qiwoman2
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Oikos.cash | Decentralized Finance on Tron
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May 07, 2016, 07:17:22 AM |
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I hold my little bits of bitcoins all over the place because holding them in one place doesn't make me feel secure, now I also want to get a bitcoin debit card so one day when I have enough bitcoin I can use it for my day to day living and expenses.
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ajun96
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May 07, 2016, 01:39:22 PM |
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I prefer using online Bitcoin wallets for my easily accessible coins that I need for daily life and a paper wallet for everything else that is not needed urgently and that goes into long-term storage. I haven't decided on buying a hardware wallet yet as I am quite happy with my options at the moment. If I am going abroad and need Bitcoins I will put some on a mobile wallet like Mycelium or BitGo.
The division of balance that is smart enough dude use the online wallet for the activities or transactions that are often made and a paper wallet is possible to store in a considerable period of time. and when you're away from home. you use bitcoin wallet in your cell phone it was great. I want to try like you. now I just use an online wallet yeah pretty simple Lol |
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Herbert2020
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Activity: 1946
Merit: 1137
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May 08, 2016, 06:47:10 AM |
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I hold my little bits of bitcoins all over the place because holding them in one place doesn't make me feel secure, now I also want to get a bitcoin debit card so one day when I have enough bitcoin I can use it for my day to day living and expenses.
this is a good method but also it will cause you a lot of difficulties because you should remember all those wallets, and since you should never use the same password for all of them (because that makes it pointless to keep it with the same password in different places) then you also have to remember multiple passwords. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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secone
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May 08, 2016, 03:20:08 PM |
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For I know I save on blockchain because it make me easier to manage my wallet for everywhere and anytime.
Ofcourse if something happen on blockchain, I'm already back up it's private key on my offline wallet
im use mycellium for my 2nd wallet, backup blockchain privekey and import it in my mycellium wallet, so if blockchain error, im still can acces with mycellium wallet  you say " you can always be hacked" but you use blockchain.info  LOL  so you think blockchain.info is more safe than mycellium on my android phone ? and electrum wallet on my PC ? |
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rapazev
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May 08, 2016, 04:14:02 PM |
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You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
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batang_bitcoin
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May 08, 2016, 04:26:22 PM |
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You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
That is what you called long term investment, if you are going to invest or hold your bitcoin for a long term or years. Then you are targetting to earn higher rather than what you can earn today. Because there is possible thing that bitcoin will increase higher after some few years. So, if you want to try that kind of goal, it is also a good thing to do that. |
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Hellacopter
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May 08, 2016, 06:43:18 PM |
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I use more than wallet to store my bitcoins, for example i use Blockchain wallet , but also some exchange services that offer the wallet service like Coinbase and Xapo, and also using the paper wallet
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Laniakea
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May 08, 2016, 06:45:43 PM |
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I actually remember my 3 most important private keys by heart. That's how I store my wealth, haha.
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blackmachinegun
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May 08, 2016, 11:31:00 PM |
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cold wallet with the private keys hidden in 2 different places
Yeah I would agree that Cold storage is the best way store your bitcoins . A trezor could be worth investing in too. Only store small amounts in an online wallet to avoid the threat of being compromised... I don't think the problem of storing in the online wallet as long as the site was proven reliable and reputable. like blockchain. it looks like this wallet is the most secure online wallet that I know. I even save more than 5 BTC there and so far I have not experienced problems in blockchain |
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btccashacc
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Activity: 1120
Merit: 1000
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May 08, 2016, 11:47:23 PM |
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You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
Managing wallet bitcoin is a important thing, whether for investment, payments and other thing, if you want to alocate your spendable amount or short term investment, online wallet like blockchain,info might be a good choice, for long term investment or high volume i prefer to keep them safe on the ofline wallet |
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secone
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May 09, 2016, 02:35:50 AM |
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You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
Managing wallet bitcoin is a important thing, whether for investment, payments and other thing, if you want to alocate your spendable amount or short term investment, online wallet like blockchain,info might be a good choice, for long term investment or high volume i prefer to keep them safe on the ofline wallet yeah it's true fact, we must manage it. if we want to invest for long term better to use bitcoin QT backup (wallet.dat) or we can use paper wallet. for daily usage i suggest to use 3rd wallet with 0 fee like coinbase or xapo. |
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DOGE12321
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May 09, 2016, 02:44:02 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 use both forms of wallets and store 50% in each. I use Coinbase and a Ledger wallet. I think the Ledger wallet is the best, most convenient and safest of the wallets.  |
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Adrayrd
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May 09, 2016, 01:58:55 PM |
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I used to have an wallet to store them into. But there are several ways to store them. Just look at the right
topic to see some good options. Or just a simply google is enough.
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AsaroUk
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May 09, 2016, 02:37:51 PM |
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I store my BTC in binary code on toilet paper  maybe if you want to make a long-term investment, or if you want to keep bitcoin and you're afraid to want to spend your bitcoin so keep your bitcoin on paper wallet. you certainly can keep for a long time The most people are hoping that the value will be more worth of course but the most are holding their Bitcoin in the online wallet and that is because that is quite nice because it is safe. And also easy to use but that would be nice and we have to promote it more. |
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forthewin
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May 09, 2016, 04:42:34 PM |
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Don't put bitcoins on a website or exchange that you haven't researched. And even if you do, don't put all of it there. You never know who to trust and who will go out of business.
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BeGoods
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Activity: 1372
Merit: 1008
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May 11, 2016, 12:21:24 PM |
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I am just using blockchain for everything, but i don't really store my coins, just holding and waiting for halving. After all i will store it anyway holding bitcoin and waiting halving is good short plan, we know people believe price will be rising during halig, before/after halving, but i think the price can't stable at $500 above, the price can fail to $400 again. People that is using Bitcoin is storing their Bitcoin in their online wallets and that is perfect for the people that is using Bitcoin and also for the wallets. And it is also better than the normal banks that is why also banks hate Bitcoin now because it is becoming more popular. blockchain have a pretty good wallet system although they are a third party. but they do not have access to enter and control over your bitcoin? different from other online wallet blockchain also continue to be popular. many people say that blockchain is the next microsoft |
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Pursuer
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Where is my ring of blades...
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May 11, 2016, 01:43:02 PM |
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I spread my coins between multiple wallets just like what I do with my money.
the most part of it is in the safe place (equivalent to bank for cash), and they are in my cold storage with backups as encrypted paper wallet.
the rest is in online wallet for spending and also some to go in and out of my exchanger in order to make some trades with bitcoin-fiat pair or for trading altcoins.
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Only Bitcoin
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RobinHoodster
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May 11, 2016, 03:37:32 PM |
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The most people are storing there coin at an online wallet and that is because it is really easy to use and that is perfect but you also never know what is going to happen with the value.
But banks are hating Bitcoins because they see that they are now earning not that much because of the online wallets.
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HarryKPeters
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May 11, 2016, 03:44:52 PM |
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I use all kind of wallets to be honest, I use a paper wallet at the most times because its of course very secure compared with other methods.
The other wallet I use is just a simple blockchain wallet for the payments.
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Drakrmaster
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Activity: 112
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May 11, 2016, 05:17:28 PM |
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Hmm never thought of it
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