Topic: Don't hold your coin on exchange for long time. - page 8. (Read 1563 times)
are there any examples of the recovery of funds stolen from exchanges or they are gone forever. It is just so easy to hack an exchange and then you hear nothing from them, so where can we know if the hackers are not the ones that own the exchanges ?
This is more than true, i have already lost a lot of money on Bittrex because of that, they stucked my withdrawal and i could never withdraw my coins in there (aprox 50 NEO)
If you are going to hold your coins on exchange youo must activate 2FA and disable all API communication.
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Probably its a great advice. Its better to be safe than losing your money. We have to be more secure if we can save in our personal wallet.
but I think it's safer to keep a coin in an exchange wallet because its security is stronger and has a more ordinary value seeing the change in coin prices in grip
God help you when something ends up affecting the exchange. The thing with exchange is that it is easy to have your funds stashed up in the same spot, but one thing is that you have no control over them since you do not have any private key to any of the wallet and that makes you more like not having anything at all. In a situation where there is a powerful hack that affects the exchange, you are definitely going to be losing your funds, just like what happened to the likes of MtGox. 
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
It's not really a good idea to put all your coin in an exchange specially if you plan it to hold for long term but I think people still prefer putting it in exchange because its convenient when you badly need to sell your coin its a risk to take and I think people are already aware with the consequences.Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Well is not advisable for one to hold his or her coins on the exchange because the exchange can be hacked at any time or the withdrawal of the particular coins you are holding can be put on hold for reason best known to exchanger operators.
I think of putting the crypto coins in your own personal wallet to be much better thing than that of the exchange as it is more secure option. The only thing which you need to do is that you must look for some strong wallet as there are so many scammers which are having a close eye on your coins and that you can get into any kind of trouble too if you don’t take care of your coins and wallet yourself. 
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
In a market that is constantly changing and unpredictable at the moment, it is very difficult to trade successfully. You can see that the price of bitcoins in recent days is constantly changing and difficult to predict. Therefore, the long-term investment risk will be very high, the market is in a bear market in the long-term so bitcoin prices may continue to fall deeply in the past days and can not recover.Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
And oh speaking about storing coins on an an exchange for like a month or so it's really a bad idea , no matter how high the trading volume there , online things always vulnerable, scam attempt always there , better to keep moving your coins from an exchange to another .
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Holding your coins on exchanger is fine but the only problem is that, if the problem occurs in their own system then your coins might be stolen from you and that is the reason why i prefer placing it into the wallet.
If price will be low don't exchange. If want to exchange wait for the price increase. Then exchange. Most of the people mistakes this. Don't pan wait for the price increase. If need for the price information check the market place price. Time is important for exchange the bitcoin. So price increase time sell it. Bitcoin is future currency. Just hold the coin. If need any emergency before you sell it.
agreed that's why i prefer decentralized exchanges dex
You are right, its good to hold coin in personal wallet when someone want to hold coin for long. Those that can keep their coin on exchanges are the day traders because they buy and sell on daily basis.
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
So, I think that at a time when you should not invest in the long run, you can see that bitcoin prices in the past few days have been falling sharply and it is hard to recover at present. Long term downside. Therefore, you should only trade short term by day and always have a specific trading plan to minimize risk and maximize profits. Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
yes you should be right for all of you who read this better you do not keep the assets of cryptocurrency in exchange because it will be very high risk, the assets you have may be stolen by the hacker even the founder of the exchange place, to avoid that risk then you should not keep assets in exchange.
i havent heard about any hacks on bittrex, bitfinex or bitmex for example. so i think you have to avoid scam exchanges and that`s all
eth wallet will have any problem? I'm keeping my investment eth wallet 
I'm not holding them even for a one day, I'm using an exchanges only in order to trade my coins, and then I am always withdrawing my coins from them instantly.
I think your actions are too paranoid, how do you trade in 1 day?daily trading at least 3 days and long-term trading takes longer. you have to keep it for a while.
make sure your exchange is secure, and avoid trouble exchange.
yes I stuju with you can be seen lately MERCATOX also hacked but I was lucky my coin in it is still safe and I immediately sent my coins to my own wallet
You see as per most other people's experiences. Exactly what we are saying and even when sending to wallet, it is always better when using a decentralized wallet that at least gives you your private keys which you can store somewhere private.Until we start having better decentralized exchanges with much liquidity and easy to use, then there is nothing safe with keeping funds in centralized exchanges. Although now, a lot of security features are available on these exchanges which at least gives one peace of mind, but it is always better to be safe than sorry.
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
I think you should not invest long term at this point, you can see that bitcoin prices in the past few days are constantly fluctuating and difficult to guess, the market is showing signs that will continue to fall deep when prices bitcoin is constantly adjusting. According to my analysis, the bitcoin price will probably be about $ 4,000 in the coming days, so long term investment will be very high. Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
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