Why do people use so many Bitcoin wallets?

[kevin go]

i personally just use 2 wallet...one wallet for trading and one more for transaction
bcause the trading wallet take a lot transaction fee for transaction and the transaction wallet cant trading..
i think 2 wallet enough...many wallet will be so much confusing..

[diegz]

I am using a few, I do it because I am gambling sometimes. I always label each so I could see where are each transaction came from

Sooner or later you will find only your sum of bitcoins and leave off your labels and it's origin. It's from my experience.
But it's a good practice to label wallets and address for future reference.

Yup. they will just sum up in the end. and yes, I do label it for future references. who knows, i might need to check each sooner or later.. 

[harizen]

Using different bitcoin wallets is somehow  a good preventive measure to minimize the loss, at least. Scaterred funds are much better than putting all of them in a single knapsack.

Another thing is the wallet feature of each kind of wallet that will depend on user's interest.

[DaddyMonsi]

Using different bitcoin wallets is somehow  a good preventive measure to minimize the loss, at least. Scaterred funds are much better than putting all of them in a single knapsack.

Another thing is the wallet feature of each kind of wallet that will depend on user's interest.

Yes I agree, not all Bitcoin wallets have same function or features. In my case I use 3 wallets, 1 when I'm on the move which is downloaded in my smart phone, 1 to withdraw or convert my BTC to fiat and 1 at home.

[StarofBTC]

I also use 2 web wallets nowadays . Because incase if blockchains runs off with error or some issue then i can still do transactions over my other wallet

[arbitrage]

From the stand point of security it is not bad to create a few accounts with few addresses on https://blockchain.info .
 Then periodically transver coins from one to another accaunt ..to different address.

[Windpower]

I don't use multiple wallets lol. I only use 2 wallets. Oh wait that is multiple. HEHE. Just to be safer I guess.

[Betwrong]

Knowing that you shouldn't put all your eggs into one basket I used to have four wallets. But, around a year ago, I had actually stopped using three of them so now I have only one.

To make long story short, I think I have a different mindset now and I really think that it is safer to hold all your eggs in one basket. )

[Altynbekova]

Knowing that you shouldn't put all your eggs into one basket I used to have four wallets. But, around a year ago, I had actually stopped using three of them so now I have only one.

To make long story short, I think I have a different mindset now and I really think that it is safer to hold all your eggs in one basket. )

But what if your one basket is got hacked or something?
I think that would be not a good idea to do.

Because if you lose than you will lose all and having at least two is good to have.

[mrcashking]

Knowing that you shouldn't put all your eggs into one basket I used to have four wallets. But, around a year ago, I had actually stopped using three of them so now I have only one.

To make long story short, I think I have a different mindset now and I really think that it is safer to hold all your eggs in one basket. )

I would say it is safer to hold them in different wallet.Diversity is always the safest and even some malware gets into your hardware wallet or device the coins in the online one' will be untouched and you will be less disappointed.

[hawkins]

some people use more than one wallet, my own use 2 wallets, it's usually because of its usefulness for, wallet which one to save money, and wallets are only for fun, it's in my experience 

[romero121]

I also use 2 web wallets nowadays . Because incase if blockchains runs off with error or some issue then i can still do transactions over my other wallet

You are right for having a backup. Everyone uses various wallets according to their convenience with user interface, transaction and for some other related security purposes

[blackmachinegun]

I dont know it, I myself only using one wallet, and I can have many addresses only in a wallet,
using many wallets will only get confused and complicated

[newcoins1978]

I believe it's best to not keep all your eggs in one basket.
It's for safety and security reasons why people have different wallets.
If one gets compromised you still have a bunch of other wallets with your funds in it.

[Ryananda]

some people use more than one wallet, my own use 2 wallets, it's usually because of its usefulness for, wallet which one to save money, and wallets are only for fun, it's in my experience 

Yes I also use two as your wallet with each purse usefulness of each.
My first wallet to use for any online shopping is usually clothes, and a second wallet to be delivered to my bank savings.

[1Referee]

My wallets are for the following purposes.

- Cold storage for the long term.
- Bitcointalk wallet.
- Wallet where I store my coins for trading purposes. (I always send my coins back to my offline wallet when I'm done trading)
- Wallet for spending and receiving purposes for online stuff.
- Wallet for spending and receiving purposes in private life.

[chaser15]

It really depends on user's wants. Example here : Some exchanges wallets like Coinbase has legal terms against using their services in gambling related site. To become safe and to avoid that terms in the future then it's safer to use other wallet provider.

[Newcoins2020]

My wallets are for the following purposes.

- Cold storage for the long term.
- Bitcointalk wallet.
- Wallet where I store my coins for trading purposes. (I always send my coins back to my offline wallet when I'm done trading)
- Wallet for spending and receiving purposes for online stuff.
- Wallet for spending and receiving purposes in private life.

Damn you have calculated all of it. This is the most awesome idea that I have seen.
Having 5 wallet that is quite nice. That cold storage for the long term I hope we will get a high price with it.

Well good luck with future bitcoin world

[LuckyYOU]

People use different wallets mainly for security reasons
But for the most part it's also nice to have things organized as well.

[LarryHocks]

I think they use a lot of bitcoin wallet is because is just better to do if you don't want to lose all your bitcoins in one wallet.
At least having 2 wallets is just good and that is enough for a beginner.