Pages:
Author

Topic: How to store Altcoins (Is Bittrex/Polo safe) - page 2. (Read 7415 times)

hero member
Activity: 1568
Merit: 544
Never leave a amount higher then you want to loose in a exchange. Or any web wallet.
newbie
Activity: 19
Merit: 0
Can anybody suggest something else except myEtherWallet?
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
Never try to store your coin on the exchange site, that means you're keeping your coin on 3rd hand. That's very bad in my opinion. And polo has a lot of problems right now. and i think if that's really bad in my opinion. Don't leave your coin on there.

I couldn't agree more with this one, store your coin in exchanger site is very risky to do, just use exchange site for trading and related for it. So don't store your coin on exchanger site for a long time, because third-party can potentially make a risk such as scam, trouble etc everything possible.
legendary
Activity: 1666
Merit: 1001
No that is not safe at all, most of the early users knew what is the danger of storing coins in exchanger, even the strongest and most reputable exchanger can suddenly collapsed and you will lost all of your coin, so it is better to safe in wallet, I know sometimes it can be irritating to save different coin in a different wallet but it is more secure
hero member
Activity: 3052
Merit: 651
Man. Those are exchange sites. That means you just exchange it there.
If there is an available wallet for your certain altcoin then use that.
I am not saying they are not trusted but it is better to be safe than not.
You will lose nothing by doing that. In fact, you will be doing yourself a favor.
sr. member
Activity: 952
Merit: 250
It's safe to store it on myetherwallet but not all of your coin supported on myethewallet. I can't really say that its safe to store on exchanges because you don't have the private key there are chances hackers can get your stored coins
member
Activity: 403
Merit: 10
I'm new in cryptocurrency.

Have been lurking this forum for last week and also did my first investments.

I have invested in:

GNT
GAME
STRAT
TRST
SC
WAVE

I bought them at Poloniex and Bittrex. Is it safe for now to store them there?
Or should I store them in separate wallets? I'm new, so It would be harder for me as I have to create a new wallet for each currency. Or is there any other safe alternative that can store everything? I have heard of Jaxx.

Also, you can discuss or suggest me about my invested altcoins. Do you think they are good? I have profited from all of them for now except for GAME cause I bought it right at the highest bump for about 3$ and then the big crash/dump happened when everything hit red. I, of course, didn't know about that would happen cause I started to read about crypto on that day, lol.

Any tips are welcomed Smiley


3rd party wallet or exchange site is risky better store them on hardware wallet (if you have one). But if you don't maybe you cold store them on a specific coin wallets.
hero member
Activity: 1540
Merit: 507
Never try to store your coin on the exchange site, that means you're keeping your coin on 3rd hand. That's very bad in my opinion. And polo has a lot of problems right now. and i think if that's really bad in my opinion. Don't leave your coin on there.
full member
Activity: 406
Merit: 100
I would reccomend to store them in wallet
i know it's a pain in the a** and all, but then you're sure they are safe Smiley
newbie
Activity: 19
Merit: 0
I'm new in cryptocurrency.

Have been lurking this forum for last week and also did my first investments.

I have invested in:

GNT
GAME
STRAT
TRST
SC
WAVE

I bought them at Poloniex and Bittrex. Is it safe for now to store them there?
Or should I store them in separate wallets? I'm new, so It would be harder for me as I have to create a new wallet for each currency. Or is there any other safe alternative that can store everything? I have heard of Jaxx.

Also, you can discuss or suggest me about my invested altcoins. Do you think they are good? I have profited from all of them for now except for GAME cause I bought it right at the highest bump for about 3$ and then the big crash/dump happened when everything hit red. I, of course, didn't know about that would happen cause I started to read about crypto on that day, lol.

Any tips are welcomed Smiley
Pages:
Jump to: