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Topic: Hold your coins in multiple wallets - page 10. (Read 4804 times)

member
Activity: 252
Merit: 11
🔰FERRUM NETWORK🔰
October 08, 2018, 05:12:47 PM
It makes sense to hold them in multiple wallets. But keeping them in a hardware wallet is also important for an added bit of safety  Grin
member
Activity: 165
Merit: 10
The World’s First Blockchain Core
October 08, 2018, 04:44:40 PM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

,

Exactly that is the best way for securing our tokens. I am holding all of my tokens in one hardware. But i know that is wrong.
I will buy another hardware when market will start bullish again. I need second one but i dont have any money these times.
By the way Sorry to hear that bro.
member
Activity: 196
Merit: 10
October 08, 2018, 04:15:46 PM
Yes, this is the right advice. I have been working with several wallets for a long time in order to minimize the possible risks and threats of losing my accumulated money. But you need to understand - this is only one of the security factors, you need to take into account other tips.
member
Activity: 182
Merit: 10
October 07, 2018, 02:11:34 PM
This is not only more safety but more conviniant also! You will always know where and how much money you invested and won't be worry about them
copper member
Activity: 362
Merit: 1
October 07, 2018, 11:31:00 AM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

Personally, I think Trezor wallet is the best to secure the coins for the lifetime. You can use this wallet offline without any harmless.
In order to avoid those hackers we can having a good strategy by using a lot of wallets .I think this will be more secured because we multiply our earnings in different wallets .It's like a wise decision making for us.
newbie
Activity: 188
Merit: 0
October 07, 2018, 11:21:20 AM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

Personally, I think Trezor wallet is the best to secure the coins for the lifetime. You can use this wallet offline without any harmless.
sr. member
Activity: 454
Merit: 251
October 07, 2018, 11:04:01 AM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

In my own personal opinion, holding and splitting your coins in different wallets is a good way for you not to get robbed by hackers and if even you forgot your password you will have a less chance to lose most of your holdings.
legendary
Activity: 1960
Merit: 2124
October 07, 2018, 10:59:19 AM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

I do the same thing, putting digital tokens in multiple wallets to share unnecessary risks.
Absolutely, that's a good practice diving your coins to different wallets incredibly lessens the risk and reduces the dependence on one particular wallet. This one is also safe as if in case one wallet fails then you won't have to lose all your money...
hero member
Activity: 966
Merit: 500
October 07, 2018, 10:43:22 AM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

I do the same thing, putting digital tokens in multiple wallets to share unnecessary risks.
fvb
member
Activity: 1470
Merit: 13
October 06, 2018, 08:25:21 PM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

This is a very good safety practice which I have already commenced. It is better to loose some of your coins in just one wallet than to loose all. With this, your bounty effort won't be in vain.
That's exactly what I did.  Divided into several wallets.  And also ordered a hardware wallet Ledger nano.  Safety is a priority.
jr. member
Activity: 294
Merit: 1
October 06, 2018, 07:58:22 PM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.

When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)

What do you do to secure your coins / tokens?

This is a very good safety practice which I have already commenced. It is better to loose some of your coins in just one wallet than to loose all. With this, your bounty effort won't be in vain.
member
Activity: 322
Merit: 10
October 06, 2018, 07:37:26 PM
I don't like using many wallets because it can cost a lot of problem just a multiple transaction fees and gonna waste your time to transfer something that you need to trade. And I think it is not bad if you only have one wallet if you are a careful person you won't lose something.
full member
Activity: 585
Merit: 100
October 06, 2018, 07:26:27 PM
Keeping your coins in many purses is the best way to protect your money. If you are hacked this wallet will have another wallet. Often every penny I invest, I will buy a purse to secure my money. Work hard to keep the money for sure.
member
Activity: 364
Merit: 10
October 06, 2018, 07:13:43 PM
This business really requires security and I think one of the safest ways to keep your coins is to store them in different wallets so that even when someone hacks one account he wont get all your hard earned money.
sr. member
Activity: 938
Merit: 250
October 06, 2018, 07:12:10 PM
Hi,

I lost some coins this year (my own fault in Phising)
But if you send your coins to multiple wallets you can split your investments better.
When your wallet is hacked you only lose this wallet.
This is my lesson for the next time  Smiley (and some other securities)
What do you do to secure your coins / tokens?

Your experience can be a lesson for all of us to be more careful in securing coins to avoid loss I also think of a safer way to keep coin coins so they can't be touched by fraudsters because the fraudsters are now very smart
sr. member
Activity: 616
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 06, 2018, 07:10:59 PM
If you use a hardware wallet then I think you will not need to store on different wallets, because this is protected very well, and so if you store on mew then you definitely need to do it!
Hardware wallets could have files on there that you don't know exist, it's not that safe to have.
I don't like to associate with the owners of the Hardware wallets because of the dangers that it has.
jr. member
Activity: 70
Merit: 1
“Global loyalty & rewards”
October 06, 2018, 07:10:28 PM
I think it is a best idea and wonderful initiative  since one wallet could let you down and make you waste all your fortunes. Two or more wallet will make your token safe instead.
jr. member
Activity: 137
Merit: 1
October 06, 2018, 07:10:00 PM
I agree that we should not keep all your coins in one purse and should have at least a few to reduce the risk of losing everything in case of burglary of the purse
member
Activity: 350
Merit: 10
October 06, 2018, 07:08:32 PM
I fully agree with the author of this topic, as this way of protecting your funds is very simple, but it is effective. I would certainly still offer to buy you a hardware wallet, but for bounty hunters it will not work, because it can store only certain coins and their number is not so great.
newbie
Activity: 182
Merit: 0
October 06, 2018, 07:06:41 PM
To those people invest in different coins must better use also different kinds of wallet, Wallet that have fully encrypted security to secure your coins stored, to protect your coins from hackers, the purpose is if ever your wallet will be hack not all coins are lossing because you split your coins with different wallet.Some altcoins provide their own security wallet storing  your payments coins.
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