How do you keep your bitcoins?

[pugman]

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

The best way to keep your coins safe is by storing in a cold storage wallet, or any wallet that gives access to your private keys. Before you make any decision are you sure that ,God forbid,will you be able to face the repercussions if any? Because forgetting your money for like 5-10 years is not a joke. Since you are going for long term,never use an exchange for such purposes.

[Soutogu]

Have them somewhere that provides you with a private key and backup that key to many different places (secure ones! dont leave it on the cloud or an email, thats way too risky).

If you have LOADS of invested capital then i'd suggest taking even further steps to secure everything, like many different wallets.

[wearepoor]

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

I do not prefer you to keep your Bitcoins is online sites like that. It is even better to keep them in an online wallet comparatively , but keeping them is offline wallets is the best. And storing them in different wallets is also better

I am also keeping my bitcoins into the different wallets for the security purpose. I prefer blockchain wallet as their wallets are highly trusted and secured if we compared with others. Some people are also using the offline wallets in order to avoid the online theft.

[Pasabm]

If I already have bitcoin I will not save it but I immediately sell it for the needs.

[olubams]

If I already have bitcoin I will not save it but I immediately sell it for the needs.

There is actually no crime in doing this as you equally helping the market grow by making it liquid.

For me, I learned the hardway when it comes to keeping my coins I had always maintained everything on an online wallet until the day the site just went down without any notification that I was kept waiting for it to come online. Those hours were the longest I could think off then immediately it came back, I moved to hardware wallet which I feel more comfortable with.

[decoder88]

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

I provide some online wallets to keep my coins in safe place.  I have a plan for them and i will use this coins in right time and right things

[dificanovi]

Hopefully bitcoin is always there and continue to grow the next 10 years.
I think store bitcoin better by offline because it can not be accessed by others.
If we want to also save it online, then you must create a private key or password is very complicated so it is not easy to steal.

[Didle1938]

I believe if we enable stand bitcoin then there will be enhanced, I desire to use the bitcoin for investing, pursuing ICO coin so that bitcoin be increased. and it really is been proven over the very last 7 months.

[bololord]

all my bitcoins are safely stored in cold storage. My backup system is very thorough, but insanely secure.

Even if the house burns down I can get access to my bitcoins.

The only sober person in this topic.

If you store a large number of coins in one place it may be it's a wise decision, but 100% security never happens. It is impossible to consider all the risks. I think a more secure solution is to store on different wallets in small amounts.

Thats nice . from now im just earning a bitcoin becuase im a newbie in signature campaign i hope someday i get a lot of bitcoin like you and i will  invest for a long time and wait for the pumping up the value of bitcoin . then i will store to safe storage for assurance.

[karmakeddon]

I store my the bulk of my coins in a cold storage. The private keys for that wallet is stored on different offshore locations. I never store anything in my home. I do keep small amounts of coins in a hardware wallet I carry around with me and also a backup phone that has no service so that it does not connect to the internet. I only connect it to a secure wifi location if I ever need to make some transactions.

[agentx44]

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

Well i store my bitcoins using my online wallets which is very known and trusted wallet here in the Philippines. It's very hard for me to trust another bitcoin wallet because maybe that wallet is a scam that will steal all of my bitcoins that's why i only use two bitcoin wallets named blockchain and coins.ph.

[Bakemat]

I store my the bulk of my coins in a cold storage. The private keys for that wallet is stored on different offshore locations. I never store anything in my home. I do keep small amounts of coins in a hardware wallet I carry around with me and also a backup phone that has no service so that it does not connect to the internet. I only connect it to a secure wifi location if I ever need to make some transactions.

thats good, but for me i store bitcoin in my online wallet, i am pretty sure that that could be good and it is trusted, i put my bitcoins their and im so happy that even though that i didnt invest it i just hold it , it will have a profit and thats good. holding bitcoin is good too, because it will have a profit in just  storing it .

[Momoamzad]

I am planning to use it in a big project to earn more. Till then it is in my bitcoin wallet. 

[pardede]

DOMPET ONLINE COINBASE MULTI-SIG

The multi-sig online wallet is a type of online wallet that uses more than one private key. I will use coinbase multi-signature vault as an example. This wallet works by storing three special keys. The design is very good with the best comfort and security, and you if the provider of the hacked wallet / coinbase goes bankrupt.

This wallet works by having three keys. Blame is held by the coinbase itself. The second is created on your machine, encrypted with a passphrase that is not sent to the coinbase and then the key is sent and stored in their system, this key is a 'shared' key. The last key or 'user' key is only held by you and with a key lock that is encrypted by the user as a backup.

This wallet works on 2 of 3 systems, to pull the coin you put into your online coinbase account and send the keywords to you (behind the scenes) and you simply enter the passphrase to pull it back. If the coinbase goes bankrupt, you can come back with your keywords and third user keywords. If you forget the passphrase, you can provide the coinbase with the user key and your coin decision in that way. This provides comfort and a high level of security, provided that the wallet is installed on a machine that is not problematic. Coinbase is the safest online wallet at the moment and has its own class in terms of security for an online wallet. This wallet is safe for long term coin storage.

[layoutph]

I do save my Bitcoins from a hardware wallet called Trezor. But half of them are now in trading. I trade my Bitcoin to altcoins which I believe can give me more profit and more Bitcoins.

[in00]

nano ledger

[tanginamoo]

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

     I usually I parted my money in three parts. First part is where I took part for my tithes. Tithes is the tenth of my money that belongs to God. Then another part is where I took for my investments. I usually put 50-60 percent of my earned money and bitcoin to investment. For it to grow and be doubled. Then the remaining part of my bitcoin I save it until bitcoin's price become high.

[Pleione527]

I don't maintain large amount of bitcoin in my online wallet I just convert them into fiat and put in my bank accounts. I am planning to invest in bitcoin maybe when the price goes low and put them in an offline wallet that's what I think is the safest place for bitcoin especially if they are large amount and your keeping them in a long term period.

[romeitaly]

I store my bitcoins in a wallet, it is coins.ph and there I store up my earned bitcoins. When I don't need to cash out money, I just keep my bitcoins there. It is safe and reliable to use, and also, easy to understand how to use it. For now, I haven't verified my account so I can't cash out my bitcoins.

[longpro098]

For me, I prefer to store all my coins in different places.
For example, 3-4 wallets, altcoin desks, and if possible invest in some projects.

By the way, I believe my money will be safe and by the time I will also get some profit from trading and investing.