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RE: Bitcoin about to Burst Through $6K

in #cryptocurrencies7 years ago

Super exciting! $100000000000000000000000000000000 would be nice! I am very new to this and i am asking any one who will listen, would you keep your bitcoin on coinbase or setup a wallet with electrum? Thanks

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Welcome to the party, jist. It is constantly changing and that is good --- and nerve-racking! :-) I can't speak for others but I would keep the bulk of bitcoin and other cryptocurrencies in a hardware wallet, definitely NOT on Coinbase or any other exchange. I use Coinbase and have a little there. However, keep the bulk of what you have in cold storage, on a hardware wallet.

Thanks I brought Beer! Yes it is really complicated compared to the regular world but it is a bit Wild West and I like that. Sorted electrum i think. Thanks for your advice.

Good idea to bring beer! Hang in there. Enjoy the journey!