Holding multiple altcoins - page 33.

roadwell890

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Quote from: gundala on March 04, 2019, 11:25:39 PM

I prefer multiple wallets, of course that supports erc20 for most bounties. If I have to use another wallet just to comply with the rules. I think it's more practical and easy, I just need to add some ETH reserves for transaction fees. Saving tokens or coins in wallet exchange is quite risky, especially if there is an exchange hacking case.

The number of hackers now will make bad things happen with the money you have even though the hackers already existed first. You should have multiple security to secure what you have.

security it is important that security starts from ourselves, because if we neglect to do anything our money can be lost.
hackers can do it so you have to secure more of your money.
now many things happen that make many people fail or other things that cause losses.

gundala

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I prefer multiple wallets, of course that supports erc20 for most bounties. If I have to use another wallet just to comply with the rules. I think it's more practical and easy, I just need to add some ETH reserves for transaction fees. Saving tokens or coins in wallet exchange is quite risky, especially if there is an exchange hacking case.

Ekyfitri

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Quote from: GGmith on March 04, 2019, 11:10:30 PM

coins that are worth holding are indeed to be maintained, but we must also remember that market prices move every time, so don't depend too long on the long term because the coins you have can fall deeper and can also rise, so always monitor the coins we have in the wallet.

that is certain, because every investment must also have a plan that we have made ourselves. but if the reality is good, why not sell it. therefore we must continue to see and pay attention to the market every day.

GGmith

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Quote from: Kasabus on March 04, 2019, 10:59:07 PM

Quote from: deredevil on March 04, 2019, 10:01:11 PM

Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

Holding is the key to success, the early investors were able to prove that this method is working.
However, we have to understand that not all coins are a good hold, we should know which coins that has the future potential so we will not be wasting our time holding a coins, at the situation now, it will help us to choose good coins, and they are also undervalued right now.

coins that are worth holding are indeed to be maintained, but we must also remember that market prices move every time, so don't depend too long on the long term because the coins you have can fall deeper and can also rise, so always monitor the coins we have in the wallet.

Kasabus

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Quote from: deredevil on March 04, 2019, 10:01:11 PM

Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

Holding is the key to success, the early investors were able to prove that this method is working.
However, we have to understand that not all coins are a good hold, we should know which coins that has the future potential so we will not be wasting our time holding a coins, at the situation now, it will help us to choose good coins, and they are also undervalued right now.

rajon

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The first thing I do is to collect or invest a token and know about the market very well and always check whether my wallet papers are right or not. I think I should invest in the tekens that make those tokens better. Well, let's see if I know the current market is very downbeat, patience will be good success. The investment will be easier to come back, and they will be well received.

deredevil

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Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

Natalim

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Quote from: D3m1r4wanti on March 04, 2019, 09:27:15 PM

keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.

It's not really, even if you keep different coins but the entire market falls, the effect is still the same.
Diversifying is a method to minimize the risk, not to avoid the risk.

Quote from: D3m1r4wanti on March 04, 2019, 09:27:15 PM

however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

Waves platform is good but affected with bear market, overall we are losing now if we have not invested early, but the chance to grow is still here.
We don't give up this early, holding is still one of the best strategy in times like this, hope that it will recover and we will see some good rise.

Caladonian

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Quote from: D3m1r4wanti on March 04, 2019, 09:27:15 PM

keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.
however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

Diversifying your assets if you have good knowledge about those coins you hold is good enough than risking your money with only one coin which is very
tough when you see situations like this, you have to learned and understand every aspect that might affect those assets that you bought, knowing that
there's certain movements that you need to follow as a pattern for your success.

In terms of wallet, just make sure that you know deeper about thos wallet that you will going to use to make sure your assets is safe enough while waiting.

D3m1r4wanti

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keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.
however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

Dobby070

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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?

What's wrong with holding multiple coins? I think it is the best way of gaining the assurance of winning in the market. You diversify your funds and in that case, your chance of getting a coin which is bullish is quite high.

fuer44

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the goal of a few different coins is to anticipate a few coins going down, but expect other coins to rise. it's like a safe step by comparing several different coins. but if I do, it's better to hodl one coin, for example, Etherum with a large amount. so when you go up, you will get a big profit, if you go down it will also be a big loss. that's how gambling happens in terms of investment.

adekogbe

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I like to diversify my tokens portfolio because I think it is extremely risky to have all my coins in a particular project so I buy about 10 to 20 altcoins and keep them in different wallet in the hope that during the bull market they will rise or at least 50% of them and I'll be in profit.
There's no point keeping just one single cryptocurrency or very few because you don't know how the market will move

Kelvinikke

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I am also holding several altcoins basically ERC 20 cryptocurrencies in myetherwallet hoping that the market will rise soon so that i can sell them to gain some profits but this bear market seems to be taken too long a time. But i believe strongly that we will see a rise soon hence i am not selling my coins very cheap at all.

Emilyp

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Holding multiple altcoins is great, it importantly spread risk among the different altcoins. Having all your funds consolidated in one coin can be very risky, since we have seen many coins value get wiped over night.

Osayo

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People have constantly had their wallets hacks which is why most people have now devised a new technique of splitting their altcoins or tokens into several separate unconnected wallets.

zolfa

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My advice is not only to collect coins, but do not know whether or not the coin is good or not, look for a good coin coin, which has a clear project and has entered many exchangers, it is better in my opinion

WalkerIVIV

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Quote from: faceoff97 on February 28, 2019, 05:43:08 PM

Quote from: cambda on February 27, 2019, 01:01:31 PM

The present market place is such a system is insufficient. It is currently dangerous to take altcoins, in light of the fact that Bitcoin still has not felt the base in spite of the fact that we are close by. On the off chance that we take altcoins it is just to work off a bounce back from the dimension of their base.

Altcoin has the same potential as Bitcoin, it's just that Bitcoin has the largest community backing up it's price. But it is still preferable to hold different kind of coins. Diversification also could lessen the potential loss from your investment, just be sure you have picked a better coin to have. There is a big hope that every coin could regain it's value sooner or later.

Or even more. Remember altcoin can give a lot of profit because it has a lot of possibility to be pumped more than 100% in over night. Bitcoin looks so stable and we can't expect a lot of profit and volatility from there. Diversification is a really important thing to us.

ije07

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Quote from: Okity21 on February 13, 2019, 03:33:55 PM

Of course, now Altcoins are very promising coins in which you should invest your savings.
I am sure that it is better to keep several different Altcoins until a certain hierarchy of coins, including new ones, has appeared on the cryptocurrency market.

altcoin is promising but what I want to ask is what altcoin do you mean? because there are so many altcoins and I don't think everything is good and promising so which altcoins are promising and worth to investing?
believe that, not all is good even when there will be a bullrun we still have to be careful when choosing an altcoin for investment

faceoff97

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Quote from: cambda on February 27, 2019, 01:01:31 PM

The present market place is such a system is insufficient. It is currently dangerous to take altcoins, in light of the fact that Bitcoin still has not felt the base in spite of the fact that we are close by. On the off chance that we take altcoins it is just to work off a bounce back from the dimension of their base.

Altcoin has the same potential as Bitcoin, it's just that Bitcoin has the largest community backing up it's price. But it is still preferable to hold different kind of coins. Diversification also could lessen the potential loss from your investment, just be sure you have picked a better coin to have. There is a big hope that every coin could regain it's value sooner or later.

Topic: Holding multiple altcoins - page 33. (Read 24743 times)