Topic: Holding multiple altcoins - page 49. (Read 24713 times)
In my personal opinion, it would be wise to hold multiple coins in a multiple wallets because hackers are prone to affect investors right now, they do what it takes to stole your coins. So a good preventive measure would suffice.
Sometimes i am forgot what the alcoins i have.
When you start working with crypto you can path all your shitcoins but after some perioud you understand what better hold strong coins
if possible, I also only want to hold strong coins, but I am a bounty hunter so there are several types of coins that I have.When you start working with crypto you can path all your shitcoins but after some perioud you understand what better hold strong coins
but I think holding a few coins is not too bad because I can trade with lots of coins because sometimes if we only have one coin we cannot always trade because the conditions are not possible.
Most of the time I will deposit coins on my wallet and trading platform. I think this is enough, I am easier to use and save. But I also need to always prevent the wrong operation to prevent the disclosure of the private key.
Sometimes i am forgot what the alcoins i have.
When you start working with crypto you can path all your shitcoins but after some perioud you understand what better hold strong coins
When you start working with crypto you can path all your shitcoins but after some perioud you understand what better hold strong coins
Investment diversification is a very good strategy to implement. To be able to create income consistently and get more amount, investment in more than one altcoin is needed. The growth of altcoin is currently quite intense to be able to continue to be active and compete with other coins. So that it will provide promising hope for the results of developing the value of coins.
Diversification is the basic principle of investment management. But I'm not sure how you will be creating consistent income by investing in multiple altcoins. You mean you will be selling your coins one by one so that you will be making regular profits ? I'm not sure how it will be possible because when you will be needing to sell one coin there will be no guarantee that coin is already into profits zones.I thought I would hold the altcoin in my ethereum wallet, for me it was good and safe even though I kept it for years.
You thought but you did not go for that ? Honestly I'm not getting what you are saying. You can hold tokens in your ethereum wallet and safety of it is purely depending on how securely you are storing your Private Key and password.
I always prefer to hold my token more than one wallet. Cause I don't have a ledger so I don't feel that much secure so it's better to hold in more than one wallet. And if you think it's hard to handle more than one wallet then put some coins in exchange wallet but chose only good exchange like binance. And I am not a fan of multiwallets. Cause I always prefer official or official suggested wallets. And most of the time that wallets works fine. Yeah you have to take care of many wallets but I can do that effort for my coins and that's absolutely bfine for me. And whatever you use use the most popular and good rated things and use open-source also.
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?
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 only use MyCRYPTO desktop never read of that hodler it's a good name actually, for a wallet, will check it out and see how good it is but before that, I will have to read reviews about that kind of wallet, so many eth based coming up now.
I thought I would hold the altcoin in my ethereum wallet, for me it was good and safe even though I kept it for years.
I do have multiple kinds of coins/tokens holding for the future.
I prefer having them on my wallet even on a single wallet as long as the wallet address has never been to a public spreadsheet or whatever.
As long as the private keys are kept safe in my computer and back up files.
Some of my tokens which are not to keep for a long time are just on my exchange wallet.
I prefer having them on my wallet even on a single wallet as long as the wallet address has never been to a public spreadsheet or whatever.
As long as the private keys are kept safe in my computer and back up files.
Some of my tokens which are not to keep for a long time are just on my exchange wallet.
I prefer to have lots of wallets because for me it will be safer even if my computer is attacked by malware, it will make my coins safer than those stored in a single wallet.
and also I don't like installing wallets on my computer so every time I have saved my coins I will uninstall the wallet and save my private key in other hardware.
and also I don't like installing wallets on my computer so every time I have saved my coins I will uninstall the wallet and save my private key in other hardware.
Holding multiple coin is best for us. I have got 18 different token in my ERC20 wallet and rest of token are in different exchange. Many altcoins is better than the one coin.
Holding multiple altcoins can lead to a positive outcome of having a potential coins. For example, if you are holding about 20 different coins, there would be atleast one that has a good market value in the future and if that happens, you would be so lucky.
And other coins will not have the same fate, it is impossible for the 20 coins held will be good on the market. It's better to hold just a few big potential coins so as not to lose a lot of money. 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 think it will be much safer if you will diversified your coins into different wallet. We can't be sure that you may lose your private key or got into phishing sites at least you still have the other wallet. That you will not lose all of your coins. 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?
Holding multiple altcoins can lead to a positive outcome of having a potential coins. For example, if you are holding about 20 different coins, there would be atleast one that has a good market value in the future and if that happens, you would be so lucky.
I like this wallet as well as you, but I use Myetherwallet, this is a very convenient wallet!
I think that you need to invest your money in only one cryptocurrency and remain faithful to her and not to have a lot of currencies and nothing in them
Investing all your money into a cryptocurrency is not a good idea, if you do so, your risk will be very high if the price of that currency falls! Do not ever do so if you invest a large amount of money 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?
Now I am using ERC20 wallet , I think it is good to store different coins and it is very secure if you do not give your private to anyone, but if you hold a large amount of coins, keeping it in different wallets is always a good idea 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?
Yes, of course, just as you are the author, and you need to act because it is maximally comfortable to store cryptocurrency in powerful wallets
I think that you need to invest your money in only one cryptocurrency and remain faithful to her and not to have a lot of currencies and nothing in them
Holding a number of altcoins of course will give you many benefits for the future, but you must be more careful in holding some of your assets, choose a safe wallet to save your assets in the future.
Holding number of different coins will help any investor for not missing out any possible opportunities. It means diversification is always good because you will be covering all your known opportunities. But managing them effectively for securing them and watching them for making decision for selling kind of things are big hassles for any investor but by practice we can make it easy over the time. Jump to: