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Topic: How to store multiple coins? (Read 858 times)

full member
Activity: 263
Merit: 100
August 22, 2017, 12:26:49 PM
#21
What if you're holding several different cryptos that aren't supported on the Ledger Nano S. If I'm invested in 10 currencies long-term how do I store them?

You store multiple cryptos the same you you store one crypto, install the wallet, generate an address or several address, make multiple backups and wait for moon. Cheesy
sr. member
Activity: 1022
Merit: 280
August 22, 2017, 11:11:48 AM
#20
This is become a pretty common question and I don't know why. There is no wallet is going to hold all of your Bitcoin and all the other coins. You could do that on some exchanges usually you're going to need more than one Exchange. Store them in their software wallet.
sr. member
Activity: 1111
Merit: 255
August 21, 2017, 10:30:40 PM
#19
What if you're holding several different cryptos that aren't supported on the Ledger Nano S. If I'm invested in 10 currencies long-term how do I store them?


Many Apps and Sites with multiple wallets. Like Coinomi Apss, and for website myetherwallet is the best. this is  what I use today to store my altcoins and bitcoins. And for monitoring I installed Blockfolio here you will see every up and down of bitcoins and other altcoins so I make my job easier.
hero member
Activity: 882
Merit: 500
August 21, 2017, 09:33:17 PM
#18
What if you're holding several different cryptos that aren't supported on the Ledger Nano S. If I'm invested in 10 currencies long-term how do I store them?
Yes , this is the real truth about the bitcoin and altcoins to have put all together in the single Wallet but still we have some options to have multiple coins Wallet together at one place that is coinomi .
You can found the coinomi Wallet at the playstore also , so instead to think much about it first try that app because that wallet support multiple coins even bch coin also , so that is better for use .
https://play.google.com/store/apps/details?id=com.coinomi.wallet this is the link to download that Wallet , hope not any problem will arise for you because Wallet has about every option for the coins to handle ( like import and export private key also ).
sr. member
Activity: 658
Merit: 255
August 19, 2017, 03:54:14 PM
#17
Use coinomi or jaxx wallet if you want to hold multiple coins together but if some of your coins are not supported, hold some coins on exchanges thus you spread the risk.
full member
Activity: 154
Merit: 100
August 19, 2017, 03:44:51 PM
#16
If you wanna have acess to your private keys, i'd suggest MEW (myetherwallet). You can store any ERC20 token in it, theres a very wide array of coins compatible with it. Other than that i don't think i know about any other wallet that comes even close to storing this many coins. You can check on each coins official site for their recommended storage option. Good luck with your buys Smiley
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
August 19, 2017, 03:32:32 PM
#15
Put them all on Bittrex and pray to the exchange scam gods for mercy.  But seriously... I'm surprised someone hasn't figured this out.  I bet there's some money to be made for a smart person (which isn't me.)

You can also diversify into different exchanges, if at all you go down the exchange route. If you do hold them for the long term on exchanges, I suppose one of them will eventually get hacked.
full member
Activity: 182
Merit: 100
August 19, 2017, 03:20:38 PM
#14
Thanks for all the great advice. Just trying to get an idea of how others are dealing with this issue. Keep em coming, the more ideas the better.
newbie
Activity: 37
Merit: 0
August 18, 2017, 08:40:01 PM
#13
if it is an eth based coin, can I send it to my eth wallet on mylecium or coinomi?

I have an nxt wallet with ardr in it as an asset. 18 of each. it isn't much at all, was just a test. now not sure what to do with it.
legendary
Activity: 882
Merit: 1001
August 18, 2017, 08:35:36 PM
#12
Put them all on Bittrex and pray to the exchange scam gods for mercy.  But seriously... I'm surprised someone hasn't figured this out.  I bet there's some money to be made for a smart person (which isn't me.)

That is right, if you want to trade these coins, it is better to put them on some big exchanges since you can sell them immediately, if you want to hold them for a long time, it is better to store them on the wallet,which you can ask the official person for help.
legendary
Activity: 2380
Merit: 2369
Catalog Websites
August 18, 2017, 08:09:30 PM
#11
Jaxx has some serious security issues, better use Exodus in that case.
Could you be more specific about it? Because I see to many people recommending Jaxx wallet for altcoins.
https://bitcointalksearch.org/topic/m.20939527

Quote
Although it is something new, Exodus is also being recommended by users. But what's special about it?
I like Exodus because is really simple to use and the team keeps updating it every 2 weeks more or less, improving it and adding new coins. The biggest issue (for me) is the missing 2FA at the moment, but it's in their roadmap.
full member
Activity: 392
Merit: 102
August 18, 2017, 07:18:48 PM
#10
Put them all on Bittrex and pray to the exchange scam gods for mercy.  But seriously... I'm surprised someone hasn't figured this out.  I bet there's some money to be made for a smart person (which isn't me.)
jr. member
Activity: 37
Merit: 10
August 18, 2017, 07:18:36 PM
#9
Jaxx has some serious security issues, better use Exodus in that case.
Could you be more specific about it? Because I see to many people recommending Jaxx wallet for altcoins.
Although it is something new, Exodus is also being recommended by users. But what's special about it?
legendary
Activity: 2380
Merit: 2369
Catalog Websites
August 18, 2017, 06:47:22 PM
#8
Jaxx has some serious security issues, better use Exodus in that case.
sr. member
Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 18, 2017, 06:35:46 PM
#7
Well first you need to have an exchanger and the exchanger should be supporting those coins you are to invest for the long term investment you are doing right now. And you will be storing those in that exchanger. And yes it is safe! 100%. But I am doing more on bittrex.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 18, 2017, 06:12:56 PM
#6
What if you're holding several different cryptos that aren't supported on the Ledger Nano S. If I'm invested in 10 currencies long-term how do I store them?
Just try to search the wallet that can be used to store your coin that doesn't support the nano ledger s. I mean you can try to use the desktop wallet or something like the web wallet that even safe to secure your money.
Because the developers give some option to store the token i mean the instruction already made by the way.
drm
legendary
Activity: 1176
Merit: 1005
August 18, 2017, 05:36:19 PM
#5
If you want to be secure you'll be holding them in offline wallets on a secure pc/ext hdd/usb stick or whatever.
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
August 18, 2017, 04:24:38 PM
#4
There are a lot of different options how to store them, for example Jaxx wallet or myEtherwallet, if you want your money to be safe.
As for me i hold them in trusted exchangeres such as Kraken and Bittrex Smiley
full member
Activity: 146
Merit: 100
August 18, 2017, 04:19:10 PM
#3
What if you're holding several different cryptos that aren't supported on the Ledger Nano S. If I'm invested in 10 currencies long-term how do I store them?
You can store your multiple coins in MyEtherwallet. I already used it for holding my coins for the long term. My plans for now is to invest my money. I'll keep, store and save my altcoins to a better, secured and safest wallet that I've ever known.
hero member
Activity: 747
Merit: 502
August 18, 2017, 02:49:56 PM
#2
I'd try Jaxx or Coinomi, if the coins are not supported there maybe just have local desktop wallets for just the ones that are not on the list?
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