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Author Topic: What is best wallet for long term bitcoin holding?  (Read 4086 times)
anthonytcm
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September 14, 2018, 02:25:15 AM
Merited by paxmao (2)
 #341

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.

Depends on what your goal is and what amount. But a good rule of thumb is any wallet that lets you store your private key (and shows it to you if you request it, optimally under some sort of password for extra security), the best bitcoin wallets will have you download the entire bitcoin blockchain (100gb+), I personally use Electrum, which is basically the same as the aforementioned wallets BUT you don't have to download the entire blockchain which makes it a pretty portable solution.

DO NOT EVER STORE LARGE AMOUNTS OF BITCOINS IN ANY EXCHANGE / ONLINE WALLET, that's a very very bad idea. I don't know why the first poster said that, but please disregard it.
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kent47400
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September 14, 2018, 02:41:48 AM
 #342

I suggest not to have wallet hardware like TREZOR, Nano Ledger S, and KeepKey.
When the wallet hardware becomes the best choice for Bitcoin holders and that includes the top 10 wallet in the world hardware
Singbatak
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September 14, 2018, 03:20:33 AM
 #343

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.

My only suggestion is Wallet that you hold the private key. Because you only have the accces here. What you have to keep is that no one knows your private key so you should keep it good.
Bivonisenki
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September 14, 2018, 08:11:38 AM
 #344

We are planning to hold for long term is using hard wallet. Many different type hard wallet right now and we can choose one to store our bitcoin. Hard wallet more safe because we control it.
Blackredeemer
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September 16, 2018, 07:39:26 PM
 #345

For me Ledger Nano S is the best and most convenient cold (hardware) wallet. They've recently updated their software and now you can see your portfolio balances without connecting your wallet to the pc Wink
Jackolantern
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September 16, 2018, 07:58:20 PM
 #346

I think that the best way to hold btc is to use the hard wallet. i have never used it yet but heard from friends. I am just going to buy btc to keep it until the price rise and we will see that it has become high

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September 16, 2018, 08:23:41 PM
 #347

Mobile: (Coinbase, Mycelium), Desktop: (Electrum, Ledger),  GreenAddress Wallet, MyEtherWallet.com
You can definitely use these wallets for a lifetime..

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vin22
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September 16, 2018, 09:29:06 PM
Merited by cryptokingdom (1)
 #348

the best long place wallet to save your bitcoin is on Luno which i have found as one of the safest place to store my btc and my ETH because they are one of the best security conscious wallet. they have 2 factor authenticator and you can still go further by adding an sms verification on it. so i think it is the best place to store your bitcoin.
peacefulpeace
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September 16, 2018, 09:36:22 PM
 #349

the blockchain wallet is a very good wallet for storing bitcoin for a long term, i have been using the wallet for 3 years now and my bitcoin has been safe. i would advice you give it a try.
jpnl0008
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September 16, 2018, 09:40:07 PM
 #350

i believe a bitcoin wallet or its application wallet on a mobile phone is indeed a safe place instead of the recent developed wallets by ICO projects as they have some degree of bug and can be hacked, also exchangers can be hacked as we have heard of loads of them been hacked lately.
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September 16, 2018, 09:52:24 PM
 #351

I am using blockchain.info as a wallet. It is a part of bitcoin and blockchain system. I believe it is a safe wallet.

You should have the private key, it is very important. Do not trust exchange wallets.
mafiajohngotti7
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September 16, 2018, 09:55:29 PM
 #352

I always use the Coinbase wallet ! He's got a great team and he's never been hacked.
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September 16, 2018, 11:29:03 PM
 #353

A long-term bitcoin storage is a bitcoin hard drive or a cold hard drive like a USB stick. Hard wallet has a single task of storing your private key (password).
This is one of the safest and safest way to store bitcoin / altcoin / tokens. Immutable with your property.
Ayaah
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September 16, 2018, 11:40:27 PM
 #354

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.

For me I consider MyEtherWallet and the Blockchain wallet is keep saver for storages of bitcoin in a longterm because as of now I used this wallet and I am very comportable to use this wallet account because my coins is very safe.
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September 16, 2018, 11:55:06 PM
 #355

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.
any hardware wallet like ledger and trezor would be the best for a long time holding of bitcoin. Any expert would recommend it. Don't use any software wallets if you plan to hold your bitcoin for a long time.

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September 17, 2018, 12:31:32 AM
 #356

i think the hardware wallet, you can store you bitcoin into hardware wallet safely, you can use many brand of hardware wallet that already in thepublic now, https://bitcoin.org/en/wallets/hardware/ is the recommendation from bitcoin.org about the bitcoin wallet

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September 17, 2018, 05:51:45 AM
 #357

For long storage Bitcoins and other crypto currency is best used hardware wallets. They are disconnected from the Internet and can not be hacked while they are not connected to your computer. There are several types of such wallets. I bought myself a TREZOR purse. He suits me.
elwiswoodie
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September 17, 2018, 06:22:36 AM
 #358

I prefer to use wallet hardware, but if you can't have wallet hardware, you can use coinbase as your flagship wallet software.
I saved BTC at Coinbase and it was safe
other than that I also store BTC in the local exchanger wallet, where if I need sudden money, I will exchange it with FIAT currency and then withdraw it directly
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September 17, 2018, 06:24:24 AM
 #359

HARDWARE WALLET ALL THE BEST WALLET TO HOLD
Edgegeraldine
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September 17, 2018, 06:43:28 AM
 #360

New tips for understanding the crypto market may be to store cryptocurrency in your wallet such as coinbase, Bitcoin.info. In addition, the storage in the "hot wallet" is quite safe.
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