How would you store >100 Bitcoins?

[ivanst776]

Don't put all eggs in one basket, so my preference is to spread the bitcoins in multiple wallets instead in a single one.

I would put them on hardware wallet(s) and in paper wallet and a very very small amount in hot wallet depending how often am I supposed to spend them.

[Creepings]

Better to have a multiple accounts or bitcoin wallets to save all of that bitcoins. 100 is a lot of bitcoin and I is really a good one to be targeted by many hackers or other people to get some easy cash. Though the problem is the security of your wallet. Offline wallets do not really help I think so I must really put my trust to online wallets.

[dothebeats]

I would personally keep them in an artsy paper wallet and hang in our walls just to remind me that I'm one hell of a rich dude having his life saved by magic internet money. But seriously, paper wallets are the best way to keep such a large amount of bitcoins. Also, other alternatives such as hardware wallets could be useful and can do just the same job.

[CyberKuro]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure.

[t2yax]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure.

I think that, payout is the best. After payouts , we should store them in a bank, and let our money increases. Store it in a bank having interests with, if this case, we can have more investment. Storing it in Bitcoin wallet would be too much danger or very risky. We know that bitcoin is just only a virtual money that anyone can hack your own money. We still need some securities in bitcoin.

[frendsento]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

If I were to have a 100 bitcoins I will diversify it on a different wallet provider , I am gonna secure it in a paper wallet make a copy of it , laminate it , It will be protected from dust and water ! I am gonna store it to a private box and only people which I trusted commonly a family member is allowed to open it

[error08]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure.

I think that, payout is the best. After payouts , we should store them in a bank, and let our money increases. Store it in a bank having interests with, if this case, we can have more investment. Storing it in Bitcoin wallet would be too much danger or very risky. We know that bitcoin is just only a virtual money that anyone can hack your own money. We still need some securities in bitcoin.

Your choice to save it as you want. But, I disagree if 'bitcoin is just a virtual money that anyone can hack your own money'
Really?? Anyone can do it? No one will have bitcoin in their wallets platform by now as you can hack them, right? Lol, you're out of logical thinking about that. Yes, bitcoin has security issues regarding exchanges wallet but consider less compared to banks robbery, I mean bitcoin wallet is the best way to diversify my wealth instead of store all of it as fiat money. Moreover, the value of bitcoin will increase over time, but fiat will decrease as time goes on.

[The_Dark_Knight]

I will probably store 10BTC on 10 different paper wallets that way if for some reason I lost one of the wallets I will not lose all of my money, I will also keep some copies in different places just in case, there is some kind of natural disaster.

[ko0ll0ove]

I will probably store 10BTC on 10 different paper wallets that way if for some reason I lost one of the wallets I will not lose all of my money, I will also keep some copies in different places just in case, there is some kind of natural disaster.

Don't you think if you do that you will feel harder to store you paper wallet... lets say that you store 10 papers in 10 different places so you have to note that where you put it and of course you have to keep it safe all the time. Or you can keep all of them in 1 place so you may lost it all in one time. So, what do you think about using online wallet? We could argue about that. I still want to know your idea because I'm looking for the best solution. Cheers!

[ethereumhunter]

i don't think that we want to store 100 bitcoin in just one wallet because its too risky to do this, i think its better to store in more than 3 different wallet and we should keep it save and only us that know the place to keep. i will store in offline wallet for the most of 100 bitcoin, the rest i will spread in many wallet, maybe in wallet that available in market exchange so i can do trade with that amount.

[Vaskiy]

i don't think that we want to store 100 bitcoin in just one wallet because its too risky to do this, i think its better to store in more than 3 different wallet and we should keep it save and only us that know the place to keep. i will store in offline wallet for the most of 100 bitcoin, the rest i will spread in many wallet, maybe in wallet that available in market exchange so i can do trade with that amount.

Using more online or hardware wallet increases the security. Importantly the key needs to be remembered always, lot of users just create lot of wallets but forgets the key. In such a way loses bitcoin, to avoid it everything need to be recorded.

[dihari]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

There is an old advice for your problem, " don't put all your eggs in one basket". 100 bitcoin is very big amount to keep in one computer or hardware. Better split into some parts and  keep it in many wallet.
Or maybe you can trade your 100 BTC for property in some countries with good price. There is a man from other country bought a villa in my country bitcoin.

[dunfida]

Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.

I'm looking for real responses and ideas. Please keep the trolling to a minimum

There is an old advice for your problem, " don't put all your eggs in one basket". 100 bitcoin is very big amount to keep in one computer or hardware. Better split into some parts and  keep it in many wallet.
Or maybe you can trade your 100 BTC for property in some countries with good price. There is a man from other country bought a villa in my country bitcoin.

We can still put our bitcoins on a single wallet its either on a hardware wallet and keep them securely and with that i dont think it can be hacked so easily.Wow,thats a nice thing that someone bought a villa on just using his bitcoin and i do agree 100 btc is already a huge amount specially on my country.

[agamasrori]

>100 bitcoin is large amount. I prefer like to use hardware wallet rather than paper wallet because paper money can easily burn or ripped. I feel saver to save it in hardware wallet.

[thisappointed]

every 5 or 10BTC ... use a new wallet.
i do this.

when you pay ... seller don't know if you have more than 5 or 10 BTC.

You have a point, because if you put it all in just one wallet and for example you have paid someone, your bitcoin address would show in the blockchain.info showing the amounts of bitcoin that you have in your wallet, and because of greediness, they will do anything to steal your bitcoin and take it all without you noticing it. Having this kind of idea is really a great one, though you will need a lot of wallets for you to divide your bitcoin to be safe on someone's greedy hands.

[ausbit]

Multiple hardware wallets possibly some kept in safety deposit boxes and definitely not all in the same location. I wouldn't let anyone know shit.

You mean if you tell here that how do you safe your Bitcoin it cause your Bitcoin hacked? I don't think only telling wallet name hurt your storing.

[EdenHazard]

Multiple hardware wallets possibly some kept in safety deposit boxes and definitely not all in the same location. I wouldn't let anyone know shit.

You mean if you tell here that how do you safe your Bitcoin it cause your Bitcoin hacked? I don't think only telling wallet name hurt your storing.

lol yes it will not affecting on how the security works when you share what wallet did you used to store that huge amount, based on my experience holding a lot of bitcoin will make you treat the wallet very carefully , almost impossible to forgot password.

as you have backup everywhere , separate it to several paper wallet will be a good idea for huge amount.

[phr0stbyt3]

Of course for now 100 bitcoins is a really big amount. The wallet I currently use is coinbase and I trust them. I would enable 2FA and transfer the money to their vault. If you guys don't know coinbase vault is like a security where a person can store bitcoins and in order to withdraw it he needs 2FA , 2 email verification. If somehow he is able to all 3 he still has to wait for 48 hours no matter what and during those 48 hours coinbase will message me and email me that I have withdrawn so I can easily cancel it.

[ReLieD]

First of all it is a hypothetical situation.
Well it cannot be called hypothetical totally as they are billionaires who can own that amount.
But there are many many wallets in which you can store them.
Even you can convert many of them into fiats.
Storing them in pc wallets would be recommended.
Also using offline wallets is pretty good.

[loreykyutt05]

If ever I will have that large of coins i will store it in a paper wallet and will perfectly divide it to 3 , after that i will make a copy of it in four different areas whereI usually go maybe in a house or in the offiice and etc. so that when something happen In case that their is fire or somethings I can still have a back uo on the other places where I stored by paper wallet