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Author Topic: Wallet safety?  (Read 1733 times)
bob123
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October 19, 2018, 03:40:54 PM
 #21

Well, this depends on how safe/secure you want your system to be.

The maximum amount of money you are ready to store on your computer (which is connected to the internet) fully depends on your own preference.

Usually, you shouldn't store more than a few hundred $ worth of cryptos on your desktop pc. It doesn't matter whether they are hold in 1 or 5 wallets.
If an attacker can compromise your system, he will gain access to all of your wallets on this PC (not necessarily instantly, but definitely slowly over time).

Note, that a shady wallet can be malware itself. Only trust recommended, open-source and verified wallets.


If the amount of money you hold can absorb the cost of a hardware wallet, get one. It will save you a lot of money in the long run.
Without being too techy and security-minded, the chances are high you will get infected with malware sooner or later.
The only chance to circumvent this is to either store your coins offline (paper wallet, offline-/online- setup) or inside of a hardware wallet.

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October 19, 2018, 03:54:13 PM
 #22

Is it safe to manage multiple bitcoin wallets from one pc?

actually that is not a threat. safe or not. the most important thing is that your pc is healthy and avoid various viruses and phishing. yes that is what you should be aware of in order to avoid loss and hacking.

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October 19, 2018, 03:55:46 PM
 #23

even if you store dozens of wallets in 1 pc, it will remain safe, as long as you also maintain the privacy of the bitcoin private address, it would be better if you backup files on another storage, but I do not recommend using cloud storage

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October 19, 2018, 03:56:59 PM
 #24

Yes, it's not about on how many wallets you are using at the same gadgets or computers. It's about how you take care of it, how you access Internet with care not careless on anything can do. Just be safe and be sure to save data to other storage like flash drive so in case of damage. Keys is not left behind
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October 19, 2018, 04:09:49 PM
 #25

I think that the safest system for our precious coins to save them in exchange. Because you can use google autenticator when you login to exchange and it is in your hand in your smart phone. When i use my exchanges first i use google autenticator then i use text messages code. So if you use them together no one can steal your money. It is safer than MEW i believe.
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October 19, 2018, 04:15:53 PM
 #26

Is it safe to manage multiple bitcoin wallets from one pc?
I think, it would be better if you save not only on one computer, keep a guard when your computer is damaged you still have private keys on another computer

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October 19, 2018, 04:20:20 PM
 #27

Is it safe to manage multiple bitcoin wallets from one pc?
probably it's safe but i suggest to make some backup always such the private key and etc to assure everything will be ok especially when you want to login to your another bitcoin wallet . And also by the way always stay away on some site that always provide links especially if it's suspicious,  because mostly nowadays are phishing links from hackers to hack our personal information and etc. So be careful mate.  
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October 19, 2018, 04:30:53 PM
 #28

Is it safe to manage multiple bitcoin wallets from one pc?
probably it's safe but i suggest to make some backup always such the private key and etc to assure everything will be ok especially when you want to login to your another bitcoin wallet . And also by the way always stay away on some site that always provide links especially if it's suspicious,  because mostly nowadays are phishing links from hackers to hack our personal information and etc. So be careful mate. 
absolutely right, a little extra be sure to always keep private keys so that people do not know to keep in a safe place. because we can only open private keys. so it's better to backup
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October 19, 2018, 04:31:56 PM
 #29

The best wallet in the market is the AML BitCoin wallet. This coin cant and will never be hacked.
mocacinno
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October 19, 2018, 04:48:29 PM
Last edit: October 19, 2018, 05:05:24 PM by mocacinno
 #30

I think that the safest system for our precious coins to save them in exchange. Because you can use google autenticator when you login to exchange and it is in your hand in your smart phone. When i use my exchanges first i use google autenticator then i use text messages code. So if you use them together no one can steal your money. It is safer than MEW i believe.

I disagree..

What if the exchange locks your account?
What if the exchange gets hacked?
What if the exchange turns scam?
What about a mitm attack?
What if you fall for a phising link?
What if your pc gets infected with a password stealing virus?

If you are not the only one in controll of your private keys, you are not in controll of your funds.

Do not store your funds on an exchange longer than you need to complete a trade... 2fa authentication or unique passords will not save you from these attack vectors (except the last one)

The best wallet in the market is the AML BitCoin wallet. This coin cant and will never be hacked.
I had never heared about this one, did some research... It turns out aml bitcoin is just some altcoin. This has nothing to do with the discussion about bitcoin wallets.
Edit: but then i went trough your posthistory, and found out 100% of your post are promoting this altcoin, leading me to believe you are just a payed shill so you are not really in here for bitcoin discussion, but merely to spam for your employer

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budiarmed
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October 19, 2018, 05:09:38 PM
 #31

I think it's safe, if your computer is healthy and avoid various viruses and phishing, and you must be careful when accessing the internet. There is nothing 100% safe and you must remain vigilant in safeguarding the assets you have.

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October 19, 2018, 05:21:15 PM
 #32

Is it safe to manage multiple bitcoin wallets from one pc?
Why wouldn't it be? just be careful with viruses and risky websites and you'll be fine. And I believe it is not even possible for other people to know where our money is stored anyway, so I suppose the risks are the same as with a single wallet. Why do you need multiple wallets though? It's hard not to mix the transactions and provide the right addresses this way, no? And it leads to suggestion that maybe you want to abuse some systems like sig campaigns by enrolling with various accounts and various wallets... If you are afraid of the transactions being traced, there are many anonymous coins our there. I believe the also still exist websites that can mix the addresses for you. Here is a famous example: https://chipmixer.com/.

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October 19, 2018, 05:35:13 PM
 #33

Yes. It is very safe as far as you do not go clicking on phished sites and the rest.
You need to ensure that you logout of your wallet after transactions.
Do not use passwords that are very easy to guess by mere checking out your name.
Ensure your passcodes or private keys are safely stored too.
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October 19, 2018, 05:47:06 PM
 #34

Thanks to mocacinno for that great answer at the first page.
I guess that answers it all.

Just be aware if you are using the internet. If you have loads of bitcoin then supply it with the best security.
What could be the best security? Really simple. Not much of usage in websites. Just plain internet that will collect the bitcoin to be stored then you could take it off again.

Make another connection if you have a family that will also use the internet. Do not mix it.
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October 19, 2018, 06:13:10 PM
 #35

Yes . It's a easy one ,but you have to save your wallet by some security settings.You can use two factor authentication.It's best to secure your wallet.If you sink your mobile with the wallet,it will be more safety.To login your wallet,the hacker should access your phone too.Which is not a easy task.So by two factor authentication, your wallet is safe.
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October 19, 2018, 06:55:21 PM
 #36

As long as you can mentain the privacy to those wallets I think you will be OK, I have been on this cryptocurrency business for sometime now and I know the power of your wallets private keys and backup keys as long as no any other person have access to your wallets or device you will be safe with that.
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October 19, 2018, 07:25:13 PM
 #37

Well, this is a very important question to all the investor for keeping safe their wallet. I think it's possible to save multiple wallets in a single pc. First, we need to make a strong password and save it on my private diary. There are some investors like to keep their money in multiple wallets so they must keep private their private keys as if other people don't know about it. Wallets information must be hidden in the store with a strong password, therefore, a bitcoin user can save his multiple wallets with a single pc.

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October 19, 2018, 07:27:30 PM
 #38

Yes sure it very much if and only if you can be very careful with your password and private key is intact cause thats the only way to be very safe   while dealing on cryptocurrency its all in your hands to make it work thanks
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October 19, 2018, 09:50:23 PM
 #39

Yes, it's safe, but my advice to you is to always use 2-pha because without it you will definitely be hacked

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October 19, 2018, 10:04:59 PM
 #40

Yes it is safe if you are the only one who using that computer and no one can know your security. If that computer is your personal I suggest that use a offline wallet to make sure that no one can hack your account because right now their are so many hacker and greedy in money so that if you are using many wallet try to use offline wallet and try also the hardware wallet to make it sure that you are the only one who are using your wallet.
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