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Author Topic: Where can I keep my BTC during the halving?  (Read 3005 times)
BTCdoaA
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July 01, 2016, 07:00:29 PM
 #41

if you have big amount of bitcoin it is always better to keep it in a secure cold wallet not only in halving period . this is a principle security measure for your bitcoin (cold wallet ) also you have to consider small amount of btc in exchange for daily trading.

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HarryKPeters
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July 01, 2016, 08:46:15 PM
 #42

if you have big amount of bitcoin it is always better to keep it in a secure cold wallet not only in halving period . this is a principle security measure for your bitcoin (cold wallet ) also you have to consider small amount of btc in exchange for daily trading.

Yes, the best way is to use a trezor or have a pc from which you connect sometimes to the internet. If you use it on your main pc and you download, or even open your mails, your wallet is
vulnerable. It's your money, so make sure to secure it.

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July 01, 2016, 08:54:21 PM
 #43

Anything over 5 bitcoin I store on my trezor wallet. It's safe and the price for this security is nothing compared to the fact what you can lose.
So forget the halving, if you got money and you are serious about it, store it offline or even better, buy a trezor.
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July 01, 2016, 09:25:31 PM
 #44

Anything over 5 bitcoin I store on my trezor wallet. It's safe and the price for this security is nothing compared to the fact what you can lose.
So forget the halving, if you got money and you are serious about it, store it offline or even better, buy a trezor.
I think this is not about safe and comfortable. but will ease you to sell when halving come and bring a high price
so you could sell instantly ?
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July 01, 2016, 11:56:10 PM
 #45

You guys just don't get that some of us are traders and do have to keep large amounts on a exchange.  How do I make money doing several trades per day if I take your advice and put everything in cold storage or use trezor? 
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July 02, 2016, 12:05:42 AM
 #46

You should keep your bitcoin mainly in addresses you control only move them whem you need to make trades, the halving is not any different.

agree. I just keep my bitcoin on my wallet as usual whether the halving will come or not. nothing changes.

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July 02, 2016, 12:32:18 AM
 #47

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!

You should keep your btc somewhere it can make interest for you. If you just want to store them then a cold wallet would work. Put some to work in a btc bank like BTC POP. It will earn  5% interest in a saving account wallet there.
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July 02, 2016, 02:02:52 AM
 #48

you can store on paper wallet , or sell at higher price or  you can convert it to normal currency with the exchange and when in need to buy again bitcoins Smiley, i believe  halving does not create much impact as the value also co related during transaction .

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July 02, 2016, 06:29:52 AM
 #49

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!

you should be a bit cautious because i have experience that save my bitcoin at poloniex but didn't do trading activities and they said to me if i don't trade they will freeze my funds because poloniex is not online wallet and my advice to you just withdraw all your funds from these exchange and save it into cold storage if it necessary
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July 02, 2016, 06:33:48 AM
 #50

Just never store them on an online wallet or especially exchange.
When you have finished trading for the night take all your coins offline to a wallet that only you control.

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July 02, 2016, 07:42:02 AM
 #51

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!


I think it's better to keep your bitcoins on your own wallet not on exchanger. Because the halving is a big event and we don't want to see another big scam on exchanger right.
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July 02, 2016, 07:43:54 AM
 #52

Really matters how much you have. If you have tons of BTC, put it in cold storage like Trezor. If its small, put it in something like Electrum or Bitcoin Core. Never, ever keep your Bitcoin in someone else's wallet. Always have control of your Bitcoin.
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July 02, 2016, 07:51:34 AM
 #53

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!


I think it's better to keep your bitcoins on your own wallet not on exchanger. Because the halving is a big event and we don't want to see another big scam on exchanger right.

Yeah save it in your wallet as that is the safest place to save your bitcoins, cannot afford to trust any site for making any investment now, as in long run it will turn out to be a scam.
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July 02, 2016, 07:55:46 AM
 #54

You can keep your BTC anywhere you want during the halving. It is not going to impact what you already hold. It will not deduct any of your bitcoins.

Probably you have a wrong information about the halving. It is just the decrease in mining rewards. The block will contain half rewards compared to the early rewards. It is not going to impact what you already hold. So chill and stop worrying.

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July 02, 2016, 09:55:09 AM
 #55

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!


You can use my Wallet if you want Cheesy  Am sure it is in very good hand! Cheesy Just kidding.  Seriously, you can store it in a place where you are most comfortable Cheesy.  I tried to use polo but i was too noob back then.  I din use any secondary password like google authenticator.  I was so confident until one day all my BTC where hacked even my altcoins that are stored there Cheesy Then I learned the lesson the hard way Cheesy But that thing never happened again ever since i enabled the 2fa.

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July 02, 2016, 10:33:36 AM
 #56

I am glad you made this post.

I have a small amount of bitcoins on a couple exchanges but still enough that I dont want them lost.  I never even though about anything weird
happening with halving. I will be moving them to my electrum wallet.



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July 02, 2016, 10:42:54 AM
 #57

Its much better for you, and safer to make some paper wallet and when you think or wish to sell coins then you send it to exchange site. It is just precaution for you, cause we see how things can go wrong in just couple seconds. Its wise for everyone here, not just you, to make safe wallet where coins will be secured and safe from any possible treats.
I got a legger wallet, and I think its great. High protection and access only with usb drive and pin. You have other same wallets you just need to find what is suitable for you, and of course if you wish good protection you need to pay. Don`t forget that cheap things always can make you a problem, cause of that they are cheap.

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July 02, 2016, 10:44:13 AM
 #58

I am glad you made this post.

I have a small amount of bitcoins on a couple exchanges but still enough that I dont want them lost.  I never even though about anything weird
happening with halving. I will be moving them to my electrum wallet.

Yeah moving them to any wallet is the best idea as bitcoins are definitely safe in our wallet and there is no chance that it will be hacked or get stolen.
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July 02, 2016, 12:20:26 PM
 #59

I normally leave my BTC in Polo so I can exchange them whenever I want.
During halving I was wondering whether this is advisable, or is better to keep them in cold storage.
What do you think about? Any suggestion?
Thanx to everyone!



I think that storing all your BTC in an exchange (even if there's halving or not) is not a good move.
You better have a main wallet where you store it all and just send some BTC to other accounts when you need it.
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July 02, 2016, 02:47:11 PM
 #60

"During halving" nothing especial is going to happen, even if there is a rise that rise will be small and the big rise will come after the shake out. so keep on holding your bitcoin in your wallet, preferably a cold storage and only take them out when you want to spend/sell them

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