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Author Topic: Hold your coins in multiple wallets  (Read 4802 times)
feelingfroggy
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August 25, 2018, 04:04:15 AM
 #461

I have just spend time going from 1 wallet to 10 wallets.  What a PIA that was.  took a few days and a shit ton of transactions.  Thank god the network was good and I could get away with 4 on the gas.

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August 25, 2018, 04:26:32 AM
 #462

Yes maybe it is a good way to secure assets of crime. because now many criminals who break our wallet containing the assets of crypto. We should save our assets in some wallet as an anticipation of the crimes.
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August 25, 2018, 04:29:26 AM
 #463

I think holding coins in multiple wallets is not a good idea, instead of this we can use Hardware wallets these are secure there is no chance of hacking, so instead using multiple accounts you can use hardware wallet.
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August 25, 2018, 04:36:08 AM
 #464

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?

wow now i know how to make multiple wallet!! ahh to prevent by losing money investment and  i think thats was so amaze this multiple wallet!! thank you for this help now i know to preven my coin for the hackers!! and  HOLD it carefuly!! this thread has a big help to this communtiy!!
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August 25, 2018, 04:39:46 AM
 #465

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?
That's a right thing to do, I prefer to keep my ERC-20 tokens on MEW because it's rather reliable and fast way to access the funds and transfer them to any exchange at any time.  You just need to follow the basic rules of security, if you don't want to get phished.

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August 25, 2018, 04:44:18 AM
 #466

Nice suggestion, you are right, i would do that. Making more than one wallets for my safety. It is good to split coins in different wallets for coins to be secure.
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August 25, 2018, 04:49:28 AM
 #467

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?
That's a right thing to do, I prefer to keep my ERC-20 tokens on MEW because it's rather reliable and fast way to access the funds and transfer them to any exchange at any time.  You just need to follow the basic rules of security, if you don't want to get phished.
Basic security is not effective if you are holding such a big amount of money especially considering the fact that MEW have experienced few hackings. Although we can still justify to use MEW as long as we have a better security than the basic ones. You see hardware wallet out there that supports MEW, it's really improving the security to a whole new level so just use that, alternatively there's few desktop wallet that's built in with 2-fa which I strongly recommend if you dont want to spend any money for "security".

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August 25, 2018, 05:50:36 AM
 #468

It's depends on you. I normally do it . But with only 2 or 3 wallets and some exchange wallets. I have problem if I have to maintain 10-12 wallets . Sometimes I forgot. Normally if you use myetherwallet you don't need anything cause 90% of the altcoin market is based on eth based token. Same as if you use neon for Neo based token Lobster for stroller based and nano wallet for xem that's it. They are all official or trusted wallets. So I use these wallets security are good for them and if you have a big portfolio then sell some and buy one nano ledger s wallet. And don't open any link and don't open wallets all the time use etherscan or something.

 
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masterrex
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August 25, 2018, 06:01:29 AM
 #469

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's better than stored it on single wallet in case of some security concern will arise your funds will not compromise all as usual thing happen in everyone. but in some points if you are holding a big amount of Crypto-currency i recommend you to used a hardware wallet instead for more secure digital asset storage.
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August 25, 2018, 06:08:35 AM
 #470

An awful lot of people who are not good and they do hacking to get the money. Of course, it's way very detrimental to many people. And it might be a very good solution with some coins in my wallet storing. And you should be able to keep up with both the private key.
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August 25, 2018, 06:21:08 AM
 #471

I do following ways to avoid hackers:
1. Protect my computer and dont install fake software
2. I use Mew and dont choose private key to login
3. Store my long-term bag in Ledger Wallet


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August 25, 2018, 06:25:34 AM
 #472

Yes, you should hold your coin in multiple wallets because if one wallet will hack, your others will remain safe.

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August 25, 2018, 08:06:30 AM
 #473

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.
Your advice is nice. Using so many wallets a best technique to avoid risk in getting lost in just one wallet. To make more safer you can also use hardware wallets such as trezor, ledger and many more to make a block of those who want to steal your wallet accounts. The most safest wallet is the hardware wallets as of now so must used this one.
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August 25, 2018, 08:10:54 AM
 #474

I never put my coins / tokens on exchanges and pvt.keys of my wallet are stored in separate external storage device. I always open verified links to websites, online wallets etc. It takes some extra time to do so but it's better to secure your portfolio.

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August 25, 2018, 08:16:06 AM
 #475

Yes it is a good idea to split your coins between several wallets so that you don't lose too much, I also use a very strong and secure password over 20 characters in length which makes brute-forcing practically impossible. For added security under MyEtherWallet you can also use Metamask or set up an offline version of MEW and only connect to the internet to complete the send tx.

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August 25, 2018, 08:17:30 AM
 #476

It's a good habit, and you can also buy a hardware wallet, which is more secure. You can get the best security with your hardware wallet, and you don't have to worry about it anymore.
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August 25, 2018, 08:33:21 AM
 #477

It not a good thing to spread once coin in multiple wallet do you know you can lost coin with that or mixed up may occur
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August 25, 2018, 08:36:33 AM
 #478

It not a good thing to spread once coin in multiple wallet do you know you can lost coin with that or mixed up may occur
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
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August 25, 2018, 08:42:48 AM
 #479

This is a very good advice to everyone in the crypto environment because the activities of hackers can leave you very stranded if all your coins are in a single wallet. The day they will manage to get hold of that wallet will leave you very miserable. So the best thing to do is to divide all your money into multiple wallets so that if the unfortunate happens to any wallet, you will not be so much affected.
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August 25, 2018, 09:07:17 AM
 #480

maybe for the next ... pay more attention to links and other details so as not to be exposed to phishing,
great idea to split your investment funds into multiple wallets,
but if there are more funds, I prefer to buy hard wallet ...
in addition to looking exclusive, I feel the security is very guaranteed.
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