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Author Topic: How do you store your bitcoins?  (Read 92194 times)
tanginamoo
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September 01, 2017, 10:01:00 AM
 #1441

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

     As a bitcoin user, I prefer to store my bitcoin than spending it all out. How do I store my bitcoin? I store my bitcoin on a wallet on my smart phone. I save it there and then daily or hourly I notify myself on how much did bitcoin cost. And also, see if my money goes up or down.

Mtoo
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September 01, 2017, 10:02:33 AM
 #1442

Everyone  have stories  with being BTC different than other but me Deep onion makes me different by gave  me Airdrop to change  our live to best.  Thanks
crwth
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September 01, 2017, 10:08:53 AM
 #1443

Since I'm not holding any larger amounts of bitcoin, thereopre i store them on blockchain.info wallet and I'm keeping it pretty safe so I'm not scared of it being hacked or stolen. This also goes for the 200$ I've inested into bitcoin, storing them aswell on blockchain.info wallet but not on the default address. So yeah, not that paranoid about security at the moment.
If you're not that scared, I agree with you on it on using a blockchain.info wallet. I haven't tried that, is it really safe? I don't know if I want my bitcoins in a site but I hear it's safe.

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Fafabol
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September 01, 2017, 10:24:47 AM
 #1444

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

Yeah you have a point as it is easy to trade when you have some amount in your wallet and theres a sudden pump or dump so you can easily catch the train. Maybe just a little amount of coins will do here and don't store huge amount in exchange as it may get hack.
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September 01, 2017, 10:36:50 AM
 #1445

maybe storing offline wallets on a computer is the safest way for your bitcoin. but I do not like that. for me is a hassle because if I need money outdoors while I forget to bring money, I can not buy melt bitcoin directly. I prefer online wallets because it is easier to carry anywhere. if I need money it just needs a smartphone and a bitcoin wallet .. so I'm easier to liquefy bitcoin into fiat money anywhere. bhkan I can pay for food at a restaurant with bitcoin

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September 01, 2017, 10:54:17 AM
 #1446

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

Actually, I'm not in that stage yet. all I know to store my bitcoin was in exchange site for now while I'm a beginner. Maybe later I would use the wallet where I can store my bitcoin, I think coinomi and electrum wallet are good to use in.
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September 01, 2017, 11:26:17 AM
 #1447

In our country we have an app that can we stored our bitcoin but I think this is only a cold wallet because I don't have an private key. I think it is safe I did many times to withdraw/cashout using that app. it is called "coins.ph" sometimes I'm using exchange to store my bitcoins Cheesy

Ahhh.. ok
Gabrieelle
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September 01, 2017, 11:42:22 AM
 #1448

For me I use an online wallet because I don't have much bitcoin yet I'm still earning, maybe when I earn a lot of bitcoin it will be the time when I distribute it to different wallet to keep it safe because using only one wallet is a little risky especially if you have a lot to lose.
Sidas_Crew669
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September 01, 2017, 12:15:59 PM
 #1449

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 in my wallet especially the coins.ph wallet because as a filipino it is the best wallet for us where we can convert our bitcoin into fiat.

Personally, I don't store huge amount in my online wallet as I'm not holding a private key. I just store here some for my daily transactions. And I use electrum for storing huge amount of coins, I treat this like my savings account. So far I didn't encounter issues using my wallets.


Yeah, it would be wise to do that. Wallets which you hold the private keys are more reliable to use than just an online wallet. There was a time when online wallets had issue about its security and I learned that electrum is much safer to use for storing bitcoin. I only used online wallets for transactions because of rebates and also for converting into local currency.

I think there are a few online wallet that we can indeed hold its own and they only provide an alternative which is fairly easy and simple so that we can more easily to do something. At the core of all we have to do is to maintain the security of confidential data of our wallet, if indeed it does we can do then it becomes a big problem. In addition a bitcoin can we get and use for all thing, however it is everything has to be exchanged into money locally. This is not effective, but one day there will be innovation at its best. Continue to work hard and do not give up
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September 01, 2017, 01:06:18 PM
 #1450

I'm new but I opted for Electrum, seemed like a reasonable option.
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September 01, 2017, 01:08:49 PM
 #1451

Trezor or Hardware Wallets, where you can have your private keys.

I store my earnings when I trade on exchanges like Paxful.
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September 01, 2017, 02:36:39 PM
 #1452

I save bitcoin in online storage that is in paper wallet ,, because first know bitcoin, my friend advise to choose online paper wallet as storage place result from bitcoin.

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September 01, 2017, 02:40:13 PM
 #1453

Trezor or Hardware Wallets, where you can have your private keys.

I store my earnings when I trade on exchanges like Paxful.
trezor is good, i think it is ok if we must spend some money to keep the rest still save on trezor, and the price is not expensive too

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September 01, 2017, 04:04:18 PM
 #1454

You can stored your bitcoin many ways.Now you find many online wallet like as coinbase and blockchain.Now I  am use coin base for stored my bitcoin .You can also use bitcoin destop wallet with private key.i Think It is best way securied your bitcoin. I am use coin base because I think its gives me best service because coinbase provide android apps so its easy maintance and I am also use two fa security system .

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September 01, 2017, 04:18:48 PM
 #1455

I just keep my coins in the purse for the block until they grow to the right mark, and then sell them to get a good profit. Also I hold one coin until it grows to such a mark that I can fly to the moon.

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September 01, 2017, 04:41:34 PM
 #1456

of course, we store bitcoins and save them to earn and receive a bigger amount of money, but this also gives us advantages because for other people, they put or store real money to bitcoins, then withdraw it with a bigger amount of value or money. somehow it is one of the best thing to make money, but the risk of not knowing and being clue less whether the bitcoin value will increase or decrease, it is also a bad idea. Cheesy
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September 01, 2017, 04:45:35 PM
 #1457

Trezor or Hardware Wallets, where you can have your private keys.

I store my earnings when I trade on exchanges like Paxful.
trezor is good, i think it is ok if we must spend some money to keep the rest still save on trezor, and the price is not expensive too

Yeah, if you keep more than 0.5 btc, you should definitely get one hardware wallet. No matter if trezor, keepkey or ledger nano s. I perasonally don't store that much since I've cashed out some, but I like to use bitcoin core on my desktop.
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September 01, 2017, 05:23:11 PM
 #1458

Trezor or Hardware Wallets, where you can have your private keys.

I store my earnings when I trade on exchanges like Paxful.
trezor is good, i think it is ok if we must spend some money to keep the rest still save on trezor, and the price is not expensive too

Yeah, if you keep more than 0.5 btc, you should definitely get one hardware wallet. No matter if trezor, keepkey or ledger nano s. I perasonally don't store that much since I've cashed out some, but I like to use bitcoin core on my desktop.
at least the money we spend is not greater than the bitcoin we save. it will be the same, but still can be used in the future anyway if we have a lot of bitcoin

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September 01, 2017, 05:32:11 PM
 #1459

Which hot or mobile wallet do you recommend for minimal daily transactions while out and about?
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September 01, 2017, 05:41:30 PM
 #1460

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 Bitcoin in my wallet. But as a regular trader, I also store Bitcoin in some exchange platform for any time using. I think for holding computer wallet is better than an online wallet.
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