In my opinion, keeping assets in one place is very risky, I always keep in several places including Exchanges and now I keep my bitcoin in some wallets such as Coinbase, Binance, FTX and Mexc, Trust Wallet. This is because a lot of hack cases occur so that it makes us have to always save in several places.
Please avoid using exchanges to store your savings in bitcoins or other alts, either it's centralized or decentralized ones. Giving the permission to third part entities to monitor your funds is somehow riskier than holding your keys in some unsafe places with duplicated copies. 
Topic: Have you saved your bitcoins in multiple wallets? (Read 1104 times)
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
Maybe the reason why he did that for the addifional safety of his asset. I hope that the wallet is used is legitimate and he did not invested to mlm or any hyip because it might be the reason why he has so many wallets right now. Or maybe because he don't want to make KYC? There's a certain amount in every wallet for us not to do kyc.
wallets is also one of your main concern on where you do store it out because if you dont put up seriously and losing it then say goodbye into your coins.We can make wallets as much as we want but for me
having only one would be enough and you should separate wallet which is for active trading or transaction and one for long term prospect.
There are some reasons why some people do that. Based from my experience, there are some unseen circumstances that need this kind of decision.
Like for example, suddenly your bitcoincore wallet has errors upon synchronizing and you badly need the funds.
Remember, if you happen not to sync the core wallet for long time, it will take time to sync your wallet.
Whereas, if you are using electrum, syncing is quite fast. So you can easily access your funds.
This is why for me, it is understandable if you would want to split some of your coins in different wallets.
You will never know what potential problems you may encounter in one wallet, at least you have a fall back in case the need arises.
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
I prefer using other few terms like splitting bitcoins into different addresses (P Keys) rather than calling them as different wallets as it's always possible to gather all the addresses containing bitcoins and put them all in one wallet. Unless someone is willing to use a variety of custodial and non custodial clients. 
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
Maybe the reason why he did that for the addifional safety of his asset. I hope that the wallet is used is legitimate and he did not invested to mlm or any hyip because it might be the reason why he has so many wallets right now. Or maybe because he don't want to make KYC? There's a certain amount in every wallet for us not to do kyc.
wallets is also one of your main concern on where you do store it out because if you dont put up seriously and losing it then say goodbye into your coins.We can make wallets as much as we want but for me
having only one would be enough and you should separate wallet which is for active trading or transaction and one for long term prospect.
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
Maybe the reason why he did that for the addifional safety of his asset. I hope that the wallet is used is legitimate and he did not invested to mlm or any hyip because it might be the reason why he has so many wallets right now. Or maybe because he don't want to make KYC? There's a certain amount in every wallet for us not to do kyc.
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
Yes I have save my bitcoin in different wallets because the amount is kinda huge a little bit, I think it's best doing it in that way if you have huge amount of bitcoin because you never can tell the unexpected might just have, if it's not too much I don't think it's needed to split it because of tx fee
^ I don't know if this is the right how to keep your BTC safe at all. Even probably how many wallets that you wanted to store them all as long as your wallet is not safe that is nothing we can do. I prefer to store my BTC in one wallet but it has a security feature like a hardware wallet is a very safe wallet when it comes to storing BTC. Because it is good if you will own your private key and keep it safe than splitting your coins which possible of losing them because handling more private keys will lead you to lose them because you will confuse about where to hide them all.
It is good to save your bitcoin in one wallet, this will help you protect your bitcoin and money from hackers. It will also be easier for you to keep track of your Bitcoin and transactions will be made easier.
Yes I have save my bitcoin in different wallets because the amount is kinda huge a little bit, I think it's best doing it in that way if you have huge amount of bitcoin because you never can tell the unexpected might just have, if it's not too much I don't think it's needed to split it because of tx fee
As the saying goes dont keep your eggs in the same basket. So have you saved all of your btc in mutiple wallets\software?
I like to split with electrum air gapped and bitcoin core.
Should i make it 50:50 even though bitcoin core is always online?
The amount is not that much but i am thinking that if i make it to good amount of mbtc, it will be prudent to divide the amount.
Any OGs who can give feedback?
I don't have many bitcoins that I hold, so I only keep it on just one wallet...I like to split with electrum air gapped and bitcoin core.
Should i make it 50:50 even though bitcoin core is always online?
The amount is not that much but i am thinking that if i make it to good amount of mbtc, it will be prudent to divide the amount.
Any OGs who can give feedback?
I keep it (bitcoin that I make long-term investment) in bluewallet. So far, I haven't had any problems and believe that bluewallet is a very secure bitcoin wallet and the chances of being hacked are very small (dwyor).
You don't save or store bitcoin in your wallet. They're on the blockchain. You only use a GUI like a wallet to access them. You can delete keys from all your wallets and they'll still be on the blockchain and you will still be able to access them if you insert the previously saved seed phrase into a hardware wallet like tresor, ledger, etc.
It is relative, if you only have bitcoin for hodl you should rely on having only one wallet, it is safe.
Now, if you are one of those who mobilizes bitcoins, then you would have at least 2 (...3,4...), one cold wallet and one for daily use, it is actually a very individual response that must be adapted to our needs.
Now, if you are one of those who mobilizes bitcoins, then you would have at least 2 (...3,4...), one cold wallet and one for daily use, it is actually a very individual response that must be adapted to our needs.
Exchanges aren't even safe in the first place. Those you have mentioned is always susceptible to cyber attacks/hack. Exchanges could also freeze your asset if for some reason they are suspecting you. At least use decentralized wallets like Electrum or to make it much safer than these options, use hardware wallets. That also depends on the amount of Bitcoin you possess, coz when you only have like 0.01 there is no point in spreading your asset throughout 3-4 wallets lol.
There is no exchange with 100% security guarantee, you could never be safe in any exchange without any doubt of problems, of course all exchanges have that. However, regular pc, or ledger nano, or anything else that a regular person would have not 100% guaranteed neither.Even if a hacker can't manage to scam you directly, they could very well find a way to social hack you, meaning they could make you GIVE your money to them somehow, basically by talking to you, that is how scams work in most cases. This is why you shouldn't really be trusting anything if that is the path we are going with. Exchanges at least have higher security than our computers.
In my opinion, keeping assets in one place is very risky, I always keep in several places including Exchanges and now I keep my bitcoin in some wallets such as Coinbase, Binance, FTX and Mexc, Trust Wallet. This is because a lot of hack cases occur so that it makes us have to always save in several places.
Exchanges aren't even safe in the first place. Those you have mentioned is always susceptible to cyber attacks/hack. Exchanges could also freeze your asset if for some reason they are suspecting you. At least use decentralized wallets like Electrum or to make it much safer than these options, use hardware wallets. That also depends on the amount of Bitcoin you possess, coz when you only have like 0.01 there is no point in spreading your asset throughout 3-4 wallets lol.
In my opinion, keeping assets in one place is very risky, I always keep in several places including Exchanges and now I keep my bitcoin in some wallets such as Coinbase, Binance, FTX and Mexc, Trust Wallet. This is because a lot of hack cases occur so that it makes us have to always save in several places.
When talking about investment, it is very appropriate and you should place one place/one Wallet, because what I have learned from most investors do this method to speed up work.
However, if it is applied for savings or savings, it is better to store it in several wallets and this will be safer, I personally don't use other Bitcoin Altcoins I also use this method to save, because I know that it is not very good to store in one wallet, so it's better in several wallets and maybe if I get more assets I will add more wallets in the future.
However, if it is applied for savings or savings, it is better to store it in several wallets and this will be safer, I personally don't use other Bitcoin Altcoins I also use this method to save, because I know that it is not very good to store in one wallet, so it's better in several wallets and maybe if I get more assets I will add more wallets in the future.
yes one must save in multiple wallets , thats the best practice , in case of mishappening atleast one could be saved, and also in my opinion , one should share password with someone in family as previously many cases have been reported where people lost most of the funds when the person holding the crypto have been no more, or have gone through certain unrecoverable disease..
There are still several people here that install all their coins in single wallet in which we are campaigning for long time to learn and understand the danger of having Only single wallet , even if this is In Ledger or in other secure wallets because there is a small chance that we may lose our passphrase or keys that may lead us to lose all funds.
so why need to put all in single wallet when we can safely install in multiple wallets?
so why need to put all in single wallet when we can safely install in multiple wallets?
The main thing in this case is to be confident in this wallet. Otherwise, the result may be unpleasantly surprising, and then it will be more difficult to avoid losses.
even if you are confident still it is not safe to have single storage, make it at least 3 or 4? depend on the amount of Bitcoin you are holding . 
dividing space and anticipating what needs to be secured is an alternative.
the internet is not always safe and under control. we can find out the dangers of intruders and do security faster so that it doesn't widen and wide. a lot of wallets would also be better if given double protection with hardwhare wallets with existing manufacturers. of course many choices.
that's right, the op chose the cold wallet, although I keep it in the hot wallet for a timely transaction.
all users have reasons for the future, savings and long term.
but i get paid signature to trade in the market and make a profit.
the internet is not always safe and under control. we can find out the dangers of intruders and do security faster so that it doesn't widen and wide. a lot of wallets would also be better if given double protection with hardwhare wallets with existing manufacturers. of course many choices.
that's right, the op chose the cold wallet, although I keep it in the hot wallet for a timely transaction.
all users have reasons for the future, savings and long term.
but i get paid signature to trade in the market and make a profit.
for now, I keep my bitcoins in 1 wallet, even the altcoins I have are like that. maybe it is quite risky, but when you are an investor, or a trader, then you need fast access to make transactions with the assets you have, especially if you are an investor.
what I'm talking about is an asset for investment and I develop it, while for savings, I keep it in a different place. however, it is not good to keep everything in one place. In addition, in the future, I plan to divide the assets I own in several places.
what I'm talking about is an asset for investment and I develop it, while for savings, I keep it in a different place. however, it is not good to keep everything in one place. In addition, in the future, I plan to divide the assets I own in several places.
There is no problem storing bitcoins and altcoins in one wallet, as long as you protect it from threats. Using an extra wallet to split assets is a great idea because if we have an unexpected problem like a hacker attack or accidentally reveal our private key, we will minimize the loss. Using multiple wallets for storage also requires us to have multiple places to store our private keys. so how many wallets to use for storage depends on the usage of each individual.
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