This is very difficult. But I would recommend you the following:
1/3 in Paper Wallets
1/3 in storage things like the Trezor https://www.bitcointrezor.com/
1/3 in trusted online service like Blockchain.info
I think with this strategy you have good changes to bring your BTC over the next years.
Topic: Where to store Bitcoins safety for a few years? (Read 1842 times)
a multisignature bitcoin address will fit perfectly, and then store the paper wallet to somewhere you can trust, your home, your bank, and then someone closely related with you..
search for multisig bitcoin address on youtube
search for multisig bitcoin address on youtube
In my opinion a paper wallet would probably be your best way to store for a couple of years although I would more than likely change paper wallets every year just to make sure, a. I still knew where I put it.
B. To make sure it didn't fade get ripped
Go laminate your paper wallet and put in album. But as paper wallet only paper, high chance to get lost unless put in safe file or documentB. To make sure it didn't fade get ripped
Pal you can save the bitcoin paper wallet in pdf format in your pendrive or desktop, better to take in soft copy.
Else you can try any offline wallet like Electrum or multibit, that you can utilize to avoid from scamming and you can numerous bitcoin address in one wallet. try for it if possible.
In my opinion a paper wallet would probably be your best way to store for a couple of years although I would more than likely change paper wallets every year just to make sure, a. I still knew where I put it.
B. To make sure it didn't fade get ripped
Go laminate your paper wallet and put in album. But as paper wallet only paper, high chance to get lost unless put in safe file or document B. To make sure it didn't fade get ripped
These days people like an easy way , for example many of them trust a third parties like exchange , online wallet even they forget to enable the second factor authentication(if EXTs like you hackers will not) , so i think it is bad idea to trust a third parties with a big amount of BTC even for 4-5 mnt .
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
in most cases the problem is with the exchanger running away with the money or saying "we were hacked so your bitcion is gone!".
2FA only works if your fund holder (the exchanger) is still in its place and holding your money.
i think blockchain.info is better option .than other wallet
you have to do some search my friend.
online wallets can be safe but are never a better choice.
i'm going to store them in the future, in a personal mini server with a mini-itx board, i choose the antec slim mini itx case, for this purpose
a machien dedicated for runnign the client only, so it's safe from everything
a machien dedicated for runnign the client only, so it's safe from everything
Hi Amph!
Very good but very difficult to me.
why? you only need to buy a dedicate mini itx server, a computer, then use it only to run the client, no surfing no downloading, no anything else, pretty safe
And what if it is burning down or something else?
you're really asking this?, it's like askign if a computer will burn down at random, which is no sense, a mini itx, is just a computer but with a small factor
If you don't want to spend money on hardware, paper wallet is good choice.
Paper wallet is good. but its an easy disposable thing but hardware wallets is not like that. The better choice is to have backup data in two or three forms.
Maybe you could choose a Service like haobtc - There you also get an annual interesed of 3% of your amount you put there.
Great luck with your Project.
Great luck with your Project.
These days people like an easy way , for example many of them trust a third parties like exchange , online wallet even they forget to enable the second factor authentication(if EXTs like you hackers will not) , so i think it is bad idea to trust a third parties with a big amount of BTC even for 4-5 mnt .
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
If you truly are not going to use it I think a properly done paper is better then a computer even offline and encrypted. Paper there is no connecting it to online if done proper and stored like in a safety deposit box, that is really secure.
And I have became pretty big believer in hardware wallets. If your going to use it and need access to it I think then go hardware.
These days people like an easy way , for example many of them trust a third parties like exchange , online wallet even they forget to enable the second factor authentication(if EXTs like you hackers will not) , so i think it is bad idea to trust a third parties with a big amount of BTC even for 4-5 mnt .
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
Best way is use offline encrypted wallet @ using Linux as host (virus free) ,
I would assume paper would be the safest, but a good hardware wallet like keep key or trezor, or a dedicated machine who's only purpos is running the Bitcoin client off line.
Personally I like hardware wallets over a dedicated machine. Trezor is likely the most popular. For it to keep key on it and do the signing is huge as it can't be compromised. A dedicated machine has a lot more chance of compromise. I also did a hands on with one: https://bitcointalksearch.org/topic/hands-on-trezor-hardware-wallet-notlist3d-1298917
Paper wallets are still a valid option. If you are sitting money aside and not touching it for year's. It possibly is best option. All depends on use.
I would assume paper would be the safest, but a good hardware wallet like keep key or trezor, or a dedicated machine who's only purpos is running the Bitcoin client off line.
If you don't want to spend money on hardware, paper wallet is good choice.
The cheapest hardware wallet as far as i know is the ledger HW.1 which is 15€ it's not expensive saying the truth, then ledger nano, ledger unpluged, trezor, keepkey.My friend bought a ledger nano, but actually I don't know how it works
This is a combinated online/hardware wallet? Or a separate offline wallet?
Not necessary true on Ledger Nano. I suggest in my hands for all to get the starter option that use it. It is a live usb linux that is a secure OS you run off usb. It is 100 percent offline and does not store seeds. You have to write them down from it. So say computer is compromised by using starter option your still safe.
Here is my hands on with Ledger Nano:
https://bitcointalksearch.org/topic/hands-on-ledger-nano-hardware-wallet-notlist3d-1305888
If you don't want to spend money on hardware, paper wallet is good choice.
The cheapest hardware wallet as far as i know is the ledger HW.1 which is 15€ it's not expensive saying the truth, then ledger nano, ledger unpluged, trezor, keepkey.My friend bought a ledger nano, but actually I don't know how it works
This is a combinated online/hardware wallet? Or a separate offline wallet?
If you don't want to spend money on hardware, paper wallet is good choice.
The cheapest hardware wallet as far as i know is the ledger HW.1 which is 15€ it's not expensive saying the truth, then ledger nano, ledger unpluged, trezor, keepkey.My friend bought a ledger nano, but actually I don't know how it works
This is a combinated online/hardware wallet? Or a separate offline wallet?
If you don't want to spend money on hardware, paper wallet is good choice.
The cheapest hardware wallet as far as i know is the ledger HW.1 which is 15€ it's not expensive saying the truth, then ledger nano, ledger unpluged, trezor, keepkey.
If you don't want to spend money on hardware, paper wallet is good choice.
In my opinion a paper wallet would probably be your best way to store for a couple of years although I would more than likely change paper wallets every year just to make sure, a. I still knew where I put it.
B. To make sure it didn't fade get ripped
B. To make sure it didn't fade get ripped
I read about from paper wallets but never used before.
As I know I can make a paper wallet, which contains the wallet address and the private key. This is totally offline.
When I want to send coins from this address I need to import my wallet with my private key. (Similar when I copy wallet.dat to a pendrive)
Am i right?
As far as i know ledger wallets and trezor are compatible to be used with or on Mycelium mobile app, so they can work even if ledger or trezor website/servers are down? Please correct me if i am wrong.
i'm going to store them in the future, in a personal mini server with a mini-itx board, i choose the antec slim mini itx case, for this purpose
a machien dedicated for runnign the client only, so it's safe from everything
a machien dedicated for runnign the client only, so it's safe from everything
Hi Amph!
Very good but very difficult to me.
why? you only need to buy a dedicate mini itx server, a computer, then use it only to run the client, no surfing no downloading, no anything else, pretty safe
And what if it is burning down or something else?
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