Topic: How many bitcoin wallets do you have and why ? - page 5. (Read 9048 times)
iam use electrum wallet because is fast syncronize
Just one really and it's a Coinbase wallet too. I know it's probably not the wisest setup but I like to have all of my stuff in one place, it's just too much of a headache to keep track of tons of different accounts. And for me an online wallet is the obvious choice because again it makes things simpler, I don't have to keep track of my private keys or remember to bring my local wallet with me, I can access my Bitcoins from any computer anywhere in the world without having to download and install anything 
Something around ten, for safety reasons.
I am using only blockchain.info wallet as I don't find any need to have multiple wallets at a moment as the number of coins I am holding for that I think one wallet is enough.
The problem with this thought is your holding all your coin's in a hotwallet. This can end bad if there is ever a security breach, granted blockchain.info has good history but still you should use cold storage depending on the amount. A properly done paper wallet can have a huge security advantage over a hot wallet.
So if you are storing any sizeable amount I would re-think that idea. Possibly investing in hardware wallet which in case of say Trezor are easy to keep secure for most. Or looking into mentioned paper wallet as they really are secure if done right, and the key is done right one security issue on computer when creating it can defeat all paper wallet security if key/seed is compromised.
I am using only blockchain.info wallet as I don't find any need to have multiple wallets at a moment as the number of coins I am holding for that I think one wallet is enough.
are not required to use a lot of wallet, but you yourself will know, when it's time you will be using several wallets.
after you do not become a beginner, you will realize when you really need to use a lot of wallets
after you do not become a beginner, you will realize when you really need to use a lot of wallets
I have few bitcoins in my wallet i think below 1 btc because i spend some of my bitcoins in promoting a page which is marketing affiliate from amazon..
I am earning good there but the earnings are in usd to paypal. but very useful that i can use bitcoin for promoting it using some bots like senuke gs ranker and scrapebox i am paying for automated death captcha. to automated promte my page..
But some of my bitcoin use in trading because its really my hobby to watch my trading status..
I am earning good there but the earnings are in usd to paypal. but very useful that i can use bitcoin for promoting it using some bots like senuke gs ranker and scrapebox i am paying for automated death captcha. to automated promte my page..
But some of my bitcoin use in trading because its really my hobby to watch my trading status..
i had use blockchain wallet with several different address and also i had save 10% all of my bitcoin into exchange even though i have fully control for my bitcoin but i don't trust 100% for online wallet and that's why security is the main reasons why i use several wallet
I too have a blockchainwallet. Yet to earn but have set ready with a wallet required for a campaign to pay. We have other bitcoin wallets as well. 
Its better to have multiple wallets to minimize the risks, generally I store majority of my coins in desktop wallet and very few in online wallet, I am using multibit and blockchain wallets.
Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?
People most likely do it for more privacy, eg, People can not see how many BTC you have, it also adds another layer of security, If someone hacks your wallet, you still have your backup-wallets. 
I personally use several renowned bitcoin wallet, because I do not think there are things that can be trusted in addition, we ourselves manage. And to avoid the things that I do not want, I split my bitcoin, into some of the wallet providers. Although it makes me have to pay a lot of fees if the transaction, but it's worth it when considering safety. And if one wallet closed, I just lost a few percent of the total bitcoin I have. IMO
i had use blockchain wallet with several different address and also i had save 10% all of my bitcoin into exchange even though i have fully control for my bitcoin but i don't trust 100% for online wallet and that's why security is the main reasons why i use several wallet
I like trying new online wallets for use on smartphones so have probably downloaded most of them and then deleted the ones i don't use.
Other than that i have 2 wallets i use regually and if you are also talking about paper wallets then i have heaps of them, must have about 50 all printed laminated and ready to go.
Other than that i have 2 wallets i use regually and if you are also talking about paper wallets then i have heaps of them, must have about 50 all printed laminated and ready to go.
Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?
It's not necessary to make multiple bitcoin wallets. In some cases you can have a mobile wallet, desktop wallet and cloud wallett.
I have an electrum desktop wallet which I store 0.1BTC on which is kept fairly safe and the see is stored in a separate location.
I also have a coinbase wallet of 0.07BTC which I use to be a "hot" and active wallet which covers transaction fees so makes it easier to move funds to different online wallets.
For a beginner, I'd suggest picking blockchain.info or coinbase.com for storing your bitcoins (as you probably won't have many to store).
For now i stop using online wallet because of experiencing delay and pending.. its a coinbase that i thought are giving a good service right now i changing my wallet into electrum it is better to me to use right now its more giving me a good features like sign message unlike coinbase right now they are remove sign message and you can make a sign message in their site..
my wallet use two
wallet online blockchain because complete feuture impor export wallet
wallet dekstop electrum because not syncronize or syncronize very fast only several minute
wallet online blockchain because complete feuture impor export wallet
wallet dekstop electrum because not syncronize or syncronize very fast only several minute
I have more faith in desktop wallet so I am using multibit at a moment as I found it very safe and when I have to transfer bitcoins to my bank account, I transfer by btc to localbitcoins wallet.
As of now im using 2 wallets and im using them for different purpose because my other wallet serves as an investment wallet which all earnings on my investments goes to that wallet and my other wallet is for my personal reasons. It really depends on a person on how many wallets does he want to make it depends on his purpose.
I have 2 wallets at a moment, I am getting my earnings in my blockchain wallet and when I have to sell them and convert it to my local currency then I transfer it to my localbitcoins wallet.
I have multiple wallets , because i like to diversify my coins between more than wallet. But in the same time i prefer using Blockchain wallet more than the others.
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