How do you keep your bitcoins?

[albertvert]

I use an online wallet service also. It's risk, but there is no problem for me because I don't have much money.
As you want to make a large investment, I think you should migrate to another service like a cold wallet. However, I can't guarantee you if doing this your money will be full safe. And don't wait 5-10 years to visit again, bitcoin price can increase, but can drop also, nobody knows.

Choosing a wallet or a suitable place on your bitcoin is one of the major thing to know about bitcoin system. And for me the best way to find or to chose a suitable wallet for you to use, of course you need consideration. First you need to consider the amount of bitcoin you are going to hold, then you nationality or country where you lived in as well as the currency. Then if you consider these thing I am sure you can know. Personally I used multi wallets depending on my transaction. For you to lessen the risk you can use one or more wallet so you can hold your bitcoin on any transaction you could make.

But it's obviously based on our own risk.But If we had bulk amount of bit coin means .We can use wisely for our usage.

[Casdinyard]

Currently I am not holding that many coins. So I am keeping them in my online wallet. If my holdings get considerably bigger (i.e. more than BTC1), then I will consider moving them to a hardware wallet such as Trezor. Keeping large amounts of coins in online wallets is not 100% safe. Also, there are a lot of wallet robberies going on right now.

Of course, keeping your coins in an online wallet is like a bait to hackers. If they hacked that all your earning will dissapear like a bubble.
Keeping coins in an offline wallet is just keeping your money in the bank. Its more like a savings account. Much safer and secured.
But for me when its get a high pump I would immediately convert it to fiat and save them in the bank. You can't tell that your rich if your money is still numbers.

[shine1123]

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

Stored all your coins on an online trading site for 5-10 years is really dangerous dude. 5-10 years is really a long time to wait and we also don't know is that trading site still survive or not for the next 5 years. My advice is store all your coins on web wallet like blockchain or offline wallet like bitcoin core.

[Xester]

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

Stored all your coins on an online trading site for 5-10 years is really dangerous dude. 5-10 years is really a long time to wait and we also don't know is that trading site still survive or not for the next 5 years. My advice is store all your coins on web wallet like blockchain or offline wallet like bitcoin core.

That was insane.  Storing coins in trading site for 5-10 year is so risky.  As you said it is dangerous.    You will kot know whats gonna happen on it for that period of time.  Well I do not think either that he or she can actually keep it on that time frame.  It is better to store it in your wallet and make more earnings doing things that will not take so long.

[PinkB]

I keep my Bitcoins offline, I am going to hold on to them until one coin is worth more than $10 000, the only reason why I am keeping them offline is only because I don't want to get hacked, there are too many, I don't trust the internet

How much bitcoin do you have now!!? so you are waiting for 1 BTC= $10000 , may be it will happen. But it will hapen,do you have any proper idea,i mean prediction? I also want that, Price of bitcoin will raised.

[denny.pac]

I keep my bitcoins divided into few online wallets. I know it's not safest place to keep bitcoins, especially if wallet don't gives your private keys, but I don't want to keep bitcoins on desktop wallet because I'm afraid to catch virus, which can steal my coins.

[hajimasan]

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 will suggest you don't put your all the money at the paxful because that is trading site ( as you know already ) .
Since to out your money at the trading is not at big risk but still even with the big securities we need to take full security with our hardworking made money .
I will suggest you to put only that amount of the money that is sufficient for trading and rest of it out in the Bitcoin wallet .
I will recommend you to use official wallet that is blockchain.info  but made a backup of your wallet also because backup will make sure to not to loss of your money at any point . I mean full security of money .
And also you can use  mysellium wallet also , just out money and export your private key and then hide your private key at a secret place ( online and offline both ) .

[rockem5]

I only keep them on my mycelium wallet. I dont have enough, I don't even have 1 full bitcoin. 

[Core.BUSTER]

As a beginner I tend to use bitcoin wallet and other online wallets,When my savings and all money changes that I withraw I put it straight it to my Butcoin wallet.And sometimes I tend to save it and not to use it.Many ways to keep bitcoin,but the most reliable to use is bitcoin wallet.

[Sanitough]

I only keep them on my mycelium wallet. I dont have enough, I don't even have 1 full bitcoin. 

It doesn't matter, money is still money and I know you will not only be contented with that amount and you can always
increase your holdings if you do save on a regular basis, believe it's possible.

[A.H.Rassel]

I keep my bitcoins partitioned into couple of online wallets. I know it's not most secure place to keep bitcoins, particularly if wallet don't gives your private keys

[Cazkys]

When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.

[oktana]

When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.

The situation will change when you start active in the trading market, you will tend to do a lot of transactions without letting bitcoin remain silent, I see you consider bitcoin as a fixed asset, that's good. Currently I consider bitcoin an asset that must be traded, how to keep bitcoin is to make it productive continuously.

[DoublerHunter]

When I claiming my Satoshi, the small portion of Bitcoins, I let it grow and sleep on the site. When I already achieve the minimum, that is the time I transfer it to my Bitcoin wallet. Sometimes I let it sleeps for a long time, floating on my balance because the value of Bitcoin differs everyday. When it is high, that is the time to transfer it to my wallet, when it is low then I let it there for the mean time. When joining in a signature campaign I make sure to hoard a little percentage from the payments for future purposes.

The situation will change when you start active in the trading market, you will tend to do a lot of transactions without letting bitcoin remain silent, I see you consider bitcoin as a fixed asset, that's good. Currently I consider bitcoin an asset that must be traded, how to keep bitcoin is to make it productive continuously.

I agree with you, it depends on the things that you do in terms of using and keeping bitcoins because if you use bitcoin for just investment alone then you just need to store it on hardware wallets or safe wallets to preserve and secure your bitcoin from any harmful events or things and just what like you said, if you are a trader then you are prone in active transactions because your bitcoin will be in and out from your wallet so you don't need to find a storage or cold wallet.

[Jordan_Hodge]

How do you currently store your coins

The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.

[The_prodigy]

The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.

i think bitcoin hardware is quietly good, and interesting . i dont even try it before but my friends told me that , that could be good and nice. many people are using it now and they want it because they can use them or they can see it even it is offline as far as i know if im not mistaken, but for me even an online wallet is good as long as you have a security options on it.

[flower1024]

The best way to store your crypto is in a hardware wallet. I really recommend the Trezor, I recently got one and the peace of mind it brings is worth every satoshi I paid for it.

i think bitcoin hardware is quietly good, and interesting . i dont even try it before but my friends told me that , that could be good and nice. many people are using it now and they want it because they can use them or they can see it even it is offline as far as i know if im not mistaken, but for me even an online wallet is good as long as you have a security options on it.

Hardware wallets are safer and risk also more in this wallet. No one can hack your wallet but your bad luck your hardware crashed that's it. Everything will be gone you can not take back your stored coins with any software. So better save your coins in different web address this is safe, and you can use it whenever you want. Harware wallets are not user friendly, but it is safer than web wallets.

[Rinder]

Since i dont hold any big volume of bitcoins my coins are always into two places, poloniex where i can trade or lend them and he other part is at blockchain since i do use them for a long time and havent any issue, just didnt liked the extra fees they started to charge to moove funds from other wallets we have.

[Em00n01]

I m storing my bitcoin in coinbase. As i don't have much, i am trying to keep it safely for future.

[Hadmart]

I'm using a desktop wallet. It has proven to be very reliable. Many people are using online wallets, but I don't completely trust online sites and feel better having coins on my desktop.
I never bothered with offline/paper wallets, I'm not that scared of being hacked.