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Topic: Holding multiple altcoins - page 15. (Read 24743 times)

hero member
Activity: 1820
Merit: 747
April 18, 2019, 03:49:33 AM
Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
you are right. but it might be more troublesome if there are a lot of shitcoin that we hold. will be a good strategy when holding lots of altcoins in our wallets. however, we must choose coins that really have future benefits.
jr. member
Activity: 182
Merit: 2
April 18, 2019, 03:47:35 AM
Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet?

Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea?
I am holding multiple altcoins in different kind of wallets because we cannot say if when we will get steal by hackers, so it will be better if we distribute our funds in different wallets for the safety of our funds. I am also looking for a good trading platform that i can easily convert all of my fiats into altcoin or bitcoin and vice versa, then i found about Darb finance where it is a wallet and an exchange of fiat and cryptocurrency. Here i store some of my funds because it has great security features to keep all of my funds safe, that is why i highly recommend you to use this. Anyways, Holding multiple altcoins could be risky because you cannot say if most of them will give you a good investment after you buy it, but it can still be profitable if all of them increase their price.
jr. member
Activity: 434
Merit: 2
Coinsbit.io
April 18, 2019, 03:31:39 AM
Indeed, there's no reason to buy different, unknown coins expecting for a profit. It looks more like a luck's hope than smart decision. It's better to spread you deposit between some good, well-known and perspective altcoins.
Of course, you need to competently approach the formation of an investment portfolio. It must contain such coins as Bitcoin and Ethereum, as well as the altcoins from the top 20.
full member
Activity: 322
Merit: 100
April 18, 2019, 03:27:07 AM
Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
Indeed, there's no reason to buy different, unknown coins expecting for a profit. It looks more like a luck's hope than smart decision. It's better to spread you deposit between some good, well-known and perspective altcoins.
jr. member
Activity: 145
Merit: 1
April 18, 2019, 03:21:23 AM
I am also a crypto currency player who holds various types of altcoins. I prefer to keep all types of coins in one wallet that is multi wallet opensource so that all the coins I have can be accommodated in one container. In my opinion this is a good idea so we simply manage one wallet without experiencing confusion with the password from each wallet if we choose to manage many wallets. I think this is an effective way for us to be more optimal in playing crypto currencies.
sr. member
Activity: 1680
Merit: 259
April 18, 2019, 02:49:22 AM
Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
Hold only a number that you can monitor, a coin is like a company that has it's progress and you need to have a timely information for all the coins you hold in order to make a timely decision. For example, if you are hold bitcoin SV and because you have a lot of coins to monitor and you are too confident on its future that you miss the news that it will be delisted in binance and some other exchanges, that will cost your a lot.

There is no problem in holding many tokens as long as the volume is active and moving, you need to know the news is important especially what we hold the tokens, like BSV is always announced by this forum and their social media.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
April 18, 2019, 02:33:09 AM
Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
Hold only a number that you can monitor, a coin is like a company that has it's progress and you need to have a timely information for all the coins you hold in order to make a timely decision. For example, if you are hold bitcoin SV and because you have a lot of coins to monitor and you are too confident on its future that you miss the news that it will be delisted in binance and some other exchanges, that will cost your a lot.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
April 18, 2019, 02:07:37 AM
Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
member
Activity: 182
Merit: 10
April 18, 2019, 02:05:36 AM
I would say all Altcoin is good to keep at a wallet. Because it will be helpful to maintain Altcoin. In this case, you have to choose a wallet that can be kept in almost all types of Altcoin. There are many types of Wallet available on the Internet. From there, choose the best Wallet and put Altcoin there. When you put Altcoin on a wallet, the security of the coins can be easily guaranteed. There will be less of trouble in this. So, in my opinion, it is good to use single Wallet.

Thank you
jr. member
Activity: 392
Merit: 2
April 17, 2019, 02:34:04 PM
If you keep a lot of altcoins in your wallet, then a participant in the cryptocurrency market can successfully vary in the market.
Depending on the state of the market associated with its volatility, you can quickly sell or buy the necessary coins and thus receive a cash profit.
member
Activity: 349
Merit: 10
April 17, 2019, 02:30:04 PM
I keep several altcoins in the long run. I am sure that there will be big growth in the future. And this can raise a lot of money. So far everything suits me.
The market is recovering after the recession last year. BTC prices have steadily stabilized above $ 5k1 so I think investing in altcoin is very potential at the moment. According to many experts, the BTC will restore and reach a peak of up to $ 20k in history.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
April 17, 2019, 01:20:59 PM
Diversification is the most important factor of every successful investment. Without splitting your altcoins among different wallets and exchanges, you won't be able to save your funds, once one of them is going to be attacked by hackers.
Diversification is something that absolutely every participant of this market applies if he understands how everything is working here. the main thing is not to forget where your assets are stored  Grin
sr. member
Activity: 703
Merit: 250
April 17, 2019, 10:29:21 AM
Diversification is the most important factor of every successful investment. Without splitting your altcoins among different wallets and exchanges, you won't be able to save your funds, once one of them is going to be attacked by hackers.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
April 17, 2019, 10:21:01 AM
Multiple altcoins into the portfolio is the best being in the crypto ecosystem. With holding of more altcoins one can decrease the loss happening with the market volatility. Every altcoins won't be declining or increasing in value at the same time. At times the holding time might increase, but it is always good than holding a single asset.
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
April 17, 2019, 09:48:53 AM
I always keep a few altcoins.  Because if one die anyway, some grow and multiply.  But there are moments when everything falls like a roulette game, it is hard to guess.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
April 17, 2019, 09:46:40 AM
Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet?

Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea?

I agree, I hold multiple coins and need a wallet that can store all types of coins that I have, multi wallet opensource is the
right choice for multiple coin holders, actually we can use any type of wallet as long as the wallet is safe from hackers
maybe we need hardware wallet to hold our cryptocurrency asset.its more secure as long as we didnt loss it.only or portable wallet risk enough since hackers now become smarter that before.
full member
Activity: 1260
Merit: 103
The OGz Club
April 17, 2019, 09:40:02 AM
Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet?

Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea?

I agree, I hold multiple coins and need a wallet that can store all types of coins that I have, multi wallet opensource is the
right choice for multiple coin holders, actually we can use any type of wallet as long as the wallet is safe from hackers
full member
Activity: 494
Merit: 100
April 17, 2019, 08:53:16 AM
Holding a lot of altcoins is good and I'm probably sure that any investor or bounty hunter does it but choose a good one and make sure your hold altcoins is so likely that you'll earn an early hold token or hold to have you're getting hold of your tokens you're better off buying altcoins that are longterm and potentially to maybe even back you up if you ever lose your other holds altcoins be smart in selecting altcoins because not everyone has the potential or longterm else because it's shitcoin and the price drops quickly so it's a good idea to first check your rolled altcoins before you buy it and think carefully so that you will not regret why you bought it .
member
Activity: 588
Merit: 10
April 17, 2019, 08:05:21 AM
If I prefer to save coins in various wallets, it is safer if I have a bad luck, one of the wallets is stolen, then another wallet is safe, not everything we hold is lost

I agree with 1000 times Smiley

For the very same reason you mentioned above. So it incase it get hacked ,.  something will still be left to me. Unless they're able to get hold of all my private keys Smiley
member
Activity: 560
Merit: 10
April 14, 2019, 12:23:39 PM
I keep my coins on Ledger Nano S and I advise you to buy it. After all, it is important to keep your coins from fraudsters and be calm.
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