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orpel
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May 16, 2017, 05:57:11 PM |
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I prefer online even though it has it risks.
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GetClams.com
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May 16, 2017, 07:13:06 PM |
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Exchanges and wallets are more and more regulated and the government tries to get info from them. The day may come where the gov seizes and exchange and freezes transactions (sort of like China now only worse.) . Never give somebody else control over your assets.
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ilovefeetsmell
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May 16, 2017, 07:23:38 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 already stored it on my online wallet. I will save it then when the price reach the amount that I expected, I will convert it into fiat cash. One advantage of online wallets is that you can access them from anywhere, nevertheless of which and what device you are using. There are also disadvantages using online wallet, it will taking your bitcoins out of your control. |
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whizter
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May 16, 2017, 08:06:28 PM |
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I keep my btc exchange wallet. easily I can transfer my btc and alt coin. other I can trade and earn.
so I like exchange wallet for keep btc.
exchange and offline wallets are good for monitoring payments and transactions. It can be useful anytime. One day, when exchange wallets turn into a scammer, dont cry or even regret because you have made a wrong decision from the beginning and you can not blame anyone for your mistake. Our money is our money and we have to keep them in our own hand, not by any third party wallet i personally using blockchain and yobit wallet, but there is no doubt that exchange wallet are more risky and if the exchange got hacked or something else happened it will be my own fault. because i already know that exchange wallet is not a wise decision, but i think still it is very easy to create a online wallet and that is the reason that i am using online and exchange wallet. |
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Diced90
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May 16, 2017, 08:24:35 PM |
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I keep my btc exchange wallet. easily I can transfer my btc and alt coin. other I can trade and earn.
so I like exchange wallet for keep btc.
just be careful not to get locked out of your account because some exchange wallet providers charge for pin retrieval and yes they are convenient when you want to trade for other altcoins. am still using a blockchain wallet on phone and pc |
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Ewinsane
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May 16, 2017, 08:29:41 PM |
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Just do not keep all eggs in one basket  great example, keep it in multiple wallet but make sure that its safe and note your password so that even you forget it you can open it. right now i used blockchain.info and coins.ph as my wallet yeah save your bitcoin in multiple wallet is much more safe because there is a lot of hack problems and if someone want to hack your bitcoin then your some bitcoin would be safe in other wallet that is reason because i also keep my bitcoin in multiple wallet. |
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NEWGOODOUBLE
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May 17, 2017, 12:14:12 AM |
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I keep my btc exchange wallet. easily I can transfer my btc and alt coin. other I can trade and earn.
so I like exchange wallet for keep btc.
Yeah if you're a trader I'm sure you'd prefer to keep your bitcoin in exchange. Because it will be simpler to trade. But you have to stay careful with the security |
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Finestream
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May 17, 2017, 01:38:05 AM |
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I keep my btc exchange wallet. easily I can transfer my btc and alt coin. other I can trade and earn.
so I like exchange wallet for keep btc.
Yeah if you're a trader I'm sure you'd prefer to keep your bitcoin in exchange. Because it will be simpler to trade. But you have to stay careful with the security I would prefer to put in trading site but only on the best and most secured based on my evaluation, I have money in poloniex which I have been stocking there for years already and there is no single problem I encountered. This is a liquid asset or investment, anytime we can withdraw and covert to fiat so that give some kind of convenience to us. |
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HongKong
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May 17, 2017, 01:40:54 AM |
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I like to store Bitcoin in most online exchanges because I would be able to have fiat ready to cash out when and if I needed it.
I also like to have a few Altcoins just sitting around just incase the price goes up so I could earn a few Bitcoin on the side.
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Anthonyling
Newbie
 Offline
Activity: 5
Merit: 0
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May 17, 2017, 04:31:59 AM |
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I use bitaddress.org to create Bitcoin Wallet. especially vantity wallet. I don't think store bitcoin in exchange is a good way, remember MTGOX. bitcoin is the money you can total control， I don't want anyone else have any chance to control my bitcoin.
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zohaibh
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May 17, 2017, 09:12:18 AM |
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i store my btc in blockchain and when i want to invest i invest it and sometimes when i need money i exchange my bitcoin.
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DoublerHunter
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May 17, 2017, 09:53:21 AM |
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i store my btc in blockchain and when i want to invest i invest it and sometimes when i need money i exchange my bitcoin.
Just an advice, if you have a lot of bitcoin there then do not put all your bitcoins there and learn how to make a cold storage or safe wallet for your bitcoin for long term so you will not encounter so much problem like getting hacked or cannot be open your account. You can use paper wallets which is the most popular here because it is cheap and also invulnerable for hacks. |
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May 17, 2017, 10:03:29 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 used to store bitcoin online since I don't have issue in its security. Besides, using 2fa would be better to make hacking impossible. |
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roshidnahdi
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May 20, 2017, 07:08:02 AM |
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Actually I don't have much bitcoin couse I am newbie, so I store it online for security I am using 2fa.
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Andrew1337
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May 20, 2017, 07:24:24 AM |
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Well actually I use blockchain , there I store them , but sometimes I don't feel in safe with them ...........
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RoomBot
Legendary
Offline
Activity: 2268
Merit: 1123
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May 28, 2017, 05:52:46 AM |
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You can trust the blockchain. |
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DoublerHunter
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May 28, 2017, 10:14:37 AM |
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Well actually I use blockchain , there I store them , but sometimes I don't feel in safe with them ...........
If you don't feel safe with blockchain then you are right that they are not safe to store your bitcoin, It is even better to just have paper wallet or hardware wallet or even desktop wallet because it is much safer than online wallet because blockchain has a record of hack attacks so if i were you i will rather try other wallet to be safe than to just stick with risky online wallets. |
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mharz
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May 28, 2017, 01:31:07 PM |
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I store my bitcoin in my wallet and I withdraw it little by little if needed, however I try to save it for the future value of bitcoin. Because I just expected a higher value of Bitcoin in the future.
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kuyaJ
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May 28, 2017, 01:31:47 PM |
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I use the leading online wallet in my country. It is trusted and contained both local currency wallet and bitcoin wallet so you can exchange it anytime. I would like to add the benefits it has including the rebates when you purchase something using their wallet. Also you can use it to pay your bills through their wallet and receive an amount back like rebate.
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artows21
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May 28, 2017, 07:27:54 PM |
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IN 2011 I was a online keeper. the first bitcoin wallet i used charged me 0.001Btc and that time i was earning like 0.000003btc per 5min or something it was a lot of work to reach 0.01btc and finally payed them the fees after then i heard that there is a wallet called blockchain and i registered there and saw that they where charging just 0.0001btc :p and today i am using android wallets with 0.00005 satoshi fees.
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