Hold your coins in multiple wallets

[hakertajniak]

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?

Yes this method will worked if you have many coins in your possession.
Having several wallets is important because we dont know that if we facing some unluck event in the future.
Putting many eggs in some basket will be less risk than in a single basket.

[EvgeniyLEV]

Hello! Yes, storing altcoins on several wallets is the safest thing. But you also need to adhere to all the security rules for entering the wallet. The most important thing is to check the reliability of the purse site. And store the keys in a safe place.

[zlt220]

If there's a very high security i don't think there's any need for using multiple wallets. If you're using Ethereum wallet, download IMtoken and secure your private key, you're good to go, or you should use hardware wallet.

[vbkfirf28.02]

This wallets are not the safest thing. Just think, would you Rob a Bank where there are only diamonds, or where there are all the jewels of the world?

[KrakenZ]

Saving money in various wallet accounts is one of the best risk management efforts. You want to have lots of crypto currency coins in various wallets so that when one of your wallets becomes a victim of hackers then you still have other wallets. Therefore you do not immediately experience profound losses. But if you decide to have a lot of wallets then you must have high accuracy in applying each security procedure to each of your wallets and not forgetting each password for each wallet account.

[alister.kain]

Multiple ones are very nice but their level of security and wide speciality are not seem to be very reliable to use them, it is my opinion only. I prefer more suitable wallets that have only one of even few coins for the work and nothing more that can be the reason of problems.

[fing ter]

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. Rremember do not hold all the eggs in one basket, this adage works quite well in case of crypto currency.

[obility]

This is so true, it's not a good idea to put all your eggs in one basket,because if by mistake something happens to the basket, all your eggs is broken and gone, So leaving all your coins in a single wallet is a risk, split it into different wallets.

[KseniaLard]

I need to divide all my coin into 5 different purses. A purse for a long coin, a purse for monetary bounty, a coin for a monetary demon, a purse for a potential coin, a purse for a new coin.

[ovbokhan]

Ideally, one should have a set of wallets for different purposes and across various wallet types, not just a single types so that you are at less risk should one type get some problems such as bug discovery or hacks

[kyra0018]

This is the most important thing to do as a bounty hunter. It should store in a multiple wallet in order to be safe and to avoid hackers abd scammers.

[heartwreck]

Holding coins in different wallets would be one of the options i had to prevent it from hackers.

[masterchief001]

I also think you should keep your different coins in multiple wallets to facilitate the preservation and protection of your property. When you sell coins, the transfer of money through the wallet is easy and convenient.

[Maamejane]

Keeping your coin in one wallet is very risky and you stand the chance of loosing all your coin when is hacked. In order for you to prevent such things from happening, multiple wallets will be needed to safeguard some of your coins if not all.

[Congyang]

multiple wallet is now the best way to avoid hackers, now the wallet is targeting the wallet as one to take. but we need to be aware of this and multiple wallets are the best way to keep our assets safe

[Cianix]

Well, this applies probably for a very long time , never keep your eggs in one basket , right thing to rasschityvat coins to different exchanges and wallets!

[xidireti382]

I agree that we should not keep all your coins in one wallet, and should have a few purses that would reduce the risk of losing their coins if the wallet hacked

[mohammedmattar]

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 do that already
I have more than one wallet to distribute
And I try to balance them to be equal in value.

[Lima0396]

This is a great idea, I salute the poster of this because what he or she just posted here will save lots of soul from heartbreak. I think he or she suggests this because most hackers attacks most wallet nowadays but if you keep your coins in multiple wallet it will save him or her from theft. Even though you lost some coins in some wallet the other will be safe.

[maronalex2]

Multiple wallets are very suitable in using  and I like them so much, it is easy to put few altcoins for the one wallet and to be calm that they are in the one place. But the possible theft of everything will not be so nice I consider.