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Author Topic: How do you keep your bitcoins?  (Read 48734 times)
boyptc
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May 05, 2017, 01:41:23 PM
 #401

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

Are you sure that you are keeping your bitcoins at yobit.net? There are a lot people that are complaining about that trading site. So if I were you, think again because in the end you will have problem on it when you are experiencing withdrawal problems.



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Rainbot
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May 05, 2017, 04:52:35 PM
 #402

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

Are you sure that you are keeping your bitcoins at yobit.net? There are a lot people that are complaining about that trading site. So if I were you, think again because in the end you will have problem on it when you are experiencing withdrawal problems.
There is an opinion that you need to keep your wallets on a flash drive, because it gives you the opportunity to save your money and prevent unauthorized entry into the wallet. Of course Which currencies to keep their coins is already a purely personal matter, But I would like to hear advice.
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May 05, 2017, 05:36:42 PM
 #403

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

I am not agree. I use the fist one among all that you called and I noticed that they raised their fees for withdrawing together with raising of bitcoin's price. I think it's just not fair. So I can't call it as user friendly.
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May 05, 2017, 05:39:51 PM
 #404

I think it's better to keep bitcoin in btc wallet maybe it's a bit safer
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May 05, 2017, 05:45:38 PM
 #405

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

Are you sure that you are keeping your bitcoins at yobit.net? There are a lot people that are complaining about that trading site. So if I were you, think again because in the end you will have problem on it when you are experiencing withdrawal problems.
I've also heard the same bad sounds against Yobit.net even if you follow the threads on the altcoins section you'll find many complaints against this exchange site like poor support, user also experience of withdrawal problem and more. It's not good suggest to keep our Bitcoin such of this third party site, more better keep it cold storage.
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May 05, 2017, 05:49:29 PM
 #406

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

okay dude. Hope that you will soon lose all of your Bitcoin so that you can understand there is no place as safe as our own wallet. Holding our bitcoin in our hands is the most important things to know why using this crypto





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May 05, 2017, 05:50:28 PM
 #407

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May 05, 2017, 10:37:21 PM
 #408

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

okay dude. Hope that you will soon lose all of your Bitcoin so that you can understand there is no place as safe as our own wallet. Holding our bitcoin in our hands is the most important things to know why using this crypto

I agree with you. There is no safe place to keep your bitcoin than your own wallet. So avoid to keep your bitcoin outside your wallet because it's too risky to lose it.
By the way, even if you keep your bitcoin in your own wallet is not safe enough. I advise people to divided there bitcoin in different trusted wallets.

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May 06, 2017, 03:54:49 AM
 #409

I think if we let stand bitcoin then there will be increased, I prefer to use the bitcoin for trading, following ICO coin so that bitcoin be increased. and it's been proven over the last 7 months.
I also agree with you. I will not let my bitcoin idle and not be used for any thing. I better use it for capital so it can grow it and it will benefit you.

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May 06, 2017, 05:20:07 AM
 #410

I think if we let stand bitcoin then there will be increased, I prefer to use the bitcoin for trading, following ICO coin so that bitcoin be increased. and it's been proven over the last 7 months.
I also agree with you. I will not let my bitcoin idle and not be used for any thing. I better use it for capital so it can grow it and it will benefit you.

Yes don't put your bitcoin and stuck it into your bitcoin wallet because it will be just a waste of time because you can use it to grow it fast and you can earn interest if you invest it into a right company. Holding bitcoins is just for busy rich people because they can earn a hundred dollars if they have a hundred bitcoins in their wallet by just a small movement for the price.
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May 06, 2017, 05:30:54 AM
 #411

btc rate is high so now i don't keep. present time i sell my btc. after some time when btc rate is low. i buy and keep. i keep my btc online wallet. it' s trust wallet.


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May 06, 2017, 05:43:01 AM
 #412

I suggest keeping a few paper wallets (cold storage) in a few different places. 0.01 to 0.1 Bitcoin in a variety of paper wallets, small amount on a TorWallet.com, hardware device like KeepKey.com, also blockchain.info for your virtual wallet when you pick up from LocalBitcoins.com. Keep them out of exchanges, just use them to purchase then move Bitcoin and other crypto as quick as you can to an environment where you keep control. Remember if you don't hold it, you don't own it.  Wink
crwth
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May 06, 2017, 08:33:50 AM
 #413

I suggest keeping a few paper wallets (cold storage) in a few different places. 0.01 to 0.1 Bitcoin in a variety of paper wallets, small amount on a TorWallet.com, hardware device like KeepKey.com, also blockchain.info for your virtual wallet when you pick up from LocalBitcoins.com. Keep them out of exchanges, just use them to purchase then move Bitcoin and other crypto as quick as you can to an environment where you keep control. Remember if you don't hold it, you don't own it.  Wink
It's a nice strategy to do and it's good to benefit from it from the price is low and just keep some just for saving. It's definitely a way to go. I understand this because I have different eallets that has different amounts and the good thing is, it's okay to just wait for the transaction if you keep it in a cold storage, you can pay the fee as low as you want because you wont need the bitcoin at an urgent time anyway.

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boyptc
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May 06, 2017, 09:57:34 AM
 #414

I keep my bitcoins and altcoins in trading website like yobit, cryptopia, livecoin, etc. because this websites are user friendly.

Are you sure that you are keeping your bitcoins at yobit.net? There are a lot people that are complaining about that trading site. So if I were you, think again because in the end you will have problem on it when you are experiencing withdrawal problems.
I've also heard the same bad sounds against Yobit.net even if you follow the threads on the altcoins section you'll find many complaints against this exchange site like poor support, user also experience of withdrawal problem and more. It's not good suggest to keep our Bitcoin such of this third party site, more better keep it cold storage.

There's a lot of them, just visit the scam accusations board and you'll see a lot of people are complaining about their balance on yobit but most of them are from alt coin wallets but still you should be cautious with that trading site, it's very unsafe to keep your bitcoins there. But still that's your bitcoin, you may store them whatever you want to prefer.



.
.BIG WINNER!.
[15.00000000 BTC]


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May 06, 2017, 10:59:49 AM
 #415

currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now. Smiley

I also used it. But right now i used coins.ph as my wallet to keep all the bitcoin that i earned here. This is the thing that i know to keep my bitcoins so that when i need money i can cash it out easily. And when my friends need it i can send some of my bitcoins for them. There are many wallets that you can keep your bitcoin but be sure that this is safe so that you will not lose it. Its better to have an wallet so that you can save it and you can get easily when you need it.



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May 06, 2017, 11:58:30 AM
 #416

I don't have a lot of bitcoins in my holdings so i just decided to put it on online wallet so i can use it anywhere with their app and i can use it easily rather than having an expensive hardware wallet which is good for people who got a lot of bitcoins to secure. I'm planning for next year to start getting a hardware wallet because this year, my plan is to collect bitcoin as many as i can.

R


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May 06, 2017, 02:52:17 PM
 #417

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

for me i save it on local exchanger but for 5-10 years this is very high risk man.. i do not recommended you to save it for long time like 5-10 years . because nobody know about the price of bitcoin in the future Smiley
Do not put your bitcoins in local exchange because even for just a few days it will still be risky for you because exchangers are very attractive for the hackers to hack and get money from that. It is better if you just buy hardware wallet and just put your bitcoins there and it is safer than local exchange and some of the hardware wallets are virus and malware proof so you are very safe.
i agree with you but so far save bitcoin on local exchanger still safety although this is very high risk , this is can use every body if haven't money enough to buy hardware..
Of course, no one should ever leave their coins on exchange not only because they are the first target for hackers, but anyone who you have ever exchanged with will have access to your address which means they can get your private key, I heard stories about someone losing their whole coins on an exchange sites, I am not sure if it was a bug or the guy get unlucky but either way you should never leave it on exchange.

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May 06, 2017, 03:31:23 PM
 #418

I don't have a lot of bitcoins in my holdings so i just decided to put it on online wallet so i can use it anywhere with their app and i can use it easily rather than having an expensive hardware wallet which is good for people who got a lot of bitcoins to secure. I'm planning for next year to start getting a hardware wallet because this year, my plan is to collect bitcoin as many as i can.
Online saving of bitcoins isn't safe as the websites can be hacked and due to which you will loose all your bitcoins.
You should look for offline wallets even if in your case you are having very few bitcoins.

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May 06, 2017, 03:35:24 PM
 #419

Any wallet is good until your holdings get sizeable.  Then definitely a hardware wallet.
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May 07, 2017, 08:32:13 AM
 #420

I think if we let stand bitcoin then there will be increased, I prefer to use the bitcoin for trading, following ICO coin so that bitcoin be increased. and it's been proven over the last 7 months.
I think it's also a good thing to take advantage of bitcoin for trading, investments or the like to make a profit. But it would be better also if you have a save plan anyway
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