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Bitcoin => Bitcoin Technical Support => Topic started by: calkob on April 13, 2017, 08:24:54 PM



Title: Is it safe to store all my bitcoin in my core wallet?
Post by: calkob on April 13, 2017, 08:24:54 PM
Thinking of storing all my bitcoin in my core wallet,  what threats should i be aware of, i have scanned my pc with Malwarebytes and Avasat and they have found zero threats. Is  this a safe thing to do ?

many thanks


Title: Re: Is it safe to store all my bitcoin in my core wallet?
Post by: DannyHamilton on April 13, 2017, 09:04:32 PM
Have you created multiple secure backups?

Will anyone else ever have physical access to your PC while not under your direct supervision?

Is there any chance that you will install software that includes hidden malware too new for Malwarebytes and Avasat to identify it?

Is there any chance that you will connect hardware that has malicious firmware?

If your answers are:
Yes, No, No, No, then it is probably a safe thing to do.


Title: Re: Is it safe to store all my bitcoin in my core wallet?
Post by: cr1776 on April 13, 2017, 10:12:10 PM
To add to what Danny says, what is your use case also? Are you spending from it often?

Do you have 0.1 BTC? 10?, 100?, 500? Etc. (I wouldn't recommend answering publicly).  if you are storing a lot and rarely spending a different storage might be advisable.



Title: Re: Is it safe to store all my bitcoin in my core wallet?
Post by: U2 on April 14, 2017, 03:24:33 AM
Only store what you need to spend on a hot wallet like this and otherwise just keep everything on cold storage. That's the safest and smartest thing you can do since no one can really say 100% answers to DannyHamilton's questions.


Title: Re: Is it safe to store all my bitcoin in my core wallet?
Post by: calkob on April 14, 2017, 11:41:25 AM
Thanks for the replies guys, They have been really helpful  ;)