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Topic: Wallet vs Exchange - page 2. (Read 4338 times)

member
Activity: 336
Merit: 42
October 01, 2018, 07:01:38 PM
#83
I think it is dependent to you?
The more loyal to are to a certain token then you will store it on the wallet of the said token.  However, if you will trade on a regular basis, then have more of your tokens on exchanges.
newbie
Activity: 3
Merit: 0
October 01, 2018, 10:28:30 AM
#82
Is there a hardware wallet that is compatible with all coins?
jr. member
Activity: 188
Merit: 1
October 01, 2018, 09:53:29 AM
#81
I for example on the stock exchange do not hold coins. They're at Ben's there to sell or trade. And coins I keep on the desktop wallet is more secure.
newbie
Activity: 63
Merit: 0
August 07, 2018, 10:14:54 AM
#80
I keep all my money on the Wallet Exchange because it's safe for my money. Depending on the purpose of using my bitcoin, I will trade as needed.
newbie
Activity: 28
Merit: 1
August 06, 2018, 09:01:55 AM
#79
There is no exact ratio.

Holding your assets on exchanges is not recommended because, thus, you trust a third party with your private keys, which is always less safer than keeping the keys to yourself.

If you are a long-term investor, it is essential that you store your assets on a hardware wallet, such as Trezor or Ledger Nano S.

If, however, you day-trade, you of course gonna need those coins at an exchange.

So it’s completely up to you.
sr. member
Activity: 1491
Merit: 320
🐪
August 06, 2018, 08:50:33 AM
#78
If you are looking into long-term investment, then Wallet and (preferably cold storage) is better.

On the exchange, you only keep amounts you want to trade. Not more. Or the amount that you actually want to pay out.

There is at least one article on news that exchanges have been hacked. I don't like paying Gas for transfers from exchange wallet to my private one, but this is the only way to have them safe. In my case for the last three months its 100% on wallet.

I am looking into trading and investing now, so most likely will be transfering either onto Hot Wallet or Exchange, depending of what I want to do.

That is great, but what about when you have a lot of different coins? You would have to download all the wallets for each.
newbie
Activity: 14
Merit: 0
August 06, 2018, 08:25:35 AM
#77
I keep all my funds on wallets. The only exception is when I daytrade but I do it pretty rarely.
newbie
Activity: 34
Merit: 0
August 05, 2018, 03:03:00 AM
#76
Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?



You can keep your money on "cold wallets" and when you want to invest, use it.
newbie
Activity: 14
Merit: 0
August 05, 2018, 01:46:45 AM
#75
I hold all coins on exchange and wallet ( 60/30 )
newbie
Activity: 19
Merit: 0
August 05, 2018, 01:13:32 AM
#74
95% hold on the wallet because it is for the long term
and 5% hold on the exchanger for short term
jr. member
Activity: 210
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
August 04, 2018, 03:13:20 PM
#73
If you Hold long term,store in wallet is good option.I you intend to trade time to time keep your coins in the exchanges,otherwise you have to pay unnecessary fees for transferring coins wallet to exchange & exchange to wallet.
sr. member
Activity: 434
Merit: 436
August 04, 2018, 02:12:23 PM
#72
Is it like 50/50 or more like 90/10?

Also, keep in mind that it's at least as much important to have part of your funds in fiat. There you'll also have to decide if you keep part of the fiat on an exchange in order to be able to make quick decisions.
newbie
Activity: 23
Merit: 0
August 04, 2018, 11:15:12 AM
#71
If you are looking into long-term investment, then Wallet and (preferably cold storage) is better.

On the exchange, you only keep amounts you want to trade. Not more. Or the amount that you actually want to pay out.

There is at least one article on news that exchanges have been hacked. I don't like paying Gas for transfers from exchange wallet to my private one, but this is the only way to have them safe. In my case for the last three months its 100% on wallet.

I am looking into trading and investing now, so most likely will be transfering either onto Hot Wallet or Exchange, depending of what I want to do.
member
Activity: 210
Merit: 11
August 04, 2018, 10:45:25 AM
#70
Vote for exchange. It should be fast.
hero member
Activity: 1190
Merit: 534
August 04, 2018, 10:03:01 AM
#69
Well, crypto is all about self-responsibility and hence I do not keep more than 10% funds on the web wallets or exchanges. I am using Trezor hardware wallet and another paper wallet too where I hold my 90% of the funds under my control. As we all know that crypto transactions are irreversible, the only way to keep the funds secure is to hold it offline in a secure manner.
hero member
Activity: 868
Merit: 502
August 04, 2018, 09:15:21 AM
#68
I'm hold ERC-20 tokens only on my ETHWallet with Trezor Access. If that BTC or another blockchain I'm prefer keep it on exchanges(with 2FA)
newbie
Activity: 14
Merit: 0
August 04, 2018, 08:55:45 AM
#67
Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?



I also do it like you. 50/50 for Wallet vs Exchange
member
Activity: 235
Merit: 40
August 04, 2018, 08:33:42 AM
#66
%30 wallet (ledger nano s), %70 exchange. I normally keep all erc20 and neo(&nep5) tokens in my ledger but I want to buy the dip, sell the little pumps Smiley that's why I'm in exchanges more. Also I couldn't use stop loss (because everything was in ledger), some of my tokens are -5x in usd lol Cheesy
newbie
Activity: 24
Merit: 0
August 04, 2018, 07:09:53 AM
#65
At present, I will keep 30% coins in my wallet and 70% for the trading platform. My experience and knowledge are not so much, so I only use a small portion of my assets to invest in Cryptocurrency, I want I experience it myself.
newbie
Activity: 30
Merit: 0
August 04, 2018, 05:48:09 AM
#64
I keep it all on my wallet, 40% on the Binance trading platform.
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