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Quote from: yellowcat1771 on January 31, 2016, 09:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

My Bitcoin so far was in mycelium , and electrum wallet. Then I also have in the exchange sites such as bittrex, c-cex, novaexchange, and yobit but not that as high amount only enough for buying altcoin if there are coins in the platform will be dump.

Yes its better not to put huge amount of bitcoins on exchange site as you never know how long those sites will survive and if gets hacked or disappeared then you will be loosing all your coins so its always good to save them in offline wallet.

although there are so many trusted exchanges who are working for long long time but i think still we need to remain as careful, as anything can happen, even the exchanges can also be hacked just like bitfinex when the whole exchange was hacked and people lost so much big big big amount money and still not recover, therefor it is too much important to be careful while putting our money in an exchange, we need to select a trusted exchange ans always put a small amount in such exchanges.

For me Poloniex is the best place to store my bitcoins by I don't store huge amount there and I make sure that whenever I make profits I withdraw it at a right time and transfer those bitcoins to my offline wallet where no one can hack my bitcoins.

The author of the theme is a pillow with humor to this issue, in some countries money is still stored in glass jars or in the freezer of the refrigerator, they are in the financial institutions of the state. Thus to protect themselves from loss and from taxes. Fortunately, there are no such problems with Bitcoin.