Where do you hold your coins? - page 5.

sharkbaitzero

newbie

Activity: 3

Merit: 0

Quote from: Luismvm on October 26, 2017, 01:38:33 PM

So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.

Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.

Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?

Trezor, if it doesn't support the coin, then desktop wallet.

jyotianand01

sr. member

Activity: 980

Merit: 250

It depends on the coins which coins you have in your portfolio, if you have staking coins then you have to download the wallet of that coin and add your coins and get benefits of staking for holding. If you have erc20 tokens or coins then you can use myetherwallet.

TheBobman

member

Activity: 72

Merit: 10

Quote from: HongKong on November 05, 2017, 01:58:59 AM

Quote from: PadenoM on November 03, 2017, 08:12:39 AM

the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything, print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk

It's pretty tough to get coins 100% secured because there is a lot of software that can break wallets. Just keep it encrypted and hope for the best.

I agree it will be impossible to have it 100% secured. You can't secure everything but we can make it harder so that it will take a long time for hackers to break in.

I hold my coins mostly online because i think this is better than storing it on your laptop. They can easily steal it with a wallet stealer.

hotimbineh

full member

Activity: 560

Merit: 100

Keep the coins in stock of the wallet to facilitate the exchange but lately a lot of new coins seem to be garbage in the wallet. And that still becomes garbage will appear https://www.myetherwallet.com/

Ardenoss

full member

Activity: 518

Merit: 100

I hold coins using wallet exchanger. Because it's more practical, except for the PoS altcoin, I will store it in desktop wallet as it can provide growth.

babsjoe

full member

Activity: 490

Merit: 100

I make sure all my coin are held in a wallet that i have the private key. For long term holding , I have coins in paper wallet. And for short term holding, I have those coin in hot wallet!

tansoft64

sr. member

Activity: 532

Merit: 253

for me I just trust myetherwallet for holding my altcoins and using this for less than a year with no issues because it is secure with an online server than offline wallet with just your own PC.

Sphere_Official

member

Activity: 101

Merit: 10

I use a separate machine offline desktop wallet specifically myetherwallet. I do routine backups and paper backup. Hardware wallets are best but not a necessity unless you move around a lot and have to take stuff with you in my opinion. I rather play it safe than trusting anyone holding my coins and tokens over the net.

Bastime

sr. member

Activity: 519

Merit: 250

I use myetherwallet for storing my coins and tokens. It's free so everyone can get their wallet in seconds but I prefer hardware wallet for more secure but I don't need it this time. Free wallets also available for Android app like Ethereum wallet by freewallet.org and Bitcoin wallet from Bitcoin.com and blockchain.info.

coindomain

newbie

Activity: 18

Merit: 0

Trezor works well and is fairly easy to set up with step by step instructions. You can complete the set up, understand how it works and transfer your coins in less than twenty minutes.

urikmarkov

member

Activity: 182

Merit: 10

In your opinion, it is advisable to store on a computer the crypto currency offline or better to use online services and desktop applications?

Salz01

member

Activity: 70

Merit: 10

Desktop wallet ,in my opinion is safest and don't forget to keep an eye on the coin's performance on the exchange

kissme09

full member

Activity: 658

Merit: 100

PayAccept - Worldwide payments accepted in seconds

If you do not want to keep the coin on the floor and exchange them you can go to Neblio's home page which will give you the hard purses you can put in them and when you want to sell them you can depostit on exchanger.
link: https://nebl.io/wallets/

Sanglotslongs2

full member

Activity: 260

Merit: 129

My BTC are in cold storage. My alt are inexchange or go to coldstorage too if I hold for a long time. For the few airdrop that I did there are not secures on my computer. If someone hack my airdrop (they have little value too me) I'll know that my computer is compromised and deal with it with a wipe/reset etc.

Md.Esamul Haque

member

Activity: 70

Merit: 10

I think the safest way to hold a long-term coin is in a cold storage either paper wallet or physical devices both have some advantages and disadvantages, but if your coin project is had a feature of staking or master node you better keep it on a computer that runs at 7/24 and set a strong encryption on that computer and set a specific IP address that can only access that computer.

LightFork

member

Activity: 364

Merit: 10

I hold my coins on MyEtherWallet.com Cheesy

Code phrase is written on paper.

-Sinner-

jr. member

Activity: 224

Merit: 9

i don't know if it is better trezor or ledger? any opinion?

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: PadenoM on November 03, 2017, 08:12:39 AM

the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything, print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk

if you hold a massive amount of coin in your offline wallet, you should make it valuable, secure it privately and encrypt it. keep it in a safe place. that's should reduce the risk and if you really think its valuable you should make it as importance thing.

HongKong

hero member

Activity: 812

Merit: 500

Quote from: PadenoM on November 03, 2017, 08:12:39 AM

the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything, print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk

It's pretty tough to get coins 100% secured because there is a lot of software that can break wallets. Just keep it encrypted and hope for the best.

Gunpaycity

member

Activity: 294

Merit: 10

Quote from: Scor Pio on October 26, 2017, 09:16:37 PM

better use desktop wallet to keep your coin,
so only you that have a control on it

people can everywhere save their coins for safe, easy and convenient reason also not too difficult procedure and also have control over their coins and desktop it's answer

Topic: Where do you hold your coins? - page 5. (Read 3732 times)