online wallet vs home computer?

[ThePrisoner]

At the moment, I have an online wallet at blockchain.
Is it safer for me to use a wallet on my own computer?
If so, what is the best way to do that and how do I go about backingit up?

[deadweasel]

At the moment, I have an online wallet at blockchain.
Is it safer for me to use a wallet on my own computer?
If so, what is the best way to do that and how do I go about backingit up?

https://bitcoinarmory.com/using-offline-wallets-in-armory/

[mantler]

Safer to keep your BitCoin on your offline wallet as long as your careful, and you can back it up right from the Bitcoin-qt cliet, just click backup wallet, and choose where to save it.  Preferably on a different hard drive.

[skirder]

how do you go about syncing the wallet and getting the address?

[DannyHamilton]

As long as you are maintaining proper backups, and using a secure enough password, blockchain.info is only slightly less secure than Electrum and MultiBit.  The three of them are so close as far as security is concerned, that your particular usage habits have a much bigger effect on security than anything intrinsic to the wallet.

Assuming you know what you are doing and are careful, the most secure wallet is a paper wallet.  Next would be Armory.  After that Bitcoin-Qt.  Then the three popular lightweight wallets (Electrum, MultiBit, and blockchain.info). The least secure of all is any "shared wallet service" such as MtGox, Coinbase, BitFloor, and mining pools.

EDIT: As of 2013-04-17 BitFloor has ceased all operations.

[niteryder]

I just dump for cash and  run.

[newwt]

I just dump for cash and  run.

Or we can hold it for a few months and dump for even more