Where do I store my Bitcoins?

The best part is that the private keys are only stored on your local machine, meaning that exposure of the key online is
minimal. However, if your machine gets infected with a Bitcoin stealing malware, consider your coins gone. Furthermore,
depending on what desktop wallet solution you choose, and how you set it up, you can transact Bitcoins more anonymously
as yourIP address and Email won’t be linked to the Bitcoin wallet unlike if you were to use an online solution.Another
secure and anonymous way is to store your Bitcoins on a mobile wallet. Wallets such as Mycelium and Breadwallet
are both great apps which you can download off of your phone’s app store. The wallets do not require any personal
information so you can be confident your transactions are at least somewhat anonymous. Sure the app will link your phones
ID or IMEI, but if the phone is a burner it is hard to link the wallet to a real identity. Furthermore, online wallets
store the keys on your phone, and in the case that your phone is lost your can always use the provided backup seed to
restore your coins.Another less common way to store your Bitcoins is on a Multisig wallet. A Multisignature wallet
requires multiple people to approve a transaction before it can go through. This would be a great solution to store
Bitcoins that belong to multiple people, like a company that has a Bitcoin fund. Lets say you do not want a single person
to have control over your company’s funds, you could setup a signature wallet that would
require multiple executives to sign off on a transaction before it can get approved.
While it may sound like the worst idea possible, storing Bitcoin in your bank may be more secure than you think.
You could generate a paper wallet and place in in your safety deposit box. This way, your Bitcoins are both safe from robbery,
or a house fire, but they are also stored anonymously without the bank knowing.