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Topic: Safest way to keep bitcoins? - page 60. (Read 18439 times)

full member
Activity: 504
Merit: 105
July 18, 2017, 05:26:45 AM
Safest way to keep bitcoins is to store it in online wallet and please activate 2FA security on both wallet and emails. You can also use coldwallet but I hope you won't lose it or destroy it.
newbie
Activity: 19
Merit: 0
July 18, 2017, 03:42:47 AM
The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.
Oh god no pls
sr. member
Activity: 910
Merit: 252
July 18, 2017, 03:41:55 AM
I have done some research on this finally found that keeping private key of any wallet like blockchain.info may give ability choose the bitcoin if it split like ETH and ETC so i am going with keeping private key.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
July 18, 2017, 03:35:07 AM
The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.

If I am not wrong, then Coinbase was hacked earlier. Also, who is stupid enough to keep their coins in an exchange wallet?
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
July 18, 2017, 03:32:39 AM
The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.
newbie
Activity: 16
Merit: 0
July 17, 2017, 06:12:20 PM
Here's a guide by Ameer Rosic that provides great insight and answers to your question:  https://blockgeeks.com/guides/paper-wallet-guide/
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
July 17, 2017, 06:07:22 PM
Hardware wallet will be one of the best way to store your bitcoins. Though it will be costing you some bucks but it is secured if you'll buy your very own hardware wallet. Another good choice is to use bitcoin core or electrum.
hero member
Activity: 672
Merit: 500
July 17, 2017, 05:56:14 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Well the safest ways are probably using cold storage and some examples of cold storage include the following:

1. Using a hardware wallet which is usually something shaped like a USB that you plug your computer to send payments, some really populare hardware wallets include Ledgerwallets and Trezors.

2. Another example of offline wallets would include using a paper wallet which is a document that you can carry around that has everything to use your wallets, etc private keys etc.

3. Something else that would be an offline wallet would be to attach bitcoin to something physical such as physical bitcoin but they are not mainstream and less  safer than your other options.
sr. member
Activity: 504
Merit: 268
July 17, 2017, 05:34:08 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
The only best way that i know to make sure your bitcoin isin safe is storing it in a hardware in that way you can make sure that hacking is inpossible because it is offline so internet hacking could not work in your wallet the only problem is versatility so you cannot use it like a normal web wallet.
full member
Activity: 560
Merit: 111
July 17, 2017, 03:59:57 PM
New notebook with SSD 240GB.
Bitcoin-core 2014.
No any other software.

newbie
Activity: 14
Merit: 0
July 17, 2017, 03:57:32 PM
I would buy a Hardware Wallet. I am very satisfied with my Ledger Nano S, and Trezor also seems to be a good product.
sr. member
Activity: 756
Merit: 253
July 17, 2017, 03:52:41 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The safe way to keep your bitcoins is to use a wallet that you know the seed or the private keys. This is the best way to keep your bitcoins and like in electrum there's a way that you can restore your bitcoins and it's up to you on how you are going to back up your seed/private keys. You can just also do it by writing it on a piece of paper.

To add to yours, after writing them on the piece of paper you can either dig the ground and save it inside a box under the ground or better keep the paper in a personal safe or bank safe and I'd say that's 100% secured.
hero member
Activity: 3080
Merit: 603
July 17, 2017, 01:51:45 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The safe way to keep your bitcoins is to use a wallet that you know the seed or the private keys. This is the best way to keep your bitcoins and like in electrum there's a way that you can restore your bitcoins and it's up to you on how you are going to back up your seed/private keys. You can just also do it by writing it on a piece of paper.
sr. member
Activity: 392
Merit: 292
July 17, 2017, 01:50:26 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Actually, the best way to keep your bitcoin safe is put it on online wallet because it has a private key that you’re the only one who knows it. In addition to that, many bitcoin users put their bitcoin in online wallet. However, some people still use the cold storage or hardware wallet that you need to install to your computer and it also has a private key.
Probably yes it will be the best way since it can be accessed and used almost anytime since it is flexible. However the cold storage or hardware wallets have more security than of the online wallets, even though they have their own private keys you still can't be sure when will the 'hackers' will attack you so I recommend to use hardware wallets (extremely recommended if you have large amount of Bitcoin or converted cash). But if you just have a few amounts and just wanted to be used in your everyday transactions then online wallets are more versatile to use.
full member
Activity: 180
Merit: 100
July 17, 2017, 11:05:59 AM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Actually, the best way to keep your bitcoin safe is put it on online wallet because it has a private key that you’re the only one who knows it. In addition to that, many bitcoin users put their bitcoin in online wallet. However, some people still use the cold storage or hardware wallet that you need to install to your computer and it also has a private key.
hero member
Activity: 1073
Merit: 666
July 17, 2017, 10:50:00 AM
Use an offline storage, on a secure disc, never use online wallet. Encrypt your wallet, and put the paraphrase in the safebox only. Don't trade often with your saving account.
full member
Activity: 133
Merit: 100
July 17, 2017, 10:47:53 AM
that are properly generated offline and securely stored are immune to hacking . The idea is you never enter the private key into a networked computer until you're ready to spend the Bitcoin, and even then you can sign the transaction on the offline computer and transfer it to an online computer for transmission using software like Armory. The only way they could be compromised is by physically stealing the printed private key, or perhaps a weakness in the cryptography.
sr. member
Activity: 490
Merit: 250
July 17, 2017, 10:41:08 AM
The safest way of keeping bitcoins safe is go for desktop wallet like Electrum, which gives you full rights to use anyway and holding the private keys for bitcoin address is good but in web wallet your wallet is in control of the site owner. So it is not good to keep bitcoin in web wallet and exchange also.

Electrum is a digital wallet since 2011 so it has some reputation on storing btc. But I think if you don't want your coin online and store it like gold and money, cold storage is the best way to do that.

The safest way ever is set up an offline computer with linux, install a wallet downloaded on another pc and make a new address while being offline. Send your coins from all your wallets/addresses to that offline wallet, create a backup copy and store them on a USB drive and boom! You've got yourself a perfectly safe offline storage with a backup in case the computer got damaged or stolen.

Nice advice. I've heard that Linux can be a library that you can arrange what you can do meticulously, but I don't have an experience yet on Linux so I will give this a try.
full member
Activity: 688
Merit: 106
July 14, 2017, 11:27:58 AM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Actually, the safest way to keep your bitcoin is to store it in online wallet because you can a sure that your bitcoin is totally safe and secure. In addition to that, if you use online wallet try to put some private key so that no one will try hack it or to stealth it. However, some people prefer to use the hardware wallet that will help to keep their bitcoin safe.
member
Activity: 93
Merit: 10
July 14, 2017, 09:22:17 AM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
updated 2fa from cp for secure most your account but dont miss your cp for sucure your account also hehe xD
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