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Topic: Hold your coins in multiple wallets - page 29. (Read 4813 times)

copper member
Activity: 31
Merit: 0
July 23, 2018, 05:55:58 PM
Best to do is always get a wallet that you can control, maintain, or reset. If not you are susceptible to loosing your funds. DYOR.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
July 23, 2018, 05:52:32 PM
I think it is a good idea, because if one Wallet gets hack then you only lose what you have in that wallet and not all your investment. It is very risky to put all your eggs in one basket.
Also I would say you should mind the way fill or click on links online, some of them are just there to aid people to hack and scam you. Cross and double check everything before you click or proceed with the transaction
full member
Activity: 588
Merit: 100
July 23, 2018, 04:42:49 PM
That one is definitely a good habit we must all learn. We must learn how to mange funds in different wallets so that we get saved when the unfortunate happens, and by the way, they say you should never keep all your eggs in one basket.
newbie
Activity: 89
Merit: 0
July 23, 2018, 04:37:34 PM
I agree, it is better to divide the money into several purses, now it is increasingly heard that wallets are hacking, it is better to protect yourself by all possible means
member
Activity: 336
Merit: 12
July 23, 2018, 04:35:41 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?


I store all my funds in some mew wallets, their passwords are saved on two flash drives, which are stored in different secure places, under lock in the safes. Feel like a big trader:)
sr. member
Activity: 490
Merit: 250
July 23, 2018, 04:27:50 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?


My problem is that I'm a bit lazy and don't do anything to protect myself against fraudsters cause I don't believe anybody would like to steal several dollars. But I try to protect my passwords and sites with the two-factor authentication and conduct all transaction in a clean browser. But everybody does this, I guess.
newbie
Activity: 132
Merit: 0
July 22, 2018, 03:56:47 AM
Yes, my friend.
This is a very good practice. I used to put only one wallet and it was stolen. I am very uncomfortable, and now my approach is the same as you, in multiple wallets. Also keep your password.
member
Activity: 322
Merit: 10
July 22, 2018, 03:53:50 AM
I think hold your coins in hardware wallet is much better instead to split in multiple wallet. Because hardware wallet is more safer to safeguard your coins from hacking and phishing.
newbie
Activity: 224
Merit: 0
July 22, 2018, 03:40:51 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?


Since you've lost money to phishing I hope that you also learned to not use anymore 3rd party web services to hold your money.
I do split into multiple wallets, I also have more than one altcoin so if one goes bad I don't lose everything. I also keep offline all the wallets I don't need (I don't have to spend from them).

I do exactly as you described. I do not even have anything to add. This is the best way to save your money
member
Activity: 749
Merit: 13
July 22, 2018, 03:34:33 AM
I had the same thought with you from some time ago but yet I do because I often see people complain of loss of tokennya in mew a result of phishing,it is very worried because everyone must have been careless.The advice you give is very good for practice
legendary
Activity: 2534
Merit: 1338
July 21, 2018, 05:54:31 PM
You can do that but it is definitely easier to buy hardware wallet and let it take care of your security. It's a chore to have multiples wallet so i think it is better to be more careful regarding what you click and open on the internet. Always make sure you are on the right site before sending your crypto and you will be fine.
That sounds easy, it seems easy to just avoid being hacked until the day you are and regret not investing in a hardware wallet or at least to use a paper wallet, if you do not have experience securing your computer from viruses and threats over the Internet you will be better off by just buying a hardware wallet, not only that, it will save time and as we know time is money. 
hero member
Activity: 849
Merit: 507
July 21, 2018, 04:02:36 PM
Well almost all my funds are on my Trezor - Ledger wallet ( i have both ) and it is good for me to spread them on those wallets, and they will never be hacked by anyone.
newbie
Activity: 98
Merit: 0
July 21, 2018, 03:57:43 PM
It's dependably a smart thought to part our benefits into numerous wallets, preferrable the one prescribed by the designer. Over that, we need to ensure that every wallet is scrambled utilizing appropriate secret key, with the goal that it adds extra security layer to our wallet. For an insurance, don't introduce program augmentation except if you are certain what the expansion is. By having safe practices of putting away our benefits, we are likewise helping the trust in cryptos, with the goal that a more extensive reception could be accomplished, and all crypto supporters may thrive together.
member
Activity: 770
Merit: 11
quarkchain.io
July 21, 2018, 02:37:56 PM
For i hold one wallet in each blockchain, so i have multiple wallets but because of different blockchain like wallet in NEO, ETH and NEM
It is better for me to have a single wallet for each of them as it is hard handling multiple wallet on one blockchain.
We must be careful on accessing our wallets. If you want to check them just use the explorer to limit your exposure.
full member
Activity: 434
Merit: 100
July 21, 2018, 02:32:37 PM
Yes, I keep my coins in several purses. I think this is one of the best options for storing coins. Therefore, I advise everyone to keep their coins so.
newbie
Activity: 154
Merit: 0
July 20, 2018, 05:49:44 PM
I like your idea and that's exactly what i do, I have many wallet where I store my tokens just in case anything happens to one then I will have other places to rely on, it is a good security measures.
full member
Activity: 448
Merit: 100
July 20, 2018, 05:28:24 PM
Well though that way it will be more expensive but also be one of the best solutions to avoid the total loss of assets we have, for me to focus more on the devices we use so clean of the dangers than we share the wallet to store the assets we have.
newbie
Activity: 196
Merit: 0
July 20, 2018, 04:57:33 PM
It is also a good idea ,especially if you have large amount of coins in your wallet, because there are also instances that ,his wallet was hacked ,it is better that not all coins are takens by the bandits , so it is your choice also ,if you adopt that kind of storage of your coins, just keep it safe and be careful in every move , because one mistake is all gone.
newbie
Activity: 264
Merit: 0
July 20, 2018, 04:48:24 PM
Its better to hold your coins on the origin wallets and always store seeds phrases etc on usb... Multiwallets is good idea , but nothing will happen to your wallet (main / multi or else) if you follow secure rules
member
Activity: 588
Merit: 18
July 20, 2018, 04:43:00 PM
I think one of the most plausible things to do is to keep all the funds of cryptocurrencies in more than one wallet. Thus the risk is minimized.
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