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Topic: Holding multiple altcoins - page 27. (Read 24733 times)

full member
Activity: 1274
Merit: 100
March 20, 2019, 11:39:03 AM
This is good idea and nice tips, Holding multiple coins/tokens in such wallet is good practice and also is great opportunity to earn more as in crypto market there is a chance of pump too.
sr. member
Activity: 1302
Merit: 250
March 20, 2019, 11:26:56 AM
holding several altcoins is the right decision but remember coins that have good development. if you hold one coin it will be slow to make a profit, you need to change the strategy with several altcoins and not just focus on just one coin, if you are a trading expert it's a quick way to make a profit.

I do not find your strategy sufficiently optimal, different altcoins are all exactly cryptocurrency, which in turn all moves in one direction in the wake of Bitcoin, therefore it is better to separate investments in cryptocurrency and in something else not connected with it.


Investment and cryptocurrency are the same in my opinion, because the same investment in crypto, holding the coin must be with an active developer to move forward.
jr. member
Activity: 252
Merit: 4
March 20, 2019, 09:52:12 AM
I have a lot of crypto that I keep in the imtoken wallet and some are stored in the exchange. All I do with all the risks that exist if I lose my password or 2FA account.
member
Activity: 191
Merit: 10
March 20, 2019, 09:44:24 AM
hold multiple coin, hmm yeah that is good i think.
i hold coin too but not much like you.
i just hold and believe in BTC, ETH and EOS.
and maybe next year i will try to invest in other coin.
full member
Activity: 1582
Merit: 101
March 20, 2019, 09:38:42 AM
Yes, you can store your tokens in a single wallet but you have to more confident that your wallet password, private key will highly secured; Otherwise you should store it in different wallets that if one lose another can save you. Best of luck.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
March 20, 2019, 09:29:44 AM
holding several altcoins is the right decision but remember coins that have good development. if you hold one coin it will be slow to make a profit, you need to change the strategy with several altcoins and not just focus on just one coin, if you are a trading expert it's a quick way to make a profit.

I do not find your strategy sufficiently optimal, different altcoins are all exactly cryptocurrency, which in turn all moves in one direction in the wake of Bitcoin, therefore it is better to separate investments in cryptocurrency and in something else not connected with it.
sr. member
Activity: 1386
Merit: 406
March 20, 2019, 06:20:22 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.

I agree with you mate we can not tell which one of our holding altcoins are going to be most profitable in the future so i would advice that it is good to hold multiple altcoins in order to get more profits.
sr. member
Activity: 588
Merit: 254
March 20, 2019, 06:18:04 AM
I keep my coins in different wallets, I support diversification even in security matters. Private keys are also divided into several parts.
Yeah, it is good decision. Always make sure that your private keys are safe and nobody can steal them from your computer.
Yes, they provide encrypted private key which makes me sure that it's all secure. Among all the important thing about wallet is the way how the private key is being kept and I feel like I have them securely because of the encryption.
I think Multi Wallet is a good choice because it makes it easier for users to store various types of coins in one wallet and of course it's safe. I am sure almost all invest more than one coin because the chances are smaller and vice versa if investing more than one is bigger and of course the risk is also great to still depend on the coins we have.

A multi wallet is a must. The number of coins will only get bigger and having a convenient method to deal with all of them in once place is a requirement for adoption. Nobody wants to deal with 50 wallets. Imagine you would have 50 physical wallets to deal with or even more. Cheesy
Agreed with you, I've been using it and it's really convinient. This time I'll be trying Hodler hardware version since it has better version than the free app. It is a good storage for greater volume of coin.

Which of the wallet providers are you using? Having control over all of these assets is awesome, but some fear the risk of losing their keys, which is of course painful if you have it all in one wallet.
jr. member
Activity: 105
Merit: 9
March 20, 2019, 06:03:03 AM
Every coin in the coinmarketcap or the market is the best coin you can buy because all coins will increase although we don't know how higher the price can go. But it depends on how much money you have and make sure that before you buy any coins, you should analyze and decide to buy a cheap coin or expensive coins so you can directly buy the coins. And don't forget to not buy the coin with all in of your money because you need to have free money in your balance to prevent if there are any down for the price so you can buy more the coin.
jr. member
Activity: 175
Merit: 1
guestcrew.com
March 20, 2019, 05:53:51 AM
holding several altcoins is the right decision but remember coins that have good development. if you hold one coin it will be slow to make a profit, you need to change the strategy with several altcoins and not just focus on just one coin, if you are a trading expert it's a quick way to make a profit.
member
Activity: 518
Merit: 11
March 19, 2019, 06:01:52 PM
We must hold coins which have price features and future I see you have many tokens which haven't any price and dont know its because they haven't listed on any exchanges or projects have failed, holding multiple altcoins is very important as holding one coin or token is very risky ,i dont talk about BTC or ETH.
yes because if you only hold one and the coin doesn't turn out of course you are disappointed and you better hold some Altcoin that have great potential because if you hold more than one, the chances that you get will be more and that will help you, but You also have to focus on all the coins that you hold so you know their movements and you can make good choices.
full member
Activity: 644
Merit: 113
March 19, 2019, 05:12:16 PM
I keep my coins in different wallets, I support diversification even in security matters. Private keys are also divided into several parts.
Yeah, it is good decision. Always make sure that your private keys are safe and nobody can steal them from your computer.
Yes, they provide encrypted private key which makes me sure that it's all secure. Among all the important thing about wallet is the way how the private key is being kept and I feel like I have them securely because of the encryption.
I think Multi Wallet is a good choice because it makes it easier for users to store various types of coins in one wallet and of course it's safe. I am sure almost all invest more than one coin because the chances are smaller and vice versa if investing more than one is bigger and of course the risk is also great to still depend on the coins we have.

A multi wallet is a must. The number of coins will only get bigger and having a convenient method to deal with all of them in once place is a requirement for adoption. Nobody wants to deal with 50 wallets. Imagine you would have 50 physical wallets to deal with or even more. Cheesy
Agreed with you, I've been using it and it's really convinient. This time I'll be trying Hodler hardware version since it has better version than the free app. It is a good storage for greater volume of coin.
sr. member
Activity: 812
Merit: 256
March 19, 2019, 08:20:51 AM
We must hold coins which have price features and future I see you have many tokens which haven't any price and dont know its because they haven't listed on any exchanges or projects have failed, holding multiple altcoins is very important as holding one coin or token is very risky ,i dont talk about BTC or ETH.
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
March 19, 2019, 08:03:17 AM
I also do this, while holding a variety of altcoins, the purpose of doing so can share a large investment risk. In this case, in the case that most of the altcoins are losing money, there will always be a token that can be profitable.
sr. member
Activity: 588
Merit: 254
March 19, 2019, 05:51:50 AM
I think Multi Wallet is a good choice because it makes it easier for users to store various types of coins in one wallet and of course it's safe. I am sure almost all invest more than one coin because the chances are smaller and vice versa if investing more than one is bigger and of course the risk is also great to still depend on the coins we have.

A multi wallet is a must. The number of coins will only get bigger and having a convenient method to deal with all of them in once place is a requirement for adoption. Nobody wants to deal with 50 wallets. Imagine you would have 50 physical wallets to deal with or even more. Cheesy
full member
Activity: 686
Merit: 100
March 18, 2019, 05:22:06 PM
I think Multi Wallet is a good choice because it makes it easier for users to store various types of coins in one wallet and of course it's safe. I am sure almost all invest more than one coin because the chances are smaller and vice versa if investing more than one is bigger and of course the risk is also great to still depend on the coins we have.
sr. member
Activity: 459
Merit: 251
March 18, 2019, 04:45:42 PM
I also prefer to hold a bitcoin and all altcoins on hardware wallet, if some coins can't be hold an hardware wallet, i hold in paper wallet, like i do with ETN coins, and if not possible to make paper wallet i keep them on wallet encrypted.
member
Activity: 154
Merit: 24
The future of security tokens
March 18, 2019, 04:32:50 PM
Having most of your portfolio in one wallet is cool, so I prefer holding them in nano or coinomi wallet if I don't want to keep them on exchanges.
Keeping them on exchanges shouldn't even be an option for you, you have to be on the safer side, exchange hack can occur at any time.
One wallet is what I also use, trezor wallet,easy to use and keeps me safe
full member
Activity: 546
Merit: 100
March 18, 2019, 04:29:45 PM
for now, some of my coins are still competing online because I am still trading, but some of the coins I make for long-term investments are stored on hardware because I think this is safer.

so I keep my coins separately because I have a strategy to get profits now and later.
jr. member
Activity: 154
Merit: 1
March 18, 2019, 04:21:49 PM
Having most of your portfolio in one wallet is cool, so I prefer holding them in nano or coinomi wallet if I don't want to keep them on exchanges.
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