What options does one have to manage Bitcoins?
I started trading and buying Bitcoins for a while now, and realised: I have multiple wallets and multiple websites where I have bitcoins/litecoins.
I think most of the people, including me, want use Bitcoin in there day to day life, and also invest in Bitcoin and Litecoin.
For this, which setup is recommended?
- Is it safe yet to store, lets say, 50 to 100 Bitcoins at some online service, or should I, after purchasing, transferring it to a
hardware wallet?- Are there any sites which are buying Bitcoins or is it always from person to person (therefore, Volume might be a problem when investing)
- All recommended services and wallets also have as many open “recently got hacked” reddit threads. Which ones have to be in a basic
setup?
In my perfect world, I have
- A hardware wallet with my Bitcoin investment
- A hardware wallet with Litecoin
- A mobile app for day-to-day bitcoins
- A trusted online service where I go to buy Litecoin/Bitcoin and also
sell it
Is my perfect world correct, are the big tradings time over or yet to come? From a tech perspective, Bitcoin is quite old, but there are still just low-quality apps out there.
Any guidance?