Where should I keep my bitcoins?

[YamigaHyoushi]

What about etherium light wallets like imToken? Is it a form of hot wallet or another kind of wallet? Im confused as to how many wallets are available.

[suchi2591]

Best option is to keep them in hardware wallet or on paperwallet. Never put your coins on exhcnage wallets.

[Labonikhatun]

I am confused on how cold wallets and hot wallets differ. To make any transaction we still need to get access to internet. Then how are they different?
Being connected to the internet makes the wallet hot and every wallet needs to connect to the internet for any transactions.

I think you the safest keep bitcoins option is a hardware wallet which you keep offline, in a secure place. Because there are several different types of wallets you can use to store and manage your digital assets. Method of cold storage include keeping bitcoins. On a USB drive or other storage media. On a paper wallet . Use a offline bitcoin hardware wallet is the best bitcoin wallet.

[priscadavids]

Personally, I used blockchain.info. It's been safe so far. You might want to try it too.

[Sabertoothboth]

Ledger Nano S works best for me. Highly recommended.
Don't worry about going online with it

[Midcrypto]

I am confused on how cold wallets and hot wallets differ. To make any transaction we still need to get access to internet. Then how are they different?
Being connected to the internet makes the wallet hot and every wallet needs to connect to the internet for any transactions.

COLD WALLETS: Are not permanently connected to a network (the internet).
HOT WALLETS: Always connected to the internet.

The delineation is the ability to be able to remove the Crypto from the internet.

We have a detailed explanation of wallets and their advantages/disadvantages here:

https://midcrypto.com/pages/cryptopedia

[crypt0j0e]

I think hardware wallets are the safest place to keep your Bitcoins. Every time you want to perform a transaction it requires you to digitally sign the transaction using the usb device. I personally use the Ledger Nano S because of it's design and easy to use interface. I heard Trezor is also another good choice for storing bitcoins and other cryptocurrencies.

[Robbio]

If the exchange is very powerful you can put it directly on the exchange. Or what you need is a long-term investment you can put in your own wallet.

[ShamoKe]

If you are a daily trader, you should choose a secure trading platform to save. If you need to save for a long time, then "cold wallet" is your best choice!

[Zodiaclo]

A cold wallet (Ledger Nano S or Trezor) is the safest option to keep your Bitcoins.

[boyptc]

If you are a daily trader, you should choose a secure trading platform to save. If you need to save for a long time, then "cold wallet" is your best choice!

Being a day trader isn't an exception you only have to deposit the amount that you afford to lose to an exchange.

You can't be sure of anything there because you can't tell what's about to come with these exchange since hackings are very much popular today.

[pwchan001]

The main difference between hot and cold wallet is that hot wallet is connected to the internet constantly while the cold wallet is not. Therefore hot wallet is more vulnerable to theft. If you want to store vast majority of your savings in a safe place, cold wallet is the best choice. At the same time, you can also put a little amount into a hot wallet in case you need to use it.

[rnssol]

I am confused on how cold wallets and hot wallets differ. To make any transaction we still need to get access to internet. Then how are they different?
Being connected to the internet makes the wallet hot and every wallet needs to connect to the internet for any transactions.

Cold wallet. Hot wallet. Offline wallet. Hardware wallet. How many kinds of bitcoin wallet are there?

Well here are a number of different wallets. All differ based on their types, forms and security.

[rnssol]

Best option is to keep them in hardware wallet or on paperwallet. Never put your coins on exhcnage wallets.

Yes this surely will be the safest and convenient form of securing ones bitcoins.

[rnssol]

I am confused on how cold wallets and hot wallets differ. To make any transaction we still need to get access to internet. Then how are they different?
Being connected to the internet makes the wallet hot and every wallet needs to connect to the internet for any transactions.

I think you the safest keep bitcoins option is a hardware wallet which you keep offline, in a secure place. Because there are several different types of wallets you can use to store and manage your digital assets. Method of cold storage include keeping bitcoins. On a USB drive or other storage media. On a paper wallet . Use a offline bitcoin hardware wallet is the best bitcoin wallet.

Yup! Offline wallets are better for keeping and storing your money for a long term.

[rnssol]

Ledger Nano S works best for me. Highly recommended.
Don't worry about going online with it

Okay. So how does it exactly work? Does it not have any chances of being scam ?

[rnssol]

If you are a daily trader, you should choose a secure trading platform to save. If you need to save for a long time, then "cold wallet" is your best choice!

Being a day trader isn't an exception you only have to deposit the amount that you afford to lose to an exchange.

You can't be sure of anything there because you can't tell what's about to come with these exchange since hackings are very much popular today.

Yes hackers and scams are the real night mares for any bitcoin wallet we suppose. There should be a way out.

[Mycrypto1222]

Just like everyone posting above, You should create your own wallet or buy hardware wallet, this is the safest option to store some coins.
If you are interested in How to store cryptocurrencies? read our article.

Cheers 

[rnssol]

Just like everyone posting above, You should create your own wallet or buy hardware wallet, this is the safest option to store some coins.
If you are interested in How to store cryptocurrencies? read our article.

Cheers 

Well thank you for the link. This is a really informative one. It is of great help 

[DALVIRSINGH5353]

There are many ways to keep our Bitcoin safe.

- On a USB drive or other data storage medium in a safe place (e.g. safe deposit box, safe)

- On a paper wallet.

- On a bearer item such as a physical bitcoin.

- Use a offline Bitcoin Hardware wallet.