many wallets are suitable for storing bitcoin in the long run. it all depends on our own comfort.
some examples of bitcoin wallets that are very suitable to use in my opinion are, as follows:
- blockchain
- coinbase
- and many more
Topic: What is best wallet for long term bitcoin holding? - page 21. (Read 4128 times)
in my opinion for storing long-term bitcoin wallets we can store them at indodax.com, it may be safer to store bitcoins in a long time.
If you want to go with Bitcoin in terms of long run I would recommend you to buy yourself a ledger nano wallet which has a hardware, because it is the most secure from among other wallets that we can have.
I recommend you to use Coinbase. With Coinbase, you can connect to a U.S. bank account and easily transfer dollars in or out of your dollar wallet. You can use those dollars, or transfer in new ones, to buy and sell. In addition to Bitcoin, Coinbase currently supports Bitcoin Cash, Ethereum and Litecoin. There are constant rumors of additional currencies like Ripple getting support from Coinbase as well.
https://www.thebalance.com/
https://www.thebalance.com/
Many have already gave their advise about hard wallets. These are still the most secure.
But I would also say that besides secure wallet it is also good to divide your coins in multiple wallets.
So, don't keep all your Bitcoins in just one wallet and also use multiple types of wallets. Besides hard wallets you can also choose paper wallets and mobile wallets.
With keeping the coins on multiple places you will also rise the security and diminsh the chances for losing everything in case of some issues.
But I would also say that besides secure wallet it is also good to divide your coins in multiple wallets.
So, don't keep all your Bitcoins in just one wallet and also use multiple types of wallets. Besides hard wallets you can also choose paper wallets and mobile wallets.
With keeping the coins on multiple places you will also rise the security and diminsh the chances for losing everything in case of some issues.
today there are a lot of reliable enough purses, they are called cold wallets, your data is stored on an electronic medium, such wallets are on the order of 300 - 1200 dollars and all that is needed for its work is Internet access, but there is still a cold store where your information is stored on paper and so it is impossible to break it!
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 think the best wallet for long term bitcoin holding is a hardware wallet. Hardware wallet is use by many for holding because it is not expose unlike an online wallet.
There are new digital wallets out there being introduce and those wallets are good for long time holding. If you can check that there are many kinds of forms of digital wallet and one of it that i consider safe to use is the offline wallet like paper wallet and hardware wallet wherein you can store you btc offline without exposing you wallet to online if not in use or when you are not going to trade.
very true. Paper adn hardware wallets are the ones. If you intend to use it on daily basis, then hardware wallet is better option. If you only want to hold lng term, paper wallet should do
There are new digital wallets out there being introduce and those wallets are good for long time holding. If you can check that there are many kinds of forms of digital wallet and one of it that i consider safe to use is the offline wallet like paper wallet and hardware wallet wherein you can store you btc offline without exposing you wallet to online if not in use or when you are not going to trade.
For long term holding, you should think about hardware wallet because it is safest
Hi...
I think the coinbase wallet is good..
It's good if you'll convert bitcoin to fiat or any other token but using it for long term holding? no.I think the coinbase wallet is good..
If someone has budget for buying a hardware wallet don't doubt to yourself that's the safest way of keeping your bitcoin in the long run.
But if you don't have budget you can also use paper wallets.
Hi...
I think the coinbase wallet is good..
I think the coinbase wallet is good..
That may be differ from your location. Blockchain is the most suggested but in my country, I use coins.ph and this is downloadable in playstore. It has a variety choices to cash in and cash out and also has 2fa.
The safest wallet is if you have the private key wallet
if you do not own your private key then anything can happen
never store your bitcoin on web wallet better use wallet hardware
if you do not own your private key then anything can happen
never store your bitcoin on web wallet better use wallet hardware
As far as i know hardware wallet is the best wallet for any projects. You can use TREZOR, Pi wallet, BWALLET TREZOR etc. These wallets are very cheap and also effective for long term bitcoin holding.
I recommend using a hardware wallet for no dangerous storage, especially in the long run.
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 choice if you will only hold your Bitcoin would be a cold storage, generate your own private keys and print it on a paper or buy a hardware wallet that secure your private keys offline but there are no wallets that don't have any bugs or vulnerabilities, even hardware wallets should update its software. The Bitcoin wallets that you should avoid when holding your cryptocurrency are exchanges or third party services that offers free online wallet that will not give full control of your private keys.Well obviously you're right about cold storages being the most secure way though no wallet is secure enough if the user doesn't get careful with passwords and private keys. Most compromised wallets are victims of phising rather than being hacked.
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 choice if you will only hold your Bitcoin would be a cold storage, generate your own private keys and print it on a paper or buy a hardware wallet that secure your private keys offline but there are no wallets that don't have any bugs or vulnerabilities, even hardware wallets should update its software. The Bitcoin wallets that you should avoid when holding your cryptocurrency are exchanges or third party services that offers free online wallet that will not give full control of your private keys.
I recommend you use the blockchain wallet. You can visit the blockchain website on how to sign up. It is more secure than other wallets.
the best wallet for holding bitcoin in a long term or we can called it the long term investment is the hard wallet, the hard wallet is the wallet that have the security highest than software wallet or the online wallet, so if you want to invest in a long term you can use the hard wallet
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