Why should someone use an offline wallet, whats wrong with keeping my gains on something like bittrex?
>>2285375
U should google the Mtgox fiasco
>>2285375
Because of possible exit scam/hacker scam.
>>2285375
https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac
Hackers can get your online stuff a lot easier. If you don't store in your own wallet, definitely use two step verification
>>2285407
That and China freezing all withdrawals from exchanges. If you're holding any coin long term it should be in a wallet.
They are private companies and not banks. They can get hacked, insolvent or just run off with your funds. Unlikely but possible. Manage your own money, that's the whole point behind crypto