Fatanut
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Activity: 1008
Merit: 1059
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September 06, 2018, 01:08:23 PM |
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Paper Wallets. Paper Wallets that are properly generated offline and securely stored are immune to hacking/malware/etc. The idea is you never enter the private key into a networked computer until you're ready to spend the Bitcoin.
I second this. The way you can do that is create a wallet in a freshly clean-installed Windows (or whatever OS you want) that has never been connected to the Internet. Pretty much the first thing you do is run electrum on the device by putting it in a thumbdrive so that the computer will be able to remain offline. Once you have generated the wallet, write it down. Printing it might open a vulnerability as other viruses are able to go through the printer's cache memory. The address is okay to be there though. After generating the wallet and writing down the seed, you can then destroy the thumb drive (if you wanna be EXTRA safe) or just format it. For the computer, reinstall Windows. This way, you're going to have to format the drive and there will be nothing left there. It's a long process and others might be saying that it's too much work to do, but it's the only way I'm seeing you're going to have a perfectly safe bitcoin wallet. Only time you're going to import it to a computer that's connected to the Internet is when you're ready to spend it (like what fuding12 said). I don't recommend hardware wallets that much, tbh. Something like that can have an exploit and there's no guarantee or insurance from the company you got it from. I'm not even sure if you're allowed to sue them if their devices turned out to have an exploit and your funds gets stolen. |
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"You Asked For Change, We Gave You Coins" -- casascius
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Diablesfunis
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September 06, 2018, 01:15:33 PM |
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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 the best wallet for long term holding then it's best to buy hardware wallet, if you have hardware wallet then your mind will be free of worry because it's really safe. If you don't want to spend any money on hardware wallet then I suggest using electrum and store the private key safely somewhere else, it's free, easy to use and don't use a lot of resources to install. |
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Kekenapep
Jr. Member
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Activity: 84
Merit: 3
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September 06, 2018, 08:33:18 PM |
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When it comes to long term holding I'll suggest either:a hard wallet,if you use a hard wallet,then I think the safety of your tokens/Coins is guaranteed.Also try and activate backups on your private keys,incase the needs arises.
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Trixie28
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September 07, 2018, 06:48:03 AM |
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For me it depends on the wallets that are required for the project to be used to received tokens from them. But you should also take care of the private keys and get it into more back ups. There are lots of wallets that are used in the cryprto wallet like my ether wallet neo wallet conveys coins. pH and other more.
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VampKing
Copper Member
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Activity: 1050
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September 07, 2018, 07:14:33 AM |
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You can find a lot of hardware wallet as well as software wallet. For hardware wallet you can use Trezor or Ledger nano. If you don't want to use money on that, you can use coinbase, bittrex, waves & Blockchain wallet. I think those are also safe. All you need to save the secret keys safe. You can also use two factor authentication services on those wallets. And good luck for a long term benefit in the BTC.  |
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kingai
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September 07, 2018, 08:36:14 AM |
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To me I will go for "Electrum wallet" Electrum wallet offers
offers a very user-friendly solution for sending and receiving Bitcoin and some good features like *Password protection which makes it
harder for hackers to get into Electrum wallet. *Private keys are never shared with
the server, which means you don’t need to trust the server itself and other great features numerous to mention
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letzdodiz
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Activity: 182
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September 07, 2018, 08:38:47 AM |
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In the event that despite everything you don't confide in the wallet given by the nearby specialist co-op in your nation, you can store it in a hard wallet so it is more secure. I for one just utilize wallets given by nearby specialist co-ops here in my nation, I will just hold them for me, I think they are sheltered, contingent upon how you keep up your private keys.
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Crungcrungtin
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Activity: 52
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September 07, 2018, 11:19:38 AM |
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I think, blockchain. because many crypto miners today use blockchain. for my opinion. there are many crypto wallet today. that can useful than other wallet.  |
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Sylon New Account
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Activity: 28
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September 07, 2018, 10:20:36 PM |
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Offline wallets are something where the secret key is not shared with anyone (only if such wallet is generated in a safe environment and trusted source). The cheapest way to an offline wallet is to finding an old computer and generating a paper wallet through that machine (and that machine should never establish a connection to internet or devices such as a printer that connects to the internet). There are some other ways too but this is the one which I trust the most for the paper wallet.
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muhammedb
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September 07, 2018, 11:58:10 PM |
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okex.com
I think that's good
although I have never had hold bitcoin there, but I've never hold etherum.
OKEX.COM? It not always advice to save your coin or investment on exchange because exchange is not a storing device but a trading platform so saving bitcoin in okex is not the right way to save bitcoin i guess it will be proper if you install bitcoin wallet on your pc if you don't have ledger |
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Cryptotissue
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Activity: 150
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September 08, 2018, 12:08:56 AM |
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The type of wallet for a long-term holding of bitcoin will depending on how long you are going to hold your bitcoin for. The hardware wallet is consider one of the best wallet for long-term holding of bitcoin, it is consider 99% safe and durable.
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Callanta787
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September 08, 2018, 12:41:16 AM |
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I think the best wallet for me is coinomi ,actually any wallet with private key or seed will do ,just make sure you save your private key or just go for paper wallets .
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Alogme23
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September 08, 2018, 10:42:13 AM |
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Wallets many. safety is essential for lengthy-time period storage. The most famous and safe - the Bitcoin center. however it isn't always appropriate for IOS and takes up a number of space on pc.
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pavka
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The New Pharma-Centric Marketplace
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September 08, 2018, 11:00:15 AM |
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In any case, keep your bitkoins away from stock-exchange purses. Even the most authoritative exchanges are not immune from hacker attacks, in addition, there are cases when exchanges themselves block money from users on their wallets.
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Abigail Asi
Jr. Member
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Activity: 182
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September 09, 2018, 06:35:08 PM |
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There are lots of wallets used for long term bitcoin holding but I suggest offline wallets because it doesn't use internet to keep your bitcoin safe even if you don't have an internet connection.
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bjmpoker001
Member
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Activity: 406
Merit: 10
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September 10, 2018, 02:07:57 AM |
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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.
There are many wallet that you can choose for storing bitcoin, You can choose it here : https://bitcoin.org/en/wallets/web/If you want an easy wallet, you may use the mobile wallet. Transfer or receive bitcoin just using your smart phone. |
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doedz
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September 10, 2018, 02:24:46 AM |
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If you know the best hardware wallet in my opinion is TREZOR and Nano Ledger.
You can use both of these for Bitcoin, but for ALtcoins there are some who don't support.
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ngalamunan
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September 10, 2018, 02:57:08 AM |
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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.
There are many wallet that you can choose for storing bitcoin, You can choose it here : https://bitcoin.org/en/wallets/web/If you want an easy wallet, you may use the mobile wallet. Transfer or receive bitcoin just using your smart phone. Yes, a good wallet for storing coins for a long time, but we also have to check every day, fear of smarter hackers. if we check every day we will be more confident with our wallet. |
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Fishthatgirl3
Newbie
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Activity: 68
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September 10, 2018, 03:00:10 AM |
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For software I really enjoy using Electrum. Its light weight and secured enough.
For hardware, Nano ledger is the way to go. Not too expensive and widely available. You can buy more than one to multiple your security.
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bayu7adi
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September 10, 2018, 04:37:12 AM |
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the wallet you use, it depends on the amount of money you save
For example, if you store in not too many quantities, you can use the wallet from the exchanger
whereas if you save a large amount, then it is recommended to save in a personal wallet, I recommend wallet hardware like Ledger Nano
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