Topic: Holding multiple altcoins - page 2. (Read 24713 times)
If you hold a lot of altcoin it will be difficult to monitor progress, i suggest holding a few at least 5-10. But for now it's not the right moment to invest in altcoin, if you already get ROI it's better to buy bitcoin for long-term investement
It's a very good idea if you save some altcoins with multi Wallet. Because it is much safer so it is important to support erc20 faster during transactions. I also store altcoins in multi Wallet and also use multi Exchange for trading.
I think a lot of person have an idea of that because some of the user want to have a safe wallet but not all have same of different exchanger users.
For holding a lot of altcoin was good but if everyone of your coin does dump then that will not be good.
If I have a lot of different coin then I want to exchange it on bitcoin at least sure investment because as now it was hard to trust a lot of alt coin because if it will dump a huge percent that it would become a shit coin.
It's a very good idea if you save some altcoins with multi Wallet. Because it is much safer so it is important to support erc20 faster during transactions. I also store altcoins in multi Wallet and also use multi Exchange for trading.
whatever wallet we can use for crypto needs, but the most important thing is the level of security that is owned by the wallet ... so that we can feel safe without worrying if one day our wallet can be hacked by wallet hackers ... and I have only use MyEtherwallet as my Altcoin Wallet because all the coins I have come from the bounty campaign ...
Mycrypto desktop application is also a good option for holding the bounty rewards and similar crypto balances. The online wallets are not safe for using big amounts, the small amounts can be transferred through the online wallets like Myetherwallet, Blockchain.info wallet. For restricting the other people to access your wallets when you are away from the personal computer you can also use biometric security protected crypto applications. Multiple wallets can be a secure than putting all eggs in single basket in my opinion.
For security purposes, I prefer to spread my crypto assets to as many wallets as I can without seeming ridiculous, if there is nothing else I have learnt from all the horror hack stories where one thing they all seem to point to is that no wallet is impossible to hack, it's the fact that we shouldn't put all our eggs in one basket, my Bitcoin is in a separate basket, my ethereum is in a separate basket, my other holdings are in separate wallets as well, this is the best way to ensure that even if one or two of my wallets gets compromised, it wouldn't hurt me too bad.
until now I personally still use the web wallet (MyEtherWallet) as a place to secure my portfolio, including some ERC20-based tokens generated from previous signature projects, most of which are mostly ERC20-based tokens. on the other hand I will adjust depending on the project that I am taking.
This is a great wallet for storing tokens and it is very reliable if you use it correctly and follow all security measures. I also use it for the bounty reawards 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?
personally .. i also use multiple bitcoin wallet .. because we can store altcoin in it which supports various platforms .. so we don't have to use a lot of wallet to store altcoin we have .. Even though I still use myetherwallet, I use it to join bountie campaigns.
In my opinion it's a very good idea for you, but I myself also use some wallets to store altcoins like Imtoken, Myetherwallet, Mestamask, Trustwallet and others. The bottom line I personally do not store altcoins in one wallet.
Why don't you store altcoin in a wallet. You just need to choose the best wallet and store it.I agree with you.
Find the best wallet of all wallets and you can save all altcoin in one wallet. In my opinion, this method is more effective. In comparison you have to use all the existing wallets and divide your altcoin in each existing wallet.
In my opinion it's a very good idea for you, but I myself also use some wallets to store altcoins like Imtoken, Myetherwallet, Mestamask, Trustwallet and others. The bottom line I personally do not store altcoins in one wallet.
Why don't you store altcoin in a wallet. You just need to choose the best wallet and store it.I agree with you.
Find the best wallet of all wallets and you can save all altcoin in one wallet. In my opinion, this method is more effective. In comparison you have to use all the existing wallets and divide your altcoin in each existing wallet.
In my opinion it's a very good idea for you, but I myself also use some wallets to store altcoins like Imtoken, Myetherwallet, Mestamask, Trustwallet and others. The bottom line I personally do not store altcoins in one wallet.
Why don't you store altcoin in a wallet. You just need to choose the best wallet and store it. 
You should never put all your eggs in the same basket.
This is a recommendation that you care not only when investing in cryptocurrencies, but also in everyday life. My opinion is that a trader should put certain cryptocurrencies on his radar and only deal with them. This is important to avoid distraction.
For example, I am only interested in 10 cryptocurrencies and I follow all the news and price changes about them. That way I can analyze what I've invested.
This is a recommendation that you care not only when investing in cryptocurrencies, but also in everyday life. My opinion is that a trader should put certain cryptocurrencies on his radar and only deal with them. This is important to avoid distraction.
For example, I am only interested in 10 cryptocurrencies and I follow all the news and price changes about them. That way I can analyze what I've invested.
until now I personally still use the web wallet (MyEtherWallet) as a place to secure my portfolio, including some ERC20-based tokens generated from previous signature projects, most of which are mostly ERC20-based tokens. on the other hand I will adjust depending on the project that I am taking.
I prefer to hold it a multi currency wallet of which i must have acess to the private key so as to be in control of my funds and for easy access purpose. To do this i like using either coinomi or trust wallet they are both safe and easy to use
I don't think holding all your alt-coins in a single wallet is risk, except if you are care-free with security of the wallet. I think holding multiple alt-coins in a single wallet helps to keep and monitor the values in a conservative way.
I hold them on a exchange because i trade almost every day with them for profit.
But holding all altcoins in exchanger wallets can bring some risks and problems for owners of this money. The last example of Binance when thousands of NEO tokens were hacked give thoughts about rationality to keep all currency on the markets wallets. 
If they are erc 20 token its okay to hold them in one or 2 address but if this is not the case , I prefer to download the wallet so I can be in full control of my private keys and who knows if they are PoS I will also stake. Never hold your coins into exchanges as in this days we see more and more exchanges ready to launch.
For long-term investment, I prefer investing in different altcoins so that at different times so that I can sell the highest-priced altcoin.
Therefore, in my wallet there is a set of altcoins from the top 10 that will bring profit.
Therefore, in my wallet there is a set of altcoins from the top 10 that will bring profit.
I keep coins in different wallets, thus reducing the risk of hacking. Another thing is that there are very few good coins left to remain for a long time.
I do the same with you, I think it's safer and doesn't risk the wallet being hacked at any time.to check some coins I took the manual method by checking one by one the wallet. sounds impractical but to me it is safer.
whatever wallet we can use for crypto needs, but the most important thing is the level of security that is owned by the wallet ... so that we can feel safe without worrying if one day our wallet can be hacked by wallet hackers ... and I have only use MyEtherwallet as my Altcoin Wallet because all the coins I have come from the bounty campaign ...
Mycrypto desktop application is also a good option for holding the bounty rewards and similar crypto balances. The online wallets are not safe for using big amounts, the small amounts can be transferred through the online wallets like Myetherwallet, Blockchain.info wallet. For restricting the other people to access your wallets when you are away from the personal computer you can also use biometric security protected crypto applications. Multiple wallets can be a secure than putting all eggs in single basket in my opinion.
whatever wallet we can use for crypto needs, but the most important thing is the level of security that is owned by the wallet ... so that we can feel safe without worrying if one day our wallet can be hacked by wallet hackers ... and I have only use MyEtherwallet as my Altcoin Wallet because all the coins I have come from the bounty campaign ...
Jump to: