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Author Topic: What is best wallet for long term bitcoin holding?  (Read 4084 times)
sneeze11
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August 21, 2018, 10:15:13 AM
 #161

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.



I think the best way for a long term holding here in bitcoin is an harware wallet. You can keep it until the time came that you wanted to sell it.
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ghosong
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August 21, 2018, 10:25:45 AM
 #162

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
You can use certain wallets which are better for storing them in hardware Wallets and offline is the best so it's safer.
Usually I only use a wallet provided by a local service provider here in my country, I think it's safe enough, and I will only hold it on my account.
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August 21, 2018, 10:37:48 AM
 #163

Bitcoin wallet used for a long time investment, I prefer using Blockchain wallet, which has more secure and saved, secondly, base on current price of bitcoin has come down to buy and keep for a long time selling.
judel_2018
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August 21, 2018, 10:46:30 AM
 #164

I am just using a wallet provided by the local service provider here in my country I will just hold it on my acct but if you want to hold in a particular wallet it is better to hold it in a hard wallet so that it is much secured.

I think paper wallet is the best wallet for holding bitcoin for long term. I choose this wallet because it is very safe. And also it is very far from hackers and I keep it very well.
ryan619
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August 21, 2018, 02:21:29 PM
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 #165

If you are looking for the best wallet for long term holding then i suggest you get a hardware wallet if you are buoyant but if you are not i suggest you make use of blockchain wallet and make sure u activate the email and google authenticator so as to safeguard your wallet and never forget to always backup your phrase and keep your recovery phase safe.
angelakrasnova
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August 21, 2018, 02:53:05 PM
 #166

the best wallet is a personal computer! you need to install a purse on your computer, it weighs 140 gigabytes, after downloading all the blocks! and not in any way not to go from this computer to other sites, as well as do not use it in general except for storage! then exactly no one will steal your money!
Bosunbossman
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August 21, 2018, 04:37:46 PM
 #167

specifically i will suggest you make use of mycelium wallet. You can download it at playstore, It is one of the best wallet to me which has good user interface with maximum security and please dont forget to extract your private key and keep it safely

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Wish 107.5
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August 21, 2018, 04:39:31 PM
 #168

Bitcoin wallet used for a long time investment, I prefer using Blockchain wallet, which has more secure and saved, secondly, base on current price of bitcoin has come down to buy and keep for a long time selling.
Well blockchain is a good wallet but now, I am currently using coins.ph as my wallet. I’m putting all my coins here and holding it until the prince increases.
ibininja
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August 21, 2018, 04:39:56 PM
 #169

you want something that can be considered cold storage while it is resilient. my favorite is encrypted private key etched on a piece of metal. which is basically an improved version of paper wallet. it is a cold storage (if you create it right, meaning offline on a clean computer). and it is encrypted so no one can just read it and use it. and also it is on a metal (you can use stainless steel which is easy to find and cheap, or Aluminum) so it is resilient to fire, water,...

stay away from web wallets like the suggestion the first reply above gave, that is the dumbest way of long term storage! not to mention that an account on coinbase doesn't give you your private keys so you don't own a wallet you only own an account!

Couldn't agree more on the web wallet and especially if it is an exchange wallet. You are basically under the mercy of the exchange.

Arafat01775
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August 21, 2018, 04:47:21 PM
 #170

I think every wallet is ok for holding bitcoin. But you have save your privet key. Privet key is main if you keep save your privet key then your wallet is secure. And you can also use hard wallet like trezor.
mbenga
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August 21, 2018, 08:12:35 PM
 #171

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
In my personal opinion, one of the best wallets for long term Bitcoin holding would be Ledger Nano because it is one of the most stable and secured from other wallets and it is not totally online to be easilly hacked.
dear53
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August 21, 2018, 09:34:38 PM
 #172

Many people will ask you many wallets when asked. I'm talking about you need to know about a good quality wallet, which is what it needs to be in order to be a good wallet. There is an idea of ​​a wallet. So you have to look at the terms and conditions of each wallet. You have a good idea about these wallet security. The wallet used to keep bitcoin is not the same as the security of all. If you want to listen to people, you can get in trouble in future. So I want to say you that to keep your bitcoins safe You need to find a good wallet the wallet that you like. You can get such a good wallet by using your own intelligence. So do not listen to someone else's words and find yourself a good wallet. I suggest you the paper wallet is one of the good wallet for long term Bitcoin holding........ Smiley Smiley Smiley Smiley Smiley












MalcolmBee
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August 21, 2018, 10:12:47 PM
 #173

Electronic wallets can be downloaded software, or hosted in the cloud. The former is simply a formatted file that lives on your computer or device, that facilitates transactions. Hosted (cloud-based) wallets tend to have a more user-friendly interface, but you will be trusting a third party with your private keys.
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August 21, 2018, 11:13:46 PM
 #174

The software wallet is a hot wallet that uses applications to manage your wallet. You can download and install software wallet directly on your computer, phone or tablet. There are many types of wallets today.

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jorgelugra
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August 21, 2018, 11:24:45 PM
 #175

I think that most traders would agree that the best wallet for btc is the hard wallet. you should take this into account and not choose any other one if you don't want to take risks
drachman
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August 22, 2018, 01:18:16 AM
 #176

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
If you want to store your coins for the long term then the best option is a hardware wallet no only they are very secure the chance that you lose your money is very low especially if you use an operative system that is clear from viruses, another good option is a paper wallet but a paper wallet has some disadvantages compared to a hardware wallet and that is why I prefer the former.
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August 22, 2018, 02:18:51 AM
 #177

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.

I think if i am planning to hold my bitcoin for long term, i am prefer store my bitcoin in hardwallet. Hardwallet more secure because its not connected with internet. But i think in any wallet, as long we keep our private key, i think its safe to store our coin
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August 22, 2018, 02:36:02 AM
 #178

The software wallet is a hot wallet that uses applications to manage your wallet. You can download and install software wallet directly on your computer, phone or tablet. There are many types of wallets today.

You just need to be more diligent to find information on Google to see and analyze a good wallet that you use for the long term.
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August 22, 2018, 01:37:39 PM
 #179

Those reply of this post are useful. Tks for the post. I will save this post on my bookmark
Siakol
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August 22, 2018, 01:44:07 PM
 #180

What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
It is better to store it on a paper wallet so that no one can get it because if you store it on wallet there is big possibility that you will be hack specially if you have lot of bitcoin many hackers would have interest in your wallet or you can buy a nano ledger to store it all and don't give the password on someone to avoid loosing your coin.
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