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Author Topic: What is the best safest way to keep bitcoins.  (Read 564 times)
karamoris (OP)
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December 23, 2017, 07:47:39 PM
 #1

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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TheBigBooster
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December 23, 2017, 07:48:17 PM
 #2

wallet with your private keys stored offline.
Karmakid
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December 23, 2017, 07:51:45 PM
 #3

You could store it in a offline wallet or a cold storage ,
I think it is the safest way to keep your bitcoin .
Marsouc
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December 23, 2017, 07:53:36 PM
 #4

Offline, paper, trezor, etc.
vanish9
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December 23, 2017, 08:00:10 PM
 #5

There are two options to maintain all your funds safe;
1- A paper wallet, just print it without internet connection and write down a copy of your Private key
2- A hardware wallet, it cost a few bucks, but they are completely safe.
DestinyJV
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December 23, 2017, 08:00:50 PM
 #6

what's the safest online way to keep Bitcoin and other cryptos?

Right now I keep some in my mining pools. Because I am still waiting to figure out the new tax laws. It is connected with Coinbase but... yeesh it sounds like a taxable event everytime I touch it in there.

If it's in a physical device.. there is always the potential it could be stolen, or damaged etc...

One thought was to keep it churning in things like cloud mining contracts. Any thoughts?
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December 23, 2017, 08:01:05 PM
 #7

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance

First of all, this topic isn't supposed to be in this section. Please move it here.

You could actually find your answer here on the forum or elsewhere on the Internet without the need of making a new topic. Anyway, I'm suggesting you check out this topic -> [General] Bitcoin Wallets - Which, what, why?. You can find all the information you need there.

faucet used to be profitable
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December 23, 2017, 08:02:10 PM
 #8

Just buy your own hardwallet and you will be safe and you have the guarantee that you'll be able to keep it in the safest place. But if you don't have budget buying your own, you can have a paper wallet or if you have a laptop then you can download a desktop wallet and keep those bitcoins of yours in that wallet and just connect that wallet whenever you need it or you will send to an exchange.



 

 

 

 

 

 


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jirene21
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December 24, 2017, 01:46:51 AM
 #9

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance

the best way is to keep it is offline. because online someone might steal it or hack it we don't know who but it is still a possibility. so writing it on a paper is good too.

andylioe78
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December 24, 2017, 01:52:49 AM
 #10

You can keep it in your offline wallet is the safest way to keep your bitcoin.
francesyrus
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December 24, 2017, 02:15:21 AM
 #11

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance

Put all necessary security options ON so that no one can hack your bitcoin wallet. Much better if using a offline wallet much safer than online wallet. You can also buy hardware wallet if you have lot of BTC to store..

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December 26, 2017, 01:07:52 PM
 #12

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance

I am using original wallets for Bitcoin and Ethereum. And of course some security measures are needed. For example use difficult passwords and never leave accounts of yours opened. Be aware about it.
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December 26, 2017, 01:16:01 PM
 #13

It's a cold purse, of course. All exchanges usually use hardware cold purses to store tokens, and their way is certainly the safest way to go. A small amount of bitcoin can be stored in a paper wallet, which is convenient for use.
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December 26, 2017, 01:23:36 PM
 #14

1- A paper wallet, just print it without internet connection and write down a copy of your Private key
2- A hardware wallet, it cost a few bucks, but they are completely safe.

There is always going to be people who print the paper wallet on a cybercafe, that is the worst thing that you can do, so try to avoid it.

And a hardware wallet is always going to be the best option, seriously, but yes, sometimes it is expensive, and specially if you live outside the US and you want to buy directly from a re-seller, it will cost you almost the double.

I have a Trezor and a Ledger, and a paper wallet too, and i have most part of my bitcoins distributed between those three wallets, only to be much more safer.

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December 26, 2017, 01:45:33 PM
 #15

The safest way to keep Bitcoin is by storing it in Ledger Nano S. Ledger Nano S is a hardware wallet. It also referred as an offline wallet. Online wallets are so prone to hacking. Bitcoin is very costly now. Hackers and scammers will do everything they can to steal Bitcoin. Ledger Nano S is the safest wallet therefore, it is the best.

2Godbdglory
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December 26, 2017, 01:59:36 PM
 #16

· Here are a few ways to store your
Bitcoins that may be safer than others.These
wallets are bits of hardware, external devices like USB
sticks amd memory card which you can carry around on your person. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more and u have to keep very safe
Sudhik
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December 26, 2017, 02:13:09 PM
 #17

Some famous wallet is safe, if you follow the rules , for the example : don't let people know your email, private key and etc, and don't easy to trust some offering with good profit, check it first.  Hide your IP is better, but nothing is imposible, all can be happen! Stay safe.
ghost424
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December 26, 2017, 02:14:57 PM
 #18

One of the safest way to keep bitcoin is by saving all the important information about your own wallet and not giving them publicly. You should save it into something that has no reports of that wallet being hacked. 
mobnepal
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December 26, 2017, 02:15:45 PM
 #19

Use either SPV wallets like;
1. Jaxx
2. Electrum
3. Exodus

Or you can try more safer option like paper wallet or hardware wallets;
1. Paper wallet from bitaddress.org (confirm that you are in real website)
2. Trezor
3. Ledger
4. Keepkey

Whatever wallet you will use don't forget to make proper backup of your wallet.
spinach98
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December 26, 2017, 02:16:24 PM
 #20

On my own point of view the best safest way to keep bitcoin is in Coins.Ph.This is a well known wallet in my country which is the philippines that is safe and secured.Also it is easy to use and hassle free.Coins.Ph is highly recommended if you want your bitcoin to be secured.
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