How do you keep your bitcoins?

[Lecam]

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 stored my bitcoin in blockchain wallet. Think this is the one of the safest wallet so i choose blockchain.  Then some in trading site to roll and to make profit by doing trade in altcoins.

[Loganota]

Part of my Bitcoins are on Electrum (low quantity for quick use) and most of it is in a paper wallet. There is bit in the poloniex to trade altcoins, always counting on the risks involved.

[meemiinii]

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 for me, basically i do store my coins to an online wallet called coins.ph.. this is very convenient for me since they have physical office here in the philippines. incase there will be a problem, i can visit them in their office. so im a bit carefree of my coins since i trusted them. moreover, i also have some of my coins in an exchanger so that i can go on trading then if i gain profit ill send it right away to my coins.ph cause its a bit unsafe to store your coins on a certain exchanger.. you do not know if its still there when you wake up..

[pooya87]

multiple wallets!
mainly you should keep anything large and amounts that you are not using regularly in cold storage such as paper wallet.
then another wallet to be easily accessible and easily used, to keep small amounts. this is called hot wallet for that i use Electrum for it being SPV wallet.

[coynedterm]

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

In my opinion the exchange sites are not a better or safe place to put your bitcoin for long time , here problem not a single one but there is another some problems also .
first problem is , sometimes the exchange site cease the user account for no long use , so after the deposit of 5 year , when you will came then without loss you will cry .
Secondly it may be possible that any hacker attacks on the exchange and result into the loss of all your deposit , I don't much need to tell for such types of risk of attacks on the exchange , I think everyone here remembered that what was happened during the last year with ETH in about all famouse exchange .
So here it is better that you should keep your bitcoin and altcoin in the wallets  for long time safety .

[Kakmakr]

The best option will be the following :

~ Buy a old second hand computer & printer. < cheapest possible >
~ Download the https://www.bitaddress.org script and copy it on this computer.
< Do not connect this computer to the internet >
~ Run the script and create as many paper wallets as you like < remember to print multiple copies >
~ Laminate these paper wallets to protect them from water damage.
~ Store this in multiple locations. < safe deposit box or safe or in a time capsule under ground >
~ Destroy second hand computer & printer < safest option >

This should be your safest option. ^smile^

[BitcoinGirl.Club]

At the moment am using blockchain.info web wallet because of its popularity but intend on moving to a TREZOR bitcoin wallet which has a solid record of top-notch security,which we should all be looking into.

[Zadicar]

At the moment am using blockchain.info web wallet because of its popularity but intend on moving to a TREZOR bitcoin wallet which has a solid record of top-notch security,which we should all be looking into.

When it comes to online wallet i would really choose blockchain among other choices because im somehow confident regarding on its security features and you can already keep your private keys which is really great that thing isnt available on most online wallet.

[ethereumhunter]

i am use multiple wallet and i don't like to store all of my bitcoin in one or more exchanges because if the exchanges get hacked or have maintenance, we can not use our bitcoin to another purpose. i prefer to store my bitcoin in more than two wallet and spread my bitcoin with each of wallet, never use only one wallet to avoid bad thing that will happen.

[EdenHazard]

I kept my bitcoins at online wallet that I have, but temporarily within a week and I will cash out after. When I have the cash fiat in hand I would love to store it in my saving account at the bank for important and emergency purposes and the remaining btc balance, I’ve use it for loading my mobile phone number for consumption

lol , so you have no plan for future investment in bitcoin? you just get bitcoin - convert it all to cash then use bitcoin a little only for something like mobile phone loads etc, dude you must learn more about bitcoin.

investing your own money to bitcoin and hold it as long as possible, then cash them out later when you really in need, just try it!

[delliaerd]

I'd like to know what the kind of your coin because every coin has a different method to keep them in the cold storage. But Use the hardware wallet if you are trying to hold bitcoin for some years later. Or the SPV wallet on your desktop to altcoin.

I doubt he will make large investment with alternative coin. Just thinking realistically dude, altcoin is very risky to dust and disappear from the market. Are you don't see if the price of bitcoin increase highly, price of alternative coin indeed go down and drop ? While many people said if the price of Bitcoin will further increase in future. Shinratensei's question only purposed to make his post longer i think. Sorry.

[iv4n]

I have couple wallet's, my main wallet for a long time is xapo. Before everything my bitcoins goes there, and from there I decide to send them in other hardware wallet on saving, if I wish to gamble then in casino, or in exchanger if I wish to have fun with trading or cashing out. For my needs and for bitcoins I earn xapo is solid protected wallet, and I'm satisfied with them.

[bravehearth0319]

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

Right now, I keep my bitcoin in electrum wallet, and I also have in different exchanges bitcoin balance such as Bittrex, Poloniex, Yobit, Novaexchange, coinexchange, Trading Satoshi, C-cex, There is always balances for every trading platform that I made though its not that a huge amount but a moderate which can be consider. But most of my bitcoin stored in Electrum.

[ufaiz50]

I keep my bitcoin on site exchanger altcoin because my income through trading and for safety I use google authenticator, I did not really have a lot wallet because I think this way is safe and simple

[paul gatt]

to keep Bitcoin, you have two ways: it is used for various kinds of offline, or you can also use the online wallets. however, if you plan to do a job with such a large amount, I recommend taking wallets offline. it will ensure the safety of your money before the risks, such as hackers

[Amph]

deep cold storage is the only option if you have a large amount of coins, it's mean securing the coins from real life thief too not only online hackers

i generally like more the usb stick where i directly store the wallet.dat, and own many of those usb in case of a failure, then you can put them in anti-magnetic box and bury in some secure area that is only known by you...

[LEEMEEGO]

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 strongly advice not to store your bitcoins in a single wallet especially in an online wallet.. since it is risky. some third parties are also subjected to breached so just please be careful in storing big amounts. you can disperse them on a multiple wallet.. atleast if one wallet will be hacked or breached, you will never lose all of your coins.. in addition, you can try hardware wallet for more secure storage..

[requester]

as you had talked about 5 10 years , well that's a very long duration and i think storing your bitcoin in paper wallet will be the safest. otherwise you can adopt blockchain wallet also but dont share your public key with anyone as they could brute force in future by knowing the wallet's available amount. so why should we take the risk go for paper wallet.

[digaran]

I went on bitaddress.org and immediately disconnected my internet and generated an address offline I deposit my long term holdings in there while I have printed both add and private key in a paper.

[Seeker#9]

I'm still relying on the same wallet i used to store my bitcoins two years ago. I've been using Blockchain wallet to keep my btc and a local wallet for converting it to loca lcurrency. I will only try to use hard wallet if i had a large amount of bitcoins.