Topic: Hold your coins in multiple wallets - page 4. (Read 4834 times)
Well, we can say that the basic rule of investing is to store on different wallets in the crypto currency very often when hacking wallets , so I would still keep part of the money on the exchanges
To keep all the coins in one wallet is a certain risk. One wrong move and all the work, effort and all the time spent, just disappear. The only right decision is to keep coins in different wallets.
I think it's better not to store it in only one place. because if our funds are taken, then it is likely that everything will sometimes disappear. therefore we do not store in one place.
This is a good solution, to which I also reached after stealing money that was hold on one wallet, I also try not to download unnecessary applications.
To keep all the coins in one wallet is a certain risk. One wrong move and all the work, effort and all the time spent, just disappear. The only right decision is to keep coins in different wallets.
I think it's better not to store it in only one place. because if our funds are taken, then it is likely that everything will sometimes disappear. therefore we do not store in one place.
I agree with you, and so I have a few wallets to protect myself from losing coins if the wallet is hacked.
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 store all my data on a computer that I don't connect to the network. I believe this is the most reliable way to store important data. 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?
Sorry for your loss. I am feeling sad while reading that kind of posts. Coins are really important for us .Yes i agree with you we need to hold our coins in multiple wallets. For example i have more than 25 ethereum wallet and i am holding my coins in these wallets . Also i am not storing my private keys in one place.
It is better to securely protect one wallet. To hold, I've allocated a secure wallet.
To keep all the coins in one wallet is a certain risk. One wrong move and all the work, effort and all the time spent, just disappear. The only right decision is to keep coins in different wallets.
I think it's better not to store it in only one place. because if our funds are taken, then it is likely that everything will sometimes disappear. therefore we do not store in one place.
I always keep my coins in a few wallets. Firstly, it is more convenient to trade them, and secondly, they lie on the wallets of exchanges, which allows you to quickly buy or sell them, since you do not need to wait for a long transaction to add coins to the exchange. And thirdly it's safer
It is best to keep the main assets on offline wallets or on cold hardware wallets, you can also use the MevConnect application, which turns your mobile into a kind of hardware wallet.
To keep all the coins in one wallet is a certain risk. One wrong move and all the work, effort and all the time spent, just disappear. The only right decision is to keep coins in different wallets.
If the amounts are small-you can store your coins on cold multi-currency wallets.
If you invest a lot and fear for your money-it is better to create a separate cold wallet without access to the Internet and information on the computer.
If you invest a lot and fear for your money-it is better to create a separate cold wallet without access to the Internet and information on the computer.
Personally, I prefer to keep my money in different wallets, while I use different wallets for different activities, one for bounty, others for receiving payments for services, and others for long-term storage.
Even in fiat the best thing to do to keep our money safe is to deposit it in different bank so that it will not simultanously lost if problems occur like bankrupting or account steal, so its like our crypto assets that we should not store all our tokens and coins in one wallet because in one false move we can loss it in a glance since hacker and internet theft are scattering over the net.
The best way to minimize risk in the crypto world is to divide your investments for different sources. In my opinion, waiting for a single source is an invitation to hack.
Personally, I prefer to keep my money in different wallets, while I use different wallets for different activities, one for bounty, others for receiving payments for services, and others for long-term storage.
Are you exposed to phishing? I admit it's a very deceptive trap. one of my ways to ward off phishing, to secure my coins is to bookmark the browser for wallet sites. from here can secure the private key to does not leak when used
In fact, phishing attacks by many users today are a common type of fraud. But it seems to me that in most cases it is necessary to blame the problems of the users themselves, because due to inattention, this type of fraud becomes more and more relevant.
We need to maintain multiple wallet to maintain our crypto coin in different exchange in their wallet for holding the coins as well as safety and security point of views. I have treasurer to maintain and holding of my coins in multiple wallet for security purposes. Because if the exchange not ensure enough security and safety features then its our duty then not to be holding coins such exchange.
Are you exposed to phishing? I admit it's a very deceptive trap. one of my ways to ward off phishing, to secure my coins is to bookmark the browser for wallet sites. from here can secure the private key to does not leak when used
Most likely you are right and you should not keep all your coins in one wallet, so if you break in, you lose less!
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