Best way to store Bitcoin safely ?

[nvt2511]

I think bitcoin is virtual money and every money will definitely have the tools to keep it safely. So the best way to store bitcoin is  hardwere wallet because hackers can’t hack it because they need the hardwallet to get to it. Moreover  there are some online wallets as well but they are not so reliable.

[Leysen]

There are many ways to keep your bitcoins safe, one of them is similar to your method, but I think I have a method that is more efficient than yours, there is a hardware purse, if you want to store bitcoin for a long time, I suggest you use a hardware purse because it is very secure, because it does not integrate with the Internet every time, so it's free. and will be safe than the other method

[DoublerHunter]

I love my Ledger Nano for long term storage for bitcoins, eth and eth tokens that I won't touch for the next 6-12 months.

I also have a ledger nano s hardware wallet and i don't encounter any problem with it by using it and it is one of the best hardware wallet that i have ever used because i was using trezor before and i didn't feel any satisfaction because of the fewer coins that is being supported by the hardware wallet and now i am happy and satisfied with ledger nano s because of the more coins supported.

[player1001101001]

Now days many hacker groups continuously attacking on ico and wallets. So you have to take precaution. And you have to use hardware wallet which is the best place to store bitcoin.

[deppil]

I love my Ledger Nano for long term storage for bitcoins, eth and eth tokens that I won't touch for the next 6-12 months.

I also have a ledger nano s hardware wallet and i don't encounter any problem with it by using it and it is one of the best hardware wallet that i have ever used because i was using trezor before and i didn't feel any satisfaction because of the fewer coins that is being supported by the hardware wallet and now i am happy and satisfied with ledger nano s because of the more coins supported.

I myself have never tried hardware wallet yet. but it is worth to try to see positive feedback given all its users. I still use my old wallet (online wallet) because it is more practical and flexible. and still very safe to use. I have never experienced bitcoin theft. be grateful

[phosphine]

Best way to store Bitcoin safely is to have a btc wallet that has passcode whenever you are going to open it. I'm using coins.ph it is good.

[camily.june24]

I think the best way to store BTC is through cold storage, its almost impossible to get hacked while i cold storage There are however a number of options to Keep BTC safe,you can use Hardware wallets,You can also try paper wallet but considering of creating or making it,  it is time consuming.  I think almost all wallets available are safe and it only depends on your carelessness on exploiting your keys.

[Ayaancool]

Bitcoin isn’t an object, it’s an encrypted address on the blockchain. What you own is a unique key that unlocks a specific bitcoin location, and that’s what you need to be protecting at all times by storing it in a wallet.The easier way to store your bitcoin and other cryptocurrency is in a digital wallet online, or locally on your smartphone or computer. But leaving your bitcoin in public view can open you up to attacks from hackers and phishing scams. That’s why the best option is a hardware wallet that stores your bitcoin offline.Most hardware wallets look like USB drives and can be easily connected to a computer. They use a PIN number for security, along with a secondary password called a “seed” in case you forget the PIN. If you forget both passwords you’re pretty much screwed, so it might be worth writing the seed down somewhere safe offline.

[hdtqisg]

The best and safest way to follow me is to use a wallet software developed by a developer on a computer that is not connected to the internet!
Be careful when storing private keys or wallet.dat files

[Yatsan]

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

Best cryptocurrency wallets that are available are of the hardware variety. They provide maximum protection as they are most of the time encrypted in your hard disk. Ledger Nano S is one of the big names when it comes to securing coins via hardware wallets as it is very efficient and reliable. And, on top of that, cheap. Which makes it a very big option for when you choose to buy a wallet.

[LigwagGanern]

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

To store bitcoin safely just download a crypto wallet or digital wallet that many people use because it means that it has a strong security. If you have now a bitcoin wallet, make a password that you will never forget and no one can easily know it. Don't let anyone will know your password because he or she may get or take your bitcoin. Be responsible in holding your bitcoin.

[ethereumhunter]

I love my Ledger Nano for long term storage for bitcoins, eth and eth tokens that I won't touch for the next 6-12 months.

I also have a ledger nano s hardware wallet and i don't encounter any problem with it by using it and it is one of the best hardware wallet that i have ever used because i was using trezor before and i didn't feel any satisfaction because of the fewer coins that is being supported by the hardware wallet and now i am happy and satisfied with ledger nano s because of the more coins supported.

so which one is good between ledger nano s hardware than trezor? is it easy to use the ledger? how about the price? because I think I want to buy the ledger after I can make a profit again. actually, I don't have any problem with my trezor but I think I want to try the other wallet hardware so I can have another experience to store bitcoin.

[psha1360]

Not taking a risk also a risk..  Keep that in mind

Yes investing in Bitcoin is risky compared to traditional banks.. However in the long term Bitcoin can give you more than 10x returns..

[andreyka0308]

There are many online and offline wallets for safe storage. They do not know about security, but after that we also need to be careful to enter any unknown link that can be mailed to us by an unknown person.

[beurk]

OP should have made a poll !

[TonyCharls]

best way to store bitcoin is the hardware wallet . Trezor  also best offline wallet for btc store .

[sureshotcoin]

the best way to store bitcoin safely are ledger and nano both are hardware wallets investing in hardware wallets are much better rather than online wallets

[cavaBcoin]

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.

I do have the same thinking with you guy. Truly it’s much more better for us to get our wallet away internet correction because it’s quite an easy place for being hacked.   I am almost prone to hardware wallet like Ledger Nano because I feel like  that it’s highly secured than any others. Our private key can be guaranteed safely that make most hackers do not have any space to steal your wallet. Besides, hardware  is  immune to computer viruses which can increase the safety for our  wallet. In short, hardware wallet is rather a good choice to store wallet.

[leoleobeck]

Hardware wallet and a pc without virus and another extra laptop that is not connected to internet since it is bought. Try also to diverse your bitcoins from different hardware you have.Anotger way is by hardware wallets which offers the highest amount if security and tge highest amount of risks. Because when the hard disk of your computer is gone, so is your bitcoins.

[KieranWilson886]

since I'm just new with bitcoin this thread will be very helpful to me. mall values can be more comfortably stored on Hot Wallets