Where to store the cryptocurrency you've invested


Cryptocurrency coins and tokens are digital, and once you bought them, the next problem is where do you store them.

Cryptocurrency Exchanges

I wouldn't recommend this, as exchanges are not dedicated crypto wallet or safekeeping systems. In fact, there is a specific event referred to the "Mt Gox" (an exchange) which shut down and investors lost a lot of bitcoins.

My Ether Wallet (MEW)

Ethereum coins and tokens can be stored in your My Ether Wallet (MEW) - it's free to download and use.

Special Cryptocurrency-Specific Digital Wallets

Certain cryptocurrency may have their own digital wallets, which can be stored on desktops or even in private servers

Special Hard/Physical/Offline Wallets

Trezor, Nano and Ledger

Paper Keys

This is done by printing all your private keys of your wallets, exchanges, everything into hard copy paper, stored in safe. With at least 2-3 copies.

Enjoyed this article? Share it with your friends by clicking one of the buttons:

Even better - share your thoughts and comments below:

quick links


Back To Top

What I'm  Working On

Urbanrehabphysio

NigelChua

Therapy Entrepreneurs

Xtend Health Asia

Online Business & Marketing Tools I Use

Solo Build It

GetResponse Email Marketing

Shopify

The Hoth Online Marketing Specialist

Google Mail/Suite

Supplements & Stuff I'm Using For My Health

Total Balance Men's Premium

Kiwi Klenz

Lipi Rite

Bee Pollen Energy

Omega QH Ultra

Neuro Natural Serenity

Male Rejuvenator

Green Lipped Mussel Powder Capsules

Aquasana AQ 4000 Counter Top Water Filter

Cryptocurrency Exchanges I'm Using

Kucoin Exchange

Bittrex Exchange

HitBTC Exchange

Cryptopia Exchange

Quionex Exchange (Fiat - BTC/ETH)

Qryptos Exchange

Gate.io Exchange

COSS Exchange

Cryptocurrencies I'm Invested In

Bitcoin (BTC)

Ethereum (ETH)

Zencash (ZEN)

Stellar Lumen (XLM)

Qash (QASH)

Cardano (ADA)

Funfair (FUN)

COSS (COSS)

Kucoin (KCS)

Nebulas (NAS)

Bitcoin Diamond (BCD)

Electroneum (ETN)

Ripple (XRP)

Digibyte (DGB)

ETHLend (LEND)

Smartcash (SMART)

Cryptopay (CPAY)

Dentcoin (DENT)

Reddcoin (RDD)

Bitbean (BITB)

Dogecoin (DOGE)

Books I'm Reading

Holy Bible

Tribe Of Mentors

Seneca Letters From A Stoic

Seneca On The Shortness Of Life

See my full book/read list here.

Blogs I'm Following

Tim Ferriss

Pat Flynn

Tony Robbins

Ramit Sethi

My Personal Goals

SGD 2,000,000 invested in dividend stocks with average 5% returns per annum by 45

SGD 2,000,000 in cryptocurrency

Owning, affording and living in a landed property in Singapore (or relocated to another country without worry of money) by 45

Publish at least one book by 40 years old

Online businesses serve readers and clients well (ie readers make more money, have happier/freer life etc), and website makes SGD 10,000 per month

Ongoing: spend more quality time with children, wife, family, bible, God.