Holding multiple altcoins - page 35.

Bezobraznike

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Quote from: zikabra on February 13, 2019, 11:58:32 AM

Different wallets for different altcoins. It is risky to hold everything in one wallet especially if it is third party wallet, you can't know what could go wrong and you really might lose all funds and then what.
Better safe then sorry.

I download wallet from official site, if there isn`t official wallet I wait for one. It`s like that with many
new tokens, you need to wait for trusted wallet, better than losing tokens.
I don`t have wallets that support multiple crypto-currencies. Until now I didn`t have a need for that, but
it can make things easier. There are couple that can be found, but I will wait for something better.

zikabra

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Different wallets for different altcoins. It is risky to hold everything in one wallet especially if it is third party wallet, you can't know what could go wrong and you really might lose all funds and then what.
Better safe then sorry.

pedpedped101

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If i will be holding my coins in a single wallet, then i just have to be careful about it, because it is almost equivalent to putting ones egg in one basket. If there is bridge in the security of that single wallet, the whole portfolio is gone.
If at all i will go with the idea of a single wallet, then it will have to be entirely private and not being used for any transaction. if there is any coin i want to transact, they i will have to transfer it first to another wallet that i own the private key first.

Ronaldcoin2017

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Well in this bear market i think holding multiple coins are really needed, because even if the market today is in a huge dip we can still wait for the next update of the price and of the price will rise we can trade our coins for us to earn a huge amount of profit. So I think if we have more asset we can also have a very big chance to earn because a coin has a different price and I believe that even if the market is in down status there are also coin that rise even in a small amount.

Sundaey

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I think the best is to hold your multiple altcoins in not more than two wallet, and that's just incase one of them got hacked and that hardly happens. And have multiple wallet can also cause lost of coins too, so I think just to is enough to hold them.

kiansantan

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I myself also intend to save the altcoin in the wallet. As much as possible I save altcoin in my wallet as a future investment. I'm sure, that the altcoin will find the price later.

umar22pk

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Im also holding some coins since a year, I have a bad experience of holding because my portfolio is more than 90% down.
But still hopes will raise market & my holding will be fruitful.

seggardinggins

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A good idea, we can save our coins in one wallet so it is easy and fast compared to storing every coin in a different wallet. as long as it's guaranteed safe, we need to try it, because we definitely don't just invest in one coin and the most important thing is we can maintain and produce quality coins.

romero121

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Having multiple altcoins in the portfolio will add strength to the portfolio. Because, we don't know when the market of each altcoins in the market. Upon the same, having this will give you growth unlike the market of altcoins in the down trend. For long term holding it is good to have just the top listed altcoins, but for the trading and short term profiting multiple altcoins in the portfolio is a must.

Altryist

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At the moment, there are many who keep a lot of altcoins in their portfolio. This is not a bad strategy at all because it may fire some kind of altcoin and it will block many other tokens that turned out to be unprofitable.

coinsycrip09

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Quote from: ongkok87 on February 13, 2019, 05:48:56 AM

it's a better way to get a big profit because if you hold a lot of high-potential altcoins it will be very profitable for us in the long term. because the altcoin promises results

yeah, but sometimes we can't predict the future of an altcoin. i once held many altcoins that looked very promising in the future, but ended sadly.

i will not try to invest in many altcoins, i only invest in 1 to 2 good coins. and is ranked 1 to 5 in the coinmarketcap.

prororo

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Of course there are many people who like to save in a single wallet but I prefer to save in a multiple wallet because I can forget it and be able to calm down without checking the price.

ringgo96

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Holding lots of altcoins in my opinion is not a problem and indeed this can be an advantage if indeed we are not wrong in choosing the altcoin that we currently choose as an investment

Kulitha

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In this bear market you should holding coins for long time. So I think it is more prefer to store coins on hardware wallet like ledger nano. If we using coins on online wallets it also more prefer to use multiple wallets(MEW).

Thyristor

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Quote from: SinLinJim on January 17, 2019, 02:05:37 AM

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.

We should be follow your tricks i mean your assets keep store in different wallet. Everything keep in one wallet this is very risky.
But too many wallets control is very difficult because many people lost their wallet private key. To using in Multiple wallet you have to must be back up in offline.

randyg29

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Yes of course And I think I would like to change my wallet even though I don't have much more holding currency in my wallet. And I will invest my savings I am just waiting to increase their value to invest in some currencies that has the potential to grow this year to have more holding currency.

iMark

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Quote from: mutrang23 on February 12, 2019, 05:53:55 PM

I think this is not good and great. Hodl too many different Altcoin will make you break down your investment, and you also break down your success so you will take more risks. I think it's best to choose only 3-5 different Altcoin.

Agree with you, especially the altcoins that are suitable for short term will certainly require a lot of time allocation to monitor,
holding a lot of altcoins will not be efficient for you, and not necessarily provide greater benefits, use only a few potential altcoins,

spike420211

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Multicurrency wallets are convenient. However, do not forget that any (ANY) wallet can be hacked, it all depends on the level of capabilities of hackers that we may not even be aware of. Use different wallets to reduce risks.

ongkok87

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it's a better way to get a big profit because if you hold a lot of high-potential altcoins it will be very profitable for us in the long term. because the altcoin promises results

Koobtcgal

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Holding multiple altcoins to me is the best strategy because it is known to be a good practice to divide your funds into smaller divisions than to hold one single token or coin. At least all altcoins do not crash one day. Some start before the other and in which case, you get advantage by withdrawing those with profits.

Topic: Holding multiple altcoins - page 35. (Read 24733 times)