in the current market, such a strategy is ineffective. It is now risky to take altcoins, because Bitcoin still has not felt the bottom, although we are close by. If we take altcoins, it is only for the purpose of working off a rebound from the level of their bottom
In crypto platform number of wallets are available in the market so many of them Myetherwallet. But I recommend to buy hardware wallet because nowadays many wallets are stolen so we should protect our investment. If you have one wallet in 20 altcoins it is not safe so change your half of the altcoins in another wallet. 
Topic: Holding multiple altcoins - page 56. (Read 24732 times)
Depends on different things. If I'm holding erc20 tokens, then I use one single wallet for all of them for long-term holding. I use individual wallets for coins like btc, xrp, doge etc. My cold storage and regular trade wallets are different.
I use many wallets but when I can I store all my tokens in my ledger nano S for better security. unfortunately it's not compatible to all coins so I have to use also other online wallets.
Ledger wallet is an offline wallet which could give a higher security than of using online wallets but still we can't assured of its 100% security. Losing our keys is the most common problem around even using offline wallet. To prevent it from happening, we should take good care of our wallets and never engaged on unsecured sites.
in the current market, such a strategy is ineffective. It is now risky to take altcoins, because Bitcoin still has not felt the bottom, although we are close by. If we take altcoins, it is only for the purpose of working off a rebound from the level of their bottom
I use many wallets but when I can I store all my tokens in my ledger nano S for better security. unfortunately it's not compatible to all coins so I have to use also other online wallets.
Ledger Nano is good, but just like what you said, some coins we prefer is not compatible with it. There's a hardware wallet called Hodler that will be released this 2019 that could hold 100+ kind of coin. They also have desktop and Android app, you can check it out while the hardware is not yet out. It offers good security features also.
I use only one wallet from the beginning and I have more than 20 altcoins in it. I think myetherwallet is great for me so I use it.
I use many wallets but when I can I store all my tokens in my ledger nano S for better security. unfortunately it's not compatible to all coins so I have to use also other online wallets.
a pretty interesting idea, by storing it in an multi-opensource wallet, it will be safer from theft. that's a good choice
There are advantages and disadvantages of storing your altcoins to multile wallet. If for some reason, you lost the private key or the back up phrase to one of your wallet, those funds will just disappear or will be locked forever. Why don't you just store these altcoins on a hard wallet? It is more safer and reduce those risk or protect your investments for possible hacking? It is more safer to store your altcoins offline rather than storing it to a wallet that is prone to hacking because it will always be connected to internet.
It does not make sense to keep everything on one single wallet, because if you would get tricked, you will lose everything. Never forget to use the diversification and to hold your coins on different wallets and different exchanges.
On exchanges? I would never trust them no matter how highly trusted they are, they can get hacked too.
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 have only one wallet, which is prefer to put my whole tokens. For me is more safe to put into single wallet so that you remember only 1 address etc.
I don't think I should invest now. The decline in cryptocurrency is not over yet. The market is usually extreme. When it rises, it will rise sharply, so you should wait, when the bear market ends, this is the best time to invest in the cryptocurrency market.
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 am prefer diversify my investment in several coin. It can reducing risk in bear market like what happen right now. Some coin that i hold drop the price and my portfolio drop too but few coin that hold gain in this bear market, but not gain againts US Dollar, its gain againts bitcoin
Depends on the total value of your tokens. If the value is something like $5,000 or $10,000, then I won't advice you to store them in an open source wallet such as MEW. Better to use a hardware wallet.
It does not make sense to keep everything on one single wallet, because if you would get tricked, you will lose everything. Never forget to use the diversification and to hold your coins on different wallets and different exchanges.
On exchanges? I would never trust them no matter how highly trusted they are, they can get hacked too.
I prefer to hold multiple coins in multiple wallets, i use desktop wallet, hardware wallet and online wallet. Holding my coins in multiple wallets is good, i feel safe of it, reduce my loss if one of my wallet hacked.
Whether you promote a particular wallet or not, I don't care, but your advice is correct. Saving many types of tokens in one wallet makes it easy for us to control all the altcoins we have
we don't need to check multiple wallets to make sure our coins are safe, just one wallet, but make sure the security level is extraordinary so that it isn't hacked
we don't need to check multiple wallets to make sure our coins are safe, just one wallet, but make sure the security level is extraordinary so that it isn't hacked
For security reason, i think everyone need to keep their coins into different wallet each, even though it would makes the fee for the transaction increase. but it will be safer to put it into different wallet for every coins. But if we had hardware wallet, then it would be better to keep our coin safe.
it's a good idea, while waiting for price increases on the exchange, we better use a safer wallet. so we don't worry about the security of our coins or tokens.
I do have a hold on several different kind of coins/tokens.
And i prefer to split them into several different wallet. Just for safety precaution.
And i prefer to split them into several different wallet. Just for safety precaution.
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