Bitcoin Forum
June 26, 2024, 06:50:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
Author Topic: Hold your coins in multiple wallets  (Read 4804 times)
princebridge7
Newbie
*
Offline Offline

Activity: 177
Merit: 0


View Profile
August 22, 2018, 12:37:08 PM
 #441

maybe you better save the token in the offline wallet.
after you trade then move all your coins to an offline wallet.

maybe it's the best way to secure your coin assets.
Planetkin
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
August 23, 2018, 12:58:10 PM
 #442

Some of us will not be helped by 1 000 different wallets ) we need to take security very seriously.
bitcoinposts
Member
**
Offline Offline

Activity: 448
Merit: 10


View Profile
August 23, 2018, 01:01:47 PM
 #443

Holding coins in multiple wallets is the best idea for future security for any hacking issues every now and then we hear about hacking so better to be safe
icecube45
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000


View Profile
August 25, 2018, 01:56:23 AM
 #444

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?

Holding a coin in some wallets is indeed the best choice to avoid the loss of all coins. This is intended if you lose coins in one of your wallets, you still have other coins that you store in other wallets. I also did that after choosing a safe wallet. The most important thing to secure coins in the wallet is always to keep the private key. Because if it's lost or known to someone else, your wallet can be accessed and you will lose your wallet.
Toing_Jr
Newbie
*
Offline Offline

Activity: 119
Merit: 0


View Profile
August 25, 2018, 02:19:24 AM
 #445

My suggestion is never use any exchange for holding your coins if you don't trade any coin then you can store that to cold wallet like trezor.
Well, I store all my funds in some mew wallets, their passwords are saved on two flash drives, which are stored in different secure places, under lock in the safes. Feel a bit more safer.
gharjas2517
Newbie
*
Offline Offline

Activity: 114
Merit: 0


View Profile
August 25, 2018, 02:21:37 AM
 #446

If you have a large number of bitcoins or altcoins, it's safest to choose to use a hardware offline wallet. I usually just use a dedicated computer to open my wallet without opening suspicious emails.
Aleth
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
August 25, 2018, 02:29:18 AM
 #447

That is a great idea to split your tokens to different wallets so that if in case one or two wallets are hacked there are still several wallets. Now this tread gave me idea. thanks a lot.
Gras
Jr. Member
*
Offline Offline

Activity: 238
Merit: 1


View Profile
August 25, 2018, 02:36:24 AM
 #448

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 keep coins in different wallets, too. Over time, these wallets are becoming more and more, but it is necessary to reduce the risks. I use the wallet MyEtherWallet. This is a fairly reliable wallet, but even with it you have to be very careful. In my opinion, the most reliable option today is cold wallets such as Trezor or Ledger.

https://www.INTEGRITY.one/
[    JOIN THE WHITELIST!    ]
The Blockchain Platform that Empowers Small Business & Entrepreneurs to WIN[/center
JovhanHermias
Newbie
*
Offline Offline

Activity: 266
Merit: 0


View Profile WWW
August 25, 2018, 02:38:50 AM
 #449

The advantage of holding coins in different wallet is when your 1 account is hacked or you lost the private key on it you have still your other account, but the disadvantage of it is when you sell it you need to pay more extra gas to transfer it in one wallet.
Satish147
Full Member
***
Offline Offline

Activity: 420
Merit: 100


Harmony for One and All


View Profile WWW
August 25, 2018, 02:57:09 AM
 #450

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?


This is the best suggestion for the people who hold tokens or coins in mobile wallets and who are not afford to buy hardware wallet. So if you lost one wallet then you may end up securing assets from your another wallet.

In my view please store huge value of assets in cold storage and move only when you want to liquidate. And don't use this wallet for Airdrop and bounty and other stuff.

Jaybitcoin2018
Newbie
*
Offline Offline

Activity: 147
Merit: 0


View Profile
August 25, 2018, 03:13:46 AM
 #451

Well, you better to keep your coins and token in a hardware wallet like Ledger Nano S is built around a secure chip, ensuring optimal security it supports over 30 cryptocurrencies, including Bitcoin, Ethereum and XRP. This is to keep away from phishing site and etc.
GIANGNGUYEN8313
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
August 25, 2018, 03:17:10 AM
 #452

To keep everything in one purse is a big mistake. Even if you lose on one, the rest will remain.
Reza1893
Jr. Member
*
Offline Offline

Activity: 120
Merit: 1


View Profile
August 25, 2018, 03:18:31 AM
 #453

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?


Begin to be careful, first check the site wallet. Do not give private key to anyone. To be more secure, buy wallet hardware. like Trezor, Ledger wallet or something like that. Without doing a split even your funds will be safe there.

C E N T I V E.ORG | Blockchain-based Incentive Network
                     | TokenSale: AUGUST 31st, 2018
daniel2023
Jr. Member
*
Offline Offline

Activity: 616
Merit: 2


View Profile
August 25, 2018, 03:35:08 AM
 #454

i think having multiple wallet is good in case of hacking or its like. I have multiple wallet. My mentor in crypto trading and bounty have over 40 wallets.
MOProgress
Full Member
***
Offline Offline

Activity: 868
Merit: 116


View Profile
August 25, 2018, 03:39:36 AM
 #455

This is a very good advice in as much as I am concern, I have loose my altcoin worth $10,000 this year and it is a huge lost to me as medium crypto investor. The only thing I want to add is that one should also not forget their private keys.
pamsugas
Sr. Member
****
Offline Offline

Activity: 1092
Merit: 255


View Profile
August 25, 2018, 03:44:40 AM
 #456

yes that's good advice, I also do like that don't put all tokens for 1 wallet because it's very dangerous if our wallet snaps hack
Raidal
Full Member
***
Offline Offline

Activity: 560
Merit: 100



View Profile WWW
August 25, 2018, 03:46:47 AM
 #457

Maybe it's one way to prevent hacking against all of our crypto currency coins. In my opinion it is an innovative way that is worth trying. I initially thought this too, it's just that I don't have the time to make several wallet accounts. It seems like it's a good idea to minimize the risk of hacking means that when one of our wallets is hacked then we still have another crypto currency coin in another wallet. This is also one strategy for us to be more careful with our wallet account.

|██████| | ██████SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE██████ |██████| |
| INVECH |
WHITEPAPER | ANN THREAD | FACEBOOK | TWITTER | TELEGRAM | MEDIUM | INVECH |
|██████| | ███████JOIN INVECH INITIAL EXCHANGE OFFERING NOW!████████ |██████| |
Vanessa87
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
August 25, 2018, 03:55:50 AM
 #458

I keep money on several wallets because I also consider it a safer way, it is even better to have a separate laptop for different money transfers, so that you can not hack through some application or extensions.
PINAGPALA
Full Member
***
Offline Offline

Activity: 317
Merit: 100



View Profile
August 25, 2018, 03:57:27 AM
 #459

Same as you i hold my coin in multiple wallets cause theres a lot of hackers now days put in your personal computer cause sometimes when someone download it has a melware and they will have access on your account
SuiMikira
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
August 25, 2018, 04:00:32 AM
 #460

I didn't lose any coins in my wallet yet but i still do like you, store my coins in multi wallets to make it safer. I hold coins in online wallet, offline wallet and exchange wallet.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!