Quote from: noictib on March 17, 2017, 03:30:21 PM

Quote from: Playboi on February 16, 2017, 10:02:49 PM

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

You just need to put your bitcoin in the online wallet of blockchain official .
My second advice will be for you to not to invest all of your bitcoin at single trading site , my suggestion will be for the many trading site to make trading more profitable and risk free ( or you can say at low risk)
Use most famous exchange for trading for example bitrex , Poloniex , yobit etc .
Since you can try another wallets like cex.Com c-cex like where the trading is very slow because the usere are in less numbers to make deals fastly .

I was advised to create another purse in order to store bitcoin so that no operations could be conducted through it, so that they knew less about it. In this way, you can avoid hacking.