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Klestar
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April 06, 2018, 06:54:12 AM |
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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 have four different ways I store my Bitcoin and two are a bit stupid. So we will start with stupid, I have some Bitcoin on exchanges for trading, I have a couple of Bitcoin in blockchain.info. My profit from trading goes in a hardware wallet which builds up and when it gets to 10btc it is put on paper wallets, laminated and stored in a safe location. In the near future I am going to have 10-20 stored in private keys hid in tattoos. Of course for a extra safety that will be done in 2 parts, from two different tattooist just to be on the safe side of a photographic memory who knew about private keys. I like the idea of being basically naked and still having access to funds should the need ever come. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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semobo
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April 06, 2018, 07:04:10 AM |
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I am having my bitcoin in the electrum wallet which also considered as one of the best wallet for storing our bitcoins for longer terms.And have coinbase wallet too for storage of small amount of bitcoin to exchange into fiat in case if I need them in an emergency situation.
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always1337
Member
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Activity: 79
Merit: 10
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April 06, 2018, 07:12:11 AM |
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Cold wallet ? Electrum? A little bit complicated when we're using but it's definitely safer than other usual online wallet on the website for sure because you're directly holding the private key, not through anyone else.
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NewBet
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April 06, 2018, 07:18:52 AM |
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I store some of my bitcoins in a hardware wallet with the private keys and passwords written down in a safe place that I know only I can get to and if someone happened to get to it, it is written in a way that only I can understand it and decipher it. Some are being stored in online wallets on the blockchain wallet because I use them regularly so it's easier to keep them there.
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reynilynedago
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April 06, 2018, 07:25:24 AM |
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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 bitcoins in multiple wallets due the security measures you have to take these days, Also got a paper wallet but for low amounts I do not recommend it.For low amounts you do not need such a secured wallet because you will never a target for hackers because they can not get a lot out of you.There are all kind of websites where you can create a online wallet, but be sure to take a trusted website so you will not be target of any hackers. |
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human2021
Member
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Activity: 116
Merit: 10
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April 06, 2018, 11:34:59 AM |
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For me the only safe place for the bitcoins is your own computer, maybe on an encrypted disk drive, and keep it offline as much as possible. Online wallet is not safe, there are so many examples that online wallet get hacked.
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fiend91
Member
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Activity: 182
Merit: 10
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April 06, 2018, 11:42:46 AM |
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Mostly i store bitcoins on online wallets because i feel more secure on storing under their services because im a kind of person that can easily forgot or misplace things so it will be risky for me to store using private keys or in my computer because i may misplace and cant find them anymore
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palermofc
Newbie
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Activity: 196
Merit: 0
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April 06, 2018, 11:43:56 AM |
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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 them in my online web wallets and some of the amounts are in the exchanges. But most secure way is using a hardware wallet. |
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Gondwanaland
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April 06, 2018, 02:19:22 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 through online wallet. I used the coins.ph to store my bitcoin. This wallet is very useful for me because there's a lot of activities that you can do . You can store your bitcoin there and you can cash out your bitcoin anytime you want. You can also pay bills , buy load here using the bitcoin. There's a lot things that can do here. This wallet is also trusted and you're bitcoin is safe here. |
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Josiah Dave Leonor
Jr. Member
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Activity: 97
Merit: 2
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April 06, 2018, 02:25:54 PM |
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I store my bitcoin through online wallet and i feel more secure on storing under their services. Also got a paper wallet but for low amounts I do not recommend it and I have been doing this since the very first time I started with Bitcoin.
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maliha tahir
Newbie
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Activity: 103
Merit: 0
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April 06, 2018, 02:38:17 PM |
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I store my Bitcoin on both on the web and disconnected wallet. For the most part on disconnected wallet however.
I don't generally trust online wallet yet regardless I utilize them to store my Bitcoin
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sulec70
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April 06, 2018, 02:55:03 PM |
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I currently store my bitcoin in blockchain, and I feel safe and comfortable to this day, because I only have a bit of bitcoin and that too often I use for exchange.
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azisdoank
Newbie
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Activity: 171
Merit: 0
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April 06, 2018, 04:05:35 PM |
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well i think I store my bitcoin in a online wallets, it maybe not looking save, but I already worked a lot with it and its pretty save.
Its just that you need more security ways for your wallet and have a trusted websites
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gamechangers
Member
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Activity: 392
Merit: 10
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April 06, 2018, 10:43:28 PM |
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Beware of hackers. I store my bitcoin in a wallet, this is the safest way of course, I also use multiple wallets to be more secured and not be a target of hackers.
If you really want to be more secured, use a paper wallet or a cold storage so you cannot get hacked by someone. Don't loose your coins to hackers.
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chrsjrcj
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April 06, 2018, 11:26:31 PM |
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well bitcoin can be stored both online and off line wallet.you better store the coin in different wallet.you can also store it on a exchange to trade the bitcoin if the price increase.make sure you protect your account with the necessary action life 2 factor authentication.
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Udrujec
Member
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Activity: 308
Merit: 12
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April 06, 2018, 11:49:50 PM |
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I use the type of cold wallet to store my cryptocurrency. I was recommended here in this forum, and I think I made the right choice. And while I never had to doubt his security.
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Victorheywhy
Newbie
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Activity: 252
Merit: 0
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April 07, 2018, 12:25:41 AM |
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I store my bitcoin in Blockchain and in Luno. Those are the two wallets I use in storing my bitcoin. I think other are very safe in storing them.
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Wish 107.5
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April 07, 2018, 12:28:32 AM |
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I store my bitcoin in Blockchain and in Luno. Those are the two wallets I use in storing my bitcoin. I think other are very safe in storing them.
My friend also use blockchain in keeping his Bitcoin. It is different from what I am using. I use cons.ph in storing my bitcoin, it is the first wallet I use and I continue to use it since it is popular to our country. |
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laguseklik
Member
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Activity: 254
Merit: 10
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April 07, 2018, 12:33:12 AM |
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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 it online and market exchange because I think it's safer rather than storing offline on the computer |
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JeromeTash
Legendary
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Activity: 2142
Merit: 1212
Heisenberg
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April 07, 2018, 01:05:51 AM |
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i do store 80 of mine of Mycelium wallet and the rest are in exchanges just incase of any quick trading. am just thinking of importing some good hardware wallet to keep them safe
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