Bitcoin Forum

I am looking for the best wallet to safely store my bitcoin for the next lot of years (who knows how long) is bitcoin core a safe place to do this or should i look at others?

As long as you keep your PC clean,use an antivirus software,don't visit sites you don't trust and don't download shady exe files it is safe (much safer than online wallets).
If you are planning to store a big amount of Bitcoin and look for an even safer solution try a paper wallet or buy a hardware one.

There is never a good and secure place to store your Bitcoin. Every system have vulnerable and it really comes down to how you handle it. By far Bitcoin Core is one of the safest if you know how to protect your computer and your wallets - like what isen mentioned.

However, I wouldn't recommend you to store all your Bitcoin in one place/machine. If you have a lot of Bitcoin (who know how much for how long?), you should spread them between a lot of wallets ranging from Bitcoin Core to hardware wallet. This way if something bad happen to one of your machine or wallet, you still have some Bitcoin left.

Desktop wallets  are also  okay to keep  your   bitcoin on  it  because  you have  the possesion of   your  private keys but   the risk  of  lossing it  is still there. Just like what  is being  mentioned  above   you  must  have a  clean pc and  an  antivrus  in able to avoid being hacked   on your  desktop wallet. If you  really possess   huge amounts then  better to find and use  hardware wallets. In my  own  opinion.

Bitcoin core is safe compared  on  web wallets    because  you  have  the  private  keys and  you would  able to retrieve it back when   theres unexpected circumtances  might  happen   in your bitcoin. If you are  making  secure  on your  bitcoin better  to keep  on  cold storage  paper wallets or  trezor and  other  hardware.

download the webpage https://www.bitaddress.org/
take your computer offline ( remove the internet wire )
load a linux live boot cd/usb.
print out a public/private key pair using that bitaddress webpage.

you've got yourself cold storage.

Some online wallets actually let you create copy of your private keys, export it, store and import later to software wallet of your choice - for example Blockchain.info has this feature.

Bitcoin Core is the first and the longest developed bitcoin wallet. It is open sourced and it is probably the most trusted bitcoin wallet available.

If you want to learn more about it, I recommend this article: http://www.coindesk.com/original-bitcoin-wallet-still-matter/ (http://www.coindesk.com/original-bitcoin-wallet-still-matter/)

I am using Bitcoin Core myself and the only con I found so far is that some antiviruses report bitcoin-qt.exe as harmful file containing virus/malware.

Bitcoin core is fine as long as you never go to any websites that could potentially give you a virus (in fact keep the computer off of the internet as much as possible) and you make sure to back up your wallet multiple times before doing anything with it.

Core is a good wallet overall imo.

I consider bitcoin as safe as long as you have your backup wallet and private keys stored on secured place. Also, as long as the servers are running and having an internet,bitcoin is there and safe to use.

. Back up wallet and make sure your private key secured is very important, but don't forget to change your private key periodically. It will helps you to keep your wallet safe.
So i think bitcoin core will store our bitcoin safely when we do al of that tips

I also suggest you this however can't understand what it mean by linux live boot?

You can use your old pc/laptop which can function but you never connect it to internet. Just use it to generate paper address and print it in offline printer. Than you can format that old pc and never connect it to internet.

Although You need to take care of that printed paper wallet and store it in some safe place protected form water, fire and obviously no one should have access to it.

no matter what wallet you use you should do the following to be safe, otherwise it is never safe:
1) download from the correct source. for example download core from bitcoin.org not anyplace else
2) learn how to check the signature and do it. read this: https://bitcointalk.org/index.php?topic=1588906.0
3) either install it on an offline computer for maximum security or if you do it on an online one try to keep it clean, watch for keyloggers and also encrypt the wallet.

actually there are many online btc wallet which are secure and also trust .
and i also never heared that any wallet that scammed anyone .
but i will suggest only blockchain which is bitcoin official wallet and make backup of yout wallet .

Im  not aware  about that  feature  on  blockchain.info where  you can copy on your  private keys  that  sounds  really a good thing for me  because  i do  use also  that web wallet for  fast  online transactions . Thanks for this  new  information brother, i would  try these  feature and  securing  my bitcoin  even  on webwallets.  I use  bitcoin core too and  you should really be careful  on  downloading malware  on your pc and   might get   those bitcoins that are being stored .

we use to make cd's that you could boot from, when you booted from this cd you'd be running a linux OS without having to install it on the HD. this was called a live boot.
these days you can do this with a USB
http://www.linuxliveusb.com/

so, even if your windows computer is full of viruses, you printed from linux so your safe.

Downloading full bitcoin node can be time consuming as well as bandwidth consuming so you can save your bitcoin in either paper wallet that can be printed offline or you can purchase hardware wallet like trezor for few hundred dollar if you like to store 1000's of usd worth bitcoin.

Get your knowledge about bitcoin core and this will not waste your time.
https://en.bitcoin.it/wiki/Bitcoin_Core

Honestly, you need learning more about bitcoin core like me. ::)

You might for using the simple wallet rather than using bitcoin core(Offline wallet).  ::) like a lot of people above's said KEEP YOUR PC CLEAN AND KEEP YOUR AMOUNT SECURED.

There is no 100% secure place to store the Bitcoins. Everything has its vulnerabilities anr you can't escape that.
But you can keer your Bitcoin split in different places, so in different wallets so if something happens that you don't lose them all. That is my suggestion.

Yes its good reliable not infected client (when u get it from official page) and it will be forever updated.
I would stick with it :), u could need faster client but its most reliable client.

I will definitely go for this way, just in case I want to store a lot of bitcoins, so I think a paper wallet is the safest but have some disadvantages like paper degrade or the paper itself can be lost all together.

Using Bitcoin core is just like using our own wallet to save our own money, that's why the safeness of it depends on you. If you can keep your computer from any vulnerable things such as viruses or anything, then you're safe with it. Because you are the only one who has the access to your own wallet not a wallet company or anything like that, because you are the one who has the private key.
The point is, you are the one who responsible for you own money. So if you think you can keep it safely there, then just do it!

I recommend you to choose a Bitcoin core or a web based wallet for spendings (low balance) and cold wallets for savings and high amounts. Both Bitcoin cores and cold wallets can be stolen though if there's a thief that knows about Bitcoin. However, there are low chances he'll take some paper and there's low chance he'll even know what Bitcoin is - so it's better than storing on a PC.

ofcourse it is trusted . because many of my friends who are not active in the bitcoin work made bulk buy and  save it for long long time period in the wait of increase price .
yet they face no any problem so i think it is better and not any matter to worried about it .

Bitcoin core wallet is the best so far. As long as you have antivirus on your computer, you should be fine. More safer if you have a clean pc and make it your offline wallet which is only a usb is the only way to store all your coins. Now your only problem is how to make your pc still alive.

You forgot to mention something else here... If the computer was infected with malicious code that logs all Bitcoin addresses, then whatever

Bitcoin address or paper wallet you created, would be logged. There are even Malware that scans the print buffer on printers, after you

used that printer. So, I would rather use a Air-gapped computer & printer to print your paper wallets. { Do not connect them to the internet,

if you want to use them for large amounts of bitcoins. }

Well, I prefer better solutions which provide additional layer of protection, like 2FA and email authorization. Bitcoin core s ok if you have it installed on an offline source but keeping it always online, well, I would not do this. Be smart.

Actually there is no absolutely safe wallet, Every wallet will always have a flaws. Bitcoin core is a good desktop wallet but it really depends on the user itself on how he/she uses her/his desktop.  I suggest that you shouldn't download shady files /install unknown files on it. If you have the money you can buy a cheap laptop solely for bitcoin storing.

I would say yes, why not? As long as you keep your computer safe, and you keep wallet backups in other places just in case... there's always the risk of getting hacked and the coins moving elsewhere, but that would require massive amounts of bad luck + an attacker that's world class, or you being dumb enough to open malware.

Yes, Bitcoin is a secure payment process because it is made on decentralized technology and it allows you to use with secure wallet id code and 2FA also that makes it very secure,

bitcoin core is a desktop wallet, isnt it ? it is safe to store on it, unless you carelessly put your seed on phishing site.
other wallet than bitcoin core like trezor is good too. no need to put some seed or key.

It seems difficult to find the best wallet to store bitcoin. Because basically they are all the same and have the same security system.
I think to reduce the incidence of theft or loss of your coin, better make a lot of wallet to save your coins.

They are not basically 'all the same'.
Desktop wallets do differ from mobile-/paper-/online- and hardware- wallets. Each does have it's own pro's and con's.
Security-wise, a properly initialised/printed hardware-/paper- wallet is the best option.




It is not the quantity which matters, but the quality.
It doesn't matter whether you have just 1 or 100 exploitable wallets on your infected machine. Compromised means compromised.

A hardware wallet combines security and convenience and is definetely better (in terms of safety, security and handling) than 100 desktop wallets..

Bitcoin is safe as long you have your backup wallet and private keys stored on secured place and you download the correct source to avoid scam and virus and also to people who know how to hack any account.

Yes it is safe to store all of your bitcoin to bitcoin because it is so secured and there is so many verification that you are the only one who knows it before someone open it. Actually it can not be hacked because there is a private key that you are the only one who knows it.

Hardware wallets are better if you are ready to spend something extra to procure one else you'd be fine with bitcoin core wallets but if you have many bitcoin then i wouldn't recommend an online wallet.

And also as long us you did not do something wrong like visiting untrusted sites, downloading from unknown address and such. Because this type of doing may bring you at risk where virus may occur and can corrupt your file. And also do not trust easily to someone obviously knowing your information especially if you have lots of bitcoin. Usage of virtual wallet is much safer than wallet where you cam hold money because someone can easily snatch it.

If you are planning to store a large number of Bitcoin and looking for an even safer solution try a paper purse or buy a piece of hardware. Every system is vulnerable and it really comes down to how you handle it. However, I would not recommend storing all your Bitcoin in one place / machine. This way if something bad happens to one of your computers or wallet, you still have some bitcoin left.

It's not best practice but don't listen to the people that tell you it's dumb. If you know enough to secure your own money than that is a far better option but if you have not yet put in the effort to learn you might make a mistake so letting coinbase handle it is a fine option. That said you absolutely should make an effort to learn enough to do it safely yourself and a hardware wallet will make it much easier.

yes bitcoin is very safe and it value is increasing day by day

It comes down purely to risk analysis. Holding a few hundred dollar worth? Whatever, keep them on coinbase. Its unlikely anything will happen. Thousands? Use Electrum or a hardware wallet. Nobody thought MTGox was going to shit the bed and lots of people lost a lot of money (myself included). If something ever did happen, you will be protected.

it depends on your pc. as long as you have anti virus and your pc is clean it is safe. also don't visit some sites that cannot be trust from your bitcoin. Also if you need more secure your bitcoin you download more safe wallet that has 2FA and security key and don't tell anyone your password.

I believe that offline wallet whether it's a paper wallet or hardware wallet is a secure way of storing Bitcoins. I am not a great fan of holding funds on any exchange or web Wallet service provider because you are not aware of the security precautions taken by that website. However, Crypto is all about self-responsibility and hence one should take extreme precaution while dealing with his funds because possibly he might not be able to recover his funds if lost.

I agree with your opinion mate. Pro's will always tell us to not put all our funds in one place or wallet because we don't know if there will be a vulnerability of a specific walket in the near future so it is better to diversify funds. I am not an expert but I never have a problem using Mycelium and Coinomi ever since I am into this cryptocurrency industry and I like the way it's features would help it's users.

There are viruses that can't be detected by simple anti virus. They are good in hiding so even you purchase one of it that's not enough to make your PC secure.

If you will store a lot of bitcoin on your desktop wallet, its better if that desktop or laptop doesn't have access to internet.

Someone who's visiting a website can't say that it can't be trusted by "bitcoin" but it's your software installed/anti virus that's detecting if those websites can't be trusted.

Just buy hardware wallet.

Any wallet software has Bug! If you have a large amount of bitcoin, you should split it up for safekeeping, so it's always safer!

i would recommend a paper wallet. to keep your bitcoin offline and safe from any viruses or theft

A handy and safe purse if used correctly. But there is something that applies to every wallet. Security is very important. Do not download anything wrong with your computer.

core wallet itself is surely safe, but it's as safe as your computer is. Are you sure you have no viruses in it? If that is the case and you have the required memory to sync whole blockchain, it's a safe bet

 Still looking out for the best wallet ever for safely store.

i think bitcoin core is the official desktop wallet for bitcoin. You can see the link to the bitcoin core is posted in this bitcointalk.
the most important thing is you must protect your wallet, and you should never expose your seed or key to another website.
Backup your wallet info and store it in different safe places.

I think it will be safe if you can remember your account and your password too and make sure your computer does not have a virus that can record all your activities, especially those associated with your bitcoin. so make sure your account is well saved so you can use it again.

Think about it, there is something absolutely safe in your life, I think it can not be absolute, safer if you have a clean computer and make it your wallet hidden. Just a usb is the only way to store all your coins.

I always store bitcoins at indodax.com. indodax is the storage and exchange of bitcoins into fiat currency, and the only storage available in my country. I think it's very safe. my advice should be to use official storage from your own country.

Why don't you buy a simple hardware wallet? You don't need to store private keys, laptops ecc.. A simple Ledger or Trezor and you will be ok and safe for the next 10-20 years :D
Keep in mind to store recovery seed, and nothing else needed to do :D

I don't agree. All the system has vulnerability. As long as the privacy is strong you can't trust nothing.

I don't think so also. indodax.com could be a better solution for your problem. Please concern with the expert.

You can try desktop wallet. If your pc is clean, has an antivirus, less chance of hack it will be the best option.

You should trust the big exchanges like Bittrex and Binance. I've been holding Bitcoin on my Bittrex wallet for over a year and my Bitcoin properties are still intact and not hacked by hackers. so the wallet on the big exchange is safe

If I were you I would go with the paper wallet. Its offline, secure from viruses or theft.

it's not about the wallet you are using but it's all about your pc and how you take care if your kets and password. Buying ledger is not really recommended to you to buy but just buying a legite anti virus and making your pc clean then that will be safe and you can now use it for a long time.

Bitcoin transactions are considered to the safest and the most confidential of all as it provides the user anonymity and peer to peer transactions and moreover its transactions does not involve any third party seizure and thus allowing nobody to see the transaction between the two so it’s like next to impossible to hack or steal the bitcoin but still there are many cases of bitcoin hacking and stealing and according to me the best way to be safe is to never share your passwords and keys to anyone and enjoy your bitcoining.

All wallets are secure and safe as long as you will keep your PC or other devices is clean and you keep all personal information relates to your accounts. And, you should not believe immediately while you receive an email or other inbox, you shave better ignore it. Because some bitcoin users are hacked due to these reasons. Therefore, be careful with all transactions in crypto.

bitcoin core is very safe, so we no longer need to look for another, about storing personal data should only be in flashdisk not in any laptop or computer, because all of the potential is to enter a virus, all of our personal data store some flashdisk and we store in a separate place that we feel is the safest, maybe it can be applied to be on guard if one of our missing Flashdisk still has a reserve.

Hello,

Do you need to keep the private keys ?

I have bitcoin core installed and i am busy downloading the entire blockchain, might take me a few weeks as i was told.
It says 5 years remaining and it says 3 weeks remaining, oh well.
Thing is, you keep wallet.dat , and thats it?
If you have to use it, you can install bitcoin core on another pc and then dump that wallet.dat file in the roaming folder on the new pc?
I thought u need to have private keys and stuff.

I am confused.