|
Title: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: Roccker on November 25, 2013, 02:03:49 PM Hi!
[Kill me but i didn't know where this post belongs (Did i just horribly miss something? Is a 'Securing your bitcoins'-subforum a good idea?)] I am wondering: Shall i just leave my coins on bitstamp - or look into some other options? Pro 'leave it on bitstamp': - if Bitstamp is not secure, then we can say goodbye to bitcoin anyway? - don't even know how much effort is needed to make good paperwallet - i have less trust in having a paper in my apartment that is the only key to my savings then having it on bitstamp - i have to keep coins and money on bitstamp anywhere to react on the course Thanks for your perspectives/comments.. Title: Re: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: Barek on November 25, 2013, 02:09:14 PM Really depends on how many bitcoins you are keeping there.
If it is a couple weeks pay, then losing it will ruin your day/week, but not your life. If it is (much) more, you might want to look into proper ways to secure it. (Armory/Electrum deterministic wallet backup printout, ...) Title: Re: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: Apraksin on November 25, 2013, 02:25:25 PM I try to never leave my coins online for an extended time. If you're not daytrading put your coins in cold storage.
Title: Re: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: LitcoinCollector on November 25, 2013, 03:24:52 PM I use cold storage
Title: Re: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: colinistheman on November 25, 2013, 04:29:15 PM Cold storage is the way.
A simple paper wallet is the best for me. Title: Re: Just leaving your coins on Bitstamp? (good or bad idea?) Post by: Birdy on November 25, 2013, 04:33:09 PM Unless you want to sell soon (or daytrade), you shouldn't leave your coins on an exchange.
|