Help me Choose a Bitcoin Wallet or Wallets

[bitcoinbot]

Hi guys,

I currently have just over 4 bitcoins. They are stored on my online laptop (win8). I have Bitcoin Core installed and downloaded Armory. I created a paper backup using armory.

Of course I want my bitcoins to be secure (who wouldn't)  but I don't have an offline computer, I have USB sticks but I find all this online/ offline really complicated.

Basically I want to be able to use my bitcoin daily. I was looking to renew some domains using Namecheap with btc but they have a QR code that you are supposed to scan.
I wanted to use Mycelium to do that but it's taking forever for armory to get ready so I can transfer the bitcoins to mycelium.

Sorry for rambling but this is what I want.

A simple solution for storing the BTC on my laptop. It should be lightweight, secure and not download the whole blockchain. Armory also slowed down my PC i7 processor as well. When I decide I want to buy something I should be able to use it within seconds.

Thanks

[bitcoin_bagholder]

Try Electrum instead of Armory. It's not supposed to be as much of a memory hog.

[RGBKey]

If you're looking for a light client (one that doesn't download the blockchain) my personal reccommendation is electrum.

[Mitchell]

I also recommend Electrum for small amounts of BTC. It's quick, it's easy and it's lightweight. You simply download Electrum, start it up and it's ready to-go in less than 10 seconds (after you completed the basic setup).

[turvarya]

You can scan the private key of your paper wallets with mycelium and use them.

[Zendikar]

MultiBit is what I use, doesn't download the whole blockchain and has a nice interface.

[jonald_fyookball]

electrum all the way

[cryptworld]

I like electrum and multibit, I recommend you electrum

[Voltarius]

I would recommend Electrum or MultiBit if you want a fast blockchain download.
I personally use MultiBit for about 95% of my transactions.

[NeuroticFish]

Keep 3/4 of your money on paper wallets (yes, split on more than one).
Use 1/4 for .. what you need. Multibit is pretty safe and pretty lightweight.

Obviously, make sure you don't have keyloggers or malware on your laptop. Use a decent antivirus/security solution and don't browse "odd" sites.

When you need more BTC from the stash, just import the keys from another paper wallet into Multibit (is not that hard) and that's all.




This is my solution. However, read all the info you need and make sure you decide for yourself!

[bitcoinbot]

You can scan the private key of your paper wallets with mycelium and use them.

I didn't know that. Going to check it out, thanks.

[silvestar]

Put a small proportion of your bitcoin in an hot light wallet for your daily consumption, and put the rest in a safe cold wallet.

Paper wallet (not a paper backup of a hot wallet) is a good choice for cold storage, and it is very easy to create one with Armory, Electrum or bitaddress. The key is to make sure your computer is offline during the paper wallet creation, and remove the files before connecting to the net.

[Herbert2020]

if you want a lightweight wallet i suggest using Electrum. you can find a decent explanation on how to use it offline in its official website. or you might find other walk-throughs on the internet too

[ikydesu]

Hi guys,

I currently have just over 4 bitcoins. They are stored on my online laptop (win8). I have Bitcoin Core installed and downloaded Armory. I created a paper backup using armory.

Of course I want my bitcoins to be secure (who wouldn't)  but I don't have an offline computer, I have USB sticks but I find all this online/ offline really complicated.

Basically I want to be able to use my bitcoin daily. I was looking to renew some domains using Namecheap with btc but they have a QR code that you are supposed to scan.
I wanted to use Mycelium to do that but it's taking forever for armory to get ready so I can transfer the bitcoins to mycelium.

Sorry for rambling but this is what I want.

A simple solution for storing the BTC on my laptop. It should be lightweight, secure and not download the whole blockchain. Armory also slowed down my PC i7 processor as well. When I decide I want to buy something I should be able to use it within seconds.

Thanks

If you won't to download data, I recommended electrum. But if you want to more secure wallet try trezor, looks like you have more money for buying hardware wallet.

[kwaasteniet]

I can recommend multibit and electrum. Both are good wallets

[Josef27]

Like people above said
Try MultiBit, it's lightweight and still secure.

[Amph]

armory is the most secure, but i prefer core or electrum(actually i'm using only the core right now, i don't need all those fancy "protecion")

core + usb pen drive and you are safe enough, or just run the core client in a safe pc(notebook or even netbook should be good) with a 3g usb , don't browse and don't install anything there

[ChuckBuck]

More secure than paper, since paper is not waterproof, fireproof, or can be lost easily if not in a fireproof safe is Trezor or Ledger.





You can't go wrong with these hardware options.

For small amounts, the Mycelium on mobile and Electrum on PC are a good combo.

[Ombamaq]

asking about this hardware wallet like Trezor or Ledger.

how if we lost this hardware wallet ?

[wadili89]

I also recommend Electrum for small amounts of BTC. It's quick, it's easy and it's lightweight. You simply download Electrum, start it up and it's ready to-go in less than 10 seconds (after you completed the basic setup).

He has over 4 BTC which is a good amount. Since he already has Armory installed its best to encourage him to use that, its the safest wallet possible. Putting it on a non-networked PC and using a webcam to sign transactions you can have a 100% secure solution.