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Author Topic: How do you keep your bitcoins?  (Read 48734 times)
paras20
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April 11, 2018, 03:18:47 AM
 #1301

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

I just keep my bitcoin in my wallet and put it a strong password that no body knows and no one can stole it
lodi123
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April 11, 2018, 03:48:03 AM
 #1302

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

I keep my bitcoin in my wallet and hold it use out a password and only use it in important matters in life
Rossy Akbar
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April 11, 2018, 04:05:55 AM
 #1303

The best way to keep your bitcoin is invest I think, but you know that different people has their own way to keep their money,  doesn't matter what it is. But for me personally I'm not really that kinda human for bitcoin, if I have btc I will keep it but when I need it I will use it no matter how much the price could be. So,  goodluck.
kyliebarker
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April 11, 2018, 04:43:03 AM
 #1304

Bitcoin is a digital currency that can only be stored in digital wallet. These wallets are of two types:-

1. Software Wallet
2. Hardware Wallet

1.  Software Wallets:-  Software Wallets are similar to bank account that can be installed in mobile or computer system. For example Avatrade, Whaleclub, Coinbase, LakeBTC, EXMO etc. These are online wallets to store cryptocurrency easily. User just need to login to store Bitcoin. These wallets charge some Sign Up and transaction fee too. It is difficult to say which online wallet is best and which not so user need to check reviews and rating before using these wallets.

2.  Hardware Wallet:-  Hardware wallet is an Offline Wallet or storage device to store Bitcoin. For example Ledger Nano and TREZOR. First you need to connect the device with you Laptop or Computer via USB. Only then you can store Bitcoin into hardware wallet.

Hardware Device is more secure and safe comparatively Software Wallets.  
pekcoin01
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April 11, 2018, 04:46:34 AM
 #1305

https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/

There are many ways. The most reliable method is offline wallets. Coin hackers have exploded a lot of sites these days.
Thiekungan
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April 11, 2018, 04:52:02 AM
 #1306

I do not believe in online storage, it's vulnerable to hacker attacks. Use the wallet address to save the coin. I use metamask, free and easy to use. Something free certainly does not provide the maximum protection. Ledger nano and trezor wallet hardware are expensive, but it's worth the security offered.
Dark_raven007
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April 11, 2018, 05:06:42 AM
 #1307

I store on a checked purse with protections. And there are also those who work, multiply in investments, partner projects.
nellakarisma
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April 11, 2018, 05:13:24 AM
 #1308

if i save bitcoin. in the wallet gan. as in the nem wallet and so forth. and I do not keep the assets I have on one wallet because of the danger. if conceded be an asset that I have not lost all. unless the assets for my trading capital are kept in indodax .
Cryppy_guyL
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April 11, 2018, 05:52:09 AM
 #1309

To begin with, I would not buy a single currency for 10 years. Is it dangerous! You can stay with nothing! Well, I keep the currency in the strictest secrecy. I have several wallets. One of them for long storage is the key to which only I know!

campica
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April 11, 2018, 05:56:44 AM
 #1310

I keep my bitcoin on blockchain wallet with all security option ON. I think that blockchain is the safest online wallet for bitcoin, I never heard that someone lose their bitcoin (if he had all security option on). I have some bitcoin on exchange too (small amount), because I need it for daily trading with altcoins.
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