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Author Topic: How to securely buy and hold onto bitcoin...?  (Read 976 times)
xenxen
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November 03, 2017, 06:49:17 AM
 #21

i think coinbase is the safest way to buy and store bitcoin because coinbase have a good feedback and more subscriber and most recomend for those who invest and hold for long term... and also try to buy in localbitcoin and store in offline wallet to make sure...

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King Sastro
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November 03, 2017, 07:49:24 AM
 #22

I suggest to buy on trusted trading sites such as poloniex, bittrex, mercatox and so on, after purchase then immediately move to a safe wallet such as blockchain, xapo or blocktrail.


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Jombitt
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November 03, 2017, 08:05:58 AM
 #23

I have heard of many people and companies having their bitcoins lost or stolen.

That being said:
What is the safest way to buy and store bitcoin?

Thank you



You can buy bitcoin at coinbase.com or find a legit seller at localbitcoins.com. You can also buy bitcoin to a people directly who sells bitcoin. One of the safest way to keep your bitcoin out from hacker is using a hadware wallet like ledger nano or trezor wallet. Offline storage is the best bitcoin wallet.

bitfornewbs
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November 03, 2017, 08:11:03 AM
 #24

I have heard of many people and companies having their bitcoins lost or stolen.

That being said:
What is the safest way to buy and store bitcoin?

Thank you



It's a personal thing. You should be wary of phishing sites to avoid giving out your infos. Also, a very well-known exchange sites would be ideal if you want to assure your security as those sites have many people backing it and supporting it for its good and reliable system. Always remember to check the URL carefully before logging in your wallets because it is always the case of lost coin problems. ( They always got scammed or got hacked through phishing sites.)
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November 08, 2017, 10:21:13 PM
 #25

You must buy cryptocurrencies that has established a whitepaper and secured blockchain. One of the best is Ethereum! Let me add that the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT. You may check this link for more information: www.propthereum.io
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November 08, 2017, 11:01:45 PM
 #26

yes I've also heard news about the loss of bitcoin stolen, I think to secure the bitcoin we can plug 2fa or we can save our bitcoin in the offline wallet.
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November 09, 2017, 01:30:34 AM
 #27

I have heard of many people and companies having their bitcoins lost or stolen.

That being said:
What is the safest way to buy and store bitcoin?

Thank you



This is really hard to tell and very subjective for me. There's no such thing as "safest". It's still on us users how we protect, secure our own wallet. In my case I only use online wallet. I am afraid of using private keys as I am not good storing codes. Check which wallet is very reputable in your country. We have one here and it's the one I've been using since I first purchased BTC. I tried exchange as well when I was starting to trade but upon reading here, there are some shady incidents of lost BTC stored in exchanges, not sure who are the ones saying true, but just to make sure, I moved all to my online wallet with 2FA activated.
mitha rosdiana
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November 10, 2017, 11:41:14 AM
 #28

you, especially myself, must find one of the regulated exchanges that obeys the rules and use them to buy bitcoins.
some bitcoin In this way, it will reduce the risk, you must transfer the coin.
a kind of cold storage, paper wallet or hardware purse and a regulated exchange, I also need it.
to move the coin to a storage method, where you have a single control over your own private key.
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November 10, 2017, 12:01:46 PM
 #29

I suggest to buy on trusted trading sites such as poloniex, bittrex, mercatox and so on, after purchase then immediately move to a safe wallet such as blockchain, xapo or blocktrail.
it's true, we have to buy or sell bitcoin on a trusted site, if we only use the site that originally likely to create a problem, on your account.

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November 10, 2017, 12:04:42 PM
 #30

I suggest keeping your wallet Cold Storage this way you are in charge of keeping it safe and not some third-party company. You can read the pros and cons of each wallet here : https://www.buybitcoinworldwide.com/wallets/ Make an "intensive" research before you decide which wallet you want to use.
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November 10, 2017, 12:05:30 PM
 #31

There are a lot of stolen wallet, is not because of the use of safety awareness caused by. The safest way to use bitcoin wallet of course is to use cold wallet. As long as you don't get to the Internet, hackers will not get your password. But the price is very high and cold Wallet
Makar88
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November 10, 2017, 12:19:18 PM
 #32

Crypto currency can be bought on international stock exchanges and in darknet. If laziness - in the "clean Internet" you dig up a dozen sites (at least), where the exchange is offered. There are also a number of topics on local forums, and localbitcoins.com, where you can find ads and create your own. At first glance - a terrible site, but if you "will work" it, you will definitely like it. In addition, bitkoyny can be bought with hands, not using banks to pay for the transaction - this is an ideal option.
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November 10, 2017, 01:41:22 PM
 #33

The best way to buy and hold BTC is like this... Buy them from peer to peer exchanges where you have to give the least amount of info, but still use privacy features like two factor authentication and escrow transcations, like localbitcoins.com does. Then use privacy wallets like Samourai Wallet which has an insane amount of privacy features, most you've never even heard of or thought of.

Ewox
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November 10, 2017, 01:45:57 PM
 #34

I think the safest way to buy Bitcoin is when you place a 2fa on your exchange account then if you have that coin already and your ready to hold on to that coin then you should probably transfer it to an offline wallet or hardware wallet to make sure your coins are safe and the only person that has access to those coins is only you.
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November 18, 2017, 08:47:07 AM
 #35

just only watch in the market or in the blockfolio and etherdelta.
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November 18, 2017, 09:28:15 AM
 #36

Find reputable exchanges such as coinbase for buying BTC with fiat. As for storing BTC, it is important to use a wallet which you have full control. Paper and hardware wallets are secure for storing BTC.

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mondobitcoin
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November 18, 2017, 11:06:24 AM
 #37

First thing: Use an offline wallet like Electrum
An offline wallet like Blockchain or an echanges wallet like LocalBitcoin, is unsafe, because they can close their site and take all the BTC, or can get hacked
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November 18, 2017, 11:30:27 AM
 #38

You can buy bitcoins in coinbase which is an popular exchange but it is not available in all countries so you can buy at localbitcoins.com which is also a safe place and available in almost all countries.But storing is little bit confusing,it is based on how much bitcoins you gonna store in that wallet.There are three types of wallet are available so hot wallet,software wallet and hardware wallet.If you wanna store it for long time the hardware wallets are best which is more secure.The three most popular and best Bitcoin hardware wallets are Ledger Nano S,KeepKey and Trezor.

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November 18, 2017, 11:33:00 AM
Last edit: June 24, 2020, 09:51:45 AM by Exclusers
 #39

Scam is fast way to earn  (you will earn less in future )If you do not develop yourself and become the smartest, or if those who defraud them, develop themselves and become smart, then your income will be zero.
ref link also fast  (you will earn littel in future )You need to provide powerful content like YouTube channels and others.
super ability can make you get bitcoins fast (a lot of work but will get a lot of bitcoins )
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November 18, 2017, 11:48:22 AM
 #40

You could buy bitcoins from any reputed exchange.But don't leave your bitcoins there.Download a new wallet ,for example from Electrum.org website and install it in your desk top.Don't ever give your private keys to any one giving offers that your investment will be doubled.

You could buy bitcoins from poloniex or bittrex exchange.Never leave your bitcoins in any exchange as it may get hacked as it previously occurred in Mt.Gox exchange.

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