Topic: What is best wallet for long term bitcoin holding? (Read 4128 times)
The best wallet that provides the highest level of security for your coins at the moment is a hardware wallet. Now there are already at least 10 different species, but I prefer Trezor. I consider it ideal among all other hardware wallets.
What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
I suggest you to using a wallet which have the private key or seeds in your possession only. Exchange wallet is out of option.
The possible option is either you choose hard wallet, or a desktop wallet with database you download to pc. Once you use them, create a new btc address, send it your btc, and don't use it until you want to liquid your coin.
try Electrum, and install it on a computer that does not go online
Coinbase and blockchain both are good and if you want to spend few bucks then you can use hardware wallets as well.
Here is my article on this topic: coinbase vs blockchain
Here is my article on this topic: coinbase vs blockchain
use a paper wallet, it's easy to use. the principles of protection are quite logical, you can also extract very simply
The blockchain is the best wallet for storing bitcoin. But right now in market people are recommending hardware wallets, which is very hard to hack as well as this is an offline wallet. And In hardware wallet, you get your own private keys. So this wallets may look more helpful to store bitcoin for long-term holding.
I think the best wallet for the long term and just to save bitcoin you can use blockchain as a wallet that you can use for the long term that has very high security.
If you're going to send crypto money into it and store it for a very long time, I think the safest way is definitely paper wallet. It's both cost-effective and safe.
What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
Really but the scheme for earnings. You need to know how you are going to make money and know what to do. Not everything is as simple as you think. The chase for the cue ball serious.
Obviously coinbase wallet is best for long term bitcoin hold. Big part of bitcoin traders and bitcoin holders use coinbase wallet. Because coinbase wallet is very secure for hold BTC. Since the invention of coinbase, no hacking has happened since today and hacking this wallet is very difficult. So I think you can choose this wallet for hold BTC.
I stongly suggest that you use hardware or paper wallets because you have your own provate key and it is an offline bitcoin wallet that only you can access. This type of wallet is very recommended for long term hodl of bitcoin. Don't use online wallet because it is not very secured and you don't have your own private key.
there are some wallets that I think are very good and safe for Bitcoin HOLDING, like Trezor (Wallet Hardware), and Blockchain.info, both of these wallets have their own advantages and disadvantages, such as a hardware wallet that costs quite a lot of money and you have to be very careful in saving it or Blockchain.info is charged a fee in each transaction. the choice is yours and don't be afraid of being hacked because the security of these two wallets is very high...
What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
The best wallet for long term holding bitcoin is the wallet address, that you don't use for your daily transactions.
You just make some wallet with new address, and keep the private key or seed safe, then you can send btc to it and leave it without using.
paper wallet is most safest wallet for long holding.
Be sure what your keys nobody copied and all done
Be sure what your keys nobody copied and all done
I think blockchain is quite safe and can be trusted to store bitcoin for a long time, besides that you can also use the Ledger Nano for other bitcoin storage.
I recommend the hardware wallet for bitcooin holding for long term time.It is more secure and no change to hack by someone. For software wallet,I prefer coinbase which is more flexible and secure to use.
for my hardware wallet I also recommend, this is after a lot of cases of hacking by irresponsible and harmful people. can use nano ledger wallets, or use trezzor. this can be used as one of the best options today rather than risk losing coins in the software wallet.
I recommend the hardware wallet for bitcooin holding for long term time.It is more secure and no change to hack by someone. For software wallet,I prefer coinbase which is more flexible and secure to use.
What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
For bitcoin wallet, there are many wallets you can use out there, but the best wallet i think the client wallet.
But the disadvantage is, you must download the database to your pc. You have full control of your wallet, only you.
I have been using both Coinbase and Blockchain.info, both of them are very good and safe. Lately, i have been using only blockchain.info which is very easy to use and user-friendly and i haven't faced any problem so far.
I think that the paper wallet is well suited for longterm holding. I think that users need to keep Bitcoins as small as possible on the exchange. I think this is a risky Bitcoin holding option.
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