Recommend a Cold Wallet

[fearlesscat10]

I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?

[sgk]

I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?

Although there are some hardware wallets available, I have always found paper wallets to be convenient.

To be double sure, create a wallet on offline computer, generate some addresses, protect it with password, put it on a USB drive.

Then put the paper wallet and USB drive in bank locker. If you're paranoid, buy lockers on multiple locations to keep multiple copies.

[fearlesscat10]

I've been using Bitcoin-Qt for a while now, and I also have a few pocket change in Coinbase.

But now I'm planning to buy a larger amount of bitcoin and put it in cold storage.

Buy and HODL, as they say.

What cold wallet would you recommend and why?

Although there are some hardware wallets available, I have always found paper wallets to be convenient.

To be double sure, create a wallet on offline computer, generate some addresses, protect it with password, put it on a USB drive.

Then put the paper wallet and USB drive in bank locker. If you're paranoid, buy lockers on multiple locations to keep multiple copies.

Alright, thank you so much.

I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.

[sgk]

I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.

If you always want to keep your wallet on offline computer, and also want to send Bitcoins from same wallet, Armory has such feature. You can sign transaction on the offline computer and then complete the process via other online computer. This is good security.

But if you just want to HODL (not spend your BTC), this feature is not necessary and any wallet will do (BitcoinCore, MultiBit etc). You just need to run the wallet offline and generate some addresses without connecting to internet.

[fearlesscat10]

I've read that Armory would be the best wallet for offline computers, can you confirm this?

I can't use Bitcoin-Qt on it like I do now since it uses the internet to sync to the network.

If you always want to keep your wallet on offline computer, and also want to send Bitcoins from same wallet, Armory has such feature. You can sign transaction on the offline computer and then complete the process via other online computer. This is good security.

But if you just want to HODL (not spend your BTC), this feature is not necessary and any wallet will do (BitcoinCore, MultiBit etc).

I see, I see. I think I'll go with Armory.

Thank you so much.

[aNtiClocK]

As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit

[fearlesscat10]

As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit

Personally I'd prefer hardware wallets rather than web-based.

Coinbase was my first wallet. But after hearing about how web-based wallets and exchanges can have issues like Mt. Gox, I switched to qt.

Coinbase also has problems with gambling sites because they're based in the US where gambling is illegal.

[Pierre11]

Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.

[HeroCat]

Bitcoin Trezor is one of best cold wallets 

[Amph]

i just use usb stick, a pretty safe hotwallet could be a rig dedicated to sync bitcoin only, only bitcoin nothing else, no browse no installing anything inside it and use it with a diffferent nic, different provider than your host

no hacker can attack it

[wadili89]

Armory is the best, if you occasionally need to transfer some BTCs.
Otherwise use paper wllaet, its as safe as can possibly be. Remember to delete the copy of that from your PC after printing it out. Keeping an electronic copy defeats the purpose.

[AnonBitCoiner]

As I'm new here I don't think much about btc but I think coinbase wallet is good. They are legit

Personally I'd prefer hardware wallets rather than web-based.

Coinbase was my first wallet. But after hearing about how web-based wallets and exchanges can have issues like Mt. Gox, I switched to qt.

Coinbase also has problems with gambling sites because they're based in the US where gambling is illegal.

Web-based is easier to access, since it automatically updates for you, whereas desktop has to update every time you open one up. When something's easier to access, however, there are oftentimes more security issues. I wouldn't personally know about web-based wallets. I just prefer to have a desktop-based one/mobile one because I'm relatively paranoid about my safety on my personal computer and phone.

That being said, I agree with those that are promoting Armory. It's the most secure. When you open it in the future for access, it'll take days to update tho lol

[MikeCoin]

Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.

Thanks this is a great idea

[Muhammed Zakir]

Use blockchain's cold storage feature and print out the paper wallet.

It works wonders especially if you securely make it.

+1. Better to create a paper wallet offline and then import the public key. You can also use BTChip/Ledger or Trezor.

   ~~MZ~~

[Braedo]

Bitaddress.org

Print off a few and use Bip38 encryption and give them to trusted family and friends to hold.

[Muhammed Zakir]

Bitaddress.org

Print off a few and use Bip38 encryption and give them to trusted family and friends to hold.

If you are doing that, why don't you print Multisig address or Bitaddress' special Split-Key-address? That is better in  terms of security.

   ~~MZ~~

[bitllionaire]

you should use a paperwallet created offline in a safe computer

you can also use trezor as a cold wallet, but it is more expensive that a paper wallet

[ChuckBuck]

The following are all valid cold wallet options:

1)Trezor
https://www.bitcointrezor.com/


2)Ledger
https://www.ledgerwallet.com/


3)Paper
https://bitcoinpaperwallet.com/


Paper wallet, if you'd like to create an offline/cold wallet for free.

[yakuza699]

Your best bet is a paper wallet if you really want to hold it cold and you won't touch it for a while.If you want to store big amounts of BTC and you want to use it very often than choose a hardware wallet.But in general if you want to use small amounts of coin create a hot wallet and transfer a small amount of BTC there and leave paper wallet as your cold storage you will save 100$.But if you really want it you can buy TREZOR.

[jonald_fyookball]

Electrum.  Very easy and secure.