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Topic: Myethwallet - page 2. (Read 544 times)

newbie
Activity: 140
Merit: 0
April 14, 2018, 02:49:54 AM
#25
Whatever wallet you want to store your coins all aren't secure for it is vulnerable.
Secondly you should take charge strictly of private keys. Much better don't put everything in one wallet to make sure incase there will happen still you have some not all gone.
sr. member
Activity: 952
Merit: 250
April 13, 2018, 08:53:47 PM
#24
Yes it's good im using MEW for storing all my erc20 tokens for a long time and never had a problem just keep your private key safe and always chech the MEW website before importing your private key
jr. member
Activity: 112
Merit: 1
April 13, 2018, 08:45:37 PM
#23
Your private key doesn't leave your ledger so using the MEW website thru browser support on your ledger is fine. Always make sure you have the latest firmware installed on your ledger as they address security issues and update minor things.

Putting your coins in a different wallet is the best strategy to prevent losing your money in one time. The important is keep your private key in a safe place because hackers always find ways to harm you by hacking your private key and get your money in your wallet. We must be careful on this because making money is not easy.
jr. member
Activity: 140
Merit: 8
April 13, 2018, 08:17:04 PM
#22
Your private key doesn't leave your ledger so using the MEW website thru browser support on your ledger is fine. Always make sure you have the latest firmware installed on your ledger as they address security issues and update minor things.
newbie
Activity: 70
Merit: 0
April 13, 2018, 08:09:35 PM
#21
I would suggest you that don't put all your digital currency in one digital wallet. Spread it as long as you can. Myetherwallet is secure and safe but as i say spread your digital currency for more safety.
member
Activity: 336
Merit: 10
April 13, 2018, 08:05:02 PM
#20
MEW is still fine if you want to store large amount of cryptocurrency in this wallet. I'm also using MEW to store all my ETH and token for months and until now everything still fine while a lot of other people said that they lost their cryptocurrency by holding in MEW Smiley). I'm not using ledger but everything still fine but it'll be much better if you have ledger for your MEW.
member
Activity: 190
Merit: 15
April 13, 2018, 08:01:18 PM
#19
That's fine. Read MEW, that's all written there. MEW is not a wallet, it's just an interface. Your money is stored on the Ledger and you use MEW just to access it.
newbie
Activity: 84
Merit: 0
April 13, 2018, 07:56:33 PM
#18
Diversifying risk is very important. I will not keep everything in one place.I would prefer hardware token.
I guess MEW is good but more options needs to included like option to change password !! n alert system for all transactions ( in & out). Things needs to be more secure. Currently one alert for in is coming as email.
sr. member
Activity: 686
Merit: 250
April 13, 2018, 07:51:49 PM
#17
Is this good to store large amounts of crypto on if you use the ledger to unlock it?
No! I think! Web wallet only for daily used! For bid amounts need other methods to store it
legendary
Activity: 3108
Merit: 1029
April 13, 2018, 07:47:44 PM
#16
Is this good to store large amounts of crypto on if you use the ledger to unlock it?
Yes it is, That means if you are stored your amount on your ledger wallet and not in the mew wallet. Remember if you are syncing your ledger to the myetherwallet and you are not keepo your amount in your myetherwallet. I guess you should read more about that and it's very safe.
jr. member
Activity: 104
Merit: 1
April 13, 2018, 07:33:48 PM
#15
In my opinion, as long as you can keep the private key premises safe, as long as it's yours is also safe. I suggest never access myetherwallet from any links you get in email or elsewhere. Because it could be one of the forms of fishing to steal a private key when you login into myetherwallet.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
April 13, 2018, 07:12:13 PM
#14
You should remember one thing is only to store crypto on MEW when you trade often. If you invest for a long time, hold for at least 6 months, then buy a hardware wallet like Ledge Nano S for crypto storage because this form is very safe for the amount of your crypto. MEW is just an online wallet and can be hacked at any time.

MEW is a "online wallet". Your keys are saved by you, so if you upload them while the site is hacked or from a hacked computer than you could lose your coins. But if the site gets hacked and you don't upload your keys you are likely fine.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
April 13, 2018, 07:06:23 PM
#13
You should remember one thing is only to store crypto on MEW when you trade often. If you invest for a long time, hold for at least 6 months, then buy a hardware wallet like Ledge Nano S for crypto storage because this form is very safe for the amount of your crypto. MEW is just an online wallet and can be hacked at any time.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
April 13, 2018, 07:02:06 PM
#12
It is different for everyone. I wouldn't keep 100% onto anything. Like if you have $50k invested, I would put $25k on two different hardware wallets.
jr. member
Activity: 238
Merit: 7
April 13, 2018, 06:51:08 PM
#11
Is this good to store large amounts of crypto on if you use the ledger to unlock it?

If you use ledger hardware wallet then you are absolutely safe & hardware wallets are recommended to store crypto in large amounts. As it will protect your cryptocurrencies from malware if present in your computer that intends to steal your private keys & from phishing websites too. Just keep your seeds in a safe place even your hardware wallet gets damaged/lost you can restore your cryptos in new ledger wallet via seed phrase.
jr. member
Activity: 238
Merit: 6
Blockchain the world!
April 13, 2018, 06:06:50 PM
#10
yes it is - use ledger, stay safe Smiley
full member
Activity: 336
Merit: 100
April 13, 2018, 05:55:30 PM
#9
Is this good to store large amounts of crypto on if you use the ledger to unlock it?
I think this is one of the best wallets. It is very difficult to hack and it is convenient
hero member
Activity: 3080
Merit: 603
April 13, 2018, 05:54:11 PM
#8
Is this good to store large amounts of crypto on if you use the ledger to unlock it?
This is just a small correction, since there are too many phishing sites that are linking to this website with a very few difference in spelling. Myetherwallet is a good place to store your ETH and ERC20 tokens but if we are talking of large amount here I'll agree with what topchiiy86 said. You should put it with different places and it's better to put that large amount in an offline/hardware wallet. But if you'll remain using MEW, make sure that you won't publish your private key online or store it on your email or cloud storage.
hero member
Activity: 742
Merit: 500
April 13, 2018, 05:52:20 PM
#7
The point is don't put all your eggs in one basket spread them if you won't lose them all. I'm advising you to not put all your coins in one wallet you can save them in several wallets even though ledger is a good one. There are so many cases out there, people lose their coins because of their carelessness. Do not forget to back up and protect your private key so if something bad happens with your wallet, your coins will be safe.
full member
Activity: 882
Merit: 100
April 13, 2018, 05:50:19 PM
#6
I love Mythwallet and I use Mythwallet.I think Mythwallet is very safe from other wallets.Then is a compulsory to use Mythwallet for the Bitcoin Forum. The majority of people are using Mythwallet. And most of the people need Mythwallet to collect various tokens.And the private key is used in Mythwallet, which is impossible to hack.
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