Best way to store Bitcoin safely ?

[Ale88]

I agree with the last posts above mine, a hardware wallet is the easiest, cheapest, simplest and safest option you have right now. Get a Ledger Nano S and you'll be fine.

[UserU]

I agree with the last posts above mine, a hardware wallet is the easiest, cheapest, simplest and safest option you have right now. Get a Ledger Nano S and you'll be fine.

Even hardware wallets aren't always safe from exploits:
https://thenextweb.com/hardfork/2018/03/20/ledger-nano-s-hack-cryptocurrency/

[sneeze11]

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 the best way to store bitcoin safely is that make a copy of all the important things that you needed in your bitcoin. Just like what other said the most important thing to hide or secure your bitcoin is do not forget anything that is connected to it.

[crypteris]

Here are some considerations about how to secure Bitcoins, https://www.investopedia.com/news/bitcoin-safe-storage-cold-wallet/. Also, I believe that hardware wallets are the most viable among others.

[cryptolk]

The best method is hardware wallete. Most of people prefer ledger nano s. Its cheaper than tezor HW wallets. Also, no any issue identified with coinbase.

[qwerty12]

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

If we often have transactions with bitcoin, it is advisable to store the bitcoin on a wallet that is practical or easily accessible, for example bitcoin android and desktop wallet.

Blockchain is a trusted and unquestioned bitcoin wallet. We can see all bitcoin transactions like sending and receiving bitcoins from all blockchain accounts. The security system can guarantee in every transaction and storage.

Another plus is that blockchain makes it easy for online merchant merchants by setting up API technology.

[buiduc]

In my opinion, the safest way to save is to use a wallet address, and not to tell the key to anyone. 

[Aveatrex]

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

There are other ways to keep your BTC safe like buying a hardware wallet like Trezor or Ledger,also storing your coins in a paper wallet and keeping them in a safe place.
Other measures is not to download a wallet from unknown source as it may be infected with viruses that will steal your coins.(Electrum for example,alot of counterfeit wallets popped up and beginners fall in the trap),so check that you are downloading the wallet from the official website and check the developer signature and keep your computer safe from keyloggers and trojans.

[buiduc]

In my opinion, the safest way to save is to use a wallet address, and not to tell the key to anyone. 

[campingSider]

No matter whatever you do to safely store your bitcoin, if the method you use is something except hardware wallets, it does not make sense. In all other methods your bitcoin can be stolen.

[Wayan_Pedjeng]

In my opinion the best way is always a Hardware Wallet. Of course you have to have something to give us up, for the small change is not worth the expense.

Even online wallets are very safe, if you take the necessary precautions. I am not against the usage of hardware wallets. But my question is, why you should spend $100 or $200 on a hardware wallet, when the coins can be stored safely and securely in a wallet such as Blockchain.info?

[speedy1987]

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

There are many opinion, But I am using Coinbase wallet. Because Coinbase is a largest Bitcoin broker cum wallet, it is great place to store bitcoins in online. As of now they are support to exchange  Bitcoin, ETH, bitcoin cash, lite coin. And also we can exchange cash by using coin base in 30+ countries. they are looking forward to add XRP.

[systematicdeception]

install the appropriate applications on the computer or smartphone. Such purses are safer than online, because private keys will be stored on your device, but they are suitable for rapid exchange of crypto currency. Since these wallets require an active Internet connection, there is a risk of hacking. Jaxx, Exodus, Coinomi - one of the most running uncontrolled wallets.

[markgayamo]

For me I save my Bitcoin or may holdings in a wallet that secures my passcode, it means I am the only one who can access into that wallet. In mobile phones you can download an application that can save and store bitcoins or other coins in a wallet. You can also invest your bitcoin in some site that makes you a better profit. I think these wallets are safer in you will not share your information to other people.

[lushlife]

I always recommend using hardware wallets,

Hardware wallets — physical devices created to keep your cryptocurrency safe. Some online wallets also support hardware wallets.(Dan Podolan)

There are the best hardware wallet
1. Ledger Nano S
2. TREZOR
3. KeepKey

[Vanes_brz]

I use a hardware wallet, an inexpensive and reliable way to store the crypt, of course not all coins can be held on it, but the most basic can be)

[Core.BUSTER]

Create your wallet and save the file and equate it in an on-site location, but the metamask is also a security-relevant way

The simplest way to store your bitcoin is to create bitcoin wallet and put it a safe place. Furthermore, if you want to make it secure you should not share your password and private key to anybody so that you can assure that your bitcoin is safe and secure. You can also put authenticator so that you could know if someone want to open your wallet.

[Yoyo chan]

The best way of store bitcoin for a saver side is to use Blockchainwallet.info wallet address is a very good one and more secure than any other wallet in crypto community.

[nguli]

I never do bitcoin storage on my computer, I usually use more online wallets like blockchain.com to store the bitcoin I have.

[Question123]

There's offline wallet that you cn save your bitcoin and no internet connection , we know why hackers communicate to our devices is because of the internet connection that we use. But we don't know if until now the only way to hack or see your account is when you are using online maybe the hackers are upgraded alsp maybe they can hack us even our offline. We need to secure our account or wallet.