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Author Topic: Hold your coins in multiple wallets  (Read 4796 times)
An0nyMoose
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August 06, 2018, 12:14:37 PM
 #381

This is the best way for you to hold your coins if you ask me, put all of the coins in multiple wallets to make sure that if one wallet gets compromised, you can be sure that all of the other coins are still safe in your other wallet. The biggest threat to you as an investor is not the prices of the coins falling but it is the hackers that want to steal your coins.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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rasmadisulaiman
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August 06, 2018, 12:31:36 PM
 #382

It's good to use a number of wallets, but many wallets will really make us dizzy and not remember passwords. I think two wallets to secure my coins are enough, if my wallet is hacked I still have a backup and for that I have to divide between one or two wallets.

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August 06, 2018, 12:40:21 PM
 #383

Yes that is the safest thing to do because we never know when hackers will attack dunno why my exchange accounts get compromised even i have 2FA and i never go to fishy sites so weird !
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August 06, 2018, 01:41:50 PM
 #384

Yes, I never put the coins in a purse, so I always allocate the coins, so it's better to avoid the hackers who can attack my wallet.

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Jombrangs
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August 06, 2018, 02:25:51 PM
 #385

To be honest holding your coins in multiple of wallets is not good idea to do at all because of a lots of chances of conflict or circumstances that will happen because of having multiple wallets.
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August 06, 2018, 02:27:59 PM
 #386

I figure the experience will be exceptionally useful and manage somebody more exhaustive and alarm. on account of robbery for the most part because of carelessness of its clients. I have encountered comparative things with you, which is the reason I am more defensive again as far as PC security, fastidious in each activity worried about the wallet.
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August 06, 2018, 02:30:23 PM
 #387

I think it is a smart thought, on the grounds that on the off chance that one Wallet gets hack then you just lose what you have in that wallet and not all your venture. It is extremely unsafe to put all your investments tied up on one place. Additionally I would state you should mind the way fill or tap on joins on the web, some of them are only there to help individuals to hack and trick you. Cross and twofold check everything before you click or continue with the exchange.
arpaul
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August 06, 2018, 02:31:08 PM
 #388

I use only one wallet because it is so confusing to use many wallets. It is good that you used different so if one is hacked you can save some of your coins but it is too confusing to used different wallet. Better used one wallet and do not give your pass key to anyone so it will not be hacked by someone. If it is hacked it is hard to recover because the transaction information is secret. That is why you have to be carefull with your wallet and always double checked your website because there are too many phishing site. Wink
WiiD
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August 06, 2018, 02:31:43 PM
 #389

To be honest holding your coins in multiple of wallets is not good idea to do at all because of a lots of chances of conflict or circumstances that will happen because of having multiple wallets.
Keep your coins in several purses is a bad idea for bounty hunters, because managers can take you for scammers or multi-guards. In general, of course, it is better to keep them in different purses.
Jakson123777
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August 06, 2018, 02:38:42 PM
 #390

I have some wallets.1) for bitcoin.2)for Ethereum and tokens 3) for NEM .I don't make many of the same wallets.I'd better take care of my own safety.
asayoyaasa
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August 06, 2018, 03:02:57 PM
 #391

Split your coin is a good saving, like you are ready to back up them if any bad incident befall you are. Also if you can don't love one coin, just choose more coin that for your investment.

This is my main account. My alt account for bounty report in the future >> asa crypto info
onetwostep
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August 06, 2018, 03:36:20 PM
 #392

In fact it is very important to have more than one wallet. If your wallet gets hacked, your other wallets will stay intact. And you have not lost all your money. Reducing your risk is a very good option Smiley

Nikitavoz
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August 06, 2018, 03:47:46 PM
 #393

Personally, I think that one of the best wallets is MEW because it is multi-currency and many platforms are now created on the basis of the Ethereum. I have not tried any others because this one completely suits me.
ccsang
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August 06, 2018, 03:55:44 PM
 #394

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 agree with your experience. Multiple wallets are always better than just one wallet, which is very dangerous when we put them all in it. My safety is that every coin i put in each wallet.
your idea is good, but I won't use multiple wallets because I need to manage a lot of private key or seed, I'll forgot them and lost my coins forever, another reason is multiple wallet not really secure because sometimes your first wallet was hacked, then your other wallet also out of your control (create in same machines), hardware wallet is a best way to secure your assets
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August 07, 2018, 01:55:07 AM
 #395

conserving the price range in some wallets could be very important as a way to reduce the threat of loss, however the most crucial aspect we should do is save the private key inside the offline replica this is absolutely safe and in no way give it to others
dante golo
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August 07, 2018, 02:10:01 AM
 #396

I myself often make a lot of wallets to anticipate the occurrence of bad problems in the future because a little mistake can cause a token to disappear and make us tend to be discouraged when making an investment later.

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August 07, 2018, 02:12:17 AM
 #397

It is good to secure your coin in a reinforced security wallet. Best if you want to access it online, make sure that you use a hardware wallet, to ensure that there are zero probability of getting phished. Best also, to store your credentials in a storage box, not in online storage.

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August 08, 2018, 05:22:19 AM
 #398

I can not trust to multiple wallets because I am sure that something good could not be universal for everything, unlike cryptocurrencies, so think about it.

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August 08, 2018, 05:44:41 AM
 #399

This time, there are many wallet software supporting Muti coin! But in my opinion, choose the official wallet software from the developer to be always up to date and safe!
Pubudu Isha
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August 08, 2018, 05:52:23 AM
 #400

I think  keep money on several wallets, because I also consider it a safer way. It is very secure but you should not lost your private keys. If you want to security change your passwords and use 2FA etc. But The best option is a hardware wallet.
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