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Author Topic: Is it safe to keep all your Bitcoins in one wallet?  (Read 3557 times)
zend7
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November 02, 2016, 07:15:40 AM
 #21

If it is big money it should be conserved adequately with the proper secure wallet. Paper wallets if generated offline in an offline computer and safeguarded like they should is the best free option to keep your money safe. If you have some money to spend on a hardware wallet by all means do so.

Many people thought they were secure with wallets like blockchain.info until they found out that they were not secure at all. Better prepare yourself in advance with the proper bitcoin wallet to store your coins in a safe way. Maybe it will look like a difficult thing in the beginning but is not.
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November 02, 2016, 07:19:06 AM
 #22

Nothing is %100 safe. Even if you use a hardware coldwallet, it can always get stolen by someone.

However, you can always reduce your risks to minimum. The biggest risks are using online wallets and using unprotected computers. If you fix those, you are %99 safe. Most people get hacked because they are too reckless about securing their PC's. We live in 2016 and there are still people who use their PC without an antivirus. They deserve everything they got.

You can still reduce risks to get hacked by using multiple wallets but to me that's too much work. 1 wallet is more than enough if you follow simple security steps. Take a look at people who get hacked on Polo or btc-e, all of them them weren't using 2FA. A system like 2FA is just a simple security system yet it is hack proof %100. (unless someone hacks the whole website at least)

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November 02, 2016, 07:31:50 AM
 #23

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.

It is not safe at all, people mostly use multiple wallets of different type to keep all their coins to be safe because if you just keep them in one and if it is an online wallet then you are not 100% safe as there is always a chance of a website to get hacked or something, so you should better keep them in a offline or cold wallet in order to be safe.
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November 02, 2016, 07:36:40 AM
 #24

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.

I'm keepin mine on blockchain.info without 2FA, and didn't have any issues at all, altho I'm keepin small amounts. If you have high amounts of btc, you'd be better off with a cold storage.

Do yourself a favor and please activate 2FA... Especially by announcing it here you make a potential target of yourself.

It is hardly any work at all to activate it and it will really boost the security of your coins.
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November 02, 2016, 03:39:11 PM
 #25

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes Bro Its 100% Safe But You have to Maintain Full Security Of Your Wallet Like You have to Enable 2FA Verification System Or Other Security Measures Like You have Block Tor Browsers Mainly Used By Hackers....
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November 03, 2016, 03:11:18 AM
 #26

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes Bro Its 100% Safe But You have to Maintain Full Security Of Your Wallet Like You have to Enable 2FA Verification System Or Other Security Measures Like You have Block Tor Browsers Mainly Used By Hackers....


Its not  fully  safe though  even you  block  tor  connections and 2fa  , all web wallets do have some risk on  lossing   your  bitcoin hence you  dont  have  the posession   of your  private keys  on  your  bitcoin then  for sure   the  risk  of  lossing  it is still there  unlike  on storing  your bitcoin  on a  hardware wallet or desktop  pc  which you have  your private keys  and  could able to retrieve  or get your bitcoins back incase it would  be  lost. Web wallets are  good  only  if  you do  make  fast transactions and  just be sure to store  only  small amounts.

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November 03, 2016, 11:32:15 AM
 #27

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.

You are talking about keeping coins in one online wallet. It is mistake.
None online wallet will never be safe enough. If you want your coins are safe, keep them in your cold wallet. In addition, secure it with very good password and copy wallet.dat to at least two external media.
It should be enough.

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November 03, 2016, 03:42:25 PM
 #28

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other wallets
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November 03, 2016, 04:00:27 PM
 #29

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other wallets

Many forum users say that it's not safe, because it's an online wallet and we don't have control over our private keys. But I agree with you that is good to use a exchange or wallet from our country, it's easily when we want to exchange the bitcoins into our real money.
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November 03, 2016, 04:08:22 PM
 #30

according to my experience has been that using blockchain.info and have added 2FA highly secure 100%, never lost.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.

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November 03, 2016, 04:33:42 PM
 #31

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other wallets

Many forum users say that it's not safe, because it's an online wallet and we don't have control over our private keys. But I agree with you that is good to use a exchange or wallet from our country, it's easily when we want to exchange the bitcoins into our real money.
It might be safe if he storing them on hardware wallet due to online wallet is very risky even though the 2FA is enabled on your account, aand this is clearly and has been discused so many times before that online wallet is risky for storing bitcoin but it's ok for storing little amount of your bitcoin, anyway i don't recommend to storing you money on local exchanger it's better for you to cashout to fiat imediately, i had a bad experience, my account has been frozen including all of the bitcoins out there, better to have your own private key.
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November 03, 2016, 05:30:55 PM
 #32

according to my experience has been that using blockchain.info and have added 2FA highly secure 100%, never lost.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.

Online wallet also quite good to have your bitcoins. However, sometime if you log in by google search, You need to get scammed these kind of situations. Better try to use the desktop wallet or cold storage to have your bitcoins with better safety.
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November 03, 2016, 10:52:45 PM
 #33

Yes it is. But you still need to be secured enough. You need to keep your systems well secured with iutlines given by ghe creater. More google search finders tend to notice the URL once they start fròm sining in. I happened to experience these kind of issues. It lead me loose around .05 btc
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November 03, 2016, 11:12:10 PM
 #34

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other wallets

It is not about buyin/selling Bitcoins via exchange, it is about storing all Bitcoins. Stories about exchanges hacks are starting from Mtgox, and you can be sure that anyone who lost money through such hack, never more hold coins in online wallets.

The only 100% safe method to store your coins, is cold wallet with strong password.

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November 04, 2016, 03:02:02 AM
 #35

Offline cold storage wallet is going to be the only thing that is totally safe.

Depending on the amount you are talking, its probably fine to store in an wallet like Electrum etc.
Be sure to find a wallet that lets you keep permission of her private key.

Least secure is the exchanges.
You can enable 2FA so ono one can get in without using an app on their cell phone,
but you don't control your private keys, and if someone finds a security hole in the site they may rob the entire exchange.
And there is no FDIC insurance to replace your money if it gets stolen.

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November 04, 2016, 05:16:34 AM
 #36

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other wallets

not really safe to store coins in blockchain.info as that is an online wallet if you asked me, we will never know if the site goes down without any notification to its users, can you say that is safe? even blockchain.info last forever, there is still a risk you will get hacked or lose your 2FA device. safe is when you have full control over your private keys and having backup of it
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November 04, 2016, 06:01:12 AM
 #37

I wouldn't recommend storing all of your Bitcoin in an online wallet as it is very insecure. Only store small amounts on an online wallet and make sure to change your wallet address frequently to increase security. However, there is not problem with storing it in a cold wallet.
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November 04, 2016, 07:39:48 AM
 #38

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Ofcourse blockchain is the safest bitcoin wallet in internet that most people uses nowadays to store there bitcoins or there earnings from trading and gambling blockchain is very safe not only to have 2fa activiated but also the key or username of your account will always send it to your email address.

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November 04, 2016, 07:57:01 AM
 #39

It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.

Of course, if that one wallet is corrupted somehow, everything is gone.

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November 04, 2016, 08:05:29 AM
 #40

It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.

Of course, if that one wallet is corrupted somehow, everything is gone.
Is there any posibility that one wallet can be corrupted somehow? and then what will the CEO gonna do with the bitcoins? i think it save automatically into his wallet? And yeh it depends on how good he is managing different accounts of bitcoin wallets and for me i always printing important things and information regarding on my bitcoin wallet.

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