Split BTC in different wallets?

[thoham]

It is a little bothersome that this can even occur. What is to stop multiple wealthy actors from individually creating their own forks and mooching off of the momentum of bitcoin? That is essentially what has happened here. I want to just dump the BCH to help in driving down the value so it is no profitable to mine - at the same time, I don't want those same miners coming back to BTC, as they are clearly intent on attacking bitcoin. I'd rather they slowly wilt and die over a period of years while their alt-coin becomes worthless.

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[Superzpay]

Oh yes. It is advisable to split your bitcoins to different wallets especially if you're using online wallets. You don't know what are the possibilities that your online wallet provider will have a problem. If you have hard wallet then the better.

I think it all depends on how many Bitcoins you have in your wallet. If you are having a large amount of Bitcoins, then using different wallets is actually not a bad idea. On the other hand, if you don’t have much Bitcoins then there is no point of having more wallets. This will only add trouble for you. Think as per your own convenience.

[DoublerHunter]

Oh yes. It is advisable to split your bitcoins to different wallets especially if you're using online wallets. You don't know what are the possibilities that your online wallet provider will have a problem. If you have hard wallet then the better.

I think it all depends on how many Bitcoins you have in your wallet. If you are having a large amount of Bitcoins, then using different wallets is actually not a bad idea. On the other hand, if you don’t have much Bitcoins then there is no point of having more wallets. This will only add trouble for you. Think as per your own convenience.

That is right, all of the users must consider the amount of their bitcoin first before thinking about splitting bitcoin into different kind of wallets because sometimes, bitcoin users consider diversifying bitcoin into different wallets but they don't know that it is only good for people who got 10 bitcoins and up. So for me, before diversifying, make sure that you have enough bitcoins to diversify in order to enhance the security of your money in bitcoin.

[robelneo]

Dear friends,

I have few btc which i stored in payeer. But upon receiving suggestion from you guys, I decided to split them in 4 wallets just in case if any company has any issues etc:

Payeer
cryptopay
coinbase
Exodus

Can you please advise if it is actually a good idea to split them or if there is any benefit to put all in one wallet? 

I understand it is good to have ledger nano, but from vieo reviews in youtube,  I don't find it user friendly so  I do not want to use it as yet.

Thanks. 

Yes that's good you store wallet in a different kind of wallets, but be sure that the large amount should be in a desktop wallet like exodus and ethereum and only amount for trading purposes should be in online and wallet exchange, this is what I done with all my Bitcoin.

[raymart0720]

if the coins was many
it is bad to store it from web online based wallet
I suggest that you store it in a hardware wallet which you can store physically
it is expensive but the assurance is 100%

some of my friend store his coin in a website and that website online wallet freezes all of his money
be careful

[TheBTCAlex]

I would not suggest coinbase, simply as they are an online exchange and you do own or control your own bitcoins, you do not control the private keys. Instead of any online solutions, if you really want to keep your BTC safe, I would suggest Electrum wallet, which is probably the best one out there, and with that use paper wallets, hardware wallets and cold storage too, and keep all your devices free from viruses always.
And, never forget to make multiple backups and store them in offline drives to help keep your private keys safe.

[Boov]

Dear friends,

I have few btc which i stored in payeer. But upon receiving suggestion from you guys, I decided to split them in 4 wallets just in case if any company has any issues etc:

Payeer
cryptopay
coinbase
Exodus

Can you please advise if it is actually a good idea to split them or if there is any benefit to put all in one wallet? 

I understand it is good to have ledger nano, but from vieo reviews in youtube,  I don't find it user friendly so  I do not want to use it as yet.

Thanks. 

I think its a good idea to split you Bitcoin into multiple wallet . There is a high risk if you only turn all your money into 1 wallet. What if hacking occurs ( which we wish not happen ) all your money can easily steal by other then it was wasted that you can not even use even a little bit of what you save for yourself . So i think Splitting into multiple wallet is a better and bright idea to take for precaution and safety.

[bit-freedom]

It is good to spilt your BTC into 4 wallets but you do not own the private keys to 3 of them. It is not safe to keep your BTC in such wallets for the long term. You will never know when the companies will be gone or change of regulation. Keep your BTC in paper wallet and hardware wallet are the safest way.

[mevmike]

you have done a good thing when you split your coins into different wallets.
but you must reconsider your decision with regards to putting it all on a online wallet.
as what others have already mentioned, it may not be that safe entrusting all your coins on a third parts.
better have a hardware wallet and store the keys for yourself.

[megynacuna]

you have done a good thing when you split your coins into different wallets.
but you must reconsider your decision with regards to putting it all on a online wallet.
as what others have already mentioned, it may not be that safe entrusting all your coins on a third parts.
better have a hardware wallet and store the keys for yourself.

Exactly, online wallets aren't the best and  so if you plan on using different wallets then the cold wallets should house majority of your bitcoins so that the online wallets will only  be responsible for a few bitcoins that you  circulate around.

[Mike Mayor]

You don't want an online wallet. You want a private key. You will not leave the key to your house with s company will you? Not when you can keep it yourself. Remember to backup please. On paper on PC. Wherever. Don't lose your private key ever send also never delete or throw away one either. It's just in case you throw away the wrong key or you may need it Oster for some or another reason. Maybe someone sends Bitcoin to that address by mistake? Who knows? It could happen.

[FasTroy]

you have done a good thing when you split your coins into different wallets.
but you must reconsider your decision with regards to putting it all on a online wallet.
as what others have already mentioned, it may not be that safe entrusting all your coins on a third parts.
better have a hardware wallet and store the keys for yourself.

Exactly, online wallets aren't the best and  so if you plan on using different wallets then the cold wallets should house majority of your bitcoins so that the online wallets will only  be responsible for a few bitcoins that you  circulate around.

I think the offline wallet is for the massive safe of bitcoins, we talk about more than 10 bitcoins, but when we talk about online wallets, it was all good, because there is a lot of secure wallets, for exemple like blockchain and XAPO, this is my point of view about that, Also the split of bitcoin is great, because when you have a problem with one wallet, the others will be fine.

[Youghoor]

It is a good idea, but if you have an offline wallet why would you want to keep those bitcoins in different wallets? If you are going to hold your bitcoins in a multisignature wallet then it would be fine because you can ask people to send your payments to those wallets, and it is imppossible for them to track your bitcoins if you use a multisig wallet. Anyway, the most safest thing is just to buy an offline wallet and try to protect your bitcoins in there.

[grermezter]

Dear friends,

I have few btc which i stored in payeer. But upon receiving suggestion from you guys, I decided to split them in 4 wallets just in case if any company has any issues etc:

Payeer
cryptopay
coinbase
Exodus

Can you please advise if it is actually a good idea to split them or if there is any benefit to put all in one wallet? 

I understand it is good to have ledger nano, but from vieo reviews in youtube,  I don't find it user friendly so  I do not want to use it as yet.

Thanks. 

I think i understand your reason for splitting the bitcoins so that in the scenario where one of your wallet  may get compromised, the thief will not have access to all the bitcoins that you have. I suggest that you have the highest security available for each wallet, I laud your idea and i think i am going to implement it for mine as well.

[szpalata]

It is a good idea, but if you have an offline wallet why would you want to keep those bitcoins in different wallets? If you are going to hold your bitcoins in a multisignature wallet then it would be fine because you can ask people to send your payments to those wallets, and it is imppossible for them to track your bitcoins if you use a multisig wallet. Anyway, the most safest thing is just to buy an offline wallet and try to protect your bitcoins in there.

Probably he wants to trade with some or even gamble some online and leave the bigger stock of bitcoin safe somewhere without visiting that frequently. I practice that system because i don't want to risk any hacker viewing my wallet activities online and so i have the ones that regularly move around in  an online wallet and the rest in cold storage.

[btcprospecter]

Splitting is a good idea you never know what can happen same with paper wallets too. We hear all too often of something happening to peoples bitcoin.

[kotajikikox]

Dear friends,

I have few btc which i stored in payeer. But upon receiving suggestion from you guys, I decided to split them in 4 wallets just in case if any company has any issues etc:

Payeer
cryptopay
coinbase
Exodus

Can you please advise if it is actually a good idea to split them or if there is any benefit to put all in one wallet? 

I understand it is good to have ledger nano, but from vieo reviews in youtube,  I don't find it user friendly so  I do not want to use it as yet.

Thanks. 

nice move and good idea's your decision for your bitcoin wallet are very secured even the hackers want to access your wallet account can't lose your all investment using your bright idea's.

[5moke]

That's a bad idea at best All bitcoins working together on an offline wallet is the safest.

What I like best is a paper wallet

[JayT22]

splitting on paper wallets is the best u can do with ur coins. when u  have a lot of coins u wont lose them by hacker,malware or trojans,keep them save!
a lot of people got their coins stolen here in the forum.