How do you keep your bitcoins?

[asu]

Well i kept my bitcoin by investing into any altcoins that i fully see that there's some potentially my bitcoin woukd grow with there

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[c##Seller]

Collectively around 0,7 bitcoins, and although that is still a god sum of money but isn't large enough to prompt buying a hardware or trezor wallet, I use Electrum as a PC wallet and Blockchain.info as a smaller wallet for online transactions, currently decided to switch completely to Electrum.

[vohoanghiep55]

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 kept it in my wallet

[stormw1nder]

Using a combination of 1) a paper wallet + a USB wallet as an emergency, both are encrypted with a pasword confident I could remember, 2) a safe desktop-based MultiHD wallet for quicker transactions that need to be conducted routinely like payment for services and paying for gift cards.

[Chachacoin17]

You can keep it in your online wallet or offline wallet because it is a safe way to store your value.  Keeping it at the online wallet is a best investment to do and you csn generate good profit and wait for a longer time as you hold it for future price increasing.

[danherbias07]

Using a combination of 1) a paper wallet + a USB wallet as an emergency, both are encrypted with a pasword confident I could remember, 2) a safe desktop-based MultiHD wallet for quicker transactions that need to be conducted routinely like payment for services and paying for gift cards.

Wow you made it all secured. I guess you have a lot of bitcoin in your wallet.
I am just using electrum as my wallet and an online one just for trades and selling purposes.
I am not good with remembering too many passwords and I dont want every account to have one password only. So it is kinda hard for me. Need to stick at 1 - 3 wallets.

[Yuhee]

You can keep it in your online wallet or offline wallet because it is a safe way to store your value.  Keeping it at the online wallet is a best investment to do and you csn generate good profit and wait for a longer time as you hold it for future price increasing.

Well honestly that would depend on which wallet or even site you would want to trust your funds. If you really are a keen observer you should know where you are comfortable with your money and read articles about the site or your online wallet. Because i store my bitcoin on a site where i can directly convert my money to my countries currency but we all have different preference so better try not putting all in one place.

[zedicus]

Dont store on wallets or exchange like paxful or any shits that has bitcoins wallet storage unless you really own the nodes of your wallet.That webwallets may get hijacked or wallets can be compromised by insider issue so its not advisable.Better if you will have a hardware wallet for your bitcoins or altcoins

[TheGodFather]

I kept it in my wallet

Very simple yet so meaningful yes it is. We kept that in our wallet. Some people are using online wallet for their bitcoins. As for me i used online wallet because of its securities. And i know and i trust it so much. My friends are using electrum an offline wallet they use that because they have said that it is good too. Well its up to you.

[corroze]

Currently i am still saving bitcoin in my wallet online, but so far i have never had a problem with my online wallet storage. Probably because of its relatively small value so there is no problem with the wallet.

[DoublerHunter]

I kept it in my wallet

Very simple yet so meaningful yes it is. We kept that in our wallet. Some people are using online wallet for their bitcoins. As for me i used online wallet because of its securities. And i know and i trust it so much. My friends are using electrum an offline wallet they use that because they have said that it is good too. Well its up to you.

Online wallet is not that secured to use and it is more prone to hacking and also if you are using a online wallet like coinbase which you don't have the access to your private keys then it is very risky to store your bitcoin there. I think you should just follow on what your friends doing because electrum offline is a good place to store bitcoins but if you want more securities then hardware wallet is the best for me.

[hakanbalta5777]

keeping them in a USB-based smart wallet made from one of the hardware wallet operators, it was just 27 Euros and is relatively easy to use and feeling safer to use it than an online computer.

[romero121]

Currently i am still saving bitcoin in my wallet online, but so far i have never had a problem with my online wallet storage. Probably because of its relatively small value so there is no problem with the wallet.

I too haven't experienced any problem using web wallets. These days the security features available with the wallets were quite good and most of the time blockchain wallet is preferred just because it's trustworthy and can be used according to our requirement rather than other wallets where we need to pay the fee as they levy.

[bluefirecorp]

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 too heard that's useful but sometimes I wonder when you can have a easy peasy wallet like blockchain, rushwallet and so many others that provide you the access to the private key too then what's the fun in spending a few bucks in trezor ?

I heard from my friends its very useful but never used it so just wondering why people spend extra bucks on it.

[Mpamaegbu]

The best way to keep one's Bitcoin safe is to break the storage into bits. Don't ever store all your bitcoins in one wallet no matter how safe the developers say the wallet is. Hackers are everywhere and most times transactions done, especially like on blockchain, can be traced to have a rough estimate of what a wallet may be having. Also, use combinations in the password to make it difficult for hackers to access.

[genos]

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.

You bet, because this is a very safe place where we could store our bitcoin without worrying of it being hack. Hardware wallet is a little bit expensive but it is worth it, hardware wallet is too hard to hack unlike those web wallets out there which is very vulnerable. Blockchain have lost $400 million worth of bitcoin way back 2015(correct me if I'm wrong) because someone hack it, but the hacker was caught by the authority.

But since this hardware wallet is a little expensive that is why people are still using this web wallets because this is just for free, the only thing that they are going to pay is the transaction fee of it.

Well, I haven't tried Trezor, but I would want to have that. I think that's an awesome hardware wallet. I don't know yet if they ship here in my country, but definitely, I think it could be done. In an online exchange, that's definitely a hard thing to do. Web wallets are not recommended especially if you are storing lots of bitcoins.

Trezor is the best hardware wallet for me because it is one very first hardware wallet and it is trusted by a lot of big companies, big name people and also majority of the bitcoin users here in our community. They ship in any part of the world as long as your location is reachable by the shippers that they have.

Yeah no doubt about that dude. I prefer Trezor to store bitcoin because it's an advanced tool which created specifically to secure every Bitcoin transaction you made. Although we have to put more money to buy that hardware wallet if we compare with  online wallet which we can use it by free. Trezor provide nice security to save our bitcoin from hacker or threat.

[BarbieCasino]

The best way to keep one's Bitcoin safe is to break the storage into bits. Don't ever store all your bitcoins in one wallet no matter how safe the developers say the wallet is. Hackers are everywhere and most times transactions done, especially like on blockchain, can be traced to have a rough estimate of what a wallet may be having. Also, use combinations in the password to make it difficult for hackers to access.

yes its true don't keep your bitcoin in one wallet i totally agree with you because i have some bitcoin and i safe my bitcoin in different  wallet  its for long time because i don't believed in some wallet .and some of bitcoin are use in trad for earning money.

[RubyM]

I prefer storing my Bitcoins offline, since I know that they are in a safe place where no one will reach them except for me. But what I am doing now is that I store them on both online and offline wallets. I saved a certain percentage in my online and a certain percentage in my offline since I know that I use Bitcoins on a daily basis. For daily basis use of Bitcoins I use online wallet.

[mundang]

I keep my bitcoin in our local exchanger wallet. You can cashout anytime,pay your bills anywhere you are buy airtime load and so much more, this is all in one package app. Didnt encounter any problem since i use it 2 years ago.

[Makka]

We have the same way of storing bitcoins--in a trading site. Poloniex and bitterex for mine. I guess it is because we are holding a small amount of it. It is actually doing some movements though, some are traded with some other cryptocurrencies. For now, the larger portion will be in a buy and sell movement. And a little portion is being held for a while, waiting for the right time and price to be sold.

But when storing a huge amount of bitcoin, perhaps the suggestions of most people here which is to use an offline wallet sounds great.