I think it's never gonna be a right move to
Keep all your crypto assets in any exchange.
I would always prefer to keep my assets in my possession
Where I've the private key.
If you are a active trader then you can
Keep a certain amount in any exchange but never the full amount.
Topic: Keep all crypto in trading platforms or wallets? - page 8. (Read 1714 times)
We are know that own wallet is better safe than trading platforms. If we put our assets in the market, so if the market got hacked, our assets was gone too. I think it's not safe for us.
What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
I prefer holding my coins in wallets because placing it into trading platforms are very dangerous since there are exchangers today that are actually stealing their investors coins when the market prices starts to pump up.
That would be the best thing to execute by the trader since if people will trust up their balances on hot exchanges then possibly they will be compromised on a huge problem brought by what they called safe exchanges. We should see those past exchange hackings events and try to look this as a reminder that we shouldn't put all our money on the placed where we don't have control.
I believe that 70% Deposit should lie on cold wallets. You don't have to trade with that money. 30% can be allocated to trade for more income and to meet the trading needs in risk
What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
I prefer holding my coins in wallets because placing it into trading platforms are very dangerous since there are exchangers today that are actually stealing their investors coins when the market prices starts to pump up.
I think keep all cryptourrency in trading platforms will do than in wallets because in terms of security I believe trading platforms have the best, so less worries about negative thought in our mind.
If you are a short tern trader, you can keep your funds in an exchange as you trade it constantly but if you are investing for a period of say 2 months and more, you need to keep your coins in the wallet you control its private keys.
Since cryptocurrency market is not stable then keep in exchange site is the best for this time so we can immediatelly sell when the price rise. Although it is not so secure because the trading site could be attacked by hackers or turn in to scam.
Keep it on your wallet. Do not ever store your funds in exchange because it is more accessible in hackers. Cold wallet is more secured and safe. So, I prefer to put it in MEW or any cold storage than in exchange. If we will keep our tokens in wallet, we will have an assurance that when we open our wallet, our tokens are always there.
I agree with you, I think that it is more safe when when we keep all crypto in wallets.
It is not really advisable to put or keep your crypto assets in cryptomarket or any trading platforms because they are very vulnerable to hacking. Only transfer them if you want to have transaction on these platforms than keeping them or you will regret it.
You do not need to trust the exchanges and leave them to store a crypto currency for a long period of time, even if the exchange is very good and well-known. Transfer the crypto currency to a paper purse, it's not very difficult.
For me in the two of them I’m prefer to keep all cryptocurrency in trading platforms because it is more safest in terms of security that the company providing
because I know my investments is in the good hands.
because I know my investments is in the good hands.
No offense, but shapeshift is a scam, the same for all the other websites that are just like this.
And trading wallets are not as safe as they seem to be, just avoid them
And trading wallets are not as safe as they seem to be, just avoid them
Personally i prefer to keep all crypto in exchange so i can trade it to maximize the profit from high fluctuacion, and to minimize the risk i used about 6 different exchanges and not forget to turn all security features. My aim is to make more money from high fluctuacion so though more risk i prefer to keep all crypto on the exchanges, and also i withdraw some profit in to fiat.
It depends. If you're a day trading person or a holder.
If you'r a day trader. Definitely put some on exchanges. But remember. Never put them all at one place. The risk is there. Be smart to split them to 2 or 3 pieces. Be aware of scam websites with similar domains. Double check everything.
If you're a holder. Just buy a cold wallet to prevent someone trying to hack your pc or laptop. Send your coins there and wait for the top. Or, keep your paraphrase somewhere really safe. Buy a good antivirus and malware protection app. Never use a public network. And that's it. Your portfolio is safe.
Good luck!
If you'r a day trader. Definitely put some on exchanges. But remember. Never put them all at one place. The risk is there. Be smart to split them to 2 or 3 pieces. Be aware of scam websites with similar domains. Double check everything.
If you're a holder. Just buy a cold wallet to prevent someone trying to hack your pc or laptop. Send your coins there and wait for the top. Or, keep your paraphrase somewhere really safe. Buy a good antivirus and malware protection app. Never use a public network. And that's it. Your portfolio is safe.
Good luck!
I think keeping all crypto in trading platforms are not safe, as they can get hacked. It would be better if you keep them in wallet. Blockchain.info is a very good wallet, you can keep bitcoin here, for altcoins you can pick myetherwallet or metamask.
Yes and through this years there are many hacking of exchanges that happened because the money is all on this sites. You can have it in a different exchanges wallets and for much convenience so you would not be worried is to keep those coins in a compatible cold storage or hardwares. Ether wallet is not so much safe nowadays there are cases that it was been hacked. 
I think keeping all crypto in trading platforms are not safe, as they can get hacked. It would be better if you keep them in wallet. Blockchain.info is a very good wallet, you can keep bitcoin here, for altcoins you can pick myetherwallet or metamask.
For me between keep all cryptocurrency in trading platforms or wallets,
I’m prefer to the trading platforms than to wallet because this time I think trading platforms is the best choice to be choose because they are the one of the best in this business.
I’m prefer to the trading platforms than to wallet because this time I think trading platforms is the best choice to be choose because they are the one of the best in this business.
I save Bitcoin in the Exchange market because I trade every day.
but for the sake of convenience then save your Bitcoin in the wallet offline.
and once again all those decisions are all held by you.
but for the sake of convenience then save your Bitcoin in the wallet offline.
and once again all those decisions are all held by you.
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