jamids
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October 10, 2017, 01:36:47 AM |
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I store my bitcoin in several web wallets. I choose web wallet so that I can access it anywhere and I did not choose mobile wallet because I am just doubtful of my phone at the moment. I do divide my coins in several wallets for different purposes. Someday, I am planning to buy a hardware wallet to store my coins.
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dmbragin
Newbie
Offline
Activity: 56
Merit: 0
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October 10, 2017, 09:27:57 PM |
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I use a lot of wallets to shop my bitcoins, on-line net wallets like coinbase i use to enjoy gambling and sports betting, and desktop wallet i use to keep my bitcoins for potential expenses.
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vafro
Newbie
Offline
Activity: 28
Merit: 0
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October 11, 2017, 10:31:32 PM |
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Individually i use Blockchain and some other wallets to keep my bitcoinsIt's better i believe to use more than wallet
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jennywhzz
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October 12, 2017, 03:50:48 PM |
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I store my coin to an online wallet but not definitely an exchange wallet because something is going wrong if you use a exchange wallet to store coin. Exchanges scam more often then online wallets and i did not heard any online wallet scam in last two years. ( although i did come to know few big exchanges got hacked) And I did not yet try to install a wallet to my computer yet. I am comfortable with online wallets.
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~Money~
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October 12, 2017, 03:59:27 PM |
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well if amount is small then i prefer to keep them in coinbase.It helps me to pay to my host for the stuff cuz they also use coinbase payment gateway so no fees ,
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Sithara007
Legendary
Online
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
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October 15, 2017, 04:27:19 AM |
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You must take security precautions! Hold your coins in multiple wallets its best solution. difference being paper wallets are free, which i like.
Multiple wallets increases the risk. Also, there are additional risk factors such as forgetting the passwords or losing the 2FA. And paper wallets are also not 100% risk free. When you take the printout of the wallet, there is a chance that the private key gets stored in the device. Someone can later retrieve the private key and then steal your coins.
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crwth
Copper Member
Legendary
Online
Activity: 2912
Merit: 1279
https://linktr.ee/crwthopia
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October 16, 2017, 02:17:58 AM |
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You must take security precautions! Hold your coins in multiple wallets its best solution. difference being paper wallets are free, which i like.
Multiple wallets increases the risk. Also, there are additional risk factors such as forgetting the passwords or losing the 2FA. And paper wallets are also not 100% risk free. When you take the printout of the wallet, there is a chance that the private key gets stored in the device. Someone can later retrieve the private key and then steal your coins. Maybe he is talking about the part where he spread his coins around so that if one wallet gets compromised, he wouldn't lose it all. But I think the best way is to have a cold storage or maybe a hardware wallet. It has been reviewed as one of the things necessary to protect your bitcoins. I read that it is also possible getting the data from the printer or something.
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NorvsGanda
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October 16, 2017, 02:28:45 AM |
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I store my coins and tokens and I wait until those tokens will pump. First, if I have already the coins I will take time to read in some forum that is related with the trading because in that foum I can obtain information about when is the time that the coins will pump also what is those coins.
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BeManga
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October 16, 2017, 02:31:47 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 me i store it in different online wallet and some exchange if someone plan just to store there coin online it will better to split it in different platform
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SummonKing2
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October 16, 2017, 09:08:18 AM |
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Bitcoin will store more secure online wallets and make sure that it will not be cut off or put in the most secure bank to make it safer. And it's best to put your bitcoins in your home because when you're closer you are more secure because you think it's better to see and touch than to go far.
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rodskee
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October 16, 2017, 09:33:09 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 use online wallet for my bitcoin with the strong privatekeys electrum one of the secured waalet i use but i use also a local wallet online if i need to convert into cash my bitcoin.
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Fievel
Newbie
Offline
Activity: 33
Merit: 0
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October 16, 2017, 09:43:23 AM |
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Cold storage, spread across multiple wallets. At least you won't lose everything if one of them is compromised. I only keep BTC at exchanges when I'm about to trade, and I withdraw when I'm not. More people should adopt this practice, exchanges are generally unsafe and not meant for storage of your coins.
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AmXProX
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October 16, 2017, 10:37:09 AM |
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Heard a hardware wallet is more secure now, I just don't know what will happen if you lost the hardware wallet if there is a way to recover it.
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Xenophoto
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October 16, 2017, 01:31:30 PM |
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Heard a hardware wallet is more secure now, I just don't know what will happen if you lost the hardware wallet if there is a way to recover it.
Luckily there is. All software/hardware that generates bitcoin wallets shows the wallet's seed and requires you to enter it to check if you have copied it right. Wallet seed is just like a private key. But a wallet seed has multiple addresses in it and each address has their own private keys. Basically owning the wallet's seed means owning all of the addresses regardless if you know their private keys individually or not. I also heard that hardware wallets are "secure". Unfortunately, that has a physical form and therefore it can be destroyed. Don't be so confident just because you own a nano ledger or something. Your coins can still be withdrawn by other people in case the device that was shipped to you has some sort of virus or keylogger that sends the wallet seed to the hacker. Hardware wallets have become a must-have items for some people but I will always have trust in offline wallets. Simply generate a wallet from a fresh format computer that is offline and then move the wallet file to a flash drive. That's it. It saves you a hundred dollar than buying a hardware wallet.
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kirikmax
Jr. Member
Offline
Activity: 58
Merit: 10
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October 16, 2017, 02:54:36 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 store my bitcoin on exchange like poloniex, bittrex, ... as it's convenient for job trading and the fee for transactions is low which is what i want in it.
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silvari
Newbie
Offline
Activity: 6
Merit: 0
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October 16, 2017, 03:08:35 PM |
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You have a lot of options from hardware wallets to normal i like to use blockchain and myetherwallet why? because i find those the most secure wallets of all wallets it is unhackable from my opinion.
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man1996
Member
Offline
Activity: 84
Merit: 10
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October 16, 2017, 03:13:48 PM |
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Bitcoin will store more secure online wallets and make sure that it will not be cut off or put in the most secure bank to make it safer. And it's best to put your bitcoins in your home because when you're closer you are more secure because you think it's better to see and touch than to go far.
When I receive my payments from a signature campaign,I store my bitcoins in the bitcoin wallet.If I have a lot of them,I invest some of my bitcoins while with the rest of it,I trade with others.I also encash my bitcoins and deposit them in a bank.
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Cindy1983
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October 16, 2017, 03:36:37 PM |
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You have a lot of options from hardware wallets to normal i like to use blockchain and myetherwallet why? because i find those the most secure wallets of all wallets it is unhackable from my opinion.
LOL. Both of wallets you're using is hackable dude ). If your computer has keylog virus you will never see your Bitcoin again ). One out of my friends lost all of his cryptocurrency in myetherwallet cause someone hacked his myetherwallet privatekey. ) If you want to find out the most secure wallet I think it'll be coldstorage wallet like trezor or ledger nano s
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hawkins
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October 16, 2017, 03:39:20 PM |
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for now I keep some bitcoin that I have on the exchanger, and some wallet. I guess it's a good way to store bitcoin, though it's a hassle, but I guess it's something safe. well, lots of people do that.
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Cacaparg
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October 16, 2017, 04:01:11 PM |
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Several days ago russian tread discussed that online wallets are not safety and all our kees are in the hicker hands, do you agree? Or maybe it is fake?
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