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Author Topic: Which wallet should I use for keeping my bitcoin?  (Read 2610 times)
sportis
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February 26, 2017, 11:13:45 AM
 #41

I was suggested by friends to use blockchain wallet. I too started using it and haven't encountered any problem using it. As the amount held into the wallet is very low, I don't make big efforts to find which is better.
I agree with you. Blockchain for me is the most secured wallet as it enbles 2fa and code though number verification at the same time. Many wallets doesn't have that feature which makes blockchain unique and secured. Although unlike other btc wallet which doesn't charge fee for every transaction, blockchain charges fee but you can assure that transaction is anonymous and secured.(worth it to pay for fee).

I am pretty confident that you can't understand that there is not any online wallet which is secure because you don't really own your bitcoins. That is, you have not the full control (private keys) of them. So anytime this service it claims that is secure like as the Fort Knox using any measure there is in the world she cannot assures you that will be available at any time you need it or will not become a victim of a skillful hacker. Speaking about blockchain.info some months ago was hijacked and about 8 millions wallets were inaccessible.
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February 26, 2017, 11:20:35 AM
 #42

I would prefer you to use offline wallets like electurm and mycelium.
Do not use online wallets like blockchain.info as they crash a lot.
Also you can have a permanent wallet address if you use offline wallets.
You can even have a custom address. There was a thread which made custom wallet address.

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February 26, 2017, 11:57:44 AM
 #43

i think desktop wallet is secured one
just only you can access your bitcoin
but many web based wallet its safe too , so its depends on you

I think it is also safe online wallet like google by adding authentication or the like. using it I'm sure no one people could hack into your account

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February 26, 2017, 12:18:56 PM
 #44

Hello guys, I'm new to bitcoin, so there are things that I misunderstand.
I have a big interest in bitcoin, in the future, I want to make money with and invest in bitcoin. So I really need your advice.
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?

Thanks for your help.  Smiley
I can introduce you to two wallets for which I often use. That is Blockchain and Coinbase, both for operation on the web. I use this two wallet since I know Bitcoin. When transaction,   Blockchain will charge but Coinbase not charged. To ensure safety, I think you should install 2 layers of security, verify by phone. However, today the web wallets are still capable of stolen passwords, you can also learnsome wallet such as software, can be installed on your computers. Cheesy

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February 26, 2017, 01:25:22 PM
 #45

It depends on how secure you want your wallet to be. If I were you pick up a Bitcoin Wallet in which they enable security features such as 2 Factor Authentication and Pin Codes and Passwords on their app version. Also you must pick up a wallet in which you will have to sign in into a new device it will send you a confirmation link into your email, with this it enables you to have a 2nd protection to your account.

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February 26, 2017, 01:34:46 PM
 #46

I think you can use electrum because it is very easy to use and it has many functions to connect with hardware wallet. Electrum contains many good features and you can use both standard wallet and multi-sign wallet. Never use third party wallet, they are not good at all since they can be hacked at anytime. Moreover, they do not let us to hold our private key

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February 26, 2017, 01:35:01 PM
 #47

There's 3 types of wallets (webwallet,hardware,desktop) I could say that Web wallets are good for using on faster transactions but not recommended on using it to store big funds that's why we need desktop or hardware. Earning bitcoin isn't easy since it does still need time and effort.


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February 26, 2017, 01:58:30 PM
 #48

Hello guys, I'm new to bitcoin, so there are things that I misunderstand.
I have a big interest in bitcoin, in the future, I want to make money with and invest in bitcoin. So I really need your advice.
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?

Thanks for your help.  Smiley

You save many options for you to choose on which wallet is the best for you, we have Bread wallet, Electrum, Blockhain, Bitcoin core, Multibit, Mycellium, Xapo, and coinbase and the are exchange online wallet. Now the choice is yours.

















































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February 26, 2017, 01:58:41 PM
 #49

Hello guys, I'm new to bitcoin, so there are things that I misunderstand.
I have a big interest in bitcoin, in the future, I want to make money with and invest in bitcoin. So I really need your advice.
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?

Thanks for your help.  Smiley

All of the online wallets that you have mentioned are all secure, and as a newbie, and for you to be so sure that your bitcoin would not go somewhere else and safe, I suggest you to use blockchain. Many of the bitcoin users here use that online wallet, since that is the bitcoiners choice when it comes on storing their bitcoin.

My opinion about using blockchain is a lot more better because since there are so many bitcoin users that are storing their bitcoin there, then even there would be a consequence that all of the bitcoin their have been hacked, then, it's okay, because it is not only you who lost bitcoin, but also other bitcoin users, so in this way, you can easily move on, well, it is just a point of view to explain why blockchain is more safe than other online bitcoin wallet. Smiley

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February 26, 2017, 03:03:27 PM
 #50

Hello guys, I'm new to bitcoin, so there are things that I misunderstand.
I have a big interest in bitcoin, in the future, I want to make money with and invest in bitcoin. So I really need your advice.
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?

Thanks for your help.  Smiley

Honestly, i never used the wallets you've mentioned above. I just used coins.ph and i think it is secure. But well there are many wallet that are secure, trustworthy, and can keep your bitcoin safe. But i dont know what exactly it is. I know there are many users here that used that wallets you've mentioned and they can help you about it. Or if you want to have more ideas about it, read some of the ideas here in the forum so that you can choose the best wallet you want to keep your btc

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February 26, 2017, 03:04:01 PM
 #51

I am not sure if we can say web wallets are so secure. If the big websites like Yahoo, LinkedIn, recently Cloudfare, ect can be hacked then why not websites like Xapo, Coinbase, ect ... There are surely more vulnerale than the giants. Also using such sites, you have to get in mind you're just giving your bitcoin to someone to store them. And you can't know what can happen to them, and they can't either. Using such sites is good to store only a small quantity for your daily use. If you plan to just store your bitcoin and use them several months after it is better to use other wallets

rajasumi3
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February 26, 2017, 03:08:09 PM
 #52

I would recommend you to use mycelium wallet .as i have veen using it for some time and its quite safe and the security is good as per according to me .
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February 26, 2017, 03:26:20 PM
 #53

If you have a big amount of bitcoins and you don't want to sell or send them use a cold wallet, like paper.
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February 26, 2017, 05:32:17 PM
 #54

without thinking for second time go for blockchain.info wallet because its official and legit one. and other all 3rd party wallet will have access to your wallet's private key and could do anything to your wallet.
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February 26, 2017, 09:11:51 PM
 #55

Hello guys, I'm new to bitcoin, so there are things that I misunderstand.
I have a big interest in bitcoin, in the future, I want to make money with and invest in bitcoin. So I really need your advice.
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?

Thanks for your help.  Smiley
1) Which wallet should I choose to keep btc? There are so many choices so that confuse me. I know about Electrum, Blockchain, Coinbase,... Does it secure?
- For me my advice to you try to download Electrum wallet and Blockchain wallet. I'm not favor in Coinbase this is just in my opinion because coinbase can terminate or close your account once you fail to meet their requirements. Unlike the first and 2nd I mentioned to you there good to b used.
2) I need to make money by myself before I invest them, so how can I do to make some bitcoin?
- If you want to earn money/bitcoin try to join in the signature campaign who has a potential project in this industry.

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