Just leaving your coins on Bitstamp? (good or bad idea?)

[Roccker]

Hi!

[Kill me but i didn't know where this post belongs (Did i just horribly miss something? Is a 'Securing your bitcoins'-subforum a good idea?)]


I am wondering: Shall i just leave my coins on bitstamp - or look into some other options?

Pro 'leave it on bitstamp':
- if Bitstamp is not secure, then we can say goodbye to bitcoin anyway?
- don't even know how much effort is needed to make good paperwallet
- i have less trust in having a paper in my apartment that is the only key to my savings then having it on bitstamp
- i have to keep coins and money on bitstamp anywhere to react on the course


Thanks for your perspectives/comments..

[Barek]

Really depends on how many bitcoins you are keeping there.

If it is a couple weeks pay, then losing it will ruin your day/week, but not your life.

If it is (much) more, you might want to look into proper ways to secure it. (Armory/Electrum deterministic wallet backup printout, ...)

[Apraksin]

I try to never leave my coins online for an extended time. If you're not daytrading put your coins in cold storage.

[LitcoinCollector]

I use cold storage

[colinistheman]

Cold storage is the way.

A simple paper wallet is the best for me.

[Birdy]

Unless you want to sell soon (or daytrade), you shouldn't leave your coins on an exchange.