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Author Topic: Hold your coins in multiple wallets  (Read 4801 times)
steveabrahams
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July 09, 2018, 07:26:37 AM
 #201

Well i only have 2 wallets though, 1 wallet for bitcoin and 1 wallet for altcoins on myetherwallet and i never had any problem so far. Just always clean your pc, don't click and download something suspicious on the internet. Also having multiple wallets is good though, for safety.
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King Koy
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July 09, 2018, 07:29:37 AM
 #202

Right. It is really safe to have a multiple wallet than using only one and putting your tokens in it. I too is doing this because I was once hack and that was really disappointing.
ashlyvash00
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July 09, 2018, 07:30:50 AM
 #203

Yeah youre right. You didnt know what to do if you wont experience that thing. But for me i only make 2 wallets. One is for investment and the other one is for holding coin/token.
Fakeer 666
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July 09, 2018, 07:42:05 AM
 #204

It is very correct to keep coins, tokens in different purses. In our time there are a lot of collars that invest electronic wallets and to avoid this it is necessary to store investment piles in different purses.
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July 09, 2018, 07:51:05 AM
 #205

Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

Yes that is wise idea to secure our wallet is to make another wallet for holding, eventhough we spent a little gas
for sending tokens it is better than our whole holdings vanish because of phishing. One wallet for trading and one wallet for holding.

Btcirene88
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July 09, 2018, 08:03:14 AM
 #206

Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

Yes that is wise idea to secure our wallet is to make another wallet for holding, eventhough we spent a little gas
for sending tokens it is better than our whole holdings vanish because of phishing. One wallet for trading and one wallet for holding.


Absolutely, correct it should be like that for safe keeping of several coins investment and others source of coins you made. Because now a days many phishing site are being routed by many hackers for them to easily get your coins as easy.

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ifirina
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July 09, 2018, 10:38:36 AM
 #207

Diversification of risks is always a good advice. So, yes, it is better to store your funds in several places according to their usage and how you divided your investment bag.
In my case, I use Ledger for long-term coins and I keep it offline for 99,9% of time. Also I have several wallets for ETH and NOE where I have enough funds for ongoing ICOs. And small amount of money I keep on some of exchanges for trading. This way I minimise the possible risk.
Silberman
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July 11, 2018, 06:19:43 PM
 #208

Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?


In my personal opinion, the best solution for today is the hardware wallet. I do not understand why many market participants crypto neglect this simple solution. One hundred dollars will solve all your problems.

I remember that some time ago there was a poll about how much bitcoin the members of the forum had and I was surprised that the majority of the members had less than 0.1 BTC and if remember well most of those did not had more than 0.01BTC so if you are wondering why people in the forum do not use hardware wallets the most likely option is they simply cannot afford to buy one.
Michail.
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July 11, 2018, 08:22:29 PM
 #209

I use the MetaMask application for my wallets, according to reviews this is not a bad application to myetherwallet purse. I want to buy Ledger nano, my friends very much praise him.

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July 11, 2018, 08:33:56 PM
 #210

this is certainly a bitter experience, I also have this situation and I have taken exactly the same actions, I think this is one of the best options)))

Perka
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July 11, 2018, 08:43:30 PM
 #211

Safety comes first.Better of course have more than 5 wallets if you have large amounts of money in the account.This will give you more opportunities to save your money!
Valay9836
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July 15, 2018, 03:35:54 AM
 #212

I also divide into several wallets . and I try not to make transactions unverified sources . And for transactions started separately wallet . as the so ))
BrentMack
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July 15, 2018, 10:46:29 AM
 #213

If you are sure of the wallets and think that they are safe enough, then it is okay to split your funds so that in the case that any of your accounts get hacked, you will be sure that not all of your funds will get stolen. Be sure to keep your passwords and other info safe, but somewhere where you can easily get access to it.
PatStyle88
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July 15, 2018, 12:13:50 PM
 #214

Using multiple wallets is a very good idea and minimizes the risk of losing everything at once. Even better, this is just a hardware wallet.
Julianito
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July 15, 2018, 12:22:55 PM
 #215

For a user who is always part of a bounty, how many wallets would you recommend?
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July 15, 2018, 12:25:43 PM
 #216

You can do that but it is definitely easier to buy hardware wallet and let it take care of your security. It's a chore to have multiples wallet so i think it is better to be more careful regarding what you click and open on the internet. Always make sure you are on the right site before sending your crypto and you will be fine.

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traderethereum
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July 15, 2018, 01:06:30 PM
 #217

For a user who is always part of a bounty, how many wallets would you recommend?

I can suggest using mew wallet because, in that wallet, you can save all of the tokens that you earn from the bounty. it is safety wallet as long as you can keep your private keys and not telling other people about this. but if you want to hold your coins, it is better to use the other wallet and I prefer to use offline wallet like jaxx, coinomi, or the other wallet that can save our coins. but you can also use the exchange to save your coins if you want to do fast trade and then you can send it back to your offline wallet.
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July 15, 2018, 01:11:36 PM
 #218

Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

I think it's definitely better to just buy hardware wallet to avoid the chore of having a lot of wallets. Or you can be more careful in the future with what you click and open on the internet and your security will increase a lot. Most of the hacking problem is the user fault because they open phising site etc and if they are careful it can be avoided altogether.

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July 15, 2018, 03:17:24 PM
 #219

its advisable. when i was using myetherwallet i lost it to scammers  through a phishing link . and after that i created multiple imtoken wallets and split tokens and held them differently. i dont use the wallet i use for airdrop for storing my valuable tokens . even when Imtoken seems safer since its an app that dosnt need my private key to login.
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July 15, 2018, 03:22:03 PM
 #220

I hold all my keys on flash drive and use only! keystore to enter the wallet, dont go to fishing sites, and dont entered the wallet for a long time, but it was hacked and hacker stole 5 ETH ~ HOW? How it could be?) I think we dont know everything about MyEtherWallet team
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