Holding multiple altcoins - page 17.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: mamesso on April 12, 2019, 06:50:16 PM

I can't resist selling, for me hold is very confusing and difficult to predict.
This is a kind of gambling, but the decision to sell is not a wrong decision.
trade requires faster profits.

Different people do have different points of views, if you feel that way then it's good for you dealing with short term trading, faster results and move forward for another day inside trading exchange, while others do believe with long or medium trades holding to maximized profits.

Soberb

jr. member

Activity: 276

Merit: 1

Ohh, I live amassing and holding multiple coins. Initially I was too much addicted to earning money from crypto market. But nowadays, my passion is also amassing different coins alongside making money. It give me pleasure collecting coins. Most of the coins I have which have been come from bounty campaigns and airdrops. And I have also bought some coins in the secondary market too. But I have been holding all my coins in different wallets. Some of them are in exchanges and some are in my wallets. I think the idea of holding all coins in a wallet is wise.

boyz97

full member

Activity: 658

Merit: 106

Quote from: Shadovka on April 12, 2019, 11:29:52 PM

Quote from: faceoff97 on December 06, 2018, 03:23:35 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 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.

no matter if we want to store our coins in one wallet or different wallet.but personally i am prefer to split my balance into several mobile wallet and web wallet.i am just affraid if store it in one place somthing wrong happen to me.

Shadovka

member

Activity: 896

Merit: 10

Quote from: faceoff97 on December 06, 2018, 03:23:35 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 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.

anafiene

full member

Activity: 686

Merit: 100

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.

Anonylz

hero member

Activity: 2562

Merit: 577

Holding multiple Alt coins is still the best idea for me than just settling for one or two, it is always a good idea to diversify so that you don't rely on 1 or 2,
Holding multiple helps because if some alts are down in price, few might be up, which helps to keep your portfolio from not going down and looking red all through.

mamesso

hero member

Activity: 2114

Merit: 740

Leading Crypto Sports Betting & Casino Platform

I can't resist selling, for me hold is very confusing and difficult to predict.
This is a kind of gambling, but the decision to sell is not a wrong decision.
trade requires faster profits.

Chomsy

copper member

Activity: 364

Merit: 1

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.

darkangel

sr. member

Activity: 714

Merit: 250

Quote from: faceoff97 on December 06, 2018, 03:23:35 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?

Holding altcoins is good as long as they are coins with good ROI potentials otherwise it's a total waste of space especially coins that the developers have abandoned and has no minimum value product

Cyptobonds1

jr. member

Activity: 262

Merit: 2

I prefer a single wallet for my token than multiple wallet even though most of the tokens are altcoins and has no value yet, so holding them in different wallet will be waste of time. If it is to be not more than 10 coin with greater value owning them in different wallet is okay.

faceoff97

full member

Activity: 644

Merit: 113

Quote from: shoreno on April 02, 2019, 05:39:23 PM

Quote from: faceoff97 on April 02, 2019, 05:28:10 PM

Quote from: Galantin on March 30, 2019, 11:47:42 AM

Quote from: Catmurs on March 30, 2019, 11:43:44 AM

I think you can store on multi-wallets , but of course you need to understand that the risks that you can steal funds above , but I would recommend to store funds on binance very reliable exchange!

You are a fool. Do not be offended by your advice obsalyutno wrong. Exchangers are always subject to threats and attacks. There is money there. Or do you store your cryptocurrency in a separate secure vault at home in the safe. Or do you keep cryptocurrency in a landfill. Where every homeless (hacker) wants to steal your money.

Exchanges are not meant to be a storage, the potential risk is too high since you don't have the full control of your funds. It's always better to have control over the private key so you can be sure that all your funds is not within the control of anyone but you alone. You can choose open source wallet like Hodler wallet, this offers better security and public code is available so you can easily view the potential vulnerability.

You are saying that exchanges arent safe but crypto wallets are ? Both are the same dude . a wallet do also hold alot of funds and hackers are also targetting it . its not wrong to store funds on a wallet or on an exchange as long as you are sure that the wallet/exchange that you are using is legit . traders store funds on an exchange because they are trading on it automatically , same as on wallet but if you arent using your funds actively its a wise idea to withdrew them .

You should realize that exchanges and wallet are really different thing. A wallet gives you the full control over your private key and your assets, while exchanges are not because it is controlled by the third trusted party which makes it more vulnerable to potential lost of your coins. Exchanges is safe but not prescribed as storage of your funds for longer period of time. That's my point.

ninja811

jr. member

Activity: 266

Merit: 1

CurioInvest [IEO Live]

If you keep a lot of different altcoins in your wallet, then I think it makes sense.
Some coins go into growth much slower than others.
Therefore, the presence of many different coins in your wallet can help you come faster to success by trading them on stock exchanges.

dang thi bich thuy

full member

Activity: 381

Merit: 100

I think it only happens when the market conditions become good and stable, the traditional Altcoins are capable of multiplying very high. Altcoins like EOS and ADA are likely to occur in the near future if Bitcoin continues to rise.

faceoff97

full member

Activity: 644

Merit: 113

Quote from: Jackrodwell on April 06, 2019, 05:13:36 PM

Quote from: timmmers on December 06, 2018, 04:16:19 AM

Holding more altcoins is recommended because we cant predict which one altcoin rise in the future and which one dies. So by doing this you could reduce the risk.

This is true and I agragree on this,since the crypto market is dicy,one can't tell which altcoin will be valuable in future, to avoid regret more people decide to hold for a while.

I'm actually doing it with the same reason as yours. I also don't want to miss any sudden pump in price with other alternative coins. I believe that those coins has the same potential as bitcoin. I prefer those alts that are already well established since I can hold them in a secure open source multiwallet called Hodler, this way I can be assured that it will be safely stored even for longer period of time.

Jackrodwell

copper member

Activity: 364

Merit: 0

Quote from: timmmers on December 06, 2018, 04:16:19 AM

Holding more altcoins is recommended because we cant predict which one altcoin rise in the future and which one dies. So by doing this you could reduce the risk.

This is true and I agragree on this,since the crypto market is dicy,one can't tell which altcoin will be valuable in future, to avoid regret more people decide to hold for a while.

Napole0n

sr. member

Activity: 579

Merit: 309

Quote from: 2Kool4Skewl on April 03, 2019, 04:12:05 AM

I always keep more than 10 coins in my wallet. Because I believe that some kind of people will accurately manifest themselves. Yes, and reinsure themselves.

The choice of coins and tokens is certainly a good thing if we hold a lot of coins, moreover we never know which coins can be profitable, the more we hold, the greater the opportunity for profit.

Mehr Sher

jr. member

Activity: 206

Merit: 2

I have 4 cryptos in my account. Bitcoin, Ethereum, BCH, Litecoin. I like these only and not any other. I use coinbase mostly for my transactions and use but I also do Forex trading with normal options and also Cryptos. Not all broker supports crypto but now many are doing. If you are looking for good broker then first check sites like Forexpeacearmy and others to know about broker. Here is list you can check for Crypto Brokers which are also Forex ones.

Debonaire217

sr. member

Activity: 644

Merit: 364

In Code We Trust

Quote from: batang_bitcoin on December 06, 2018, 03:37:46 AM

I'd prefer to hold it with a muticurrency wallet like ledger nano s.

It is convenient if most of the coins you hold can be stored within a single wallet which is trusted and reliable. I have seen that hodler wallet ran a signature campaign here but I still prefer to stay with ledger nano s.

That is quiet convincing for a people that is doing a hodl for a long time trade. But when I am going to do that kind of thing, my first thing first to consider is to choose an exchange platform that will going to have an own coin that will serve as the transaction fee, basically they set it to 50 percent of usual fees. And through diversifying the altcoins that I have, that would be more efficient specially for day trading.

wenwen

sr. member

Activity: 728

Merit: 251

If you have so many altcoins, why don't you do a daily check? It is best for each cryptocurrency to choose your wallet and synergize them in MEta MAsk then it will be clear exactly where you have what currency and you will be able to observe the price changes.

faceoff97

full member

Activity: 644

Merit: 113

Quote from: digitalblock on April 04, 2019, 07:34:53 AM

Holder Open it is a good software for the crypto owner. But I am interested in the question, and what to do to those people who are afraid to store their savings on online wallets?

If they are afraid of the online wallet they can choose to have the better or hardware version which is the Hodler pro. It offers a lot features designed for big time holders. This will help them.to secure funds with any potential vulnerability to exist. You can read more feature about this newly introduced version in this site: www.hodler.tech/pro

Topic: Holding multiple altcoins - page 17. (Read 24733 times)