Bitcoin Forum

How do you manage to keep your crypto coins? 

I make sure I have not just one hard drive but more than one to make sure that I have back ups in case my crypto wallet is gone for whatever reason.

Low value coins are staying at the exchange. High value coins are in their wallets. My PC is making a snapshot every hour and a full backup every day. you can never be too cautious.

And if you are still in doubt about your PC wealth just buy a hardware wallet like the ledger wallet S: https://www.ledgerwallet.com/products/ledger-nano-s

You can even check if your wallet has an option to make a paper wallet. However for every method you have pros and cons so choose the best method for you

Ledger wallet is great.

Well, most part of my altcoins are Ethereum Based, so i store them in MyEtherWallet.. I think this is the most easy way to keep your tokens safe instead on having them in any exchanger.
Security is the most important part in cryptocurrencies world, and exchanger is the opposite, someday they could close down and you lost all your money, that is why i store my coins in anyother wallet.

I keep my altcoins in my  myetherwallet (MEW) , only which are erc20 tokens. Because this wallet is safe and easy to use in compare to altcoins own wallet and other altcoins wallet.  But nowdays I heard many scam in mew by hacker's

you just need to keep backing up your wallet and save it from your usb so just I case your pc break down you still have the back to recover if I'm not mistaken every coin have their back up so just in case it will be easy for us to re-download the wallet then just insert the back and it will be regain.

Bitcoin in the full fat (150GB) official client. Other coins with the private keys or mnemonic seed, combined with a lite client or MyEtherWallet

I only use myether to store them for safekeeping, I am very afraid to use electronic devices for storage because they can be stolen or risk fire or something.

if you do not have enough hard drive you can use the private key that you created in wallet then save it in a safe place . because private key is more efficient memory than backup wallet .

I'm using Electrum & mew. Private keys are saved in password protected .xlsx lists and stored in multiple hard drives.

But still how can you protect yourself if a hacker has a RAT on your computer and can just copy your password whenever you type it in?

It doesn't matter, if your machine is infected a hacker might as well copy the wallet file, the mnemonic seed, password or whatever he/she wants. When a hacker has access, all bets are off.

When it comes to storing bitcoins then I think Electrum wallet is the best as its easy to use and the altcoins that I have are ethereum based so that I prefer to save in my ether wallet as it is very user friendly and it ensures the safety of coins in the wallet as you cannot afford to loose your coins in the hands of the hackers and ether wallet makes that difficult.

I store some coins in my coinomi wallet which is available for Android.
All Ethereum based tokens in myetherwallet
Some low value coins and short term coins in the exchange itself.
Bitcoin in both blockchain.info wallet and mycelium wallet

It depends on your plans for your coins. If you want to buy and hold then a wallet is best. If,however, you want to trade,lend or use arbitrage you need them in an exchanger.

for me i make a backup in my another Hard Disk, so if i reinstall My computer the file is available in my hard disk
another steps is i make a group for my self in facebook and upload all the details in my secret group

I think that the person who own some currencies should for sure make some backups in many places, because it's very important when you lost one you have still another one safe in other place. It is obvious but also strong password with symbols like "%^*(#".
Also MyEtherWallet and ledger are perfect to keep your coins safe.
Paper wallet is also nice idea, but i am afraid of people whom could come into a paper.

I usually have my coins placed on an exchange so I can sell them for profit whenever I see the opportunity to do so. Not all coins should be put inside a wallet because there’s time where the time it takes for the transaction to confirm is long so by placing them inside an exchange is the best thing out for spending the coins.
Bitcoin is the only coin that should be placed somewhere securely since most coins on this forum and within coinmarketcap depend on it to be traded. Altcoins and fiat don’t really have any special perks here unless they were already popular from Bitcoin.

Everything is very simple.

I usually keep a coin in the wallet and protect it with a password. but there are some coins that I keep in exchange.

Hardware wallets for the Blue chip cryptos, series of currency-specific wallets for everything else

I take backup everyday and keep them in 2 pen drives separately which i use to backup from the system weekly once. So that if any day my system crashes i should not be in trouble.

I use hardware wallets, usbs, external drives, and 2fa on every account that I can. I think that makes things quite secure. Oh and dont keep coins on an exchange as they are not yours at that moment.

Try only using exchanges for exchanging coins not storing.

i save my coins in local wallet, very safety and easy because if there is problem about that you can complain in owner . i prefer to save my coins in local wallet than in hardware wallet or webwallet etc

I keep my crypto coins in hardware wallet. For those coins that are not supported by my hardware wallet, I will keep in the official wallet of the coins.

I think the new meoda is Decred, written from scratch, it's not a bitcoin fork hahaha

I think saving different coins in exchange would be bad idea as well as it should not be stored on the wallet for which you don't hold any private keys. If you don't have private keys then it just mean one thing that is you don't control your wallet and  coin by any means. Generating private keys and printing them is best option to go with it. Always store these private keys in three to four different location. If possible use hardware wallet like ledger which is the best one in the market. Keeping on digital pic connected with internet is not good as it can be hacked. Bette store it offline.

I've set up a VM for trying new wallets where I'm logged into the used websites forever, so there's no need for retyping passwords at any time.

And I never install any software other than needed to my origin OS.

most of my altcoins and ethereum coins are stored to MyEtherWallet.also i think to make your coins safer is to having them on the exchanger.security is the most importing part for cryptocurrencies so we should do our best to find best wallet or storage to store and and prevent being scamed. in excahnger is oppesite they could close down your account and you will lost all of your money so that why i stored it to other wallet for backup plan

If you are a long term holder i would recommend that you keep your coins in ledger wallet as this way you will not be in temptation to trade your coins and it is very safe.


However if you wish to trade in the mean time, a solution would be to split the amount of coins you wish to trade to few (3) exchange platforms. Not all coins for trading in 1

I use blockfolio for the portfolio of my coins and the original wallets for each con unless it's a token or eth I use myetherwallet. Otherwise I use waves lite wallet for waves and it's tokens. I don't like using anything where I am not in control. I want the private keys.

I keep them locally, the most important reason is that I cannot 'keep' myself stay without trading  :D

I much rather have coins securely stored online than a physical hard drive or back-up device. What happens if you someone robs your house or you get hit by a hurricane? This is why I only recommend e-wallets even if that might sound counter-intuitive, but at the end of the day its personal opinion.

If I still trust the eth I use myetherwallet. If I use the wave lite wallet to wave and have a Token because I don't like to use anything where I'm not in control. I would like private key security sensing sake. in managing my crypto coins

I'm just going to start investing in ICOs and I need to buy some coins to use them after. I even didn't know there is a difference between wallets. What would you recommend as the safest option for me?

Keep or store them in a hard ware wallet or offline wallet. But I do check them from time to time and for those coins that have low value and are at a certain amount I just keep them in an exchange but I placed a 2fa on the exchange site to be sure also.

I still trust myetherwallet as one of the coin storage places
because there has never been a small cheating in all the exchanges that's what makes me judge the quality of performance is very good in satisfying users.

I only use my etherwallet because secure is the most important for protect ur coin, i dont know know how to use other wallet. I just have one

There are several ways to backup/manage your coins and that depends on your personal preference. The most notable and most available way to each and everyone of us is to use an external hard drive that would be offline most of the time. I actually use this and it is very convenient to me. You should buy those hard drives that has built-in encryption software to add an extra layer of security to it. Another way that I use is to have a hardware wallet for your coins. Currently using Ledger (well-known hardware wallet company) but would like to try Trezor also. This hardware wallets are created for the sole purpose of storing coins (Bitcoin, altcoin, etc.) and they provide different level of securities with the ease of usage through their software that comes with it. I've been successful in managing my coins by using these methods and would come handy for anyone out there.  ;)

I store it in an offline wallet and let it sleep for many years and will only open it when I reach my target price. I also keep the private keys just to make sure.

I keep almost all my coins on the Exodus/Eden desktop wallet, which supports about 30 various coins, and can be recovered from any computer with a 12-word pass phrase, that I keep in my safe.  I have only two coins that are not supported by Exodus/Eden, and I just keep them on their own wallet or on an exchange.  The key is to print your recovery phrases or private keys and keep them in a secure place, and your coins will always be safe against computer crashes.

I think one minimizes the risk is to install antivirus in your computer and then add certain authentication to your wallet. like sms verify so when the hacker has got the password you type. they will not be able to enter your wallet because they have to enter sms verify first to be able to access the account..

Looking for any reviews on different wallets.. Does anyone read smth like that? Any articles of smth?

I am more confident to hold altcoins in big markets like poloniex and VIP, I am always uncomfortable if I save them on MEW or waveplatform because it always makes users panic when hackers master private key user, for koin2 which only enter in small market then I will immediately sell and re-focus in large markets.

Definitely a hardware wallet like a Ledger Nano. Then an exchange for the few that isn't supported by the Ledger. It's best not to hold coins at an exchange...