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Author Topic: Do you use multiple Bitcoin Wallets to store your Bitcoins?  (Read 10110 times)
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June 30, 2016, 01:29:00 AM
 #21

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

It's always a good idea to use multiple addresses. Some people would even advice not to use the same address twice. I think that's overkill. But if you don't want to be tracked, try changing your active addresses every week or two.

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June 30, 2016, 01:30:55 AM
 #22

I have one wallet for BitCoin, but I trade much for altcoins to make profits, so that's where probably most of my coins are at the moment.
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June 30, 2016, 01:32:44 AM
 #23

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley
Yeah I do; I use Coinbase as by digital account and this is where I base all my transaction from. I have a Ledger wallet which i use for preliminary storage.  Smiley
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June 30, 2016, 01:36:27 AM
 #24

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

I have 3 wallets because i need it for my balance in gambling because some of the bitcoin wallet is locking some.wallet if your fund is from gambling so i have wallet for that. And i have coinbase for my hyip because sometimes i use my referal link so that i can earn referal bonus.. And coins.ph for my cashout and here the main wallet.

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June 30, 2016, 01:43:03 AM
 #25

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

I have 3 wallets because i need it for my balance in gambling because some of the bitcoin wallet is locking some.wallet if your fund is from gambling so i have wallet for that. And i have coinbase for my hyip because sometimes i use my referal link so that i can earn referal bonus.. And coins.ph for my cashout and here the main wallet.

I have 4 wallet because i need it too for my bitcoin earning. Yeah true other bitcoin wallet site can locked your account if they find that you using their wallet for gambling funds. So i have other wallet for my gambling. And i have other wallet for my erning in signature campaign. And my coinsbase or xapo for my cash out.
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June 30, 2016, 01:47:31 AM
 #26

I use Electrum's multiple addresses and differen't wallet files

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June 30, 2016, 01:57:48 AM
 #27

I use coinomi for more than a years is safiest like to other wallet.u can keep a altcoin like btc,doge,litecoin,dash and many more.


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June 30, 2016, 03:05:28 AM
 #28

I use to have 3 wallets, blockchain as my first wallet, yobit for my sig campaigns, and the other is the local currency wallets, I am interested to explore others like electrum and other offline wallets like Bitcore I'd like to play it around how would it goes.

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June 30, 2016, 03:10:56 AM
 #29

This is what my Bitcoin wallets usage currently looks like.

# 3 wallets where I have all my cold wallet coins in.
# 2 spending/receiving wallets for my daily transactions.
# 1 wallet without a password containing over 0.10 BTC to see if my pc is hacked or infected with a virus.

All this done with the client Bitcoin Core.

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June 30, 2016, 03:26:07 AM
 #30

I use several wallets but I am not going to give specifics.  It is always a good idea to take a wise approach while managing one's money.  Divide it up into savings, spending, investment....etc.  One wouldn't shove their whole bankroll into their pocket when they go out to the market for bread and milk, so one shouldn't keep his entire bankroll in a wallet designed for routine purchases.  It's just wise to diversify one's holdings under a tiered security protocol. 

One wouldn't want to flash a wad of "Benjies" while buying a can of wine in the ghetto would they?

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June 30, 2016, 03:27:45 AM
 #31

I got 3 different wallets I use. 2 on the computer and one on the phone and all hold a few btc all the time. I put most of my btc on cold paper wallets though.
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June 30, 2016, 04:00:55 AM
 #32

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

Diverse wallets in different sites is the best way to protect your bitcoin from being hacked or to increase protection. Its like making plan A, Plan B and Plan C. Making that kind of decision will make you feel secure so you can sleep at night without worrying about losing all your bitcoins. Even if you lose your btc in one account you still have more on other account of if that site blocks you  there are still wallet left to use.
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June 30, 2016, 04:19:08 AM
 #33

Yeah im doing it also. I had 3kind of online wallet just to be sure that my bitcoin will be safe and does not drain ,if some one of them close or deactivated my acount idont want to lose all my worked bitcoin when one of them running or trying to hack my acount . So to be sure I need to do that.

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June 30, 2016, 04:30:45 AM
 #34

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley
I don't think so. Because I'd never used a multiple bitcoin wallet Because for me the most trusted bitcoin wallet is the coins.ph but only in the Philippines.  I really don't know how to used the triple wallet. For me i am contented to one bitcoin wallet. Because if the triple bitcoin wallet. I have no time to the other wallet. Because i will focus on one Bitcoin wallet.
By the way. You can try coins.ph wallet. If you here in the Philippines. It is very useful in this country. You can save your money of you want. And you can withdraw your money if when you want anytime anywhere.
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June 30, 2016, 04:37:27 AM
 #35

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley

I have 3 wallets because i need it for my balance in gambling because some of the bitcoin wallet is locking some.wallet if your fund is from gambling so i have wallet for that. And i have coinbase for my hyip because sometimes i use my referal link so that i can earn referal bonus.. And coins.ph for my cashout and here the main wallet.
Yeah. Me too i have used an another bitcoin wallet. Because if you directly sent a gambling website. My coins.ph bitcoin wallet is automatically deactivate for how many days. It is very annoying. But it's ok we have no choice. Cause i need that wallet to save my money. And withdraw any remittances in this Philippine country. 😂 The policy of coins.ph is changing. 😂😂
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June 30, 2016, 04:41:52 AM
 #36

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley
i use only electrum wallet to store my btc. i feel it is more safer than other wallets so i dont need to make more accounts in other wallet providers. electrum is the best!
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June 30, 2016, 04:43:14 AM
 #37

Yes, certainly I do use more than one wallet to store my bitcoin and it is a wise thing to do so.

Instead of dumping all your bitcoin in one place it is always better to diversify. In terms of investment as well as for storing.

It is safe and even if your one wallet is hacked by some hacked, you can at least save some of your bitcoin holding.

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June 30, 2016, 04:46:38 AM
 #38

i use 3 wallet online , one of my wallet get hacked 3 days ago and my mistake because i am not set 2fa, glad i am not save all my coins in 1 wallet  or i will lost everything. 

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shinratensei_
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June 30, 2016, 04:48:19 AM
 #39

Hey guys,

I was wondering if you keep all your bitcoins in one wallet, or do you use multiple providers/accounts?

I am currently using 3 different wallets, it kinda feels safer not to store everything in once place...

Thoughts?

MC  Smiley
i use only electrum wallet to store my btc. i feel it is more safer than other wallets so i dont need to make more accounts in other wallet providers. electrum is the best!
Hey... Do I want to know about your experience using an electrum wallet, how the security of electrum does have a good security? I do not have more experience about another wallet and I want to know about this.thanks

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June 30, 2016, 05:04:59 AM
 #40

of course i use multiple bitcoin wallets to store my bitcoins but it is not so much about the security by spreading but it is mostly about convenience for me.

for example i use blockchain.info as a hot wallet that i keep small amounts and i can spend from it anywhere and anytime but it has lowest security to keep big amounts so i use Electrum as cold storage for most security by keeping it offline.

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