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Author Topic: How do you keep your bitcoins?  (Read 48795 times)
Rasel5209
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May 04, 2017, 03:53:36 AM
 #361

you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.


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batang_bitcoin
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May 04, 2017, 04:31:19 AM
 #362

you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.

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Selly Arumsari
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May 04, 2017, 04:43:44 AM
 #363

you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
yes i agree with save or keep it on local exchanger , to more safety you can use add 2fa in your email and your wallet exchanger.. this is can the minimum risk from hacker that you can dissapear your bitcoin Smiley
hajimasan
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May 04, 2017, 04:45:22 AM
 #364

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

If you want store your bitcoin in the online wallet then Ofcourse you need to believe at those services which have online web wallet to store your bitcoin .
Here I myself believe only at the blockchain , which is official wallet of the bitcoin .
And also believe at the mysellium wallet where I can easily import and export my private key of the multiple wallets .
So I will suggest you for the blockchain only but stills if you have some doubt or the fear then I will suggest to create your bitcoin Adress ( you will get corresponding private key also ) then just Google that how to make storage wallet address .
Surely you will get solution and get store your bitcoin in Secret place without trace any data of transaction .
Cold storage wallet adress made offline , so you can trust yourself atmost but be careful that you should keep your private and public at safe place because if you will loss that data then you will loss your bitcoin .
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May 04, 2017, 05:04:19 AM
 #365

I keep it in my coinbase wallet. People say that coinbase is untrustworthy but who care. I feel safe with that kind of that wallet. People should try to use it either. I trust coinbase.

I haven't use coinbase wallet since I read a thread here in forum about the problem that was experienced by a member here.

If you think that they are safe, it's fine since that is your bitcoins not ours. But not just because you said that you are trusting coinbase.

Others are going to use it then, we have our different preferred wallets and storage.

mmo_online_1981
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May 04, 2017, 05:12:06 AM
 #366

I always store BTC on my wallet, although it is not secure but simple, easy to use! Of course, I do not have much nor keep much. For safety
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May 04, 2017, 05:13:43 AM
 #367

I just recently saw a post of my FB friend that he bought a hard wallet online. It is a very nice way to keep your Bitcoin. You will have your own private key for it so even if it will be lost or stolen, you can still retrieve your coins on it.
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May 04, 2017, 05:16:41 AM
 #368

I keep my bitcoins in many places.
1. In my electrum wallet.
2. In form of physical bitcoins.
3. Invested in ICO and altcoins.
4. Monero and ethereum are second to bitcoin for me.

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May 04, 2017, 05:26:14 AM
 #369

I keep my bitcoins in my wallet for it is more secured in my blockchain wallet rather than transfer it to insecure source, It can be easily transfers onward from my wallet for business transactions to others.

zidanw
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May 04, 2017, 05:44:30 AM
 #370

I saved bitcoin in coinbase online wallet but for 5 years it's better to save in desktop wallet like electrum or wallet hardware Trezor, Ledger USB, KeepKey although a little complicated but safe.

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KennyR
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May 04, 2017, 05:56:04 AM
 #371

I saved bitcoin in coinbase online wallet but for 5 years it's better to save in desktop wallet like electrum or wallet hardware Trezor, Ledger USB, KeepKey although a little complicated but safe.
I prefer using a blockchain wallet for saving my bitcoins. It gives the easiest accessibility with manual transaction fee option which is not present in most of the wallets. Other wallets quoted such as the trezor, ledger, keepkey and all useful for long term holding of the bitcoin as an investment. Accessing it often is bit complicated.

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batang_bitcoin
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May 04, 2017, 06:15:13 AM
 #372

you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
yes i agree with save or keep it on local exchanger , to more safety you can use add 2fa in your email and your wallet exchanger.. this is can the minimum risk from hacker that you can dissapear your bitcoin Smiley

It can minimize the risk but still don't forget that a risk still remains for you. If you are confident that everything is going to be fine with those local exchanger you are using. It's a good feature from the local exchanges and that will give you high security to keep your bitcoins very safe.

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May 04, 2017, 06:30:20 AM
 #373

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

 
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May 04, 2017, 06:37:42 AM
 #374

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.
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May 04, 2017, 06:44:24 AM
 #375

you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.

It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet.
it is right to keeps it on online wallet. on online wallet you have the oppurtunity to sale or purchase when price exceeds or goes down. but keep in mind when you are choosing a wallet checks its rating on google and choose a trusted one.
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May 04, 2017, 11:42:15 AM
 #376

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 only keep all my bitcoins in my online wallet because for me it's much safer to keep all my bitcoins in my online wallet, i don't know why some people who use bitcoin do not trust online wallet and they treated online wallet like a scam.
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May 04, 2017, 03:53:55 PM
 #377

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

A way could be by installing Ubuntu or another system of your choice in an usb, install a wallet there and put your coins there, then create a backup and keep them offline for all the time you want, you will have cold storage for cheap and a backup in case something happens to one of your usb.
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May 04, 2017, 05:12:31 PM
 #378

Use BitGo at the moment but personally one of these days I'm probably going to go for the investment and buy one of those hardware wallets, those honestly seem more secure and probably a shit ton safer so that's the route I'm going to go soon. Don't fully know if I'm going to go with Trezor or Ledger, I guess it matters on the amount of money I want to set aside for this in total. May be leaning towards the Trezor one as it does look a bit nicer, cleaner, sleeker and more secure.

I have saved all my bitcoins in electrum wallet as I think its the best wallet to have with great security and safety measure the only thing we need to take care is that we have saved the seed at proper place so if anything goes wrong it will be easy to recover bitcoins.

I don't know I'd love to use a wallet which is on my computer instead of using something like BitGo, but I love my BitGo and I just don't think it's safe enough on my computer (or any computer) to use something like that on my desktop itself.
I keep it in my coinbase wallet. People say that coinbase is untrustworthy but who care. I feel safe with that kind of that wallet. People should try to use it either. I trust coinbase.

Yeah, if you're not doing anything shady with Coinbase bitcoin you should be fine. The only people, that come out with stories against them are people that probably did something a bit weird on their account and Coinbase was just looking out for themselves.

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Jiyens3
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May 04, 2017, 05:27:34 PM
 #379

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..

 
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May 04, 2017, 08:23:04 PM
 #380

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..
Something very scary today to keep their Bitcoin on the exchangers if you can just have personal wallets on a USB flash drive or desktop computer, I can not somehow trust some sites Maybe it's just paranoia
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