I store my bitcoin at web based storage. I think web based storage is more efficient than cold storage. Blockchain and coinbase are good web based storage because of its simplicity and security. I tried cold storage in the past, but I lost my bitcoin after got a new notebook and I forgot to backup the key. So to prevent that thing happen again, I use blockchain.
Block chain storage is a nice idea to save our bitcoins there. if there is big amount of bitcoins to store then we can use it in investment so that we can get some extra amount of it. or else do mining. and wait for the price increase too. 
Topic: Where do you store your bitcoins ? (Read 13131 times)
I store my bitcoin at web based storage. I think web based storage is more efficient than cold storage. Blockchain and coinbase are good web based storage because of its simplicity and security. I tried cold storage in the past, but I lost my bitcoin after got a new notebook and I forgot to backup the key. So to prevent that thing happen again, I use blockchain.
I keep my bitcoins safely on two wallets Electrum and Blockchain.
I dont trust other online wallets other than these two.
No issues using them both.
I also always suggest them to my friends.
I dont trust other online wallets other than these two.
No issues using them both.
I also always suggest them to my friends.
I store my bitcoins in two online wallet BlockChain and CoinBase.
For now I like those two I haven't a problem yet. If I have more bitcoin I will just make a cold wallet to just hold it.
For now I like those two I haven't a problem yet. If I have more bitcoin I will just make a cold wallet to just hold it.
I always use blockchain to keep my bitcoin . There reason of it , because when i has been starting to collect bitcoin my friend recommended blockchain to keep bitcoin. I has been using blockchain until now
Just used 2 wallet if I was you just do more bitcoins in BlockChain and some in Coinbase or offline wallet.
Why? Because you never know what will happen to your bitcoin if something happens at least you have the other bitcoins you know.
I recommend using coinbase as your hot wallet, and then electrum as your child wallet. I use them both and I am very happy with them.
I see people using Coinbase for me I think it is a good hot wallet, but for some people they say they got hacked and it's bad. So my question why do you use it? Because BlockChain is quite good too. By the way what is a child wallet? I have never heard it before and I am one year with bitcoin.
Thanks for your criticism and suggestions guys, it will be my reflection to store my bitcoin. Each bitcoin wallet have advantage and disadvantage and some different features
Since the very beginning I do use USB sticks to store my wallet.dat files as cold wallets. Right now I have 10 USB sticks with all my backups. For me it's the best storing method.
I always use blockchain to keep my bitcoin . There reason of it , because when i has been starting to collect bitcoin my friend recommended blockchain to keep bitcoin. I has been using blockchain until now
Just used 2 wallet if I was you just do more bitcoins in BlockChain and some in Coinbase or offline wallet.
Why? Because you never know what will happen to your bitcoin if something happens at least you have the other bitcoins you know.
I recommend using coinbase as your hot wallet, and then electrum as your child wallet. I use them both and I am very happy with them.
I see people using Coinbase for me I think it is a good hot wallet, but for some people they say they got hacked and it's bad. So my question why do you use it? Because BlockChain is quite good too. By the way what is a child wallet? I have never heard it before and I am one year with bitcoin.
I always use blockchain to keep my bitcoin . There reason of it , because when i has been starting to collect bitcoin my friend recommended blockchain to keep bitcoin. I has been using blockchain until now
Just used 2 wallet if I was you just do more bitcoins in BlockChain and some in Coinbase or offline wallet.
Why? Because you never know what will happen to your bitcoin if something happens at least you have the other bitcoins you know.
I recommend using coinbase as your hot wallet, and then electrum as your child wallet. I use them both and I am very happy with them.
I keep only small amounts of Bitcoins in Electrum wallet. I have paper wallets I redeeming when necessary - this protect me when my comp gets compromised to loose only minimum. I considered hardware wallets as well, but considering their high price, I change my mind if I will ever transact serious money.
I always use blockchain to keep my bitcoin . There reason of it , because when i has been starting to collect bitcoin my friend recommended blockchain to keep bitcoin. I has been using blockchain until now
Just used 2 wallet if I was you just do more bitcoins in BlockChain and some in Coinbase or offline wallet.
Why? Because you never know what will happen to your bitcoin if something happens at least you have the other bitcoins you know.
I actually store my bitcoins in a bitcoin wallet. I'm not sure about you guys, but that's what I do. To be more specific, I use one electrum wallet and one coinbase wallet.
I always use blockchain to keep my bitcoin . There reason of it , because when i has been starting to collect bitcoin my friend recommended blockchain to keep bitcoin. I has been using blockchain until now
the biggest part of my bitcoins (around 90%) are in a paper wallet that i keep safe. the rest i use in hot wallets like bither and coinbase. i only keep a small amount on the coinbase wallet, so it isnt really risky for me.
Try my plan,use coinbase for anything,or Cold storage for the biggest chunk and a mobile wallet for daily spending.
Different wallets, spread bitcoin over all of them and not keeping them in one place
1 offline wallet would be okay and a couple of online ones, spreading your coins out over different wallets is the safest way.
Agreed, I think your advised is very good mate, like someone says "just dont put your eggs in one basket"This is some good advice. It's better to spread it out instead of risking it and keep it in 1 place.
1 offline wallet would be okay and a couple of online ones, spreading your coins out over different wallets is the safest way.
Agreed, I think your advised is very good mate, like someone says "just dont put your eggs in one basket" Im use it for savinf account, if you want to withdraw your money you must waiting 48hours to get confirmed,
example if you submit withdraw Today at 06:41:16 AM you will get your money (btc) in 2 december at 06:41:16 AM
example if you submit withdraw Today at 06:41:16 AM you will get your money (btc) in 2 december at 06:41:16 AM
What if i need to withdraw fast and if i wonder about the bitcoin price drop? how coinbase will solve this? Personally i have started to store there but not in this vault
you must waiting 48hours because it's "rules" of vault, The aim of this process if you coinbase account is stolen and the thief wants to take your bitcoin, you have 48 hours to stop it or cancel it
Everything is clear, today i learned something that will be helpful for me for the rest of my life, thank you, seems coinbase has a good power
, but requiring 2FA every time for every transaction that could stop the thief too.I "grew up" with Bitcoin Core so im not going to change to anything that doesn't deliver the maximum security that having the entire blockchain gives to you. Even if the blockchain becomes too big, by then the prune mode should be developed enough that we all can run Bitcoin node using smaller cuts of the blockchain thanks to the pruning technique. This even if not perfect compared to full node its way better than just going into a website and storing your stuff over there.
1 offline wallet would be okay and a couple of online ones, spreading your coins out over different wallets is the safest way.
Most on a paper wallet (2 copies in different places...), and a few on an online wallet.
Is there a safest way ?
Is there a safest way ?
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