Bittoshi
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October 31, 2017, 09:05:07 AM |
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I amke sure to at least run a antivrus and firewall all the time and store the private keys in a password manager (keepass). It might not be 100% secure but so far I had no problems.
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Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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bityinvestor
Newbie
Offline
Activity: 55
Merit: 0
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October 31, 2017, 09:05:59 AM |
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All on my pc... cannot trade if I put them in cold storage...little but worried about privacy though..
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sororiumu
Newbie
Offline
Activity: 3
Merit: 0
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October 31, 2017, 09:09:34 AM |
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hi. I left it on the exchange
I could write it for the first time!
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Imran1271
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October 31, 2017, 09:14:45 AM |
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All of my erc20 supported altcoin I do hold in my ether wallet and waves wallet. when I decided to do trade by some of the coin, I make deposit them in exchange for trading.
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Junixi
Jr. Member
Offline
Activity: 322
Merit: 5
W12 – Blockchain protocol
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October 31, 2017, 09:22:17 AM |
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Desktop wallet is the safest
I'm also a novice, and I hear it often on the forum. Explain to me why the desktop wallet is safer?
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W12.io ▬▬▬▬▬▬ Blockchain protocol Built F O R : ❤ Charity Market ⚫ ICO ֆ CROWDFUNDING [https://tokensale.w12.io/]
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wasean
Member
Offline
Activity: 336
Merit: 10
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October 31, 2017, 09:27:24 AM |
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What kind of wallets I do not recommend to use?
Do not give ANYONE your private key. This means - do not use any of these wallets: Online web wallets, like blockchain.info, Coinbase, etc. In generally, all wallets which keep the private key on their servers. Any hot wallets. Any app on computer or phone which is used with Internet connection. It can be used with small amounts to make payments, but not for storing your whole money.
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andrii.povkh
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October 31, 2017, 09:29:10 AM |
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I aslo decided to choose Ledger Nano s as a main wallet for holding coins. You never know what can happen to your laptop or online services, expecially exchanges. So I prefer to hold my money offlne and sleep well.
If you have millions of worth in tokens, I agree with you, offline hardware wallet is a safe choice. But in other cases, what is wrong with using popular online interfaces to access your wallet, like myetherwallet.com, or browser extension like Metamask? Those are just tools to access your wallet address in the blockchain, if one online wallet is not accessible, you can always use another one to access the same wallet address.
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phpartisanmaster
Member
Offline
Activity: 350
Merit: 10
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October 31, 2017, 09:30:30 AM |
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It depends on the coins that you are holding, I invest in etherium coins and i use myetherwallet(M.E.W.) but before i decided to use this as my coin holder i have tried to do a lot of research and most of the experienced traders here are suggesting to use MEW for eth coins, So i choose it.
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feelideb
Full Member
Offline
Activity: 770
Merit: 101
fLibero.financial
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October 31, 2017, 09:37:38 AM |
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I use to hold all my altcoin on bitttrex and my bitcoin in my wallet(hot and cold) but now my alt have started to stay in my wallet. I can not trust any centralized exchange any longer. We need bitcoin trading dex!
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Croin
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October 31, 2017, 09:56:30 AM |
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It depends on the coins that you are holding, I invest in etherium coins and i use myetherwallet(M.E.W.) but before i decided to use this as my coin holder i have tried to do a lot of research and most of the experienced traders here are suggesting to use MEW for eth coins, So i choose it.
Well MEW is a nice one, but use one of the hardware wallets for accessing to it. It's badly secured if you simply use your pw which can be easily hacked. Don't do it
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Yuhee
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October 31, 2017, 09:59:25 AM |
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I use to hold all my altcoin on bitttrex and my bitcoin in my wallet(hot and cold) but now my alt have started to stay in my wallet. I can not trust any centralized exchange any longer. We need bitcoin trading dex!
Bittrex for me was among the good sites out there but still it needs confirmation but for me i cant really keep up with that. Because i already made an account now and i cant take back the money from my old account because of i might have the same 2 account. I just recently used Cryptopia for convertion and then trading and so far for me, it is good for storing and at the same trading if needed as much as possible.
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traderethereum
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October 31, 2017, 10:09:27 AM |
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I use to hold all my altcoin on bitttrex and my bitcoin in my wallet(hot and cold) but now my alt have started to stay in my wallet. I can not trust any centralized exchange any longer. We need bitcoin trading dex!
be careful if you decide to save all of your altcoin in exchanges because we don't know if we are really secure or not but bittrex is a good exchanges that protecting our coins. i agree that we should save our bitcoin into private wallet because we don't want our bitcoin to get lost and its better to prevent than getting loss. i think if you can find wallet for your altcoin then you can move and save your altcoin to that wallet so you have two wallet to save your coins.
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Anita1873
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October 31, 2017, 10:45:33 AM |
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Holding a coin for long-term is in a cold storage , its depends on your coin project is had a feature of staking or master node you better keep it on a computer set a strong encryption on that computer and set a specific IP address that can only access that computer.Some coins can held on exchanges.
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Joricbarmeb
Jr. Member
Offline
Activity: 41
Merit: 1
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October 31, 2017, 12:02:22 PM |
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Myetherwallet - very comfortable service
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daglordjames
Member
Offline
Activity: 550
Merit: 10
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October 31, 2017, 12:10:02 PM |
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I hold my coin in poliniex because it takes just a little bit of your coins.
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John Langut
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October 31, 2017, 12:16:31 PM |
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But desktop wallets can also contain malicious code and steal your coins and other valuable data from your computer. Not even a virus scanner can always detect what dangers are inside them.
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Chan8
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October 31, 2017, 02:30:36 PM |
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Wallet, exchange, Hardware Ledger Trust me, you wouldn't wanted to hold everything in one place Exchange = Could be hacked Local Computer = Could be infect with Virus, Keylogger and etc The best practice is to get a public ledger wallet, so your Cryptos don't get steal unless they had ur hardware ledger wallet + Pin This is the really the best idea but for me that doesn't have a ledger, cold storage wallet will be my last resort. So far, I did not experience any situation that those hackers had stole any of my coins so I can say that holding it in a desktop wallet is safe. Not yet, exactly what that means. So you are anticipating for something to happen to you coins. Best way to protect your funds is prevention, sooner or later someone or hacker will gain access to your computer or laptop. And as time goes by, im sure your funds are accumulating from more coins and price gains. So do yourself a favour and invest i a $100 hardware wallet. Always use a hardware wallet!
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oegarod
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October 31, 2017, 02:36:18 PM |
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Wallet, exchange, Hardware Ledger Trust me, you wouldn't wanted to hold everything in one place Exchange = Could be hacked Local Computer = Could be infect with Virus, Keylogger and etc The best practice is to get a public ledger wallet, so your Cryptos don't get steal unless they had ur hardware ledger wallet + Pin This is the really the best idea but for me that doesn't have a ledger, cold storage wallet will be my last resort. So far, I did not experience any situation that those hackers had stole any of my coins so I can say that holding it in a desktop wallet is safe. Not yet, exactly what that means. So you are anticipating for something to happen to you coins. Best way to protect your funds is prevention, sooner or later someone or hacker will gain access to your computer or laptop. And as time goes by, im sure your funds are accumulating from more coins and price gains. So do yourself a favour and invest i a $100 hardware wallet. Always use a hardware wallet! As the above mate mentioned, using a hardware wallet increases the security on our bitcoin holdings. For the same we cannot say that online and desktop wallets were insecure. Here too we have got lot of security features that can be used to make our holdings more secure.
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Mahanton
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October 31, 2017, 02:54:39 PM |
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the safer place to hold any coins is on the desktop wallet just download gere https://nebl.io/walletsbut for faster profit you can hold in exchange, so you can sell the coin in any price with pending order This post answers it all which desktop wallet on the link given is the best place to store up those coins but somehow hassle or would really put you on delay when theres an selling or buying opportunity on exchanges.This is the advantage but well as op mentioned he do tend to go for long term then the best thing to do is keep on desktop wallet is the best choice.
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R |
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olubams
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October 31, 2017, 08:02:42 PM |
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So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.
Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.
Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?
Keeping on exchange site or web wallet for as short as one week is long term because these people can wake up one day and come up with a change in policy that would take effect immediately without recourse to your feelings or investment because to them, its secondary. Another is the way they are subjects of targets which is on a continual basis and because hackers will not notify you of their heist, you are further at their mercy.
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