I posted about this issue in the noob subreddit and it didn't garner much of a response. If anyone here could give me some info on why I almost never see offline wallets mentioned here and if libertyx requires tumbling that would be sweet.
My initial plan was to purchase coin through libertyx and send them to an offline wallet on a separate hard drive (bitcoin core). However, I have noticed that electrum and online wallets seem to be a way more popular route? Is there a reason online wallets seem to be preferred over offline wallets and is one route more viable/secure than the other? I have no problem storing the blockchain on my offline wallet but is that the main reason why people prefer online? The convenience of having a current blockchain? I am having a hard time finding a comparison between the two. Also, if I choose to go with an offline wallet is tumbling that necessary coming from libertyx? Any help would be great guys and thank you in advance!
I use libertyX and I don't tumble, but then again I spend less than $100/month and use an account not linked to my identity. If you were maxing out libertyX every week with an account created through Facebook, maybe you'd want to tumble.
I assume you mean cold storage by 'offline wallet'. I don't use it, I have never owned more than roughly 1.5 BTC, so it never made sense to me to use cold storage. Why would you want to use it?