Topic: What is best wallet for long term bitcoin holding? - page 12. (Read 4176 times)

In the event that despite everything you don't confide in the wallet given by the nearby specialist co-op in your nation, you can store it in a hard wallet so it is more secure. I for one just utilize wallets given by nearby specialist co-ops here in my nation, I will just hold them for me, I think they are sheltered, contingent upon how you keep up your private keys.

To me I will go for "Electrum wallet" Electrum wallet offers
offers a very user-friendly solution for sending and receiving Bitcoin and some good features like *Password protection which makes it
harder for hackers to get into Electrum wallet. *Private keys are never shared with
the server, which  means you don’t need to trust the server itself and other great features numerous to mention

You can find a lot of hardware wallet as well as software wallet. For hardware wallet you can use Trezor or Ledger nano. If you don't want to use money on that, you can use coinbase, bittrex, waves & Blockchain wallet. I think those are also safe. All you need to save the secret keys safe. You can also use two factor authentication services on those wallets. And good luck for a long term benefit in the BTC. 

For me it depends on the wallets that are required for the project to be used to received tokens from them. But you should also take care of the private keys and get it into more back ups. There are lots of wallets that are used in the cryprto wallet like my ether wallet neo wallet conveys coins. pH and other more.

When it comes to long term holding I'll suggest either:a hard wallet,if you use a hard wallet,then I think the safety of your tokens/Coins is guaranteed.Also try and activate backups on your private keys,incase the needs arises.

If you want the best wallet for long term holding then it's best to buy hardware wallet, if you have hardware wallet then your mind will be free of worry because it's really safe. If you don't want to spend any money on hardware wallet then I suggest using electrum and store the private key safely somewhere else, it's free, easy to use and don't use a lot of resources to install.

I second this. The way you can do that is create a wallet in a freshly clean-installed Windows (or whatever OS you want) that has never been connected to the Internet. Pretty much the first thing you do is run electrum on the device by putting it in a thumbdrive so that the computer will be able to remain offline. Once you have generated the wallet, write it down. Printing it might open a vulnerability as other viruses are able to go through the printer's cache memory. The address is okay to be there though. After generating the wallet and writing down the seed, you can then destroy the thumb drive (if you wanna be EXTRA safe) or just format it. For the computer, reinstall Windows. This way, you're going to have to format the drive and there will be nothing left there.

It's a long process and others might be saying that it's too much work to do, but it's the only way I'm seeing you're going to have a perfectly safe bitcoin wallet. Only time you're going to import it to a computer that's connected to the Internet is when you're ready to spend it (like what fuding12 said). I don't recommend hardware wallets that much, tbh. Something like that can have an exploit and there's no guarantee or insurance from the company you got it from. I'm not even sure if you're allowed to sue them if their devices turned out to have an exploit and your funds gets stolen.

I suggest offline wallet. For me, it is the best wallet you can have as of now.
It will help you prevent hackers and help you to store your bitcoin in long period of time.

I think bitcoin core wallet is the best wallet in the crypto world for bitcoin hold.it is more important to use it to invest.

Users should not forget to make backups, whether they are backing up a hardware wallet seed phrase, private keys or even paper wallets. You have to have multiple copies in safe places.

Just make use of any wallet that you seems will be able to save easily to you offline that is the one you will have access to keep your private key offline from to prevent hacker or phishing.

the best wallet for a long-term bitcoin holding is only hardware wallet like trezor, Ledger Nano S, and KeepKey. this three hardware wallet is the most popular that people use to store their bitcoin for a long-term. but you can install bitcoin-core wallet in your computer or download mycelium or Jaxx for your android phone. as long as you can keep the private keys, you will be safe and you don't have to worry if somehow your wallet is missing because you can get your bitcoin again.

I have full node wallet (bitcoin-qt) running on my PC, SPV wallet on my Cell phone and Trezor hardware wallet.
I think for long-term storage, the Trezor hardware wallet may be the best choice.
I am very comfortable with it, and with the passphrase (i.e. the 25th recover seed), it can create numerous instance of hardware wallets and even protects you from the famous $5 hammer attack.

..hard wallets are cool and the safest way to store your Bitcoin holdings..i may also suggest that you do some backups on your private keys..but the safety of your coins depends on how you will going to protect it..for some reason,,there are times that you think that you are logging in a legit site asking your private key,,before doing transactions,,keep in mind that there are scammers using phishing sites trying to steal your money,,make sure that you are not easily deceive by those scammers..

When it comes to the question what is the safest wallet to keep bitcoin in, the hardware wallet is the undoubtable winner. This wallet is simply out of the competition when it comes to the safety. This is my personal opinion abd conclusion from the experience.

Well ... I would recommend a variety of cold wallets. Yes, they are worth the money, but this will significantly increase the security for your savings in crypto-currencies ... I myself have been using the ledger nano S about a year ... So I can recommend this option with all responsibility. Or, take up the question and find the option that suits you. But I definitely recommend cold wallets

I used Coinomi wallet to store my bitcoin. There are so many bitcoin wallet available even in apps but be careful to select. Only choose those wallet with private key and you can able to activate 2fa authentication for more security and to minimize the chances of hackers to hack your wallet.

In my opinion, when you decided to hold some bitcoin for long term. The good wallet that you can use to hold it is blockchain.com. This wallet can be installed into your mobile phone and also easy to do transfer. Also, never use a wallet from exchange.

For an online wallet, I suggest you blockchain wallet. But you have to on every security options, like, phrase code, 2FA with Google, 2FA with SMS. But the best and safe wallet to store bitcoin is hardware wallet. Personally, I am using Ledger Hardware wallet, you may try this or Trezor. In this year, a couple of new hardware wallet has come, but I would suggest going for old and already trusted wallets instead of new hardware wallets.

I think the best wallet to hold long-term bitcoin is a wallet that has a strong security system. Like bitcoin core wallets and ledger wallets. I think it has good power to secure your bitcoin for the long term. I suggest it to you.