Re: The Bitcoin (crypto) Beginner's Guide
Posted: Tue Jan 09, 2018
SilverDoge wrote:How do you store your bitcoin or crypto?
I like to use wallets that store multiple coins. The below wallets work well.
Jaxx - https://jaxx.io/
Exodus - https://www.exodus.io/
MyEtherwallet (MEW) - https://www.myetherwallet.com/ This is the popular Ethereum based wallet for ERC-20 tokens. You can use a hardware wallet in conjunction with MEW for extra security.
I've used the Jaxx wallet for years. It is versatile in that it accepts a lot of different coins, but sometimes it gets a little flaky. I have the Jaxx wallet on a Win10 PC, a Chromebox, and my phone, all synced together. The Chromebox is my primary computer.
For some unknown reason this past weekend, the wallets refused to sync. The wallet on my Chromebox had the correct balances, but the Win10 and phone were unable to update. As a result, I was unable to send any crypto. I had made a trade with another BS member, but I was unable to send him the funds.
I tinkered with the problem, deleting wallets and creating new wallets, but nothing worked. I figured it would be a royal pain in the azz to fix the problem. The Jaxx wallet is a free product, therefore don't expect much in the way of customer support.
I checked on Monday morning, and discovered that all 3 devices were synced-up. I don't know what happened, but my wallet was unavailable for 2 days.
The moral of the story is this. If you are using Jaxx across multiple devices and the devices become un-synced, just wait it out for a few days. The problem might just resolve itself given time.
Always keep a copy of your 12 word backup phrase. Just because you've lost your wallet, you have not lost your coins as long as you have your backup phrase.
Last but not least..... If you have more than a week's pay in crypto, consider buying a hardware wallet like Trezor, Ledger S, or KeepKey. Hot wallets on phones or computers are really insecure.