Holding coins - page 3. | Bitcointalksearch.org

faceoff97

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Quote from: shesheboy on February 02, 2019, 08:40:36 PM

Quote from: faceoff97 on February 02, 2019, 08:00:10 PM

Quote from: Bunsomjelican on January 26, 2019, 06:26:48 AM

Quote from: enawati on January 19, 2019, 08:58:51 PM

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.

The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

Agree . thats why i dont trust online exchange ever since i start investing in crypto im not a fan of putting my assets inside the exchange because i feel scared as i know that they are always the target of hackers . i rather opt to hold my coins inside my hardware wallet since i have a vast range of coins on my portfolio .

Hardware will be the best option when holding good amount of coin but if you have less amount of bitcoin, you can choose to store in an open source wallet like Electrum (www.electrum.org) or the newest open source multiwallet clled Hodler (www.hodler.tech).

Aris novianto

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now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

hahay

legendary

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Holding coins for the long term does have a risk of many factors and one of them is a safe place to use as a storage of coins itself. So far I have never holding a coin in one place, and I saved it in many places including in a exchange. Honestly in the past I have lost the coins I saved in an exchange, but it happened because of my own mistakes, learned from experience and I did not repeat it until now and everything is still going well. But the main thing that must be considered in holding coins is to always use a wallet where you can have access to control the private key, because that is the most important thing in maintaining a wallet for coins that you hold for the long term.

bitcoin31

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I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

sinta23

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Quote from: Salauddin1994 on February 03, 2019, 08:05:11 AM

Quote from: peter0425 on February 03, 2019, 06:14:07 AM

Quote from: septi.JR on February 03, 2019, 04:40:54 AM

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.

really because now there are so many hackers who target our assets, so if you want to hold coins in the long run that must be prioritized is the security of your wallet

tarable

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holding the coin is a great way to get a big profit right now, because the market this year is likely to be a very good market so many people are using the method of holding

UmerIdrees

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Quote from: Salauddin1994 on February 03, 2019, 08:05:11 AM

Quote from: peter0425 on February 03, 2019, 06:14:07 AM

Quote from: septi.JR on February 03, 2019, 04:40:54 AM

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.

Yes, there is no point in buying a hardware wallet if you have limited funds. One of my friend, who recently entered in the crypto field purchased a hardware wallet. He did not even have half a btc and i think this is not wise decision. If you have less bitcoin i will prefer to use desktop wallet like Electrum (https://electrum.org/).

JohnBitCo

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Quote from: bitcampaign on January 25, 2019, 02:16:13 PM

I would rather keep my bitcoin on a trusted exchange site, at least the company stands in my country so that when they commit fraud, I can ask for compensation from them, it is easier to do and I also never save on exchange sites outside my country

Well I do not agree with you here because what if the exchanges where your coins are placed, is hacked ? how will government or anyone will return you funds ? Recently Cryptopia exchange was hacked and even the New Zealand police was not unable to find the hackers and all the funds of the people are lost.
The best way to save your coins is to use hardware wallet or at least use desktop wallet where you have control over your funds through private key.

Salauddin1994

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Activity: 868

Merit: 15

Quote from: peter0425 on February 03, 2019, 06:14:07 AM

Quote from: septi.JR on February 03, 2019, 04:40:54 AM

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.

itulaj1

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Activity: 300

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that's right, our bottom must be clever in storing our coins in a safe place, because everyone already knows. The market is currently unstable, and I advise you all to keep coins in a safe place, but I want to give you input for this post, you should enter a wallet link that you think is safe, so that new members can find out. thank you mate

peter0425

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Activity: 2618

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Quote from: septi.JR on February 03, 2019, 04:40:54 AM

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

septi.JR

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Activity: 658

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It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Salauddin1994

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Quote from: FUD Expert on February 03, 2019, 01:44:10 AM

Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

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 like electrum and Hodler wallet?

I believe that people won't make exchanges an option now after another known exchanges has been hacked. To my fellow traders, I know you have read or watched a topic about the best wallets for crypto and 99% of them does not recommend to put it on exchanges and they want you to use hardware wallets.

Yes, many exchanges are hacked 2017 middle and hole 2018, But if he uses the hardware wallet, he will get a lot of good security which is almost impossible to hack, more so that it can be said that there are many trusted exchanges(Ex.Bittrex,Binance) whose security is very hard to use them.

FUD Expert

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Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

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 like electrum and Hodler wallet?

I believe that people won't make exchanges an option now after another known exchanges has been hacked. To my fellow traders, I know you have read or watched a topic about the best wallets for crypto and 99% of them does not recommend to put it on exchanges and they want you to use hardware wallets.

Savemore

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Activity: 952

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Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

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 like electrum and Hodler wallet?

Our first priority when we are holding our coins is the safety and security of it. Hackers can stole our coins if we do not store our cryptos in a safe storage. I always prefer to store my coins in offline wallets for me to ensure that I am the only one who has access to my wallet.

Salauddin1994

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Activity: 868

Merit: 15

Quote from: michellee on February 03, 2019, 12:23:43 AM

Quote from: Mlowo on January 26, 2019, 05:11:51 AM

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

I think you need to hold tight your ETH and don't let it sold at a low price and the most important is you need to stay calm when you see ETH price moving fast to up and down. It is hard to hold ETH until now, and I know how it's feeling, but I still believe that ETH can be back to the higher price and I think ETH have a big chance to rise in the future.

If you hold a coin or a token, then it is best that you should check it well and then some kind of investment should be done above, because there are many things in trading which are very important to know.

michellee

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Quote from: Mlowo on January 26, 2019, 05:11:51 AM

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

I think you need to hold tight your ETH and don't let it sold at a low price and the most important is you need to stay calm when you see ETH price moving fast to up and down. It is hard to hold ETH until now, and I know how it's feeling, but I still believe that ETH can be back to the higher price and I think ETH have a big chance to rise in the future.

Altero

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Quote from: faceoff97 on February 02, 2019, 08:00:10 PM

Quote from: Bunsomjelican on January 26, 2019, 06:26:48 AM

Quote from: enawati on January 19, 2019, 08:58:51 PM

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.

The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

That is critical if we just put our coins in any exchanges, thus we can't guarantee of the safe keep and its control. Any possibilities of losing it especially when that certain exchanges will been hack or their is conspiracy inside. To make is it more safe, we better kept in a wallet which we have control into it.

shesheboy

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Activity: 714

Merit: 114

Quote from: faceoff97 on February 02, 2019, 08:00:10 PM

Quote from: Bunsomjelican on January 26, 2019, 06:26:48 AM

Quote from: enawati on January 19, 2019, 08:58:51 PM

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.

The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

Agree . thats why i dont trust online exchange ever since i start investing in crypto im not a fan of putting my assets inside the exchange because i feel scared as i know that they are always the target of hackers . i rather opt to hold my coins inside my hardware wallet since i have a vast range of coins on my portfolio .

faceoff97

full member

Activity: 644

Merit: 113

Quote from: Bunsomjelican on January 26, 2019, 06:26:48 AM

Quote from: enawati on January 19, 2019, 08:58:51 PM

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.

The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

Topic: Holding coins - page 3. (Read 2353 times)