Jeremycoin
Legendary
Offline
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
|
|
March 12, 2017, 07:23:19 AM |
|
I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.
I'm same as you, store in bitcoin wallet in my country. I store in vip.bitcoin. I prefer an online wallet like that because as long as I use no problem, and I think the security is very good. In addition to converting into currency also easy and fast, there are many good features. They also have two branch office that are still in operation, so it makes me more confident to store bitcoin. Well, it's not even an online Bitcoin wallet, it is a trading site that allows you to store your money instead. You can still store your Bitcoin there and it is indeed has a good security system. So it just seems weird if you call that as an 'online wallet' and liken it with coins.ph which literally an 'online wallet'.
|
faucet used to be profitable
|
|
|
Gembul
|
|
March 12, 2017, 07:39:09 AM |
|
I'm same as you, store in bitcoin wallet in my country. I store in vip.bitcoin. I prefer an online wallet like that because as long as I use no problem, and I think the security is very good. In addition to converting into currency also easy and fast, there are many good features. They also have two branch office that are still in operation, so it makes me more confident to store bitcoin.
Well, it's not even an online Bitcoin wallet, it is a trading site that allows you to store your money instead. You can still store your Bitcoin there and it is indeed has a good security system. So it just seems weird if you call that as an 'online wallet' and liken it with coins.ph which literally an 'online wallet'. Hehe, I'm a little concerned about the many people who understand the trading platform as bitcoin wallet. True, they provide a wallet and we can save our bitcoin there. That wallet is not really ours but belongs wholly trading platform that we use. Based on the many threads that I read here I conclude that we should not save bitcoin in large numbers with the long term in a wallet exchanger. Although we know it have a good track record, but based on the experience of some people there. Good exchanger site, could become exchanger site that carries away your money in an instant, my advice is to remain vigilant. hehe
|
|
|
|
cramcram21
Sr. Member
Offline
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
|
|
March 21, 2017, 08:10:12 PM |
|
Well I only use online wallet right now since I am only earning some small amount and converting it to some paper money to spend it, But if I am going to keep it for a long term I think I would try it in some offline wallet for security porpuse.
|
|
|
|
Blackdeath
Sr. Member
Offline
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
March 21, 2017, 11:43:03 PM |
|
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 on both online and offline wallet. Mostly on offline wallet though. I don't really trust online wallet but I still use them to store my Bitcoin. I store my bitcoin on online wallet, even though it's risky. But I didn't put all of my money in just one wallet but rather 3 wallet such as blockchain, coinbase and the wallet from our country which is coins.ph. I store my bitcoin in different wallet so that, even if one of these wallet does not work properly I have my other wallet to store bitcoin.
|
|
|
|
aardvark15
|
|
March 21, 2017, 11:46:24 PM |
|
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 on both online and offline wallet. Mostly on offline wallet though. I don't really trust online wallet but I still use them to store my Bitcoin. I store my bitcoin on online wallet, even though it's risky. But I didn't put all of my money in just one wallet but rather 3 wallet such as blockchain, coinbase and the wallet from our country which is coins.ph. I store my bitcoin in different wallet so that, even if one of these wallet does not work properly I have my other wallet to store bitcoin. I store some Bitcoins on an offline wallet but I also trade on an exchange. I obviously have to hold some Bitcoins on the exchange and I know it's risky, but if I want to do trading, I don't have much of a choice.
|
|
|
|
Wintersoldier
|
|
March 22, 2017, 12:32:17 AM |
|
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 on both online and offline wallet. Mostly on offline wallet though. I don't really trust online wallet but I still use them to store my Bitcoin. I store my bitcoin on online wallet, even though it's risky. But I didn't put all of my money in just one wallet but rather 3 wallet such as blockchain, coinbase and the wallet from our country which is coins.ph. I store my bitcoin in different wallet so that, even if one of these wallet does not work properly I have my other wallet to store bitcoin. I store some Bitcoins on an offline wallet but I also trade on an exchange. I obviously have to hold some Bitcoins on the exchange and I know it's risky, but if I want to do trading, I don't have much of a choice. Storing you bitcoins online is actually safe enough to protect your private key. You don't have to save your bitcoins offline through using hardware wallet since you can ensure that online wallet is safe enough. Additionally, saving a private key if your wallet gives more complicated in using your bitcoin which would certainly causes you inconvince in terms of emergency.
|
|
|
|
citywise2
|
|
March 22, 2017, 01:57:25 AM |
|
Yeah bitcoin is mainly to be kept or saved in bitcoin wallet in your computer. Or it maybe changed to once local currency and it can be saved in the bank. But i think it is better for it to be saved in btc wallet.
|
|
|
|
carriebee
|
|
March 22, 2017, 02:22:10 AM |
|
I used blockchain and coins.ph, these are the applications I used to store my bitcoins. These gives me easy of access and secured funds. So far I didnt encountered any troubles by using these wallet. I recommend also to used 2fa goodle authenticator for better secured wallet.
|
|
|
|
GAFSD
Newbie
Offline
Activity: 13
Merit: 0
|
|
March 28, 2017, 04:01:18 PM |
|
So mostly everyone think that the most secure way to store the Bitcoin(s) are using a paper wallet? yes they are secure, it is getting more reliable if you are using the multisig approach
|
|
|
|
suryana
Sr. Member
Offline
Activity: 1218
Merit: 254
Trphy.io
|
|
March 28, 2017, 04:23:59 PM |
|
So mostly everyone think that the most secure way to store the Bitcoin(s) are using a paper wallet? yes they are secure, it is getting more reliable if you are using the multisig approach
I store my bitcoin on bitcoin wallet qt on my computer. and small amount stored in exchanger for trade with altcoin.
|
|
|
|
cryp24x
|
|
March 28, 2017, 04:33:39 PM |
|
I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.
I am from PH too but rather than storing my Bitcoin at coins.ph, I have myself set up a lightweight wallet to at least give myself a control over the private key of my Bitcoin. There is no doubt about the reputation of Coins.ph since it had been the major third party exchange of Bitcoin to fiat currency in our country, but i can still say it is best to have your bitcoin in your controlled address.
|
|
|
|
exadex.org
|
|
March 28, 2017, 04:49:22 PM |
|
I'm using the Bitcoin Core client as full node and Bitcoin storage. If you run regular backups this is pretty safe.
|
|
|
|
DarkIT
|
|
March 28, 2017, 06:09:11 PM |
|
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 on both online and offline wallet. Mostly on offline wallet though. I don't really trust online wallet but I still use them to store my Bitcoin. you're just like me. I also do not believe the online wallet. sometimes I just keep my bitcoin in a long time, but sometimes I also always exchange it. Well, spend BTC by way of exchanging it probably would be better, rather than use it for fun.
|
|
|
|
cryptoblazter
|
|
March 28, 2017, 08:14:40 PM |
|
Hello everyone as the title says ^ Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I stored my bitcoin in bitcoin core, xapo, blockchain, electrum, and mycelium those are my wallets that I commonly used. I scattered it so that I have wallets where I can keep all my bitcoin in different places.
|
|
|
|
no0dlepunk
|
|
March 28, 2017, 08:20:42 PM |
|
Papers are always the best storage... place it in a dictionary and wait long term. I have papers and nano leger... both of them are handy
|
|
|
|
uneng
|
|
March 28, 2017, 08:23:52 PM |
|
Hello everyone as the title says ^ Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I stored my bitcoin in bitcoin core, xapo, blockchain, electrum, and mycelium those are my wallets that I commonly used. I scattered it so that I have wallets where I can keep all my bitcoin in different places. I use online storage services also. To prevent possible losses I do the same you do. I store my bitcoins in different places, some amount on each place, if I lose bitcoins from a place I have all other bitcoins stored separately. It's much better than store in one place only.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Rinder
|
|
March 28, 2017, 10:59:35 PM |
|
I had a bad experience over electrum since i lost some bitcoin over it because i forgot to save the keys to unlock the wallet, and the lucky i had is i were starting to use those for a while soo it were tinny ammount, my computer burned and took my coins to graveyard with it. Nowadays i do let my coins at blockchain, even knowing isnt the most safe place to store them, atleast if my computer burn or get steal i will have the bitcoin safe, since the keys are stored in my mind.
|
|
|
|
citywise2
|
|
March 28, 2017, 11:57:04 PM |
|
First you must register with one of the bitcoin wallet to give ypu opportunity to have bitcoin saved in perfect place. Without bitcoin wallet it will not save because one can not store in the banks. But it may be saved through the banks by exchanged to once given local currency.
|
|
|
|
justdimin
|
|
March 29, 2017, 06:33:38 AM |
|
I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.
I am from PH too but rather than storing my Bitcoin at coins.ph, I have myself set up a lightweight wallet to at least give myself a control over the private key of my Bitcoin. There is no doubt about the reputation of Coins.ph since it had been the major third party exchange of Bitcoin to fiat currency in our country, but i can still say it is best to have your bitcoin in your controlled address. I personally think that the desktop lightwell are a bit scary considering that you keep your private key on your personal pc which is connected to the internet and can get infested with malwares and key logs which could potentially threaten your key and your coins, so unless you have a clean system all the time and keep a backup, then you are better off putting coins in different online wallets where they have secure dedicated servers.
|
|
|
|
igorokavg13
|
|
April 02, 2017, 08:46:51 PM |
|
First you must register with one of the bitcoin wallet to give ypu opportunity to have bitcoin saved in perfect place. Without bitcoin wallet it will not save because one can not store in the banks. But it may be saved through the banks by exchanged to once given local currency.
Some banks do not accept bitcoins for exchange and storage. It all depends on how the government treats the crypto currency. I store my bitcoins in a web wallet
|
|
|
|
|