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justspare
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February 05, 2016, 09:34:00 PM |
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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 Well if someone ever did steal my phone, then they would need my fingerprint to get into it, in the first place. |
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zeaderza
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February 05, 2016, 10:12:30 PM |
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I store my bitcoins in my pc wallet (multibit) and in my android phone (blockchain app).
I have a backup for all my wallets.
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ajun96
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February 06, 2016, 12:51:20 AM |
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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.
lol it is very risky to save a lot of your bitcoin in exchange, they could have gone deceptive, like what was done with mt GOX so it's better not to use a third party to save your bitcoin |
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holydarkness
Legendary
 Offline
Activity: 2576
Merit: 1438
Yes, I'm an asshole
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February 06, 2016, 04:47:14 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.
lol it is very risky to save a lot of your bitcoin in exchange, they could have gone deceptive, like what was done with mt GOX so it's better not to use a third party to save your bitcoin Its what on my mind these days, I planned to safely store some btc on my wallet and use some on exchanger. Lets say i have 1 btc, then i'll put 0.5 on wallet and 0.5 on exchanger. I know its a safe way, but would it be better if I store all 1btc on the exchanger and use all of it to trade instead of let 0.5 sitting idly? |
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busybee7
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February 06, 2016, 04:57:37 PM |
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i usually store my bitcoins in a cold storage such as hardware wallet or paper wallet
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fnbusiness
Newbie
Offline
Activity: 14
Merit: 0
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February 06, 2016, 06:46:39 PM |
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I always store my bitcoins in my computer with Bitcoin Core software.
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zalucia
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February 06, 2016, 11:07:49 PM |
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I always store my bitcoins in my computer with Bitcoin Core software.
Does it mean your computer is very secure? If you have bitcoin Core software in your computer, it means it is connected to internet. |
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angaper
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February 06, 2016, 11:19:22 PM |
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I have been excessively overconfident, but looking at the possibility of increasing my bitcoin amount, perhaps it could be a good time to look for a reliable way to store my bitcoins. I am thinking about some cold storage, but I don't know how reliable is my current e-wallet (xapo).
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scox
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February 06, 2016, 11:23:35 PM |
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I personally enjoy my bitcoin Trezor and use it to store about 10btc, the rest is stored offline in paper wallets. Also have some in my phone as well.
Thing is to keep small amounts in many places to reduce chances of anything to happen, at least to a consistent part of your capital.
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BitMaxz
Legendary
Offline
Activity: 3304
Merit: 3038
BTC price road to $80k
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February 06, 2016, 11:32:12 PM |
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For me its safe to store your coins in blockchain and put some 2 factor authentication in login to prevent hackers tpo login in your account.
You can also try some offline storage if you want your coins in long term..
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betohell
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February 07, 2016, 12:12:36 AM |
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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.
LOL What kind of stupid people who use the exchange as the main wallet ? |
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Rizky Aditya
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February 07, 2016, 12:27:58 AM |
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I use an online wallet just for daily transactions like gambling and that sort of stuff. I use a hardware wallet as my cold wallet.
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ajun96
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February 07, 2016, 01:30:52 AM |
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For me its safe to store your coins in blockchain and put some 2 factor authentication in login to prevent hackers tpo login in your account.
You can also try some offline storage if you want your coins in long term..
yeah with authentication in blockchain it was very safe. myself using sms authy so hacker cannot login in my wallet. because need code from my phone, its very safe than other |
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Monnt
Legendary
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Activity: 938
Merit: 1002
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February 07, 2016, 04:39:11 AM |
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I store it in a Ledger HW.1, which is basically a Trezor with a laptop as a screen. It's super-cheap, at only $15. I'd totally recommend it.
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fuathan
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February 07, 2016, 04:40:42 AM |
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I think best one is an e-wallet with 2fa and cold storage (which protects with reputable insurance company)...
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pooya87
Legendary
Offline
Activity: 3500
Merit: 10703
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February 07, 2016, 04:59:59 AM |
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i am very interested in Multisignature Wallets these days. they sound awesome. you create a wallet which will require two sets of separate signatures in order to spend the bitcoin, then you keep the two wallets (two signatures) on two different machines. they can be both offline too. then the chance of both of them getting infected is reduced dramatically.
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gilangIDR
Legendary
Offline
Activity: 1526
Merit: 1001
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February 07, 2016, 05:10:02 AM |
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I use an online wallet just for daily transactions like gambling and that sort of stuff. I use a hardware wallet as my cold wallet.
yes it is very effective. bitcoin very safe to store on your own computer. it is very safe for most online wallet right now is not very secure. |
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Farma
Legendary
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Activity: 2590
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
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February 07, 2016, 05:19:47 AM |
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lately I never use bitcoin I get, I just put it in two different wallets, one in blockchain and the other in c-CEX, I hope it will always be safe  |
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Zaragota95
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February 07, 2016, 06:06:51 AM |
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I'm using an online wallet because it's more convenient in small and fast transactions, If I have some for cold storage though I think an offline wallet or paper wallet would be a decent choice.
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Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2338
Merit: 1179
While my guitar gently weeps!!!
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February 07, 2016, 06:20:28 AM |
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I'm using an online wallet because it's more convenient in small and fast transactions, If I have some for cold storage though I think an offline wallet or paper wallet would be a decent choice.
Yeah I put my coins too on both...and My coins in my online wallet is always converted into fiat, |
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