Topic: What do you choose between wallet or exchange ? - page 4. (Read 1018 times)
I personally put my coins in exchange. because I am always monitoring the prices to see firsthand what is being down or up. If the price goes down I'll wait until prices stabilize. for sales, maybe I see how the price of eth, whether the price is nice or not. a few coins that I have, I keep my savings to investments for the future.
Choose based on your goals and convenience. There are many similar topics on the forum, use search
I keep my money on the exchange. I do that partially to protect themselves from theft of the private keys from the wallet.
This advice only counts if you hold enough bitcoin to justify buying a hardware wallet. For everything under thousand it isn't even worth it.
For holding my altcoins I just used in exchanges I know it's risky but it's only a small amount. If I invest a large amount of money in altcoins to hold for long maybe I will use hard wallet for safety of my altcoins.
To me, using wallet is safer than exchange. If you wan to store coins for a long time, you should definitely order a hardware wallet. Since most of these hardware wallets have a waiting period of a month or two due to huge demand, you should order one as soon as possible. If you are looking for a single recommendation as the best Bitcoin hardware wallet, then you should look no further than Ledger Nano Sand . And as to exchange , it is better when you trade , when you need money as fast as possible, you can sell immediately
To me, using wallet is safer than exchange. If you wan to store coins for a long time, you should definitely order a hardware wallet. Since most of these hardware wallets have a waiting period of a month or two due to huge demand, you should order one as soon as possible. If you are looking for a single recommendation as the best Bitcoin hardware wallet, then you should look no further than Ledger Nano Sand . And as to exchange , it is better when you trade , when you need money as fast as possible, you can sell immediately
I personally do not like to keep coin on exchange, this is an unregulated market so no exchanges can give you guarantees or any refunds in case of hacker attacks. installing a wallet takes very little time and if you do not have an infected computer, you have a very good security. obviously some small amount for "dayly trading" is right to keep it in the exchange. the past is full of exchanges that have escaped with customers' money
No one definitely likes it except for some novice investors who may not have an idea on staying safe or go through the stress of opening multiple wallets for different coins except for tokens that can be on ETH wallet for those ones built on the Ethereum blockchain anyway.As much as it is easy to hold on exchanges as much as you want, it is highly unsecured knowing you have no control of your asset and that alone can make you lose everything.
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.
When trading, I never withdraw my funds, even if it smells burned. I always pour them into another coin. Withdrawal means leaving the market, and it is much more difficult to return. If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
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 think the wallet is the best place for safe coins. Coax it have a reliable and easy to use.If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
If you are a long term investor then the best you should store your coins in hardware wallet, it's safer. But if you are a trader you need to store all your coins in exchange sites, it will convenient for trading and saving fee deposit and withdraw.
For me, i'm using both because i use 60% my capital for trading and 40% for long term investment.
Organize your coins and tokens into many different wallets and exchanges with amounts you are willing to lose if things get compromised. By doing that, even if some wallet/exchange gets hacked, your loses will be minimal. By having different coins on exchanges you can avoid that risk. Search for top wallets/exchanges for different coins and allocate them there. My favourite wallet are Ledger Nano S, Coinbase, Exodus. At least, this is what I did. At the end it's up to you.
If you are not day trading with the coins, even if you are day trading, you still need to get a wallet you have control of the private key so that you can save some coins there from time to time.
So your best choice is also a wallet.
So your best choice is also a wallet.
But when you want to sell your coins. better put it on the exchange
For me i use my wallet as a solid hodl
I like to use the wallet of the trading floor. I can trade fast and have a lot of pennies for me to choose. However, should look for reputable distributors, I usually use bittrex and binance.
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.
If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
It's perfectly fine to keep small amount on exchange for short term but if you're planning to hold for longer than a month, you should transfer it to your wallet and keep it somewhere safe where no one can access it but you.
Online casinos are not secure at all and do not guarantee 100 per 100 for anyone.In this paper, I will introduce bitcoin addresses to you and you will store your private keys, and I will introduce you RFID chip which can be used in the next few days.So we know that bitcoins are actually on the network, not in the cousin, but all you need is your private key.Detailed information has been explained in detail by many of our friends on our Turkce forum. When you search, you will get more precise results if you call the detailed search part by clicking on the button beside the search button instead of the direct search box to search for it, you are not likely to find the thing you are looking for.
I am using both. I am using offline wallets from long term holdings and exchange wallet for my trading activities because without exchange wallet we cannot trade.
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 think the wallet is the best place for safe coins. Coax it have a reliable and easy to use. 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 choose Exchange
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