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Author Topic: How to store my Bitcoin?  (Read 1277 times)
ramkumar (OP)
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April 14, 2015, 05:43:39 PM
 #1

Hello,

I invested in bitcoin and price came down (alot). so i want to store my bitcoin in safe place.

i didn't trust any exchange because they would gone by overnight.

I'm not going to watch Bitcoin industry / price for next 2-3 years. so i just wanted to store in safe place.

i don't want store in offline wallet because of virus & malware in my computers.

Anyone have best suggestion for me?

Thanks in advance.
ramkumar (OP)
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April 15, 2015, 08:21:53 AM
 #2

No one have idea  Huh

Sad
vennali
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April 15, 2015, 09:21:39 AM
 #3

You can always create an offline wallet in the form of a Paper wallet. Also, you could move it to a cold storage, where a computer is used to create a wallet, which has never been connected to the internet.

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April 15, 2015, 11:02:57 AM
 #4

Hello,

I invested in bitcoin and price came down (alot). so i want to store my bitcoin in safe place.

i didn't trust any exchange because they would gone by overnight.

I'm not going to watch Bitcoin industry / price for next 2-3 years. so i just wanted to store in safe place.

i don't want store in offline wallet because of virus & malware in my computers.

Anyone have best suggestion for me?

Thanks in advance.


Hi ramkumar

I will suggest you to use bitgo multi sig personal wallet. I have used it personally and have only positive things about it.
If you find it too difficult send me pm or email at mahin@zebpay.com and will be pleasure to help you with that.

In case you want to leave it very simple you can go with Armory paper wallet.

If you want to go with Hardware wallets, you can use Trezor, personally used it and its just awesome.

I guess, coinsecure has plans to sale trezors so pm Benson or contact coinsecure team if they are selling it or not.

Regards


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defcon23
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April 15, 2015, 12:45:10 PM
 #5

Hello,

I invested in bitcoin and price came down (alot). so i want to store my bitcoin in safe place.

i didn't trust any exchange because they would gone by overnight.

I'm not going to watch Bitcoin industry / price for next 2-3 years. so i just wanted to store in safe place.

i don't want store in offline wallet because of virus & malware in my computers.

Anyone have best suggestion for me?

Thanks in advance.

may i suggest you a good hardware wallet ? actually Trezor wallet is the best choice i think..  Wink  my referal link : https://buytrezor.com/?a=228c535b2aba  Thanx !  Wink
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April 15, 2015, 01:22:41 PM
Last edit: April 16, 2015, 08:00:28 AM by Benson Samuel
 #6

may i suggest you a good hardware wallet ? actually Trezor wallet is the best choice i think..  Wink  my referal link : https://buytrezor.com/  Thanx !  Wink

Trezor is not the best bet.

Read: Extracting the Private Key from a TREZOR ... with a 70 $ Oscilloscope

I still prefer paper wallet downloaded from blockchain.info.

ramkumar (OP)
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April 15, 2015, 01:30:50 PM
Last edit: April 15, 2015, 01:51:00 PM by ramkumar
 #7

Thank you so much for all.

any other ideas left?

BTW: just signed up with BitGo and awaiting for email activation. i also think about blockchain paper wallet but i'm afraid about i might lost it (i'm not careful guy)


EDIT: i loved BitGo interface & security methods but still i don't see any support / ticketing system to contact them.
ramkumar (OP)
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April 16, 2015, 06:30:13 AM
 #8

BitGo support is horrible.

Submit a ticket, 24 hours gone and still no reply from them.

It looks they kill this project and let it go...
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April 16, 2015, 11:22:36 AM
 #9

isn't blockchain.info safe as long as your password and 2 factor authentication are in place
btc_enigma
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April 16, 2015, 11:35:57 AM
 #10

Use multibit or armory and encrypt your wallet.  Backup your encrypted wallet to paper or USB.
Actually armory has very nice features of offline backup too.

Don't use online wallets. They look very attractive , but one hack and all ur coins are gone. You can't even trace these people, they will disappear faster than usain bolt on drugs


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April 16, 2015, 03:31:45 PM
 #11

may i suggest you a good hardware wallet ? actually Trezor wallet is the best choice i think..  Wink  my referal link : https://buytrezor.com/  Thanx !  Wink

Trezor is not the best bet.

Read: Extracting the Private Key from a TREZOR ... with a 70 $ Oscilloscope

I still prefer paper wallet downloaded from blockchain.info.
yes , i have read that.. indeed.. overwise as you can see in the end of this doc , in the disclamer part :
Quote
Disclaimer

I am not involved with Satoshi Labs or any of their competitors. I own two TREZORs myself and I am still thinking hardware wallets are the best way to protect against most attack vectors. Problems like this are to be expected in any new product and TREZOR is barely a year old now. It is more important that these things get fixed in a timely manner.    
    johoe
... so... that's the owner of this exploit how say it.. and since that, i have heard this problem was fixed by satoshilab .. Wink

Cheers !  Grin
vennali
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April 16, 2015, 03:37:19 PM
 #12

Use multibit or armory and encrypt your wallet.  Backup your encrypted wallet to paper or USB.
Actually armory has very nice features of offline backup too.

Don't use online wallets. They look very attractive , but one hack and all ur coins are gone. You can't even trace these people, they will disappear faster than usain bolt on drugs



I think he doesn't want to use system wallets as he fears the virus on his system, which might compromise the coins.
I think a Hardware wallet is actually a good option, otherwise just go with my initial suggestion of a paper wallet.

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April 17, 2015, 11:58:37 AM
 #13

Paper wallet is best option for it.
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April 18, 2015, 11:44:02 AM
 #14

Hello,

I invested in bitcoin and price came down (alot). so i want to store my bitcoin in safe place.

i didn't trust any exchange because they would gone by overnight.

I'm not going to watch Bitcoin industry / price for next 2-3 years. so i just wanted to store in safe place.

i don't want store in offline wallet because of virus & malware in my computers.

Anyone have best suggestion for me?

Thanks in advance.


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