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Author Topic: Hold your coins in multiple wallets  (Read 4802 times)
Matcuda
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October 12, 2018, 04:34:56 PM
 #761

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 also keep coins in different wallets, just can't afford to lose everything, if a wallet is hacked, the other coins to other wallets will remain, just less likely to lose everything at once.

mrngo9x92
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October 12, 2018, 04:45:32 PM
 #762

A sincere advice. Do not keep your coins in a purse. Break out and secure each wallet. Will help you feel safe  Grin
Kristina3456
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October 13, 2018, 02:46:17 PM
 #763

It is not necessary to keep all your coins in one wallet, especially on the one you specify in all projects. I use a separate wallet, or even several. You can not store eggs in one basket
Nastinmel
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October 15, 2018, 06:48:18 PM
 #764

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?


The most useful pieces of advice are simple, yours is one of them! It's useful but many people won't follow it unless they experience the same. As for me, I started to use several wallets some months ago. Most people in the forum use one.
seyola89
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October 15, 2018, 07:16:08 PM
 #765

Yeah that is what I do too. From the first day I join Cryptos, I create many wallets and divide my holdings in to parts and store them in all the wallets. It's a good security measure.
anisoptera
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October 16, 2018, 09:01:03 AM
 #766

If you store your coins in many wallets, you will get more chance to lose some part of your coins, because the chance of your mistake become bigger. I prefer to hold them in one cold wallet without connection to the network and there is no possibility to steal them.

paul15
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October 16, 2018, 09:13:28 AM
 #767

I hope the god commiserate to you.the wallet is storage that very urgent.
I recommend to always hold coin into multiple wallet,and best wallet is offline wallet, because offline wallet more secure from phising than online wallet.
hdtqisg
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October 16, 2018, 09:23:04 AM
 #768

Using wallet supports many altcoin will be easy to manage but less safe! For long-term and secure storage, Use wallet software provided by the official developer of altcoin
prehisto
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October 16, 2018, 09:25:37 AM
 #769

I have my coins in wallet and multiple exchanges, recently I had this situation where i realized that I have sold some tokens few months ago and left USDT in that exchange ( i do it often when i see a good exit point) ,  but i could not find remember the exchange and spent a good part of my day to find the right exchange with funds. The lesson is to write down all the exchanges and funds.

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FurDich
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October 16, 2018, 09:38:11 AM
 #770

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?

same too, I too do have multiple wallets for every coins. And I usually check them out everyday. its safer that way. in that way you can be confident about securing your coins from hackers and scammers
Prettymie
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October 16, 2018, 09:45:38 AM
 #771

There are plenty of ways in order to secure your wallet. First thing to always remember is to never give or input your private key anywhere.
Second, make sure to bookmark the site that you are using in order to login your wallet.

This will make sure to avoid phishing, though phishing is very old technique and still there are plenty of people who became a victim.
overnight03
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October 16, 2018, 10:10:37 AM
 #772

yes , hold coins in multiple wallets always is the best decision , we should not put all the eggs in a basket .Even if we invest in an ICO project or coin , we should not invest all our money in a project.

angelica laura
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October 16, 2018, 10:20:19 AM
 #773

I am now not focusing on just one wallet. I split into several wallets to store my coins. I also had a bad experience where my coins were stolen by people and I was very upset. Now I have to be careful with my coins by storing them safely.

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anth36jian
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October 16, 2018, 10:27:24 AM
 #774

I don't see something bad there, they are too suitable and password are not needed to be changed do often and their amount could be less than having of few wallets Grin
hydranetwork
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October 16, 2018, 10:28:44 AM
 #775

Multiple wallets would not save you from Phising but.. Maybe if you had some of the offline wallets stored in some remote locations.. Maybe you would think before going there and before getting scammed.
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October 16, 2018, 04:02:08 PM
 #776

Such wallets have a lot of pluses. They are suitable in using and resources are not wasted on this reason. I like them but there are minuses aswell like a security.

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Allenz
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October 16, 2018, 05:35:48 PM
 #777

That is a very good advice, as we all know that it is bad to keep our money in one place. The same story is with the cryptocurrency world, be careful.

nightfury
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October 17, 2018, 01:07:09 AM
 #778

It just makes sense holding your coins in multiple wallets if you have different platforms of your digital currencies. But the real thing about it is if you can really hold them while the market is on a steep fall down for a couple of months.

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keramzit
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October 31, 2018, 06:49:53 AM
 #779

I think you're right , the best option is to split your coins into multiple wallets . I have to example 4 wallet
Levious
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October 31, 2018, 07:01:24 AM
 #780

This is usually a very small probability event and you are very lucky. Haha. Just kidding, I don't think there is a lot of money. There is no need to put a wallet and you can put it directly on the exchange. You may be a wealthy person.

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