TheBTCAlex
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Activity: 126
Merit: 100
Back from Vacation!
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October 01, 2017, 10:30:34 AM |
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I used to use the blockchain.info when I was very new to the bitcoin biz, and that too for very small signature campaign earnings at that time. But when I grew more knowledgeable and learned about the vulnerabilities of such wallets, I quickly switched to local wallets like Electrum, which is definitely very good for me, as I have full control over transaction fees, and private keys, and I can keep my wallet more secure this way.
To get the best secure storage however, you must use a combination of watch-only wallets, cold storage, paper wallets, offline wallets, and remember to keep as many secure backups as possible, and you also need to make sure your wallet devices are free from viruses.
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ericson
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October 01, 2017, 10:37:56 AM |
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Using a bitcoin wallet like coins.ph is so inconvenience free it is not only easy it is also safe and secure by the id verification system and covers so many withdraw or cashouts branches though you cannot import some private keys thats why it is so secure many filipinos using it now adays coins.pg has two different accounts it has a ph wallet and bitcoin wallet you can convert some of your funds to the ph wallet and withdraw your funds through many different cashouts
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Cofee.BLUE
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October 01, 2017, 10:55:36 AM |
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First and for most is using bitcoin wallet, it is my best way in storing my bitcoin. And sometimes I store my bitcoin when it is fresh from the bitcoin. And I didnt use it immidiatley I save it first and if i collect all and change ut to peso thats the time i spend it. That is my way of storing bitcoin.
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Oppang Inamo
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October 01, 2017, 10:58:43 AM |
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My way of storing bitcoin is,first I use bitcoin wallet that helps me to store and secure my bitcoin earnings.And after that I use to save my earnings and collect it until it grow and until the bitcoin increases value.When the value of bitcoin increases that's the time I will change it to peso,that's the way I store and save bitcoin.
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Naughtis
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Activity: 113
Merit: 100
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October 01, 2017, 11:08:05 AM |
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My way of storing bitcoin is,first I use bitcoin wallet that helps me to store and secure my bitcoin earnings.And after that I use to save my earnings and collect it until it grow and until the bitcoin increases value.When the value of bitcoin increases that's the time I will change it to peso,that's the way I store and save bitcoin.
Having your own bitcoin wallet can help most in storing your earned coin mostly when you less needing a cash. It could help you to reduce wasting your coin in an unimportant matters. It could alse help you reduce buying such thing that only a liesure to you.
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Beareonetu
Newbie
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Activity: 24
Merit: 0
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October 01, 2017, 11:49:48 PM |
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I spread mine on multiple online wallets just in scenario I necessary the cash through on the internet transactions.
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gl0ckn
Newbie
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Activity: 7
Merit: 0
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October 02, 2017, 12:04:29 AM |
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I currently just use Electrum+Nano S. Personally, I haven't had a need or want to keep a portion in a hot wallet.
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danjonbit
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Activity: 364
Merit: 101
DanJoN
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October 02, 2017, 12:41:54 AM |
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on me, I am now searching for any good storage or wallet for my bitcoin, but i think thers a lot of trusted site wallet now but i just want to be sure that i can feel free and dont have doubts on it in the future, for now i am storing it in my first wallet
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THE GREAT DANJON HIMSELF !
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Nyenyepogi
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October 02, 2017, 01:26:54 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?
For now idon't have any bitcoin becuase im still a newbie here so im trying to collect and i will do my best to earn a lot of btc and my plan is to store my btc in our countrt which name is coin.ph so much trusted.
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imsotiredofmoviereboots
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October 02, 2017, 02:32:29 AM |
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I always store it on a cold storage wallet. I can never be sure if my btc is safe on those exchanges like xapo or coinbase. They can still be possibly hacked and time will only tell when.
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ivorychris
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Activity: 18
Merit: 0
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October 02, 2017, 03:43:43 AM |
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At the moment, I store my BTC on a different online wallet. I don't have that much BTC yet so I don't worry much. Probably, if I have 1 BTC ill make sure to buy nano ledger.
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cydrix
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October 02, 2017, 03:59:23 AM |
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bitcoin wallet in the website it is safe but not withdrawable thou i use coins.ph because they cover so much cashout branches and also the safety and security because they verify the id of a person manually so you can withdraw safely the rate are fair also so keep safe and begin with the bitcoin wallet .info
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CodyAlfaridzi
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October 02, 2017, 05:25:32 AM |
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I store it on my mobile wallet and keeping a paper backup somewhere safe. The reason I store it on my smartphone instead of PC is that I think Android is safer to malware than PC (Windows especially). I have heard numerous story of losing Bitcoin to malware, so I decided not to store it on PC which I use for daily work. Storing it on a smartphone also allow me to spend it anywhere (mobility).
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Exotica111
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October 02, 2017, 05:30:24 AM |
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Must take security precautions! Hold your coins in multiple wallets ... Also one good amount will be good to be stored in cold wallet! Always use good strong password and change it periodically!
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A.nayem
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Activity: 81
Merit: 10
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October 02, 2017, 05:52:09 AM |
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On my phone as needed, same as I take bills and coins with me when needed. On my online computer as my main wallet... I don't have much bitcoin so I don't think they'd live a comfortable life if they got my bitcoin.
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Grim149x
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October 02, 2017, 05:57:53 AM |
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I prefer to store it on different wallets because it's too risky to store it in one place. You'll never know what's going to happen.
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dreamer81
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October 02, 2017, 06:03:13 AM |
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its pretty obvious. There is only ONE real method to store bitcoins, and that is cold storage with backup. Dont think you can outsmart the hackers. They have massive computing power available to hack and decrypt you... so just follow my advice, and go cold
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MancyZz
Sr. Member
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Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
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October 02, 2017, 06:16:18 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?
For now idon't have any bitcoin becuase im still a newbie here so im trying to collect and i will do my best to earn a lot of btc and my plan is to store my btc in our countrt which name is coin.ph so much trusted. good to trying and earning bitcoin welcome.. saving bitcoin is safety because you just save private key and 2fa with your number phone
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nethan1btc
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October 02, 2017, 06:38:02 AM |
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I always store it on a cold storage wallet. I can never be sure if my btc is safe on those exchanges like xapo or coinbase. They can still be possibly hacked and time will only tell when.
I guess it's more secure when you store your bitcoin in a cold storage wallet. It protects your wallet from unauthorized access, cyber hacks and etc. because it is not connected to the internet. And as for now, I am planning to store most of my bitcoin in a cold storage wallet.
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raven.tiu17
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October 02, 2017, 07:23:38 AM |
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you can store you bitcoins in a hard wallet or cold storage wallet. eg. Trezor wallet, Mycellium
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