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Author Topic: Where can I keep my BTC during the halving?  (Read 3007 times)
blackmachinegun
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July 02, 2016, 10:27:45 PM
 #61

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!

Yeah, just use Polo. I would suggest you use addresses that are the base of your transactions. it doesn't make any difference though.  Smiley
yeah it's up to you to save your bitcoin I also save a few percent of my bitcoin in exchange sites. certainly have a function like you. when prices are high I can directly make a sale without the need to send it out of wallet without need waiting confirmation
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July 02, 2016, 11:11:51 PM
 #62

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!

Yeah, just use Polo. I would suggest you use addresses that are the base of your transactions. it doesn't make any difference though.  Smiley
I think poloniex not a wallet considering poloniex is an exchange I think you have to be careful because the risk is quite large. could only exchange that is owned by a third party to be a scam? although poloniex have great trust. suggest for me do not put all your bitcoin in exchange site
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July 02, 2016, 11:13:14 PM
 #63

"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

This special thing can happen anytime like hashocean recently so if you can control your bitcoin on your own then its better for you. During the halving i would suggest OP to hold in a hardware wallet or in a multisig wallet.
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July 03, 2016, 02:48:45 PM
 #64

you can keep them where ever you want them before the halving, during the halving and after the halving. halving shouldnt affect this at all!
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July 03, 2016, 03:15:57 PM
 #65

you can keep them where ever you want them before the halving, during the halving and after the halving. halving shouldnt affect this at all!
well id oubt that it is a good idea to keep your bitcoins wherever you want because bitcoins might just easily be stolen from any exchange if you will be keeping it on it

i think that it would be the best to keep your bitcoins in your bitcoin wallet, in this way i would manage to make my bitcoins sit safe in my wallet, that would be the best thing  in my opinion

 
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Labumi
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July 03, 2016, 03:21:44 PM
 #66

you can keep them where ever you want them before the halving, during the halving and after the halving. halving shouldnt affect this at all!

Yeah, just wait till finished then halving it will not be a problem. Reduce just a form of revolution become better, so there will be a big problem. Halving is definitively affect the price of the bitcoin so this can you take advantage of for profit
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July 03, 2016, 03:23:25 PM
 #67

you can do whatever you want with your bitcoin and keep them anywhere even on an exchange site but remember one important thing:

as long as you don't have the private keys to your bitcoin, you don't really own those coins.

Holding Bitcoin More Every Day
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July 03, 2016, 03:25:32 PM
 #68

you can store them in an online wallet. I think it would be safe once over before halving. My advice after a few days send the funds in your wallet to exchange. it all to make it easier when you want to sell bitcoin you have.
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July 03, 2016, 03:30:14 PM
 #69

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!

What do you and other people mean about BTC halving? Isn't it actually rising in price. And in case of halving, I think you can just keep it where you usually do and wait for it to rise again)

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July 03, 2016, 03:45:39 PM
 #70

you can store them in an online wallet. I think it would be safe once over before halving. My advice after a few days send the funds in your wallet to exchange. it all to make it easier when you want to sell bitcoin you have.

leaving your coins "stored" in online wallet services is a horrible thing to do. people are in bitcoin because they can now have full control over their money. if you leave your coins online, then you give a third party control over your coins, plus it's not safe with hacks and insider thefts. offline storage is the only way to go. if you want to trade or just sell your coins, then just send them to your exchange. it's that simple.
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July 03, 2016, 04:35:11 PM
 #71

you can keep them where ever you want them before the halving, during the halving and after the halving. halving shouldnt affect this at all!
well id oubt that it is a good idea to keep your bitcoins wherever you want because bitcoins might just easily be stolen from any exchange if you will be keeping it on it

i think that it would be the best to keep your bitcoins in your bitcoin wallet, in this way i would manage to make my bitcoins sit safe in my wallet, that would be the best thing  in my opinion

yep, i agree that you should keep your btc in your wallet. my point was that halving doesnt affect that at all!
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July 03, 2016, 09:57:32 PM
 #72

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!


If possible, get yourself a hardware wallet and never turn to anything else.
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July 04, 2016, 11:22:41 PM
 #73

"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
Lol what do you think halving is the most amazing thing of bitcoin. so you think there is nothing special other than halving? I think whenever bitcoin could pump like somedays ago. although in during halving so anything can happen in bitcoin in during halving or after halving its same
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July 05, 2016, 12:38:27 AM
 #74

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 bitcoin store in large quantities in the exchanger although not halving it was very risky, I suggest you save bitcoin in your personal wallet. That is where you have full control over the wallet. Smiley Thank you
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July 05, 2016, 12:54:37 AM
 #75

If you are into online wallets dont go international go to your local website wallets. And see if you know the address of them. That way if something happen you go to them or sue them if they try to steal it.  Get some screenshots for proof.
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July 05, 2016, 03:09:24 PM
 #76

You dont need to change what your doing because of the halving.  If there was a hard fork i would withdraw.  But people here dont understand that traders need to keep their coins on a exchange so you can make sells instantly if needed.
yeah I think it is better to put it in the reliable exchange. yeah maybe so you can sell them directly when prices rise very quickly. I now keep all my bitcoin in the local exchange. of course I hope to get a high price and I could have a big profit
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July 05, 2016, 04:28:34 PM
 #77

Speaking of wallets, I heard a lot of people switching to Electrum. Why?
How does it differ from other wallets? In terms of security?
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July 05, 2016, 05:43:36 PM
 #78

Speaking of wallets, I heard a lot of people switching to Electrum. Why?
How does it differ from other wallets? In terms of security?
maybe they getting another users experience from using electrum and interested to using them but I never see or heard about people is having a problem with electrum wallet I think electrum is the best wallet for now but you can check some testimony about electrum wallet or make a topic about this.

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July 05, 2016, 05:47:32 PM
 #79

Well I don't think that is good decision to keep all your coins on any exchange although halving doesn't make any impact on it but there is so many risk involve in it, from my opinion better to move them into a clod storage or desktop wallet which are more better option to keep them safe.
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July 17, 2016, 05:48:37 PM
 #80

Why is it not okay to keep hem in the wallet and wait till the halving is gone?

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