How and where do I store my bitcoins?

[Potato Chips]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

The most safest place to store your coin is on your personal computer, that has password know by you and you alone. You can also store you bitcoin with blockchain.info and xapro, there the most safe online wallets. Most importantly safeguards your password both on your personal computer and online wallet and you are good to go.

Yes installing a wallet in your personal computer like electrum is one of the ways that you can call safe but online wallet is not.  As long as you don't have the

private keys it is not yours,  this situation is not different when your money is in the bank.  Online wallet is just good for storing small amounts but never with huge

amount like what OP has. This should be kept in a cold storage/bread wallet/hardware wallet.

[delliaerd]

i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.

But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email.

[carlisle1]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

of course, you should be considering a secured wallet because you are having a huge amount of bitcoin . if you are looking for highly secured wallet then web wallets can't be recommended for you, maybe you should install a hard wallet to your pc and make sure you won't be attacked by a botnet or any malware . I guess installing a hard wallet on Linux OS especially Tails OS is the best .

[deisik]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

of course, you should be considering a secured wallet because you are having a huge amount of bitcoin . if you are looking for highly secured wallet then web wallets can't be recommended for you, maybe you should install a hard wallet to your pc and make sure you won't be attacked by a botnet or any malware . I guess installing a hard wallet on Linux OS especially Tails OS is the best .

As I understand it, if you have to install a wallet somewhere (Windows or Linux, it doesn't matter), it won't a "hard" wallet because by hard wallet people evidently refer to a hardware wallet, which doesn't need to be installed anywhere (apart from putting it in some place, of course). Linux is way more secure than Windows, that goes without saying, but it still doesn't completely exclude the possibility of your coins being stolen. In other words, it is not a panacea...

Correct me if I'm wrong on this

[lakisis]

there is many way to store your bitcoin but i prefer that blockchain because blockchain is very much safe and secure wallet and there is maximum people store their bitcoin so you can store your bitcoin in blockchain and blockchain is very much easy than other wallet.

[Sled]

Store your bitcoins on paper wallets and put them on a water proof plastic bags then put it a safest place you know so you will be able to sleep in night. Don't store your bitcoins on any online sites because they are not fully trusted and there is always a risk of getting hacked of your account so if i were i will just put them on a paper wallet or hardware wallet then i will put them in a safe place.

[grandy]

i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.

But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email.

there are so many trusted online wallet where you can save your bitcoin, but i will also suggest you that keeping all your bitcoin is really risky therefore you should use different wallet for keeping you money.

[KingdomHearts]

you can store your bitcoin in any secure wallet and there is many secure and trusted wallet for storing bitcoin and i also using blockchain wallet and i think its very secure and trusted than other wallet.

[marcoman22]

I store my Btc in electrum wallet. Its very safe and secure to store and i would advice you too to do the same.

[eternalgloom]

Store your bitcoins on paper wallets and put them on a water proof plastic bags then put it a safest place you know so you will be able to sleep in night. Don't store your bitcoins on any online sites because they are not fully trusted and there is always a risk of getting hacked of your account so if i were i will just put them on a paper wallet or hardware wallet then i will put them in a safe place.

When you do this, make sure you do not create your paper wallet through one of those online paper wallet creator services. They could be saving your private keys and you could end up losing all of your coins at any given time.

For creating a secure paper wallet, check this page:
https://en.bitcoin.it/wiki/Paper_wallet

[MMA]

there is many way to store your bitcoin but i prefer that blockchain because blockchain is very much safe and secure wallet and there is maximum people store their bitcoin so you can store your bitcoin in blockchain and blockchain is very much easy than other wallet.

yes there is no doubt about this, but i think Xapo is also one of the most secure and trusted online wallet, they give you some extra security, its transaction fee is almost negligible, i am using it for years and always found it trusted.

[MMA]

i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.

But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email.

yes that is right, i also will suggest you have more than one wallet if you have some good amount of bitcoin, because keeping them all in one wallet is more risky, because hacker can hack your wallet and can take your money, therefore you need to be carefull.

[choppork]

yes that is right, i also will suggest you have more than one wallet if you have some good amount of bitcoin, because keeping them all in one wallet is more risky, because hacker can hack your wallet and can take your money, therefore you need to be carefull.

Having more than one wallet is not enough. Having more than one wallet and then having the same password in all of them would be pointless. Once one of your wallet gets hacked, all of your wallets will be hacked. You're more prone to get hacked then. You should have different complicated passwords as well and then 2FA on each account. Unless your PC or your phone has virus, you will not get hacked. Some people suggest using paper wallet, you should check that out. I think that's more secure than using an online wallet.

[Zadicar]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.

[Sled]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.

Yeah, if you want some secure wallet then hard ware wallets is the best and don't ever trust web wallet because there is a high risk by using that. Or if you want some cheap and high secured wallet then paper wallet might suit for your needs because you just need to create a paper wallet document then print it and keep it to a safe dry place and there you go, You have a cold storage for your bitcoin and you can store bitcoin as many as you can.

[hurain]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.

and if you still want to use online wallet then you should put your bitcoin in blockchain, as bitcoin is the most secure and trusted online wallet system, where you bitcoin will be more safe as compare to other wallets,

[wuvdoll]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.

Yeah, if you want some secure wallet then hard ware wallets is the best and don't ever trust web wallet because there is a high risk by using that. Or if you want some cheap and high secured wallet then paper wallet might suit for your needs because you just need to create a paper wallet document then print it and keep it to a safe dry place and there you go, You have a cold storage for your bitcoin and you can store bitcoin as many as you can.

Hardware wallets are not that safe in my personal opinion, there are risks that your pc could get infected with a virus or a malware, which then he will use it to steal your private key and take all your balance.

Currently I am using online wallets like Xapo and Coinbase, I feel better with them as they have a SMS verification when someone tries to log on from a different IP.

[SHAWN-MIDWAYS]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

of course, you should be considering a secured wallet because you are having a huge amount of bitcoin . if you are looking for highly secured wallet then web wallets can't be recommended for you, maybe you should install a hard wallet to your pc and make sure you won't be attacked by a botnet or any malware . I guess installing a hard wallet on Linux OS especially Tails OS is the best .

Looking at the rate you are acquiring your bitcoins it would be the right time to consider a hard wallet like multibit or  a secure web wallet like blockchain.info and just remember to keep your  mnemonic safe should you ever run into problems with your wallet.

[deisik]

I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.

Yeah, if you want some secure wallet then hard ware wallets is the best and don't ever trust web wallet because there is a high risk by using that. Or if you want some cheap and high secured wallet then paper wallet might suit for your needs because you just need to create a paper wallet document then print it and keep it to a safe dry place and there you go, You have a cold storage for your bitcoin and you can store bitcoin as many as you can.

Hardware wallets are not that safe in my personal opinion, there are risks that your pc could get infected with a virus or a malware, which then he will use it to steal your private key and take all your balance.

Currently I am using online wallets like Xapo and Coinbase, I feel better with them as they have a SMS verification when someone tries to log on from a different IP.

I'm thinking mostly along these lines myself

If you you want a bulletproof method of storing bitcoins and have quite a few of them (which would justify using this method), create a totally offline wallet, encrypt the private key with a password, then print out a few copies and after that save them in different places (a bank deposit box and home safe would be the best choice). If you need your coins on a pretty regular basis, for example, for trading, store some amount in a web wallet with an SMS verification, thereby rendering yourself invulnerable to any variety of viruses, trojans or key-loggers that may infest your desktop computer

[emezh10]

You can store it at Bitcoin Wallet, Blockchain for the safest. And I will suggest that create many wallet if you have a large amount of bitcoin for Protection for hackers. If not one wallet is enough. Store your bitcoins at your wallet and don't share it for anyone for you and your money to be safe.