Quote from: Xester on April 19, 2018, 01:44:14 PM

Quote from: crypto-bit on April 18, 2018, 01:25:51 PM

I just wondering why some people don't use paper wallet to secure their bitcoin, Some of them are just putting to the exchanger and trust their funds that no assurance of safety.I don't understand why they did not use the most secure way to keep their bitcoins.

Any Thoughts?

If we are long term holders and we hold a huge amount of bitcoin then it is good to place our bitcoin on paper wallet. But to traders and small time holders we need to place them on exchanges so we can trade them and earn some profit. We can only keep our bitcoin at the paper wallet if we have more excess bitcoin.

I agree!
The same principle applied to other cryptocurrencies, too. It depends on your purpose with those coins, if you planning to make some profit by trading, then paper wallet would be a pain in the ass. Paper wallets could offer a simple way to store your coins if you're too lazy to maintain a trezor or ledger nano device.