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Author Topic: What is the best safest way to keep bitcoins.  (Read 564 times)
Dudeperfect
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May 14, 2018, 04:57:19 PM
 #101

A bitcoin wallet is nothing but just a private key which is required to spend the Bitcoins available in the associated Bitcoin wallet. Since Bitcoin is based on blockchain technology which relies on the principle of decentralization it gives us the freedom to hold our funds with ourselves, so it doesn't make any sense to allow someone to hold your funds on your behalf. Thus I would recommend you to hold your funds offline which is considered as the safest method. You can go with the reputed hardware wallet or paper wallet generated in a secure environment. Never hold your funds on any web wallet or exchange unless you want to use those funds immediately.
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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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cryptowisser
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May 15, 2018, 12:04:19 PM
 #102

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

Check out our list of wallets here, where almost all wallets in the world where you can store BTC are listed: https://www.cryptowisser.com/wallets/

All the best,
Cryptowisser
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May 15, 2018, 12:07:45 PM
 #103

You can use hardware wallet for btc. But you just need to buy it online.
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May 15, 2018, 01:58:44 PM
 #104

Safest way to keep bitcoins is to store it to paper wallet or offline wallet with secured key code. Always backup keys and don't ever try to share it to anyone.
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May 15, 2018, 02:15:09 PM
 #105

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

depends how much you have. store online up to the amount you are willing to lose. once your value gets beyond that point, store offline as per other suggestions.
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May 15, 2018, 03:12:06 PM
 #106

There’s no other way to store bitcoins safe but only in wallets. My advise? Do not put your private keys in your phone or somewhere online. Go old school, store in somewhere like a piece of paper. Or in USBs. Just make sure you won’t lose them of course.

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May 15, 2018, 03:13:52 PM
 #107

Safest way to keep bitcoins is to store it to paper wallet or offline wallet with secured key code. Always backup keys and don't ever try to share it to anyone.
This is the best if you don't have any intentions of spending those bitcoins and it's literally going for a long term hold.

Choose your wallet --> https://bitcoin.org/en/choose-your-wallet (Desktop, Hardware, Mobile, Web).



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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May 24, 2018, 11:43:39 AM
 #108

You can not keep your cryptocurrency or Bitcoin under your bed. The most safest and secure option is the cryptocurrency wallet.  A wallet keeps the key that helps you in receiving or spending the cryptocurrency. And also keep your keys to yourself.
janaiz
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May 24, 2018, 06:12:03 PM
 #109

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

A desktop wallet offers a number of advantages over an online wallet. While online wallets are easily accessed from anywhere in the world, they are also more vulnerable to potential hacking. Desktop wallets, on the other hand, are accessed only via your private computer, with personal security keys stored just on that machine. Thus, exposure of your security key online is reduced. Nonetheless, desktop wallets are still susceptible to hacks if your machine gets infected with malware designed to root out keys and steal Bitcoins.
cosmo1
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May 25, 2018, 02:57:26 AM
 #110

i am newb & want to know the best and safest way to keep collect btc .
thanks in advance
Use hardware wallet or paper wallet.
marianna2020
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June 03, 2018, 08:02:10 PM
 #111

I prefer to keep my bitcoin on the blockchain wallet, my ether and tokens on myetherwallet. Some cryptocurrency is on my deposit on binance and poloniex.
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June 03, 2018, 10:15:01 PM
 #112

you can stored your btc in wallets which has offline features like nanu s wallet. moreover, if you want to keep your coin in an online wallet then DON'T FORGET TO SET 2FA.

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