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Author Topic: Where do you store your bitcoins ?  (Read 13038 times)
Mickeyb
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September 28, 2015, 06:13:21 PM
 #41

I can advise you to store them to some hardware wallet or to the paper wallets. For the hardware wallet I can recommend you a Trezor. I warn you, I might be biased, it's what I use, but I honestly think it's the best.

You should do your research anyways on all of the methods suggested here and decide by using your common sense!
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September 28, 2015, 06:37:56 PM
 #42

Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks



Best is to spend them and then somehow acquire more.
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September 28, 2015, 06:53:43 PM
 #43

electrum wallet on my laptop, previously i used blockchain.info online wallet but they get problem many times and in that situation we can't access our bitcoins so electrum is best for me
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September 28, 2015, 07:06:27 PM
 #44

even though i dont have a lot of bitcoins i store it on a paper wallet, i believe its the safest way of keeping your bitcoins and you can access it at any time

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September 28, 2015, 07:17:19 PM
 #45

I've got not a lot , so all the work on the exchanges !

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September 28, 2015, 07:24:06 PM
 #46

I store them in coinbase but not most of my bitcoins, it know that it is not the best idea to store in this "wallet" or this exchange but it has good feature and i don't need anything extra.
The problem with it is that when the website goes offline or in maintenance i have not access to my funds.
I think that the best way it to use paper wallet or hardware wallet such as trezor and ledger which is in my future plans to buy one of them.
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September 28, 2015, 07:54:00 PM
 #47

Any suggestions on where a person who has already purchased bitcoins through Coinbase / circle should store them? I'm open to any suggestions from members. Thanks



For the easiet storage but safe an accessible at the same time you could use a hardware wallet such as ledger and trezor.. If you want to store long term then creating priv key offline and keeping them safe would be the most secure.

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September 28, 2015, 08:42:32 PM
 #48

I have stored my bitcoins at localbitcoin and blockchain.
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September 28, 2015, 09:19:48 PM
 #49

50% of my coins are in my mobile wallet so that I can use them whenever I need. About 30% in coinbase and 20% in cold wallet- I am using paper wallets and store them in fire proof safety box.
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September 28, 2015, 09:24:12 PM
 #50

50% of my coins are in my mobile wallet so that I can use them whenever I need. About 30% in coinbase and 20% in cold wallet- I am using paper wallets and store them in fire proof safety box.

I don't understand people that are using mobile wallets, we see that how easily is vulnerable android OS.

It can be easily infected by any virus. Only if you left an smartphone offline for the whole time and just to store the bitcoins.
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September 28, 2015, 10:11:33 PM
 #51

Paper wallet.

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September 28, 2015, 10:49:07 PM
 #52

I think that the diversification is the key for everything

I store them in multibit,electrum,paper wallet,online wallet,offline wallet and woodwallet  Tongue
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September 29, 2015, 01:54:35 AM
 #53

blockchain is the best , when it comes to security.well what I do is I put 30% in dogecoin 30% in litecoin and rest in bitcoin so that I can get the advantage of trading dogecoin and litecoin. I don't trade btc/USD as it is getting stable and range bound.
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September 29, 2015, 02:11:52 AM
 #54

Storing and keeping your coins on Multibit and blockchain.info are my way of bitcoin gathering. I rarely spend from multibit, so literally it's almost offline, so I keep them as cold storage. Blockchain coins it synchronizes as lightning I prefer it's my hot wallet. Doing in two different wallet is not a problem for me.
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September 29, 2015, 02:45:34 AM
 #55

50% of my coins are in my mobile wallet so that I can use them whenever I need. About 30% in coinbase and 20% in cold wallet- I am using paper wallets and store them in fire proof safety box.

I don't understand people that are using mobile wallets, we see that how easily is vulnerable android OS.

It can be easily infected by any virus. Only if you left an smartphone offline for the whole time and just to store the bitcoins.

Hmmm... As I don't have much, I am not too worry. By the way I am using CoinPocket in Apple IOS and everything is working well for nearly 2 years with 24/7 internet connection. The private key is in BIP38 and back up is easy.
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September 29, 2015, 03:31:56 AM
Last edit: February 03, 2022, 12:23:13 AM by howelzy
 #56

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September 29, 2015, 03:34:48 AM
 #57

www.Blockchain.info is amazing.  I know a guy with 1000 bitcoins that keeps it all on there and does all his business on one address and has done it for over a year.  I am not saying to do that!!  (no, i won't post the address to get my friend in trouble!)

But to keep all your money on www.blockchain.info with 2-step verification and you're fine until you get 100+ bitcoin at which point you can start to worry about other means.  I've been using for over two years and I just love the service and almost feel bad that it is free as I would happily pay to ensure the service remains. 
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September 29, 2015, 04:33:17 AM
 #58

Storing bitcoin in an offline wallet would be a greater idea regardless of which type of wallet you are using. Because any wallet can be used as cold storage wallet. Use block explorer as your wallet watch. If you are a bitcoin spend, get a password secured wallet with low amount of bitcoin.

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September 29, 2015, 04:49:21 AM
 #59

I only store it on my bitcoin-qt wallet and some external drive backup.

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September 29, 2015, 05:39:56 AM
 #60

I store my bitcoins on an online wallet protected by 2fa. So every time I access my account, I will receive a 6 digit code that I need to enter before I am able to access my account. The only risk that I have is I hope I will not lose my phone like I misplace it or get robbed.
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