 30, 2014, 01:10:35 AM
#1
I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?
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