Wallet and platform for 100 low value currencies ?! - page 2.

Thirdspace

hero member

Activity: 1232

Merit: 738

Mixing reinvented for your privacy | chipmixer.com

Quote from: Frostmaniac on January 21, 2018, 01:22:57 AM

Not sure if this topic was discussed, but I want to begin investing into cryptocurrencies and I was thinking about buying 100 different cryptocurrencies with very low price. For this I am looking for a wallet that accepts all this kind of currencies and also a platform with incorporated support to monitor the evolution of that many currencies.

when you're talking about low price crypto, they usually are coins with low trade volume
if that coin have low trade volume, most exchanges and wallets most likely will not support it
why? because they see low trade volume = not profitable coin,
maintaining low volume coin wallet will cost them more than the profit generated from its daily trading
try yobit, I think that exchange has many low price coins listed for trade

zhekinsp

full member

Activity: 882

Merit: 126

★777Coin.com★ Fun BTC Casino!

Quote from: spiker777 on January 22, 2018, 07:57:29 AM

Not many wallets support hundreds of different currencies, I'd suggest opening an account on an exchange such as bittrex, binance or poloneix. These tend to support far more cryptos than even the best wallets.

I think storing crypto currencies on an exchange platform is not secure and you may lose your valuable holdings.But if OP has the intention of selling all his currencies in short term then keep it in an exchange wallet.

Quote from: spiker777 on January 22, 2018, 07:57:29 AM

Or you could get a hardware wallet such as Trezor which has good support for a bunch of cryptos.

Trezor is not also a good option because it is not supporting all the crypto currencies,so it is better to search wallets for the each coins and store them individually for ultimate protection.

spiker777

sr. member

Activity: 1010

Merit: 279

Payment Gateway Allows Recurring Payments

Not many wallets support hundreds of different currencies, I'd suggest opening an account on an exchange such as bittrex, binance or poloneix. These tend to support far more cryptos than even the best wallets. Or you could get a hardware wallet such as Trezor which has good support for a bunch of cryptos.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

Quote from: Frostmaniac on January 21, 2018, 01:22:57 AM

Hello,

Not sure if this topic was discussed, but I want to begin investing into cryptocurrencies and I was thinking about buying 100 different cryptocurrencies with very low price. For this I am looking for a wallet that accepts all this kind of currencies and also a platform with incorporated support to monitor the evolution of that many currencies.
I have searched this but with not great results. Most platforms support only the 5-10 main cryptocurrencies, also the wallets I have found are or for the main cryptocurrencies or a little shady.
Any tips about this kind of investing and names of wallets/platforms that supports this ?

Thank you in advance

There are some wallets that supports many different kinds of Coins/Tokens. But, I personally would prefer to use their own wallets if different coins/token for more security and you're the one who is holding your own PRIVATE KEY = more safer than mobile and online wallets from different exchanges or what.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Android wallet Coinomi supports many coins. But, it's closed source, and keeping all your coins in a hot wallet for long term is bad practice.

For secure storage, you shouldn't rely on just one wallet that covers all, you should research all coins individually, and choose the best wallet for each coin. I prefer to keep each wallet in it's own VM.
Research, installation, backup and funding is quite a lot of work per coin. But, it also prevents you from just buying 100 random coins without having any idea what you're getting into.
You could make it a goal to buy 2 coins per week. That also means you'll have to research more than that, as you shouldn't just buy any random coin. This way, you'll buy 100 coins over the course of this year. If you're seriously going to do this, I would be very interested if you keep track of all your coins in a (self moderated) topic on this forum.

Frostmaniac

newbie

Activity: 1

Merit: 0

Hello,

Not sure if this topic was discussed, but I want to begin investing into cryptocurrencies and I was thinking about buying 100 different cryptocurrencies with very low price. For this I am looking for a wallet that accepts all this kind of currencies and also a platform with incorporated support to monitor the evolution of that many currencies.
I have searched this but with not great results. Most platforms support only the 5-10 main cryptocurrencies, also the wallets I have found are or for the main cryptocurrencies or a little shady.
Any tips about this kind of investing and names of wallets/platforms that supports this ?

Thank you in advance

Topic: Wallet and platform for 100 low value currencies ?! - page 2. (Read 423 times)