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Topic: Holding multiple altcoins - page 46. (Read 24713 times)

full member
Activity: 504
Merit: 115
Silent Reader~
January 05, 2019, 07:07:54 PM
Many wallets provide a feature to store multiple altcoins for PC or Android. But I prefer to use the wallet for Android like imToken and Coinomi. I can store multiple ERC20 Tokens on imToken and I can store multiple altcoins (and tokens) on Coinomi. So, I often use both wallets to hold my assets.
jr. member
Activity: 364
Merit: 1
January 05, 2019, 05:20:20 PM
I would love to store my altcoins in different wallets and secured one at that like hardware wallets and I prefer trezor but I can't afford it now that's why I'm still using ImToken to store my altcoins but I make sure I don't let second party in my private keys
full member
Activity: 462
Merit: 100
January 05, 2019, 04:20:59 PM
I prefer to store altcoins on different wallets and even ERC20 tokens, it is worth storing on different MEWallets. Only some coins I keep on the hardware wallet, as I have confidence in it, and in everything else it is better to diversify my risks.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
January 05, 2019, 03:48:48 PM
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?

And why it is better than MyEtherWallet and Etherscan?
On Etherscan I see my tokens, value of it.
And on MyEtherWallet I can work with these coins, send it to another place.
hero member
Activity: 1834
Merit: 566
January 05, 2019, 03:43:50 PM
holding various types of altcoins seems like a step that has a very high risk because the price of an unstable and full of altcoin prices will keep you stuck at a high price, but if you have the courage to enter and hold various altcoins as it would benefit long-term later when altcoin prices can rise to be expensive again.
I will not save a lot of coins, I prefer to store 2 types of coins that have high selling values such as BTC, ETH.
I saved both coins because the altcoin value depends on the BTC value. so saving the best coins is safer.
Thats a wise decision buddy cause investing or holding multiple altcoins is the faster way of making losses because altcoin are highly and easily manipulated. However, the last crypto currencies blood bath and market correction has done alot of damage to the market and alot of altcoin wont have the require utility to survive the market again.
sr. member
Activity: 658
Merit: 256
January 05, 2019, 03:22:02 PM
Hardware wallet is a good choice for holding multiple coins. Personally this is my preferred wallet over online wallets. For those coins not supported by hardware wallet, I will keep in the desktop wallet by developers.
member
Activity: 406
Merit: 10
January 05, 2019, 02:33:05 PM
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?


I haven't really found a wallet where I could store most of my tokens/coins. So they are mostly stored on their own wallet or some even on Exodus which supports more cryptocurrencies. Also, I'm still holding some coins on exchanges because I'm sometimes trading with them, but definitely for a long term hold I'll put everything on coresponding wallet. It's a little pain having all those wallets installed and trying to manage them, so let's hope some great all-in-one universal wallet will come soon.
hero member
Activity: 1043
Merit: 500
January 05, 2019, 12:42:13 PM
There are many ways to keep your coins in your wallet and when you need to bring them to the exchanges and trading. I still like to keep the coins in Myetherwallet because I usually use this form for my coins.
newbie
Activity: 84
Merit: 0
January 05, 2019, 12:41:19 PM
Sure I am. It's gives me more security to my portfolio. If one will drop the next one will go high. I hope. Or one will go faster to the moon. It's a diversification. And it's the thing that everyone have to learn. Also I buy only market tokens. Because mostly tokens from ICO dropped in a price. But I take a part in a bounties of a campaigns I like. This give me more time understand project and a team. The last one I like is from Huobi Russia. Very interesting.
full member
Activity: 405
Merit: 136
January 05, 2019, 11:59:44 AM
I don't think that single wallet for all coins is a totally good idea. Never put all eggs in the same basket.
Moreover for holders would be usefull not a wallet but a web-table when coins amount could be added and total amount of money in BTC\USD equivalent will be visible
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 05, 2019, 11:47:19 AM
storing lots of altcoins in one wallet is very practical, but it is very risky because phishing often happens and for that I always keep it in several different wallets
When the hacker can access the wallet and the owner will be loosing all of his altcoins instantly without any notice. A lot of people have experienced on this thing and then just try to use multiple wallets for a lot of altcoins to make them being decentralized.
full member
Activity: 1036
Merit: 109
January 05, 2019, 11:40:20 AM
I think storing it in a multi currency hardware wallet is the safest storage where you can store your altcoins. Especially if you are holding a huge amount of altcoins. That way you can secure your assets from hackers.
copper member
Activity: 266
Merit: 0
SYNCHROBIT
January 05, 2019, 11:34:48 AM
This is the first rule of every investor, to keep your funds on different wallets, because if some wallet is hacked, you would still have some funds left. Never forget to use funds diversification to stay more safe in this industry.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
January 05, 2019, 11:29:47 AM
I don't think it's a good idea to keep everything in one place. In the near future I will be thinking how to organize the shipment of Tokin to other wallets. Just to protect yourself from hacking.
full member
Activity: 1092
Merit: 101
January 05, 2019, 11:21:14 AM
storing lots of altcoins in one wallet is very practical, but it is very risky because phishing often happens and for that I always keep it in several different wallets
full member
Activity: 854
Merit: 101
January 05, 2019, 10:28:59 AM
I have on wallet that hodls almost half of my cryptos. So far it has not given me any problems. But I also hodl some of my assets in other wallets for security purpose. Although having different wallets for different cryptos takes more effort to manage, but this will be beneficial when one wallet gets hacked you still have control over your other assets.
jr. member
Activity: 406
Merit: 2
January 05, 2019, 10:19:27 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 i think is that if a wallet can hold many different platform coins it will always be an advantage compare to a wallet that can only hold coins one platform it is convenient to transfer coins to and fro.
member
Activity: 840
Merit: 40
January 05, 2019, 10:12:54 AM
I also prefer to hold multiple coins because if we hold only one coin then it is riskier rather than holding multiple coins and I prefer to hold my coins in hardware wallet because hardware wallets are most trusted and safest wallets.
sr. member
Activity: 2030
Merit: 269
January 05, 2019, 09:38:28 AM
I think it's a new one I would have to check its reputation first, before using it, I also like to use multi-currency wallet, but I am more convenient using a desktop wallet if it has one I will test it, so far all my wallets are desktop version because there have been to many hacking on online-based wallet.
hero member
Activity: 1638
Merit: 505
January 05, 2019, 09:32:32 AM
I myself also invest in a lot of coins and tokens but of course my nominal difference is different depending on a risk consideration if the worst situation happens. we ourselves know that nowadays many projects that are dead and deceptive must certainly be able to do prevention
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