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Topic: Holding multiple altcoins - page 29. (Read 24743 times)

full member
Activity: 812
Merit: 114
March 13, 2019, 06:39:40 PM
Holding Multiple coins in one wallet is a good idea and it saves your time. And I have also read some positive article about Hodler. But Personally, I wouldn't suggest anyone store cryptocurrency there. Because there is no better option than Ledger/Trezor/hardware wallets to store all of your altcoins. Except these, be aware of using any kind of wallet or exchange to store your altcoins!
member
Activity: 313
Merit: 10
March 13, 2019, 06:20:27 PM
Even among altcoins there are a lot of differences in terms of their functionalities. It's important to pick various coins with functionalities that you think are beneficial for the user.
So, it would be better to only hold coins with the top rank because the coins at the top must have supporters and large-scale usage, which means it promises good profits if holding for the long term. Even so, it doesn't hurt to hold lots of altcoins if you do have good confidence in each altcoins that you have researched for holding in a certain period that will definitely be more profitable in the future.
if you are sure and will focus on the coins that you have and it would be better to hold some Altcoin because the opportunities you get will be more.
If the coins that you hold have a good future and have good quality, of course there is still hope to be profitable.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 13, 2019, 06:03:06 PM
Even among altcoins there are a lot of differences in terms of their functionalities. It's important to pick various coins with functionalities that you think are beneficial for the user.
So, it would be better to only hold coins with the top rank because the coins at the top must have supporters and large-scale usage, which means it promises good profits if holding for the long term. Even so, it doesn't hurt to hold lots of altcoins if you do have good confidence in each altcoins that you have researched for holding in a certain period that will definitely be more profitable in the future.
sr. member
Activity: 644
Merit: 254
March 12, 2019, 06:02:46 PM
Even among altcoins there are a lot of differences in terms of their functionalities. It's important to pick various coins with functionalities that you think are beneficial for the user.
sr. member
Activity: 840
Merit: 254
March 12, 2019, 06:01:52 PM
It is a matter of preference, it is way easier to hold all your coins in a a single wallet but that is also very risky since a hacker only needs to get access to one wallet and if he does you lose all your money, since I prefer security over convenience I prefer to hold my coins in several wallets that way if one of them is compromised I will not lose everything.
full member
Activity: 644
Merit: 113
March 12, 2019, 05:01:41 PM
What of the name that app?? Is that secure we control our private key?? If yes that so great because not only ERC-20 token also support many kind of coins. I Also hold mutiple altcoin but i only using MEW, sometimes i want to store in hardware wallet but the price is so expensive i think
It's called Hodler wallet they have free app available in  playstore and soon for iOS. It's a secure wallet since it gives you the full control over your private key. You might also wanna consider their hardware version here: www.hodler.tech/pro it's has great feature to offer better than the free app. Check out their website and find out more.
copper member
Activity: 490
Merit: 2
March 12, 2019, 12:10:08 PM
I am holding a lot of coins and always on different wallets and exchanges. The diversification method is the most important rule of every investor and if you do not want to lose all your funds one day, I would keep your coins on multiple wallets.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
March 12, 2019, 12:06:32 PM
i consider holding multiple altcoins will be much more benefical than holding just one specific coin, like when the price drops instead of loosing money from one coin, we can spilt many percentages of losses but still be able to keep our profit under control rather than just watch our money disappear.
full member
Activity: 602
Merit: 100
March 12, 2019, 10:57:05 AM
To hold multi alt coins its best to use myeatherwallet, but you have to secure your private key. MEW is best because you can hold almost all type of alt coins in this wallet.
You can also use hardware wallet, Ledger wallet, Trezor wallet or MetaMask is recommended to hold alt coins.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
March 12, 2019, 10:01:02 AM
Holding multiple altcoins is an advantage for us crypto traders or investors to earn profits with a high percentage. If we have multiple altcoins in our wallet or exchanges' accounts, then we can flexed or split our funds into other good coins with a percentage of pumping in terms or price.
full member
Activity: 518
Merit: 100
https://www.empirehotels.io/
March 12, 2019, 09:46:31 AM
I think you need to save it in a place that is more privacy.
such as nano ledger, or wallet that has a physical shape and is stored in a safe place.
jr. member
Activity: 350
Merit: 1
March 12, 2019, 09:40:26 AM
if I personally prefer to keep it on an exchanger, so far the risk of storing exchanger coins that have gone hack has never happened to me, so so far it's good to save on an exchanger, but to be safer indeed storing in multi wallet as you use and MEW for ERC20 is also good.
in general I only hold altcoins on MEW, or on exhanger if it's available. well, I think most crypto users do the same thing. many people say it's quite risky to hold coins on exchangers, but in reality it's pretty simple.
I think if you keep altcoins on binance then nothing will happen to them because the exchange is very well protected from hackers , but if you keep on small liquid exchanges that hacking is very often on such
newbie
Activity: 12
Merit: 0
March 12, 2019, 06:07:42 AM
I like to use a hardware wallet like ledger, you feel much safer using a hardware wallet to store coins instead of a desktop or mobile wallet
jr. member
Activity: 247
Merit: 1
March 12, 2019, 05:52:34 AM
I love holding my multiple altcoin in my Ethereum wallet but most at times it not about holding multiple altcoin but good multiple altcoin
newbie
Activity: 6
Merit: 0
March 12, 2019, 05:10:40 AM
I like holding my coins on a erc20 wallet like enjin which has hundreds of coin wallets to choose from. Its better because then you have one app instead of having to remember all your other coins wallets.
jr. member
Activity: 420
Merit: 1
March 12, 2019, 04:40:51 AM
Hold big money in to one wallet is risk, if we lose it w'll lose it all. I prefer to hold not only one altcoin and save in different wallet that more safe.
Hold multiple altcoins is better than one coin, if some of them down and some up we'll easy to recover but if only one coin and price go down so much we'll hard to get money back and we'll lose some % of asset.
If you have invested large amounts of money in cryptocurrency-it is best to store each of the altcoins on your own wallet without access to the Internet.
Personally, I keep mostly on one cold multi-currency wallet.I have a small amount in cryptocurrency and I often trade.For me, this option is more convenient.
jr. member
Activity: 544
Merit: 1
March 12, 2019, 02:39:01 AM
I hold multiple currencies mostly on alternate coins and it's being held on different blockchains like erc20, cordano, waves, stellar etc and Irish I can hold all this assets just in one wallet than having to get multiple wallets for them.
hero member
Activity: 896
Merit: 1008
Free crypto every day here: discord.gg/pXB9nuZ
March 12, 2019, 02:34:11 AM
Hold big money in to one wallet is risk, if we lose it w'll lose it all. I prefer to hold not only one altcoin and save in different wallet that more safe.
Hold multiple altcoins is better than one coin, if some of them down and some up we'll easy to recover but if only one coin and price go down so much we'll hard to get money back and we'll lose some % of asset.
hero member
Activity: 1204
Merit: 539
March 12, 2019, 02:33:09 AM
interesting, but I prefer to hold it on hardware, right now I'm using ledger, holding some assets there, I think there are a lot of choices where you prefer to hold it, as I see people using a single address, I mean eth address, yeah it's only for eth tokens, but it's quite safe while your security is pretty good, I think like ImToken app is good enough to use
legendary
Activity: 1890
Merit: 1003
March 12, 2019, 02:26:22 AM
if I personally prefer to keep it on an exchanger, so far the risk of storing exchanger coins that have gone hack has never happened to me, so so far it's good to save on an exchanger, but to be safer indeed storing in multi wallet as you use and MEW for ERC20 is also good.
For storing the ERC20 tokens MEW is safe and easy if you keep private keys away from online machines. Having multiple altcoins can boost the trading performance if the bull market gonna be a dominant trend in the market.
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