Topic: Hold your coins in multiple wallets - page 15. (Read 4848 times)
I keep my wallet in two Hard drive disks and those are not connected in Internet. Also, I keep few of them on Myetherwallets where I send the coins for Holding.
Right. You are absolutely right. And never share or use any automatic system for save your account information. Some people suggest to use software for create hard password but I think it is better if you make it manually. Multiple wallet is not better for only security but also it reduce your risk for lose in trading. You can use different exchanges for hold your coin.
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
(and some other securities)
What do you do to secure your coins / tokens?
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
(and some other securities)What do you do to secure your coins / tokens?
I allowed my kaspersky internet security run myetherwallet and all my other wallet including exchange. It has detect phising site many time for me and block it for me in some cases. I am safe with it now.
Definitely as your portfolio grows so should the number of wallets. And to add, if a coin can be stored on a hardware wallet, definitely keep coins there.
I think holding your coins in multiple wallets is a good decision. I prefer to have 3 wallets. It helps me to feel more safe
These wallets have a better chance of hacking, as for me. After all, scammers are aimed at you to pick up more, and these wallets provide this opportunity.
I always recommend a hardware wallet. Assuming the seed words are secure then your main vulnerability is where you decide to send your tokens. If I had a large investment in crypto (mine is fairly modest) I’d consider using multiple types of hardware wallets (Trevor and Ledger, etc) just to spread them out among multiple wallets as well as multiple technologies. For many I think the low cost for one hardware wallet makes good sense. But more than one is overboard unless you have a really big investment. Hope you have better luck in the future with your coins. Thanks for posting this as security must be taken seriously. Cheers.
a very good idea to divide coins into several different wallets so that if you get phishing we just lose the coin in the wallet, in my opinion it's a great way to keep the assets we have
It is very much advisable to hold your coins in multiple wallets so that you won't be a victim of hacks if that lone wallets gets hacked. This is one of the fears for having all your holdings in one wallet
You are actually on point, I had the same experience and i lost everything since then, I have many wallet where i keep different coins and i use different wallet for different things and I think that's a good way to stay safe
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 (and some other securities)
What do you do to secure your coins / tokens?
maybe you are right, but if you have any hardware wallet like I used to, you dont even need to use multiple wallets, I used nano ledger wallet, which is really safe to use, no links, less risk to phising unless you have accidentally given your key to other people. 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
(and some other securities)What do you do to secure your coins / tokens?
With the same success in case of negligence, you at once can lose all your crypto currency if you store it in one place on a multi-currency wallet. It is worthwhile to think several times before making such a choice.
Save it in several wallets, in my opinion, it will also have the same level of risk. It's better to share the storage with the bank. The bank also has risks to be hacked, and its value cannot be developed. But, you can use it at any time and will feel safer, because the money is in a clear place of security. Even though in fact, in the wallet is also quite safe if you can keep your wallet's personal data confidential.
You are very wise to advise, in this case, you will lose the risk of losing the whole amount of money at the same time, and there are other methods that make it safer to keep your wallet and coins in one wallet.
I also think that it is better to divide the money into several purses, now often wallets are hacked, it is better to be cautious.
I usually use only one type of wallet to hold my coin, the reason is that I will find the best wallet I can use, and another reason is to easily manage multiple types of coin on one wallet what i want
I always believe those using multiple wallet are using it to shit or scam people. Then I personally do not like it. I prefer having my coin in one secure place and access it one than splitting in different wallet.
if I think it's better for us to hold our coin in an online wallet for safe storage and in that wallet we can save it for so long that I did it for myself, every time we have their own thoughts, and in that wallet we can save it with a lot of coins and don't forget that the online wallet code is lost if it's lost
For the safety of my coins, I scatter them in different accounts. I don't write passwords down anywhere. I generate them with the help of special programs and my lawyer remembers them.
To protect my wallet, I try not to keep the private key on the computer, but keep it on removable media!
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