How and where do I store my bitcoins?

[virtualkeybuyer]

From a few months I have my bitcoins in my online wallet blockchain.info and I did not faced any issue from there so I decided to keep remaining them there I they are safe there till now so if anyone let his coins to any online wallet then it will also be not bad but in that you have to keep in mind that you will give control to a third person for your bitcoins. besides this I do not have any other fear. But still the better is that you adopt a desktop wallet.

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[1enterthebtc]

If you have never been hacked, you probably dont know much about security. The reason I say that is because when I got hacked i did a ton of research and now I am pretty knowledgeable. There is a lot to know and it changes. Like today i read about a vulnerbility  that lest hackers get into your gmail account with no password. IOS and android are both vulnerable. You have enough BTC where you should spend some time educating yourself. Nest of luck.

[john2231]

If you have never been hacked, you probably dont know much about security. The reason I say that is because when I got hacked i did a ton of research and now I am pretty knowledgeable. There is a lot to know and it changes. Like today i read about a vulnerbility  that lest hackers get into your gmail account with no password. IOS and android are both vulnerable. You have enough BTC where you should spend some time educating yourself. Nest of luck.

Honestly it so different right now from before because we are weak in security and we can increase our passphrase just to protect more our account..
It is hard to hack the accounts right now via brute forcing. and i think even phishing is hard to get any account by someone because they knows it.. or even  you can get their account and password if you login to the site with high secured if your ip is not well known the account will be lock automatically.

[Xenophoto]

If you have never been hacked, you probably dont know much about security. The reason I say that is because when I got hacked i did a ton of research and now I am pretty knowledgeable. There is a lot to know and it changes. Like today i read about a vulnerbility  that lest hackers get into your gmail account with no password. IOS and android are both vulnerable. You have enough BTC where you should spend some time educating yourself. Nest of luck.

Really? I'd say the reason why people aren't hacked yet was because they researched first how to make their funds secure and they don't blindly click suspicious links from the internet. Just a quick research can make your wallet much secure than before. If you're using PC, I recommend installing MalwareBytes so the suspicious websites will be blocked when you visit it. I've been using this antiVirus for a while now and everything's good. There are no worms, trojans, or autorun virus in my PC anymore.

[prtty2gal2]

The principle is not all eggs in one basket.
An offline wallet; paper based or HD wallet for savings. This is not for everyday usage.
A PC wallet if our job demands the daily transactions with our clients
A web wallet for small expenses. Sometimes this is pairing with smartphone.

yes that is right to say i am agree with you that is too much dangerous and risky if you are going to put all your bitcoin in one wallet you should use multiple wallets to distribute your bitcoin in it, through this way you can minimize the risk of your whole bitcoins from hacking.

It is better to store bitcoin in different wallets especially if you have some large number of bitcoins, as there is always a risk of hacker who can hack your bitcoin wallet therefore it is good to distribute bitcoin in different wallet so as to minimize the risk of losing all at once.

I always store my bitcoins in directbet's casino wallet and little amounts on blockchain. You might be wondering why ? because of two things first of all directbet has paid me over 10btcs in bets earlier and hence I trust them more than anything else. And they have a email confirmation system for every withdrawal so no issues at all of hack.

[Fatanut]

I always store my bitcoins in directbet's casino wallet and little amounts on blockchain. You might be wondering why ? because of two things first of all directbet has paid me over 10btcs in bets earlier and hence I trust them more than anything else. And they have a email confirmation system for every withdrawal so no issues at all of hack.

Unless if your email is the one that got hacked. He can simply use the "Forgot my password" feature to get onto your directbet account. The email confirmation system is nothing to him now since he's in control of your email. I haven't tried directbet but I do hope that they have a 2FA feature so even when your email got hacked, he still cannot withdraw your money or log in to your account. But it would be really bad for you if there's also a forgot 2FA feature on the website and then the directbet just sends an email regarding about it to your email.

[doomistake]

It is hard to say where to store our bitcoin in a safe place because there are no such thing like that here in this world. Blockchain, and those wallets that you are mentioning are all the same. Maybe it is safe for now but who knows what might happen to that wallet in the future. There's no impossible for those black hat hacker, they are just studying a certain stuff and they are taking all the time that they need to hack that certain stuff. We all know that bitcoin worth of $100 million has been stolen in the block chain years ago and it is possible that it might happen again.

[Monnt]

To keep our btcsecure even a big or small amount we must always consider that we cant trust any sites or apps that much , this apps were all controlled by a developer though there are still some that is really trusted. Try to portion it on diffrent wallets or why not consider investing on different andreliables investment sites its like storing too jut dont put all in one investment.

No man, I would never invest my big amount of bitcoins even in different sites because its fine if its 1-2 bitcoins but suppose for those who have like 100 - 200 bitcoins would they or even us be able to digest a loss of around 10-20 bitcoins in a scenario a site scams.
I think using online wallets for storing big amounts means you are risking, better use offline wallets and less often open them.

[dothebeats]

I generally keep my bitcoins in a HD wallet, preferably electrum, and some of my spending coins in an iOS wallet (which kinda sucks since there are only a few options to choose your wallet from)   Most of the time, I only encrypt my mobile wallet and then create multiple copies of the backup in some flash devices.

[deisik]

Yeah, you should definitely be considering a secure wallet. I suggest a hardware wallet like Trezor. It's more safe and it lowers the chance of being hacked by something like a key-logger.

I never understood people using hardware wallets. What if it breaks, does it mean that all coins that are associated with this wallet are lost? But if you copied your keys somewhere else (e.g. wrote them down on paper), what's the purpose of using a hardware wallet then? I think the safest way to store your bitcoins is to create a vanity address on an offline computer, encrypt the keys with a password, and then print them out on paper making a few copies. One copy you put in a safe, another in a bank deposit box...

What did I miss exactly?

[michnelli6]

Take the advice and cold store them mo fos. That's way too much to be storing on a cell phone.  Spose it's a good thing you isn't gambling them all away.   You got what we call luxury problems my man.

Yeah storing on cell phones is not that safe plus being the coins all time in front of your eyes you might get tempted and spend them.
I prefer storing bitcoins in my core wallet and I have the important file for the wallet save din my D disk which doesn't get formatted even when I reboot

[aardvark15]

To keep our btcsecure even a big or small amount we must always consider that we cant trust any sites or apps that much , this apps were all controlled by a developer though there are still some that is really trusted. Try to portion it on diffrent wallets or why not consider investing on different andreliables investment sites its like storing too jut dont put all in one investment.

No man, I would never invest my big amount of bitcoins even in different sites because its fine if its 1-2 bitcoins but suppose for those who have like 100 - 200 bitcoins would they or even us be able to digest a loss of around 10-20 bitcoins in a scenario a site scams.
I think using online wallets for storing big amounts means you are risking, better use offline wallets and less often open them.

I agree with this because you can never trust online storage or exchanges. It's too easy for them to take your money or go out of business. If you store them on a hard drive, what if something happens to it? The best solution is to store Bitcoin on a paper wallet an keep the address and private key in a safe.

[richmcrich]

Me, i have two wallets and one local wallet. I dont want to store my btc on one bitcoin wallet. So when the wallet encounter trouble, im able to switch with the other. Also i dont guarantee my btc is safe thats why im using these wallets. My local wallet is very useful, so i suggest you must use one. My local wallet very versatile. You can pay bills, prepaid load and convert btc into cash. Im not gonna use my btc without this.

That's a nice idea because for me often blockchain.info is offline and hence I would also use a secondary wallet.
I think for storing huge amount of bitcoins its always best to store them in offline wallets, because if you are a miser and never use it, then you might suffer big one day.

[fortunecrypto]

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?

You really need to consider getting a more safer wallet like electrum or trezor and do not put all your eggs in one basket,I understand that you are just want to buy and store for future wallet so you don't need an online wallet but if you decide to have one,only keep a small amount.

[buwaytress]

Use Electrum wallet for as your hot wallet that you can use to pay for your daily expenses. I would suggest purchasing raspberry pi and use Electrum offline from there with your desktop wallet being the wallet that broadcasts and make raw unsigned transactions.

It would save you a lot more money than purchasing hardware wallets and it can be secure enough.

Yeah I like Electrum as well as it's very lightweight and a fantastic option for fuss free hot wallets. If you're a passive trader as well with no real need for time sensitive transactions the manual fee option is also great.

I've saved about 5% in fees using low priority transacts on my Electrum.

[Wowcoin]

Me, i have two wallets and one local wallet. I dont want to store my btc on one bitcoin wallet. So when the wallet encounter trouble, im able to switch with the other. Also i dont guarantee my btc is safe thats why im using these wallets. My local wallet is very useful, so i suggest you must use one. My local wallet very versatile. You can pay bills, prepaid load and convert btc into cash. Im not gonna use my btc without this.

We both use local wallet i have two wallet also blockchain and local wallet. I used blockchain to earn and transation to my business buy and sell and i stored them in blockchain. Then i use too the local wallet to convert the bitcoin into cash.

[digaran]

Never store all your coins in one wallet or address, always find the private key for each address after depositing and keep them both in a text file like notepad and even print them on paper.
Though best thing would be to just send bitcoin to an address without ever using it doing transactions.

[Ewinsane]

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.

[brian_23452]

just like the other way in which money is been saved in the bank so also when one get to know about bitcoin he or she is been ask or require to have a wallet account in which they can store their their bitcoin  and have a strong password to which they can have access to at any given point for their transaction.

[Idrisu]

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.