Holding coins - page 4. | Bitcointalksearch.org

gabmen

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Quote from: Tungsten-1 on January 29, 2019, 02:49:31 PM

Quote from: Mlowo on January 26, 2019, 04:11:51 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

You are doing really good job ETH is good coin to hold as some of my friends are holding it and they told me good about it but I personally never tried it because I am holding only bitcoin, I am very happy for holding bitcoin it has given me good profit as till now I did not lose anything but I won huge amount of profit so holding your coin is one of the best way to get profit.

Well holding those two coins you both have can be nerve wracking lol. Eth is quite in a depressing state right now. It's good if you're going to buy now but imagine those that started holding when the price was above 500usd. And bitcoin is only slightly better. Other alts have outperforned these top coins to start the year like tron and i've advise to look into the alt market while this bear season is still here.

Tungsten-1

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Quote from: Mlowo on January 26, 2019, 04:11:51 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

You are doing really good job ETH is good coin to hold as some of my friends are holding it and they told me good about it but I personally never tried it because I am holding only bitcoin, I am very happy for holding bitcoin it has given me good profit as till now I did not lose anything but I won huge amount of profit so holding your coin is one of the best way to get profit.

Bunsomjelican

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Quote from: enawati on January 19, 2019, 07:58:51 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.

Mlowo

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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

Gibreil

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Quote from: faceoff97 on December 18, 2018, 10:23:51 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?

Usually, I bought coins and joined in a bounty where can I store their tokens in MEW. I do not trust those coins that has their own wallet because it may be a scam. In fact, I never store at any exchange unless if it will be sold for more than a day. There is no such thing as safe storage in cryptocurrency because any digital thing may hack or inflicted by a virus. So, we should know how to protect our tokens and always look for it.

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Quote from: iv4n on January 25, 2019, 04:40:43 PM

Quote from: BlackFor3st on January 25, 2019, 12:50:05 PM

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

Simply said, if you believe in some coin you need to store it on a safe place. Exchanges and online wallets are not safe. The best is to find a wallet for yourself, official if its possible, and to hold all coins there. I have ledger wallet for bitcoins for years, if you plan to stay here spend some money on that, spending money on security is not throwing money, its good for everyone and every business.

Right, hardware wallet is a good choice. But since I am not holding to much coin, I prefer to use open source wallet like electrum and hodler. Bitcoin org is about to list hodler as their official recommendation. This would mean it could be a safe wallet as much as hardware wallet could give.

iv4n

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Quote from: BlackFor3st on January 25, 2019, 12:50:05 PM

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

Simply said, if you believe in some coin you need to store it on a safe place. Exchanges and online wallets are not safe. The best is to find a wallet for yourself, official if its possible, and to hold all coins there. I have ledger wallet for bitcoins for years, if you plan to stay here spend some money on that, spending money on security is not throwing money, its good for everyone and every business.

bitcampaign

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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

BlackFor3st

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Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

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Quote from: faceoff97 on January 24, 2019, 12:36:41 AM

Quote from: Pattart on January 23, 2019, 09:59:21 PM

Quote from: enawati on January 19, 2019, 07:58:51 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.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Therefore I suggest holding and keeping your money in a wallet because there is no third party that controls your finances. exchanges must only be for trade. you can save funds in exchange only for trade funds instead of your long-term funds..

cryptofarid10

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Quote from: faceoff97 on December 18, 2018, 10:23:51 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?

We can hold our coin in exchanger, or our wallet. But If we keep on exchanges, then We have to choose the trusted exchanges. Or we can keep our wallet example coinbase, blockchain or if we keep ERC-20 coin then we can use myetherwallet.

Yatsan

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Quote from: enawati on January 19, 2019, 07:58:51 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.

Holding your asset on crypto exchange is not really advisable since there are still system glitches after all of safety precautions the website developers did follow. Saving your coins on online wallet contains more risk than having it on offline storage or cold storage. I prefer my coins to store on MEW wallet since there are less problem on it when it comes to storing.

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Quote from: faceoff97 on January 24, 2019, 12:36:41 AM

Quote from: Pattart on January 23, 2019, 09:59:21 PM

Quote from: enawati on January 19, 2019, 07:58:51 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.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Anyway, to hold coins for the long term it would be more recommended to save in a place where you can have a private key anywhere, even reputable exchanges will not guarantee hacking problems. So it's not recommended an exchange for you to hold coins for the long term, because the real exchange is only a container for you to trade.

faceoff97

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Quote from: Pattart on January 23, 2019, 09:59:21 PM

Quote from: enawati on January 19, 2019, 07:58:51 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.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Pattart

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Quote from: enawati on January 19, 2019, 07:58:51 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.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

faceoff97

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Quote from: sidkz on January 22, 2019, 12:49:36 AM

keep tokens on wallets from which I have keys that I can change for security
and keep my tokens on several wallets though I have never had any hacking attempts, I still think that it is better to insure than to grab my head then

Having private key means giving you the full control of your funds. This is why choosing exchange wallet is not recommended since it has third trusted party which gives you not the whole control which anytime could lose you assets. Its time to have freedom from third trusted party after all this is the reason why cryptocurrency was made.

gabmen

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Quote from: BitTraderCute on January 22, 2019, 12:40:46 AM

Quote from: metalglowd on January 21, 2019, 12:03:42 PM

Quote from: faceoff97 on December 18, 2018, 10:23:51 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?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

you already decided your choice.and i think this is the best for you.save our asset in exchanges wallet made it easy when our coins price suddenly jump.so we didnt miss the opportunity to sell in high.

Well if you don't have that large assets stored, it's u likely that hackers and scammers would target your account so you're ptobably safe from personal attacks. The problem is if the exchange itself gets attacked and hacked. Hopefully the exchange is secured in a lot of ways.

sidkz

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keep tokens on wallets from which I have keys that I can change for security
and keep my tokens on several wallets though I have never had any hacking attempts, I still think that it is better to insure than to grab my head then

BitTraderCute

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Quote from: metalglowd on January 21, 2019, 12:03:42 PM

Quote from: faceoff97 on December 18, 2018, 10:23:51 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?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

you already decided your choice.and i think this is the best for you.save our asset in exchanges wallet made it easy when our coins price suddenly jump.so we didnt miss the opportunity to sell in high.

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Quote from: faceoff97 on December 18, 2018, 10:23:51 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?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

Topic: Holding coins - page 4. (Read 2372 times)