How way you choose way to saving Bitcoin ?

[uneng]

If you are going to save it while investing it's better to split among different sites, but if you are going to just keep it storaged it's better to choose a reliable wallet to put all your funds at the same place. The best option is the physical ledger or trezor wallet, although they are expensive and depending where you live you will probably have to import it.

saving and investing both requires long duration  of holding but splitting the funds to different wallet and diferent investing site is safer because incidents of stealing can occur in the future if not today or by next month and if you let your money sit in one place all can be wipe out . if you not going to save and your only going to invest for a short period of time , thats acceptable to have a one wallet because you are going to use the money afterwards .

Furthermore, by holding all your coins in the same wallet prevent you from paying many transaction fees when moving these coins to other places in the future

will you allow that your 1 btc gets hacked because you refuse to pay a 0.01 btc total fee from diversifying that 1 btc

If you have a physical hardware wallet following all the security measures you won't be hacked.
But for people who are still insecure it's better to split the funds, as the worries regard their bitcoins will cause a lot of pain and anxiety on their daily lives.

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[Fatunad]

So many members have reply you with choosing one reliable wallet to save your bitcoin, in my opinion why splitting your bitcoin in different wallets when you can cut the cost and save them in a strong wallet where you can spend from any time you wish.

Thats because of the sole reason on allocating into several parts to divide off the risk on losing it all once it would really be hacked.It isnt really a bad idea though but it a bit
hassle on your part on keeping 10 wallets or minding 10 private keys rather than on just keeping one if you do really plan on having some separation of key characters
for added more security.Keeping on one wallet isnt really that much of risk if you do know on how to keep those keys safe or out of other peoples eyes or awareness.
You can save up but mostly its been suggested to hardware if you do hold up for long term.

[sayaya17]

If I only have 0.01 BTC in my wallet, then I will only store it in one wallet. This is better because I think it's enough to keep
one private key only and keep it in a hardware wallet to leave it for a long period to see it continue to grow to get maximum profit.
But if you have a lot of bitcoins, you can just store them in several wallets.

[Hippocrypto]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

I would prefer making my bitcoin holdings to be split by two because it's hard to do in multiple. I might lose some of them unknowingly because that's too many. Though we may secure some back up, but that doesn't guarantee it's safety, so it's always important to do it optimally.

[Kelvinid]

If I only have 0.01 BTC in my wallet, then I will only store it in one wallet. This is better because I think it's enough to keep
one private key only and keep it in a hardware wallet to leave it for a long period to see it continue to grow to get maximum profit.
But if you have a lot of bitcoins, you can just store them in several wallets.

Splitting to more wallets gives additional security from hacking but we should be careful as well on our private keys and not misplace them. This is the common risk and problem when having a lot of wallet addresses but I know it was manageable and can be avoided.

But for me, I have to convert some of my holdings to fiat money and store it at the bank and some it uses to start a business. I'm afraid of getting hacked, we know the situation now and we are prone to this, and this is the best thing I think to make everything is secured.

[rosebrand]

There is actually no point of splinting the amount of bitcoin you have to different wallet, you might be thinking of what If your wallet keys gets lost, your wallet keys can't get lost if you are careful enough to keep it safe, and besides splitting it might even get u confused because the wallets might be many, if you can't carefully manage one wallet how do you intend to manage tons of wallet and keep the wallets private keys safe. So it's better to just store your bitcoin in one wallet, manage and safeguard it and also keep the private keys safe.

[Burdec]

It’s not necessary to divide 0.01 BTC for 10 wallets. Blokchain is transparent and everyone can see that all those transactions came from one wallet furthermore fees that you'll have to pay for transactions won’t encourage you at all. It’s better to put all amount on one but reliable digital wallet. Nevertheless if you have several different transactions from totally different people it’s better to give them different wallets.

[Matimtim]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

 I'm confused why we need to save our money in different wallet as what you said, you will spend more money for transaction fee if you do that way of saving your crypto currency.

I can't get your point why said that word.

[Sanugarid]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

I think it depends on the amount you were saving in a particular wallet, if it's not a massive amount just like on what you've example then there's no need to split your BTC and allocate it on a different account. However, multiple wallets are actually good if it has a purpose like a wallet 1 is for the short term goal and wallet 2 is more on long term goal then it's actually fine

[Alucard1]

I will save it only for one address, 0.01 BTC is not that too high, I will just waste the transaction fees if I will going to separate it for 10 addresses. Maybe if I will have 2 BTC and higher, that is the time that I am going to use different addresses, that is the best thing to do if you are going to have huge amount of BTC so in case one of you wallet got hacked you still have the other one.

[elisabetheva]

I will save it only for one address, 0.01 BTC is not that too high, I will just waste the transaction fees if I will going to separate it for 10 addresses. Maybe if I will have 2 BTC and higher, that is the time that I am going to use different addresses, that is the best thing to do if you are going to have huge amount of BTC so in case one of you wallet got hacked you still have the other one.

one alternative that might be good to do if we tell stories and imagine that having a large enough bitcoin. but if you separate it into many addresses, of course it will be like you said, being a lot of transaction fees is certainly not ideal to do. although maybe the goal is so that if there is a hack it does not become a big loss.
If you do have sufficient funds, why not buy a Hardware Wallet whose security can guarantee more and remain in one unity and inseparable, which will confuse yourself later.

[blckhawk]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

No that would be an arduous thing to do because you will monitor and manage those 10 wallets at a time, which also could even cause confusion like mixing up your passphrase or something. However, I'd say that is very effective if you are extremely cautious with your funds. In my opinion, if you think that you are not holding a vast amount of Bitcoin perhaps you could place them in just one wallet by that way you could also save some fees upon getting them out but if you hold a vast amount of it then I would understand of creating multiple wallets for you to store.

[TribalBob]

for me 1 address is enough to store my bitcoin, and I usually store my savings coins in one wallet and specifically for my savings and only I open it on my cellphone not on a PC or anywhere.
I think it is very inefficient to have only 0.01 BTC divided into how many wallets, there are. eaten up for shipping costs only

[irsykes]

for me 1 address is enough to store my bitcoin, and I usually store my savings coins in one wallet and specifically for my savings and only I open it on my cellphone not on a PC or anywhere.
I think it is very inefficient to have only 0.01 BTC divided into how many wallets, there are. eaten up for shipping costs only

I only save in local exchanger because i think it is already safe, maybe what be my problem is when exchanger get hacked or anything else like collapse, etc. But i agree with saving in 1 address is better because although in 1 wallet, want to combine money from addresses must pay fees too.

[jacobjorden]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

Just the way we keep cash or cards in a physical wallet, bitcoins are also stored in a wallet—a digital wallet. The digital wallet can be hardware-based or web-based. The wallet may also be stored on a mobile device, a computer desktop, or printed on paper to keep the private keys and addresses for access secure.

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[xSkylarx]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

You will just make it difficult if you will divide it into multiple wallets. Securing each of those properly would take a lot of time and effort. Putting it in a single address or wallet is enough, just make sure to save the passphrase and create multiple copies on where you think it is safe. Never share that info with anyone even if they are your relative. If you are scared that something might happen to you then look for someone that you really trust and will inherit that amount of bitcoin. It may be not that big amount now but in the future, it will greatly benefit the next generations.

[Hasan905]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

If you are concerned about your wallet security you can just increase the security option for your wallet. Add 2fa, mobile verification, mail verification also you can add fund transfer security now a days. And i believe if someone have your password it will not easy for them to break all of this security system to transfer your fund. Also splitting fund to different addresses will cost you more fees and require time.

[Bitcoin family]

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[777Jolami]

Hello Everyone,

I just curious, How way you choose to saving Bitcoin ?

Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.

Transfer it (0.01BtC) to top reputable exchanges like binance, Kucoin, Huobi and you will feel secure about it.  Remember, implementing account security guidelines, 2FA is required.  In addition, these exchanges actively support P2P, I can save about $ 200 in salary per month to buy bitcoin / usdt depending on the case.  When you have a specific amount of 1BTc, send 1/2 btc to your personal wallet to ensure risk.