Topic: How do you manage to keep your crypto coins? (Read 1171 times)
Definitely a hardware wallet like a Ledger Nano. Then an exchange for the few that isn't supported by the Ledger. It's best not to hold coins at an exchange...
I am more confident to hold altcoins in big markets like poloniex and VIP, I am always uncomfortable if I save them on MEW or waveplatform because it always makes users panic when hackers master private key user, for koin2 which only enter in small market then I will immediately sell and re-focus in large markets.
Looking for any reviews on different wallets.. Does anyone read smth like that? Any articles of smth?
I'm using Electrum & mew. Private keys are saved in password protected .xlsx lists and stored in multiple hard drives.
But still how can you protect yourself if a hacker has a RAT on your computer and can just copy your password whenever you type it in?
I keep almost all my coins on the Exodus/Eden desktop wallet, which supports about 30 various coins, and can be recovered from any computer with a 12-word pass phrase, that I keep in my safe. I have only two coins that are not supported by Exodus/Eden, and I just keep them on their own wallet or on an exchange. The key is to print your recovery phrases or private keys and keep them in a secure place, and your coins will always be safe against computer crashes.
I store it in an offline wallet and let it sleep for many years and will only open it when I reach my target price. I also keep the private keys just to make sure.
How do you manage to keep your crypto coins?
I make sure I have not just one hard drive but more than one to make sure that I have back ups in case my crypto wallet is gone for whatever reason.
I make sure I have not just one hard drive but more than one to make sure that I have back ups in case my crypto wallet is gone for whatever reason.
There are several ways to backup/manage your coins and that depends on your personal preference. The most notable and most available way to each and everyone of us is to use an external hard drive that would be offline most of the time. I actually use this and it is very convenient to me. You should buy those hard drives that has built-in encryption software to add an extra layer of security to it. Another way that I use is to have a hardware wallet for your coins. Currently using Ledger (well-known hardware wallet company) but would like to try Trezor also. This hardware wallets are created for the sole purpose of storing coins (Bitcoin, altcoin, etc.) and they provide different level of securities with the ease of usage through their software that comes with it. I've been successful in managing my coins by using these methods and would come handy for anyone out there.
I only use my etherwallet because secure is the most important for protect ur coin, i dont know know how to use other wallet. I just have one
I still trust myetherwallet as one of the coin storage places
because there has never been a small cheating in all the exchanges that's what makes me judge the quality of performance is very good in satisfying users.
because there has never been a small cheating in all the exchanges that's what makes me judge the quality of performance is very good in satisfying users.
Keep or store them in a hard ware wallet or offline wallet. But I do check them from time to time and for those coins that have low value and are at a certain amount I just keep them in an exchange but I placed a 2fa on the exchange site to be sure also.
I'm just going to start investing in ICOs and I need to buy some coins to use them after. I even didn't know there is a difference between wallets. What would you recommend as the safest option for me?
If I still trust the eth I use myetherwallet. If I use the wave lite wallet to wave and have a Token because I don't like to use anything where I'm not in control. I would like private key security sensing sake. in managing my crypto coins
I much rather have coins securely stored online than a physical hard drive or back-up device. What happens if you someone robs your house or you get hit by a hurricane? This is why I only recommend e-wallets even if that might sound counter-intuitive, but at the end of the day its personal opinion.
I keep them locally, the most important reason is that I cannot 'keep' myself stay without trading 
I use blockfolio for the portfolio of my coins and the original wallets for each con unless it's a token or eth I use myetherwallet. Otherwise I use waves lite wallet for waves and it's tokens. I don't like using anything where I am not in control. I want the private keys.
If you are a long term holder i would recommend that you keep your coins in ledger wallet as this way you will not be in temptation to trade your coins and it is very safe.
However if you wish to trade in the mean time, a solution would be to split the amount of coins you wish to trade to few (3) exchange platforms. Not all coins for trading in 1
However if you wish to trade in the mean time, a solution would be to split the amount of coins you wish to trade to few (3) exchange platforms. Not all coins for trading in 1
most of my altcoins and ethereum coins are stored to MyEtherWallet.also i think to make your coins safer is to having them on the exchanger.security is the most importing part for cryptocurrencies so we should do our best to find best wallet or storage to store and and prevent being scamed. in excahnger is oppesite they could close down your account and you will lost all of your money so that why i stored it to other wallet for backup plan
I'm using Electrum & mew. Private keys are saved in password protected .xlsx lists and stored in multiple hard drives.
But still how can you protect yourself if a hacker has a RAT on your computer and can just copy your password whenever you type it in?
I've set up a VM for trying new wallets where I'm logged into the used websites forever, so there's no need for retyping passwords at any time.
And I never install any software other than needed to my origin OS.
I think saving different coins in exchange would be bad idea as well as it should not be stored on the wallet for which you don't hold any private keys. If you don't have private keys then it just mean one thing that is you don't control your wallet and coin by any means. Generating private keys and printing them is best option to go with it. Always store these private keys in three to four different location. If possible use hardware wallet like ledger which is the best one in the market. Keeping on digital pic connected with internet is not good as it can be hacked. Bette store it offline.
How do you manage to keep your crypto coins?
I make sure I have not just one hard drive but more than one to make sure that I have back ups in case my crypto wallet is gone for whatever reason.
I make sure I have not just one hard drive but more than one to make sure that I have back ups in case my crypto wallet is gone for whatever reason.
I think the new meoda is Decred, written from scratch, it's not a bitcoin fork hahaha
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