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Author Topic: Hold your coins in multiple wallets  (Read 4802 times)
Rtalk
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July 29, 2018, 03:11:52 PM
 #341

In order not to lose-it is important to spread out the coins in several wallets.A small amount can be left on the stock exchange if you are trading.
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July 30, 2018, 07:07:36 AM
 #342

Actually I don’t suggest that because if you have lots of wallet you money cannot be organized, it will make you life more complicated and there are times you can easily forget those wallets in future.
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July 30, 2018, 07:53:27 AM
 #343

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 it is enough to store your coin in several wallet because you don't know if something happened to your wallet.
In case it been hacked, you still have another wallet. It is like, dont put all of eggs in a single basket.
better to prevent it than cure it.

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Why_I_not
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July 30, 2018, 10:43:37 AM
 #344

In fact, this is a good strategy. I do the same. Because there are a lot of scammers on the Internet.
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July 31, 2018, 09:29:43 PM
 #345

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.
If you use multiple wallets but if all of them use the same password and are in the same computer then you are not improving your security at all, it is way better to build a system that is as resistant against attackers as possible, for example a basic mistake is to connect to a WiFi, even if you connect to your home network a WiFi connection is very insecure and should never be used when you are using your wallet.



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MasterCATZ
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July 31, 2018, 09:35:35 PM
 #346

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.
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July 31, 2018, 09:45:45 PM
 #347

On the off chance that you don't have an equipment wallet, it is best to keep coins on a few wallets, so more outlandish that you will be hacked and taken away all the cash, yet it is smarter to utilize an equipment wallet on the off chance that you ahve enough reserve of coins
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August 01, 2018, 05:25:03 AM
 #348

Holding tokens in multiple wallets is one of the best ways you can ensure you will not loose everything if you are scammed. If you loose a wallet, you still have others so you have a smaller amount of lost tokens instead of all.
Yes, it is good to have multiple wallets right now because there's a lot of hackers attacking into your wallet and they are about to timing you, so to avoid this issue it is much better to have more wallet in order to transfer all rewards in a safe way.

I think it's back to the person, if you know and always be careful your will not get hacked. I only have 2 wallets, electrum for my bitcoin and myetherwallet for my altcoins and I never had a problem and hackers never hack my wallet. Having multiple wallet is a good idea though, to prevent hacker hack all you tokens in 1 wallet.
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August 01, 2018, 05:34:05 AM
 #349

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?


Storing it in hardware wallets. It's the safest method to secure coins/token. I don't think any hacker can steal a coin from a hardware wallet. In addition, the hardware wallet is quite cheap (more than $ 100). It is a worthwhile investment for your coin safety.


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August 01, 2018, 05:46:48 AM
 #350

me, too, seems that if keep coin in different purses, 2-3-4 pieces the risks will be much less than keep in one
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August 01, 2018, 05:48:32 AM
 #351

Holding funds in multiple wallets is a smart move. but the best thing is keeping our funds in a hardware wallet. So no one can access to it and funds are 100% secure
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August 01, 2018, 12:53:16 PM
 #352

It's hard to trust the world of cryptography. It's easy to be frustrated. Do not send money to any purse you do not trust. Keeping it in more than one wall should be mindful, it will make sense to protect your money. Do not share your passwords with anyone.
ocid
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August 03, 2018, 04:23:47 PM
 #353

holding the funds in some wallets is very necessary in order to minimize the risk of loss, but the most important thing we have to do is store the private key in the offline copy that is completely safe and never give it to others
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August 03, 2018, 04:29:32 PM
 #354

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?

Mostly I use the hardware wallets. I'm talking about these wallets (XRP, XLM, EOS). Because it's given us a freedom and it is a very seure the coins for the long term without handles.
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August 03, 2018, 07:40:51 PM
 #355

this is a good solution and reduces the risk of losing all your coins, if the wallet is hacked then only part of the coins will be lost.
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August 05, 2018, 05:55:47 PM
 #356

To keep everything in one purse is a big mistake. Even if you lose on one, the rest will remain.
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August 05, 2018, 08:18:39 PM
 #357

Uncontested, keep funds in one place, increases the risk of losing everything in case of hacking. But the probability of hacking depends only on you and the number of wallets will not reduce the risk of hacking. Take care of your means, do not neglect safety.
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August 05, 2018, 08:29:03 PM
 #358

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 thinl that is a great idea. But then again next time you need to be careful signing in or opening links and websites sometimes they could be a phishing link. But having more than one wallet to split your coins is a good idea to avoid losing all your coins through hackers.

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August 06, 2018, 02:52:10 AM
 #359

In fact, I think this is the way most people will choose to avoid further losses. After all, putting money in a purse is the same as putting it on a bank card. Only in this way can the risk be dispersed.
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August 06, 2018, 03:02:27 AM
 #360

i keep them in my hardware wallet, they are safe there
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