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RE: Step by step guide to transferring your Bitcoin to a virtual paper wallet before August 1st, 2017

in #bitcoin7 years ago

No problem. Hopefully it was helpful. I get a little concerned at all the Bitcoin enthusiasts that state that you should never keep your coins on an exchange but fail to highlight the risks of looking after them yourself

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Precisely. Better to keep them in a software wallet on a phone than on an exchange. I'd keep only that which I wanted to trade with on an exchange; funds which I may need to move in and out of the exchange more infrequently in a phone software wallet; and the long-term 'savings' in a paper or hardware wallet offline.

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