[VanDeinsberg12]

Use both, one for ease of use, and another for storage. I always have btc scattered in various places in small amounts, but the main balance is still
on good old core client where im certain it will stay and where i have only access.

Would never trust third party to hold my funds in large sums, we have all seen what can happen if you do.

Both of them has a different usefulness, try to use all and you can take all of the advantages from the centralized or decentralized wallet. Good thinking.

Finally, it's not a big problem if a centralized or decentralized wallet as long as your bitcoin is safe and you can easy to manage them.

[Hirose UK]

Centralized wallet is wallet where you don't have full access over your bitcoin (no private key), but usually they offer service such as instant sell/buy bitcoin, bitcoin credit card or no transaction fee. (Example : Coinbase and Xapo)
Decentralized wallet is wallet where you have full access over your bitcoin (you get private key), but without much service because it's decentralized. (Example : Electrum and Mycelium)

So, Which one is better for you? Centralized wallet or decentralized wallet?

Decentralized wallet is better actually because we have the private key, we are the controller. but I don't use it honestly.
I use blockchain, I have the private key, and there is service, so between centralized and decentralized wallet.

[Herbert2020]

both of these wallets have their benefits and maybe some cons also.
for example using a decentralized wallet like coinbase or xapo lets you gather dust as much as you wish without worrying about crowding your wallet and paying high fees afterwards. but the problems is the trust and the fact that they can block your account as they wish.

[Kakmakr]

For Bitcoin to go mainstream we need both, because people's preferences differ from each other. Most people are already used to 3rd parties handling the risk for them, and they are willing to pay the price for that, but you get other people < control freaks like myself > who wants to do everything on their own. We cannot simply use one option to cater for everyone's needs. ^smile^

[Mumbeeptind1963]

Centralized wallet is wallet where you don't have full access over your bitcoin (no private key), but usually they offer service such as instant sell/buy bitcoin, bitcoin credit card or no transaction fee. (Example : Coinbase and Xapo)
Decentralized wallet is wallet where you have full access over your bitcoin (you get private key), but without much service because it's decentralized. (Example : Electrum and Mycelium)

So, Which one is better for you? Centralized wallet or decentralized wallet?

For me its depend i use decentralized wallet if im earning bitcoin but if i need to secure it or i need the full access of my bitcoin funds i need to transfer all of my bitcoin in decentralized because here i have the security of my account in centralized i have also but the point is how if centralized wallet close their site. But now im earning only few bitcoin i risk my earning in centralized.

[The_prodigy]

Centralized wallet is wallet where you don't have full access over your bitcoin (no private key), but usually they offer service such as instant sell/buy bitcoin, bitcoin credit card or no transaction fee. (Example : Coinbase and Xapo)
Decentralized wallet is wallet where you have full access over your bitcoin (you get private key), but without much service because it's decentralized. (Example : Electrum and Mycelium)

So, Which one is better for you? Centralized wallet or decentralized wallet?

For me its depend i use decentralized wallet if im earning bitcoin but if i need to secure it or i need the full access of my bitcoin funds i need to transfer all of my bitcoin in decentralized because here i have the security of my account in centralized i have also but the point is how if centralized wallet close their site. But now im earning only few bitcoin i risk my earning in centralized.

Yeah that's the problem i think if you choose centralized wallet if the sites or the server wallet is down all users of the wallet will be affected unlike decentralized here you can relay here

 

[Karartma1]

For everyday use (i.e. low BTC amounts) I think is necessary to use easy syncing wallets. I can't always run bitcoin core when I'm out. Not considering cold storage and such.
So I would happily use bitcoin core everyday but for my funds security it is better to divide my btc into more parts.

[franky1]

the golden rule is simple.
long term savings: keep on your own personal private key.

daily spend: use a service that makes it convenient for you.

[zecatcrypt1]

Centralized wallet is wallet where you don't have full access over your bitcoin (no private key), but usually they offer service such as instant sell/buy bitcoin, bitcoin credit card or no transaction fee. (Example : Coinbase and Xapo)
Decentralized wallet is wallet where you have full access over your bitcoin (you get private key), but without much service because it's decentralized. (Example : Electrum and Mycelium)

So, Which one is better for you? Centralized wallet or decentralized wallet?

For me its depend i use decentralized wallet if im earning bitcoin but if i need to secure it or i need the full access of my bitcoin funds i need to transfer all of my bitcoin in decentralized because here i have the security of my account in centralized i have also but the point is how if centralized wallet close their site. But now im earning only few bitcoin i risk my earning in centralized.

As of 2017, which decentralized wallet do you advice now ?
Thank you for any advice !

[mevmike]

i will always go for the decentralized wallet.
having a full control of your keys will always be more secured as compared when someone has them for you.
and i have already heard a lot of stories about accounts being stolen or coins stolen on a centralized wallets...
better be sure than sorry..