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Author Topic: How do you keep your bitcoins?  (Read 48734 times)
steampunkz
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April 05, 2017, 02:19:08 AM
 #141

I keep my bitcoins in my online wallet (coins.ph) But I have also bitcoin in my other faucets sites which I'm letting it grow before i Withdraw. Also I have Little investment in a revenue site that is good actually, Because I have doubled my 0.02btc in 2 months now. But I'm still re investing it to earn more.

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April 05, 2017, 10:22:37 AM
 #142

I use wallets to store my coins - both online and offline. Online wallets are generally considered to be vulnerable to theft but still a vast majority of people is using them without any issues. As long as you don't publicize your private key, you are safe. As someone who has used both the wallets, I would suggest cold storage (offline wallets) since they are immune to any sort of cyber attack and offer more security than their online counterparts.

If you don't trust either, then I would recommend you to receive Bitcoin at your Bitcoin address and get them converted to fiat ASAP.

There is always more to learn about Bitcoin at www.btcwonder.com
mmo_online_1981
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April 08, 2017, 05:48:10 AM
 #143

I keep all coin in my Mutisig wallet ( letter key with 3). It is need two or more Private key to confirm Transactions
I think is good than used one private key to confirm Transactions
rooster2000bka
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April 08, 2017, 05:52:56 AM
 #144

I keep all coin in my Mutisig wallet ( letter key with 3). It is need two or more Private key to confirm Transactions
I think is good than used one private key to confirm Transactions
I used Mutisig wallet, but everybody can share me good Mutisig wallet?
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April 08, 2017, 06:16:39 AM
 #145

I keep my bitcoins in my online wallet (coins.ph) But I have also bitcoin in my other faucets sites which I'm letting it grow before i Withdraw. Also I have Little investment in a revenue site that is good actually, Because I have doubled my 0.02btc in 2 months now. But I'm still re investing it to earn more.
I think it is good if you find another kind of source of income and abandon faucets because it is not a good site to get bitcoins because they only give low rates and it will take you a lot of time to just get 0.001 bitcoin. Your investment site is good because you already doubled your money but as a reminder, don't be greedy in investing because you might disappointed in the end. Invest what you can afford to lose.
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April 08, 2017, 06:25:42 AM
 #146

I keep my bitcoins on a offline wallet which I keep just to store, otherwise I have my bitcoins on localbitcoins(low volume) in case i'm outside and need some money in my bank account. It works very well for me and I'm very happy with it as of now. Smiley
I always store my bitcoins in my electrum wallet.I would recommend it as safest wallet.A seed is generated while opening a new account which can be used to recover our account in future.I use localbitcoins to sell my bitcoins.
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April 08, 2017, 06:31:57 AM
 #147

By using the wallet that has been trusted and tested security where the wallet has a lot to give satisfaction to users and do not forget to also use the password that is difficult for others yet easily remembered by the user wallet
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April 08, 2017, 06:34:23 AM
 #148

I prefer online wallets, because it gives the easiest accessibility. I don't always hold my lap along with me. This makes me to use online wallets than offline wallets.

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megynacuna
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April 08, 2017, 06:44:39 AM
 #149

Get a copy of the Bitcoin core on your desktop (multibit) and save your private keys on a pen drive or trusted Harddrive and have it deposited in your bank or a personal safe you can manage well yourself. I think that's pretty good way to save it.
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April 08, 2017, 06:47:06 AM
 #150

I just prefer blockchain wallet because it's official and there's no fear of fraud and getting scammed or any money laundering policies. It's safe for me. Thanks blockchain for being here on the world.
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April 08, 2017, 06:57:35 AM
 #151

I prefer online wallets, because it gives the easiest accessibility. I don't always hold my lap along with me. This makes me to use online wallets than offline wallets.

Online wallet was the most efficient way now for storing bitcoin since bitcoin holders nowadays are preferred to do short trading rather than just wait for a year. I preferred online wallet too since my bitcoin is just small amount and I always buying on online merchant using bitcoin as mode of payment. Offline wallets sometime are too complicated especially for a computer that has a poor performance, Syncing of wallet takes time and too much electricity. At last, I love online wallet because i can access my bitcoin through my mobile phone anytime and everywhere that has an internet connection.

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April 08, 2017, 03:23:51 PM
 #152

I like to have Bitcoins placed in my wallet from time to time only because the coins remain more secure compared to the online exchange. Since we've all been seeing the online exchanges getting hacked and websites being offline -Bitcoins are extremely valuable for some reason and I think that those with Bitcoin should try to store them in a safe place before something bad happens.
A Bitcoin file stored on a hard drive encrypted with a password is the correct method to storing Bitcoins.
because the online exchange is not a wallet they have any control over your bitcoin. especially a lot of exchange which had been a scam. of course it will not make a secure store in exchange

Of course, you speak the truth, most of the online exchange are scam. I don't know why most of the people are using it and save their bitcoins into exchange. But i also save my bitcoins into my wallets and it is best for me.     
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April 08, 2017, 05:34:28 PM
 #153

I keep them in a secure online wallet.I don't store them on exchanges,as there were a lot of examples in the past how this could lead to some unpredicted situation,such as exchanges running away or closing.Better to have control over your BTC,that's why you have to be organized and prevent a possible attack

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April 08, 2017, 06:51:41 PM
 #154

I prefer online wallets, because it gives the easiest accessibility. I don't always hold my lap along with me. This makes me to use online wallets than offline wallets.
yes i also like online wallet. as it is one of the most convenient way of using bitcoin, in fact we do not need for any bank to use for keeping our bitcoins. it is really very easy to use bitcoin through online wallet.
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April 09, 2017, 02:03:25 AM
 #155

As of the moment some of my bitcoin are on trading site since I'm still trying to gain more profit out of trading. I am also using online wallet if in case i wan't to cash out some bitcoin. In the near future if my investment will grow I guess that would be the time for me to store my bitcoin in more safe and secure place like offline wallet.

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April 09, 2017, 03:06:21 AM
 #156

If you are going to invest big amount of money in Bitcoin, you might as well need to invest some to the security for it. What I'm currently doing is that I'm storing my bitcoin in a hardware wallet named as Ledger Wallet. I think, the security of a hardware wallet is second to none if your know what you're doing. Ledger wallet has many products and you should check them out to see what will suit your need. You could also try Trezor wallet. Trezor is also well-known as Ledger wallet in the hardware wallet industry.
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April 09, 2017, 03:18:16 AM
 #157

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs


Hey,

Currently i am using an online wallet to store my wallet. But using ledger wallets are much safer than any other wallet to store your btc...You never know that when your trading platform crashes or your wallet get hacked but storing you Bitcoins In ledger wallet keeps them safe from falling into any malicious hands..Currently i don't have much btc's but when i will have one i will surely buy a ledger wallet..It's the safest wallet..and if you are planning to keep some of your btc to yourself at some safe place to reap the benefits in future then surely ledger is your cup of tea  Cheesy here's the link of amazon where you can look at it : https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=ledger+btc

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April 09, 2017, 03:23:03 AM
 #158

If youre planning to drop a thousand dollars on bitcoin and just store it i would really recommend using harddrives or usb as wallet.Do not trust online wallets for that long time,they may be get down and got hacked.The safest storage you can ever get for storing to 5-10 years is in hard drives or usb drive.

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April 09, 2017, 06:16:21 AM
 #159

I have less amount of Bitcoins, so I keep them at Various Web Wallets. Kepping it depends on how big the amount is, more the amount, you should increase your security by using different kind of wallets.And as mentioned, Physical wallets are kind of best, but it is also vulnerable, from like thefts, loosing it.
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April 09, 2017, 06:56:23 AM
 #160

Keeping coins at online not a bad idea also, if you have not a huge amount of them, but for safety you can make some "cold storage" wallets where you can save your bitcoins on paper. But online wallets have 2 factor authentication, which gives you a chance to lock your phone like a second verify process to access your wallet, which always help save your account from hackers


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