paul wheaton wrote:
I kinda feel like coinbase was a bit spooky for a while there (a year ago?), but now it seems solid.
I know some people have told me stuff about how the best thing to do is maintain your own wallet. I haven't tried that yet.
I have had some bitcoin for a long time, I have both a Coinbase account & a private wallet. A private wallet takes a little expertise, but it's certainly within your skillset. The trick is that you need to keep your wallet on a secured device, or at least as well secured as is possible. The phone app that I use is called Mycelium, and they do a good job regarding security; private keys remain only on the phone, encrypted, passcode locked, 12 word backup format etc. That said, don't keep more bitcoin on your phone than you'd feel comfortable walking around with real cash. Large balances need to be transferred to a more secure format, such as a "cold" wallet were the 12 words are kept in a secure place and are not actually loaded onto an internet connected machine until necessary.