Hold your coins in multiple wallets - page 30.

MFY151

full member

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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?

They say prevention is better than cure, this is very much applicable also in the cryptocurrency world in which you can also protect your funds by securing credible sites and avoiding risky ones. You may want to book mark exchange platforms and wallet sites that you frequently use your wallet in order to avoid using phishing sites instead.

Amafunkiest

newbie

Activity: 71

Merit: 0

Any mistake or wrong decision can lead to loss. But I think, you do not have bitcoin wallet. If you had bitcoin then you would not lose that. Moreover, there could have some fault in your investment decision. So rather investing in the different new coins, keep investing in the bitcoin. It will have a bright future.

derigop

member

Activity: 200

Merit: 10

Enhancement isn't just for your speculations it is likewise about the quantity of wallets you utilize, it is smarter to utilize a few wallets and to have them in various gadgets if that is a probability for you that way on the off chance that one of the gadgets is imperiled you don't lose every one of your wallets yet just a single, this is basic on the off chance that you need to ensure yourself in the occasion you are hacked.

cryptocyprus

sr. member

Activity: 686

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I agree with you, this is really one of the easiest ways to protect yourself from hackers. I think that's what everyone should do.

lalabotax

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I think the experience will be very helpful and guide someone more thorough and alert. in the case of burglary mostly due to negligence of its users. I have experienced similar things with you, which is why I am more protective again in terms of computer security, meticulous in every action concerned with the wallet

maiden

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Activity: 457

Merit: 11

Chainjoes.com

Quote from: angelfaria on May 18, 2018, 09:53:32 PM

Holding coin in multiple wallet is the best decision I think because of this coins remains secure in you lost of forget then another you can use and this system is for safety concern and this safety can helps in future because we can save form large amount of loss.

Diversify all your holdings in multiple and secured wallets, you can hold it on ledgers and wallets that has private key so that you can assure that it is secured

republicrypto

sr. member

Activity: 1414

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Keep it Simple guys :)

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 buy a hardware wallet to store my coins,, especially for my ethereum and ethereum tokens
because i believe if hardware wallet such as ledger nano s is the most secure wallet my friend
regards

anilsaini0327

newbie

Activity: 118

Merit: 0

Yes. it is a good option. Holding coin in multiple wallet is the best decision I think because of this coins remains secure in your wallets. If you lost access to one of your wallets you will still have access to other wallets.

BlueBobbins1

jr. member

Activity: 77

Merit: 5

For security, it is very important to store your coins in different wallets and passwords from nick on the flash drive in an encrypted file and that you had a duplicate of this flash drive.But this should be done when you have a lot of money and you are very worried about them!

mr.shaman

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UChain your best ecosystem!

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?

To not lose a purse - do not let him be too attractive! This is the main rule in real life too! Wink

R9s

member

Activity: 406

Merit: 10

Fast, Smart, Trustworthy

Very good advice, but I think the safest way is to put the cryptocurrency that is not traded in a cold wallet, which is safer! Of course, if you are acting as a trader every day, then your approach is more suitable!

travwill

sr. member

Activity: 1313

Merit: 278

Quote from: Adamant06 on July 20, 2018, 06:53:30 AM

I totally agree on that, holding your coins in multiple wallets are the best thing to do to avoid phishing. It might look complicated but it is a good way to diversify, because its easy nowadays for hackers to do their stuff.

The best way to avoid phishing is to be careful, always check the sites you visit and add sites to your bookmarks. It's up to you whether you get caught in phishing.

belal12

newbie

Activity: 602

Merit: 0

It is a good choice to keep the coin in multiple wallet cause if lost one of your wallet than it will not fall effect any of coin. The rest of the coin will remain
safe in other wallet. Keep your private key safely.

RGMan

newbie

Activity: 232

Merit: 0

I hold it on several wallets. Because sometimes there is no possibility to store on one (different standards), and sometimes I think that it's safer, because if I lose one purse, then the rest will remain with me)

hohuan101

member

Activity: 341

Merit: 10

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?

Currently there are many exchange have very interesting security program. For example, freeze the number of coins you own. Or you buy a hardware wallet directly, the money you do not use to it will be absolutely safe.

polemdolah0

newbie

Activity: 70

Merit: 0

if now I still keep all the coins in Mew wallet, or trezor wallet because this is a very safe mode, because the wallet to store our coins is not easy for hackers heck this wallet, but we also need to divide our coins into several wallets , so the risk of losing everything at once will not be so great, but try not to show our password for this wallet.

traderethereum

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Quote from: copyfile on July 20, 2018, 06:51:47 AM

The first time I had my coins stolen, I immediately started to look for protection of other coins that I still had in stock. And I found a very good solution, this is the purchase of the so-called "cold wallet". A cold wallet is called a Ledger, which is not in constant contact with a computer or laptop, and the password is entered only by you manually and in no other way. For me, at the moment it is the safest solution to store your investment.

I have the same experience as you and this makes me move my coins to another wallet and finally, I use Jaxx, coinomi, and coin payment. but later, I will buy ledger which I can use to save many coins that I have. I know that the price for the ledger is too expensive but it is worth for me to keep my coins safety. besides that, this can help me to hold my coins for a long time and I don't have to be panic when the market is on the downtrends. but the weakness of ledger, we cannot send it instantly and we need time to send it to the exchange if we want to sell the coins.

Clairvoyance

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Perceiving events in the future and beyond

Learned this too the hard way. Most of my tokens that are from bounties are all in one wallet. I always check the site and scan my pc for malwares yet I got phished. Always keep your high value tokebs on different wallet preferrably an offline wallet. Don't flaunt your private keys and password in one folder.

ka4ok1331

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Activity: 546

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I always hold my coins in many different wallets. In this way I can save my self in case of losing something. But you should be careful where you store your private keys

Sony.UK

full member

Activity: 532

Merit: 103

Quote from: Adamant06 on July 20, 2018, 06:53:30 AM

I totally agree on that, holding your coins in multiple wallets are the best thing to do to avoid phishing. It might look complicated but it is a good way to diversify, because its easy nowadays for hackers to do their stuff.

Holding the multiple wallet is suit for long term holders. But right now many traders are involved in the Crypto investment so better placed in one wallet is good for buying and selling. This is technical world so hackers are always looking to your account so we only protect our investment. My suggestion is Google authentication is good for the wallet.

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