Quote from: Fear58 on June 05, 2015, 06:30:11 AM

N00b here,

Simple question I think... where is the best place to park bitcoin?

From an outsider perspective with a n00b lense, there's some tags that clout cryptocurrency. Amongst them, volatility and fraud.

I believe in bitcoin despite the mediums I and most people tune into though. So... is there a place / process where I can buy bitcoin, forget about it, and come back to in 10 years when it hits 10,000 usd per coin? Reputable sources / sites etc?

I may be missing the point as I'm home grown on centralized currencies... I'm not too sure. Im just hoping to know the safest place i can store coins and forget ablut it (I dont mind the current extreme volatility, just mostly about thieves)

Make a secure enough environment and generate on it a bunch of paper wallets. Print them all.
A piece of paper with all public and private keys would do. And keep only a file with the list of public keys.
Pick one of them and start parking bitcoin there. When the amount looks good / big enough, move on to another paper wallet.
You can check your amounts at any time on the block chain related website you like more (blockchain.info, chain.so/BTC, ..)
Whenever you'll want to access your savings, you just redeem one or more of your paper wallets.

Obviously, store the paper wallets somewhere safe.

Background:
1. (Online) computers are easier and more susceptible to break in than your house, for example.
2. If you don't write "here are my valuable bitcoin paper wallets with shitload of money on them" a thief will see them as a piece of paper with strange writings on it, so you are safe