How to safely store bitcoins?

[pos4me]

http://bitcoinvanitygen.com/img/view.png

only paper wallet, its like safe deposit box
my tactic, make 3 copies of it, store in safest places only
thats it, im using only sites from signature for buying/storing btc

Uhm beware of posting your private qr your funds may get stolen it happen on TV already if i'm not mistaken. Someone just scanned the QR and violla!

I use 1 btc per paper wallet and then photograph the private qr and post it on the interwebs.
Then I put them in the safety deposit box at the bank.
I have done this with about 100btc so far and am waiting for a rainy day or to give them to my grandkids in my will,
boy are they going to be surprised

[Gimmelfarb]

only paper wallet, its like safe deposit box
my tactic, make 3 copies of it, store in safest places only
thats it, im using only sites from signature for buying/storing btc

Uhm beware of posting your private qr your funds may get stolen it happen on TV already if i'm not mistaken. Someone just scanned the QR and violla!

I use 1 btc per paper wallet and then photograph the private qr and post it on the interwebs.
Then I put them in the safety deposit box at the bank.
I have done this with about 100btc so far and am waiting for a rainy day or to give them to my grandkids in my will,
boy are they going to be surprised

LOL! fortunately for the person who posted that picture, from the looks of it, it seems the picture is too low of a resolution for anyone to actually scan the QR code.

next time, i would not rely on that, and simply not show the code for the private key! LOL.

[jillkelly]

i'm glad you asked this! i had never heard of cold storage before

[ranochigo]

Create a cold and hot wallet, place low amount in hot wallet, only transfer from cold wallet when you need it and put most of the BTC in the cold wallet.
-ranochigo

[DolanDuck]

This is a nice updated (12 May) article about storing bitcoins, it covers almost all the best choices to secure them:

http://www.coindesk.com/information/how-to-store-your-bitcoins/

[marky89]

after getting my coins hacked once, i keep them on an offline computer.

[Demlmann]

just be sure to make multiple back-ups of your wallets, preferably in multiple forms of media (e.g. paper wallet AND flash drive), and store them in *different* places. you wouldn't want all your back-ups in your house, and then your house burns down and..... poof. no more bitcoins for you.

Are you saying that I can make a digital backup (.wallet file) AND and physical backup (paper wallet) of the same wallet?? If so, how do you do it?

Atm I'm inclined to make a multibit wallet, back up the wallet.dat file and the private keys to multiple USB-Sticks/SD-Cards and also send them my two best friends ...
I don't really wanna use a paper wallet only, as I'm afraid that I'd lose them  

[bitcoinforhelp]

im using cold storage paper wallet generated offline from bitcoincoldstash.com
looks nice for me

[PangPang]

Atm I'm inclined to make a multibit wallet, back up the wallet.dat file and the private keys to multiple USB-Sticks/SD-Cards and also send them my two best friends ...
I don't really wanna use a paper wallet only, as I'm afraid that I'd lose them  

Don't forget to encrypt the files before transferring them to USBs and your friends. You will never know when you will lost your USB or when your friends are in financial trouble.

[ranochigo]

just be sure to make multiple back-ups of your wallets, preferably in multiple forms of media (e.g. paper wallet AND flash drive), and store them in *different* places. you wouldn't want all your back-ups in your house, and then your house burns down and..... poof. no more bitcoins for you.

Are you saying that I can make a digital backup (.wallet file) AND and physical backup (paper wallet) of the same wallet?? If so, how do you do it?

Atm I'm inclined to make a multibit wallet, back up the wallet.dat file and the private keys to multiple USB-Sticks/SD-Cards and also send them my two best friends ...
I don't really wanna use a paper wallet only, as I'm afraid that I'd lose them  

Be sure to create them offline, reducing the chances of getting hacked.

[J9901]

-open browser
-go to bitaddress.org
-go to File > Save as.. save page as html
-copy file into USB stick and transfer to OFFLINE PC/Laptop (preferably, one which has never been connected to the internet i.e. fresh OS install of Linux)
(the following is all done OFFLINE)
-Open the html file
-Create wallet
-Print
-Transfer funds to wallet via PUBLIC address
-enjoy your cold storage wallet

[montello]

The safest way to store bitcoins is using "cold storage" -- storing them on a type of media that does not connect to the internet. So, a CDR, flash drive, paper wallet, USB, etc. Here is some good information:

https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet

I do not think i will have it done any other way than cold storage.

[Gnarrrly]

Put them on a HD, remove the HD, bury the HD-