Where do you store your crypto - page 2.

fillippone

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Quote from: felicita on July 29, 2019, 03:18:21 PM

i have all my bitcoin and crypto on an webwallet where i get annual interest XD
And i trust them and i dont really need the bitcoin to life !

regards

I wouldn't personally never store any bitcoin on a Web wallet.
You trust them not to steal your bitcoin.
NOT YOUR KEYS. NOT YOUR BITCOINS.
What's the point in staking something that is not even yours?

Never store your bitcoins where you are not the only owner of your private keys.

felicita

legendary

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i have all my bitcoin and crypto on an webwallet where i get annual interest XD
And i trust them and i dont really need the bitcoin to life !

regards

MidnightWolf

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Quote from: LuckyBtc on July 29, 2019, 07:12:18 AM

Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

I am storing most of my cryptos in hardware wallet, They're mostly offline. Hardware wallet is vital for storing large sum of cryptos. If you want to transact safely and don't have a hardware wallet, I'd recommend you using Ubuntu or any Linux OS setuped as dual boot or live usb.

If the ability to use a hardware wallet is not suitable for a person, then I still choose MEW and Coinomi, where there are enough good opportunities to protect your funds. First of all, you need to monitor the use of these wallets, because personally the owner is more guilty of losing his coins.

LuckyBtc

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Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

I am storing most of my cryptos in hardware wallet, They're mostly offline. Hardware wallet is vital for storing large sum of cryptos. If you want to transact safely and don't have a hardware wallet, I'd recommend you using Ubuntu or any Linux OS setuped as dual boot or live usb.

EdenHazard

legendary

Activity: 2674

Merit: 1048

I use electrum as a place to store my bitcoin if I intend to store it for long term. Indeed, we will have an uncomfortable when we choose a custodial to store our asset in large amounts. The hacked thing will always haunt although there is some exchanges who afford to replace our assets but we will always have a fear when they don't replace it.

However, electrum wallet can hacked too when we are rash in making an access to our wallet. The point is there is no safe place to keep our assets in any place. But there are only two choices, give credence our assets to other people and let them take care of it or keep our assets well by ourselves and try hard not to be careless when we accessing to our wallet.

Cryptopher

legendary

Activity: 1789

Merit: 1008

Keep it dense, yeah?

On a major exchange.

I appreciate the risks involved in holding coins on an exchange but I need them in a hot wallet for trading.

cered

newbie

Activity: 25

Merit: 0

I can definitely recommend cold, offline storage. Your coins are the safest in the cold wallets.

dkbit98

legendary

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Electrum bitcoin wallet is great for beginners and 'oldtimers'
and in my humble opinion one of the safest wallets so far.
Many people who are in crypto space for long time share my opinion.

It has desktop and a mobile version.

image source with more information:
https://bitcoin.org/en/wallets/desktop/windows/electrum/

Regarding new and more privacy focused wallets,
I hear many good reviews for Samourai wallet.
It is still work in progress, but hey even Bitcoin is

https://samouraiwallet.com/

In the end, best thing is to do your own research
and decide for yourself, but always remember one thing:

Quote

'not your keys, not your crypto'

creeps

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Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

Yes this is just a simple question but for me an important matter to be resolve soon. You know how much important having a good and secured wallet in cryptomarket, and if you don't have any control with your wallet then don't expect to be secured forever. I used Hardwallet now and its good to have the security everyday knowing that your coins is safe. Local wallet with a good system are also my choice, coins.ph to be exact. Exchange wallet is ok, but only the trusted exchange.

hunter24

newbie

Activity: 6

Merit: 0

Diversification of places to store crypto is really important to me:)
Actually: Ledger, few desktop wallets, few mobile, and also hardware wallet from quickx (something like card connected with mobile).

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

Deciding what method of storing your coins you are going to use, are just as important as deciding what percentage of your coins are going to be stored on those different methods. You might want to opt for several different methods and then split your coins into short-term and long-term coins, based on your needs.

If you use coins regularly, then chose a method where you have quick access to your coins and if you are going to store coins for longer periods without accessing it, then you should put more coins in cold storage methods.

Go to https://electrum.org/ the official site or download it from the Github site. Wink

NeuroticFish

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Looking for campaign manager? Contact icopress!

Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

If you don't plan to spend in the near future, paper wallets are the cheapest and best option.
The wallets never store the coins, the coins are always on the blochchain, The wallets store, in a way or another, the private keys, the only necessary thing for spending the coins.

Please make sure you make the wallet in a safe manner (offline computer and so on), there are plenty of tutorials.
You can either use something like bitaddress (downloaded, offline, and make sure you add plenty of randomness there), then you print that or write by hand (just make sure you write it right) or, you can use Electrum. With Electrum you'll generate a seed, which is normal words, and you write that down together with a few addresses for that seed (it could be easier because you won't need printer)

donaldinfields

newbie

Activity: 7

Merit: 0

Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

I can recommend you some desktop wallet or mobile wallet. Just make sure you always do backup in case there's a problem arise in your gadget, you still have your funds. Because if you didn't guess it's time so say good bye to your funds...

CBANX Ltd.

newbie

Activity: 76

Merit: 0

Crypto wallet is the safest place to store your crypto; there are different types of crypto wallets available 'hot wallet' and 'cold wallet' are the basic differentiating types to store digital assets safely.

khimer_rangers

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BountyMarketCap

for now I think there are many wallets available for storing crypto and your key is your money so choose the one you trust, prefer to save on cell phones and now I'm trying to use magnum wallet,
available here https://magnumwallet.co/

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Dreamchaser21 on July 28, 2019, 08:09:58 PM

Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

If you don't have hardware wallet right now, try to put your money on a trusted exchange like binance but make sure to buy hardwallet if you have spare money especially if you have more money to keep for. In my place we have our local good wallet aside from the hardwallet, but again if you don't have the control with the keys its too risky to depend on that.

Not your keys not your coins.

Speaking of electrum this is the official website:

https://electrum.org/#download

So just be sure to download it from there so that you won't get phished.

For hardware wallet:

[1] https://trezor.io/
[2] https://www.ledger.com/

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: angelo2 on July 28, 2019, 04:36:47 PM

The simple question. I just don't have an opportunity to store using hardware wallet and want to ask you do you use any non-custodial wallet? Thanks.

If you don't have hardware wallet right now, try to put your money on a trusted exchange like binance but make sure to buy hardwallet if you have spare money especially if you have more money to keep for. In my place we have our local good wallet aside from the hardwallet, but again if you don't have the control with the keys its too risky to depend on that.

rdluffy

legendary

Activity: 2450

Merit: 1472

I don't see people talking about using more than one place to store cryptos
I prefer to diversify, and have my coins in mobile, desktop wallets, a little on in exchange to trade easily...
I think this way is safer

ghost424

full member

Activity: 630

Merit: 103

There are actually a lot of storage for Crypto. The most basic wallet that you can use is MyEtherWallet and it will really teach you a lot of things. You can also read some topics in the Beginners and Newbies Threads which really helped a lot when i was starting to learn about the forum. Be careful on using exchanges as storage of Crypto because you can never be too sure if it will last long.

jak3

legendary

Activity: 1274

Merit: 1004

I am mainly using 1 Private key for my daily life transactions. I use it on my phone and in my desktop pc. and I have another on my offline storage (Not gonna say where) but that is like my storage of future gold. I guess all I have to do is check if something new protocol is launched or not. Like I don't know if I have to change the bitcoin address when the lightning network will be available.

Topic: Where do you store your crypto - page 2. (Read 822 times)