Topic: Is it safe to keep all your Bitcoins in one wallet? - page 2. (Read 3584 times)
i would not suggested to keep all of our bitcoin in one wallet because if something bad happen then we can loss all of our bitcoin, so better to spread your bitcoin into many wallet and don't forget to activate 2FA. don't put all your egg in one basket.
first of allyou should explain what type of bitcoin wallet you are using so it can give us a clear review to decide on. anyway i am using a android wallet and an desktop wallet. and i trust both of them even if dont have the full network control i mean i am not downloading the full blockchain network but yes its safe and maximum level of security is there
Well, it's best to keep your Bitcoins in cold storage and hardware wallets, but if yiu do wish to keep the online, so that they can be accessed easily, i'd suggest, use the blockchain ONLY! It's the most hack proof of all. And why not keep them in one wallet? Hacking is almost impossible nowadays with the kind of security Blockchain uses...I have studied it, the protocols are pretty secure and it's pretty hard to crack.
It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
Is there any posibility that one wallet can be corrupted somehow? and then what will the CEO gonna do with the bitcoins? i think it save automatically into his wallet? And yeh it depends on how good he is managing different accounts of bitcoin wallets and for me i always printing important things and information regarding on my bitcoin wallet.In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
A wallet does not simply get corrupted, it can get hacked or someone can forget the password if he is using a web wallet, and in that case if you have not saved your recovery phrase and you also don't have your private key then your bitcoins will be freezed their and no one will have access to them unless someone hack your account which i don't know if possible or not.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
I'm keepin mine on blockchain.info without 2FA, and didn't have any issues at all, altho I'm keepin small amounts. If you have high amounts of btc, you'd be better off with a cold storage.
I also keep mine on blockchain.info and I believe that it's really secure, but depending how many BTC I had I would put all my eggs in one basket.
As we have seen in the crypto world hacks and security issues happen ALL THE TIME. The only real way to keep your BTC safe is with an offline wallet. If you don't have a ton of BTC its probably not worth the hassle though.
It would really not worth for the hassle if you only posses only small amounts of bitcoin , then you should not bother yourself about choosing and deciding how many wallets you should used because its still useless thing. You would really need to ask these things if you do have huge amounts of bitcoins, as same on other members said here better to put up those bitcoins on a cold storage and just impart only a small percentage on your hot wallet.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
I'm keepin mine on blockchain.info without 2FA, and didn't have any issues at all, altho I'm keepin small amounts. If you have high amounts of btc, you'd be better off with a cold storage.
I also keep mine on blockchain.info and I believe that it's really secure, but depending how many BTC I had I would put all my eggs in one basket.
As we have seen in the crypto world hacks and security issues happen ALL THE TIME. The only real way to keep your BTC safe is with an offline wallet. If you don't have a ton of BTC its probably not worth the hassle though.
If you have a lot of Bitcoins, it is good to have a couple of wallets, both hot wallets and cold wallets, hot wallets for daily using of your bitcoin and cold wallet for large storage of your bitcoins.
You can always add funds from your cold wallet to your hot wallet anytime, but problem is you need to store all your wallet recovery phrase well in case you forgot your password and lose access to your bitcoins.
You can always add funds from your cold wallet to your hot wallet anytime, but problem is you need to store all your wallet recovery phrase well in case you forgot your password and lose access to your bitcoins.
It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
Is there any posibility that one wallet can be corrupted somehow? and then what will the CEO gonna do with the bitcoins? i think it save automatically into his wallet? And yeh it depends on how good he is managing different accounts of bitcoin wallets and for me i always printing important things and information regarding on my bitcoin wallet.In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
I think ther is no program out there that can actually break into your wallet and steal the coins you own.
With corrupted I mean that somebody gets hold over your login details. That can happen if the computer has some sort of virus on it that logs your key strikes.
It's the same with the printed version. Pictures are taken relatively fast these days with every smartphone.
Once the coins are out of your reach, they are lost for ever.
It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
Is there any posibility that one wallet can be corrupted somehow? and then what will the CEO gonna do with the bitcoins? i think it save automatically into his wallet? And yeh it depends on how good he is managing different accounts of bitcoin wallets and for me i always printing important things and information regarding on my bitcoin wallet. In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
It depends on how good you are at managing different account.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
In case you are a little absentminded and put the list with your passwords in places you forget them, or match the passwords to the wrong wallets, it might be a good decision to make it as easy as possible.
And that would mean having just one wallet where everything comes together.
Of course, if that one wallet is corrupted somehow, everything is gone.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Ofcourse blockchain is the safest bitcoin wallet in internet that most people uses nowadays to store there bitcoins or there earnings from trading and gambling blockchain is very safe not only to have 2fa activiated but also the key or username of your account will always send it to your email address.
I wouldn't recommend storing all of your Bitcoin in an online wallet as it is very insecure. Only store small amounts on an online wallet and make sure to change your wallet address frequently to increase security. However, there is not problem with storing it in a cold wallet.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other walletsnot really safe to store coins in blockchain.info as that is an online wallet if you asked me, we will never know if the site goes down without any notification to its users, can you say that is safe? even blockchain.info last forever, there is still a risk you will get hacked or lose your 2FA device. safe is when you have full control over your private keys and having backup of it
Offline cold storage wallet is going to be the only thing that is totally safe.
Depending on the amount you are talking, its probably fine to store in an wallet like Electrum etc.
Be sure to find a wallet that lets you keep permission of her private key.
Least secure is the exchanges.
You can enable 2FA so ono one can get in without using an app on their cell phone,
but you don't control your private keys, and if someone finds a security hole in the site they may rob the entire exchange.
And there is no FDIC insurance to replace your money if it gets stolen.
Depending on the amount you are talking, its probably fine to store in an wallet like Electrum etc.
Be sure to find a wallet that lets you keep permission of her private key.
Least secure is the exchanges.
You can enable 2FA so ono one can get in without using an app on their cell phone,
but you don't control your private keys, and if someone finds a security hole in the site they may rob the entire exchange.
And there is no FDIC insurance to replace your money if it gets stolen.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other walletsIt is not about buyin/selling Bitcoins via exchange, it is about storing all Bitcoins. Stories about exchanges hacks are starting from Mtgox, and you can be sure that anyone who lost money through such hack, never more hold coins in online wallets.
The only 100% safe method to store your coins, is cold wallet with strong password.
Yes it is. But you still need to be secured enough. You need to keep your systems well secured with iutlines given by ghe creater. More google search finders tend to notice the URL once they start fròm sining in. I happened to experience these kind of issues. It lead me loose around .05 btc
according to my experience has been that using blockchain.info and have added 2FA highly secure 100%, never lost.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.
Online wallet also quite good to have your bitcoins. However, sometime if you log in by google search, You need to get scammed these kind of situations. Better try to use the desktop wallet or cold storage to have your bitcoins with better safety.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other walletsMany forum users say that it's not safe, because it's an online wallet and we don't have control over our private keys. But I agree with you that is good to use a exchange or wallet from our country, it's easily when we want to exchange the bitcoins into our real money.
according to my experience has been that using blockchain.info and have added 2FA highly secure 100%, never lost.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.
but I suggest if the store in a very large amount, it is better to divide with some cold wallet.
Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
Yes 100% but if you are not sure restoring or holding your bitcoin wallet in one wallet like blockchain.info you can find some good bitcoin wallet and if there's an bitcoin wallet that based on your country it is really good when yo uare using it , it makes your transaction more faster than other walletsMany forum users say that it's not safe, because it's an online wallet and we don't have control over our private keys. But I agree with you that is good to use a exchange or wallet from our country, it's easily when we want to exchange the bitcoins into our real money.
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