prakashghai (OP)
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August 02, 2017, 10:41:59 AM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
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keyrun
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August 02, 2017, 11:15:07 AM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
For Single online wallet, Coinbase for Bitcoin. For multiple online wallet, Coinomi for Bitcoin and Litecoin. I don't recommend online ethereum wallet as they are useless as they can't handle tokens.
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HCP
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<insert witty quote here>
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August 02, 2017, 11:17:24 AM |
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"Safest" and "Online" are pretty much mutually exclusive... if you value "safety" for your crypto currencies... don't use online/web wallets. You only need to look at history to see why (Mt. Gox, Bitfinex etc). For Bitcoin, a good place to start for a wallet is here: https://bitcoin.org/en/choose-your-walletPersonally, I'd recommend Bitcoin Core (yes the initial sync takes a while, but it's worth it. Plus, you can run in pruned mode if hard drive space is an issue)... or Electrum (Lightweight, SPV wallet with an activity developer and active community).
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prakashghai (OP)
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August 02, 2017, 01:39:26 PM |
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its all so very confusing.
why not make something Simple and Secure, both at the same time.
It would take a long long time for people to accept cryptos.
I tried to create an account at Bitco but hey ....so manys key with PDF file..
I just gave up on opening a bitcoin wallet at least
Terrible experience.
Its ok , Let them not Simplify
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mk4
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Paldo.io 🤖
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August 02, 2017, 01:47:06 PM |
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its all so very confusing.
why not make something Simple and Secure, both at the same time.
It would take a long long time for people to accept cryptos.
I tried to create an account at Bitco but hey ....so manys key with PDF file..
I just gave up on opening a bitcoin wallet at least
Terrible experience.
Its ok , Let them not Simplify
Coinbase is simple, and somewhat secure. The only issue with Coinbase is that you don't have access to your private keys, which I personally don't like since it defeats one of the purposes of bitcoin. "If you don't control the private keys, you don't have any bitcoin". I suggest these instead: Windows: Electrum | https://electrum.orgAndroid: Copay | https://play.google.com/store/apps/details?id=com.bitpay.copay&hl=eniOS: BreadWallet | https://itunes.apple.com/ph/app/breadwallet-bitcoin-wallet/id885251393?mt=8Those wallets should be simple enough for casual users. Also, seems like you quite lack a bit of knowledge on bitcoin and cryptocurrencies in general. I suggest doing a bit of reading: www.coindesk.com/information/Best of luck.
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Curated Crypto Airdrop Database
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prakashghai (OP)
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August 02, 2017, 02:12:33 PM |
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I have been reading about crypto for 3 months now.
I am a photographer.. I know crypto but unlike IT guys I fail to understand the need for complexity in storing coins... buying is simple but the only thing I read online about wallets is "That one fine day a hacker will steal your coins" or "once you lose your password, your money is gone" or "once your computer crashes or you use your phone your money is gone"
With that backdrop, its highly unlikely that a saver who earned his money the hard way, like me, would step into this kind of Fear.
The more I learn the more complex it gets..
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prakashghai (OP)
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August 02, 2017, 02:21:08 PM |
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see electrum is again "Download" if the computer crashes its gone.
why cant they make web based safe wallets...
Till then I dont see mass adoption for "the fear of losing money, is enough to prevent people from entering this domain" the developers just dont get it.
The common person is not to smart and to top is the volatility of the coin prices.
I want to buy but where in the world is "Safety and Simplicity?
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prakashghai (OP)
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August 02, 2017, 02:29:24 PM |
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I got interested in Crypto because of Steemit here is my profile https://steemit.com/@prakashghaiI came here to learn more about other coins and to diversify my current and future steem earnings. I am pro crypto..
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HCP
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<insert witty quote here>
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August 02, 2017, 10:06:49 PM |
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Firstly, you might like to investigate the "Edit" button as well... Multi posting like that is frowned upon. Secondly, the developers totally understand. It is you that doesn't get it. A lot of people like the "Be your own bank" idea... but dislike the implied "you are now responsible for your own security"... they're "lazy" and just want everything served up on a plate... so they use online (centralised) services where they don't control their private keys... then they moan and whinge like crazy when it all goes wrong and all their coins disappear due to a server hack... or the service changes their terms and conditions and jacks the fees up... or starts demanding AML/KYC identification and blocks their accounts. It happens time and time again... and still people seek the "safety" of online crypto services ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) For some reason, people these days seem to shun responsibility... it's always "someone elses fault" in today's "class action lawsuit" world... If you want to use an online service, no one is stopping you... but it carries risk as well... you need to decide what level of risk you're willing to carry... and how you want security and convenience to balance out. My suggestion if you truly want to embrace crypto: Read, Learn, Be Happy
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BitMaxz
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BTC price road to $80k
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August 02, 2017, 10:43:25 PM Last edit: August 02, 2017, 11:13:35 PM by BitMaxz |
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There is no other safety wallet than using the official wallet of every coins .. but in bitcoin there are many safety place to save your bitcoin electrum bitcoin core and local exchange site here in my country.. But for altcoin much better to use the official wallet just to be safe of your altcoins.. Like in ethereum and litecoin better to use to official wallet for safety of your coins.. If you are looking for multicrypto wallet its not so safe but i heard you can use multicrypto in Jaxx wallet but they are experience of some bugs or issue about the app using the jaxx wallet. Since you are newbie better to check this https://bitcointalk.org/index.php?board=37.0To see more wallets available and this one for online wallet https://bitcointalk.org/index.php?board=222.0
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prakashghai (OP)
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August 03, 2017, 06:15:59 AM |
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Firstly.
Thanks for taking out time for your replies.
Second ... I am ok to work/read/take responsibility and I am not lazy..let me correct you.
I was just asking for help.
While some happily help and some get irritated.
Never Mind
Good luck to Decentraland...!
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in00
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August 04, 2017, 03:09:11 PM |
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Ethereum wallet
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Aleya
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August 04, 2017, 07:01:58 PM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
personally i am using coinbase wallet for Bitcoin, Litecoin, Ethereum store.But for store bitcoin separately i am using blockchain wallet and for litecoin using bittrex exchange and for ethereum using myetherwallet. I dont know about multicurrency wallet,also not using any kind of multi waller system.
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trippki
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August 09, 2017, 05:05:07 PM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
I know this isn't what you've asked but I recently bought a hardware wallet - Trezor This really is a game changer, as I can safely store all my tokens BTC or ERC20, on one device...that cant be hacked! There are cheaper hardware wallets, Ledger and keepkey... I will never store my tokens any where else. Nb. I do not work for Trezor, or any hardware wallet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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prakashghai (OP)
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August 09, 2017, 07:24:07 PM |
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Thank you all for your help I have figured out the Wallet I was looking for. I look forward to interact with you all ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Have a nice day !
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AnitaP
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August 09, 2017, 07:29:28 PM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
I know this isn't what you've asked but I recently bought a hardware wallet - Trezor This really is a game changer, as I can safely store all my tokens BTC or ERC20, on one device...that cant be hacked! There are cheaper hardware wallets, Ledger and keepkey... I will never store my tokens any where else. Nb. I do not work for Trezor, or any hardware wallet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I am using Trezor too. It's the best hardware wallet that I ever had. And it is small. I don't have to think about where I can put it etc.. Really useful device. I use Trezor Wallet for BTC, LTC and also for MEW, where I can store my tokens.
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hubballi
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August 09, 2017, 10:17:54 PM |
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I plan to embrace the crypto world.
I have two questions.
a) What are the safest Bitcoin, Litecoin and Ethereum Wallet. A separate wallet for each is what I am asking.(online wallets preffered)
And
b) Which is the safest Multicurrency Wallet (online wallets preffered)
I know this isn't what you've asked but I recently bought a hardware wallet - Trezor This really is a game changer, as I can safely store all my tokens BTC or ERC20, on one device...that cant be hacked! There are cheaper hardware wallets, Ledger and keepkey... I will never store my tokens any where else. Nb. I do not work for Trezor, or any hardware wallet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I am using Trezor too. It's the best hardware wallet that I ever had. And it is small. I don't have to think about where I can put it etc.. Really useful device. I use Trezor Wallet for BTC, LTC and also for MEW, where I can store my tokens. It is always good to use hardware and desktop wallet because you have control of private keys for the address you are holding. You can use that wallet for any type of transaction and no one can ban it. But in web wallet you are not the owner to control your address and any time they can ban you account and you will lose all your btc.
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emsy37
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August 09, 2017, 11:05:16 PM |
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I chose Electrum for wallet. I saw it in the list of how to make sign message tutorial by Shorena.
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Taskford
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August 10, 2017, 03:07:53 PM |
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If you want a safe cryptocurrency wallet, you should buy a hardware wallet like ledger nano which support multi-currencies and it is safe because it is a hardware wallet and it stores your cryptocurrencies offline so there is no problem and you are hackproof because your cryptocurrencies are offline.
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robbietobby
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August 15, 2017, 01:10:11 AM |
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Litecoin is the best yet living in the PHilippines make coins.ph reserves and retrieve your money the way it should be.
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