I am back to business baby! But I need some updates from you.

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I am happily returning to the bitcoin business as the coin is growing as expected 🙂

I have three questions tough:

  • What is the safest "wallet" now? What are the good practices to store BTC safely? I come from the time of the good old Multibit Classing. Now I see there is the HD and it will be a bit risky to migrate. What is the best way to have a wallet? In my days I used an encrypted virtual machine running MultiBit. Now I am unsure. Guide me!

  • I used two or three sites to exchange BTC to Dogecoins or others, and swap them back to BTC when the value increased, thus making more BTCs. This is in a way similar to FOREX. However most of these websites would at some point go offline and steal people's wallets (which were stored there). How does this work now? What are the most trustworthy exchange websites now?

  • Is there already a safe and official way to instantly (aka in a reasonable time) to exchange BTC to USD or other physical currency?

I last used BTCs in 2014s, so be soft on me please cuz I am really needing an update and safety advice 🙂

Thanks and good business to you all!

submitted by /u/hippybones
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247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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