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Topic: Safe Amount to Hold on the Exchanges (Read 2012 times)

sr. member
Activity: 378
Merit: 250
November 15, 2013, 09:00:56 PM
#25
Some big traders usually use 2fa on a clean linux computer

But inputs got hacked with 2fa on....
full member
Activity: 182
Merit: 100
November 15, 2013, 06:47:03 PM
#24
Some big traders usually use 2fa on a clean linux computer
member
Activity: 84
Merit: 10
November 15, 2013, 02:24:55 PM
#23
I think it's okay though. But try to minimize the risk is good
sr. member
Activity: 255
Merit: 250
November 15, 2013, 04:02:01 AM
#22
None, so many people got hacked...
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
November 15, 2013, 01:58:46 AM
#21
Hold as LITTLE as you need in the exchanges!
hero member
Activity: 826
Merit: 1000
November 15, 2013, 12:34:06 AM
#20
Yeah I keep them in wallet pretty much all of time, keep it in the exchange as little as possible.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
November 14, 2013, 10:03:10 PM
#19
The best solution is to keep them in your wallet and
if you want to trade keep on the exchanges only what you must.


I think this ^^^^^^ is a good suggestion.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
November 14, 2013, 10:00:36 PM
#18
What do you guys think of blockchain.info? I currently use it as a go to wallet but the input.io fiasco has me rethinking any online wallets regardless if they are an exchange or not!


Im considering a migration to Electrum. Tho i hear armory has some good reviews, not sure if i would use all its features. Just need simple and secure.

full member
Activity: 294
Merit: 100
November 14, 2013, 04:50:45 PM
#17
The best solution is to keep them in your wallet and
if you want to trade keep on the exchanges only what you must.
sr. member
Activity: 280
Merit: 250
November 14, 2013, 09:35:14 AM
#16
Theres been so many hacks/shutdowns that I would keep as little as possible anywhere except a safe wallet. The tried and true saying is to never put more in then you're willing to lose.
legendary
Activity: 1862
Merit: 1009
November 14, 2013, 09:02:38 AM
#15
None, they just get hacked and closed down for no reason...
member
Activity: 114
Merit: 10
November 14, 2013, 07:55:23 AM
#14
Safety is a good question.
I have lost Bitcoins on my own hard-drive and at Bitmarket.Eu exchange. I would suggest cold storage in a bank vault or something similar for large amounts of Bitcoins, smaller amounts maybe a £100 fire safe hidden under the floor boards. Keep what you can afford to loose on the exchanges in cash for quick trading profits. This might be $0 for some or $1m for others. For me it is £100-£1500.
full member
Activity: 238
Merit: 100
November 12, 2013, 09:08:52 PM
#13
What about Fiat, do you leave large sums at the exchanges for a long time. Especially sitting on limit orders or waiting for the next dip to buy in.
full member
Activity: 196
Merit: 100
November 12, 2013, 05:12:33 AM
#12
I had BTC0.6 max, and that is all I leave, most of the time after profit, I withdraw it to my wallet right away.

same here,   Grin
full member
Activity: 178
Merit: 100
Certified fox posing as a cat posing as a human
November 09, 2013, 10:14:42 AM
#11
The bare minimum. Also, once you're done trading, you ought to withdraw it to a safe location as soon as possible. Yes, it's hasslesome and might be outright unfeasible for people like margin traders, but otherwise you're risking it all.
full member
Activity: 192
Merit: 100
Hi!
November 09, 2013, 12:43:16 AM
#10
I just deposit whatever amount i need to trade and trade it ASAP. After trading, i immediately move it back to my own wallet.
sr. member
Activity: 364
Merit: 253
November 09, 2013, 12:38:08 AM
#9
I had BTC0.6 max, and that is all I leave, most of the time after profit, I withdraw it to my wallet right away.
member
Activity: 86
Merit: 10
November 09, 2013, 12:15:51 AM
#8
get them of the exchange as fast as possible after the trade

This right here
sr. member
Activity: 434
Merit: 251
November 08, 2013, 03:28:27 PM
#7
i have newer more than 1 BTC on an exchange if i trade large amounts i get them of the exchange as fast as possible after the trade
sr. member
Activity: 1008
Merit: 250
November 06, 2013, 07:54:14 PM
#6
Simple.

Don't risk more than you're willing to lose.

This. If the past tells us anything, its that bitcoins are only truly safe in a dead/cold wallet stored properly.
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