today you're gonna find out how to store your bitcoins or any other
cryptocurrencies and we're starting right now
fun fact bitcoins aren't actually coins they're bundles of information and a
Bitcoin wallet is just simply a place to store your private keys so that you can
access them to send or receive your funds so they come in different forms
designed for different types of devices you can also get a paper storage to
avoid having them on a computer at all you know because some people are afraid
of hackers which you know sometimes your accounts can get hacked so I will
recommend in this video I will recommend some wallets that I use and some wallets
that are just safe like you you can create a paper wallet it's very easy to
do I can show you in a video it'll take me like five minutes to show that to you
if you're interested in that let me know in the comments and I'll do a video
about how to set up your paper wallet but for now I'm just gonna show you a
bunch of options that you have for storing your Bitcoin alright so first
you have your desktop your desktop wallets and basically what that is is
you download a software onto your desktop another way is mobile wallets
you know you you have those apps on the phone they're a bunch of them on here
there's coinbase I'll link that down below if you hold your Bitcoin there you
can also purchase Bitcoin there there's coinbase blockchain dot info right here
there is there are places like bit bay and sap oh those are also mobile wallets
and they allow you to have a a card to go with them
and this one also like a SAPO card and that allows you to spend your Bitcoin at
feasts on merchants places so those are some good options out of those I don't
really recommend bitpay I've done a video about this earlier I
just got my bit Bay last week the card isn't working yet I've been using SAPO
for that but mostly I use for the mobile wallets the online wallets I use
blockchain and coinbase and SAPO for that so those are your online wallets
you also have the hardware wallets I will link those below as well it's just
a little bit more secure so you have your treasure hardware wallets and your
ledger or nano ledger wallet it's it's a it's like a pendrive USB
that's what it looks like I'll put a picture up here somewhere but it looks
like a pendrive and you can just plug it into the computer it's all very
plug-and-play it's very simple to do but it keeps your your private Keys more
secure plus in the event of a heart Fork when you have your own private keys then
most of them will split like the like how it happened with Bitcoin cash you
know you get an equivalent amount of Bitcoin cash for the amount of Bitcoin
that you held in your your wallets your your hardware wallets or your paper
wallets which brings me to the next point is paper wallets again I can do a
video on that soon if you if you guys like comment below if you do then I'll
make a video about how to set that up it literally takes about five or ten
minutes if you're on the slower side one thing you really gotta understand with
these wallets like a paper wallet you know it has two QR codes one for
sweeping and one for receiving Bitcoin one thing that is really important when
you're looking at a place to store your Bitcoin is this if you have your paper
wallets make sure you keep it in a safe place and make sure you have a copy of
it because if you lose it it's gone those paper wallets you can also set
with a password but if you lose that then it's gone and if you have a bunch
of Bitcoin on there and the prize does end up rising to the moon you know to a
million per coin or a hundred thousand per coin then it's really a shame if
you'd lose that because of you know bad printer that you know you know you can't
scan the QR code anymore you can find the the private key or you just lost the
paper or whatever just make sure you keep it in a safe place and then you can
pretty much look at paper wallets or hardware wallets as a legitimate wallet
to hold your cash in and then Bitcoin becomes literally digital cash if you
lose it you lose it there's no way to get it back but if you keep it you know
as a normal person keeps thar wallet then you're fine you're good to go so
I'll link everything like that down below thank you for watching and I will
see you on the next video
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