Should I send my coins to a new address?

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I have been dollar cost averaging for a few years and always transferred the coins out of the marketplace and into my Electrum wallet right after purchase. Always into the same address.

Two or three times, I have sent some amounts from that address to another address.

I keep hearing that you should never spent twice from the same address, so am I at risk now?

Could I simply send the whole stash from that address into another unused one in my Electrum wallet?

Also: If this is such a concern, why does Electrum even allow me to spend twice from the same address. What would I need to do if I have 100BTC in address A and I want to send 1 BTC to a friend's address B?

submitted by /u/mbrochh
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $28134.44 USD  (via Coinbase)
1 ETH = $1911.38 USD  (via Coinbase)
1 LTC = $90.96 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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