Topic: Saving Bitcoin in a wallet - page 3. (Read 749 times)
Everyone say different things in these days so I don't give advice you but I think Bitcoin will never end There always will be crypto money because Internet is in everywhere and we work in internet so we need btc or some crypto money.
For storing Bitcoin long term, it is recommended to store in a paper or hardware wallet. It is not so safe to store in exchanges and online wallets. The reason is because you don’t control the private key account. If anything happen to the exchanges or online wallet, you will lose your coins. Better be safe than sorry.
thanks for the suggestion, yes i agree with the save in the paper or hardware wallet, but is it later when there is damage in this wallet is there any way to overcome it? because the paper is more vulnerable damaged .. please advice again Thanks Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...
Saving bitcoin in wallet is a good advice but which wallet you are telling is not clear. If you are saving the bitcoins in online web wallet then it is not secure as You dont have private key for the web wallets, so it is better to use desktop wallet like Electrum where you are in control of the private key of all address. And electrum is very easy to use, it is very lite and secure to use it.
make sure your wallet is secure
Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...
Bitcoin is stable for long time. This is one of the best cryptocurrency. In future many altcoins are developed in market. So Bitcoin value is fall or raise whatever will happen in market. You should save your money in wallet is okay. But you should exchange or sell in right time. Because it goes in complete fall you may suffer. 
It'll be fine if your wallet is set up enough 2 factor authenticator. But for long term investment I think you should keep your Bitcoin in cold storage wallet like trezor or ledger nano s, they are the safest wallet at the moment.
+1 to use hardware or paper wallet for long term storing.
For storing Bitcoin long term, it is recommended to store in a paper or hardware wallet. It is not so safe to store in exchanges and online wallets. The reason is because you don’t control the private key account. If anything happen to the exchanges or online wallet, you will lose your coins. Better be safe than sorry.
It is good when you save your bitcoin in your wallet like I stored it to coins.pH and anytime i need to withdraw in case of emergency I convert it to peso and transfer to my bank account.
which wallet do you use?
Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...
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