Topic: Holding multiple altcoins - page 16. (Read 24733 times)
Well, I don't see anything bad in holding multiple altcoin and saving them in different wallet is usually a good idea because of this hackers. The reason why many of us hodl coin for long is simply because we don't want to go through the loss in a moment like this. We are looking unto a time when the price will be profitable enough.
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.
I agree , to keep now some of the altcoins is very safe , I think it is worth to wait for the new year bull market , as now the bulls come to the market 
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?
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?
Holding multiple coins is good, it means you diversify your portfolio and you can prevent huge damage in your investment.
About the wallet, maybe i will use several personal wallets to holding multiple coins.
If you want to use single wallet to holding multiple coins, exchange wallet is the best option, but it is not secure because sometimes exchange got hacked.
I try to limit myself to coins that are supported by my hardware wallet as I can be quite paranoid when it comes to phishing/hacks etc. If the temptation is too big, the Binance "wallet" with 2FA comes in handy.
for now i avoid long term hold on altcoins
its either short or swing trade...
but i have some alts i hold since 2017 im holding my coins in myetherwallet and some in imtoken and some in web wallets
its either short or swing trade...
but i have some alts i hold since 2017 im holding my coins in myetherwallet and some in imtoken and some in web wallets
I hold all of my altcoins in ERC-20 wallet. I feel they are more secure there and I can easily have access to them too.
..same as here..i usually hold and stored my altcoins at my ERC-20 wallet so that it is easier for me to transfer it into my exchange wallet whenever I want to sell my coins..just a simple advice,make sure that you are always watching coins that you hold so that you can trade it whenever it will pump up because not all coins are created to gain profit,,some are invented just to scam people,so watch out for shitcoins.. 
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?
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?
Holding multiple coins is good, it means you diversify your portfolio and you can prevent huge damage in your investment.
About the wallet, maybe i will use several personal wallets to holding multiple coins.
If you want to use single wallet to holding multiple coins, exchange wallet is the best option, but it is not secure because sometimes exchange got hacked.
Holding multiple altcoins are profitable when we buy those coins in less price at the same time of downtrend we may receive most of the coins in lowest price and accumulating those coins will clear shot development plans we may see immediate profits when they are pumped
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.
I hold different kinds of altcoins and I put them on my hardware wallet to secure my asset. I make sure that all my assets are secured since I had lost decent amount of money before using online wallets. I think this is the safest way to secure your fund.
It used to be that holding a diverse array of coins required downloading entire blockchains and cumbersome software, but now hardware wallets like the Ledger Nano S and Trezor make it easy to securely and conveniently have multiple wallets encrypted in a small device. There are alternatives such as Jaxx, Coinbase, and Ethos, but I strongly recommend a hardware wallet for security.
Holding a number of altcoins is not a bad idea, in the future it will give you a good profit, save your assets in a safe wallet for example on ERC20, in your wallet your assets will be secured.
That's a good strategy, although not everyone likes it, but I see security and risk sharing are good considerations. If all coins rise, profits can be obtained automatically. But if part of the loss and part of profit, the risk can be reduced.This pattern is not shared by large profit investors, because they want big profits to be prepared with big losses. This is a very risky trade where decisions cannot be wrong, because prices can change at any time, and profits that have been handled can be lost if they are late in selling or wrongly anticipating.
And how do you usually choose the tokens to buy or to hold? Which parameters do you mostly analyze? And how do you generally find great projects? Friends' recommendations or own evaluation? And have you heard of Mindsync project or other advanced ones, coming out lately?
Paper wallet generated on a fresh formatted, disconnected from the Internet machine running Linux/OpenBSD.
Make at least one copy of it, place each one inside a waterproof case and bury both it in the ground, each one in a different remote location. Maybe one of the locations could be your backyard or garden.
Make at least one copy of it, place each one inside a waterproof case and bury both it in the ground, each one in a different remote location. Maybe one of the locations could be your backyard or garden.
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?
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 also prefer to store all the coins in the same wallet so that i am able to glance at the value of all the coins i have at once, there is a possibility that if you store at different wallets you might forget that coin and it will just sit there forever.
Agree, putting money in many places is safer if there are problems, there have been many experiences like that, even top exchanges have experienced hacking and lost all consumer money, whatever the reason is certainly better to save money in many safer places.
there are different kind of wallet that supports many different cryptocurrencies. the safe ones are trezor and ledger hardware wallets. i usually prefer to use single wallets that were announced officially.
I think all hardware wallets that support cryptocurrency are safe and usually depend on using them, if you use them carelessly, it is very risky to lose the coins in them. by choosing to use your hardware wallet add an additional layer of security to protect your cryptocurrency if your computer is compromised by a virus or malware that can steal your private key by means of a key logger.
I never preferred that hold all coin in a single wallet. Cause it's always risky to hold all the coins in a single wallet. I always split my investment and the wallets also. I have 3 ethereum wallet( most of my coins are eth based) two of them are like stored I never opened them if it's not urgent and one of them I use for normal transaction. And I never use exchange wallets or any kind of wallet which supports all coins in one place. I rather prefer office wallets for each. I know each is hard to Manage but I think it's better than being dead or havker.
there are different kind of wallet that supports many different cryptocurrencies. the safe ones are trezor and ledger hardware wallets. i usually prefer to use single wallets that were announced officially.
It is not advisable to store all your token in one wallet no matter how you have trust in that wallet because anything can happen at any point in time. If hacker mistakenly hack your account you will not lost everything at once.
I hold most of my altcoins in a single wallet well it's more convenient and less hassle, however i still have other back up wallet with same altcoins that have a value because if hackers cracked my private key they will surely empty it and i will lost all of my precious altcoins. We must not put all our eggs in one basket.
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