Post
Topic
Board Bitcoin Discussion
Re: Saving Bitcoin in a wallet
by
aardvark15
on 16/11/2017, 16:09:06 UTC
Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...

As long as it is an offline wallet or paper wallet where you hold the private keys, I don’t see how there can be any risk. If you have the public and private keys and no one else has them, your Bitcoins will always be secure. There’s almost no way for someone to just guess your private key unless you don’t secure it properly. I would keep the private keys in a safe deposit box as a hard copy.