Split BTC in different wallets?

[btcwish1]

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. 

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[TryNinja]

That's not a good idea. The best option would be to hold all your coins in a hardware wallet or desktop wallet - such as Electrum - instead of storing them in several online wallets. Just being "risky" - which motivates you to separate your coins in several wallets - should already be reason enough to not use them in the first place.

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.

How exactly is Ledger Nano S not user friendly? LOL

Just like any other wallet, you receive your coins by copying your Bitcoin address and giving it to your sender. To send, you can just go to the "Send" tab, paste your receiver's address and confirm the transaction in the hardware device. What is so difficult about this?

[ivrynx]

This is a good idea, backing up your bitcoins, just make sure that you and only you knows the key, to avoid your bitcoins from being stolen. You could also try using offline wallets, desktop wallets, online wallets, to store your bitcoin, just make sure you save a copy, in case you lost any of those wallets, just always be cautious since in todays world, technology is innovating and also thieves are updating themselves, however for paperwallet, if it contains bitcoins, i suggest you laminate it or have it frame, to avoid it from being destroyed. We must also keep our firewalls or antivirus software to be updated, since some hackers, can't hack you wallet but they can hack your system, and you might be saving importany details in your document. Also, if you are doing this witj bitcoin, just make sure that you split it equally, and that you only use your online wallet, and the others are just for storage.

[kucritt]

Use 4 wallet web based is not good choice, it can be trouble some day, the best way is save your bitcoin into hardware wallet, such as you can buy raspberry pi for save your bitcoin. It will saver than you store in web based wallet

[gredisgold88]

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, it should be like that, dnot save btc long time with account exchange, it is very dangerous, because hackers or malware attacks, who is know "when hackers start attacking ? " . if split btc for some devlopher wallet btc , is not really necessary. but if you want to be safe, why not?. I suggest mycelium wallet & blockchain.info , this wallet very save .

[Singwala]

This is not a good idea. It's best to put your bitcoins on a Hard Wallets. You hold your private keys because it is more secure and no one can access it. So even if you leave your bitcoins for a long time it's still there, You just have to keep your private keys and make sure you do not forget it, because this is the only way to access your wallets

[Singbatak]

That idea is hard. Because you're more likely to access your accout and definitely lose your bitcoins with the transaction fees you pay. The best thing to do is buy Trezor Wallets or even Ledger here you can keep your bitcoins. It's like a USB type wallet and you can carry it anywhere. But its price is very high but worth it because your btc is safe and you protect it from robbers. There are also other ways like Paper wallet, Hardwallet, Here you can also hide your btc. All you have to do is not forget your private keys

[triads]

As already mentioned, definitely go with hardware wallets.

In addition, I suggest having backup split physical locations for your private keys.  I.e.,
physically send half of your key to one family member, then the other half of the key to an
unrelated friend.

That way, if you are ever error-prone enough to lose your key, you can always reconstitute it. But
each person holding half of the key cannot access your wallet. (I know at least one person who
lost their key and is desperately trying to get access again... who knows how much crypto is
'stranded' this way!)

[LuanX3]

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. 

No. no. no. no. No to all!

Why would you want to store your bitcoins in online wallets? The best way to store them is by yourself on a hardware wallet or even just a software wallet it would be safer!
If you deposit them in online wallets, there is a chance they close down or that they change their terms and you will be in a disadvantage. A bad experience of mine is that
they took so long to credit a transaction and I lost an opportunity to profit!

[pooya87]

that is a terrible idea because none of these are bitcoin wallets. they may call themselves wallet but it won't make them one!

these are all third parties, some of which i have not even heard of, that are keeping bitcoin instead of you and you are giving up your "control" over your money.
start using a real bitcoin wallet here is a helpful topic you can read: https://bitcointalk.org/index.php?topic=1631151.0
in short a bitcoin wallet is a wallet that you control the private keys not someone else.

[jossiel]

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? 

Yes it is good to split your funds in different wallets but be careful on where you are putting it, why you didn't considered blockchain.info for storing some of your funds?

I won't store too much bitcoins on exchanges because it's penetrable by hackers and it's better to use a desktop wallet for more security.

As long as you hold the keys / seed you'll be safe.

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.

If you don't find it user friendly then don't drag yourself to use it but still learn to study it.

[crptotrader007]

its always a good thing to split a large amount of money into smaller amounts into different groups so that it stays safe.
The reason is that if one suffers from an issue, it should not effect the other.

[Enya97]

your statement is very helpful to me because it has explained how to safely we save our BTC, hopefully not only I can know this knowledge, honestly I do not know much about bitcoin ..

[mx667]

Use 4 wallet web based is not good choice, it can be trouble some day, the best way is save your bitcoin into hardware wallet, such as you can buy raspberry pi for save your bitcoin. It will saver than you store in web based wallet

Why web wallet is not save ? In my opinion, web wallet is secure and cannot be broken. If we use hardware wallet, what happen if the hardware is broken ? Is the Bitcoins still stored ? Or they are gone ? And again, web based wallet is free. Most of us use it. But hardware wallet is not free right ? How much would it cost to have a hardware wallet ?

Its always a good thing to split a large amount of money into smaller amounts into different groups so that it stays safe.
The reason is that if one suffers from an issue, it should not effect the other.

Yes that's right. I think in my opinion, it will become more secure if one of our wallet is hacked. It's bad but we still have other Bitcoin, and our money is not all gone. But, I never heard about web wallet having trouble before. What problems usually happen to web wallets ?

[cleygaux]

Use 4 wallet web based is not good choice, it can be trouble some day, the best way is save your bitcoin into hardware wallet, such as you can buy raspberry pi for save your bitcoin. It will saver than you store in web based wallet

Why web wallet is not save ? In my opinion, web wallet is secure and cannot be broken. If we use hardware wallet, what happen if the hardware is broken ? Is the Bitcoins still stored ? Or they are gone ? And again, web based wallet is free. Most of us use it. But hardware wallet is not free right ? How much would it cost to have a hardware wallet ?

Using web wallets and storing it for long term is not advisable and gives no assurance to every bitcoin holders because in web wallets we are not allowed to hold our own private keys and if this online wallets decided to go offline and turn to scam eventually you cannot recovered it anymore thats why using those wallets are so risky, desktop wallets are more advisable.

[btcwish1]

Thanks all for suggestion. Is Exodus not considered as desktop wallet?    Exodus has option to get private key

[AVAMONEY]

make online wallet its not bad idea, as long you have trust in which in wallet you need saving it.
backup its important things.

[DoublerHunter]

If you are really into storing bitcoin into a safe wallet. I suggest to you to buy a ledger wallet which is a hardware wallet but a safe one and it is safer than those wallets that you stated. It is an offline wallet where it also have a high security that you can use to store your bitcoin and also other cryptocurrencies.

[jc89]

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. 

That's a good call. It really is a smart move to split your btc in different wallets to avoid loss from hackers as much as possible. But since you put your coins to various wallets I think you should also consider to store some in a hardware wallet rather than putting it in 4 different online wallets. I think it is more safe and hacker proof as long as you'll keep it properly.

[Bytem3]

I think that's a good idea. You should also think about storing your coin in a hardware wallet such as Trezor Bitcoin Wallet, which is most popular I think.