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Topic: What is best wallet for long term bitcoin holding? - page 8. (Read 4128 times)

jr. member
Activity: 162
Merit: 3
Free Crypto in Stake.com Telegram t.me/StakeCasino
Mobile: (Coinbase, Mycelium), Desktop: (Electrum, Ledger),  GreenAddress Wallet, MyEtherWallet.com
You can definitely use these wallets for a lifetime..
member
Activity: 321
Merit: 10
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I think that the best way to hold btc is to use the hard wallet. i have never used it yet but heard from friends. I am just going to buy btc to keep it until the price rise and we will see that it has become high
newbie
Activity: 7
Merit: 0
For me Ledger Nano S is the best and most convenient cold (hardware) wallet. They've recently updated their software and now you can see your portfolio balances without connecting your wallet to the pc Wink
newbie
Activity: 69
Merit: 0
We are planning to hold for long term is using hard wallet. Many different type hard wallet right now and we can choose one to store our bitcoin. Hard wallet more safe because we control it.
full member
Activity: 434
Merit: 100
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.

My only suggestion is Wallet that you hold the private key. Because you only have the accces here. What you have to keep is that no one knows your private key so you should keep it good.
newbie
Activity: 210
Merit: 0
I suggest not to have wallet hardware like TREZOR, Nano Ledger S, and KeepKey.
When the wallet hardware becomes the best choice for Bitcoin holders and that includes the top 10 wallet in the world hardware
jr. member
Activity: 58
Merit: 10
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.

Depends on what your goal is and what amount. But a good rule of thumb is any wallet that lets you store your private key (and shows it to you if you request it, optimally under some sort of password for extra security), the best bitcoin wallets will have you download the entire bitcoin blockchain (100gb+), I personally use Electrum, which is basically the same as the aforementioned wallets BUT you don't have to download the entire blockchain which makes it a pretty portable solution.

DO NOT EVER STORE LARGE AMOUNTS OF BITCOINS IN ANY EXCHANGE / ONLINE WALLET, that's a very very bad idea. I don't know why the first poster said that, but please disregard it.
sr. member
Activity: 913
Merit: 252
If you don't want to go for a hardware wallet, then IMO Blockchain.info is the best wallet for holding your Bitcoins. You can export your private keys and they give you the freedom to set the transaction fee while sending the coins to a different address.
full member
Activity: 350
Merit: 107
You can use Ledger Nano S wallet for your bitcoin holding. Safety is important for long-term storage. It is safe because you cannot open the wallet without the physical hardware. You can easily use it. It has no bugs and problems.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
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 prefer to using bitcoin client wallet such as bitcore, although you must download the whole blockchain database into your pc.
But it is actually very safe for long time hold because you are the only one who have the control of your wallet.
sr. member
Activity: 756
Merit: 252
Trezor is the first preference for holding the bitcoin and many other coins. you can keep safe trezor wallet key at your place and also recover the wallet after the lost of trezor. And offline wallet is the second option for safe the bitcoin, in this case you have to save the wallet file at the safe place, other wise you will loss your bitcoin.
Hardware wallets are great but as you may guess the greatest problem is that they are not free and you need to pay for them, and many people in the forum do not really have the money to pay for a hardware wallet, this means that for them the best option is a wallet like electrum, it is a very lightweight wallet and it's one of the safest out there.
newbie
Activity: 18
Merit: 0
Cold wallet is the best solution for long term hodling. I for one prefer Ledger Nano S, while others like Trezor; some guys believe in the magic power of a paper wallet.
jr. member
Activity: 57
Merit: 1
Any wallet you will have access to its private key is cool in holding bitcoin for long, the one you will be able to save the key offline to avoid any form of hacking.
what happen to my investment or bitcoin if i lost my private key or save it online.
newbie
Activity: 131
Merit: 0
The best wallets in every sense ... these are wallets purses. Although they cost money, they are much safer to store on them. I also recommend using the MacBook to connect your wallet ... there are no viruses on the MacBook, so it's almost impossible for you to hack and steal your money.
sr. member
Activity: 672
Merit: 251
The blockchain is the best wallet for long-term bitcoin holding. As well hardware wallets are the safest and unhackable. With the use of hardware wallet, you can keep your bitcoins safe from hackers.
Did you mean blockchain.info wallet? because I just know only one official wallet with that name. I have store bitcoin that I got from faucet on there, now it's still remain. That's already like an app wallet, but we can't see our private key on each address that we have, that's the drawback.
full member
Activity: 630
Merit: 102
Each of the wallet has its own risks. Today he is better but tomorrow he can be haked. It all depends on you and on what sites you go.
full member
Activity: 434
Merit: 105
Trezor is the first preference for holding the bitcoin and many other coins. you can keep safe trezor wallet key at your place and also recover the wallet after the lost of trezor. And offline wallet is the second option for safe the bitcoin, in this case you have to save the wallet file at the safe place, other wise you will loss your bitcoin.

I have a hardware wallet right now eith Ledger  Nano. Its fime and I like it. Sleek design, but I want to own a Trezor too.  Grin The more wallet I think is a good strategy and you can spread your crypto assets.

Hardware wallet is a must for long term holder. Metamask is a good one for tokens and Ethereum.

Yeah, you're right mate, hard wallet is must for the prevention of those scammers around and you should keep in safety place your private key and store it that you will never be forget because this is the most cases why some peile lost their bitcoin because of their clumsy the way they store their p.key.
copper member
Activity: 381
Merit: 0
I think the best wallets to keep your bitcoin for a long while is a cold wallet.. But if for some reasons you can't use a cold wallet, you can use the blockchain wallet.. It's simple and easy to use. The most important thing is to make sure you save your keys privately and securely.
member
Activity: 230
Merit: 22
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for me as long as i have a full access to my own private key then i am confident that it will be protected.
bitcoin wallets not matter what type it is will be safe depending on how good you are in protecting it.
that is why once i got my private keys i am instantly saving it in an external device only to be used when i need to.
i also make a print out of it for safekeeping purposes.
Cheesy
hero member
Activity: 850
Merit: 504
Trezor is the first preference for holding the bitcoin and many other coins. you can keep safe trezor wallet key at your place and also recover the wallet after the lost of trezor. And offline wallet is the second option for safe the bitcoin, in this case you have to save the wallet file at the safe place, other wise you will loss your bitcoin.

I have a hardware wallet right now eith Ledger  Nano. Its fime and I like it. Sleek design, but I want to own a Trezor too.  Grin The more wallet I think is a good strategy and you can spread your crypto assets.

Hardware wallet is a must for long term holder. Metamask is a good one for tokens and Ethereum.
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