Thanks for giving me such a valuable advice to me.Now I am going to lock this thread.
Thanks a lot to all....
Topic: Best exchange to invest for the long terms, (Read 507 times)
If you are investing for long term, keeping your asset in an exchange or third party service is a very wrong thing to do. You should keep your coin in a place, wallet or cold storage where you could access your coin without third party. You must own and secure your private keys.
It is better to invest your bitcoins in those exchanges with a high volume of bitcoins and so many top ranking altcoins that is listed with.
there are some good places for long term investment I think binance is because I see binends have a very crowded market conditions so that the movement of coin prices there very quickly so suitable for the long term.
Your savings are best kept on wallet(s). But if you sometimes trade, then there are many options. Every exchange has its drawbacks and advantages. There is no perfect exchange. Personally, I use Binance, Poloniex and Bitfinex. Sometimes there is a need to use other exchanges (where there are coins that interest me). And sometimes you have to use some decentralized exchanges. But there in general, everything is sad ... in my opinion.
binance I think it's great for long-term investment market because binance is the biggest number 1 market and should have a very good security system.
The thing is that basically all exchanges are secure till proven otherwise, and as you probably can figure out yourself, no one wants to be proven otherwise with funds sitting in that specific exchange. In other words, we have to ask ourselves what secure actually means, and in what aspects an exchange is secure. Binance is more or less still a newbie in crypto land, so it's just a matter of time before something happens on their side that will shock the market. Don't forget that with their size, even a relatively smaller loss of coins (per ratio to their total holdings) will be huge in reality. Huge enough to shake up the market significantly....
binance I think it's great for long-term investment market because binance is the biggest number 1 market and should have a very good security system.
The thing is that basically all exchanges are secure till proven otherwise, and as you probably can figure out yourself, no one wants to be proven otherwise with funds sitting in that specific exchange. In other words, we have to ask ourselves what secure actually means, and in what aspects an exchange is secure. Binance is more or less still a newbie in crypto land, so it's just a matter of time before something happens on their side that will shock the market. Don't forget that with their size, even a relatively smaller loss of coins (per ratio to their total holdings) will be huge in reality. Huge enough to shake up the market significantly....
I preffer the binance too, becouse of intuitively understandable user interface and easy and fast transactions, liistings and whateer you need
Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.
Which one do you suggest?
Sorry to say that none of the exchanges are sure they are safe. If you are not a trader, do not make daily deals. I advise you not to put your money on the exchanges. That is quite dangerous. If you want to invest in the long term you should put them in the wallet, especially the wallet hardware, it is the safest wallet. None can steal your money. Which one do you suggest?
If a long-term investment such as a year is being considered, exchanges are not really reasonable. Many coins have their own wallet, as for tokens they can be stored in the wallet like mew or metamask. So the coins are always be within arm's reach and you will not have to trust anyone.
binance I think it's great for long-term investment market because binance is the biggest number 1 market and should have a very good security system.
Carefully keep the assets in the exchange wallet, let alone dalah long period of time. Now there have been many cases. The professional hackers are more interested in attacking exchange sites with the opportunity to take more assets of investors or traders only once hacked.
i think it is binance,poloneix,bittrex,you can buy and hold at this exchange,with me if i buy and hold for long time i like hold at my wallet and i will proctect my wallet,it is the most safe with my money,now 80% my money is store at my wallet,and i never log in except i sold out my money
I wouldn't consider any exchange for for the long terms investing. But if you insist look at the biggest one maybe Binance or Bittrex...depends which crypto assets you have.
Kraken is the best exchange way of bitcoins.
any exchange can become like that you used. wanna be sure - do not keep in exchanges. Do not be involved in crypto. Work.
Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.
Which one do you suggest?
Exchange is not meant for storing our coins so I never suggest you to do this,you need to keep your coins in a wallet ( Which gives you private key to access your funds ).Then your coins will be safe as long as you keep you private key safe.The hardware wallets are the best to store the coins in long term then other kind of wallets. Which one do you suggest?
Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.
Which one do you suggest?
Binance and Bittrex are two exchanges I trust. Their security system is very good and I think we should put all our coins there.Which one do you suggest?
This is the best way to keep our assets intact. In addition, its interface is very beautiful and easy to understand. I appreciated this, it helped me see things easier than ever.
Am now getting scared of the new exchanges. Both withdrawal I made didnt get through in 2 day, imagine if i need it urgently. It call for concern on the genuineness of the exchanges, Just in case they could not be withdrawn, poses a question of the security of the new exchange. There should be a check on those exchanges on not stolen .
Perhaps Waves DEX can be considered. I know the trading volume there is small but if only for trading bitcoin and ethereum, I think Waves DEX is a safe place.
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