Holding multiple altcoins - page 41.

Kuchiyose

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Quote from: SinLinJim on January 17, 2019, 03:05:37 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.

Having a few wallets to store your coins is a good way to avoid hackers but it's true that very few coins have good prices right now because they are all down.

mhine07

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What i used in the beginning when i start to have altcoins is the myetherwallet which for me is convinient to use and to store my altcoins. Because it is better to store multiple altcoins in just one wallet , and have your own phrase or private key to save so that no one can open your wallet. As of now myetherwallet (MEW) is the only wallet i used.

nikola22

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Quote from: SinLinJim on January 17, 2019, 03:05:37 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.

it's a good decision but you should keep your private keys safely. the more wallets you have the more attention you have to pay to safety.

cryptowolfsu

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I prefer holding my coins on hardware wallet Ledger Nano S. The main reason for it is safety
and convenience. We can store unlimited coins. When we update our wallet we do not need to
transfer coins to anywhere. After updating and restoring, all the coins will appear automatically.

Raizou

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Is not this type of wallet a perfect target for groups of attacks? It can be work, but if it is not tokens, try to dry your wallet coins and keep your keys private, in which case, even if you can perform some backup, your coins are with that third party. See what happened to Cryptopia! It's true that they are different situations, but she held countless coins and only one attack, everything was exposed.

terahash

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I prefer to keep it in several wallets because I think it's safer if we do that because sometimes I forget to save key files, and also there are some wallets that can't even reset pins from an Android wallet and that makes me lose my money.

Myraidcoins

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Bitcoin share in cryptocurrency capitalization fell from 88% to 39% between January 2017 and January 2018.
Now about 50%, when it goes down, the altcoins will go up

various

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Hodler wallet? I have never heard it. If I were you, I would have preferred more familiar and reliable wallets. For example, you can buy nano s ledger. I've never heard of this wallet having trouble before.

andor.gellenhidi

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I also have today a few altcoins that may be valuable in the end, but given the current situation, I don’t think that the market can still do something useful for this. Let's see how things unfold. Today, after all, we can hope for a miracle.

Niam_bakri

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Quote from: darefreads on January 17, 2019, 11:04:49 AM

I agree with you holding many currency is the best thing to have to get a better profit in a multiple Altcoins that we like to hold. That's why I also choose to invest my savings in my favorite currencies that I have now in my wallet to get a better earnings in those assets and I think it is a good strategy to make sure you will have a better earnings.

a good choice if you want to have a lot of altcoin assets. but you have to see and choose the right altcoin for you to have. because altcoin price movements are very fast and cannot be predicted correctly. it will be very risky to have lots of altcoins when they don't have much growth.

darefreads

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I agree with you holding many currency is the best thing to have to get a better profit in a multiple Altcoins that we like to hold. That's why I also choose to invest my savings in my favorite currencies that I have now in my wallet to get a better earnings in those assets and I think it is a good strategy to make sure you will have a better earnings.

Opnsrc

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Quote from: djkyno on January 16, 2019, 04:09:11 PM

Holding multiple cryptocurrencies is my preferred choice, because this way I am multiplying the chance of earning, and also decreasing the risks. There are so many altcoins which have a good potential and deserve holding, and that's the best time to buy more of these coins since the prices nowadays are cheap.

It is always better to hold many altcoins. If one or two tokens fall, you also have a chance to earn on the growth of the other cryptocurrencies. I know the guys, who have more than 100 alts, but I hold about 20 of them now

TradingIsBreath

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Quote from: batang_bitcoin on December 06, 2018, 04:37:46 AM

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.

Exactly, I prefer using Trezor ot ledger nano s as we have used them and are trusted.

Trezor

Trezor is a hardware Bitcoin wallet which also acts like a USB device, which operates on “Zero Trust Approach”, which minimizes the compromise by a third party. It is one of the best multi cryptocurrency wallets.

Trezor is protected by a PIN and provides you with recovery seed if your wallet is stolen or lost. It is specifically a Bitcoin wallet but supports 14 other cryptocurrencies. It has an easy-to-use interface and saves from hacking and thefts by their difficult protection PIN.

Just that it limits its communication with other devices. When the USB device isn’t connected, it’s turned off.

More info on top wallets: https://coinswitch.co/news/top-10-multi-cryptocurrency-wallets-2019

SinLinJim

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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.

futureofeth

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It is always good to invest in different multiple coins because the fluctuation of the market will hugely impact on single holding. You need to hold the coin in the different wallet which will help you to be in safe hands because many exchanges are being hacked. Holding multiple coins is always the right choice.

oppo070

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Quote from: faceoff97 on December 06, 2018, 04:23:35 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?

Basically it was just the first time I saw that platform you use that store opensource cryptocurrency and wallet. Well, what about the security of that application or website? Do you personally hold the private keys of the wallet address that you've created there? I want to know so I can create another wallet.

X-ray

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Quote from: desticy on January 16, 2019, 04:48:42 PM

Quote from: styca on January 16, 2019, 04:06:06 PM

I prefer to store my coins in a variety of different places and a variety of different wallets. One reason is that I don't fully trust myself not to do something stupid and lose the key, so the danger is mitigated if I spread things out a bit

.

That's right. Situations can be different, from our mistake to some kind of misunderstanding as a result of which we lose or open access to our private keys. It is better to divide the risks, but not into too many parts, otherwise they will be difficult to manage.

Never try to put all of your fruits in the same basket and that should be our main thing to be remember before we wanna invest in the cryptocurrency. Cryptocurrency is about open platform that still not yet regulated and how safe the amount will be determine by the owners and not other party.

jofox

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it's just simple to earn a lot of coin and preparation for the grow of btc in this year probably Grin

perla

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Quote from: cajuelan on January 17, 2019, 12:26:33 AM

I prefer multiple and different wallets, For me its safe and it lessen the chance to compromised by someone.

If save in multiple wallets so we must pay more for fee, but actually it is good enough because if 1 get hacked (hope not happen with all of us) we still have money left and not loss everything.

cajuelan

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I prefer multiple and different wallets, For me its safe and it lessen the chance to compromised by someone.

Topic: Holding multiple altcoins - page 41. (Read 24713 times)