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Author Topic: How do you store your bitcoins?  (Read 92194 times)
Akash55
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December 06, 2017, 07:13:55 PM
 #1901

I store my bitcoin in online wallet.Now a days online wallet is very safe.And i prefer Coinbase
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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JohnHero
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December 06, 2017, 07:20:49 PM
 #1902

Its too much risky to store you bitcoin on online wallets. Anyone can hack into your account and stole your bitcoins. Its better to purchase a hardware wallet or use software wallets. I my self use these wallets and always secure to being hacked. I mostly suggest people to use theses wallets instead of using online one.


I must agree with you here. Try to store your coins as far as you can from Internet. The internet is the only thing that links you with the thieves.
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December 06, 2017, 07:22:47 PM
 #1903

First of all i am currently holding ethereum coins and i use MEW to hold my coins because this is the wallet that is being suggested by most of the traders then i am exchanging my coins to liqui.io to btc because it is more reliable than bitrex.
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December 06, 2017, 07:24:50 PM
 #1904

It is pretty safe if you will store it in different online wallets. Mine is stored in paper wallet, coinbase and electrum. But it is very safe if you will use hardware wallet which no one can stole it from you unlike in online storage.
I use paper wallets to store my bitcoins... i have around 7 -10 wallets now, I use multiple just to make sure the others are safe when one wallet is hacked. I don't have much coins though, but that's the safest way i could think of right now to keep them safe.
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December 06, 2017, 07:26:21 PM
 #1905

I set the purse on the SSD. And there I keep my BTC. My goal is to wait a year or two.

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December 06, 2017, 07:28:39 PM
 #1906

I have a little BTC so I keep it on bittrex. I want to sell it at peak prices, and buy cheaper.

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December 06, 2017, 07:43:24 PM
 #1907

I usually store bitcoin and altcoin in a physical wallet. I prefer Ledger Nano. I have some altcoins and Bitcoin that I left on the exchange for trade purposes.  My purpose to keeping of Bitcoin  in the exchange market is to trade quickly.
Barbarian
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December 06, 2017, 10:49:37 PM
 #1908

I store my bitcoins in wallets, so it can not be stolen at once.I think its the best option you can take to use more wallets than one.

It makes no difference if you have all your wallets in the same computer or if you access them all in the same computer if that computer is infected you are going to lose all your coins, so as you can see you need more than several wallets to outsmart the hackers that are behind your coins.
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December 09, 2017, 12:02:13 PM
 #1909

I keep my bitcoin in my wallet online but I do not think it's safe. Some of my betting sites have been hacked and in my opinion the best way is to use wallets off line. or fif safer to store btc
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December 09, 2017, 12:30:59 PM
 #1910

To have maximum security and to be able to participate in forks (or simply receive the fork coins like BTG), I use Electrum. Beginners should be aware that online wallets don't really give out the tokens that you should receive. Just recently BTG was released and online wallet sites are surely having the time of their lives. That's a lot of money and they never care to give it to the user that deserves it. Regardless, you can avoid this by putting most of your coins in an electrum wallet. Plus, online wallets might run away. I know that they most probably wouldn't do that because they are making good money from the website but still we can't dismiss the possibility of it happening.
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December 09, 2017, 03:43:25 PM
 #1911

Bitcoin is stored in different ways at the same time for security, the safest way is to store it on offline wallet on PC, but I keep it just on the exchange and wallets )
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December 17, 2017, 11:47:24 PM
 #1912

I store my bitcoin in my wallet, actually I have a small amount of bitcoin so I don't need any high quality bank or wallet. I can store my bitcoin in my wallet.
I like to keep my coins on an online exchange. It's a little unsafe though it feels good to trade coins whenever I feel like it.

 
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andylioe78
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December 18, 2017, 02:56:35 AM
 #1913

You have to take security precautions Hold your coins in some wallets is the best solution but you save a small amount in breadwallet just to show people and send a small amount.
Pamela Jobelle
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December 18, 2017, 03:01:43 AM
 #1914

Register to authorize wallet site and track your earnings to a notebook so that you will monitor your earnings and also have some-backup folder on your pc if in case of emergency.
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December 18, 2017, 03:02:13 AM
 #1915

Bitcoin is stored in different ways at the same time for security, the safest way is to store it on offline wallet on PC, but I keep it just on the exchange and wallets )
Save bitcoin in offline wallet is secure but it is not practical. I don't like to save my bitcoin in exchange site its too risky, I just like to save my bitcoin in online wallet. It is the most apropriated wallet for me at this time.

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December 18, 2017, 03:11:54 AM
 #1916

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
Sometimes in offline wallet but coinph is my the best wallet in our country to store you bitcoins or money.
spyderbilt
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December 18, 2017, 07:33:24 AM
 #1917

I store bitcoin in the offline wallet because our own offline wallet has full control and sometimes if it is in the exchanger can not be sure it will be stored safely. there are so many hack cases happening in the exchanger so we have to be alert with our own coins.
snedyolo
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December 18, 2017, 07:37:21 AM
 #1918

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 one wallet which is stored in a cold storage. The reason why I did this is because of the forks that may occur. We all know that forks are not that predictable and there are times when we are not keeping an eye on everything that we fail to see that it is already happening. This is the reason why I prefer to have a cold storage.

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December 18, 2017, 07:38:20 AM
 #1919

I store my bitcoins in wallets, so it can not be stolen at once.I think its the best option you can take to use more wallets than one.

It makes no difference if you have all your wallets in the same computer or if you access them all in the same computer if that computer is infected you are going to lose all your coins, so as you can see you need more than several wallets to outsmart the hackers that are behind your coins.

A wallet on your computer is pretty safe. Of course depending on the amount you have, you want to increase the level.
You are a needle in a stack of needles on the internet, and for you to be by chance targeted by a hacker is remote. Advertising yourself, visiting doubtful webpages and d/l and running all kinds of ‘beta’ software, does of course not improve your odds. Other than that, you are pretty safe.
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December 18, 2017, 08:03:03 AM
 #1920

Actually I used 3 types of wallets. And every one of them has different purposes, So here are the 3 types of wallets that i use.

1. MOBILE WALLET - In which in here i stored some of my bitcoin to pay others like paying for the goods i bought online and others.

The good example of it is the Blockchain and Mycelium.

Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.

Disadvantages:
* If the system of the app gets hacked by a hacker there's high chance that you will lost your bitcoin.

2. ONLINE WEB WALLET - I received all the payments and profits in this wallet.

The good example is Coinbase and Blockchain

Advantages:
* You can bring it whenever you are and make transaction.
* Easy to use.

Disadvantages:
* Just like the mobile wallet your key phrase here is in the server of the company and if that gets hacked your bitcoin will lost.  So there's no 100% guarantee that your bitcoin is safe.

3. PAPER WALLET - In which you will store your bitcoin in a paper where the keyphrase is stored there.

Where you can make a paper wallet? -> https://www.bitaddress.org/

Advantages:
* It is good for a long term investment.

Disadvantages:
* When you lost the paper itself of course.
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