How to protect my altcoins? Please help.

AltcoinAuthority

sr. member

Activity: 616

Merit: 251

CryptoTalk.Org - Get Paid for every Post!

Quote from: shade_wrath on July 13, 2017, 08:57:40 PM

Use MYEHTERWALLET for Ether and EC-20 coins. Check how to cold store on airgapped computer.

Exodus is also good if you want a desktop wallet and just using for storage.

If you already invested thousand's of ur hard earned money, better buy HARDWARE wallets, you wont regret it. Just remember pass phrase and if you lost the wallet you can start with new one using existing pass pharse and ur old coins will be visible.

Don't ever trust a exchange and expect them to keep your money safe!

I would just download a regular wallet from the official website of the coin or just download the Ethereum wallet from their website instead of purchasing a hardware wallet. Downloading Ethereum’s blockchain is long, it’s worth it in the end because you literally paid nothing to get your coins secure.

I would trust anyone that makes a hardware wallet, you don’t know what’s really inside of it. Plus there more flexibility with a desktop wallet.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Exchange isn't the safest place to store your coins. You can store it on your computer, but computer virus and infections are risks you should not be taking. Try investing on hardware wallets. They aren't very expensive but worth buying. Else you could go for paperwallet like everyone suggested.

evader11

full member

Activity: 434

Merit: 100

Hexhash.xyz

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

You have invested many altcoins, that's great! Sometimes investing in many altcoins are not preferrable because you cannot focused on it when to sell it or withdraw it. So its good if you use few coins, 2 or 3 coins. And about the security of your coins, you need to save the coins from exchange to official wallet which you will own the private key and that is the best way to protect your coins from hackers.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

worst thing ever is to store on exchange, store instead on a multicoin wallet like coinomi, they are secured in your computer locally and more safe than exchange, then backup the wallet of coinomi and you are ok, against possible losses

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

You must put the altcoins on official of wallet the altcoins and never put your coins on the exchangers
i hope you have understood about the altcoins that you have invested on them,
so you don't confuse how to put the funds on the official of wallet and always do back up data
makes sure you put the private key of altcoins on safe place.

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

Some of these coins are bitcoin client coin so it's always best to keep a copy of the wallet.dat or private key in a safe place and if you are holding an ethereum based token always keep the private keys, do not put all your coins or even half of it in exchange.

shade_wrath

full member

Activity: 210

Merit: 101

Any store can buy, sell, and accept Crypto

Quote from: JustCauseBIH on July 14, 2017, 07:38:07 AM

Can you just send them to your ETH wallet and keep there? Do ETH wallet backup and store offline?

For example, im quite sure this can be done for TENX.

Only ETH and ERC-20 coins can be saved to MyEtherWallet(MEW) ..
- MEW has range of options .. download Cold storage and copy it over to airgapped computer(no internet connection) ... then run the MEW steps .. They also have steps on how to send coins from MEW using airgapped computer.
- MEW also help in generating paper wallet
- Just Zip and copy the entire folder and save at different locations for safety

JustCauseBIH

member

Activity: 91

Merit: 10

Can you just send them to your ETH wallet and keep there? Do ETH wallet backup and store offline?

For example, im quite sure this can be done for TENX.

shade_wrath

full member

Activity: 210

Merit: 101

Any store can buy, sell, and accept Crypto

No Exchange is safe ..
No wallet is safe either ... Trojans and malware
Some dedicated wallets need you to connect to internet ..

If you are low on budget and want next to best solution then go for Paper wallets .. tiresome but as strong as hardware wallet

ccsang

full member

Activity: 910

Merit: 103

If you planning long term holding coin , I will choose ledger S , You must enable 2FA If leave coin at exchange , because not protect private key by yourself , 2FA most important to protect your account

Salicorne

newbie

Activity: 17

Merit: 1

The best possible way, for whatever coin it is, is to use the proper wallet, downloaded of course from the official website, and ran on an offline computer. This way your coins are safe.

MarkReuter

newbie

Activity: 14

Merit: 0

you don't own your cryptoassets unless YOU, and ONLY YOU, know your private key. Never share your keys with anyone, not even your true love

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

The best way is to create your own Paper Wallet. You can search online on how to create a Paper wallet step by step. Thats more secure than other wallets online. You can also create 2 or more paper wallets to make sure and divide them from different paper wallets as well.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

you can save dogecoin verge, reddcoin, lbry in coinomi.
xrp, gnt, steem, dogecoin, nxt at coinpayment.
the other wallet that i know to save multi coin is jaxx but there is for limited coins and not like coinomi and coinpayment. i am using this three of wallet in my android phone wallet.

shade_wrath

full member

Activity: 210

Merit: 101

Any store can buy, sell, and accept Crypto

Use MYEHTERWALLET for Ether and EC-20 coins. Check how to cold store on airgapped computer.

Exodus is also good if you want a desktop wallet and just using for storage.

If you already invested thousand's of ur hard earned money, better buy HARDWARE wallets, you wont regret it. Just remember pass phrase and if you lost the wallet you can start with new one using existing pass pharse and ur old coins will be visible.

Don't ever trust a exchange and expect them to keep your money safe!

RedX

sr. member

Activity: 364

Merit: 250

Quote from: The Enoeht on June 27, 2017, 11:33:22 AM

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

It's a hassle if you are going to download the specific wallet for each of the coin so just activate your 2fa on your exchange site. Just make sure the exchange site is the real site because there are many scammers that copy that same site and you log in to them.

Pente

hero member

Activity: 528

Merit: 527

Quote from: The Enoeht on June 28, 2017, 03:18:30 PM

Quote from: Pearls Before Swine on June 28, 2017, 02:42:53 PM

I use Coinomi for multiple coins and it works pretty good. But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them. Otherd have suggested paper wallets, and that's a damn good idea...IF you're holding for the long term. IMO a lot of those coins aren't worth holding longer than a few weeks at most.

Why not?

Maybe they are garbage?

The Enoeht

full member

Activity: 190

Merit: 100

Quote from: Pearls Before Swine on June 28, 2017, 02:42:53 PM

I use Coinomi for multiple coins and it works pretty good. But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them. Otherd have suggested paper wallets, and that's a damn good idea...IF you're holding for the long term. IMO a lot of those coins aren't worth holding longer than a few weeks at most.

Why not?

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

I use Coinomi for multiple coins and it works pretty good. But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them. Otherd have suggested paper wallets, and that's a damn good idea...IF you're holding for the long term. IMO a lot of those coins aren't worth holding longer than a few weeks at most.

clardalan

member

Activity: 126

Merit: 10

Bitcoin amateur learning by doing

Quote from: ThePromise on June 28, 2017, 01:55:17 PM

Quote from: clardalan on June 27, 2017, 01:55:07 PM

read this:

https://steemit.com/cryptocurrencies/@alttrader/5-recommendations-succesful-investors-do-lessons-from-400-days-of-cryptotrading

dump. this link helps a lot, maybe it will also help you. it helps me so better to spread this than to sit back and let others know nothing about this.

gj spreading the word.

Topic: How to protect my altcoins? Please help. (Read 1581 times)