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Author Topic: How do you store your bitcoins?  (Read 92194 times)
Rasel5209
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May 08, 2017, 03:27:08 AM
 #1221

i keep my btc trading site causes regularly i trade for earn. when i store my btc i choice online all wallet. i believe and firstly i can transfer.


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Viviyang
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May 08, 2017, 04:30:09 AM
 #1222

I store my bitcoin in my local computer using electrum.  I use it because it is easy and does not need to download the full blockchain.  It has also an automatic transaction fee adjustment where you can set it according to how fast you want your bitcoin transaction to be confirmed.
I also use the same bitcoin wallet. It is so much user friendly wallet and also doesn't take so much long time to get up and running and also takes so much less disc space as compared to the bitcoin core which takes so much space to download entire blockchain.

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May 08, 2017, 04:39:16 AM
 #1223

I use my old laptop to store my savings in an Electrum Wallet which has never been connected to the internet, so it's pretty safe in my opinion. I haven't tried paper wallets that could save me a lot of time; I'm just worried that it if I lost the paper wallet or something. I also have a hot wallet for my day-to-day transactions.

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DoublerHunter
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May 08, 2017, 06:58:37 AM
 #1224

I use my old laptop to store my savings in an Electrum Wallet which has never been connected to the internet, so it's pretty safe in my opinion. I haven't tried paper wallets that could save me a lot of time; I'm just worried that it if I lost the paper wallet or something. I also have a hot wallet for my day-to-day transactions.
Paper wallets are good to use, in my opinion. I used paper wallet for a few times because my hot wallet online is not that good in security because i received that my password got changed so i get some paper wallets and i can say that it is more comfortable to have a paper wallet rather than having an offline software wallet because you can hold and you secure your paper wallet because it is physical and you will not be worry about having an hardware issue to your laptop. Paper wallets are so convenient for me Roll Eyes.
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May 08, 2017, 02:57:33 PM
 #1225

I use web wallet only. Everything is okay if we active 2fa. I use bitcoin for everything, I'm happy with the existence of the bitcoin because online transactions more quickly and cheaply, in addition I use bitcoin to pay some bills, water, electric and some other bills.
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May 08, 2017, 04:00:33 PM
 #1226

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I always store my bitcoins in my electrum wallet.Its safe.More over,we can set our transaction fees manually.A seed is generated for our password and it can be used to recover our account in future in case of laptop damaged.
Meowth05
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May 08, 2017, 05:08:09 PM
 #1227

I store them in a Bitcoin web wallet i guess it is one of the most recommended to do because it is very useful and easy to uses anywhere in pc or in your phone also have a great security for us so nodoubt it is the best for most of the people or bitcoin holders.

poldanmig
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May 08, 2017, 05:09:05 PM
 #1228

I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.

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mad3
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May 10, 2017, 11:13:55 AM
 #1229

It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently
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May 10, 2017, 05:15:04 PM
 #1230

I use Ledger Wallet. Safe and reliable Lips sealed
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May 10, 2017, 07:54:56 PM
 #1231

I use Ledger Wallet. Safe and reliable Lips sealed
what are your experienced with this wallet? I'm looking to buy this hardware wallet as well so that's why I'm asking. I've heard the user experience is great and it's really easy to set up. Is that true?
batang_bitcoin
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May 10, 2017, 11:25:37 PM
 #1232

It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
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May 10, 2017, 11:27:16 PM
 #1233

Trezor is working well for me. However, the high priority fee will need to be adjusted in future to get around congestion.
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May 11, 2017, 12:18:55 AM
 #1234

I just store bitcoin in the exchanger. Because I think, bitcoin I have is still a little, so I use to trade. And there is a slight advantage from storing it there.
I think saving bitcoin in exchange will be a little risky because of the possibility of a scam from the exchange itself. I think it would be better if you keep it in the wallet even though it's a bit bitcoin
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May 11, 2017, 01:07:28 AM
 #1235

     Well there are many ways to store bitcoins it is just up to you where do you wanna store it, there is an offline wallet were you need to download it and store you bitcoin offline. They say it is the safest because its offline and no one can hack it and you also can put password on it even its offline. The other way is online there are many sites now that stores bitcoin I personally put my bitcoins on this site => https://wallet.btc.com/ and also there is another one which is => coinbase.com. So it is really up to you where do you want to put you bitcoin. I would prefer offline because less risks of hackers.
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May 11, 2017, 01:09:25 AM
 #1236

i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.




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May 11, 2017, 03:04:21 AM
 #1237

It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
Using exchange wallet is more easy to use our fund everywhere, need to use trusted exchange but better not to put all your fund in one exchange, separate your fund so when one website exchange down you still have fund in another exchange, if you have big fund better to use offline wallet because you have access to the private key.

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May 11, 2017, 05:24:55 AM
 #1238

i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.

batang_bitcoin
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May 11, 2017, 05:27:39 AM
 #1239

It is risky but you can certain small amount kept on exchanges.
Why is that good? You can react fast if dump occurs or wait for alts to wake up like Dogecoin recently

Well I admit it that it's very easy to keep your bitcoin on exchanges because if ever I wanted to sell some, I just set it and automatically it will sell. And if ever I want to send someone an amount, there's no hassle for me. It's like an online bank for me but I know it is risky but I really trust the exchange that I'm using.
Using exchange wallet is more easy to use our fund everywhere, need to use trusted exchange but better not to put all your fund in one exchange, separate your fund so when one website exchange down you still have fund in another exchange, if you have big fund better to use offline wallet because you have access to the private key.
Thats why I prefer to go with and an exchange wallet because its very convenient for me in a way that by just simply logging in to  my wallet, I can have an access to my bitcoins immediately. And that is what I really like in storing my bitcoins to an exchange.
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May 11, 2017, 11:02:56 AM
 #1240

i am storing my bitcoins in paper wallet. i think blockchain.info web wallet is not safe. you must move ur coin public internet. you can lost.
For me it's going to be a case to case basis, now that I only have a small amount of bitcoins I just prefer to store it in online excahange or online wallet and I make sure they have a good reputation to safeguard my assets. It came into my mind that if I save it offline and if there is something happen to my computer I might not be able to access it. Maybe I will just reevaluate my way as soon as I have more to safeguard.

I think it is quite risky to store the coins online even if there is small amount.
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