Re: Best way to store Bitcoin safely ?

Quote from: litecoinricky on May 02, 2018, 11:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

I think the best way to save and store your bitcoins is to store them offline because this is the place where they are k AST susceptible to being stolen or being hacked, the most important thing while storing them is the you should be very private and confidential with your wallet keys and passwords and it is advisable that you should not share your key with any one except one who is most reliable to you so that if any mishap happens to you then he or she could use them for the purposes you have earned your bitcoins.