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Author Topic: Hold your coins in multiple wallets  (Read 4801 times)
HongKong
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November 04, 2018, 07:05:03 PM
 #821

To keep all the coins in one wallet is a certain risk. One wrong move and all the work, effort and all the time spent, just disappear. The only right decision is to keep coins in different wallets.
It would be pretty ignorant to put more than 10+ coins into a wallet because anything could happen to it.

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InGODweTrast3
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November 04, 2018, 07:11:12 PM
 #822

I also recently lost my coins due to the breaking of Hola, so I decided to buy TREZOR, it’s a pity that I didn’t do it before...
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November 04, 2018, 07:13:06 PM
 #823

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?

hacking is an enemy to asset owners. now there are a lot of asset loss events caused by phishing. so I suggest to keep storing in hardware wallets like nano ledger or trezzor that will protect our assets from phishing and hacking.

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November 04, 2018, 07:20:28 PM
 #824

I lost expensive coins and ETH for few thousands dollars, because of plugin HOLA, after I bought ledger it more safe
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November 04, 2018, 07:34:08 PM
 #825

Yes that is true. Investors should use different wallets while holding.I am using imtoken. You know imtoken have some password feature also. I feel safe while using imtoken. I hope they will continue like that but multiple wallets always better than one. We need to divide risk.

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November 04, 2018, 07:54:17 PM
 #826

That's a very good advise..  Phishing can make you loose all you've worked for and invested its good to scatter all your fund. And one site is going around now that look like myetherwallet.com just be careful.

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November 04, 2018, 07:59:27 PM
 #827

This is temporary solution as you will loose your funds whether is complete or some funds. Also it is not easy to maintain all your wallets. Better is to use hardware wallet and you are risk free and not worried about your funds.
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November 04, 2018, 08:02:51 PM
 #828

This is a very good advise because if you keep your coins like this you can lose in some and win in others

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November 04, 2018, 08:22:21 PM
 #829

No, I keep everything in one wallet and I hope that I do it right and I am not in danger, several wallets are not very convenient and also have the opportunity to lose everything
Michail.
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November 04, 2018, 08:44:35 PM
 #830

I keep the coins in several wallets, for protection I use the metamask application,  everything suits me. If the profits increase, I will get a hardware wallet, I think it will be more reliable.

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November 04, 2018, 08:59:30 PM
 #831

Yeah my coins are very spread out among multiple wallets and exchanges. I've had one wallet compromised for about $300... but I was using a private key to log in so somehow it got stolen.

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November 04, 2018, 09:14:03 PM
 #832

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?


This is actually a nice input that I think its reasonable enough to be considered. However, above this, it's important to watch carefully our involvement of wallets in any airdrops, project or activities that can open the door widely to phishing, hacking ..etc.

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November 05, 2018, 12:27:38 PM
 #833

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?


Check HODLER wallet. It is an open source multi wallet that can hold coins such as BTC, BCH, LTC, DASH and ERC20 token. Since it is an open source wallet, yiu have the full control over your fund, you don't need any third trusted party which lessen tge vulnerability of your fund. It also has HODLER Secure  backup that keep your private key safe from any harmful malware trying to steal what you store. Most wallet and exchanges are not having an open source technology, they still reky on third party which do not assure you security. Dont jUST try, verify. You can see more of its feature here: https://hodler.tech/?lang=en
laredo7mm
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November 05, 2018, 12:29:40 PM
 #834

It is also actually a good step to be able to divide our assets into several wallets from existing hackers. because now there are many cases of people stealing their assets. Of course, we must avoid it by doing a lot of solutions such as dividing into several wallets
kramchers
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November 05, 2018, 12:31:06 PM
 #835

Quote
What do you do to secure your coins / tokens?

I use different wallets on bounties and other transaction in cryptocurrency.

Like in ERC-20 wallet i do have many wallets for that.

wallets for:

AIRDROP
BOUNTY
ICO
ETHEREUM
LONG TERM HOLDING

It is better to place your tokens on different wallet.
And make sure that you will never share you private keys to anyone.
Also make sure that you hide them properly in different folders!
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November 05, 2018, 12:35:01 PM
 #836

It is also actually a good step to be able to divide our assets into several wallets from existing hackers. because now there are many cases of people stealing their assets. Of course, we must avoid it by doing a lot of solutions such as dividing into several wallets
To be honest, I just realized this, I never thought about it. what I do is always be careful when using my wallet and device.
I will apply this method to secure my assets.
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November 05, 2018, 01:00:53 PM
 #837

Yes,it is a very good advise to keep your crypto in different wallets,I am holding my bitcoins and etherium in hardware cold-storage wallet Ledger Nano S and I am also using MyEtherWallet for my bounty reward tokens ,so far I haven't had any  issues with security and all my funds are feeling safe ))
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November 05, 2018, 03:42:06 PM
 #838

It is the best way to reduce the chance of getting hacked or scammed. Never put everything in one pocket. The more wallets, the less are the risks. So open up 4-5 MEW wallets and be safe. And never provide any info about your wallet.

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November 06, 2018, 07:35:17 AM
 #839

My way of holding would not become popular, because I invest mostly ICOs and nobody wants to steal ICOs' tokens, because they have no value. But I keep them in cold storages.
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November 06, 2018, 08:12:15 AM
 #840

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?


Such strategy may damage the mobility of your tokens. When coin is dropping down, you may want to sell it as fast as possible and multiple wallets are an obstacle.
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