smho_16
|
|
October 04, 2016, 08:09:15 AM |
|
I would answer you just as I have done myself. In this point don't trust anyone, no one, only trust a hardware wallet if you really wanna have peace of mind.
If you have large amount of coins than you would have no problem buying a hardware wallet as is very much worth the money in this situation.
|
|
|
|
jak3
Legendary
Offline
Activity: 1274
Merit: 1004
|
|
October 04, 2016, 05:28:42 PM |
|
you can use any bitcoin wallet for storing any amount of money you want that does not matter but if you want extra security then i will suggest make a paper wallet. paper wallets are just an offline backup nothing else now if you have one bitcoin address then you will have its private key to.now in case your wallet goes down for a day then you can simply use that private key on any other wallet and you can control your full money just like before and also remember you have to keep it safe
|
|
|
|
wintermeasures
|
|
October 05, 2016, 08:43:10 AM |
|
what is the safest way to save a large amount of coins, is it paper ? if so can paper coins be transferred to any wallet?
also web wallets what are some of the most respected ones, is blockchain.info a good wallet, if it goes down can i redeem my bitcoins on another site?
also with blockchain do i have to re backup my coins every time i spend some?
I Don't suggest you to Use Web Wallets For Storing A Large Amount Of Btc Because You Can't Able to Get Your Btc Back If your Wallet Got Hacked By Someone So That I Think That If you Want to Store A High Amount Of Btc Then I Suggest You to Store Them In a Paper Wallet....
|
|
|
|
Naoko
|
|
October 05, 2016, 09:30:26 AM |
|
i would suggest to store your coins in different addresses and in paper wallet, that way you will have less risk of losing your coins plus it will be much safer than storing in other wallet service
|
|
|
|
Steve_T
|
|
October 05, 2016, 05:03:14 PM |
|
From personal experience I really recommend paper wallets, there are tutorials on youtube.
One note, never re-use a paper wallet address. I make sure I withdraw all the amount from each address when I need the funds.
Having said that, I do like the look of the new Trezor2.
|
|
|
|
|
rozee
Legendary
Offline
Activity: 1736
Merit: 1001
|
|
October 06, 2016, 12:34:18 AM |
|
i recommend you to use paper and offline wallet to save large amount of coins or use physical wallet and trezor but blockchain is safe too if you use all the security feature but yea sometimes hacker smarter than us
|
|
|
|
milewilda
Legendary
Offline
Activity: 3276
Merit: 1156
|
|
October 06, 2016, 01:45:31 AM |
|
Achow101 seems already answered regarding on OP's queries, He's right i would not recommend too on storing huge amount of bitcoins in a web wallet because if they go down its not possible to recover all your coins because theres private keys unlike on desktop wallets which is more safer you could able to recover it as long you have the important informations.
|
|
|
|
MyBTT
|
|
October 06, 2016, 10:14:45 AM |
|
Achow101 seems already answered regarding on OP's queries, He's right i would not recommend too on storing huge amount of bitcoins in a web wallet because if they go down its not possible to recover all your coins because theres private keys unlike on desktop wallets which is more safer you could able to recover it as long you have the important informations.
Correct. An offline cold wallet, a paper wallet or even a hardware wallet is the way to go. You don't want to have all that bitcoin and lose it.
|
▄████▄ ▄████████▄ ▄████████████▄ ▄████████████████▄ ████████████████████ ▄█▄ ▄███▄ ▄███▄ ▄████████████████▀ ▄██████████ ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ██ ▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▄█▄ ▀██████████████▄ ████████████████████████████ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀█▀ ██ ▀████████████████████████▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▄█▄ ▀██▄ ▄██▀ ██ ▀████████████████████▀ ▀███▀ ▀███▀ ▀█▀ ▀███▀ ▄███████████████████████████████████▀ ▀████████████████▀ ▀████████████▀ ▀████████▀ ▀████▀
| ║║ ║█ ║█ ║║ | .
| .
║║ ██ ║║
| .
| .
║║ ██ ║║
| .
| ║║ █║ █║ ║║ | |
|
|
|
Qunenin
|
|
October 06, 2016, 04:11:23 PM |
|
From personal experience I really recommend paper wallets, there are tutorials on youtube.
One note, never re-use a paper wallet address. I make sure I withdraw all the amount from each address when I need the funds.
Having said that, I do like the look of the new Trezor2.
I generally agree with paper wallets, but it also depends on the set up. A busy office space, a house hold that is hectic, these may be places that a whole lot of money can be destroyed or stolen quick. A friend of mine created a side token for a halfway house that he was running. People coming and going, some straight out of detox or off the street, paper wallet not the way to go
|
. .1xBit.com. | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | | │ | | │ | | ! |
|
|
|
Oralmat
|
|
October 08, 2016, 03:32:09 PM |
|
I would answer you just as I have done myself. In this point don't trust anyone, no one, only trust a hardware wallet if you really wanna have peace of mind.
If you have large amount of coins than you would have no problem buying a hardware wallet as is very much worth the money in this situation.
I think Software wallets can be backup on USB or even the whole wallet is there, or a hardware wallet, which is basically the same as that. The environment sets the need and use too.
|
|
|
|
outatime1
Sr. Member
Offline
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
|
|
October 08, 2016, 11:17:25 PM |
|
Paper wallets are the safest as far as I know but make sure you don't lose track of the private key. I wouldn't trust any exchange with a large amount of bitcoin based on what happened with mtgox and cryptsy.
|
|
|
|
marilyngroom
|
|
October 08, 2016, 11:20:56 PM |
|
I'm guessing cold storage. Encrypting and copying your keys in multiple places. It's rare, but sometimes compressed files get corrupted, so it's important to keep multiple copies in different places.
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1498
Merit: 1025
DGbet.fun - Crypto Sportsbook
|
|
October 09, 2016, 10:07:09 AM |
|
I would answer you just as I have done myself. In this point don't trust anyone, no one, only trust a hardware wallet if you really wanna have peace of mind.
If you have large amount of coins than you would have no problem buying a hardware wallet as is very much worth the money in this situation.
Correct, dont trust on answer which are commonly suggested by others on using web wallets on storing large amounts of bitcoin as you said hardware wallets would be the on of the best storage in this kind of situation and also you could use desktop wallets which no matter what happen as long you have your private keys there would be no problem on your coins.
|
|
|
|
Tyrantt
|
|
October 09, 2016, 03:15:35 PM |
|
The safest one I'd say paper wallet (hide it somewhere safe) and cold storage. Get some flash or hdd, backup yourwallet and place it somewhere safe.
|
Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
|
|
|
|