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Author Topic: How do you store your bitcoins?  (Read 92194 times)
Barbarian
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December 19, 2017, 04:11:49 AM
 #1921

I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.
Bad idea my friend that option is very practical but you only need that the exchange closes its doors, turns into a scam, gets seized by the government or that they close your account and then you are going to lose all your coins in the blink of an eye and you will never get them back.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 20, 2017, 02:52:48 PM
 #1922

I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.
Bad idea my friend that option is very practical but you only need that the exchange closes its doors, turns into a scam, gets seized by the government or that they close your account and then you are going to lose all your coins in the blink of an eye and you will never get them back.

Completely agreed, using hot wallets always has risks
Its better to use hardware wallet
Papaer wakket might be a solution too, if you can keep the papaer safe
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December 20, 2017, 02:59:14 PM
 #1923

I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.
Bad idea my friend that option is very practical but you only need that the exchange closes its doors, turns into a scam, gets seized by the government or that they close your account and then you are going to lose all your coins in the blink of an eye and you will never get them back.
Putting bitcoin in exchange is convenient specially when you are a trader but then its not safe to put it there at all because exchange site can do whatever they want if they want to trick people. Its better to put bitcoin in exchange if you are going to trade after the trade withdraw it right away to be safe.

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December 20, 2017, 03:08:58 PM
 #1924

depending on the circumstances, when I need my selling, when the price goes down I hold or buy again, and when it reaches the highest price I sell again for profit

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December 20, 2017, 03:25:14 PM
 #1925

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 wallet from hard walet which it can easily send and check my coins which the best store the wallets sometimes i just stock them at trading sites and investment sites i truly manage everything about it i believed that once you use it you will loved it don’t freeze your wallet online. Lol
DrYe5
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December 20, 2017, 03:29:21 PM
 #1926

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 on my online wallet. I recommend this method because it is very efficient and 100% safe. I have never been disappointed in it yet and I hope that it will continue to function so well.
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December 20, 2017, 11:42:58 PM
 #1927

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 on my online wallet. I recommend this method because it is very efficient and 100% safe. I have never been disappointed in it yet and I hope that it will continue to function so well.

I really think that the best way to keep and store bitcoins safely is through bitcoin online wallets. Just make sure that no one ever knows your wallet privacy and security details and keep it to yourself alone. Also, it is better if you make sure that no one touches your phone or the device you are using to monitor your wallet.

 
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spinach98
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December 21, 2017, 12:11:37 AM
 #1928

I store my bitcoin in my btc wallet.In my country which is the philippines the most trusted and safe bitcoin wallet is coins.ph.This wallet is the most recommend to most of the people because you can assure that your bitcoin will be 100% safe and also you can pay your bills in electricity bill,water bill,cellphone plan and etc.Less hassle also you can get rebate in every payment you will made.Also you can convert,send and receive you bitcoin easily with coins.ph.
HeroicZ1
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December 21, 2017, 12:12:36 AM
 #1929

Using online wallets for now as my BTC isn't that much. Eventually will move to hardware wallets to keep them safe.
ZenRoy
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December 21, 2017, 12:14:14 AM
 #1930

Using online wallets for now as my BTC isn't that much. Eventually will move to hardware wallets to keep them safe.

Me too. I don't really trust my coins in online wallets I see news that they frequently get hacked or 'encounter a technical issue'.
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December 21, 2017, 12:15:51 AM
 #1931

I totally agree. But instead of purchasing hardware wallets, I just spread out my coins in different online wallets. Just make sure to remember the keys and write them down somewhere safe lol.
Blackwhite69
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December 21, 2017, 12:19:37 AM
 #1932

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 on my online wallet. I recommend this method because it is very efficient and 100% safe. I have never been disappointed in it yet and I hope that it will continue to function so well.

The same thing I do because I store my coins in my online wallet and there is a part of the offline wallet as well.
partsofgarble
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December 21, 2017, 12:21:19 AM
 #1933

Blockchain wallet, never actually understood the utility of hardware wallets besides yourself holding ytou actual coins
ZenRoy
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December 21, 2017, 12:21:58 AM
 #1934

hardware wallets are safe, but are too damn expensive for me. I currently use online wallets on my phone as well.
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December 21, 2017, 12:23:30 AM
 #1935

hardware wallets are safe, but are too damn expensive for me. I currently use online wallets on my phone as well.

I don't really mind how expensive hardware wallets are, as long as the value of the coins stored in them are substantially higher. Else, not worth it.
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December 21, 2017, 12:26:31 AM
 #1936

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Well, I store my bitcoin in an online wallet but I'm planning to buy the offline wallet since it is the safest way to store the bitcoins.

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December 21, 2017, 12:29:13 AM
 #1937

Using online wallets for now as my BTC isn't that much. Eventually will move to hardware wallets to keep them safe.
Yes online wallets will do to store your Bitcoin and keep it safe. In my case, I store my Bitcoins through my online wallet, coins.ph. It is user-friendly and your coins will be safe especially when you do all the verification to make it secure.

umbara ardian
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December 21, 2017, 12:31:27 AM
 #1938

save bitcoin can not be arbitrary. of course I have to store bitcoin in the computer and look for a very high level of security.

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December 21, 2017, 12:32:22 AM
 #1939

paper wallet and digital wallet
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December 21, 2017, 12:52:47 AM
 #1940

Using online wallets for now as my BTC isn't that much. Eventually will move to hardware wallets to keep them safe.
Yes online wallets will do to store your Bitcoin and keep it safe. In my case, I store my Bitcoins through my online wallet, coins.ph. It is user-friendly and your coins will be safe especially when you do all the verification to make it secure.


Obviously, there is no bank yet that accepts bitcoins to save so the safest and most convenient way to store bitcoin is right on your pocket, using the online wallets surely available on your phones. Of course, always make sure that the site for online wallet is free from scammers and hacker safe.


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