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Topic: What do you choose between wallet or exchange ? - page 10. (Read 1018 times)

full member
Activity: 490
Merit: 100
Depend in my situation, when I need money I Will choose exchange to sell my coin as soon as possible, no problem if the price just a little bit goes up and I only get a little benefit but I never sell coins when the price lower than the price when I buy.
member
Activity: 238
Merit: 38
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

Depends what do you think by short term, if sort term can be seen like few weeks, then you could keep coins in your own wallet. You don't need hardware wallets for your bitcoins to be safe, paper wallet can be good alternative.
full member
Activity: 574
Merit: 104
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I have divided my invest into two parts, one part is long term so i will buy a hard wallet and put it in this, and the rest is short term and mid term will be send to exchange to can sell and buy anytime
 
As always it's the most right answer. It's classic strategy. Long-term - on wallets, short and mid - on exchanges. Why need to create new topic for this, I don't know
member
Activity: 322
Merit: 12
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.

I have divided my invest into two parts, one part is long term so i will buy a hard wallet and put it in this, and the rest is short term and mid term will be send to exchange to can sell and buy anytime
 
newbie
Activity: 274
Merit: 0
Exchange is less secure than wallet. If you prefer to hold some particular coins, just keep it on wallet and sleep well. Exchanges are obviously good for trading.
member
Activity: 100
Merit: 12
Use exchanges just for exchanging Cheesy and use wallet in order to store for a long period
full member
Activity: 322
Merit: 103
If you are not trading those money then you should keep it in your wallet. This is an important and simple rule to keep your funds safe. Exchanges may always get hacked (as it was with mt Gox) or get suspended by the government because of the shady behaviour of their CEO (as it was with btc-e). Exchanges may face some issues when you need to withdraw your funds. For example poloniex was down fight after the BCH fork. During that time the coin may lose in price. Keepeng your money on exchange is very unsafe.
member
Activity: 476
Merit: 17
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
In order to keep a small amount it is perfectly acceptable to use cryptocurrency exchanges. For me, the convenience of the exchanges is that I can expose the warrants I am interested in buying or selling coins in order to carry out a profitable transaction. Periodically you can trade and if necessary change one coin to another, but if you store a large amount in bitcoin or another cryptocurrency and you do not trade, then clearly you need to store coins only on a cold wallet on your computer, this will increase your chances do not lose the means.
newbie
Activity: 60
Merit: 0
what do you use wallet or exchange for?  Do you want to trade or hold ?
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
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