Best way to store Bitcoin safely ?

[Corsicoin]

The best way to store your bitcoins is to store it in a place you can't spend it!

Buy and forget are my best words...

[tansoft64]

Store it at blockchain.info, this is the most secure bitcoin wallet online and you can even leave it there for a long period of time and visit it back for 10 years and see what happen to your investment!

[Dmitry.Vastov]

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down
But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

I think this is most vulnerable question and I think is the question that every bitcoin user wants to know. As we all know that bitcoin transactions does not involve any third party seizure and it provides user anonymity so it’s very difficult to recover your bitcoin once been stolen so it is very much necessary to keep your private keys very confidential and I think pen drive or any otg drive or any portable device is the best to keep all these private keys .

[Ocha Bacoh]

  keep your wallet and private key, in a very secret place.

[vonnyaries]

i sugggest you to save it on the pc or mini pc that run linux operating system, why linux? as i know that linux is virus proof its mean that virus can't attack on linux operating system because it just made on the windows OS and i think the "developer" of the viros still like to makes viros for windows than linux OS

[romeo111]

There are many online and offline wallet to store bitcoin safely. They unsure us about security but after that we also have to be careful to entered any unknown link which might be send us via mail by unknown person.

[Sakash]

I think you can keep Bitcoin safe by downloading the best wallet. And can you use your accounting password?

[CGPA]

If you want to store your Bitcoin safely, I think using a hardware wallet. Because hardware wallet has enough security so that, hackers can't access your wallet easily. And of course, you should keep the wallet password as secret.

[Arkyo]

As for me concerns, I prefer hardware "cold" wallet Ledger. I use Ledger Blue, because it allows to hold 10 coins at the same time. So, it is the most most reliable way of storage.

[Rana590]

It can be safe but there will not have enough advantage for transection and use. Bitcoin is made for online purpose. If it will go for offline then new some issue also will be risen, it is sure.

[Lady Coquet]

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down
But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

In my own opinion, i prefer to use a cold wallet like ledger is a hardware that is very safe to store all your bitcoins because it is unhackable and cannot be open by other people. Just always put it in a safe place that no one could ever steal it from you and never misplace it because you cannot retrieve it once it was gone.

[felicita]

i think the safest way to store bitcoin is on a Paper wallet !
Its totaly offline and no hardware can get broken or destroyed


regards

[Fire316]

     I think there is no safe wallet for a professional hacker. But of course we need to do our best to make our wallet secured . For me, i preferred to use electrum and coins.ph bitcoin wallet then i make sure that i keep all the password and private key safe than nobody knows except by me. We are the responsible for the safety of our own wallet and wealth. Make some back up with your private keys and password for sure if ever you loss or forgot it ,you still have a copy. 

[eightfigurebinance]

As many of you know, the best way to store your Crypto is on a hardware wallet.
I just wanted to share this 10 free Ledger Nano S giveaway. This is a great opportunity to ensure the safety of your cryptocurrency. It seems like everyone is either getting hacked or scammed and I’m over it. If you do not win you should still buy a Ledger or Trezzor but this is a good opportunity to get one for free and save $100
I hope this helps everybody out!
Martin hacks made a video on the giveaway today so I'm sure many of you have already heard of it but if you not, here is the video https://www.youtube.com/watch?v=2HMzPK8z4BE and here is the link to the giveaway https://cryptodisrupt.com/cybervein-ledger-nano-s-giveaway/

[levvv]

1. Download latest BTC client

Yes it is the best way to secure your BTC on client wallet. The problem is, you need long time to download the database.
beside client wallet, you can use hard wallet of course, the most popular safest wallet for now.

[danwanyd]

There is no safe or absolute safe storage method, only a relatively safe method, bitcoin is a decentralized cryptocurrency.

Now the private key can be generated using the mnemonic, so you can get a program to generate the mnemonic word and then write it down and write down the address.

[Script3d]

The best way to store it is on cold wallet or paper wallet you just need to make sure to store it on a safe place that you only knows about it otherwise it will be stolen or destroyed. its also good to store on hardware wallet like ledger nano s, trezor because the security it offers.

[Hellokitty09]

i guess the best way to store bitcoin safely is stored it on a hard wallet.
but you need money to buy hard wallet, it is not free.

I think, a hard wallet like Ledger Nano would be a very appropriate wallet for a safer place of your bitcoin since it is not connected in the cyberspace. But for me, even if you're using the most secured wallet be it an online wallet or hard wallet, there's always a chance that it can be hacked if you are too careless enough to secure it. Hardware wallet is still the best wallet that we can use in order to keep safe of our bitcoin. We are the only one who can access our bitcoin wallet if we have hardware wallet. There are many hackers around the cryptocurrency world and it is the reason why we should be careful..

[tabas]

There is no safe or absolute safe storage method, only a relatively safe method, bitcoin is a decentralized cryptocurrency.

Now the private key can be generated using the mnemonic, so you can get a program to generate the mnemonic word and then write it down and write down the address.

There's a safe way to store bitcoin and that is through paper wallet or by purchasing a hardware wallet. You mentioned mnemonic? are you using blockchain.info only?

[enkongtukmol]

you can try ledger nano s, my friend is using it. I have no idea how safe it is but I still observing the one used by my friend. hope its safe cause if that one also gets hack I have nowhere to place my token.