Hold your coins in multiple wallets

[Lengcengteng]

I use Ledger for long-term coins and I keep it offline for 99,9% of time. Also I have several wallets for ETH and NOE where I have enough funds for ongoing ICOs. And small amount of money I keep on some of exchanges for trading. This way I minimise the possible risk.

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[micle222]

First, it may be very sad to hear this because you have lost money.

Maybe my advice is better saved in Offline wallet, like Trezor, Nano Ledger and KeepKey.
Because offline wallet is rarely hacked.

[sexcoyote]

you should use ledger wallet type cold wallets for your security. your way is a secure way yes but not hundred percent.

[olsyd]

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?

Agree with advice, there is should be a strategy for cryptocurrency keeping, I would expand the advice - do not keep big amounts of crypto on one wallet, spread even one coin type asset on several wallets

[Dblue]

Is this really a wise idea? Is it the best thing to do? What is the rationale behind it? I personally do not think it is worth it though. I think that you are safe even if you keep your investments in a single wallet, as long as you keep your account details safe, and not share it with anyone, or just anybody.

[KodyAaron]

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 have already to use the MEW wallet. These wallet give me a reliable and it's saved at coins & tokens in these past few years. So I recommend you to have to look at this wallet.

[londawzen]

Of course, I always keep my coins in different wallets. Or you buy a hardware wallet directly, the money you don't use will be completely safe. 

[PhoenixSuns]

Because you are not careful and do not check carefully. So you dropped your coin into the wrong hands. That is a lesson, people need to be careful in every case. It's my money, I have to try to keep it safe

[Razick]

There is no better thing to do, we always have to be aware that there are hackers out there trying to take our coins which is why it is best to limit the risk of losing all of your coins at once by putting all of the coins in different wallets. Personally I do not use one wallet that supports all of my coins, I store all of the coins in different wallets because if one gets compromised then i have another to fall back on

[iwah]

Yes you are right, it is good to have different wallets to hold your coins and not to put them all in a single wallet, also it is good not to store all your private keys in one location, because even if you have many wallet and store their private keys in the same place, if a hacker gets access to it, they will made away with all your coins in different wallet, so as you have different wallets, store their private keys differently

[MontagueEugene]

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 think you to have check these wallets:-

MEW, Ledger & NANO

These wallets give me a reliable for the long term and it's had a very big community.

[Absolutep]

I guess it will be a bad idea on the part of anyone to save all is asset in one wallet.Wisdom demand that it should be spread across different wallet that we own,by that we can minimize the risk of loosing our wallet to hackers.

[dodgecharger]

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 purchased a hardware wallet to store my cryptocurrency while distributing several wallets to store valuable cryptocurrencies.

[Ruby_Official]

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?

How bout investing to exchange which is using cold wallet for users.
Ruby-X investors can select the rate of cold wallet they want to use 70% to 100%.
Check the medium article for details thanks

[Mianae]

I think using a more secure wallet without private key is better. With private keys, one can always get phished but a more secure wallet that seeks for prompt before transaction is better.

[Adebits]

Am very sorry for your loss and am grateful for your piece of advice. Actually this is what I have been doing since I get involved in this industry, losing multiple wallet reduce the risk of losing all your portfolio to phising scams and also the possibility of losing or your details.

[Nesbee2]

I think this is a good idea,  just incase one wallet is compromise, you won't lose all your coins.  But  you have to be sure the passwords and private keys are saved.

[ligerti]

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 agree with this statement. After all, working with multiple wallets can significantly reduce the possible risks, increase security for their savings. I have already begun to work this way since this year; I can confidently talk about the benefits of such a decision.

[d3nz]

I do hold all of my coins in a different wallet, If it in case my PC got destroyed then i have a backup and re-import it again on different computer.

For me, it is very important to always create a backup so you're sure that you will not lose everything you earned.

[Tejas05]

You can use Hardware wallet, offline wallet or bookmark the genuine wallet address and use that to access it. Do not open the wallet all the time, use Etherscan to check balances etc.

As you mentioned correctly having multiple wallets, too is a great idea.