HaddenChapman
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Activity: 175
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July 15, 2018, 03:23:05 PM |
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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  (and some other securities) What do you do to secure your coins / tokens? I usually use the MEW and TREZOR wallets. Because it's given me a reliable and it's secure my coins for the long term and you can use these wallets offline without harmless. |
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"Governments are good at cutting off the heads of a centrally
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kidflash
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July 15, 2018, 03:33:47 PM |
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I ignore emails from parties that are not clear. And then I will check the website if you want to transfer.
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Thefrolly
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CryptoTalk.Org - Get Paid for every Post!
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July 15, 2018, 06:20:24 PM |
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This is the best strategy to follow when securing your coins as even if one of your wallets gets hacked you will still be left with majority of your coins instead of losing them all. I also keep them on separate devices and laptops to make them even more secure from any hacking attempts.
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wayaneka
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July 17, 2018, 10:28:49 AM |
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I use my coin only to trade them to increasing the profit so i have to keep it on the exchange, and to minimize the risk i also used 4 different exchanges and divide that coin in to 25% in each exchange. By this way i can reduce the risk when keep coin on the exchanges. Put all money in to 1 place is very risky, so better never do it because keep it on 1 place make possible you will loss all of your money.
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HoundRogerson
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Activity: 226
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July 17, 2018, 10:40:43 AM |
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Yes, I agree with you that this is a very good division of your risks. So you will have much less chance of losing all your coins
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Hishad32
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July 18, 2018, 03:23:31 AM |
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The division of assets in lots of wallets is pretty proper however I think that applies handiest to the coin of excellent fee. if you do no longer want to alternate regularly then you may use tough wallets to defend your own home, that's the safest manner nowadays.
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Alpha0One1
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July 18, 2018, 03:56:50 AM |
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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 (and some other securities) What do you do to secure your coins / tokens? It's a good practice to distribute in several wallets. For better security, use a hardware wallet like Ledger or Trezor. Just keep minimal amount in MEW or exchange so you don't have to carry your hardware wallet all the time. |
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Jiwptw
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July 18, 2018, 04:07:57 AM |
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Good and good advice, I did the same thing . I don't keep my altcoins in one Wallet.
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harimurry
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July 18, 2018, 04:09:40 AM |
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It's always a good idea to split our assets into multiple wallets, preferrable the one recommended by the developer. On top of that, we have to make sure that each wallet is encrypted using proper password, so that it adds additional security layer to our wallet. For a precaution, don't install browser extension unless you are sure what the extension is. By having safe practices of storing our assets, we are also helping the trust in cryptos, so that a wider adoption could be achieved, and all crypto supporters may flourish together.
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Lopiyanwe
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July 18, 2018, 04:16:31 AM |
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All things considered venture choice is identified with hazard. Holding a coin in a few wallets is the best choice I think on the off chance that one of your wallets is hacked or lost your private key. in any case, I recommend on the off chance that you have more cash, at that point trezor or record nano S ought to be the best choice.
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lamtruong123434574218@gma
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Activity: 23
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July 18, 2018, 04:27:53 AM |
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I usually have 3 wallets and they are all secured with very good software. There is a lot of risk with just one purse. You will lose all your money if you lost your password and key
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Cremmsto
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July 18, 2018, 05:04:35 AM |
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The best option is a hardware wallet , but if you do not have it, then the best choice is a few wallet
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Amalker
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July 18, 2018, 05:09:16 AM |
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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 (and some other securities) What do you do to secure your coins / tokens? Yea, agree. I have a several wallets for diversification hack risky. Also there is a good choice to use Ledger/Trezor for security your tokens. |
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NeuroticFish
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Merit: 6388
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July 18, 2018, 05:11:14 AM |
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The best option is a hardware wallet , but if you do not have it, then the best choice is a few wallet
No. Hardware wallet is also not the safest wallet in the universe. There were bugs and exploits in the past. And to avoid that such issue leaves you without any Bitcoin, one good approach can be the use of some cold wallet (paper wallet) for the coins you don't need at hand. |
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xyzxyzxyz
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Activity: 280
Merit: 10
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July 18, 2018, 05:13:59 AM |
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The best option is a hardware wallet , but if you do not have it, then the best choice is a few wallet
All right. Very many inexperienced investors often come across in fishing and lose all the money. Therefore, you need to store your coins on many wallets. And you have to be extremely careful. |
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jazz1984
Jr. Member
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Activity: 392
Merit: 5
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July 18, 2018, 05:36:14 AM |
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The best option is a hardware wallet , but if you do not have it, then the best choice is a few wallet
I completely agree with you. For long-term storage, a hardware wallet is the most reliable tool, on exchanges or web services you need to keep such amounts, which you will not regret if lose them. |
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shiningstar
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Activity: 420
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Qravity is a decentralized content production
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July 18, 2018, 05:40:04 AM |
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If you only hold a few token then it can be done but if you have a lot of token then it will become a chore to do. It's better to just invest a little money in hardware wallet, you can get best security with hardware wallet and you don't have to worry anymore. It don't matter if you have a lot of wallet but you are not careful because you can still lose the token.
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wh0cares
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Activity: 25
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July 18, 2018, 05:43:36 AM |
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If you don't control your keys, your coins are at risk! For all of you newcomers to Bitcoin, I wanted to share my flow so you can understand how to protect your cryptocurrency. I personally use GDAX** ( https://www.gdax.com) as my exchange of choice, but I do not store many coins with them. I have a policy, that if my exchange wallet funds top $2000 USD, I transfer them to an offline hardware wallet. My hardware wallet of choice is the Ledger Nano S. For those of you that are considering a LNS, when setting it up, I urge you to test your seed prior to any major coin transfer. |
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Vangardo
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July 18, 2018, 05:48:22 AM |
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Many were caught in phishing. I have many friends so robbed. The only correct decision, be attentive.
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Runbitup
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July 18, 2018, 06:06:30 AM |
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you can keep your coins in one wallet but make sure that it is completely safe. but, yes it is better to keep coins in different places is a great way to lose a lot of coins when it comes to pishing. remember do not hold all the eggs in one basket, this adage works quite well in case of crypto currency. luckily we have a lot of variety for coin storage and each one of us chooses what suits her best.
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