Bitcoin

justincredible Honorable Admin
37,969 posts 231 reps Joined Nov 2009
Mon, Jun 20, 2022 6:02 PM

Most of mine is offline, and the custodian I use is bitcoin only and doesn't have a sell button. It's very easy to hold through all of this.

Automatik Senior Member
15,737 posts 95 reps Joined Nov 2009
Mon, Jun 20, 2022 8:52 PM

What do you use?


Mine is all sitting in CB. I don’t really have enough to warrant offline storage, but I’ve been considering it. 

j_crazy 7 gram rocks. how i roll.
8,623 posts 28 reps Joined Nov 2009
Tue, Jun 21, 2022 8:35 AM
posted by Automatik

What do you use?


Mine is all sitting in CB. I don’t really have enough to warrant offline storage, but I’ve been considering it. 

same. my reason for pulling it offline is strictly to make sure if CB goes belly up i actually get to keep whatever coin i have at whatever value it may hold.

justincredible Honorable Admin
37,969 posts 231 reps Joined Nov 2009
Tue, Jun 21, 2022 8:41 AM

You can either buy a physical offline hardware device to hold your keys, or you can just put it on a hot wallet on your phone. Depends on how secure you want to be with the amount you have.

justincredible Honorable Admin
37,969 posts 231 reps Joined Nov 2009
Tue, Jun 21, 2022 10:18 AM

Btw, my assumption is that most of the big exchanges like Coinbase are selling bitcoin that they do not actually own. If there were ever to be a run on the exchanges...

j_crazy 7 gram rocks. how i roll.
8,623 posts 28 reps Joined Nov 2009
Tue, Jun 21, 2022 10:54 AM

i just moved mine all to zengo. 

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