Do you use multiple Bitcoin Wallets to store your Bitcoins? - page 9.

warwar

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Quote from: Noctis Connor on September 13, 2016, 06:13:22 AM

Not really why? because if i m going to use many bitcoin address i need to write it done to my notepad so that i can easily know where the bitcoin address for and its hard for me also to do that things my memory is good in memorizing

I agree. lot of wallet make you confuse which one is your main wallet and other is side wallet. But if you are really in a long time in bitcoin you realize that you need a lot of wallet to earn more purposes Cheesy

So thats why then you can memorize or find what is your main wallet and other.

Teraboy

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Quote from: Facilitator on September 13, 2016, 02:51:16 AM

Quote from: bitbunnny on September 08, 2016, 10:34:12 AM

I use more wallets and I also use multiple addresses within one wallet. It's good to be careful and not keep all eggs in one basket, let's say so. I never had big amount of coins but you never know what can happen, hackers attacks are very often, so we have to pay more attention to security.

I usually use one address for each transactions. I heard that is safer to use multiple address. It is also more clear.

whether you're using different address for every transaction it's actually doesn't matter if your wallet just got hacked since i believe that every address that you generated belong to one address,it's indeed safe if the one that get stolen is privkey not the wallet,but if it's the wallet then no way it's safe

Noctis Connor

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Not really why? because if i m going to use many bitcoin address i need to write it done to my notepad so that i can easily know where the bitcoin address for and its hard for me also to do that things my memory is good in memorizing

WhiteStar_

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Yes ofcourse.For my vew storing in different wallets online is better.So if one of your account been stolen you will not lose all your bitcoins and still goung to have some spare to recover.

avikz

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Yes, and this is a wise thing to do. Always diversify your holding by putting them in to more than one wallet if you are holding some serious money in to bitcoin. However, if you are holding a little amount of bitcoin, it makes no sense to use many wallets, Instead use a time tasted wallet like coinbase or blockchain.

I am using more than one wallet for both of my bitcoin and altcoins holdings. Even if your one account is compromised, then you can at least recover some from your another account.

Rizky Aditya

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Quote from: n691309 on September 08, 2016, 10:02:48 AM

I have my hardware wallet which I ordered recently and it is the Ledger HW.1 and saying the truth it looks like a cheap USB but in fact it holds bitcoins and it does it job simply and good enough. I'm using it as a cold wallet so for me using more than one wallet is good because you see the potential of other wallets as well.

I also use a ledger HW.1 as my cold wallet. My friend got a limited edition one and persuaded me into buying it. I believe that it was a very good investment on my part. It was, and is, probably the cheapest hardware wallet that you can get that is still performs very well. It doesn't come with many features but it gets the job done and that's all I need it to do. So if you are looking for a budget hardware wallet, then you should take a look at the ledger HW.1.

madwica

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Quote from: 23dzmaz on September 13, 2016, 03:11:17 AM

No, i'm not use multiple bitcoin wallets to store my bitcoins, i only stored my bitcoins in 1 wallet but i have many bitcoins wallets and it's not for store my bitcoins, i only use 1 for that.

I only have 2 bitcoin wallets,this is my primary used and most of the time i do my transaction in that bitcoin wallet which is (coins.ph) and the other 1 I use it to received my earning in some method that i gain (xapo wallet)

23dzmaz

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No, i'm not use multiple bitcoin wallets to store my bitcoins, i only stored my bitcoins in 1 wallet but i have many bitcoins wallets and it's not for store my bitcoins, i only use 1 for that.

Xester

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Really? I am loyal to my bitcoin wallet so I only uses one. Wink

But that was a great idea to keep bitcoins. I just do not want to be paranoid and being negative that is why I uses only one. I believe that my bitcoin wallet is secure and there is no way they could hack my bitcoins there. But yes, just to be safe, I might do it as well.

Senor.Bla

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Quote from: Facilitator on September 13, 2016, 02:51:16 AM

Quote from: bitbunnny on September 08, 2016, 10:34:12 AM

I use more wallets and I also use multiple addresses within one wallet. It's good to be careful and not keep all eggs in one basket, let's say so. I never had big amount of coins but you never know what can happen, hackers attacks are very often, so we have to pay more attention to security.

I usually use one address for each transactions. I heard that is safer to use multiple address. It is also more clear.

it is ok to just use one address. if you have reoccurring payments to receive like your salary or signature campaign it is easier for the sender and also kind of safer, since they can not make a mistake by sending it to the wrong address. using every time a new address makes it harder to connect those bitcoin to you, so basically you get a bit more anonymity.

Facilitator

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Quote from: bitbunnny on September 08, 2016, 10:34:12 AM

I use more wallets and I also use multiple addresses within one wallet. It's good to be careful and not keep all eggs in one basket, let's say so. I never had big amount of coins but you never know what can happen, hackers attacks are very often, so we have to pay more attention to security.

I usually use one address for each transactions. I heard that is safer to use multiple address. It is also more clear.

machinek20

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Yes i used multiple wallet because i feel safer and more organized, and also i can manage my coin easily, i store my gambling coin in 1 wallet and 1wallet for my investment, so i can limit myself in gambling and i can see how much i make in investment

Crypt0kn1ght

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I use multiple wallets coz it's just safer to spread your assets(not only BTC) .

bitbunnny

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I use more wallets and I also use multiple addresses within one wallet. It's good to be careful and not keep all eggs in one basket, let's say so. I never had big amount of coins but you never know what can happen, hackers attacks are very often, so we have to pay more attention to security.

dihari

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Of course all of us use more than one wallet.
It caused by safety, fees, and bussiness.

randy8777

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Quote from: btcdevil on September 08, 2016, 09:50:31 AM

Quote from: randy8777 on September 08, 2016, 09:42:19 AM

Quote from: Altynbekova on September 08, 2016, 09:33:29 AM

yes I do use multiple wallets right now because its just bit safer than normal, if you spread your bitcoins in different wallets its safer so if you wallet get hacked they will only steal a small amount of bitcoins.
Its just a sort of security measurement to be sure your bitcoins are secure and safe.

if a hacker steals your wallet file and manages to access your coins, then it means that you secured your wallet file with a weak password, or maybe you didn't had a password at all. always make sure you use long passwords with random symbols to secure your wallet files. that way a hacker won't be able to steal your coins when they have your wallet files.

what ever password you put, if the hacker hack your computer and steal the passphrase of your desktop wallet then you can do nothing, So it is upto you that where you keep your wallet,

I am using both desktop wallet and online web wallet, desktop wallet for investment that i use it only for storing my Bitcoins for future expenses, and i keep that wallet in a pendrive and when ever i am in need i use it on clean computer and as soon as my work finish i just uninstall after taking backup in pendrive. That way i am secure

Web wallet i am using for my daily work as i am using coinbase and their security level is very good, as soon as anyone uses my wallet on new ip they will first check with sms code and after that email confirmation, so in this two way i am fully secure.

if you have a clean (virus/malware free) pc, and you then have set a secure password for your wallet file, then no hacker will be able to steal your coins if your pc gets infected afterwards.

n691309

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I have my hardware wallet which I ordered recently and it is the Ledger HW.1 and saying the truth it looks like a cheap USB but in fact it holds bitcoins and it does it job simply and good enough. I'm using it as a cold wallet so for me using more than one wallet is good because you see the potential of other wallets as well.

btcdevil

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Quote from: randy8777 on September 08, 2016, 09:42:19 AM

Quote from: Altynbekova on September 08, 2016, 09:33:29 AM

yes I do use multiple wallets right now because its just bit safer than normal, if you spread your bitcoins in different wallets its safer so if you wallet get hacked they will only steal a small amount of bitcoins.
Its just a sort of security measurement to be sure your bitcoins are secure and safe.

if a hacker steals your wallet file and manages to access your coins, then it means that you secured your wallet file with a weak password, or maybe you didn't had a password at all. always make sure you use long passwords with random symbols to secure your wallet files. that way a hacker won't be able to steal your coins when they have your wallet files.

what ever password you put, if the hacker hack your computer and steal the passphrase of your desktop wallet then you can do nothing, So it is upto you that where you keep your wallet,

I am using both desktop wallet and online web wallet, desktop wallet for investment that i use it only for storing my Bitcoins for future expenses, and i keep that wallet in a pendrive and when ever i am in need i use it on clean computer and as soon as my work finish i just uninstall after taking backup in pendrive. That way i am secure

Web wallet i am using for my daily work as i am using coinbase and their security level is very good, as soon as anyone uses my wallet on new ip they will first check with sms code and after that email confirmation, so in this two way i am fully secure.

randy8777

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Quote from: Altynbekova on September 08, 2016, 09:33:29 AM

yes I do use multiple wallets right now because its just bit safer than normal, if you spread your bitcoins in different wallets its safer so if you wallet get hacked they will only steal a small amount of bitcoins.
Its just a sort of security measurement to be sure your bitcoins are secure and safe.

if a hacker steals your wallet file and manages to access your coins, then it means that you secured your wallet file with a weak password, or maybe you didn't had a password at all. always make sure you use long passwords with random symbols to secure your wallet files. that way a hacker won't be able to steal your coins when they have your wallet files.

Altynbekova

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yes I do use multiple wallets right now because its just bit safer than normal, if you spread your bitcoins in different wallets its safer so if you wallet get hacked they will only steal a small amount of bitcoins.
Its just a sort of security measurement to be sure your bitcoins are secure and safe.

Topic: Do you use multiple Bitcoin Wallets to store your Bitcoins? - page 9. (Read 10935 times)