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Author Topic: Hold your coins in multiple wallets  (Read 4802 times)
ginobitcoiner
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May 19, 2018, 04:27:11 PM
 #21

wallets from third parties are always frightening and I think very vulnerable to phishing. I only use the official wallet of the coin itself and if want to hold for long term, I always use the hardware wallet.

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May 19, 2018, 04:30:26 PM
 #22

Holding coins in few wallets is basic principle especially when you have a lot of coins. This is first rule to safe your money, different option is holding all keys and passwords on paper in your house, no in cloud or on another virtual disk because then nobody will not steal it
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May 19, 2018, 04:31:56 PM
 #23

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?

Everything is experience in the life because I am also lost my wallet in three years back. But now I am always use hardware wallet so multiple wallet is not mandatory. Most hackers are randomly choose the account then trying to hack the account. This problems are already resolved in all the wallet I think you only wrong paste your private keys or password.

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climaxcrypto
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May 19, 2018, 04:38:38 PM
 #24

never go for 3rd party web services man. from my experience, most of the 3rd party things are not reliable, go for the genuine things
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May 19, 2018, 04:40:15 PM
 #25

I haven't really tried using hardware wallets but with MEW, there's Gas fee (is this the right term?) needed for every transactions. I'm also not sure if this' other peoples problem as well but, If you're a beginner like me you'd probably have no coins at all. Therefore having more wallet would cause you trouble. But then again, lose your wallet, you'll lose all your coins. So....

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May 19, 2018, 04:45:54 PM
 #26

LOL, just bookmark the right website and you will never login into those phising site. Or save password on important site and place 2FA, then they can't login even they have yours password.
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May 19, 2018, 05:18:14 PM
 #27

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 you have to use the wallet, I recommend you to use these wallets (MEW, kucoin & MYetherwallet ) because most people already to use these wallet cux It's given us a reliable and it's saved the private key, token & coins for to the scheme and it has a powerful security & the platforms.
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May 19, 2018, 05:23:29 PM
 #28

Holding coin in multiple wallet is the best decision I think because of this coins remains secure in you lost of forget then another you can use
deepcryptomine
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May 19, 2018, 05:49:05 PM
 #29

Yes I agree. Even though I keep my ethereum on MEW on multiple different wallets it is still MEW I am using. So trying to change that as well. I don't have a big investment so buying hardware wallet still doesn't make sense to me.
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May 19, 2018, 05:59:12 PM
 #30

I agree that by holding coins in different wallet address help to reduce the risk when one wallet get hacked.

I secure my coins by using hardware wallets. I have 3 hardware wallets and I spilt my coins among the 3 hardware wallets just in case anything go wrong.
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May 19, 2018, 06:08:02 PM
 #31

LOL, just bookmark the right website and you will never login into those phising site. Or save password on important site and place 2FA, then they can't login even they have yours password.

Bookmark would be fine but is that enough to have the multiple wallets together in the same browser. You may indirectly find the direct wallet if you have open the same wallet with the different sign ups, that time you may find this as a issue mate.

Please align single disk on your pc and save the private key files on online cloud storage.
Then you may have less chance to loose the fund and to avoid the incorrect access to your concern wallet.
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May 19, 2018, 06:19:27 PM
 #32

By this principle, one must do with all investments at all. Not only with coins. However, this is very inconvenient. Although safety never goes along with convenience.
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May 20, 2018, 08:10:29 AM
 #33

I have to devide my whole coin into 5 different wallets. Wallet for long-term coin, wallet for coin bounty, wallet for coin airdrop, wallet for potential coin, wallet for new coin.
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May 20, 2018, 08:20:34 AM
 #34

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?

Phishing is one of the most used method of hacking nowadays due to a lot of newcomers are putting their investments into wallets most especially the online wallets. Their targets are the newcomers and those who are careless that don't even check URL's when surfing the web. I also own some Altcoins but had never experienced something like getting hacked and lost funds breached by hackers. I highly suggest evryone to have situational awareness because lossing small or big amount of funds can be avoided and prevented if we are vigilant enough to counter those possible attacks.



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nawosecad68
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May 20, 2018, 08:30:45 AM
 #35

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?

A good step to securing a coin in some purses, this might be a good and useful recommendation for many people. Learning from experience is the best, so mistakes in the past do not recur. The fraudulent websites become one that causes the harm we need to avoid. There are some people also recommend security by using metamask, whether it guarantees security or not, I also just try it.
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May 20, 2018, 08:34:59 AM
 #36

If you believe in Cryptocurrency and plan to holding it for a long time, you can safely store it by taking a Ledger Nano.
SomeJasonGuy
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May 20, 2018, 08:36:38 AM
 #37

it's always better to hold in multiple wallets. Sometimes this can't be avoided if you're holding different types of coins, which is a good thing. Just be sure to keep a log of all your keys - this can be a frustrating process so a hardware wallet would be recommended.
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May 20, 2018, 09:16:23 AM
 #38

I keep my coins in different wallets to keep my money safe. Without this I always keep all my wallets offline to keep it safe. Moreover I don’t trust any third party web services to hold my coins.
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May 20, 2018, 09:20:36 AM
 #39

I think for me one wallet. Because multiple wallet can cause multiple thinking on where did you put your coin or did he have enough gas for sending. As long you just careful in sending or keeping your private key. It will not lost...
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May 20, 2018, 09:29:16 AM
 #40

I've got a few, store the majority offline anyway.
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