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Author Topic: How do you store your bitcoins?  (Read 92194 times)
bncbnc
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May 28, 2017, 08:06:32 PM
 #1301

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.
to me i personally using online wallet, but i usually distribute my bitcoin in different wallets because i do not like to put all my bitcoins in one wallet. as there s is always a chance of that some one hack my account therefore through this way can keep my bitcoins safe. although, cold wallet and disktop wallet are also safe but still there are chance that your hardisk will crash and you will lose your all money.

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bitbob82
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May 28, 2017, 08:11:13 PM
 #1302

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.
i also have account in blockchain and in yobit,, i have fully trust on online wallet as  am using it for a long long time. but to me i  think still there are opportunities that some one can hack my account therefore to me  think the best option is use disktop wallet. which is more secure and trusted wallet where your money will remain more safe and secure.
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May 28, 2017, 08:13:45 PM
 #1303

Multiple wallets. Offline. And HW wallets are cool. If you don't want to invest into a HW wallet yet, a paper wallet could do the job too.

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May 28, 2017, 10:21:36 PM
 #1304

I will store my bitcoins through saving.So that I could save many bitcoins.Im excited for price increase that I may have it too to experience  a high salary.
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May 28, 2017, 10:40:56 PM
 #1305

I stored my bitcoin on my web online wallets where storing or holding it will generate good profits in the future of holdings. I can use it for daily purpose like gambling or in trading and also loading credits for mobile cellphone network carrier. I do have an offline android wallet which i use only to store the tokens earned and exchanged it to bitcoin. This is for a purpose of safety for future and I can us it for my family's future future needs particularly on basic spending like food and school expenses. Having plans for a paper wallet is not an interesting priority for the future, because online and offline wallet is still my best choice for now; paper wallet is vulnerable to be lost and damaged.
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May 29, 2017, 12:05:38 AM
 #1306

I have most of them in my Electrum wallet, some in Blockchain.info with relatively less security for instant payments when needed and have a USB wallet, not using it seriously since I don't have things to fill it up with but it does look good Cheesy .
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May 29, 2017, 12:29:15 AM
 #1307

I never keep them in exchanges or gambling website, because these may close at anytime and unexplained, majority of which won't issue refunds at all (or some refunds after months of waiting), Using a combination between Electrum and an offline Armory. actually a small amount of BTC but I prefer keeping it secure enough and prepare if I need to secure more in the future.
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May 29, 2017, 12:36:44 AM
 #1308

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I do store my bitcoins online regardless if it's huge or not. I'm confident for its security as my gmail has a 2fa security and also my wallet. Thus, there is no reason for my wallet to get hacked. Using hardware wallet is also great to use however, it's not convininent if you need it immediately.
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May 29, 2017, 03:17:28 AM
 #1309

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I do store my bitcoins online regardless if it's huge or not. I'm confident for its security as my gmail has a 2fa security and also my wallet. Thus, there is no reason for my wallet to get hacked. Using hardware wallet is also great to use however, it's not convininent if you need it immediately.
Normally for us who want to use our bitcoin anytime we will prefer to hold it online.
I have my bitcoins secured in exchanges, that way I can buy altcoins when there is a dump and sell right away when the price recovers.

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May 29, 2017, 03:06:29 PM
 #1310

I store a small sum in my blockchain.info wallet and mainly use that one for small and urgent transactions "like buying a gift card, and payments less than $10 or so", Also have bitcoin core, and considering it's a shore to use it "even though it's synced" I use it for larger and more regular payments like subscriptions.
Ossidalm
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June 02, 2017, 07:02:41 AM
 #1311

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I do store my bitcoins online regardless if it's huge or not. I'm confident for its security as my gmail has a 2fa security and also my wallet. Thus, there is no reason for my wallet to get hacked. Using hardware wallet is also great to use however, it's not convininent if you need it immediately.
Normally for us who want to use our bitcoin anytime we will prefer to hold it online.
I have my bitcoins secured in exchanges, that way I can buy altcoins when there is a dump and sell right away when the price recovers.

I do that for very small amount of bitcoin.
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June 02, 2017, 08:03:46 AM
 #1312

I have point something bitcoin in blockchain and some bitcoin is kept ready in local wallet so that I can sell for local currency for any urgent need I devided bitcoin wallet for need and investment
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June 02, 2017, 01:27:15 PM
 #1313

I store bitcoin on the internet, using my wallet. I aslo store it on the other wallet on my Iphone.

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ekans45
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June 02, 2017, 04:16:54 PM
 #1314

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
To think on holding or storing bitcoins in a multiple ways is a good idea to lessen the risk on each way of holding. In exchange you can also to do simple trading like selling when its and buying when its low and also you are right you can monitor the price of bitcoin using the scale and you can easily predict on how you are going to manage your bitcoin. Me personally I store my bitcoin on different wallets where I can spend and save at the same time. Because on choosing a wallet you can see that there are more variance on choosing an appropriate wallet the will suits to you.
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June 02, 2017, 05:16:38 PM
 #1315

I store bitcoin on the internet, using my wallet. I aslo store it on the other wallet on my Iphone.

Same here. I also would like to store my BTC in my online wallet, generally  i store m BTC in exchanger site. Because i am a trader. I like to trade with my bitcoin. If i have a lot of bitcoin, then i will store them into my desktop wallet.

Be carefull wit that. I have max. 5 btc on any exchange i trust,  bittrex and poloniex. Any other coins i buy i transfer back to my wallet

Be it waves or ethereum always use your own wallet.
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June 02, 2017, 05:26:45 PM
 #1316

In my opinion a hardware wallet is best, ive only tried ledgers and trezors but I like trezors much better. As far as I know no one has ever been robbed of bitcoin in a trezor.
hawkins
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June 02, 2017, 05:30:40 PM
 #1317

I store bitcoin on the internet, using my wallet. I aslo store it on the other wallet on my Iphone.

Same here. I also would like to store my BTC in my online wallet, generally  i store m BTC in exchanger site. Because i am a trader. I like to trade with my bitcoin. If i have a lot of bitcoin, then i will store them into my desktop wallet.
I think it's dangerous to store bitcoins on an exchanger, because the exchangers are always hackers. It might be better to keep it on an online wallet or hardwallet. It may be safer to store them on sites like blockchain or coinbase.
SM23031997
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June 02, 2017, 05:41:49 PM
 #1318

Is there any difference b/w storing them on online wallets like blockchain.info and Paper Wallet. Blockchain.info provides the proper security feature to ensure any data loss so, it does not matter where you are storing your bitcoins. If someone gets your private key by his 10pow48% Luck than neither paper wallet going to help you nor the Blockchain.info or any other online wallet facility. So, I think it doesn't matter much unless you are aware with the security features and risks involved.
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June 02, 2017, 05:54:17 PM
 #1319

I currently am mainly using my electrum desktop wallet since it's so extremely light weight but I'm looking to buy a keepkey hardware wallet in the future to keep my big capital safe. However they are currently sold out on Amazon unfortunately.
De Suga09
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June 06, 2017, 04:19:25 AM
 #1320

How I store my bitcoin?Since I am a Newbie I am planning to store my bitcoin into a Bitcoin wallet.So I can store my Bitcoin or satoshi in my wallet and for me also to save them.To store them I will be wise to use the wallet using online wallet.And also be careful in using some Onkine wallets
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