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Author Topic: Best way to store Bitcoin safely ?  (Read 2645 times)
Susu xanh
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June 18, 2018, 09:48:23 AM
 #361

The best way to store bitcoins is, you must have a wallet to store your bitcoin. Create your own wallet and save the file safely, if you can private key so someone does not know.
Ling ching xu
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June 19, 2018, 08:13:29 AM
 #362

Bitcoin crypto currency become most popular. There are several ways to store Bitcoin in your offline wallet including paper wallets, hardware wallets, etc. You can download the famous paper wallet generator from GitHub and move it to an offline PC and create a paper wallet to store your funds offline. In addition, hardware wallets are another more flexible way to use. And this is a safer way so that others will not know about the Bitcoin we have. Thanks
Da2ja3
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June 19, 2018, 08:36:00 AM
 #363

For me, i use an hardware wallet, Ledger nano S. It is one of the safest ways to secure your cryptocurrencies.
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June 19, 2018, 09:12:32 AM
 #364

The best way to store bitcoins is, you must have a wallet to store your bitcoin. Create your own wallet and save the file safely, if you can private key so someone does not know.

Using protected programs are too important. PC must be protected from everything, even from your friends and familly.

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Babylon
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June 19, 2018, 09:16:54 AM
 #365

I think the safest way to store your bitcoin is through a hard ware wallet like nano ledger s or trezor,
It is safe to store some other alt-coin in that wallet to and I don't really tried the so called paper wallet but they say that it is also a good way to store some bitcoin.

 
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Manue_77Smith
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June 19, 2018, 09:24:54 AM
 #366

There are several different things which we should focus on to store our Bitcoins safely.
- Store your key in a safe place. So no one can access it
-You should download latest BTC client.
-Also can use a safe wallet for storing your bitcoins.
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June 19, 2018, 09:38:30 AM
 #367

There are so many good ways to store your Bitcoins but one thing that you must emphasize on is the security of your coins,this should always be given priority at all the time. we all have preferences when it comes to the choice of wallet we use. some will settle for web based  MEW because of the rapid transaction speed and efficiency, But for the sake of proper security, I'd settle for Hardware wallets which are not as prone to hacking as Web base wallets. They store your crypto offline making it impossible for a stranger to access it. Try it
bruceemake
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June 19, 2018, 09:41:20 AM
 #368

Thanks for sharing with us
julielyn
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June 19, 2018, 09:43:24 AM
 #369

how about keeping multiple amounts at different wallets ?? it not what is meant by " don't keep all of your eggs in one basket" but you can think of it as a twisted way to apply this saying, you reduce the risk this way don't you think ??


To make your bitcoin safer you better copy the copy of your private key so that when you transac make your bitcoin dash and you will not have the scummer to hack into your bitcoin account that's good to do for your btc safe.
Bonnie Cleary
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June 19, 2018, 09:49:54 AM
 #370

the best way to store bitcoin safely first of all create your e-wallet where  you store your bitcoin. we know the bitcoin is decentralize currency and on one tough and feel of bitcoin .so e wallet is best option you have.
binhbaamboo
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June 19, 2018, 09:54:36 AM
 #371

I think the best safe way we should store in hard-wallet
Jin xiou
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June 19, 2018, 09:55:14 AM
 #372

There are  "banks of bitcoins" - these are network resources that are convenient enough to use. The user is provided with a purse from which it is possible to perform transfers and an "account" from which it is possible to translate cryptonyms into a purse.
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June 19, 2018, 10:16:17 AM
 #373

Follow me,
For bitcoin as well as altcoin, it is recommended to use the wallet software developed by the developer, create the address on the machine does not use internet connection!
Always carefull when using private keys
feny.blackpink
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June 19, 2018, 01:20:14 PM
 #374

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 Sad
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 Huh

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 Smiley

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

To store your coins safely on your wallet, using a desktop client wallet is not a bad choice.
if you compare with using web wallet, your risk for wallet being exposed is very small. Just save the mnemonic or keys safely in your safe place.
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June 19, 2018, 01:30:03 PM
 #375

I would rather save my Bitcoin in Exchanger than wallet, because it's easier for me to control my money, if at any time the price of Bitcoin goes down. The other reason is that I am not a true holder who can hold the coin for the long term.
Chanock
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June 19, 2018, 01:47:03 PM
 #376

Basically the way to store your bitcoin is always depends in you and how you treat it. There are some ways to store your bitcoin in safe ways. Like using hard drive wallet as back up. Also keep safe your private key and other authentication code to ensure the security of your digital wallet or bticoin storage. Used your personal desktop when you are trying to access in your accoun or wallet. Another is don't open your account in suspecious site. Make sure that your the only person can access to your account.
ethereumhunter
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June 19, 2018, 01:53:58 PM
 #377

it is better to store bitcoin in the hardware wallet than in the exchanges especially if we have much bitcoin like for example more than 10 bitcoin. we don't know how safe the exchanges and there are no guarantee that we can keep our bitcoin in that place. maybe I will leave only small amount bitcoin and keep the rest of my bitcoin in the hardware wallet.

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June 19, 2018, 03:50:47 PM
 #378

Create your wallet and save the file and equate it in an on-site location, but the metamask is also a security-relevant way
If you want to store your bitcoin just simply create a wallet so that you can put it on. In addition to that, just create on a trusted wallet so that you can sure your bitcoin is safe and secure. If you already create wallet do not ever share your password and private key to anybody and just put a 2fa to make it more secure.
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June 19, 2018, 04:30:24 PM
 #379

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 Sad
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 Huh

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 Smiley

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

Keeping Bitcoin in a software wallet really gives us Bitcoin holders anxiety and overthinking. I suggest that you may try using a hardware wallet in order to not let hackers get your bitcoin wallet. You can also try finding reliable Bitcoin wallet online. The only problem with this, you need to take care on your passkey and check if the website is legitimate or not.
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June 19, 2018, 04:54:08 PM
 #380

If you have got bitcoin which is worth a lot of money then you should use hardware wallet, otherwise, you can use free online wallet such as Coinbase, Blockchain.info. Both of them are very good.
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