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Author Topic: Best way to store Bitcoin safely ?  (Read 2593 times)
bitfocus
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July 04, 2018, 08:35:05 AM
 #541

you should be using cold storage to store your Bitcoins.
Bitfling
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July 04, 2018, 09:10:09 AM
 #542

I think the best way to store our bitcoin is using hardwallet. Its more safe storing our bitcoin on hardwallet because its not connected on internet. But if we not using hardwallet, we should keep our private key safe
marcosfx
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July 04, 2018, 11:32:36 AM
 #543

All those things that you have listed are very helpful and fair enough,  but I would say that until you would have at least $10,000 on your account, you won't be interesting for the main hackers who can hack the system.

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jpnl0002
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July 04, 2018, 01:36:47 PM
 #544

There are so many ways to store or secure your bitcoin having a hard wallet (cold storage not connected to the internet) is the surest way to keep your bitcoin safe and also ensure your private keys are safe thanks 
burakdat
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July 04, 2018, 01:44:22 PM
 #545

Better get a hardware wallet especially if you had a great bitcoin holdings. As we all know that many are techie when it comes to Information Technology that could be able to access your computer online. So storing bitcoin safely is to use an offline digital wallet where it could never be reach by these smart people. I suggest save your bitcoin on a paper wallet it could be more advantage and safe to use.

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Veterock
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July 04, 2018, 01:55:40 PM
 #546

As i understand, the best way to store bitcoin is of course Ledger Wallet
BlackRacerX
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July 04, 2018, 02:21:20 PM
 #547

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

Spread your bitcoins apart to many wallets. That's a way higher survival rate compared to keeping everything in one wallet. It's scary that you leave it in one wallet and neither should you access it in any connections you aren't affiliated with. Don't ever be reckless with bitcoins.

mmo_online_1981
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July 04, 2018, 02:26:09 PM
 #548

Use a hard wallet or Wallet developed by the Bitcoin development team on a computer that is not connected to the Internet.
Or use the wallet Mutisig
2408AAY
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July 04, 2018, 02:51:50 PM
 #549

There are many ways to store bitcoin safely. You can do this by using hardware wallet and not giving out your private key and password to others.
Raggie
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July 04, 2018, 05:06:41 PM
 #550

The best way to store your bitcoin safely is by storing it on the cold storage.
Never use web wallet for your safety. A client desktop wallet in PC is ok, you have full control on your balance.
a ledger or trezor are good too.
gbccoin
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July 05, 2018, 05:04:19 PM
 #551

Well, Bitcoin is so secure itself. But also there are something that you need to make sure, actually are they secure? Your wallet, your data storage place, the safe drive password etc matters. You can use the most suggested wallet, next step keep all the personal data to a hard drive and keep that away from the touch of internet so that the account can feel more secure.
flatnose101
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July 05, 2018, 05:09:49 PM
 #552

The best way to store your bitcoin safely is by storing it on the cold storage.
Never use web wallet for your safety. A client desktop wallet in PC is ok, you have full control on your balance.
a ledger or trezor are good too.
yes you may try to store that on some pc or anything and try also to make some backup copy for some important files of your bitcoin.
jayanath123
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July 05, 2018, 06:01:37 PM
 #553

best way to store hard wallet to safely place. and online password storage place or spare store,
jonikris
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July 05, 2018, 06:41:27 PM
 #554

I think a private safe place to store bitcoin in hard wallet but you need some money to buy it
Guesstures012301
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July 05, 2018, 08:34:48 PM
 #555

For me i think the best way to store bitcoin safely is in hard wallet. Because unlike other wallets, this wallet secure your money. I think for me, this is the best wallet in all other wallets and i trust this one.
Lemayilleur
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July 05, 2018, 09:12:20 PM
 #556

I have always believed and will consider the most reliable way to store bitcoins - paper and portable media. in this case, the main thing is not to lose the device or data paper. it will also be important to protect your computer with the most reliable antivirus system and try to exclude visits to third-party sites.
Qpeeps
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July 05, 2018, 09:36:17 PM
 #557

Personally I'm using a Nano Ledger. As far as I know it should be very safe. Just buy it from a trustful shop, perhaps from Ledger stpore itself, to avoid the risk that someone could have manipulated the Legder beforehand.
E.J.Brown
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July 05, 2018, 09:43:08 PM
 #558

Best place is to store it on a hardware wallet, that way your coins are safe from hackers.  They will never be able to access your private keys since it never leaves your device. Good practice is to write down your seed words down on paper or metal imprint card and store them in a waterproof and fireproof safe. Good luck
kimpena
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July 05, 2018, 09:47:11 PM
 #559

Personally I'm using a Nano Ledger. As far as I know it should be very safe. Just buy it from a trustful shop, perhaps from Ledger stpore itself, to avoid the risk that someone could have manipulated the Legder beforehand.
YEs it is one of the best wallet that you can used if you want to store your bitxoin. But in fact the safety of our bitcoin was not only depends on our wallet but for also for us because every wallet have private keys so you must always remember and never foret it so that you have a back up for your wallet.

vnnbot
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July 05, 2018, 10:12:20 PM
 #560

the most reliable methods for storing bitcoins today are the apple wallets in the form of a flash drive, on which keys are written. Such devices do not have access to the Internet and steal keys with it is practically not possible. the only risk is a breakdown and loss of a flash drive. as an example, the hardware wallet Ledger Nano S.
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