What is the best way to store your bitcoins?

[Risktaker31]

In my opinion it is safest to store your bitcoins on your hardware wallet than online just make sure that you got your own private keys. And another one safe to store bitcoin is paper wallet you can find one on the internet.

[JL421]

i use coinbase. I would suggest you to use that because it is in usa and is regulated. They also have a exchange so you can trust it completely it also is going to credit all the forks which are going to occur in bitcoin. The fees is also really less

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

For the best security, you require cold storage. Cold storage in the blockchain realm simply means a device that is disconnected from the Internet. This is the toughest security measure possible to safeguard any crypto-investment from the prying interests of hackers.

[Fen1X]

Paper wallets are the most secure, if left unused that is.
It is also very cheap, but you would have to secure the paper (against fire, etc...).
Their biggest disadvantage is that they are quite clumsy to use AFAIK.
So if you happen to have a stash of bitcoin you know you wont touch before long, a paper wallet might be a good option.

But if you still want your bitcoins to be somewhat accessible for spending, a hardware wallet seems a better option IMHO.
I prefer a hardware wallet as a middle ground between security and ease of use.

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

So, the first and foremost rule never keep all your bitcoins in your one pocket, DISTRIBUTE THEM among different wallets.

[poletando]

a hardware wallet is the best choices if you want the secure one to save bitcoin, but from my experience i save my bitcoin in online wallet like blockchain and local exchanger in my country is safe, you need to know that dont give your private key or password from your account to anyone, if you give it its same that you give all youor btc to them

[cheehong714]

Hey guys, I wanna ask what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

[coinjack1337]

A Hardware wallet like a Ledger Nano S for example, should suit as the best Option.
Personally, I don't use one but store my coins on exchanges - since there are so many wallets at once.

[Ionico]

I use a hardware wallet. I also store the the seed words in a seperate location. This way if the physical wallet is lost/stolen/destroyed  I can back it up, and if the seed words are lost I can still have access to my funds and protect them.

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

Avoid keeping bitcoins in exchanges as they are more prone to cyber attack, put them in wallets.Different exchanges/wallets are CEX.IO , Coinbase , Coinmama , Whaleclub , Lake BTC , Bitit , VirWox , HitBTC, Changelly.

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

If your amount is small and you are interested in Trading keep it in premium Hot Wallets (Online Wallets) like Coinbase , Blockchain , Xapo

[yoseph]

i use coinbase. I would suggest you to use that because it is in usa and is regulated. They also have a exchange so you can trust it completely it also is going to credit all the forks which are going to occur in bitcoin. The fees is also really less

I hear a lot of talk about coinbase and i want to know if people from outside the USA can use it as well because i can see that there is a lot of verification when it comes to them and i don't think with me being outside the USA, i can successfully pass them at all.

[sydcrypt]

hardware wallet.. and best among that is ledger nano s

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

You can keep your bitcoins on Windows / Android based software such as Copay, Mycelium Wallet etc.

[rashmishetty344]

Storing your BTC on an exchange is the common way most traders save their coins. But is it the best method? Cold storage to me look expensive, since it is costive to purchase hardware.

If you have more bitcoins and want to keep it ultrasafe then go for Hardware wallets like TREZOR . or the cheapest Ledger Wallet.

[katrimans]

I think the best way is to hold it in your bitcoin wallet and make at least a monitoring of exchange rate in buying and selling. Just holding the bitcoin can have a higher returns if it sell in a higher price.

The best to store my bitcoin is blockchain wallet because I do not trust any other wallet due to the security and authentication. For me only blockchain is trustable and reliable. Keep your bitocins in blockchain wallet and swait for some time and do not use or spend them if you do not need and when the price go up more then you can use or sell your bitcoin using your blockchain wallet.

For me the best way to store my bitcoins is blockchain wallet, because it is the most reliable, secure and authentic wallet for my bitcoins. The transaction is also easy and the use from blockchain wallet is also comfortable. I will suggest to all the people to use blockchainbitcoin wallet for holding and storing their bitcoins. No other wallet is so secure and reliable like blockchain.