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Author Topic: Hold your coins in multiple wallets  (Read 4802 times)
d2s4
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October 10, 2018, 08:47:57 AM
 #721

I hold my coins everywhere because I don't trust all of them. I prefer special wallets because they are more reliable and comfortable for holding than multiple wallets.

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October 10, 2018, 09:04:06 AM
 #722

Sure it's very good move to keep our token safe and i personally store my tokens in big exchange like binannce or polo because in my opinion big exchange is more safe than other wallet like MEW for example.
Storing your ERC-20 tokens on crypto-currencies exchanges are also very risky as the security of those big exchanges are still vulnerable to hacks, in my opinion, the most safest option for storing ERC-20 tokens would be a hardware wallet, as you are the only person who are in total control of the private key on that hardware wallet, it would be extremely hard for the hackers to steal your ERC-20 tokens away from you.

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rabinot
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October 10, 2018, 09:07:08 AM
 #723

All right, the author wrote. you need to learn to diversify your risks. It seems to me that you still need to put 2fa in your wallets because it will protect you at times from hacking

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Milka86
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October 10, 2018, 09:10:13 AM
 #724

This is very good advice to keep coins on some wallets and exchanges. And it is best to use cold wallets that you do not show in the work. This is a good way to protect your investment. And of course do not forget about saving your passwords and keys in a secluded place
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October 10, 2018, 12:59:41 PM
 #725

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, I can confirm the usefulness and importance of this advice. But I remind you - this is only one of the ways to reduce the risks to your savings. In fact, there are various factors to consider. Including - never click links that are suspicious.
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October 11, 2018, 11:44:13 AM
 #726

Holding is very hard to do because not all of us are patient and it is much harder to do if you have a multiple wallets so I don't like them at all, they kill my money.

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jaypete
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October 11, 2018, 04:09:53 PM
 #727

To protect against hackers, it is necessary to use multiple crypto money wallets. Thus, if you are attacked by hackers, even if you comply with security rules, your crypto money is not stolen. Also, do not store the private key on your computer.
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October 11, 2018, 04:14:40 PM
 #728

Perhaps you are right and correct to keep all your coins in one purse, and in several!
rahul7timt
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October 11, 2018, 04:34:00 PM
 #729

multiple wallet is good option but the better option is you secure the same in hardware wallets. i always prefer to keep my coins in hardware wallet if i have to hold these coins for long term. also if you are doing trading than always enable 2fa of your account.
Karina 3340
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October 11, 2018, 04:38:13 PM
 #730

Yes, it is true. I also think that in the presence of a few coins. Better to keep more than one wallet. At a minimum, it will protect you and your cryptocurrency. From various kinds of scammers and hackers.
Daydream 61
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October 11, 2018, 04:41:58 PM
 #731

yes of course. i have 5 x myetherwallet and exodus. and then another BTC extra wallet. And for big buzz I still have some paperwallets. Paperwallets are very safe. And I also use a Ledger Nano S . I think my coins are almost safe
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October 11, 2018, 04:51:03 PM
 #732

The solution to phishing is to have a dedicated computer completely offline to keep your coin. I have done this many times and the result has been awesome. I have two location for wallet and both two locations are offline.

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October 11, 2018, 04:52:37 PM
 #733

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 would just advise being careful when navigating links from email and from telegram/Twitter/btt. You will lose money, even if they are on different wallets - it will not save you i think. I try to keep on separate wallets those tokens that I consider promising. This is a long-term investment.

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Dima95
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October 11, 2018, 04:56:21 PM
 #734

I think this suites for those who hold enormous deposits. As for me iw will be just expensive and not very usefull

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October 11, 2018, 04:57:37 PM
 #735

I thinks this is how the things should be. Security is everything in crypto. However, it will not secure us from robbery

Masha Me1
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October 11, 2018, 05:02:01 PM
 #736

I always thought the more wallets. The more chances you have to be safe. After all, whatever the good wallet. The percentage of doubts that it is hacked to eat. And it should not be forgotten.
kyle999
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October 12, 2018, 02:46:07 PM
 #737

But if you forget your password in other wallets you will lost it and It's better to use one wallet and never share your information wallet to avoid hack.
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October 12, 2018, 02:47:35 PM
 #738

Perhaps you are right and correct to keep all your coins in one purse, and in several!
Having multiple wallets gives the holder a more organized portfolio that he or she can trade with.
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October 12, 2018, 02:52:37 PM
 #739

For me i think 1 wallet is enough it is just depend on you. Dont go to the suspecious website go to the trusted website and already known. But multiple wallet is also a good way to avoid all profit gone.
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October 12, 2018, 02:54:52 PM
 #740

It's very safe to have your coins stored in different places. I never store all my coins in the same private wallet or exchange wallet so there's no way I am going to be taken out by one single hack or scam.
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