wxa7115
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October 28, 2016, 09:11:00 PM |
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I use about three wallets one in my phone so I could buy something in the real world with bitcoin, unfortunately it has gone unused so far, another for daily use and the final one where I store most of my bitcoin.
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outatime1
Sr. Member
Offline
Activity: 364
Merit: 254
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October 28, 2016, 09:43:41 PM |
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I keep some bitcoin on paper wallets. Some bitcoin I keep on an exchange to use for trading but I don't keep the majority of it on an exchange for security reasons.
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Shenzou
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October 28, 2016, 10:13:13 PM |
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I use 3 different wallets because it is much safer (imagine if your account gets hacked u lose all your bitcoin ) but i use Xapo as my main waellet cuz it is faster
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neochiny
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October 28, 2016, 10:31:02 PM |
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Yes, I do use multiple wallets. Although admittedly some only have a few hundred bits while others, which I use more often would get majority of what I'll use for that week or so. I use 5-6 wallets. One in desktop, one is my local exchange, the others are blockchain, coinbase, crypto-pay and xapo(not much).
As we all know, never put all your eggs in one basket. Really can't be too careful especially with all the hacks going on. Also, I usually only put enough funds on web wallets which I would use for the week or for payments,shopping,etc. Can't hurt taking extra precautions. I've also been thinking of getting a more secure one like ledger or something. Haven't tried/stored in a paper one yet.
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MTBTT
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October 28, 2016, 10:59:38 PM |
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nope i use only one wallet to store my bitcoin because I have only few amount of bitcoin that if i store my bitcoin in 4 5 wallets then then each wallet will have pony 2 3 dollar. and i am not so rich that I could use multiple wallets to store huge amount of money.
Lol I think if you only have a little money you do not need to use a lot wallet, because it will only be bothersome and confusing, try using one wallet safe enough
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Chin Cheng
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October 28, 2016, 11:05:19 PM |
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nope i use only one wallet to store my bitcoin because I have only few amount of bitcoin that if i store my bitcoin in 4 5 wallets then then each wallet will have pony 2 3 dollar. and i am not so rich that I could use multiple wallets to store huge amount of money.
Lol I think if you only have a little money you do not need to use a lot wallet, because it will only be bothersome and confusing, try using one wallet safe enough using one wallet online is not at all a safe method,you need multiple wallets and make sure you keep the large amount in a cold storage rather than a hot wallet
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betohell
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October 28, 2016, 11:39:48 PM |
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I keep some bitcoin on paper wallets. Some bitcoin I keep on an exchange to use for trading but I don't keep the majority of it on an exchange for security reasons.
yeah you can see a lot of events before that some exchange site to be a scam and you should be careful in using the funds in exchange, do not keep too long in the exchange
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bitkilo
Legendary
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Activity: 1638
Merit: 1010
https://www.bitcoin.com/
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October 29, 2016, 12:52:02 AM |
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Everyone should have at the very least a minimum of 2 wallets, a hot wallet and cold storage, even if you don't have a lot of coins you still need two.
Personally i used to try out every wallet released but don't have time for that anymore. Now i have 3 main wallets, online wallet, Mycelium for phone and good old paper for the cold storage needs.
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Not a paid signature, just added to promote Bitcoin.com
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ashiqdey
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October 29, 2016, 04:12:32 AM |
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now I have only one Wallet to store all my bottom. i feel ready with one wallet because i am student and I don't have that much time to switch or log in to multi wallets for transaction. so 1 wallet servers me very well and I don't have too much amount to store in separate wallets.
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rchstr
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October 29, 2016, 04:20:37 AM |
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i think 1 wallet is enough. its up to you though. making multiple wallets is confusing when you know your not organized with such wallet apps/site. just an opinion from me. have a nice day sir
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chixka000
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October 29, 2016, 04:31:03 AM |
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I also do like the idea of having more than one wallet. Currently i am using coinsph wallet for cashing out good thing about it is that they do have a feature that connects coinbase wallet which is my wallet for trading. Another plus is that hey also have a mobile application
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JeffBrad12
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October 29, 2016, 06:04:57 AM Last edit: October 29, 2016, 06:15:25 AM by JeffBrad12 |
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i think 1 wallet is enough. its up to you though. making multiple wallets is confusing when you know your not organized with such wallet apps/site. just an opinion from me. have a nice day sir everyone is already making any organizing for storing the data of all wallet and i think that's will always be general things before making a lot of wallet for storing your funds.
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rchstr
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October 29, 2016, 06:06:41 AM |
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i think 1 wallet is enough. its up to you though. making multiple wallets is confusing when you know your not organized with such wallet apps/site. just an opinion from me. have a nice day sir everyone is already making any organizing for storing the data all of the wallet and i think what's will always be general things before making a lot of wallet for storing your funds. is there any application to do such things? or you just do it manually?
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Bliss04
Newbie
Offline
Activity: 3
Merit: 0
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October 29, 2016, 06:07:22 AM |
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No i also use only 1 wallet , Xapo wallet Trusted wallet with fast transaction processing.
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quentincole32
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October 29, 2016, 06:30:26 AM |
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No i also use only 1 wallet , Xapo wallet Trusted wallet with fast transaction processing.
online wallet? never mind , if you hold a large amount bitcoin any online wallet is never recommended. but well if you stored a little amount only. basically too much wallet could make you confused to figure out which one you are looking for later. but used 1 wallet only not a good decision , as you may face unexpected technical or non technical problem , who knows? so always used two wallets at least , 1 primary and the other to cover in case something bad happened.
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