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Topic: Wallet safety? (Read 1780 times)

jr. member
Activity: 616
Merit: 1
October 31, 2018, 06:23:37 PM
It's possible to manage many wallets on a single pc depending on how careful and vigilant you are with your private keys and staying away from possible scammers.
member
Activity: 321
Merit: 10
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October 31, 2018, 04:47:53 PM
I think that you won't face any trouble if you use your device, either computer or phone. To my mind, it is not safe if using somebody's device because there are hackers who can discofer what is its number
full member
Activity: 518
Merit: 100
October 31, 2018, 03:36:48 PM
Is it safe to manage multiple bitcoin wallets from one pc?

It may safe if  you really secure it with strong passwords and key and also if your only the one using it. Its your responsibility on how you secure it because your the one to suffer if it is loose. Manage your account carefully.
full member
Activity: 476
Merit: 100
October 31, 2018, 05:13:34 AM
in my opinion the safest wallet for storing large amounts of bitcoin maybe you can save it directly on the blockchain or in coinbase because I also store the bitcoin that I have on the blockchain.
member
Activity: 322
Merit: 10
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October 31, 2018, 04:42:39 AM
Yes it is as long as you are very careful with that. It's only a matter of mistake that we made that give the hackers the chance to steal our digital assets. Your digital assets will be secure because once you also secure your wallet too.
newbie
Activity: 112
Merit: 0
October 30, 2018, 11:20:39 PM
A Bitcoin wallet is a digital wallet where Bitcoins are stored. ... The hacker can also hack your Bitcoin wallet by using old password backups. This can be done by creating a recovery program. So, even if the password is changed at frequent intervals, it won't promise that your wallet is safe.
newbie
Activity: 15
Merit: 0
October 30, 2018, 10:33:43 PM
If you want to keep more than wallet bitcoin on your computer, just make sure you have installed the password on your computer and not disclose it to anyone.
legendary
Activity: 1316
Merit: 1145
October 30, 2018, 05:29:24 AM
I'm not sure to save in some PC wallets. because PC damage is bigger. although in fact everything can be backed up. but I prefer online wallet. like blockchain, because it's easier to back up files. or on wallet hardware. like trezor and ledger.
jr. member
Activity: 154
Merit: 1
October 29, 2018, 06:54:53 PM
if you have installed two-factor on them. Authentication then it is certainly safe to use because no one will hack you.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
October 31, 2018, 04:49:53 AM
Is it safe to manage multiple bitcoin wallets from one pc?
Using multiple wallet in one pc is not good because once they hacked it they can steal all your cryptocurrencies. But you can use wallet in your pc and I suggest if you want to make multiple wallet you should use hardware wallet like trezor or ledger.
sr. member
Activity: 647
Merit: 255
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October 30, 2018, 09:53:33 PM
Is it safe to manage multiple bitcoin wallets from one pc?

It can be safe if you manage it right. You need to have a backup too. I still give a preference to a hardware wallet though it also has some cons. For me, multiple bitcoin wallets on one PC can be confusing. In the end, I will not remember what password is from what wallet.
hero member
Activity: 1540
Merit: 508
October 30, 2018, 08:46:14 PM
Is it safe to manage multiple bitcoin wallets from one pc?
It depends on how you manage your wallet and how you use the computer. You should manage them like cold wallets, alway disconnect from internet, update monthly and store the private keys carefully incase your computer has problem.
jr. member
Activity: 126
Merit: 1
October 30, 2018, 08:06:48 PM

You should look into cold storage wallets as well. At least you eliminate possible hackers and malware. Check out the other benefits here.
https://bitcoin.co.uk/page/benefits-using-cold-storage-wallet/

full member
Activity: 531
Merit: 102
October 30, 2018, 07:35:55 PM
Is it safe to manage multiple bitcoin wallets from one pc?

Maybe! But it is depends in you how you manage your accounts in one PC. Doing this has advantages and disadvantages. Using multiple account is one PC is good but if you doing this constantly make it sure you have a backup in other CP to make sure the security of your account once your main PC corrupted or lost.
newbie
Activity: 3
Merit: 0
October 30, 2018, 07:20:29 PM
If you want to still go the PC software path, then I'd suggest you treat the files like any other valuable files on your computer.  Back.them.up. Perhaps follow the 3-2-1 backup rules?

I think a reasonable solution for using cloud backup (e.g. Dropbox etc.) is to store your backup within a veracrypt image.
https://www.veracrypt.fr/en/Home.html

You get all the existing security of the cloud backup provider along with the pretty good security from veracrypt.
sr. member
Activity: 896
Merit: 267
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October 30, 2018, 04:21:19 AM
Is it safe to manage multiple bitcoin wallets from one pc?
Using multiple wallet will really able to help you to secure your cryptocurrencies and you can assure that it is safe if you store your password and private key in a safe place. If you have big amount of bitcoin you can use multiple wallet and it is safe using multiple wallet in one pc as long it doesn't any viruses.
hero member
Activity: 1148
Merit: 504
October 29, 2018, 10:11:41 PM
As long as you and you alone is privy to informations on your PC and privy to your PC's password,then I think you should be pretty safe with it, the thing is, most times big time traders/investors dedicate a particular device for storing informantions and wallets regarding their investments,if you sure have enough capital for that,its a rather safe bet.

But just know that whatever you do make sure you keep your private keys PRIVATE!!!
I agree, as long as your personal wallet info doesn't get lost you should be good, the most important thing to know is when you have your digital wallet don't ever ever loose your private key or else say goodbye to you wallet.
I myself use a lot of wallets to reduce the risk of theft, how many wallets you make, the most important thing is that you record the private key that you have and stored in a safe place, do not to forget the password that you have, until now I use a lot of wallets and very safe
newbie
Activity: 112
Merit: 0
October 29, 2018, 09:42:31 PM
The safest option is a hardware wallet which you keep offline, in a secure place. ... But, if you lose the wallet, your bitcoin are gone, unless you have created a clone and/or kept reliable backups of the keys. The least secure option is an online wallet, since the keys are held by a third party.
sr. member
Activity: 980
Merit: 253
October 29, 2018, 07:34:32 PM
I think that nana-S is still affordable so there is no excuse of having one and risking your hard earned money to a hacker. Even the most experienced in this blockchain technology can get hacked without hardware like the nano S which prevent sites from directly taking control with your coins.
jr. member
Activity: 229
Merit: 1
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October 29, 2018, 06:55:47 PM
Is it safe to manage multiple bitcoin wallets from one pc?
It will safe if you use hard wallet and I think multiple wallet is not ok because it will gives you troubled mind. Much better to have one wallet and use a hard wallet that have private passwords.
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