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Author Topic: What is best wallet for long term bitcoin holding?  (Read 4098 times)
Anish02
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September 04, 2018, 05:24:22 PM
 #201

Blockchain is the most safest wallet to hold the bitcoin. And it is most user friendly wallet to use. With the use of blockchain wallet you can keep you bitcoin secure from hacking attack.
mojo2208
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September 04, 2018, 09:12:15 PM
 #202

they are quite numerous. It is difficult to single out one purse. I still hold the opinion that much depends on the person who owns bitcoin, whether it reliably hides the data Grin
Naughty Princess
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September 04, 2018, 09:32:37 PM
 #203

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.
Mostly used is hardware wallet where to keep your coins safe for long term. There are also applications where you can install on desktop or mobile and used an authenticator which can avoid unauthorized to access with it. I used it and make it easier to store and access it wherever you want. Do not store on exchanges because it is pro to be hacked.

SistaFista
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September 05, 2018, 02:38:35 AM
 #204

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.

The best wallet for holding btc is trezor i guess. It is a hard wallet, you can use it to store your coins for long time.
Not only bitcoin but other coin as well in your hard wallet. It is suitable for long term holding too, as long as the wallet is on your possession.
You must have a safe place to store your wallet though.

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adjong
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September 05, 2018, 03:31:13 AM
 #205

for me the best of the wallet for long-term handling of bitcoin is the private key because it can not be enjoyed by others if you have the key and they can not easily pick you up because you only know it.
CoinsGazer
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September 05, 2018, 04:06:21 AM
 #206

Everything is the same, there is no absolute good or bad, only suitable. The principle of choosing a bitcoin wallet:
1.Select those wallets that have been screened by the market
2.Preferred chain wallet
3.Choose a wallet that back up with a convenient private key
4.Choose a cross-platform wallet
5.Choose a wallet that can flexibly set the miner's fee
umbara ardian
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September 05, 2018, 04:10:17 AM
 #207

I think the best wallet to store bitcoin as long as you can is a wallet that is directly guarded by the blockchain, you can use a wallet that is on the blockchain website to store your assets.

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kasurnya
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September 05, 2018, 05:34:39 AM
 #208

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.
to save bitcoin in the long run I think using a paper wallet is very safe, to avoid hacking.
but you have to make several copies and put them in a different place.
Ava Duvall
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September 05, 2018, 05:37:36 AM
 #209

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.
[/quote
I agree, I have friends who use paper wallets and they have little to no problems! And like you mentioned its great protection from viruses and hackers
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September 05, 2018, 05:48:13 AM
 #210

Blockchain is the best wallet and if you are using exchange then it is more important to use it for making investments Bitcoin is good to hold for long term in wallet and YoBit.NET is good exchange for trading purpose.

jeromix
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September 05, 2018, 06:12:39 AM
 #211

Usually a good wallet to hold bitcoin are those offline wallet that is not online which is connected to internet everytime you like to access your bitcoin. There could be no way for those people to access your wallet using some phishing applications which is being program by the hacker.

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September 05, 2018, 06:18:09 AM
 #212

For long therm use paper wallet, generated in offline mode.
Store your keys on hdd (not used hdd) and make 2 3 copies. After 5 - 10 years you can select the best for this time wallet and import your keys into them

godlike123
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September 05, 2018, 06:22:33 AM
 #213

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.
The best wallet for bitcoin are those offline wallet that is available and for sale in the market. There are many hardware wallet there you can start to choose from and basically those digital wallet had pros and cons. Just do some research on it before buying.
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September 05, 2018, 06:24:19 AM
 #214

As long as you have the private key or acces on the wallet i would say its the best Smiley
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September 05, 2018, 06:26:40 AM
 #215

Make a new text file >> paste your Bitcoin private key in it >> encrypt it using 256 bit encryption (many softwares provide that) >> make multiple backups of it. Now go to sleep.

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September 05, 2018, 06:39:26 AM
 #216

I prefer hardware wallet to store large amounts,
but if you save for trading purposes, I use the wallet from the exchanger to make it easier to mobilize or move funds
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September 05, 2018, 07:21:58 AM
 #217

I can't say which is the best wallet, but I used Electrum and I was comfortable with it. I also had bitcoin core, but this is a heavy purse and uncomfortable for me.

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September 05, 2018, 07:28:51 AM
 #218

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 should use hardwallet to store your bitcoin more safe. Using hardware is more safe than using web wallet. Many phising web and thats why web wallet very vulnerable to store our bitcoin.

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September 05, 2018, 07:36:20 AM
 #219

I would recommend to use the coins. PH wallet to secure all the bitcoins. Since I started on this I used for holding my bitcoins to keep it on safe from hackers.

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September 05, 2018, 07:36:26 AM
 #220

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 all active wallet is best for storage of our bitcoin for long term storage. but for me since I belong here in the Philippines I choose to store my bitcoin in COINS.PH because this is also tested and reliable wallet also it has double purpose if you want to invest in bitcoin and Etherium that;s why I don't need to use of other wallet. here in coins.ph is enough for me.
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