How do you keep your bitcoins?

[meelvanchris]

i am once in a week user of bitcoin that is hardly 1 or 2 times I had to open my wallet for checking transaction for payment of signature campaign and sometimes to send money to friends or whatever.

The fact is if we hold high amount of bitcoins then we would keep on checking our bitcoin balance every now and then as we want to make sure that our bitcoins are safe in wallet but if we don't have enough coins then we won't be that active in checking our balances on daily basis.

[BitcoinPC]

I also think online wallet is not that safe as other people stated here and some advised you to use offline wallet I guess it is not what you are looking for because offline wallet will just store your coin. I guess investing your money will be good to you so the chances of earning them in 5 - 10 years is good and for sure you have monthly interest.

[Zadicar]

i am once in a week user of bitcoin that is hardly 1 or 2 times I had to open my wallet for checking transaction for payment of signature campaign and sometimes to send money to friends or whatever.

The fact is if we hold high amount of bitcoins then we would keep on checking our bitcoin balance every now and then as we want to make sure that our bitcoins are safe in wallet but if we don't have enough coins then we won't be that active in checking our balances on daily basis.

It does depend on what kind of person you are and which wallet you do use on storing your coins and you do have point if we hold huge amounts of bitcoin we will regularly check our wallet if those bitcoins are fine or didnt decrease amounts but if we are confident on how secure our wallet are we wont really need to do such thing.

[ManOnTheMoon]

I also think online wallet is not that safe as other people stated here and some advised you to use offline wallet I guess it is not what you are looking for because offline wallet will just store your coin. I guess investing your money will be good to you so the chances of earning them in 5 - 10 years is good and for sure you have monthly interest.

There is a chance that your online wallet may get hacked by the hackers which will result in loosing your bitcoins I haven't experienced that so far but why to take risk as anything is possible in online world so better choice is to keep them safe in offline wallet.

[bryant.coleman]

When I started collecting Bitcoins in 2012, I was storing all of them in an online wallet named Instawallet (it closed down in 2013). Then I moved my coins to my BTC-e wallet. In 2014, after the Mt Gox theft I decided not to store my coins in any of the exchange wallets. So I moved them again, this time to Blockchain.info wallets. Later that year, I created paper wallets and moved all of my remaining coins to these wallets. For the last 3 years, my coins are stored in a few paper wallets.

[mastermold]

I spread mine out between offline paper wallets, my Android wallet, my PC wallet, and a couple online wallets. There is a trade-off between security and convenience. Paper wallets are the most secure, but to do anything with them, you have to sweep the wallet, wait for confirmation, etc. By spreading out your holdings, you protect your holdings by reducing your exposure to any one wallet being compromised. Unfortunately, I had to learn this the hard way

[teilwalL05]

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 would never trust any online wallet to increase your Bitcoin I would probably do it my own and that is by hard work and I think it is pretty safe if you are the one too guard your bitcoin, I would invest in the forex industry in that way I can bet up to different commodities and currency if the value of it would go up or down.

[TheGodFather]

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

Im keeping my bitcoins for the future. To make a large investment as well. Im also keeping my bitcoin to use it after halving. And I know the price of bitcoin will rise again. Im just slowly earning bitcoin just to be safe. Im also using my bitcoin to transfer my money from one currency to another. Im keepingmy bitcoin for the best.

[mikecgna]

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

Im keeping my bitcoins for the future. To make a large investment as well. Im also keeping my bitcoin to use it after halving. And I know the price of bitcoin will rise again. Im just slowly earning bitcoin just to be safe. Im also using my bitcoin to transfer my money from one currency to another. Im keepingmy bitcoin for the best.

I also expect almost $ 2k by the end of this year. Perhaps the trend will continue and bitcoin will gain momentum, to increase the price. I look at some negative points about the attention of the government to the crypto currency. This can affect both negatively and positively.

[Sled]

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

Im keeping my bitcoins for the future. To make a large investment as well. Im also keeping my bitcoin to use it after halving. And I know the price of bitcoin will rise again. Im just slowly earning bitcoin just to be safe. Im also using my bitcoin to transfer my money from one currency to another. Im keepingmy bitcoin for the best.

I also expect almost $ 2k by the end of this year. Perhaps the trend will continue and bitcoin will gain momentum, to increase the price. I look at some negative points about the attention of the government to the crypto currency. This can affect both negatively and positively.

$2,000 price for bitcoin by the end of this year is so easy to reach for bitcoin because we can see now that we are close to $1,300 and then it will reach $1,500 and then $2,000. We don't need to worry about the attention of the government for the cryptocurrency because i believe that it will be positive because if the trend pops then they will see the positive effect of bitcoin to the users of it like having a faster transactions which can trigger the government to adopt it.

[deppil]

I also think online wallet is not that safe as other people stated here and some advised you to use offline wallet I guess it is not what you are looking for because offline wallet will just store your coin. I guess investing your money will be good to you so the chances of earning them in 5 - 10 years is good and for sure you have monthly interest.

nope i own using an online wallet since it was first located in bitcoin 2 years ago. I use Coinbase and use c-cex for saving
but until now they never deceive me. it has been proven safe

[stevano]

if you plan like that I guess it was fraught with risks, if any coin that within a few years after you invest and it turns out the coins left by users, that's what often happens in the investment coins are not good. you should invest only in bitcoin it would be safer and more profitable

[Kolder]

I also think online wallet is not that safe as other people stated here and some advised you to use offline wallet I guess it is not what you are looking for because offline wallet will just store your coin. I guess investing your money will be good to you so the chances of earning them in 5 - 10 years is good and for sure you have monthly interest.

nope i own using an online wallet since it was first located in bitcoin 2 years ago. I use Coinbase and use c-cex for saving
but until now they never deceive me. it has been proven safe

it will only vary on the security and the way the owner access their wallet. I used online wallet and its quite good. It have lots of features and ensures security . We just need to be extra careful and make two wallets for more security.

[mornabo]

I put it in my online wallet.My wallet is need confirmation or verification if you need to open.I keep it in wallet that sure my bitcoin is safe and secure.Coins.ph is the name of my wallet that totally secure your bitcoins.

I also use authentication to my wallet before entering to my wallet I must verify via SMS. of course it will be very safe for my wallet
proved so far no one can steal my bitcoin

[Babayega31]

I put it in my online wallet.My wallet is need confirmation or verification if you need to open.I keep it in wallet that sure my bitcoin is safe and secure.Coins.ph is the name of my wallet that totally secure your bitcoins.

I also use authentication to my wallet before entering to my wallet I must verify via SMS. of course it will be very safe for my wallet
proved so far no one can steal my bitcoin

I’ve use it for loading my mobile phone number for spending and bitcoins at online my wallet I am holding it for a week and I will cash out afterwards. The fiat cash in hand I would choose to store it in my saving account at the bank for important and rush purposes and the remaining btc balance will remain for next holdings. No one can hack it using offline savings because its so secured.

[ipungadhi]

I put it in my online wallet.My wallet is need confirmation or verification if you need to open.I keep it in wallet that sure my bitcoin is safe and secure.Coins.ph is the name of my wallet that totally secure your bitcoins.

it was a good effort to secure your bitcoin dude although hackers had managed to take control of your email but if you use authentication such as sms authy. they still will not be able to get in and steal

[crwth]

I put it in my online wallet.My wallet is need confirmation or verification if you need to open.I keep it in wallet that sure my bitcoin is safe and secure.Coins.ph is the name of my wallet that totally secure your bitcoins.

it was a good effort to secure your bitcoin dude although hackers had managed to take control of your email but if you use authentication such as sms authy. they still will not be able to get in and steal

What I'm concerned about is that they have control over it, there is no assurance in your money but I know they are trustworthy enough. It's just better to hold your bitcoins in a cold storage that you have the private keys so that you know it's you who has control.

[aardvark15]

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 suggest that you store you coins in an offline wallet. I don't trust any exchange with a large amount of coins. I got scammed by Cryptsy last year that way.

[Labumi]

When I started collecting Bitcoins in 2012, I was storing all of them in an online wallet named Instawallet (it closed down in 2013). Then I moved my coins to my BTC-e wallet. In 2014, after the Mt Gox theft I decided not to store my coins in any of the exchange wallets. So I moved them again, this time to Blockchain.info wallets. Later that year, I created paper wallets and moved all of my remaining coins to these wallets. For the last 3 years, my coins are stored in a few paper wallets.

The trip quite tiring. Why would you not choose Save bitcoin into PC or Flash you.?? . because according to my experience, purses offline much safer and has a very small level of theft (if your network or your device is not exposed to the virus). And how do you make the bitcoin in your life ..?? whether you use the bitcoin for investment or just want to know about the workings of the bitcoin. >?/
 

[Text]

I think offline wallet is the safest among the rest, it prevents from scam that usually done by exchanges. But I trust my local exchange because it requires our identification. But I am not sure we can trace them or file a complaint once they scam us.