Topic: Do you use multiple Bitcoin Wallets to store your Bitcoins? - page 3. (Read 10920 times)
No I do not use multiple wallets at the moment because I already have a good paper wallet and that is already a good secured one so I do not want to spread my BTC.
making a secure bitcoin wallet which is always offline and stays that way is not really hard, and i am talking from 2 years of experience with having only one bitcoin wallet on an offline linux system.
That means u dont use your bitcoin. For those who use bitcoin regularly, needs to wallet... one online and one offline.
Went through a spell where blockchain was no longer allowing my old computer to connect,so I had to find a go between till I got my new computer.
Think it is not a bad idea to have multiple wallets,find some are better for me on my cellphone when I am hitting a atm. For some reason Blockchain does not feel smooth to me when I am operating it on my cell,so I use mycellium and everything appears to move quicker. Might just be I am struggling to learn the new blockchain or a perception biases.
Think it is not a bad idea to have multiple wallets,find some are better for me on my cellphone when I am hitting a atm. For some reason Blockchain does not feel smooth to me when I am operating it on my cell,so I use mycellium and everything appears to move quicker. Might just be I am struggling to learn the new blockchain or a perception biases.
You need to make use of multiple wallets because if you manage to lose the wallet where you have stored all of your bitcoin then you are screwed because you have lost them all at once.
If you have more then one then you can spread the bitcoin if you lose one you still have some left.
If you have more then one then you can spread the bitcoin if you lose one you still have some left.
I currently use a few wallets to store my Bitcoin, however it isn't really anything excessive and it's only something like one or two for right now. If I really wanted to I could easily set up and split my Bitcoin among a ton of different wallets, but I just don't want to do that right now.
I do. I'm using dozens of paper wallets to store my Bitcoins and I feel WAY safer. It's there in my home somewhere hidden which makes it impossible for hackers to find them. And I don't think thieves in my country really know about Bitcoin 
to me as i have a good amount of bitcoins that i mostly invest in alt coins, so for security purpose i have to use multiple wallets so as to keep my bitcoin safe and out of reach of hackers.
yes of course, i use multiple bitcoin wallet too like other people, because i remember the sentence "don't put all of your egg in just a basket" so i split my all bitcoin in multiple wallet.
I don't have mush money and maybe that is why I feel safe using just one wallet. I am also not aware how often people hack the passwords and get the money. I thought that most of us do very complicated passwords, so it is really hard for some program to steal our Bitcoins.
I am happy with blockchain official wallet and i use only that. Other 3rd party wallet are trustless in my opinion and I can't take risk of my self earned money. But due to force i had once created xapo wallet but never used that.
I am using only single wallet at a moment as I don't have enough bitcoins with me so it doesn't make any sense to use multiple wallets but in future if I can manage to have more coins then I would go for multiple.
Yeah because the "need" is the one which really dictates it. If you feel like you don't need multiple wallets then don't do it.
It just happens that you need to somehow secure your coins (because you have a lot of it) so you had to make many wallets.
Yes, I do have multiple Bitcoin wallets but I didn't do it specifically to store my Bitcoins. The first Bitcoin wallet that I'm using is a local one and it allows me to buy this and that from services that is available in my country. It also lets me top up my phone, the conversion into my local currency is also shown.
Behind all these awesome features, the wallet website doesn't let me sign a message with my address. We tried talking to them about this and they only said something like "Sounds cool!" so me and my fellow Bitcoiners had to create another wallet on Blockchain to sign a message.
Behind all these awesome features, the wallet website doesn't let me sign a message with my address. We tried talking to them about this and they only said something like "Sounds cool!" so me and my fellow Bitcoiners had to create another wallet on Blockchain to sign a message.
Yeah of course I make use of multiple wallets because at this point you have to do that in order to protect your Bitcoin so that you cannot lose them all at once.
If I now lose one wallet it is not going to hurt me as much Because I still have some more.
If I now lose one wallet it is not going to hurt me as much Because I still have some more.
yes there is a lot of people are using multiple bitcoin wallet for securing their bitcoin and i think it very good way to make a multiple bitcoin wallet so then no one can be hack our all bitcoin from our bitcoin wallet .
I am using a single wallet at this time,which is block.io because i like its simplicity.No need for me to use more that one wallets because my bitcoin earning are really low and i am not even able to fill my single wallet with much bitcoins,may be when i earn more then i will use another bitcoin wallet.
Block.io can only be good for small level merchants and i don't like to use them as web wallets for daily life. You can take a look at blockchain.info , coinbase.com , xapo and electrum wallets which are meant to be online wallet and block.io is better for merchants to accept payment from customers. 
making a secure bitcoin wallet which is always offline and stays that way is not really hard, and i am talking from 2 years of experience with having only one bitcoin wallet on an offline linux system.
That means u dont use your bitcoin. For those who use bitcoin regularly, needs to wallet... one online and one offline.Well for me you don't have to even have offline wallet because that is just going to be applicable if you are going to hold a lot of bitcoins to be stored with your offline wallet. But for me, using online wallets are already helpful and I do use multiple wallets so that I am able to allocate my funds for paying my bills and just for saving.
I am using a single wallet at this time,which is block.io because i like its simplicity.No need for me to use more that one wallets because my bitcoin earning are really low and i am not even able to fill my single wallet with much bitcoins,may be when i earn more then i will use another bitcoin wallet.
making a secure bitcoin wallet which is always offline and stays that way is not really hard, and i am talking from 2 years of experience with having only one bitcoin wallet on an offline linux system.
That means u dont use your bitcoin. For those who use bitcoin regularly, needs to wallet... one online and one offline. 
I am using only single wallet at a moment as I don't have enough bitcoins with me so it doesn't make any sense to use multiple wallets but in future if I can manage to have more coins then I would go for multiple.
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Every smart people should have different wallet online, that is to minimize the risk as we cannot see the future, it could be stolen and all our investment are gone, you do not call it a savings instead so it is just good to diversify it.
Every smart people should have different wallet online, that is to minimize the risk as we cannot see the future, it could be stolen and all our investment are gone, you do not call it a savings instead so it is just good to diversify it.
using multiple bitcoin wallets is not really "being smart" you can have only 1 bitcoin wallet and be the safest possible. i believe you should call it paranoid instead of smart.
making a secure bitcoin wallet which is always offline and stays that way is not really hard, and i am talking from 2 years of experience with having only one bitcoin wallet on an offline linux system.
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