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Author Topic: Is it safe to keep all your Bitcoins in one wallet?  (Read 3554 times)
dinda22
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November 08, 2016, 06:37:08 AM
 #61

4 years I use blockchain.info and also activated 2FA. as long as it is also I keep my bitcoin in large amounts and I never got any problems, let alone got hacked. blockchain.info even now getting better with new features, as well as better security.
Red Fish
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November 08, 2016, 07:42:42 AM
 #62

If you have 2FA activated, then I think it is safe. Your mobile is always with you, so everything is ok. But you can buy also Trezor hardware wallet - it is safest bet.
Oilacris
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November 08, 2016, 02:15:35 PM
 #63

In my own  opinion  with this , i could really say  that  its better  to  store all your  bitcoins  on a single  wallet   for you dont have any confusions  regarding  on your  transactions , if you do  really  hold  tons of  bitcoins  then  make  a  partitions, best to store  those on a hardware wallet  with  private keys  been  keep secure and then  get  only the amount  you would  use and  put it on either  pc wallet or  web wallet  just  be  responsible  to take care of your  bitcoins.
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November 08, 2016, 03:46:37 PM
 #64

It depends on  what  type  of   wallet  are you storing  up  your bitcoins, If its  on an  online wallet then  sure  it has big risk  on  lossing it because  you  dont have  its private keys  unlike on pc wallets and  cold storages.  Web wallets are  only  good for faster online transactions.

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November 08, 2016, 03:57:24 PM
 #65

It depends on  what  type  of   wallet  are you storing  up  your bitcoins, If its  on an  online wallet then  sure  it has big risk  on  lossing it because  you  dont have  its private keys  unlike on pc wallets and  cold storages.  Web wallets are  only  good for faster online transactions.

Agree,  web or online wallet  are good  only for   fast exchange or payments  onto services  online or  buying up something but  its not really safe  to   put  up your   bitcoin  on  their    but   there are  still good web wallets like  blockchain  which  do have a good security   on their  wallets and i didnt even heared about  any complain  of  being  hacked  or  lost  bitcoins  into someone. 

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November 08, 2016, 04:56:35 PM
 #66

It depends on what kind of wallet you are using.  Cold storage is recommended if you're planning to keep all your coins in one wallet.
As for me I'm dividing my funds into 3 wallets,  1 Web, 1 Android,  1 windows
Wolf_Pack
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November 10, 2016, 12:26:51 PM
 #67

It depends on  what  type  of   wallet  are you storing  up  your bitcoins, If its  on an  online wallet then  sure  it has big risk  on  lossing it because  you  dont have  its private keys  unlike on pc wallets and  cold storages.  Web wallets are  only  good for faster online transactions.

Agree,  web or online wallet  are good  only for   fast exchange or payments  onto services  online or  buying up something but  its not really safe  to   put  up your   bitcoin  on  their    but   there are  still good web wallets like  blockchain  which  do have a good security   on their  wallets and i didnt even heared about  any complain  of  being  hacked  or  lost  bitcoins  into someone. 

Keeping bitcoins in online wallet involves huge risk as some may hack your wallet in future so better choice is to put them in offline wallet so the risk of loosing your bitcoins gets lower and you can transfer your bitcoins to online wallet only in case if you are gonna sell them and that also the amount that you require.


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November 10, 2016, 02:28:19 PM
 #68

Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
If one type of wallet by chance got identified with any possible vulnerability, the bitcoins in other type of wallet will be safer by that time. So, it highly advisable not to hoard all the coins into single address/wallet. Personally I use multibit, electrum and blockchain.info for various reasons. I have back up in three different geo locations.
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