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 ?
First make sure you understand the difference between a wallet[1] and addresses[2]. You can have as many wallets as you like. You dont have to though. I have a main wallet, one on the phone, one on my laptop, an escrow wallet and another one on an offline system. Each for a different reason. The offline system is for long term, high security. The main wallet is for day to day transactions. The phone wallet is used when I know I will be able to pay with bitcoin in a store or trade face to face. The laptop wallet is somewhere between the main wallet and the phone wallet. The escrow wallet is solely used for funds I hold for someone else. This is mainly because I dont want that to get mixed up. I could do it within a wallet, but its easier that way.
[1] helps you secure and organize private keys
[2] are derived from the private key and used to receive bitcoin