Post
Topic
Board Bitcoin Discussion
Re: Help a newbie out please
by
NeuroticFish
on 21/07/2016, 06:15:11 UTC
Hi everybody.  I'm a casino affiliate and a few of the programs I work with will only pay commission in BTC now.  I have about 30 BTC in Multibit, and I get about 10 BTC every month.  What should I do with it?  I don't need the money, so I could hold it indefinitely.  Is this the future?  I kinda think it is...should I just hold on to it?

I believe that this is a joke. Newbie with such a big income in BTC....

However.... if you plan to use this money in the near future, a hardware wallet would be the way.
But since you don't... I'd say you generate (make sure you do that safely!!) a fair number of paper wallets, laminate them and fill them with your BTC.
Try to not keep them all in the same place.

Why this? Because your computer may get hacked or corrupted, an USb stick with hardware wallet will not live forever, but the paper inside plastic is a pretty safe and long term choice.