Post
Topic
Board Bitcoin Discussion
Re: THE BEST BITCOIN WALLET
by
SingAlong
on 05/06/2017, 13:40:08 UTC
For a Filipino like me, coins.ph is the only wallet that suits for any bitcoin users in Philippines, it converts bitcoin into fiat then can withdraw it at atm even without a card, and most of all supported by many products and companies.
That is a good choice to use in a daily basis for payments and otber stuff like recharging your phone.
But you shouldn't store all your Bitcoins in a online wallet because there is always the risk of losing all your coins in case of a security breach. I suggest you to leave low amounts of BTC to spend when you need, and store the majority of your coins in a wallet like Electrum or Mycelium just for safety.

Point taken, having a different addresses will make my coins more secure, one of the moderator of this forum already told me that there is a possibility of web wallets closing down for a certain reasons, every web wallets are dangerous tho.

That is why the veteran people here at Bitcoin community always say diversify. You store your Bitcoin in a hardware wallet which is very secure and if you ever want it to spend or be able to use it in different ways you may consider storing small amount of Bitcoin in a hot wallet. In this way, you'll be in safe side or should I say secure yourself against this possibilities that might breakout without knowing beforehand.