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Bitcoin wallet question


Popkatapetapotapulti

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after purchasing bitcoin from Coinbase do we have to put that in a separate wallet? If so, any  wallets that you are currently using and are secure, sound and safe? 

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19 hours ago, Popkatapetapotapulti said:

after purchasing bitcoin from Coinbase do we have to put that in a separate wallet? If so, any  wallets that you are currently using and are secure, sound and safe? 

Alaage unte emina problem ah bro?

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it depends on how much worth you have got... RIsk ability maruthundi prathi okariki... 

few say 1000, few have 10k varaku they will not invest in hardware wallet.... If you have bigger amount, prefer hardware wallet like trezor or ledger nano S.... coinbase lo unna em kadu... they are mostly safe

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It is not mandatory to put in a wallet. If you are buying cryptos for long term holding, moving to a hardware wallet is very much recommended. 

Since these are all decentralized and unregulated platforms, if a platform gets hacked and someone steals your coins the platform is not financially responsible for reimbursing you. 

Desktop wallets are OK but they are not entirely safe and modular. Buy a regular hardware wallet like Trezor. Buy only from the manufacturer and make sure the perforated seal is not tampered. Used/Off market etc konaddu. If someone has bugged your wallet before selling you have nothing to do except cry when you lose your assets. 

Long story short - either keep them in the trading platform you trust (like coinbase, gdax, bittrex etc) or move to a hardware wallet that you bought directly from the manufacturer.

 

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9 minutes ago, phatposts said:

It is not mandatory to put in a wallet. If you are buying cryptos for long term holding, moving to a hardware wallet is very much recommended. 

Since these are all decentralized and unregulated platforms, if a platform gets hacked and someone steals your coins the platform is not financially responsible for reimbursing you. 

Desktop wallets are OK but they are not entirely safe and modular. Buy a regular hardware wallet like Trezor. Buy only from the manufacturer and make sure the perforated seal is not tampered. Used/Off market etc konaddu. If someone has bugged your wallet before selling you have nothing to do except cry when you lose your assets. 

Long story short - either keep them in the trading platform you trust (like coinbase, gdax, bittrex etc) or move to a hardware wallet that you bought directly from the manufacturer.

 

What’s your opinion on paper wallets bro. Paina cheppina exchange lo unchadam safe ee.. kani we might loose on some hard fork coins I believe if those exchanges don’t support them..

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Naaku paper wallets gurunchi telidu. 

For you to take advantage of forking - there is no way to say one exchange will fill all the needs. Hardware wallet is always mandatory to get all the forked coins. 

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