wondering what wallet to use?(long term)

[lushlife]

If you're planning to BTCitcoins long term here's some advice from various cybersecurity experts,

Keeping bitcoins in a secure place has proven to be difficult, says John Black, vice president of education at SecureSet, a Denver-based immersive, accelerated cybersecurity academy. Investors holding accounts at an exchange, including mobile app wallets like Mycelium, are vulnerable because all of their assets could be stolen.
"Just as you would never walk out of your home with a lot of cash in your wallet, you should not hold a lot of bitcoins in a wallet on your phone," he says. "Instead, you should use 'cold storage,' which is a way of storing your bitcoins offline so they are not subject to online hacking."
Investors holding a substantial amount of bitcoins should always use a wallet or exchange that uses cold storage. ( From Ellen Chang's article link here )

This is why I always recommend to use "cold storage".

[ALLON2017]

What hardware wallets take what coins ?

[Pursuer]

Investors holding accounts at an exchange, including mobile app wallets like Mycelium, are vulnerable because all of their assets could be stolen.

Investors holding a substantial amount of bitcoins should always use a wallet or exchange that uses cold storage. ( By: Ellen Chang )

are you just copy pasting different quotes out of context here? because the way you   are quoting them here is contradictory and misleading.

you should NEVER EVER use exchanges as a way to store your cryptocurrencies. you should use cold storage yourself not trust the exchange to use it for their funds. when you deposit on an exchange you give up your ownership and depend on them to be honest enough to pay you back what you gave them, it doesn't matter where they hold these funds.

[lushlife]

Investors holding accounts at an exchange, including mobile app wallets like Mycelium, are vulnerable because all of their assets could be stolen.

Investors holding a substantial amount of bitcoins should always use a wallet or exchange that uses cold storage. ( By: Ellen Chang )

are you just copy pasting different quotes out of context here? because the way you   are quoting them here is contradictory and misleading.

you should NEVER EVER use exchanges as a way to store your cryptocurrencies. you should use cold storage yourself not trust the exchange to use it for their funds. when you deposit on an exchange you give up your ownership and depend on them to be honest enough to pay you back what you gave them, it doesn't matter where they hold these funds.

Sorry, will fix it

[abiola1]

I typically suggest using an official (or officially endorsed) wallet for any given coin. So, for Bitcoin i would suggest using the Bitcoin Core Wallet, for Litecoin i would suggest Litecoin Core, and for Ethereum i would suggest either Ethereum Wallet or MyEtherWallet.

[MintDice]

What hardware wallets take what coins ?

The two hardware wallets you should become familiar with are the Trezor and the Nano-s. The nano-s holds just about every altcoin you'd want to trade, anything they don't yet support is probably not worth your while.

Here's the list of coins supported by nano-s: https://www.ledgerwallet.com/cryptocurrencies

[bocyaj]

Coin base is the best wallet to hold your bitcoin for longer period. I don't face any such hacking in coinbase.Some people are raising their bitcoin in coin base wallet was stolen.I don't means,their words are false.The true is ,I don't face anything yet.So Coinbase is best wallet for long term holders.

[BitcoinNewbie15]

Coin base is the best wallet to hold your bitcoin for longer period. I don't face any such hacking in coinbase.Some people are raising their bitcoin in coin base wallet was stolen.I don't means,their words are false.The true is ,I don't face anything yet.So Coinbase is best wallet for long term holders.

Not really, Coinbase is one of the worst places to store your Bitcoin, especially long term. Coinbase controls your Bitcoin, not you. If they get hacked, and their wallets are completely emptied, you would be out of luck. They could freeze your coinbase account anytime they like, and you would be out of luck. Whoever holds the private key of the wallet, are the ones that control the coins. Otherwise, the BTC in your coinbase account is an IOU. You should control your own private keys through your own cold storage wallet. Trezor or ledger nano S is a good way to go.

[bitcad4u]

From my knowledge,localbitcoin wallet is best one.With that wallet you can do trade also. I had holding my bitcoin for longer period,it was safe in that wallet.I had never face any problem in that Wallet.Every month I will buy some bitcoin and save the entire bitcoin in localbitcoin wallet.

[Karina 3340]

I think first you need to learn what kind of wallet will be convenient for you. Airbitz, iOS, Android, some of the good options. Without the transfer of sensitive data, one-time password verification, 2-factor authentication in one touch

[Chidibounty]

I just use Eidoo and imtoken, for ether and other Altcoins erc20, but I use coinomi to keep my bitcoin

[a4techer]

Very well said and im agree on what are you saying because if we based on the reality and or the tangible money it so dangerous to those people who have a big amount or thousand of dollars on his/her pocket/wallet but if you put it in banks or some volt that can never get it was safe so that same as in bitcoin don't put a large amount into you bitcoin wallet because hackers was always ther to get you coins so that as he said that cold storage or the hardware wallet that can never hack because it is offline wallet.

[Hellokitty09]

Coin base is the best wallet to hold your bitcoin for longer period. I don't face any such hacking in coinbase.Some people are raising their bitcoin in coin base wallet was stolen.I don't means,their words are false.The true is ,I don't face anything yet.So Coinbase is best wallet for long term holders.

Well, for me the  best  wallets for bitcoin are coinbase, blockchain and coinomi. This wallets are fully secured to place and store bitcoin and with regards to security features. Many of our investors here are using in this types of wallets because they are easily to used and transaction fees are affordable in as fast and easy way to transfer money safely.

[ladydark]

I would suggest you to use Electrum wallet for short term storage and hardware wallets like Trezor,Nano S Ledger for long term storage.

[Noctis Connor]

Coin base is the best wallet to hold your bitcoin for longer period. I don't face any such hacking in coinbase.Some people are raising their bitcoin in coin base wallet was stolen.I don't means,their words are false.The true is ,I don't face anything yet.So Coinbase is best wallet for long term holders.

Not really, Coinbase is one of the worst places to store your Bitcoin, especially long term. Coinbase controls your Bitcoin, not you. If they get hacked, and their wallets are completely emptied, you would be out of luck. They could freeze your coinbase account anytime they like, and you would be out of luck. Whoever holds the private key of the wallet, are the ones that control the coins. Otherwise, the BTC in your coinbase account is an IOU. You should control your own private keys through your own cold storage wallet. Trezor or ledger nano S is a good way to go.

Yes I agree with you, It is better to store your funds in your own wallet for safety purposes not on other exchanges, in exchanges your account will possibly hacked the moment that the site is compromised so better be secure that out of luck.

[lookbooker]

cold storage what is it? I'm new in so that in the wallet there is very little almost no huhu ..... this I will learn gradually, thanks nha

[Gintama214]

There are many wallets that are available out there, and choosing which one can be hard if ever you wonder which one to use always use especially, in a long-term investment which is really hard to keep but then it really depends on which you are investing. If you are investing like BTC or ETH you can actually buy a pager for it and so that you can keep it isolated so that no one will ever touch it but then you also need to keep your page safe and don't ever lost it until then when you decide to exchange it with real money. If you are thinking of investing with other altcoins the most legit wallet that you can use is the original wallet in their ICO.

[stayeduptolate]

If you're planning to BTCitcoins long term here's some advice from various cybersecurity experts,

Keeping bitcoins in a secure place has proven to be difficult, says John Black, vice president of education at SecureSet, a Denver-based immersive, accelerated cybersecurity academy. Investors holding accounts at an exchange, including mobile app wallets like Mycelium, are vulnerable because all of their assets could be stolen.
"Just as you would never walk out of your home with a lot of cash in your wallet, you should not hold a lot of bitcoins in a wallet on your phone," he says. "Instead, you should use 'cold storage,' which is a way of storing your bitcoins offline so they are not subject to online hacking."
Investors holding a substantial amount of bitcoins should always use a wallet or exchange that uses cold storage. ( From Ellen Chang's article link here )

This is why I always recommend to use "cold storage".

This is a very good news and a learning news that you have shared, I was completely unaware with this and you well said that we will not go out from your homes carrying a lot of money in our wallets and the same is with bitcoin also and moreover the bitcoin wallets are more susceptible for online stealing and the cold storage concept of yours is very innovative that we can store our high amount of bitcoin offline in our wallets so that they are not susceptible to online stealing, I would like to know more about this offline cold storage if you can share.

[elncrow]

Personally i like to use hardware wallet. Because i feel these wallets are secure and safe. Hacker can’t hack these wallets. But it’s true any wallet can’t provide you 100%security.

[zinson01]

Based on this there are many wallets in the market but based on this you have to pick good one also bitcoin offers hard ware wallet that is so secure than others so you can use this because this only made for this and there is lots of securities.