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Author Topic: How do you store your bitcoins?  (Read 91188 times)
bitllionaire
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June 15, 2017, 11:31:11 AM
 #1361

Everyone has his own taste and there are many wallets options that can be used and all have their own deficiencies and advantages and I prefer to store bitcoin in the web wallet and I think almost all wallets have the same risk.
to me i personally using online wallet. in fact i always have a limited amount of bitcoin therefore i think 2 wallet are enough for me to keep may money more safe there.

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June 15, 2017, 11:48:08 AM
 #1362

have a small amount and keeping them for paying orders on the digital goods section on the forum so having fast access to them is necessary, electrum 2.8.2 is one of the best programs let alone wallets i've seen. quick to use and uncomplicated, and don't need to download 100 gb of blocks.

I use electrum as well. I've been using it for over a year and so far so good. I don't have a serious problem while using it. For me electrum is good choice to store our bitcoin for future use.
I used to use electrum but right now, I do not use it anymore and currently I am using bittrex exchange wallet. I know that it sounds awful but I have to do that. The fee is very high and we can not decrease it. Therefore, using exchange wallet is the best way to reduce the fee


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June 15, 2017, 11:58:20 AM
 #1363

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I keep my bitcoins in my online wallet because you can sure that your bitcoins is totally safe and secure. There is lots of online wallet that you can store your bitcoin.Having bitcoin wallet will help you to keep your bitcoin safe and no one would try to stealth it.

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June 15, 2017, 12:23:57 PM
 #1364

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I keep my bitcoins in my online wallet because you can sure that your bitcoins is totally safe and secure. There is lots of online wallet that you can store your bitcoin.Having bitcoin wallet will help you to keep your bitcoin safe and no one would try to stealth it.

I didn't know that keeping bitcoins on web wallets is safe, because I think web wallets are pretty vulnerable to hackers. If I'm not wrong 500 million dollars worth of bitcoin have been stolen in the blockchain way back 2015 (correct me if I'm wrong) but the hacker have been caught by the authorities, that is why I prefer to use hardware wallets.

   
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June 15, 2017, 12:33:39 PM
 #1365

I store Btc in many wallets. Because one wallet is not safe.
be aware their is alot of wallet but some wallet how can be fake and steal your bitcoin you should be first conform that wallet in which you kept your bitcoin. i store my bitcoin in just TWO wallet which is the best in my view c-ecx and xapo.

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June 15, 2017, 12:36:26 PM
 #1366

I just use a online wallet. To be more specific, I use coinbase. I really like it but now they don't pay for your transaction fees.
You will need hardware wallet when you have big amount of bitcoin, ledger nano s, keepkey and trezor is the best hardware wallet, but trezor is number one for me.
Generally speaking, hardware wallets offer you a wide set of handy features, but they are not a necessity when it comes to secure storage of your holdings ~ it's just optional.

I always refer people to creating themselves a couple of paper wallets for the coins they hodl as long term investment/store of value. It's easy to set up, and it's free after all.

Convenience shouldn't be a concern since these coins are meant to stay offline for a long period of time. I always value security over convenience when it comes to cold storage.

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June 16, 2017, 05:32:40 PM
 #1367


Coinbase is under a lot of scrutiny these days, but they do have a Bitcoin & altcoin VAULT that requires TWO different emails, plus 2FA plus 48 hours notice to withdraw

I put about half of my 'Coin in there. Long term.

It's convenient to use Coinbase for arbitrating.

What a wild ride, especially in the past few months....
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June 16, 2017, 06:02:22 PM
 #1368

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
i save bitcoin on local wallet , to more safety i set with my number phone to login and set on my email too
i think it's enough for safe my bitcoin..

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June 16, 2017, 11:12:23 PM
 #1369

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I keep my bitcoins in my online wallet because you can sure that your bitcoins is totally safe and secure. There is lots of online wallet that you can store your bitcoin.Having bitcoin wallet will help you to keep your bitcoin safe and no one would try to stealth it.
although I also put all my bitcoins in online wallet but I think online wallets are not 100% safe., because we have already so may experience from our daily life. for this purpose I have distributed may bitcoins in different wallet so as to minimize the risk of hacking my account and put way all my money in one time so easily, but luckily I will like to add that still my all wallets are safe and sound and hope I will never taste such a bad experience.

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June 17, 2017, 01:41:32 AM
 #1370

I use several wallets, my main stash is in cold storage, to avoid the chances of it being stolen by a hacker, but the other wallets are desktop wallets that are in my computer, I think that is safer than to have web wallets and risk the site being hacked.
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June 17, 2017, 02:12:38 AM
 #1371

I have multiple  wallet one is my ether wallet   and the other one is a bitcoin app wallet in my Android that I use everyday because it is used by most here in my country.
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June 17, 2017, 08:52:11 AM
 #1372

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 Bitcoin offline by cold storage, I am storing Bitcoin in normal wallet as well but the amount in cold storage is bigger than in the normal wallet because I need to store as many Bitcoin as I can to earn profit in the future

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June 17, 2017, 01:13:03 PM
 #1373

The most important thing to remember is a private key! It's for savings! And since I do not see any sense at all, strongly encrypt, full of web wallets with two-factor authorization! Anyway, in fact, every time you enter the password! For large amounts, I do not even know, I do not have them, and if they were, I would use qr-code authorization, who knows what's behind it)
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June 19, 2017, 07:39:46 AM
 #1374

Some of my bitcoins are mainly scattered across online wallets like coins.ph and coinbase. I don't have a big quantity or amount of btc to play with cold storage or paper wallets .
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June 19, 2017, 10:53:39 AM
 #1375

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 bitcoins in my Electrum wallet on my computer.I have been using it for the past three years.No security issues.We can set our fee manually for every transaction as per the market conditions.We could even recover our account if we forget our password through the seed generated.

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June 19, 2017, 01:24:12 PM
 #1376

For me my bitcoin stored in my wallet but sometimes i trade it to collect a big amount of bitcoin. Most of the time i exchange it to a real currency specially if the bitcoin value is high.
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June 19, 2017, 08:17:22 PM
 #1377

I store a part (very small percentage) in an online wallet where I use them to buy litecoins for gambling but the chunk of my savings are in the core wallets with my privatekeys saved on a flash drive.

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June 19, 2017, 09:09:56 PM
 #1378

I'm storing my bitcoins on my web wallet though I find the risk is very high. So right now I'm trying to sync my bitcore wallet but it really needs to take a lot of time before it will be connected to the blockchain network. I'm also aware about what is going to happen with this BIP148 so I'm going to store it there for security.



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Rainbot
Daily Quests
Faucet
BlackPanda
Legendary
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Activity: 1036
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June 19, 2017, 09:18:49 PM
 #1379

I'm storing my bitcoins on my web wallet though I find the risk is very high. So right now I'm trying to sync my bitcore wallet but it really needs to take a lot of time before it will be connected to the blockchain network. I'm also aware about what is going to happen with this BIP148 so I'm going to store it there for security.
Online wallet also has a good level of security. You do not need to worry, you can activate 2FA. This is a very proven security service. The important thing is you open the online wallet on a secure network, make sure the device you use is free from viruses. You should be able to do maintenance and control it yourself.
The_prodigy
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June 19, 2017, 10:11:34 PM
 #1380

I store a part (very small percentage) in an online wallet where I use them to buy litecoins for gambling but the chunk of my savings are in the core wallets with my privatekeys saved on a flash drive.
Were the same. Im storing it in my online wallet, and it is safe their because many people are using it too. And the people that are working on it are kind, i have an issue sometimes that i forgot my password and my autenticator has been enabled therefore i cant access to my account then they have been respond verh early. Thats why they have been earned my trust.


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