Where do you hold your coins? - page 11.

i_iz_vins

newbie

Activity: 107

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Quote from: Luismvm on October 26, 2017, 01:38:33 PM

So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.

Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.

Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?

i personally use myetherwallet but i recommend you to use desktop wallet like electrum,its very easy to use and understand. It's also very popular and good for new bitcoin users.

Berk

member

Activity: 99

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I store my coins in desktop wallets as they are the most secure at the moment and the only way to keep them. I would wary of any online services.

greatk

member

Activity: 175

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It is safest to have control of your Crypto. So keep it offline but keep a watch on the price. If it has reached your profit expectations, send to the exchange wallet for sell.

Vzae

full member

Activity: 431

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Its better you keep it in the offline wallet if it is used in the long run. you can download desktop wallet and backup your files. it will be secure than you save in exchange..

Drnice

sr. member

Activity: 588

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I store my altcoins in my MEW account and wait for the coin price to increase. I don't understand how hardware wallets work yet, and am sure it needs a laptop or a desktop, but for now, I only have a phone.

nonik

member

Activity: 367

Merit: 10

I save the coins and tokens that I get in My EtherWallet since the first time, because in this wallet can send and receive different tokens. all our transaction data can be stored well.
which you should be very careful about is to store the private key and password. and do not get it wrong when you give your wallet address.

BigBos

sr. member

Activity: 1974

Merit: 450

currently I hold the coins I have in myetherwallet. well, only so much phishing from the web, but I feel that myetherwallet is a nice and complete wallet to store various coins besides bitcoin.

AyaYotoko

full member

Activity: 183

Merit: 100

For the new coins I use the Desktop wallets to hold and stake. For Bitcoin, ETH and LTC I use Jaxx, Coinomi, MEW. For my huge btc savings I used an offline paper wallet.
I use plenty of them, I make sure I don't only put my investment in 1 address.

iluvbtc

full member

Activity: 221

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Cold storage on paper wallet is how I feel most confortable

jerry0

full member

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If you buy say 10 different altcoins, do people really download a wallet for each altcoin? I thought the convenience of an exchange is you could just keep the coins there.

shams

sr. member

Activity: 350

Merit: 250

There are some hardware wallet where you can hold your coins if you are planning for long term. But I am holding my coins on Bittrex and Poloniex because I do trading that is why I am holding in these exchanges but holding long term I will recommend holding in hardware wallet like Ledger Nano..

osasshem

full member

Activity: 625

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It is more safe to store your coins in an offline wallet which you are in control of, but for me, I store my alts in MEW wallet account.

jossiel

hero member

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DGbet.fun - Crypto Sportsbook

Quote from: GayOfThrones on October 28, 2017, 04:06:47 PM

I think the safest way to keep them is in a Ledger Nano or a Trezor. Should have max protection.

Yep it's one of the safest way to hold our coins but it has a limited support to the alt coins that we can hold, so sometimes getting a desktop wallet for a specific coin is needed.

Quote from: woas4 on October 28, 2017, 03:58:35 PM

MEW for Ethereum and ERC20 tokens, Electrum or Mycelium for Bitcoin and token specific wallets for the ones with their own blockchains. And if you can afford, buy a hardware wallet for extra security!

I'm trusting MEW for Ethereum and my ERC20 coins I'm storing it there and there's no way for someone to hack you unless you will be a victim of phishing links. And be aware about the fake MEW-alike website that has wrong spelling on it's URL.

With bitcoin, I'm good with electrum it's the one that I'm trusting and blockchain.info for smaller amount.

GayOfThrones

full member

Activity: 479

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I think the safest way to keep them is in a Ledger Nano or a Trezor. Should have max protection.

Crasengover

full member

Activity: 336

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Proof-of-Stake Blockchain Network

I aslo decided to choose Ledger Nano s as a main wallet for holding coins. You never know what can happen to your laptop or online services, expecially exchanges. So I prefer to hold my money offlne and sleep well.

TwSeventh

full member

Activity: 566

Merit: 113

the best place for us to store it is by keep it on our hardwallet,
it would be best for you to buy something like Ledger Nano or similiar to that one.
it's very secure comparing to store it on exchange and your own PC,
also for token it would be better to store it on MyEtherWallet,it's a good place for you to store it but not a safe place.
try to avoid store all of your coin on exchanger,because they're only good as an exchanger no more than that.

woas4

full member

Activity: 126

Merit: 100

MEW for Ethereum and ERC20 tokens, Electrum or Mycelium for Bitcoin and token specific wallets for the ones with their own blockchains. And if you can afford, buy a hardware wallet for extra security!

gilgameshplatform

member

Activity: 112

Merit: 10

Gilgamesh - Blockchain - Social Network for Books

Quote from: Wipro on October 28, 2017, 01:41:55 PM

Are the all the hardware wallet supports all types of altcoins bro. I don't this would work have your altcoins. If you holder the bitcoin you no need worry about since they various wallet option to save your hard earn crypto money.
I suggest have your coins jaxx or Coinbase wallet. If that newly added alts go with the bitrex to use and have it.

You are right, you will be limited with hardware wallets, for all other altcoins, jaxx is a good option. remember, for ERC20 tokens you can use Ethereum account.

Ledger Nano S - supported coins

Wipro

hero member

Activity: 924

Merit: 512

Quote from: gilgameshplatform on October 28, 2017, 01:35:14 PM

If you don't have many coins, just keep it on a secure exchange. if you have a huge investment then use a hardware wallet such as "ledgar nano s" to protect your coins, Also make sure you keep the paper wallet somewhere safe - in case you lose your hardware wallet.

Are the all the hardware wallet supports all types of altcoins bro. I don't this would work have your altcoins. If you holder the bitcoin you no need worry about since they various wallet option to save your hard earn crypto money.
I suggest have your coins jaxx or Coinbase wallet. If that newly added alts go with the bitrex to use and have it.

gilgameshplatform

member

Activity: 112

Merit: 10

Gilgamesh - Blockchain - Social Network for Books

If you don't have many coins, just keep it on a secure exchange. if you have a huge investment then use a hardware wallet such as "ledgar nano s" to protect your coins, Also make sure you keep the paper wallet somewhere safe - in case you lose your hardware wallet.

Topic: Where do you hold your coins? - page 11. (Read 3732 times)