Topic: Holding coins - page 10. (Read 2353 times)
Holding coins is the most important decision we make. even a little or a lot of coin cape just in good condition of your wallet and for sure it really is you need to use the private key. usually holding this long term or short term yet is absolutely secure all the time passed. It's important that you choose the right wallet, with the right coin and above all, you earn a real profit value.
in my opinion it is better to save your coins in offline wallets such as ladger and others because it is safer than holding in a market that is at risk of getting hit with some time ago it was crowded with market hackers
I have about 200 different cryptocurrencies in my portfolio and I store them in various places, both on exchanges, if I need an amount for trading, and on online wallets, I have not yet tried cold storage
Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Never store all your coins in exchanges, just put enough funds for your trades but to those coins that you just plan to hold for a long time, store it in wallets where you can hold the private keys. Ledger Nano S and Trezor is a good option but, don't be a cheapskate and buy a used one, buy a brand new one for security.do really have the tendency of getting hacked and loss all of your holdings. Look at the long term hodlers as of these days and prefer which wallet they have been using up.
Always make sure that your money is in the right place and not on the untrusted exchanges. Please do note that once you’ve lost that money, it will be forever gone so learn how to protect your money. Storing your coins should be in place, and you have to make extra effort to protect it because a lot of scammers are just waiting for a fish to catch.
Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Never store all your coins in exchanges, just put enough funds for your trades but to those coins that you just plan to hold for a long time, store it in wallets where you can hold the private keys. Ledger Nano S and Trezor is a good option but, don't be a cheapskate and buy a used one, buy a brand new one for security. Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Its better to have hard wallet that can protect your coins but if you want to trade, you have no choice but to put your money on their storage (exchanges), so make sure that you are using great exchange. Wallet security is very important, know how to protect yourself from the scammers or you will be scammed later on. Security is the main concern of the investors and that is why they only put their money on the most trusted source of wallet. I choose to store my coins in wallet which I control the private keys. I rarely store my coins in exchanges, unless the amount is small and there is no point paying for the withdrawal fees.
Aside from storing your coins in a safe wallet you should also keep your private key and password in a safe place because some people might stealth it. I do not store any coins in a exchange and I just put all my coins in trusted wallet like myetherwallet.Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
keep the coins that you have purchased better on cold wallets and with private key.scammers do not sleep and try to deceive everyone and force the client to send money or coins or they can do it and kidnap. 
I choose to store my coins in wallet which I control the private keys. I rarely store my coins in exchanges, unless the amount is small and there is no point paying for the withdrawal fees.
Aside from storing your coins in a safe wallet you should also keep your private key and password in a safe place because some people might stealth it. I do not store any coins in a exchange and I just put all my coins in trusted wallet like myetherwallet.
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
But, OP is not asking about whether holding or not. He is concerning about where to store his coins.to prevent losses, there is only one method, "HOLD"
Coming back to your statements, why holding is not the best way ? I believe you are contradicting yourself within your statements. First you are saying holding is not the best way but later you are saying that to prevent losses holding is the best method. It is totally confusing.
Holding must be the best method for preventing losses as well for profiting the maximum. But, to hold we must have safer storage wallets and methods. There will be no meaning of storing/holding your coins where your wallet is vulnerable for hacking/stealing.
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
to prevent losses, there is only one method, "HOLD"
No one do this actually because people invest their money to have profit and they will surely sell id they find that holding more is useless. I think if a person use to buy then he will have to hold until the price become bigger than he bought his coin. For me holding actually works in red market days and holding is preparation for green market selling.
Actually there's no need to choose , because indeed it up to us how to prevent such hacking and etc. In fact even though we have a very secured wallet there is still a tends hackers can brute force our wallet. Which is much better to be aware and stop jumping in on some suspicious link or website to avoid such issue.
Basically, my maximum coins held on various exchanges because I don't believe longtime holding and ERC20 tokens in MyEtherWallet because its trusted many people using it without any problem.
better if you have a large enough balance, avoid saving it in exchange, because of course we don't hold the private key at all from the address exchange, that's the problem because we have to stay away from HOLD in exchange, but some people do it to avoid fees deposit withdrawal. Use a wallet that has a private key when making these addresses such as coinomi, or myetherwallet, try using metamask addons to make it safer
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
But, OP is not asking about whether holding or not. He is concerning about where to store his coins.to prevent losses, there is only one method, "HOLD"
Coming back to your statements, why holding is not the best way ? I believe you are contradicting yourself within your statements. First you are saying holding is not the best way but later you are saying that to prevent losses holding is the best method. It is totally confusing.
Holding must be the best method for preventing losses as well for profiting the maximum. But, to hold we must have safer storage wallets and methods. There will be no meaning of storing/holding your coins where your wallet is vulnerable for hacking/stealing.
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
to prevent losses, there is only one method, "HOLD"
No one do this actually because people invest their money to have profit and they will surely sell id they find that holding more is useless. I think if a person use to buy then he will have to hold until the price become bigger than he bought his coin. For me holding actually works in red market days and holding is preparation for green market selling.
Back to the OP question, I think if you are satisfied with their answer you may lock this thread to reduce and redundant answer.
Most likely I hold coins on the exchange, yes that is a very risky but for me, I trust my exchange site used and I currently do trading.
A big amount is on a hardware wallet.
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
to prevent losses, there is only one method, "HOLD"
No one do this actually because people invest their money to have profit and they will surely sell id they find that holding more is useless. I think if a person use to buy then he will have to hold until the price become bigger than he bought his coin. For me holding actually works in red market days and holding is preparation for green market selling.
There are several wallet for different purposes ,if you want to trade then you can store in exchanges wallet,if you want a secure wallet then used hardware wallet,but if you want to keep on checking your wallet and you lazy to keep on bringing your hardware wallet then used the usual wallet on website, every wallet got their own cons and pro, I prefer to keep my coins secure in hardware wallet
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
What you are trying to say ? Are you are agreeing with holding or not ? When most people are preferring to hold then it should be a better way to make easy profits rather than struggling with guessing the market price movements. Holding not just preventing losses but it will give you enormous profits over the time as cryptos are known for fetching you big profits in long-term like years of holding.to prevent losses, there is only one method, "HOLD"
Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
You need to enlighten yourself before going for holding your coins. Yes, exchanges are here not for providing you a wallet services. You need to identify what are the things are existing for what purposes before making use of them. Otherwise, you will get struck at some point of time. Learn things before start using them.it is better to choose a hardware wallet and keep your passphrase on a piece of paper and put it on a vault.
Unlike some 2 to 3 years back, now hardware wallets are becoming more famous as it is providing good security along with easy cold storage option. When you unplug your wallet, you are just entering into cold storage that is the big advantage of hardware wallets. Jump to: