phaello
Newbie
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Activity: 1
Merit: 0
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February 05, 2016, 08:16:11 AM |
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Well being new in the bitcoin business, I store them online with the fear of having them on my device which can crash anytime.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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D3ViL
Member
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Activity: 98
Merit: 10
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February 05, 2016, 08:17:47 AM |
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I like to keep my coins in my computer with a good encryption .
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n691309
Legendary
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Activity: 1526
Merit: 1001
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February 05, 2016, 08:20:15 AM |
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Just do not keep all eggs in one basket This is a good advice, thank you, I'm already storing in many web/hardware wallet, i consider one as hot wallet and the other as cold wallet.
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shorena
Copper Member
Legendary
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Activity: 1498
Merit: 1499
No I dont escrow anymore.
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February 05, 2016, 08:26:34 AM |
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Well being new in the bitcoin business, I store them online with the fear of having them on my device which can crash anytime.
Make a backup, start to get afraid of goxing. If you store coins online chances are high you dont actually own them, but just have a promise from a stranger.
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Im not really here, its just your imagination.
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Pattart
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February 05, 2016, 08:31:20 AM |
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I do store my coins into a paper wallet and the only way to manage that wallet is my android phone. And i know no one is trying to steel my coins
it is possible that if someone steals your phone and instantly take your coins. and I think the paper wallet is not suitable for daily transactions, very complicated
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EXtremeAEX
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February 05, 2016, 09:31:15 AM |
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Even though I feel that security is more important than convenience, I still find myself sticking to convenience more. I use an online wallet provider, easy and fast to use. Does anyone use an offline wallet for storing purposes, and do anyone suggest using that? I place my trust in the online wallet provider, so I hope nothing goes wrong. :/ I do not own more than a bitcoin, so I guess it is still 'safe'..
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phreaky
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February 05, 2016, 09:50:01 AM |
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I store my bitcoins in wallets, so it can not be stolen at once. I think its the best option you can take to use more wallets than one.
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txbtc
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February 05, 2016, 10:25:38 AM |
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When I see the amount is big I try to keep the in a offline wallet, when I see the amount may be needed for quick spendings then I choose online wallets like blockchain, etc.
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TTMNewsMJ
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February 05, 2016, 10:32:00 AM |
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I store all my bitcoins in paper wallets.
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LuckyYOU
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February 05, 2016, 10:34:06 AM |
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I store my bitcoins on a wallet. I have multiple wallets for the security of my own. I don't want to lose everything at once.
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ctlaltdefeat
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February 05, 2016, 12:39:05 PM |
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Hello everyone as the title says ^ Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
i store my bitcoin on online wallet,i think its more simple,but i dont know how about the security aspect,i just store little amount of bitcoin,so far is really safe,but i will considering to use cold storage if i have big amount of bitcoin.
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Pollak
Full Member
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Activity: 182
Merit: 100
Pollak
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February 05, 2016, 02:44:07 PM |
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I keep my Bitcoins on my own PC. I do that because I think it is in fact the safest. I think it is not as reliable as I do it online. That I trust not so much clear.
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tn211
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February 05, 2016, 02:45:54 PM |
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I store my bitcoins at a wallet its the best option. I think we all need multiple wallets for the security its the best way.
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~Bitcoin~
Legendary
Offline
Activity: 994
Merit: 1000
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February 05, 2016, 02:50:02 PM |
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I save almost all of my large sum of coin in paper wallet address but the recent upgrade on blockchain wallet have cut that service so i have to store all of coin in hot wallet trusting them.
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| ligma | | | | ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ ███ | | ███ ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ | | |
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Raimonn
Legendary
Online
Activity: 1456
Merit: 1001
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February 05, 2016, 03:00:52 PM |
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I save almost all of my large sum of coin in paper wallet address but the recent upgrade on blockchain wallet have cut that service so i have to store all of coin in hot wallet trusting them. Use more than one wallet, and if you have a large sum of bitcoins its better that you save them on a cold wallet, don't trust on others security. Blockchain.info wallets had been hacked before.
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LarryHocks
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February 05, 2016, 03:14:03 PM |
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I store my bitcoins on wallets its the best way to secure them. You just need to use multiple wallets that's the trick.
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Aamir1
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February 05, 2016, 03:33:20 PM |
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im recently storing my bitcoins in web wallets like blockchain.info etc, but i have downloaded electrum and bitcoin core and soon i will store my coins in all those wallets (0fcourse only if i have much).
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tbterryboy
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February 05, 2016, 08:41:32 PM |
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Well,there are many ways in which we can safeguard our bitcoins.I feel it's advisable for any one to have online wallets such as blockchain and coinbase accounts in case of not that larger amounts. But using paper wallet is safe for larger amounts, anyway.
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tn211
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February 05, 2016, 09:29:26 PM |
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Most of them are online on an exchanged and used for trading. The coins that are not used are safely in my wallet.
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justspare
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February 05, 2016, 09:32:30 PM |
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I store most of my Bitcoin in my trezor wallet, and then I also keep some in my coinbase wallet.
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