Hold your coins in multiple wallets - page 17.

Fortified

copper member

Activity: 350

Merit: 1

Quote from: Boxxl on May 17, 2018, 06:37:14 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

(and some other securities)

What do you do to secure your coins / tokens?

Yes this right way to prevent our tokens to be stolen , at least if it is happen not all token will be lost , for me as bounty hunter I will prefer to use one wallet in every campaign and store it separately then I will use it again after trading when it is already empty, and I prefer to use MEW .

Shubhamgill33

newbie

Activity: 54

Merit: 0

Yes, its a good practice to hold your coins in multiple wallets so as to not lose all your crypto holdings if your wallet is hacked. This greatly reduces the risk even if your 1 wallet is hacked, you still have your other wallets. hackers are becoming more and more advanced these days and against them we need to take every possible measure.

maximilian4aue

newbie

Activity: 113

Merit: 0

I personally recommend Edge wallet on android, as it creates multiple wallets automatically for you in order to reduce risks, it was worked for me.

yhieniehy

member

Activity: 152

Merit: 10

Quote from: atorle on September 03, 2018, 04:16:17 PM

One should have more than one wallet for cryptocurrencies, ideally one should be dedicated to daily transactions and another (preferably hardware wallet) for storage of your assets long term

It is unambiguously necessary to store all the coins on a separate purse. But not necessarily it has to be the hardware purse.

atorle

newbie

Activity: 126

Merit: 0

One should have more than one wallet for cryptocurrencies, ideally one should be dedicated to daily transactions and another (preferably hardware wallet) for storage of your assets long term

blacktux88

member

Activity: 308

Merit: 10

we have an bigger team , and always controll our transaction throuh more eyes , so phisshing is not so impoirtant for us.
but i will never hold my coins in trading accounts.

they will be only in my ehter wallet

Quote from: Boxxl on May 17, 2018, 06:37:14 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

(and some other securities)

What do you do to secure your coins / tokens?

lorapalmer

member

Activity: 364

Merit: 10

https://bvo.trybravo.com/

That is why I am using only hardware wallets. Other wallets do not give me the safety feeling of my coins. There is so much fishing and each time it is something new. It us very hard to keep pace with those technical gurus that are constantly coming up with some new ways on how to cheat you and get your money from the wallet.

adekogbe

member

Activity: 854

Merit: 21

Keeping your crypto assets in multiple wallets is a practice that should be taken into action more by people because I hear a lot of people talking about getting hacked or loosing their private keys.
This happens a lot and should not be allowed to happen so often. Which means you should always have a back up.

Join DeStream ICO: https://destream.io/?referralId=adf52557d7994818a3bf8131262f2179#action=bountyreg

Granit0

member

Activity: 308

Merit: 12

If you only hold a few token then it can be done but if you have a lot of token then it will become a chore to do. It's better to just invest a little money in hardware wallet, you can get best security with hardware wallet and you don't have to worry anymore. It don't matter if you have a lot of wallet but you are not careful because you can still lose the token.

FosterEgan

newbie

Activity: 149

Merit: 0

Quote from: Boxxl on May 17, 2018, 06:37:14 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

(and some other securities)

What do you do to secure your coins / tokens?

I think these wallets have a best community who support it and most people say these wallets have a reliable for the long term and the save the coins/tokens of the scams without harmless and the any risk.

TREZOR
NEON

Tigerw

member

Activity: 448

Merit: 12

Quote from: verpobs on September 03, 2018, 01:12:26 PM

this method is not the definitive solution. you should be careful when entering other sites with the device you are using to connect your accounts. Do not click links that you do not know.

Coins can be stored even on one purse, but the safety of your funds depends only on your care and caution. At least you need to use another device to work with your coins, with which you do not visit other sites.

verpobs

newbie

Activity: 70

Merit: 0

this method is not the definitive solution. you should be careful when entering other sites with the device you are using to connect your accounts. Do not click links that you do not know.

crystalworld

jr. member

Activity: 230

Merit: 1

It's not easy protecting your coin, most times its been hacked by people close to us and we won't know. Use every good and possible security measures you have to protect your wallet.

Zentor

member

Activity: 378

Merit: 12

I don`t trust multiwallets either way. It may be easy to use, but unsecure. Cold wallets, used by altcoin developers are the best choice.

anatolykarpov

member

Activity: 266

Merit: 12

Go for hardware wallets. Much safer than using online wallets and exposing your private key to websites!

Muhammad Muneeb

full member

Activity: 644

Merit: 101

📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

Quote from: Boxxl on May 17, 2018, 06:37:14 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

(and some other securities)

What do you do to secure your coins / tokens?

wallets build on blockchain and i don't think so that blockchain can be hacked. maybe you have been tricked by a phishing site.. splitting your coins in different wallets can be dangerous too you may lose your keys if you have multiple wallets

forestgunman

newbie

Activity: 78

Merit: 0

I wont put my coins into multiple wallets, because this will only increase the chance of losing the coins if their passwords are not stored properly.

ElizaZX

full member

Activity: 378

Merit: 100

I just wind every time a new wallet, when I participate in the company's new bounty. And when I do not collect assets in one purse.

balamuda

member

Activity: 318

Merit: 10

You are right, storing coins in one wallet will risk losing if we are careless, but dividing in some wallets will be much better to protect the assets we have, of course we must be careful.

angrybirdy

sr. member

Activity: 1022

Merit: 276

★Bitvest.io★ Play Plinko or Invest!

Quote from: Boxxl on May 17, 2018, 06:37:14 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

(and some other securities)

What do you do to secure your coins / tokens?

using multiple wallets is not the solution to avoid hacking, since you just said that you were a victim of phising, which is actually your own fault, you must be careful next time, or use a different wallet like hardware wallet.

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