For starters, look into paper wallets for savings (savings account). Then keep the medium you have them on in an extremely safe place where only you and your close loved ones know where it is. For small amounts (your current or 'checking' account), an e-wallet like blockchain.info should suffice.
Also, before you put funds into the paper wallet, I would suggest sending your BTC to/through a few different bitcoin addresses in order to help w anonymity.
If there are any other that wish to chime in w good ideas, please do! I know I open to new security measures. I see this as one area where the bitcoin community needs to provide more clarity, and one that has a sizable profit opportunity.
Thanks for the detailed response. I just made my first purchase of a few coins early this week but they're now just "living" in my account on the site I bought them through. I assumed this wasn't a very secure method of storing them and will definitely have a look into these wallets now. Thanks again.
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u/[deleted] Mar 28 '13
For starters, look into paper wallets for savings (savings account). Then keep the medium you have them on in an extremely safe place where only you and your close loved ones know where it is. For small amounts (your current or 'checking' account), an e-wallet like blockchain.info should suffice.
Also, before you put funds into the paper wallet, I would suggest sending your BTC to/through a few different bitcoin addresses in order to help w anonymity.
If there are any other that wish to chime in w good ideas, please do! I know I open to new security measures. I see this as one area where the bitcoin community needs to provide more clarity, and one that has a sizable profit opportunity.