Author

Topic: Storing BTC and USD safely whilst day trading. HELP (Read 799 times)

newbie
Activity: 11
Merit: 0
i can use it very quickly to make purchases.

You can use what?
newbie
Activity: 14
Merit: 0
i can use it very quickly to make purchases.
hero member
Activity: 681
Merit: 507
best way is to use a device for it which is never connected to the pc you are trading with.

you mean for 2fa?

Are you sure there is no quicker way i can hold usd not on the site. Like a dollar code or something of that sort.

yes for 2fa.
never heard of such a way.
newbie
Activity: 2
Merit: 0
sorry for stealing your thread a bit here but what is 2fa and paper wallet?  Huh

2fa = two factor authentication

A paper wallet is a mechanism for storing bitcoins offline, on paper.
member
Activity: 66
Merit: 10
sorry for stealing your thread a bit here but what is 2fa and paper wallet?  Huh
newbie
Activity: 11
Merit: 0
best way is to use a device for it which is never connected to the pc you are trading with.

you mean for 2fa?

Are you sure there is no quicker way i can hold usd not on the site. Like a dollar code or something of that sort.
hero member
Activity: 681
Merit: 507
for daytrading you must have money on the exchange because funding takes too much time. if you use two factor authentication it should be secure. best way is to use a device for it which is never connected to the pc you are trading with.
newbie
Activity: 11
Merit: 0
sorry for your lost. Did you use two factor authentication?


No stupidly not, but i'll just have to learn from that mistake i suppose.

You wasn't stupid about this "mistake".
Anyways i suggest you to make a paper wallet , that's the best way to store your BTC.

Yeah, but if i put them into a paper wallet is it easy and quick to move my BTC in and out of btc-e?

Also if i want to hold USD can i put that in a paper wallet?
newbie
Activity: 28
Merit: 0
sorry for your lost. Did you use two factor authentication?


No stupidly not, but i'll just have to learn from that mistake i suppose.

You wasn't stupid about this "mistake".
Anyways i suggest you to make a paper wallet , that's the best way to store your BTC.
newbie
Activity: 11
Merit: 0
sorry for your lost. Did you use two factor authentication?


No stupidly not, but i'll just have to learn from that mistake i suppose.
hero member
Activity: 681
Merit: 507
sorry for your lost. Did you use two factor authentication?
newbie
Activity: 11
Merit: 0
Hi I was previously an owner of BTC, untill i was hacked and robbed of my btc-e account (around $7000 at todays price, which is similar to the time).

To be fair i'm aware that there were a whole load of precautions i could have taken, but i did not research properly into them and so on.

I am looking to buy back some coins and have the money saved. Finding that i usuallyy make profitable day trading decisions i liked to keep all my BTC/USD on btc-e, but as i found out that's not the safest thing to do.

What i'm wondering is how i can store my BTC so its easily accessible to my btc-e account for quick transactions, i hear this is fairly simple (but i am a noob so hey). Also a way of safely storing USD off the btc-e website so that i can use it very quickly to make purchases.

Any help would be great. Thanks.


If you feel like helping me BTCack on my feet: 1sDMKUapfrYmJ6RyxfEALmb4K3r6RhLJn
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