Barbarian
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December 26, 2017, 07:41:36 PM |
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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. Bad idea my friend that option is very practical but you only need that the exchange closes its doors, turns into a scam, gets seized by the government or that they close your account and then you are going to lose all your coins in the blink of an eye and you will never get them back. Putting bitcoin in exchange is convenient specially when you are a trader but then its not safe to put it there at all because exchange site can do whatever they want if they want to trick people. Its better to put bitcoin in exchange if you are going to trade after the trade withdraw it right away to be safe. If you are a trader then by all means use their wallets if you do not then you will not be able to trade at all but the issue is that you should only keep the amount of bitcoin you trade, once you are done trading then you need to withdraw your money, I know that you need to pay a lot in fees but that is way lower than losing all your money.
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devarajdp
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December 27, 2017, 05:52:47 AM |
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This is really just a piece of paper with your public and private keys printed on it, which can be used to access your bitcoin. If you don't plan on touching your bitcoin for a while then a paper wallet is a good option. Just make sure you put your paper wallet somewhere very safe—and then don't forget where it is.
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Payapa
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December 27, 2017, 06:05:54 AM |
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I do have a MEW, which I kept my keys on a separate storage device, and another one which is a mobile app for BTC. I seldom use both since I'm still studying the currency and its flow. I guess once I understand it fully (at least the main concept of how to improve my BTC/ETH earnings), then I can have another wallet, maybe a paper wallet, which is more safer.
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Kasabus
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December 27, 2017, 07:17:53 AM |
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I do have a MEW, which I kept my keys on a separate storage device, and another one which is a mobile app for BTC. I seldom use both since I'm still studying the currency and its flow. I guess once I understand it fully (at least the main concept of how to improve my BTC/ETH earnings), then I can have another wallet, maybe a paper wallet, which is more safer.
MEW are for Ethereum and its tokens, I have a lot of tokens which I stored in different MEW address, I am doing that to be safe so if one address will be hack I have the other. Whether its bitcoin or ethereum, we have to do the best to secure our funds.
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Yanisumin
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December 27, 2017, 07:56:28 AM |
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I use a mixture of ways to store my bitcoin I wouldn't want to be one of those ones that lost everything.I store my bitcoins in my cold storage and in my online wallet.
What cold storage> ? I'm using ledger Nano but I'm still wondering how long this hardware is going to last, they are just like flash drives and of course the materials have some depreciation, it would be better to always diversify the storage. I'm using electrum when in terms of BTC storage, My Ether wallet for altcoins and trezor for long term holding. And to have some bank rolling Im using different kinds of exchanges, previously Im using bittrex but there are some problems in withdrawal limit and there are reports that some accounts are being lock and the support are not replying so I guess it is always better to run around your funds and alway be updated on what s happening on every storage. The only thing that can protect our wallet is our own protection and how we store it whether it is cols storage or online or desktop wallets.
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Gandam23
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December 27, 2017, 10:50:54 AM |
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i mostly have my BTC on paper wallets in a safe, but i do keep a small amount in breadwallet just for showing people and send small amounts. I think for long term storage paper wallets or offline hardware wallets are the way to go, the difference being paper wallets are free, which i like ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I actually store my bitcoins in one application wallet which is coins.ph. This wallet application is really trusted becuase there is so many ways for you to become verified and as a storage of bitcoin i will recommend this app. But is only reliable and applicable to those users who actually needs php because this app can convert you btc into php so that you can withdraw it.
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Andika23
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December 27, 2017, 12:17:21 PM |
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I save my bitcoin in my online wallet to store it in blockchain because I think this blockchain is really the safest wallet I believe with blockchain until now I use it.
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Karie_Legend
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January 01, 2018, 03:26:09 PM |
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I save my bitcoin in my online wallet to store it in blockchain because I think this blockchain is really the safest wallet I believe with blockchain until now I use it.
Many people are convincing on the wallet blockchain and I am using it at this time.
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deango
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January 01, 2018, 03:28:27 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?
You should keep your bitcoin in cold storage, it is the safeties way. if the bitcoin is in a cold storage no one can touch it.
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TheWinnerBro
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January 01, 2018, 03:29:07 PM |
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I hold my bitcoins online at Coinbase. Even seems not secure in the first view this is only an impression and not a fact. Seems that the online wallet are the less secure but if read all the data given about this matter offered by Coinbase understand the right meaning that the word "secure" has for this business. I am writing some. First must be told (even this has nothing to do with the security but with your pocket) all the fee-s of the sent of bitcoin are paid from Coinbase. Then they store 98% of customer funds offline. Offline storage provides an important security measure against theft or loss. They distribute bitcoin geographically in safe deposit boxes and vaults around the world. And at the end (for more you can go yourself at their website) Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time. Specifically, Coinbase's insurance policy would respond in the event that bitcoin stored in Coinbase was lost or stolen as a result of a breach of our physical security, cyber security, or as a result of employee theft. Coinbase has held this insurance since November 2013 with highly rated carriers (S&P rating of A+ or A.M. Best Rating of A XV or higher).
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LTCendmanagement
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January 01, 2018, 04:49:57 PM |
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It would be safer if you keep it in trezor or paper wallet, because it will be far from the reach of hackers. Web wallet is good, but is there a warranty if the website is hacked by someone?
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MisterPrada
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January 01, 2018, 05:32:07 PM |
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In a paper wallet In a lead box inside a safe that's inside a bigger safe behind a wall in a locked room that requires iris scan after voice recognition which is before the palm scan. All that behind a door in my spaceship on my yacht at my private island.
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Swopon
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Gamdom
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January 01, 2018, 05:40:36 PM |
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I store some of my btc in coinbase and also i store some of my btc in electrum wallet.But i am planning to store them in a hardware wallet in near future.
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kenjohannes26
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January 01, 2018, 05:49:19 PM |
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So far I keep in the coinbase and safe, as long as you have 2FA then hacker attacks to break into your account will be more able to minimize.
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Ethernel
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January 01, 2018, 05:49:43 PM |
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I keep most on an old mobile device, not connected to the internet and is just kept on my drawer with some passcodes needed before you can open it. Idk of that's a great thing to do, but I find it easy to send in times of need than a paper wallet.
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deepakg2m
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January 01, 2018, 05:57:14 PM |
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You can store your BITCOIN as you want .But i want to tell you that the online wallet is a bit less safer than the offline wallet because how much it may be secured but there is always a chance of hacking and as we know technology is very much advanced and many are very trained in hacking.
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Showkat Hossain
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January 01, 2018, 06:18:17 PM |
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I store my Bitcoin with strong password which will be made by difficult character.
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ICOfighterr
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January 02, 2018, 09:58:09 AM |
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Well my wallet dont stands more then a week with some balance as i need to pay my bills and get some credit to my faucet balance ,besides those all my income is being invested at poloniex that is a huge company and no im not trading i just lend there my money on their safest lending service,soo in the end instead i be waiting to bitcoins reach or hit 800 dollars i keep earning all days more and more satoshis.
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ankurguta87
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January 02, 2018, 10:30:32 AM |
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I store my Bitcoin on both online like coinbase and offline like hardware wallet. Mostly on the offline wallet or paper wallet though. I don't trust online wallet but still using them for BTC payment is easy.
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Geemy
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January 02, 2018, 10:48:31 AM |
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i store my little bitcoin in blockchain wallet , and in exchange like bittrex , and i will check soon the hardware wallet i think it's best options for holders.
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