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
Topic: Where to store Bitcoins safety for a few years? - page 2. (Read 1875 times)
So I see here is no people who trust in exchanges.
I think coinbase is one of the trustable exchange with very strong stuff and 3.1 million users.
What do you think from them?
https://www.coinbase.com/about
I think coinbase is one of the trustable exchange with very strong stuff and 3.1 million users.
What do you think from them?
https://www.coinbase.com/about
it is still a third party that you are putting your trust in. and as long as there are ways (secure ways) that you can store your coins yourself there is no need for them unless for a hands on day to day use of bitcoin.
also this is worth knowing:
https://bitcointalksearch.org/topic/gamblers-be-careful-with-coinbase-747596
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
I think offline wallet much safer than online.
I'm usually save more bits on offline wallet.
Just be sure to protect your pc from any malicious content
I'm usually save more bits on offline wallet.
Just be sure to protect your pc from any malicious content
Paper wallet or you copy wallet.dat to USB?
I think offline wallet much safer than online.
I'm usually save more bits on offline wallet.
Just be sure to protect your pc from any malicious content
I'm usually save more bits on offline wallet.
Just be sure to protect your pc from any malicious content
So I see here is no people who trust in exchanges.
I think coinbase is one of the trustable exchange with very strong stuff and 3.1 million users.
What do you think from them?
https://www.coinbase.com/about
I think coinbase is one of the trustable exchange with very strong stuff and 3.1 million users.
What do you think from them?
https://www.coinbase.com/about
I'll prefer Brain wallet.
And don't even think about storing your bitcoins on any exchange or even any online wallets.
And don't even think about storing your bitcoins on any exchange or even any online wallets.
different ways of storing bitcoin is sometimes a matter of preference but some methods are better and some are simply bad idea.
for instance storing bitcoin on an exchanger is the worst idea someone can choose. just look at how many of them lost their coins like the recent one (cryptsy) because you are simply trusting a third party with your money.
another way is to remember a set of words (seed that some wallets like Electrum and Armory use) and not need any physical saving if you are certain you won't forget the sequence.
but i think the best way which is practically free (unlike hardware wallets) is to creating an offline wallet on a live linux on your USB disk and encrypting the whole thing and putting it aside.
for instance storing bitcoin on an exchanger is the worst idea someone can choose. just look at how many of them lost their coins like the recent one (cryptsy) because you are simply trusting a third party with your money.
another way is to remember a set of words (seed that some wallets like Electrum and Armory use) and not need any physical saving if you are certain you won't forget the sequence.
but i think the best way which is practically free (unlike hardware wallets) is to creating an offline wallet on a live linux on your USB disk and encrypting the whole thing and putting it aside.
Physical BTC and put it at home
since i am new user but i will say to put your btc in your blockchain.info wallet
I heard they had a lot of problems. Missing and lost coins, etc.
I have two years to use blockchain.info and I have never experienced losing a coin and until today always safe
Unfortunately not having had problems is not a guarantee for not getting problems in the future.
I would buy a trezor or use the nano wallet. If you are not going to touch them in those 4-5 years the lower security at transactions of the ledger are not that big of a problem.
The hardware wallets have seeds that are compatible with several wallets and should make sure you can always regain access to your coins.
since i am new user but i will say to put your btc in your blockchain.info wallet
I heard they had a lot of problems. Missing and lost coins, etc.
I have two years to use blockchain.info and I have never experienced losing a coin and until today always safe
since i am new user but i will say to put your btc in your blockchain.info wallet
I heard they had a lot of problems. Missing and lost coins, etc.
I shouldn't keep it all in an exchange.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
Save wallet.dat or make paper wallet?
Save wallet.dat.
Don't have experience with paper wallet. In fact don't know what that is. I'm not so familiar with all these things.
I shouldn't keep it all in an exchange.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
Save wallet.dat or make paper wallet?
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.
I shouldn't keep it all in an exchange.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
YOu never know like cryptsy and others ...
I keep a small amount on a few exchanges if i want to buy some altcoins or so.
The rest is saved on PC and USB stick.
Dear Members!
My friend wants to buy a bigger amount before the next halving and wants to store them in a secure place for 4-5 years.
What do you prefer, where to store the coins?
1. In a few Exchanges?
Maybe he need to split some exchange like Coinbase, Cex, Bitstamp, etc. I think Coinbase is very secure, they have insurance and vault feature.
BUT: Cryptsy was hacked now, and every other exchange can be hacked nowadays
2. He bought a ledger nano wallet, but what happens if Ledger Inc. close in 2018 for example?
3. They can store in paper wallet in a safety place. I don't know too much from paper wallets, I never used them.
4. Or just simply download the latest client and copy wallet.dat to 2-3 USB Pendrive and store them different places?
5. Or mixed all the ways that I wrote, so for example: 20% exchanges, 30% hardware wallet, 30% wallet.dat file, 20% paper wallet?
The main question is: Where you store your coins to sleep calm?
My friend wants to buy a bigger amount before the next halving and wants to store them in a secure place for 4-5 years.
What do you prefer, where to store the coins?
1. In a few Exchanges?
Maybe he need to split some exchange like Coinbase, Cex, Bitstamp, etc. I think Coinbase is very secure, they have insurance and vault feature.
BUT: Cryptsy was hacked now, and every other exchange can be hacked nowadays
2. He bought a ledger nano wallet, but what happens if Ledger Inc. close in 2018 for example?
3. They can store in paper wallet in a safety place. I don't know too much from paper wallets, I never used them.
4. Or just simply download the latest client and copy wallet.dat to 2-3 USB Pendrive and store them different places?
5. Or mixed all the ways that I wrote, so for example: 20% exchanges, 30% hardware wallet, 30% wallet.dat file, 20% paper wallet?
The main question is: Where you store your coins to sleep calm?
1. I think it's not good idea store the coins on exchanger in the next 4-5 years, we don't know what happen in 4-5 years.
2. i don't know about this.
3. I think paper wallet is the best place.
4. I'm also don't know about this.
5. No, better pick only 1 option.
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
Dear Members!
My friend wants to buy a bigger amount before the next halving and wants to store them in a secure place for 4-5 years.
What do you prefer, where to store the coins?
1. In a few Exchanges?
Maybe he need to split some exchange like Coinbase, Cex, Bitstamp, etc. I think Coinbase is very secure, they have insurance and vault feature.
BUT: Cryptsy was hacked now, and every other exchange can be hacked nowadays
2. He bought a ledger nano wallet, but what happens if Ledger Inc. close in 2018 for example?
3. They can store in paper wallet in a safety place. I don't know too much from paper wallets, I never used them.
4. Or just simply download the latest client and copy wallet.dat to 2-3 USB Pendrive and store them different places?
5. Or mixed all the ways that I wrote, so for example: 20% exchanges, 30% hardware wallet, 30% wallet.dat file, 20% paper wallet?
The main question is: Where you store your coins to sleep calm?
My friend wants to buy a bigger amount before the next halving and wants to store them in a secure place for 4-5 years.
What do you prefer, where to store the coins?
1. In a few Exchanges?
Maybe he need to split some exchange like Coinbase, Cex, Bitstamp, etc. I think Coinbase is very secure, they have insurance and vault feature.
BUT: Cryptsy was hacked now, and every other exchange can be hacked nowadays
2. He bought a ledger nano wallet, but what happens if Ledger Inc. close in 2018 for example?
3. They can store in paper wallet in a safety place. I don't know too much from paper wallets, I never used them.
4. Or just simply download the latest client and copy wallet.dat to 2-3 USB Pendrive and store them different places?
5. Or mixed all the ways that I wrote, so for example: 20% exchanges, 30% hardware wallet, 30% wallet.dat file, 20% paper wallet?
The main question is: Where you store your coins to sleep calm?
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