roket1788 (OP)
Newbie
 Offline
Activity: 42
Merit: 0
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November 07, 2017, 01:34:16 AM |
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Hi bro and sis
Where to keep the Bitcoin at the safe place?
Or just keep at exchange before fork ?
Any idea ?
Thanks
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eance
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November 07, 2017, 02:52:27 AM |
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Imo, if you have more than 1 BTC, Trezor is a safe option among others
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pinkflower
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November 07, 2017, 03:31:40 AM |
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A cheaper option is to encrypt a USB drive and then use bitaddress.org to generate a wallet. You can use bitaddress.org on the fly on their website but if you are very paranoid then download the wallet generator from their Github and create your wallets in an offline computer. Then cut, not copy, your public address and private key in your encrypted USB drive.
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jakezyrus
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November 07, 2017, 03:45:29 AM |
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Hi bro and sis
Where to keep the Bitcoin at the safe place?
Or just keep at exchange before fork ?
Any idea ?
Thanks
it depends on you, if you want to get free forked coins then put it on online exchanges that supports the fork coins like yobit but if you want to ensure the safety of your coins then much better if you transfer it on a bitcoin wallet that allows you to hold your private keys , much better if you have a hardware wallets or on cold storage/offline computers to add an even extra security. |
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darylalban
Jr. Member
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Activity: 184
Merit: 1
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November 07, 2017, 04:06:39 AM |
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+1 for trezor. It's definitely a risk to keep it in the exchange.
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lucifochrome
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November 07, 2017, 04:20:29 AM |
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Cold wallet can be a safe place where you can put your bitcoins but when the fork comes you will not be getting any free alt coins however if you have bitcoins to spare i suggest you put some to exchanges that is if you wanted to gain free alt coins then trade it when the time comes. I think trezor is the best wallet there is.
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Bakemat
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November 07, 2017, 04:31:31 AM |
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Imo, if you have more than 1 BTC, Trezor is a safe option among others
If you want an tightest securities yes the trezor is a safe option compare to others bit it requires an payment before you access it . of you want the cheapest but the safe is to cold storage and to USB its have a good traits and have an safe securities but i hopr that sooner they make an atm in bitcoin that surely you secure |
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Raimy
Member
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Activity: 140
Merit: 10
★777Coin.com★ Fun BTC Casino!
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November 07, 2017, 04:33:31 AM |
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Imo, if you have more than 1 BTC, Trezor is a safe option among others
I agree with this, but even less than 1 BTC may warrant a hardware wallet. A Ledger Nano S can be purchased for less than $100, so I would think once you get even 0.1 BTC, which today is worth around $700, you will want to protect it. |
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Beerwizzard
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November 07, 2017, 04:33:34 AM |
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Well I would recommend to think on your own. Some people lost a decent amount of potential profit because they transfered their coins to their paprt wallets before the previous fork and were not able to trade it (while the ones who left funds on exchanges made some good money). So now they are saying that they gona keep BTC on exchanges. Imho this is still very risky and safey should come first but your risk management should be only your decision.
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Micerker J. Meyer
Newbie
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Activity: 53
Merit: 0
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November 07, 2017, 04:37:09 AM |
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Hi bro and sis
Where to keep the Bitcoin at the safe place?
Or just keep at exchange before fork ?
Any idea ?
Thanks
You should store your bitcoin in a cold or paper wallet. I suggest you using Trezor |
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Bloodseekers
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November 07, 2017, 04:40:26 AM |
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absolutely hardware wallet is the answers but if u dont havemoney to buy them u should using paper wallet
paper wallet is safe than online wallet, also make sure u print a least 3 paperwallet.
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Za1n
Legendary
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Activity: 1078
Merit: 1011
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November 07, 2017, 04:43:58 AM |
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Well I would recommend to think on your own. Some people lost a decent amount of potential profit because they transfered their coins to their paprt wallets before the previous fork and were not able to trade it (while the ones who left funds on exchanges made some good money). So now they are saying that they gona keep BTC on exchanges. Imho this is still very risky and safey should come first but your risk management should be only your decision.
Depends on how much money you have really. If you have less than 1 BTC leaving it on an exchange is probably the best option to take advantage of any forks. If you have > 10 BTC, you might only want to leave 1 or 2 BTC on an exchange to trade with and keep the rest secured in a hardware or paper wallet. You can still access your forked coins later on, you will just need to transfer your stored coins to a new address than use the old private key to access your forked coins. |
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S.coastapps
Jr. Member
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Activity: 60
Merit: 1
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November 07, 2017, 04:54:39 AM |
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A cheaper option is to encrypt a USB drive and then use bitaddress.org to generate a wallet. You can use bitaddress.org on the fly on their website but if you are very paranoid then download the wallet generator from their Github and create your wallets in an offline computer. Then cut, not copy, your public address and private key in your encrypted USB drive.
I Agree! bitaddress is the safest platform to keep the Bitcoin at the Safe place. |
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taiwww
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November 07, 2017, 05:12:37 AM |
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Cryptocurrencies are secure, because they are decentralised in nature and often analyse digital transactions.
They also validate everything on public, tamper-resistant blockchains.
With more & more money getting invested in digital currencies than ever before, and particularly given that many investors are new to the system and may not know how to keep their investments secure, hackers are coming up with innovative ways to steal funds from such new investors.
Many types of wallets are available in market Desktop wallet, Hardware wallet, Paper wallet etc.
Among them hardware wallet is more secure.
Its like USB stick you can carry it anywhere.
Always keep your private key encrypted.
Now each bitcoin is quiet worth so secure it.
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bazdarx8
Jr. Member
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Activity: 51
Merit: 10
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November 07, 2017, 05:15:29 AM |
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There is many wallets out there to keep your Bitcoin safe, you just have to do a little research and see what is best for you.
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Kakmakr
Legendary
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Activity: 3444
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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November 07, 2017, 06:13:05 AM |
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Your choice will depend on what you want to do. If you want to take decisions on your own, then you have to chose a method that would give you 100% control over your private keys. <Paper wallets>
Some people do not understand paper wallets, so they opt for methods that are much easier, like Hardware wallets and desktop wallets and/or online wallets. < These methods give the provider of these services the choice, when they want to extract the free coins or give support for it >
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Qiuyue201
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November 07, 2017, 06:18:44 AM |
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Never ever keep your bitcoin in a wallet if you don't want to lose bitcoin. Maybe some exchange will make Announcement regarding to what happen to your funds before and after HF but it have the potential of having system error and making you lost your bitcoin.
You should just safe it in a desktop wallet or hardware wallet and give it 2FA everything will be fine, even if HF occur, your bitcoin will still be there.
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drwhobox
Full Member
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Activity: 756
Merit: 133
- hello doctor who box
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November 07, 2017, 06:27:13 AM |
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I would recommend to keep your Bitcoin on a paper wallet. make a vanity address then put the private key and the funds on to it. after the fork you could just input your private key on a wallet that you can code your privatekey on it. Hope this help you.
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musbeto
Member
Offline
Activity: 75
Merit: 100
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November 07, 2017, 06:29:43 AM |
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Hi bro and sis
Where to keep the Bitcoin at the safe place?
Or just keep at exchange before fork ?
Any idea ?
Thanks
Any web wallet that accepts bitcoin to store it is safe. You can use the web exchange as a wallet if you want. |
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Teraboy
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November 07, 2017, 06:48:36 AM |
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Hi bro and sis
Where to keep the Bitcoin at the safe place?
Or just keep at exchange before fork ?
Any idea ?
Thanks
Just keep your bitcoin in those exchange sites that decided to support the b2x. You can take the more advantage by trade your free coin in there. The other people that will have received their fork in the wallet or something else will not able to send their bitsegwit2x after the fork due to the network still not alive. If you are wanna taking the more advantage and you can try to follow me step. I keep my bitcoin on binance. Some people will say that will a bit risky, but i just want to dump my bitsegwit2x |
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