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Author Topic: How do you store your bitcoins?  (Read 92194 times)
slavla3
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October 04, 2017, 11:27:48 PM
 #1541

Perhaps this is a bold statement listed here, but I keep all my eggs in one basket, Electrum underneath Linux, I personal the seed, even if I lose my password I can nevertheless recuperate my income with the seed. I will not know how this can be hacked with no anyone realizing the seed or password, so much it has not and I have hopes it will continue to be this way.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Heni23
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October 05, 2017, 02:55:32 AM
 #1542

yes by the way in the store just because I have to where else I have to save bitcoin, because that I know to store the bitcoin in the wallet is not like money can be stored anywhere as long as it is safe ..
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October 05, 2017, 03:28:26 AM
 #1543

 in different kinds of wallet , and also i think hardware wallet is good and more safety
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October 06, 2017, 09:15:00 AM
 #1544

I just have some bitcents and retaining them in my Computer at electrum. If you are storing huge quantities then a lot more protected choices are required although..
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October 06, 2017, 09:22:30 AM
 #1545

I store it in online wallet, a local exchange wallet and in an exchange. I do not have that much bitcoin but in time when I accumulate a valuable amount then I would consider buying a hardware wallet like Ledger Nano S because this would be the safe way to store your coins. I know that an exchange has been hacked before and the advise is to never store your coins in an exchange but what if there are trading opportunities so I don't want to miss that that's why I store some in an exchange.

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Clover_Faith
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October 06, 2017, 09:28:27 AM
 #1546

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

yes, I store my bitcoin though wallet but it is not totally permanent storing for a long time because i must prepare to convert it into money then i save it to the bank for good. Sometimes when we storing it online for a long time the site been hacked of somebody so that we rather convert it fast but not so fast i think slowly.

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October 06, 2017, 01:08:08 PM
 #1547

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I'll store my bitcoin using wallet because i'm just a junior member and i'm just trying to follow what my older friends adviced me, but after earning a bitcoin i'll convert it to fiat so that i can use it for my schooling and also for my daily allowances..
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October 07, 2017, 12:04:44 PM
 #1548

Most folks keep their Bitcoins in a on the web wallets and that is quite very good. But it will of training course also be a lot more employed and that is quite great.But some people are also storing their Bitcoin at their very own Personal computer simply because they dont trust the wallets.
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October 07, 2017, 01:00:47 PM
 #1549

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 bitcoins inside an online wallet, in a local exchange wallet and in an exchange. And as of now, I do not have that much bitcoin but then I am hoping that I will also earn some more bitcoins. I am using a coins.ph wallet. I am trusting that wallet because it is also easy to access and is also safe to use. I really want to hold up my bitcoins to have profits.

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Hach
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October 07, 2017, 01:09:06 PM
 #1550

I'm using online blockchain wallet. It give you android app and you private keys. Now they accept eth and you can swap between btc and eth.

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October 07, 2017, 02:34:49 PM
 #1551

I'm using online blockchain wallet. It give you android app and you private keys. Now they accept eth and you can swap between btc and eth.
Yes, It is an amazing wallet and easy to use also It have a very good security. I use it for a long time, I never had a problem with this web wallet, Also miner fees are very reasonable compared to other wallets, We can store also ETH in this wallet.
I have this application in my phone, and i access to it using my fingerprint.

star19
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October 07, 2017, 02:53:12 PM
 #1552

I'm store my bitcoin with blockchin wallet.
Psalms23
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October 08, 2017, 02:00:48 AM
 #1553

I use a mixture - I have some paper wallets stored in a safe

I have a few bitcoin on my main computer using elctrum wallet

I have .4 ish bitcoins on my Iphone

I have almost a bitcoin on blockchain.info

I figure its good to spread it around (it helps me sleep safer at night)

I think this is actually a very good idea. I would try spreading my bitcoins in different wallets but isn't having multiple wallet hard to manage? For the moment I only have one wallet for bitcoin and 3 for MEW but I  kind of having a mess remembering and checking  which is which especially i I am in a hurry. But anyways Im till new to this, maybe I'll catch on managing like you did after some times.
whoisyourking
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October 08, 2017, 02:21:19 AM
 #1554

I use a mixture - I have some paper wallets stored in a safe

I have a few bitcoin on my main computer using elctrum wallet

I have .4 ish bitcoins on my Iphone

I have almost a bitcoin on blockchain.info

I figure its good to spread it around (it helps me sleep safer at night)

After reading all the comments this answer is kind of helpful in terms of storing your bitcoin safe this is highly suggested to all the user of bitcoin who want their bit coin to be safe and to prevent losses of all your bitcoins in just one time.
rikybrosh
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October 08, 2017, 02:27:58 AM
 #1555

I store mine in 3 wallets online
I am using this https://www.myetherwallet.com/ which will encrypt and give you your private keys
and also another Local wallet for my country which automatically converts it to our national currency
I also prefer wallet for desktops paper and also hardware wallet
the title of thread said that "how do you store your bitcoin" instead of store your ethereum / your other cryptocurrencies perhaps.
almost every wallet provide private key to log in not only my ether wallet mate..

poisonivy77
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October 08, 2017, 02:29:43 AM
 #1556

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

 I do store my bitcoin in a wallet, blockchain for example , putting your bitcoin in a wallet makes your money secure. You could also easily access your btc in case you needed it.

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October 08, 2017, 02:29:49 AM
 #1557

Nowadays there are so many attacks on exchanges and that is the reason i never hold my bitcoin on exchange sites. Best option for me to use hardware wallets like Trezor,Ledger nano etc.


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Blackwhite69
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October 08, 2017, 02:33:52 AM
 #1558

Nowadays there are so many attacks on exchanges and that is the reason i never hold my bitcoin on exchange sites. Best option for me to use hardware wallets like Trezor,Ledger nano etc.

Hardware wallet is an effective way to use, I am very interested in how you store it.
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October 08, 2017, 02:35:36 AM
 #1559

I'm using paper wallet and Electrum wallet. those are the best in my opinion.
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October 08, 2017, 02:36:43 AM
 #1560

I store bitcoins in my coinbase wallet only. I don't have any other wallet. For security I use 2FA in my wallet. SO I feel secured.
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