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Topic: Wallet safety? - page 10. (Read 1775 times)

jr. member
Activity: 252
Merit: 4
October 19, 2018, 08:19:08 AM
#14
I don't see a problem having multiple bitcoin wallets stored on one PC. So long as you have insured the safety of your assets you can comfortably put them all in one place.

Some may argue that it's best to diversify should one or the other be hacked.
I don't see the need as long as you can maintain the top level of safety and security on one storage option.
brand new
Activity: 0
Merit: 0
October 19, 2018, 08:13:05 AM
#13
i think that just safe when you use one pc and that pc don't have virus. because the hacker can take advantage from that virus and hack your wallet
full member
Activity: 476
Merit: 100
October 19, 2018, 08:17:24 AM
#13
For safety reason it is not advisable to put all your egg in a basket. Using  a computer for all your wallet exposes you to a loss which will be colossal once the account or wallet  is compromised. So you have to keep some of your information in a separate place than having all of then lumped in one computer or any other storing system. You can still create your own off line data bank and kept it off the office may be at home. What is this offline data bank, mere personal journal can be your offline data bank where you will carefully write down your wallet address and safely keep it.
sr. member
Activity: 854
Merit: 252
October 19, 2018, 08:08:03 AM
#12
Is it safe to manage multiple bitcoin wallets from one pc?

I think that's fine, as long as you keep safe your private key, password, seed phrase word everything will be fine. Just always make some back

up then save also to your usb or paper wallet or cold wallet just like Electrum this was a good example wallet to store up your bitcoins mate.
full member
Activity: 564
Merit: 100
October 19, 2018, 07:35:48 AM
#11
I think that is possible. I do the same as you. As long as your PC is secure, with security, firewall. And above all, it's your PC that's not lost.
In addition, I recommend using MacOS, it will protect your wallet more secure than Windows.
legendary
Activity: 3514
Merit: 5123
https://merel.mobi => buy facemasks with BTC/LTC
October 19, 2018, 07:34:25 AM
#10
Yes,it's safe as long as you use strong passwords and keep your private keys.
You can change your current OS to Linux and download the Sandboxie software or a decent malware scanner program,like Malwarebytes.

This subject is important. The Linux operating system has no virus definition. In other words, it is safer than other OSs because the computer does not run viruses.

That's an urban legend: https://www.linux.com/learn/myth-busting-linux-immune-viruses
Linux is not immune to virusses, however it's security model is built in a different way than window's security model, next to this the amount of desktops running linux is smaller than the amount of desktops running windows (so a virus writer will be tempted to write a windows virus instead of a linux one because a windows virus can do more damage due to the amount of potential victims)

Also, AFAIK, both sandboxie and malwarebytes only have windows binaries available, it's no use to tell somebody to switch to linux AND use sandboxie or malwarebytes
sr. member
Activity: 1134
Merit: 342
October 19, 2018, 07:29:00 AM
#9
Yes,it's safe as long as you use strong passwords and keep your private keys.
You can change your current OS to Linux and download the Sandboxie software or a decent malware scanner program,like Malwarebytes.

This subject is important. The Linux operating system has no virus definition. In other words, it is safer than other OSs because the computer does not run viruses.
hero member
Activity: 3150
Merit: 937
October 19, 2018, 07:19:12 AM
#8
Yes,it's safe as long as you use strong passwords and keep your private keys.
You can change your current OS to Linux and download the Sandboxie software or a decent malware scanner program,like Malwarebytes.
sr. member
Activity: 569
Merit: 250
October 19, 2018, 06:48:35 AM
#7
I feel safe, just as long as you can take good care of the state of your device, keep your wallet in cold storage so that it is not easily attacked by malware or other viruses that might damage or steal your data, do maintenance regularly
full member
Activity: 336
Merit: 100
October 19, 2018, 06:45:08 AM
#6
I think yes, being a bitcoin investor I always wanted to be safe, especially my wallet. I always divide my bitcoin  send  many other wallets and save it to my computer. Such storage saves me time each time I want to check my wallet. I keep my password and send the necessary information to gmail.
jr. member
Activity: 238
Merit: 6
October 19, 2018, 06:40:49 AM
#5
Is it safe to manage multiple bitcoin wallets from one pc?
There are always risks if you use a wallet on a PC that is used to surf the Internet.

I recommend buying a separate tablet computer, only for cryptocurrency wallets.
member
Activity: 251
Merit: 20
October 19, 2018, 06:34:21 AM
#4
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.
legendary
Activity: 3514
Merit: 5123
https://merel.mobi => buy facemasks with BTC/LTC
October 19, 2018, 06:27:06 AM
#3
I'm a longtime member, and even i have 3 or 4 electrum wallets on my PC (i seldomly use them tough, i've switched to hardware wallets a long time ago)... I guess it all depends on you:
  • Do you run a recent version of your OS
  • Do you download unknown programs from unknown sources
  • Do you open email attachments
  • Do you have a recent firewall installed
  • Do you have an up-to-data virusscanner
  • Do you install OS updates/patches on a regular basis
  • Do you tell other people you hold BTC?

In general, if you keep a small amount of BTC on a pc with an up-to-date OS, virusscanner and well configured firewall, and you don't install unknown programs or open unkown emails, you should be relatively* fine... Even if you have multiple wallets on your pc.
There is a bit of a discussion about which OS is the safest. Personally, i think that *nix OS's are safer out-of-the box AND are safer if they're hardened by a seasoned user. But in case you don't know anything about *nix and you do have some experience managing windoze boxes, you might be better off sticking to microsoft products instead of trying to configure an OS you're unfamiliar with...

If you hold a bigger value in crypto currencies and/or you don't think you have the experience/will to run a tight system, you might be better off with one of the following methods:

  • A hardware wallet
  • A properly generated (bip38 encrypted) paper wallet
  • An (encrypted) offline/cold wallet on an airgapped PC

*relatively fine: in the past, security flaws have been found in popular, opensource wallets... So as long as you run your wallet on a pc that is connected to the internet, you're never 99.9% safe.
member
Activity: 154
Merit: 24
The future of security tokens
October 19, 2018, 06:21:36 AM
#2
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!!!
newbie
Activity: 22
Merit: 0
October 19, 2018, 05:36:28 AM
#1
Is it safe to manage multiple bitcoin wallets from one pc?
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