Bitcoin Forum
June 14, 2024, 07:47:23 AM *
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 4802 times)
crimsongoth
Member
**
Offline Offline

Activity: 588
Merit: 18


View Profile WWW
July 20, 2018, 08:43:00 PM
 #301

I think one of the most plausible things to do is to keep all the funds of cryptocurrencies in more than one wallet. Thus the risk is minimized.
Gorodcoin
Newbie
*
Offline Offline

Activity: 264
Merit: 0


View Profile
July 20, 2018, 08:48:24 PM
 #302

Its better to hold your coins on the origin wallets and always store seeds phrases etc on usb... Multiwallets is good idea , but nothing will happen to your wallet (main / multi or else) if you follow secure rules
BertoloyBTC
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
July 20, 2018, 08:57:33 PM
 #303

It is also a good idea ,especially if you have large amount of coins in your wallet, because there are also instances that ,his wallet was hacked ,it is better that not all coins are takens by the bandits , so it is your choice also ,if you adopt that kind of storage of your coins, just keep it safe and be careful in every move , because one mistake is all gone.
pekingcoepo
Full Member
***
Offline Offline

Activity: 448
Merit: 100



View Profile
July 20, 2018, 09:28:24 PM
 #304

Well though that way it will be more expensive but also be one of the best solutions to avoid the total loss of assets we have, for me to focus more on the devices we use so clean of the dangers than we share the wallet to store the assets we have.
echodike
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
July 20, 2018, 09:49:44 PM
 #305

I like your idea and that's exactly what i do, I have many wallet where I store my tokens just in case anything happens to one then I will have other places to rely on, it is a good security measures.
Tanya78
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
July 21, 2018, 06:32:37 PM
 #306

Yes, I keep my coins in several purses. I think this is one of the best options for storing coins. Therefore, I advise everyone to keep their coins so.
bitcoin.beda
Member
**
Offline Offline

Activity: 770
Merit: 11

quarkchain.io


View Profile
July 21, 2018, 06:37:56 PM
 #307

For i hold one wallet in each blockchain, so i have multiple wallets but because of different blockchain like wallet in NEO, ETH and NEM
It is better for me to have a single wallet for each of them as it is hard handling multiple wallet on one blockchain.
We must be careful on accessing our wallets. If you want to check them just use the explorer to limit your exposure.

quarkchain.io
pissuyakkuu
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 21, 2018, 07:57:43 PM
 #308

It's dependably a smart thought to part our benefits into numerous wallets, preferrable the one prescribed by the designer. Over that, we need to ensure that every wallet is scrambled utilizing appropriate secret key, with the goal that it adds extra security layer to our wallet. For an insurance, don't introduce program augmentation except if you are certain what the expansion is. By having safe practices of putting away our benefits, we are likewise helping the trust in cryptos, with the goal that a more extensive reception could be accomplished, and all crypto supporters may thrive together.
uszaty43
Hero Member
*****
Offline Offline

Activity: 849
Merit: 507


View Profile
July 21, 2018, 08:02:36 PM
 #309

Well almost all my funds are on my Trezor - Ledger wallet ( i have both ) and it is good for me to spread them on those wallets, and they will never be hacked by anyone.
Silberman
Legendary
*
Offline Offline

Activity: 2548
Merit: 1339


View Profile
July 21, 2018, 09:54:31 PM
 #310

You can do that but it is definitely easier to buy hardware wallet and let it take care of your security. It's a chore to have multiples wallet so i think it is better to be more careful regarding what you click and open on the internet. Always make sure you are on the right site before sending your crypto and you will be fine.
That sounds easy, it seems easy to just avoid being hacked until the day you are and regret not investing in a hardware wallet or at least to use a paper wallet, if you do not have experience securing your computer from viruses and threats over the Internet you will be better off by just buying a hardware wallet, not only that, it will save time and as we know time is money. 
zero714309
Member
**
Offline Offline

Activity: 749
Merit: 13


View Profile
July 22, 2018, 07:34:33 AM
 #311

I had the same thought with you from some time ago but yet I do because I often see people complain of loss of tokennya in mew a result of phishing,it is very worried because everyone must have been careless.The advice you give is very good for practice
Dark_raven007
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile WWW
July 22, 2018, 07:40:51 AM
 #312

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?


Since you've lost money to phishing I hope that you also learned to not use anymore 3rd party web services to hold your money.
I do split into multiple wallets, I also have more than one altcoin so if one goes bad I don't lose everything. I also keep offline all the wallets I don't need (I don't have to spend from them).

I do exactly as you described. I do not even have anything to add. This is the best way to save your money
Cryptokingind
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
July 22, 2018, 07:53:50 AM
 #313

I think hold your coins in hardware wallet is much better instead to split in multiple wallet. Because hardware wallet is more safer to safeguard your coins from hacking and phishing.
lghdt943
Newbie
*
Offline Offline

Activity: 132
Merit: 0


View Profile
July 22, 2018, 07:56:47 AM
 #314

Yes, my friend.
This is a very good practice. I used to put only one wallet and it was stolen. I am very uncomfortable, and now my approach is the same as you, in multiple wallets. Also keep your password.
mine2slow
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
July 23, 2018, 08:27:50 PM
 #315

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?


My problem is that I'm a bit lazy and don't do anything to protect myself against fraudsters cause I don't believe anybody would like to steal several dollars. But I try to protect my passwords and sites with the two-factor authentication and conduct all transaction in a clean browser. But everybody does this, I guess.
Melnikof
Member
**
Offline Offline

Activity: 336
Merit: 12


View Profile
July 23, 2018, 08:35:41 PM
 #316

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 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 like a big trader:)
BeeDrill
Newbie
*
Offline Offline

Activity: 89
Merit: 0


View Profile
July 23, 2018, 08:37:34 PM
 #317

I agree, it is better to divide the money into several purses, now it is increasingly heard that wallets are hacking, it is better to protect yourself by all possible means
acheampong64
Full Member
***
Offline Offline

Activity: 588
Merit: 100



View Profile
July 23, 2018, 08:42:49 PM
 #318

That one is definitely a good habit we must all learn. We must learn how to mange funds in different wallets so that we get saved when the unfortunate happens, and by the way, they say you should never keep all your eggs in one basket.
pelumi20
Member
**
Offline Offline

Activity: 712
Merit: 15

SmartFi - EARN, LEND & TRADE


View Profile
July 23, 2018, 09:52:32 PM
 #319

I think it is a good idea, because if one Wallet gets hack then you only lose what you have in that wallet and not all your investment. It is very risky to put all your eggs in one basket.
Also I would say you should mind the way fill or click on links online, some of them are just there to aid people to hack and scam you. Cross and double check everything before you click or proceed with the transaction

Spend.com
Copper Member
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
July 23, 2018, 09:55:58 PM
 #320

Best to do is always get a wallet that you can control, maintain, or reset. If not you are susceptible to loosing your funds. DYOR.
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!