Not more than 0.10 bitcoins, and that is a huge money if we think about that, i do not like to have money in there, in fact, it is a nightmare for me to deposit money in there, what if the exchange closes? We are going to lose our money in there.
Topic: How Much to Keep on an Exchange (Read 246 times)
We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
I personally think you should keep in the exchange the least you can.Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
Its not so safe to keep your currency in exchange because its not your wallet and its not in your hand if someone hack and steel your and others money.
I keep my $40 worth of bitcoin in some exchanges for trading some altcoins if in case one of exchanges down or goes scam then I don't be worry its just a small amount and I have another $40 worth of bitcoin in other exchanges so continue earning bitcoin.
I don’t keep my coins in exchanges. When I need to trade, I will send the coin over to the exchange and immediately send to my wallet after trading. Unless the amount is really small and not worth to pay to withdrawal fee.
0.01 btc in all exchanger or different exchanger but atleast little by little so it's not hard to do because i do trade in mercatox and binance,i will think again where i do trading here in crypto but i will save some first.I think also doing invest here now is good for the future and i know also a people here earn 71 btc for only 0.2 in investing for 3 years and i want to be like that also,That's person make me believe to think like that and to be feel confident to do trading here now i also try investing in different platforms and everytime i earn i save it in blockchain.
We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
Keeping a bitcoin for a trade or for future things is risky but infact, keeping it makes you get an advantages than other bitcoin users. My suggestion is keep 25 to 50 percent of your bitcoin or it can be whole or any amount you want. Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
The amount is only for trading
for me i keep 25% from my assets on exchanges because I am day trading but if you're not then there is no point of keeping nothing on exchanges
Keeping coins in exchange definitely is risky, but if you are doing trading, there are not much other options. Best way is after profiting, cash out the costs and keep 80-90% profit in to roll.
You should have Bitcoins for trading as well as Bitcoins for holding.
Grab yourself a wallet and divide your Bitcoins into the wallet and the exchange.
The pros of having a bit of money in an exchange are that you quickly can sell it and/or buy into a coin that you think will increase in value. This amount should never be more than you can afford to lose. I.e., putting in $1000 and dividing $700/$300 would be what I do (even though I personally trade with 100% of my capital in Bitcoin).
So find a ratio that works well. 1/10 in trading? 3/10 in trading? Your choice!
All the best,
Fabian
Grab yourself a wallet and divide your Bitcoins into the wallet and the exchange.
The pros of having a bit of money in an exchange are that you quickly can sell it and/or buy into a coin that you think will increase in value. This amount should never be more than you can afford to lose. I.e., putting in $1000 and dividing $700/$300 would be what I do (even though I personally trade with 100% of my capital in Bitcoin).
So find a ratio that works well. 1/10 in trading? 3/10 in trading? Your choice!
All the best,
Fabian
It is never advisable to use an exchange as a bitcoin wallet and nor is to keep a large amount of bitcoin onto them no matter how trusted they may seem. Keep in mind the history, almost all exchanges have had "hacks" but I think these "hacks" have been more of an inside job rather than actual hack, anyway keep on exchanges the minimum amount you use to do trading daily, increase or decrease as you see fit, but never rely on exchanges to keep big amounts of bitcoin there.
We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
Me personally, I am keeping 50% of my total btc holding in a ledger and keep the other 50% on exchanges for trading. This is the risk management I am performing as of to date. Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
i keep my bitcoins only when want to make exchanges only. many exchanges sites close accounts and will lost my total income.
it is better to pay for fee more than lost it
I would say not a satoshi more than you want to trade. Exchangers are not wallets and your coins kept there could be exposed to risk such as hacker attack or similar.
Besides you can't control your private key which is bad enough.
And don't use only one exchanger, that is also good security meassure. If something bad happens to one of them you will not lose all your funds.
Besides you can't control your private key which is bad enough.
And don't use only one exchanger, that is also good security meassure. If something bad happens to one of them you will not lose all your funds.
Not more than half is probably a good rule? I don't know, though. I like to go with the assumption that if I'm keeping coins in an exchange, I could lose them any time. They're less secure, and you don't even control the private key. It technically isn't even yours. High profile hacks are often centered around exchanges, and inside jobs could never be ruled out. It's going to be hard especially if you depend on trading for profit, but a good rule would be to not keep more than you could afford to lose. Just keep in mind that the exchange you're keeping your coins on is only trusted until it isn't.
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I just keep most of my BTC and altcoins in offline wallet.
But yes, I do trading in exchange sometimes with 20-40% my btc's, buy and sell some altcoin there, make weekly profit.
But yes, I do trading in exchange sometimes with 20-40% my btc's, buy and sell some altcoin there, make weekly profit.
i keep 0.01 btc on my exchanger in order i want to do trading because deposit from bank to exchanger take long time to in my exchanger so i decided to keep little of my btc on exchanger
ZERO
Keep it safe, keep it off wallets and exchanges,
If you don't hold the private-key, then it ain't your money
They're already locking bank accounts 'tinged' by bTC, how long before the lock exchange accounts?
They're already locking coinbase customer in accounts in various USA states,
They're coming, and if you leave nickel, they'll consider it a donation,
Just like cops that steal your cash, its no problem for GOV to steal your crypto, who you going to call? Your congrassman?
Keep it safe, keep it off wallets and exchanges,
If you don't hold the private-key, then it ain't your money
They're already locking bank accounts 'tinged' by bTC, how long before the lock exchange accounts?
They're already locking coinbase customer in accounts in various USA states,
They're coming, and if you leave nickel, they'll consider it a donation,
Just like cops that steal your cash, its no problem for GOV to steal your crypto, who you going to call? Your congrassman?
I think this depends on how much money or cryptocurrency will come and go in your account. I only kept at least 20$ on my exchange wallet and everything is running fine for me.
As for me i am not keeping a substantial amount on any exchange i am using.
Whenever i am finished with my trading and i know that i will not be active for long time anymore i see to it that i will be able to transfer my coins back to my personal wallet for safekeeping.
Whenever i am finished with my trading and i know that i will not be active for long time anymore i see to it that i will be able to transfer my coins back to my personal wallet for safekeeping.
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