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Topic: Holding multiple altcoins - page 31. (Read 24733 times)

member
Activity: 518
Merit: 10
March 10, 2019, 11:39:05 PM
We should holding multiple altcoins it is hard to find which altcoins would be going to rise in the market most of the altcoins are being weak to make profitable.
member
Activity: 191
Merit: 10
March 10, 2019, 11:38:53 PM
Holding multiple coin is good.
You know almost of we are here is hold not only one coin.
And i agree if we hold many coin that will make profit for long time.
jr. member
Activity: 322
Merit: 6
March 10, 2019, 11:32:05 PM
Keeping coins in several wallets I think is safer. And using a metamask wallet or ERC20, I think it's safer. The most important thing for me is to save the password for the wallet. Don't let others know and don't save it online.
hero member
Activity: 2814
Merit: 576
March 10, 2019, 11:27:05 PM
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.
I really agree with your opinion that it's better to save it to the nano ledger,
because it's very minimal to lose our assets and very safe for us to use.
Hard wallet is the safest way to store your coins, you should invest on buying it when you have valuable coins to hold for long term.
With online wallets that are vulnerable to hacking, it will not make you comfortable sleeping at night knowing the risk of losing your investments.
member
Activity: 574
Merit: 10
March 10, 2019, 10:58:12 PM
Yes, i holding a multiple coin.
Now i hold BTC, ETH, XRP and EOS and many other ETH token.
For now i think enough, i just hope my coin will increase and make big profit.
full member
Activity: 910
Merit: 101
March 10, 2019, 10:53:42 PM
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.
I really agree with your opinion that it's better to save it to the nano ledger,
because it's very minimal to lose our assets and very safe for us to use.
full member
Activity: 574
Merit: 102
https://adonx.one
March 10, 2019, 10:41:48 PM
Keep it in different wallet is more safe, if we hold only 5 different coin is not difficult to create 5 different personal wallet for each coin.  I think holding maximum 5 different coin is more easy to handle it, just choise coins that have strongest fundamental and live product.
sr. member
Activity: 1316
Merit: 257
March 06, 2019, 07:31:20 PM
save in multiple wallets a pretty good idea. many use the use of this feature. because having a lot of wallets is not a big problem because making wallets is provided free by many providers. most of us are required to back up wallet data and use a trusted and safe wallet.
full member
Activity: 714
Merit: 114
March 06, 2019, 07:30:49 PM
I do not like to store many different types of coin if it does not bring me profit in the future, I see many people like to store many kinds of coin but it does not bring profit to them, I do not understand why they still like doing that and what is their purpose when  coming to this market ?

This diversification, so divide the investment between several currencies. This is the risk prevention behavior. When you invest all your money in one coin, you lose your money when the coin loses value. But, when you diversify, this can be fixed.

when you diversify you are also lessening your potential profit compare to when you invest all your funds in one coin for example in bitcoin  .  there's nothing wrong of putting your eggs in one basket  but as long as you know the coins that youl be choosing  .  same rule apply when diversifying your  capital onto different variety of altcoins    .
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 06, 2019, 07:17:32 PM
Many of us have hundreds of coins and tokens scattered in multiple wallets. I really laud this idea as it is a very safe measure of ensuring we don't put all our eggs in a basket.
Why do you criticize the opinion of this user? Having multiple altcoins don't guarantee that you will not get a loss if the bear market covers everything around crypto. Having one coin or investing in multiple projects will have the same faith if bull trend gonna hit markets soon.
full member
Activity: 2086
Merit: 193
March 06, 2019, 07:09:39 PM
Many of us have hundreds of coins and tokens scattered in multiple wallets. I really laud this idea as it is a very safe measure of ensuring we don't put all our eggs in a basket.
We should also make sure that we are putting in the right coins because no matter how many your coins are but if it just a shit coins its useless. I know we receive a lot tokens, but not all of them are worth holding for its still good to take profit. Hold the top coins and you will be good, this is my belief.
member
Activity: 909
Merit: 17
www.cd3d.app
March 06, 2019, 07:02:54 PM
Holding multiple and different coin is a good strategy to make some profit someday when time come that the value of coins you hold will increase so high. Also don't put all your coins in a single wallet. I always store my coins in a different wallet because if my one wallet gets hacked atlease i will not lost all my coins.
sr. member
Activity: 1526
Merit: 251
March 06, 2019, 06:58:21 PM
Holding multiple altcoins is a very good strategy because I believe diversification is key to investment in the blockchain so it's better to spread the risk over different coins and tokens than to just hold a few given the level of unpredictability of the crypto market.

As for me, I will hold only those coins I know which will be valuable in the future. Most of them, I already got rid of already as many altcoins has the same usual trend. Continuous decline day by day, so it is not worth storing them. But in terms of eth tokens, I store them in my MEW. Been doing that ever since.
Right, many people say don't save eggs in one basket, so choosing to save some altcoins is a good strategy,
the most important thing we know is that the coins we choose are coins that have great potential.
jr. member
Activity: 194
Merit: 1
March 06, 2019, 06:53:27 PM
Many of us have hundreds of coins and tokens scattered in multiple wallets. I really laud this idea as it is a very safe measure of ensuring we don't put all our eggs in a basket.
sr. member
Activity: 1988
Merit: 275
March 06, 2019, 06:45:03 PM
Holding multiple altcoins is a very good strategy because I believe diversification is key to investment in the blockchain so it's better to spread the risk over different coins and tokens than to just hold a few given the level of unpredictability of the crypto market.

As for me, I will hold only those coins I know which will be valuable in the future. Most of them, I already got rid of already as many altcoins has the same usual trend. Continuous decline day by day, so it is not worth storing them. But in terms of eth tokens, I store them in my MEW. Been doing that ever since.
member
Activity: 239
Merit: 17
March 06, 2019, 06:41:28 PM
Holding multiple altcoins is a very good strategy because I believe diversification is key to investment in the blockchain so it's better to spread the risk over different coins and tokens than to just hold a few given the level of unpredictability of the crypto market.
jr. member
Activity: 169
Merit: 1
March 06, 2019, 06:33:24 PM
There's no point storing or saving coins in different wallets. However, some people do this as a security measure incase one of the wallet gets hacked so they don't lose all coins.
hero member
Activity: 966
Merit: 507
March 06, 2019, 05:32:22 PM
If you take all necessary precautions, you can have it all in a single wallet, as a cold wallet, but transacting with it might be a bit uncomfortable.
legendary
Activity: 1890
Merit: 1003
March 06, 2019, 04:48:25 PM
Multiple altcoins can float your profit expectation in balance and it is better to have a floating balance than being a depend from the single coin.
copper member
Activity: 657
Merit: 1
March 06, 2019, 04:43:34 PM
Definitely its not a bad idea to diversify your holdings, especially when holding various  altcoins with great future potential. But my little advise will be to do proper due diligence before holding coins or tokens to avoid stories that touches the heart later on. Besides the team is real and there is a product backing or atleast an MVP.
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