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Author Topic: How many bitcoin wallets do you have and why ?  (Read 8976 times)
I Am Hero
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August 30, 2016, 05:29:01 AM
 #81

i only have one bitcoin wallet and the reason is i only need one!
i don't see why i would want to have anything else since the current wallet i have is satisfying my needs.

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junder
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August 30, 2016, 12:04:05 PM
 #82

I dont have a lot the bitcoin wallet
for what? if you have 1 or 2 bitcoin wallet, Its enough.
you dont need to many bitcoin wallet. it is confusing.

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Lombard
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August 30, 2016, 05:46:28 PM
 #83

i only have one bitcoin wallet and the reason is i only need one!
i don't see why i would want to have anything else since the current wallet i have is satisfying my needs.
i have only one too, i dont need any more because i think it is safe and anonymous for me enough

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August 30, 2016, 05:53:31 PM
 #84

I have tried many wallets before most of them were web wallets like coinbase, blocktrial and blockchain.info. and now I am using just one wallet on my smartphone. it is mycelium. I really find it the best wallet for small amounts and paying on the go
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August 30, 2016, 06:05:46 PM
 #85

Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?

I think that even with only one wallet is enough for people but because of lots of hacks recently I think we should use 2 wallets.

What i prefer to do is to have one as the hot wallet where we use it for everyday or every week use.

And another one (preferably) a hardware wallet which we can use as a cold storage and as a hot wallet for a rarer use.
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August 30, 2016, 06:20:33 PM
 #86

I just use two bitcoin wallets and one blockchain wallet as online wallet.i use these wallets because every wallet have a slight diffrent and unique feature than other like in mycelium wallet i can have a pre calculated transaction fees but in electrum i can set it manually
didingrirty
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August 31, 2016, 11:34:24 AM
 #87

I have only one bitcoin wallet and i don't plan to have more
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August 31, 2016, 05:27:38 PM
 #88

Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?

I think that even with only one wallet is enough for people but because of lots of hacks recently I think we should use 2 wallets.

What i prefer to do is to have one as the hot wallet where we use it for everyday or every week use.

And another one (preferably) a hardware wallet which we can use as a cold storage and as a hot wallet for a rarer use.
Can you explain what a hardware wallet gets you interested to such level that you prefer to use it?

I don't really see the need for a hardware wallet as it only adds extra cost.

You can just save your secured wallet files in a CD, USB, HDD, and the list goes on. And this is free since people have these things already at home.

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August 31, 2016, 05:56:02 PM
 #89

I think I have registered for about 7 wallets but only really use 3 main ones so not to hold all my eggs in one basket as they say.
Doing so would comprise what you have and just like with money if you have it stashed away under your mattress you will lose it all if a thief comes and robs you or the house burns down. Now that would be the most likely scenario too happen if you rely just on one wallet to hold all your bitcoin in. Lips sealed
Lombard
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August 31, 2016, 06:08:49 PM
 #90

i have only 1 because i just dont need any more as i just hold all my bitcoins

ubitcoin
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August 31, 2016, 06:19:55 PM
 #91

Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?

I think that even with only one wallet is enough for people but because of lots of hacks recently I think we should use 2 wallets.

What i prefer to do is to have one as the hot wallet where we use it for everyday or every week use.

And another one (preferably) a hardware wallet which we can use as a cold storage and as a hot wallet for a rarer use.
Can you explain what a hardware wallet gets you interested to such level that you prefer to use it?

I don't really see the need for a hardware wallet as it only adds extra cost.

You can just save your secured wallet files in a CD, USB, HDD, and the list goes on. And this is free since people have these things already at home.
Many prefer hardware wallets as there is less chances of losing the coins and the wallet getting hacked. I agree about the cost but those who earn or hold over 10-15 BTC prefer using hardware wallets (like the ones who hold coins for this forum and own over 250 BTC). For them, it's useful but not for us or those who hold less coins for their use.
paraavcisi
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September 01, 2016, 02:33:45 AM
 #92

ive just 1 wallet. im using multibit. its free to add wallet  Smiley
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September 01, 2016, 03:38:20 AM
 #93

Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?

You really dont  many wallet and it depends  on how  you would use it, if you have many transaction then create another its really depends on persons reference if he would create or not. Some may only create  one so that  it wouldnt be hassle on future transaction but other likes to make a new one on what  purpose  he would made. I do have  only 2 wallet  which is blockchain.info and coins.ph

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September 01, 2016, 04:25:26 AM
 #94

I think I have registered for about 7 wallets but only really use 3 main ones so not to hold all my eggs in one basket as they say.
Doing so would comprise what you have and just like with money if you have it stashed away under your mattress you will lose it all if a thief comes and robs you or the house burns down. Now that would be the most likely scenario too happen if you rely just on one wallet to hold all your bitcoin in. Lips sealed
I too own 10 wallets and keep about 25% in the ones I trust the most and remaining coins in others. With the increase in wallets getting hacked easily, I stopped using apps too and have a physical bitcoin wallet. I guess paper wallets are much more reliable than software wallets but if one particular wallet shuts down, it will still be a loss for us.
Kolder
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September 01, 2016, 04:43:37 AM
 #95

Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?

I think that even with only one wallet is enough for people but because of lots of hacks recently I think we should use 2 wallets.

What i prefer to do is to have one as the hot wallet where we use it for everyday or every week use.

And another one (preferably) a hardware wallet which we can use as a cold storage and as a hot wallet for a rarer use.
Can you explain what a hardware wallet gets you interested to such level that you prefer to use it?

I don't really see the need for a hardware wallet as it only adds extra cost.

You can just save your secured wallet files in a CD, USB, HDD, and the list goes on. And this is free since people have these things already at home.
Many prefer hardware wallets as there is less chances of losing the coins and the wallet getting hacked. I agree about the cost but those who earn or hold over 10-15 BTC prefer using hardware wallets (like the ones who hold coins for this forum and own over 250 BTC). For them, it's useful but not for us or those who hold less coins for their use.

i think it is useful too for us that holding small amount. I never stock my btc in online wallet for long time because i heard some complain to other user that there wallet
is ban because they deposit btc from gambling site. That triggers me to avoid online wallet and download hard wallet because i always gambling and it is too risky to stock my btc. I dont like to use mixer because it requires fee and my btc is very small for that procedure. So i think hardware wallet is the best.

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September 01, 2016, 04:52:49 AM
 #96

i think it is useful to have two or more bitcoin wallet if you have bitcoins or other altcoin in bulk amount becausr if one is temporarily out of servive then you can use another without stop your work like trading ,buying & selling .
since i have only 0.28 btc now but i have only one bitcoin wallet which is official blockchain.info .
since you are newbie so i will suggest you to use coinbase because it is free of transaction charge .
Sergiorr101
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September 01, 2016, 05:13:24 PM
 #97

i have only one bitcoin wallet as i dont need a lot of them, to be honest i dont use bitcoins too often

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September 01, 2016, 06:47:51 PM
 #98

Multiple wallets just depends on what you need to use them for.  Online and smartphone wallets are the most accessible if you are on the go, but nothing has the security of your own wallet.  Online wallets can be subjected to hacks and phones can be physically stolen much more easily than the HD of your computer.

It's not a bad idea to have 2, one as a spending account which is less secure but more easily accessible, and another high security account where you keep large amounts of 'savings'.

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freedomgo
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September 02, 2016, 08:51:28 AM
 #99

i have only one bitcoin wallet as i dont need a lot of them, to be honest i dont use bitcoins too often
My advise is you should, bitcoin has a lot to offer for us in our future and you belong in the community where we are about to make history, bitcoin will be big in the future so people here are making some investment, don't be left behind mate.

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September 02, 2016, 09:00:53 AM
 #100

I have 10 BTC right now, and I only save this bitcoins in my wallet for the future, I am currently receiving an income online so I would not let it pass that I cannot avail on the opportunity to invest while bitcoin is still in the young stage, I am expecting some good return in the future.

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