Post
Topic
Board Trading Discussion
Re: How and where do I store my bitcoins?
by
BlockEye
on 26/11/2016, 12:38:32 UTC
I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?

Maybe for you it is not a large amount of bitcoin but for me and for a good number of users here it is not a small amount of bitcoins.

I would suggest you to buy a hardware wallet, maybe a trezor or a ledger nano S or hw.1(it is the cheapest one), they are safe enough but you can use also paper wallets but hardware wallets are more user friendly.

i still can not wrap my head around for buying a hardware wallet. in my opinion it is not yet worth it for me to pay $100 (or less for some other producers) just to hold my bitcoins as long as i can make a perfectly safe cold storage on my own and then spend from it the same easy and safe way.

Yeah. I preferred too a cold storage for safe and no hassle way of saving bitcoin. I didn't trust hardware wallet to hold my bitcoin even online wallet.