Tell me a reason why I should use online wallet.

[maydna]

Please don't argue with other people who believe that things will help him because that will be no use for you. You can get angry with him because he doesn't listen to your suggestion. Let him alone and let him see what can happen to him in the future, but you already did a great job explaining what you know that is not right. We cannot blame them because they can feel comfortable with what they choose, and that will be the same as you for what you know that it is better to save bitcoin in the offline wallet.

[Taskford]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.

The only thing you online wallets is convenience since you can use it anywhere you go and can transact more faster than by using the offline one, But for security I prefer the offline since we can assure how good the security it is and also we can sleep without worrying comparing to online wallets where it it vulnerable to everything.

[sheenshane]

Probably you meant of the offline wallet is the hardware wallet, there's no offline wallet because most commonly Bitcoin transaction was made through online using your internet provider. Dont argue with him, besides dropping him any solid evidence that concludes your arguments believable of what is the fact and right.

FYI! These are the types of crypto wallet.

source:

Own your private key is the safest crypto wallet and avoid using a web wallet.

[Pffrt]

Although I don't recommend anyone to use online wallets, they still have some benefits. Imagine coinbase as offchain network, you can transfer within few seconds without any fee. But yeah, it has risk of being account blocked but coinbase will back your balance of course.

I was having an argument with one guy from the internet. He uses online wallet instead of an offline.

I think you are not talking about offline wallet. Electrum wallet is also good to use and it's also hot wallet.

[electronicash]

i'm using sportsbet to just bet weekly not really a big roller but I kept almost 2ETH there that I login using my phone. it does serve as an online wallet for me because its just there that i can withdraw anytime. its risky to put it there but i can bet anytime whenever winning opportunity comes. i lost some bets during the UFC251 but that sportsbet wallet serves 2 purpose, one is for betting and just an online wallet.

[pawanjain]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.

By online wallet I am assuming you mean to ask about Web wallets. In my opinion web wallets are shit.
Don't go for what others say. Web wallets are of no use. Everything that a web wallet can do can also be done by a mobile wallet like Mycelium, Exodus etc.. which are much better than web wallets.

[Sanugarid]

It is simply this way

If you know that you would not be needing your bitcoin in a while then leave it offline, take it in online otherwise. That's called CONVENIENCE.

So if I'm going to tell you a reason why should you use an online wallet, I'm gonna ask you first do you think you need an online wallet? It depends on the purpose basically.
You can simply search for the difference between these two, and you can just weigh them for what you need at the moment.

[FlightyPouch]

Unless you are have your reason and you really wanted to use bitcoin for your convinience or other things, that is just fine as long as you just put there the amount you needed. If you will be saving them, don't do it in a hot storage do it in a cold storage. That is more secure and you have the keys to prove that it is yours.

[Stedsm]

I've been a fan of Electrum (an online wallet), just because it gives me ease of use technology and a factual possibility of sending my BTC instantly to anybody on-the-go as I sometimes use to gamble around $10-$20 and this also gives me an opportunity to send this less amount of BTC with least fee possible, so it's better to use an online wallet over an offline one because you'll need more time to get your BTC on the table while having your control on your keys through an online wallet like Electrum which is secure enough, you can utilize both the security and speed of BTC.

[7788bitcoin]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

It is impossible to make some stupid friend of yours to understand the basic of owning a cryptocurrency and there is no point in debating to those who does not understand or willing to understand the basics, it is not a big deal to have your own wallet and you do not even have to pay anything to own your own wallet unless you want your hardware wallet and despite all these option if someone is opting for an online wallet .

Your private keys your coins.

[taufik123]

I have a wallet online and offline. Each wallet I use for different purposes.

Online wallet is comfortable and very easy to access, but we do not have full control over the assets we have, because the wallet is managed by a third party. But online wallet also has 2FA features to better maintain the security of the wallet. But my advice is do not put all your assets in an online wallet because it will still be at risk for hacked.

use an offline wallet like Ledger, Trezor, Keepkey and others that are safer for storing your assets because it has more adequate security features and you have full control over the assets you have.

[BASE16]

Don't use online wallet.
Ever.

[BuNga_cute]

There are two reasons why many people use online wallet rather than hardware wallet. The first because online is more practical, you only need
to register using e-mail only, and the second reason the cost involved is much cheaper. Although many people know that online wallets are at
risk of being hacked, still widely used for these two reasons.

[ChiBitCTy]

There's nothing wrong with using an online wallet, or "hot wallet" every once in a while or keeping a little bit of coins in your online/hot wallet.  Sometimes it's necessary to us to transfer funds from a paper wallet as well. 

[Yatsan]

The only thing that I see why you should use an online wallet is for faster transaction. Easy as that, me personally, have an online and cold wallet, cold wallet is for long term storing and online is for my daily bitcoin transactions. Those two have a different purpose for me and you should not hate online cause it is less secured than cold/offline wallet. Use online for faster transaction or less hassle and always store a small amount of money there. 

[teosanru]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.

The thing is that one who earns in cryptos and has most of spendings in cryptos is pretty comfortable with "offline" wallet or basically a wallet of which you hold private key. It's because they don't need any fiat conversion and even if they do they are willing to go a long way because that's occasional. While with online wallets as you say them, they provide swift conversion into fiat and simple UI or Simple might be a wrong word you can say a familiar UI to most of the banking/ payment apps. Even though it's highly risky to use third party wallets, but their investment or holding might be small enough that maybe no hacker/ website would confiscate that for sure. This fiat conversion thing is the main reason I believe most people use bitcoin exchanges/blockchain.com.

[goaldigger]

Its ok to use online wallet as long as you don’t store there your long term holdings.
Bitcoin and cryptocurrency is also about convenience and that’s a good purpose of online wallet although there risk is there since you don’t have keys for that but I’m confident that if you just use legit online wallet, then you’re good. Don’t force yourself to listen to your friend, just do whatever you want and what you think is more safe.

[crwth]

It’s not wrong to use an online wallet just because of a possible transaction that you are going to benefit from with the ease of payments, cashback transactions, possible withdrawing of BTC to fiat, and many more. Understandably, someone could use a custodial wallet for starting to understand crypto but not to keep all your crypto there and would work as a hot wallet for fast transactions.

Most of the reasons that I could think of were posted already. I think it's not that bad to have an online wallet, though.

[harizen]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.

People have different preferences for why they tend to use an online wallet.

Why not try to know by yourself what should be the reason for using it? Our reason for using it might be different to yours.

If you aren't comfortable or don't have any reason why you should use it, then you are free to ignore your friend "for now".

[adzino]

I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.

The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.

It is can be used if you want to store really small amount and not for long term. But, think again, is it worth taking the risk?
Online wallets have always been hacked or their users kinda faced some sort of problem at some point. And did you tell them that almost all online wallets don't provide you with your private keys? Not having access to your private keys mean you won't be able to access your wallet when the servers are down. Also, it means you don't own the coins. The person holding your private keys actually owns it.