Best or safest way to store coins?

[XinXan]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

[1714824939]

1714824939

[JLynn171]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....

[XinXan]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....

Done some research on that:

Proper paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes. However, it may be more difficult to securely "backup" paper wallets, and due to the current sub-optimal software support, it may be easier to make a mistake that causes loss of bitcoins.

What do they mean by "a mistake can cause loss of bitcoins" as i said im not into technical details about bitcoins so i need you to explain pretty much everything XD

[spazzdla]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....

Done some research on that:

Proper paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes. However, it may be more difficult to securely "backup" paper wallets, and due to the current sub-optimal software support, it may be easier to make a mistake that causes loss of bitcoins.

What do they mean by "a mistake can cause loss of bitcoins" as i said im not into technical details about bitcoins so i need you to explain pretty much everything XD

It prints the private key out.  If you lose it GG you're never getting them back ever.

bitaddress.org  go there, try it out.  Run it on an offline computer for your actual wallets though.  I used that an encryped them too then gave them out to all my friends..

Backups
Backups
Backups
Backups
Backups.

I CANNOT STRESS ENOUGH BACKUPS.. When people tell me they have their +20k worth of BTC on only TWO USB's.. I ask them if they like to just throw wealth away because that is what they are doing.

[fcuk]

Get a liteclient and write the seed down. Then make many back ups of you wallet and keep the wallet.dat files offline on a usb stick and a cd-r etc. You're doubly protected then. Just make sure your computer is safe when it comes to spending them.

[Jeremycoin]

There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalk.org/index.php?topic=17240.0

[MicroGuy]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

Here's one way:

1. Create a paper wallet.
2. Send bitcoins to new wallet.
3. Seal wallet inside PVC pipe with rice filling.
4. Bury pipe in backyard.

[XinXan]

There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalk.org/index.php?topic=17240.0

That was a nice read but i still have some questions, for instance how to exactly install a bitcoin client on a cd? Doesnt it weight like a few gigabytes? And what does he mean with OS? Operating system? So do i have to install another operating system in another computer while offline and then install the bitcoin client on the cd? Its pretty confusing for me

[MicroGuy]

There is actually so many threads asking about this question, but this one is recommended one
https://bitcointalk.org/index.php?topic=17240.0

That was a nice read but i still have some questions, for instance how to exactly install a bitcoin client on a cd? Doesnt it weight like a few gigabytes? And what does he mean with OS? Operating system? So do i have to install another operating system in another computer while offline and then install the bitcoin client on the cd? Its pretty confusing for me

You don't need the entire client, just the wallet.dat file. Stick it on a flash drive and put it under your mattress.

Note: Tiny flash drives can also be swallowed if moving from country to country.  

[bitllionaire]

It depends on if you want to use them and store them safely or if you only want to store them safely (cold wallet)

If you want to use a trezor is a really good option and easy
If you want to store them a paper wallet is the best option

[RitzBitzz]

Encrypt everything and have the password backed up somewhere safe.

[cryptworld]

If you have a high amoutn of bitcoins you should buy a trezor, it is not difficult to use at it is highly secure

[Amph]

brain wallet is the best, if you can remember your entire private key, no one could steal your precious bitcoin anymore

you just need some practice to memorize it

[WhatTheGox]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

Best thing to do is split the risk and store your coins in many different ways.... especially if you are unsure what is safest.

[XinXan]

It depends on if you want to use them and store them safely or if you only want to store them safely (cold wallet)

If you want to use a trezor is a really good option and easy
If you want to store them a paper wallet is the best option

Well i would like to store them safely but also be able to access them somewhat easily, something that doesnt involve installing a brand new os, i dont have that many bitcoins so i dont need something too complex

[LFC_Bitcoin]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

Here's one way:

1. Create a paper wallet.
2. Send bitcoins to new wallet.
3. Seal wallet inside PVC pipe with rice filling.
4. Bury pipe in backyard.

 
That's awesome man!
I personally have just printed 2 copies of each paper wallet, each paper wallet has 5 BTC in it.
One copy of each paper wallet is in a safe in my house.
The other copies are under the spare tyre in my car.
I also have some coins on Bitcoin QT & some on a hot wallet.
I feel I'm very unlikely to have an awful car crash that sets my car on fire & a house fire at the same time.
All paper wallets are encrypted with passwords I won't forget.

[cryptworld]

It depends on if you want to use them and store them safely or if you only want to store them safely (cold wallet)

If you want to use a trezor is a really good option and easy
If you want to store them a paper wallet is the best option

Well i would like to store them safely but also be able to access them somewhat easily, something that doesnt involve installing a brand new os, i dont have that many bitcoins so i dont need something too complex

so,you should use a trezor
https://www.bitcointrezor.com/

or a ledger

https://www.ledgerwallet.com/

[JLynn171]

Im not really into technical information and knowledge about bitcoins so i need some help, what is the safest way to store your bitcoins? I didnt have much until now so it wasnt really a big problem but now im starting to get worried.

make offline paper wallets send you coin there divided into wallets with no more than 1-2BTC in each....

Done some research on that:

Proper paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes. However, it may be more difficult to securely "backup" paper wallets, and due to the current sub-optimal software support, it may be easier to make a mistake that causes loss of bitcoins.

What do they mean by "a mistake can cause loss of bitcoins" as i said im not into technical details about bitcoins so i need you to explain pretty much everything XD

I once lost a phone that had a bitcoin wallet on it with no backup... lost the phone lost the bitcoin... anything like that can happen backups are best

[Hazir]

I think that normal Bitcoin Core wallet is sufficient to store your bitcoin as long as you are conscious person with a brain and know what you are doing.
With proper antivirus and firewall you should be fine as long as you are not owner of crazy amount of bitcoins... Then you probably need a more secure wallet.

[RappelzReborn]

I don't think remembering your whole Private key is that possible even if it is .. you should be able to memorize it for long long time .
If you can't do then , then simply make a paper wallet , send your Bitcoins to that adress and hide that paper . and .. welll it's that simple