Topic: How to hold the top 20 coins properly? (Read 91 times)
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I Haven´t found a proper answer searching, so I´m asking here.
Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:
Bitcoin
Ripple
This proves you have no idea what you are doing. You want in same time invest in trully revolutionary technology, decentralized world first cryptocurrency Bitcoin and also invest in centralised, without limited supply sz*tcoin. Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:
Bitcoin
Ripple
You should revise ur idea/priorities first, research more, then plan smth.
Holding one coin is security challenge, holding so many, is a recipy for disaster.
You'll likely have to rely on a mix of 1) a hardware wallet with broad alt support and 2) desktop and web wallets, depending on what is available. Be extra careful when it comes to desktop wallets, as for some alts there's malware out there that tries to sell itself as an official wallet.
Paper wallets would be the most secure option beside a hardware wallet of course, but given the general lack of support and you likely having to shift around a lot, it's up to you decide whether they are worth the effort.
Paper wallets would be the most secure option beside a hardware wallet of course, but given the general lack of support and you likely having to shift around a lot, it's up to you decide whether they are worth the effort.
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Welcome,
First of all, I would not only look at the marketcap, because there are so many other factors who indicates a successful coin.
Check the marketcap 20 list 6 month ago. And please check different marketcap sources(webpages) some are not so correct calculated.
To your question, I store every coin in the safest way possible. This means a lot of effort and organization. but depending on your investing sum you have to do that.
Or you use only the coins in top20 which are supported by a hardware wallet.
First of all, I would not only look at the marketcap, because there are so many other factors who indicates a successful coin.
Check the marketcap 20 list 6 month ago. And please check different marketcap sources(webpages) some are not so correct calculated.
To your question, I store every coin in the safest way possible. This means a lot of effort and organization. but depending on your investing sum you have to do that.
Or you use only the coins in top20 which are supported by a hardware wallet.
Hello All
I Haven´t found a proper answer searching, so I´m asking here.
Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:
Bitcoin
Ripple
Ethereum
Bitcoin Cash
Cardano
Litecoin
NEM
Stellar
TRON
IOTA
Dash
Monero
EOS
NEO
Qtum
Bitcoin Gold
RaiBlocks
Ethereum Classic
Lisk
Siacoin
Objective: We want to store them securely and keep updating the list as soon as one enter/leaves the top 20 rank.
I´m new to this and can be wrong, but for what I read:
- we can´t store them on exchanges as it is not safe
- we can´t store them all on paper wallets as some of them are not supported
- we can´t store them all on hardware wallets as some of them are not supported
- we can´t store them on each in each currency´s wallet as most of them doesn´t have a wallet
How would you experienced people solve this? What do you recommend?
I Haven´t found a proper answer searching, so I´m asking here.
Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:
Bitcoin
Ripple
Ethereum
Bitcoin Cash
Cardano
Litecoin
NEM
Stellar
TRON
IOTA
Dash
Monero
EOS
NEO
Qtum
Bitcoin Gold
RaiBlocks
Ethereum Classic
Lisk
Siacoin
Objective: We want to store them securely and keep updating the list as soon as one enter/leaves the top 20 rank.
I´m new to this and can be wrong, but for what I read:
- we can´t store them on exchanges as it is not safe
- we can´t store them all on paper wallets as some of them are not supported
- we can´t store them all on hardware wallets as some of them are not supported
- we can´t store them on each in each currency´s wallet as most of them doesn´t have a wallet
How would you experienced people solve this? What do you recommend?
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