Quote from: criptofuego on January 07, 2018, 07:11:40 AM

Hello all!

I have BTC, BCH, ETH and LTC balances on Coinbase. The other day I read something about the danger of having balances in Coinbase in case of a hacking attack or in case Coinbase team want to shut down my account for any reasong they deem appropiate.

I remember that I read a post about having the balances in a wallet with a private key instead of having it on Coinbase without a private key but now I can't find that post or that info. I have all my cryptocurrencies amounts on Coinbase because it is convenient to check the balances on the app or on the web (so you know how much you have at all times) but I'm starting to worry and getting paranoid of loosing all my money at Coinbase.

That being said, my questions are:

Do you know how to move the balances in Coinbase to a wallet in order to have a private key?
Should I use a cold storage for my cryptocurrencies or can I leave them in the online wallet?
What wallet do you recommend to keep the cryptocurrencies?

Thank you for your patience and interest on helping me!

Hello first of all, it is a great move because it means that u are gonna HODL and this is good.
Youcan store cryptocurrencies online or offline, it is up to you but offline is more secure.
The best solution is an hardware wallet, like ledger or trezor.
Read carefully the instructions before buy and setting up the wallet
Never buy an used hardware wallet and always the only one that knows your private key