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Topic: Where do you hold your coins? - page 14. (Read 3732 times)

legendary
Activity: 1932
Merit: 1273
October 27, 2017, 02:31:45 AM
#35
Some in exchanges, some in mobile wallet and some in hardware wallet. I diversified my coins, it is safer instead of holding all in hardware wallet.
No, the safest way to store a coin is in cold storage, then keep it private and secure, if you want to save your Coin on exchange there is a possibility your account got hacked or the exchange get hacked, so make sure you use strong password and enable 2-factor authentication if you want to hold in exchange, and if you store it on a mobile wallet there is a chance your phone is missing then you can't recover your coin
full member
Activity: 672
Merit: 100
October 27, 2017, 02:20:03 AM
#34
I hold some of my coin on exchange and some in wallet but I prefer it on exchange because I will be able to sell quick when it pumps.
full member
Activity: 686
Merit: 100
October 27, 2017, 02:03:06 AM
#33
An offline wallet is better than other exchange/online wallet.
Exchanges can disappear with your money, but at this moment i'm using MyEtherWallet to hold my coin/token
newbie
Activity: 14
Merit: 0
October 27, 2017, 01:54:20 AM
#32
Man just use Electrum Desktop Wallet. It'll take care of everything!

P.S sounds strange, huh?
full member
Activity: 169
Merit: 100
October 27, 2017, 01:38:15 AM
#31
If you are holding neblio, use the desktop wallet so you can stake until you are happy about where the price is and then put it back and sell it for something else. Just be smart and remember to diversify your portfolio. Good luck man and keep reading. Information is power.
legendary
Activity: 1862
Merit: 1015
October 27, 2017, 01:31:47 AM
#30
I'm usually hold at exchanger because I'm kinda afraid if I keep download on other wallet , it's contain malware especially when there were many ICO occur

better saved on the desktop, but must be careful, if the desktop is damaged. so backed up after saving on the desktop.

Well I'm suggest for not download any new wallet because there is high risk for getting infect on malware
copper member
Activity: 504
Merit: 251
October 27, 2017, 01:06:51 AM
#29
I use offline wallets for storing my private keys and addresses of my coins. I believe that this is the safest way of storing coins. Any online wallet could be potentially risky. I am using offline wallets for almost all coins that I plan to hold for a longer time. I also keep a small amount of coins on the exchange for easy trading. One of the reason why I keep it on the exchange is a transfer cost each time when you move your coins from a wallet to the exchange, and from the exchange to the wallet.
 
if I keep it in the online wallet, it's a risk,
but I believe in myetherwallet and etherdelta
full member
Activity: 588
Merit: 106
October 27, 2017, 12:58:10 AM
#28
better saved on the desktop, but must be careful, if the desktop is damaged. so backed up after saving on the desktop.
full member
Activity: 154
Merit: 100
October 27, 2017, 12:54:56 AM
#27
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?

If you are willing to keep long time please keep in desktop or nano. Other if you keep very short time keep it in exchanges with 2fac .  Otherwise you can use dedicated wallets.

Me myself keeping in exchanges

For me even you hold it for short term don't store your coins in exchanges like if something will happen in their site you can't blame all the mistakes to them, at the first place they didn't tell you to store your coins there.
Just always store your coins where you hold private keys, it's better be safe than end up to nothing.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
October 27, 2017, 12:51:35 AM
#26
The best way to store big amount of coins is to store them in exchange but that is only if you want to store for short term but if you want to store them for long term then store them in desktop wallet, that is the safest way to store coins.
sr. member
Activity: 322
Merit: 250
October 27, 2017, 12:31:51 AM
#25
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?

Keeping on exchange site or web wallet for as short as one week is long term because these people can wake up one day and come up with a change in policy that would take effect immediately without recourse to your feelings or investment because to them, its secondary. Another is the way they are subjects of targets which is on a continual basis and because hackers will not notify you of their heist, you are further at their mercy.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
October 27, 2017, 12:29:29 AM
#24
when you make an investment like this first you have to be fairly certain that you are going to make that kind of profit and not just have a feeling or have a wishful thinking about it!
there are many coins like this which may look promising and you may think you can make a lot of profit in long term but you will be disappointed when they stay the same or drop all  year long and then only rise in a month or about 2 weeks and then back to falling.
so plan accordingly.

as for wallets, others have said it already. use a desktop wallet. you can always install them on an offline computer and use it as your "cold storage". in fact it is usually the exact same as bitcoin. so you can use cold storage articles about bitcoin to create an altcoin version.
newbie
Activity: 56
Merit: 0
October 27, 2017, 12:25:07 AM
#23
 Sad
in general, everyone keeps their money on the bitcoin stock exchanges but it is not safe for them to develop these usb money stored in the metal money you can throw here again
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
October 27, 2017, 12:23:18 AM
#22
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?

If you are willing to keep long time please keep in desktop or nano. Other if you keep very short time keep it in exchanges with 2fac .  Otherwise you can use dedicated wallets.

Me myself keeping in exchanges
member
Activity: 112
Merit: 10
October 27, 2017, 12:17:26 AM
#21
I use offline wallets for storing my private keys and addresses of my coins. I believe that this is the safest way of storing coins. Any online wallet could be potentially risky. I am using offline wallets for almost all coins that I plan to hold for a longer time. I also keep a small amount of coins on the exchange for easy trading. One of the reason why I keep it on the exchange is a transfer cost each time when you move your coins from a wallet to the exchange, and from the exchange to the wallet.
 
sr. member
Activity: 532
Merit: 250
October 27, 2017, 12:07:50 AM
#20
Some in exchanges, some in mobile wallet and some in hardware wallet. I diversified my coins, it is safer instead of holding all in hardware wallet.
hero member
Activity: 1176
Merit: 509
October 27, 2017, 12:02:53 AM
#19
Most of my tokens and airdrop rewards are on MyEtherWallet and some on my waves wallet. While my precious altcoins are on Coinomi and for my Bitcoin, I'm using a local online wallet. Online wallet are more convenient to use and more accessible but offline wallets and hard wallets are much more secure.
sr. member
Activity: 561
Merit: 255
Going stealthy
October 26, 2017, 11:57:21 PM
#18
Desktop wallet is the safest
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
October 26, 2017, 11:54:34 PM
#17
Cryptopia is a so much pretty exchanger I think and of course it is safe.But personally I prefer https://bittrex.com and this is my favorite exchanger I fee safe this exchanger.
member
Activity: 252
Merit: 12
October 26, 2017, 11:51:18 PM
#16
Electrum on unix systems
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