Offline Wallets Vs Online Wallets

[Coinve.st]

Always go with an offline wallet. The only drawback is accessibility and having it with a laptop available to send funds. Nonetheless it's the most secure other than a paper wallet.

[Silberman]

both have positive and negative sides. but I think the most effective and easy way is to use online wallet. but the security must be properly guarded.

An online wallet should only contain the minimum amount of bitcoin you need to spend and nothing more, never put there a significant amount of money since there are many ways in which you could lose your coins, besides with an online wallet the issue is that your coins are always online right there for the taking but with an offline wallet that is not a problem anymore.

[mammoniter]

For long term storage, please use offline paper wallet or hardware wallets. Paper wallet must be carefully generated though.

For daily/ frequent use, you can consider one of the mobile wallet- after all you do not bring your computer with you everywhere. Try breadwallet.

That is what I do, specially since I have a lot of transactions online and most of the time I need to monitor my wallet and my coins. Maybe its has been an routine that I get used to. My only fear is if I lost my offline wallet, unlike online which is accessible through internet but its advantage is a like a double edge sword since it is also vulnerable to hackers as we all know, the internet is not that friendly place for money and important files and data to be floating around.

[Redanim]

I have online and offline wallets, but more often I using online wallets, but how I know offline wallets are more safer than online wallets because u can make backup your wallet, dont forget to encrypt networked backups and just need trying to do more often wallet backups.

[soham]

Which of the Bitcoin wallets between the Online and Offline works best?

That entirely depends on your bitcoin usage. If you are a trader and needs frequent funds transfer from one wallet to exchange, online wallet may be the best choice for you. However, I personally don't support to use an offline mobile wallet because mobile phones are really an easy target for the hackers. So it is best to use online wallet for frequent transactions. However, if you are thinking about long term investment, then an offline wallet is the best choice. Make sure you have access to your personal key and you are good to go.

[2girls]

for me i preferred offline wallet because ithink this is safer than to online wallet..online wallet it have potential to hack unlike to offline they cant access you because you dont have Internet connection...

Yes Offline wallet is very much secure but if you need your bitcoins often or there is need of lot of  send / receive bitcoins, then there will be very hassle in moving bitcoins from cold storage to hot storage, But if you never use your coins for months, it best to store it offline most probably in paper wallet etc.

[cexylikepie]

I use online wallets, offline ones seem too much hassle for me, moreover I only have a very small amount of BTC that I don't have to be afraid of losing.

I also use online wallets because the process is very easy, I think the online wallet is safer than the wallet ofline. if we send bitcoin from our wallet to another wallet online then it is very easy process of delivery.

Online wallets are are unsafe for a large amount of Bitcoin. The best cold storage is hardware wallets. Most of my holdings are easily traced since it came almost entirely from coinbase.

Offline wallets are safer as compared to online one as online world through internet and there are worms of deep we sitting on other end to hack that to take your money away whereas in offline wallet no one can hack it because of security protocols and this will be safer to use so use it to avoid any of risk to your future happy life.

Well for me online wallets are better your private key is stored on their servers. Locally stored wallets can easily be hacked with a wallet stealer this happens when you download unsafe things.

The hacker then steals your private key or it can upload the wallet to their computer. This is from them so easy.

But you must to know you will not have any permission to control your Bitcoin when the online wallet you are storing your Bitcoin have problem or hacked by hackers. Nothing is impossible with hacker, even this is the data base from online wallet, it becomes the best object to try hack.

[An0nyMoose]

Offline wallets are great but you can also lose your backup of it so storing your back up is the most important thing you want to do. Although online wallets are more susceptible to getting hacked.

[Kaller]

Offline wallets are hands down better than online. Anyone who says otherwise is a noob!

[yoonah]

Offline wallet is the safest way to store your bitcoin you hold your private keys so it means that you are the one holding your bitcoin. Offline wallets is easy to use and access but the downside is that your bitcoin can be gone without you knowing since its you who is holding but the wallet exchange since you do not own its private key.

[Rinder]

I havent tryed to use offline wallets at all, i do use my bitcoins as i get them in the general, always looking for a place to invest my coins. Online wallet the only i do trust is blockchain.info, soo far an amazing service being provided by them, and now we can get ethereum  as well, the only change i didnt like were we need to pay to moove funds inside the wallet as well cant sign more message with new adress. A lot person i do know does store their coins into offline wallets, because they have a decent ammount soo they need to take care of them.

[AMNA NAZ]

I havent tryed to use offline wallets at all, i do use my bitcoins as i get them in the general, always looking for a place to invest my coins. Online wallet the only i do trust is blockchain.info, soo far an amazing service being provided by them, and now we can get ethereum  as well, the only change i didnt like were we need to pay to moove funds inside the wallet as well cant sign more message with new adress. A lot person i do know does store their coins into offline wallets, because they have a decent ammount soo they need to take care of them.

wallet is able to store your high amount of bitcoin for a long time and also no one will able to hack your amounts of coins and which will be very easy for you because also this can be tore for your future. And about online wallets is also good because if you are a person who trade daily and sell or buy bitcoin daily then online wallet will be perfect in this term. According to me both are really good and pays important role in investment of bitcoin because offline

[coin royal]

I havent tryed to use offline wallets at all, i do use my bitcoins as i get them in the general, always looking for a place to invest my coins. Online wallet the only i do trust is blockchain.info, soo far an amazing service being provided by them, and now we can get ethereum  as well, the only change i didnt like were we need to pay to moove funds inside the wallet as well cant sign more message with new adress. A lot person i do know does store their coins into offline wallets, because they have a decent ammount soo they need to take care of them.

wallet is able to store your high amount of bitcoin for a long time and also no one will able to hack your amounts of coins and which will be very easy for you because also this can be tore for your future. And about online wallets is also good because if you are a person who trade daily and sell or buy bitcoin daily then online wallet will be perfect in this term. According to me both are really good and pays important role in investment of bitcoin because offline

As I say and I am sure about my this opinion about wallet that online wallet will be able for those people who invest, trade, sell and buy bitcoin daily because offline wallet is notable for these situation and offline wallet is for those people who want to store their coins for a long time and for future then offline is best for them. And another ability about offline wallet is no hackers will hack your wallet to get all that coins you save in your wallet.

[Yumi027]

Which of the Bitcoin wallets between the Online and Offline works best?

Offline wallets are one of the safest ways to store one’s bitcoins, the trick is to make sure to never give them to anyone else and store them in a safe place.

[DaftAjax]

Which of the Bitcoin wallets between the Online and Offline works best?

Offline wallets are one of the safest ways to store one’s bitcoins, the trick is to make sure to never give them to anyone else and store them in a safe place.

It sure does but it solely only do one good purpose to have one like this, and that is to hold your coin for as much longer till the coin has a very good price under its table.

But if you just wanted to have a wallet that can be used more often then online wallets or coin-based wallets are the best option here, since it is easy to use utilize whenever you need it. More like your everyday use or something to suffice your needs.

[Silberman]

Always go with an offline wallet. The only drawback is accessibility and having it with a laptop available to send funds. Nonetheless it's the most secure other than a paper wallet.

At the end it depends on our needs, I do not think there is anything wrong with having an online wallet the problem is to have all your funds stored there since you could lose them all by making a single mistake, having 5% of your holdings in an online wallet and 95% on cold storage seems to work for me and I think it is the best solution available at this time.

[thepolarbear]

I would personally recommend an Offline wallet

I agree with you. For me, I would go to offline wallet for a reason that it is much more secure than the online wallet because choosing the online wallet will be a big risks due to it can be easily hacked by someone. Choosing the offline wallet will let you live conviniently because of no need to have an internet connection and very accessible. It will also hold and store a large amount of bitcoin.

[Sketztrophonic]

I would personally recommend an Offline wallet

If you want to store your bitcoin in a safe place for a long term I recommend you to use an offline wallet because it is secure and safe there. But if you use bitcoin daily or sometimes you need to convert it into your local currency you can use online wallet of your local wallets on your country.

[CryptoScorpio]

Offline wallets are best for security where as online wallets canbe hacked and more over you dont have private keys for online wallet. Offline wallet data will be stored in your desiredlocation and offine wallet data will be stored in other places.According to me offline wallets are best

[Ayush rana]

Online wallet is good to use. It is easy to use and do transactions with online wallet. But in case of offline wallet it is more secure then online wallet but using it is bit difficult.