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Topic: Where do you hold your coins? - page 6. (Read 3732 times)

full member
Activity: 308
Merit: 106
November 03, 2017, 08:12:39 AM
the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything, print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk
full member
Activity: 546
Merit: 100
November 03, 2017, 07:56:34 AM
Using the desktop wallet is the only way I have experienced to hold the coins. Maybe I haven't  so much online cash, but don't really worried about the safest ways, so I chose the first one I meet.
hero member
Activity: 882
Merit: 500
November 03, 2017, 06:53:51 AM
hold it on the exchanges was not so secure cause we cannot guarantee that exchanges will not be "shut down, hacked or others technical issue that will harm our asset in other word our coins has been lost" in the near future.
hold it on offline wallet also not so safe whose know what will happen to your hard disk in near future maybe you unfortunately broke it or other "bad thing" happen.
hold it on web wallet also not so safe just like exchanges wallet.

so it safe to say "do not put all your money in one basket"
Totally true  and better suggestion . Here currently  the best rule to handle the all types of the coins whether you want to make trade or want to make trade to trade exchange , more better to put on the trading sites . Here it is the truth that the sites of the trading are not simple but are highly encrypted and secured but still for the security we can understand well that hackers can hack Because that trading platform is a site and every site is hackable .
So put another another coins at another another exchange and use different different password for different different sites trading sites Because sometimes hackers hacked the data and try at another exchange to hack the account .
legendary
Activity: 861
Merit: 1000
November 03, 2017, 06:50:01 AM
i hold it all in my local wallet and put  a few of them in exchange .  because i never trust exchange ,

only the coin in your hand is the most safe place.
full member
Activity: 588
Merit: 105
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November 03, 2017, 06:47:52 AM
hold it on the exchanges was not so secure cause we cannot guarantee that exchanges will not be "shut down, hacked or others technical issue that will harm our asset in other word our coins has been lost" in the near future.
hold it on offline wallet also not so safe whose know what will happen to your hard disk in near future maybe you unfortunately broke it or other "bad thing" happen.
hold it on web wallet also not so safe just like exchanges wallet.

so it safe to say "do not put all your money in one basket"
sr. member
Activity: 686
Merit: 250
November 03, 2017, 06:40:26 AM
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 don't store all my coin in exchange! I only used PC wallet! I thinks this is a best way to hold my coin
full member
Activity: 644
Merit: 113
November 03, 2017, 05:50:37 AM
It depends on the coins that you are holding, I invest in etherium coins and i use myetherwallet(M.E.W.) but before i decided to use this as my coin holder i have tried to do a lot of research and most of the experienced traders here are suggesting to use MEW for eth coins, So i choose it.

Im also using myetherwallet its the safest way to save coins, it is also the most trusted wallet of all. I suggest you not to hold in any exchange wallet, it is so risky and may corrupt your funds. Aside from myetherwallet you can also use a known local application wallet, its also safe and you can easily make demands once failures happened. There are application platforms which is full and good features, in my case Im using a bitcoin and ether wallet app. So far I dont experience inconvenience and unusual activity with my funds.
full member
Activity: 280
Merit: 102
November 03, 2017, 05:49:47 AM
i keep holding my coins on pc and my VPS where can stake 24/24 everyday  percent increase .

some altcoin i hold paper wallet .
it is safer to hold a coin on the desktop because the control is in our hands, sell or buy altcoins can at any time and no one forbids it
sr. member
Activity: 353
Merit: 250
Zichain
November 03, 2017, 05:23:57 AM
There is such a word "diversification" Beginners can turn to Google for help, but I think that I will explain more clearly. Do not keep all your savings in one "basket" The losses will not be so painful, in case of unfavorable circumstances.
member
Activity: 294
Merit: 11
November 03, 2017, 05:13:03 AM
many are suggesting and storing their crypto on the desktop and in my opinion too because it is safer and we control more keamannya
member
Activity: 70
Merit: 10
November 03, 2017, 04:54:29 AM
MEW for ERC20, Paper wallet for BTC
newbie
Activity: 29
Merit: 0
November 03, 2017, 04:52:32 AM
I collect them on different wallets because hackers can hack your wallet. So if they hack a wallet i have other wallets left. So i will have less problems when a hacker steals my coins.

I have some wallets that store my coins online and some of them are locally stored.
legendary
Activity: 1932
Merit: 1273
November 03, 2017, 03:24:35 AM
You can divide. 50% coins you store in the exchange or your hot wallet. 50% you store in cold wallet. This helps you reduce risk.
agree, you should only store your coin on an exchange if you want to trade it, then after you done with it you should move it back. And only put your coin on an exchange if you want to use it. that will minimize your lost in case something bad happens.
full member
Activity: 518
Merit: 101
November 02, 2017, 04:41:54 PM
Choosing between the online wallet and the desktop wallet I have picked the second one. Hackers work constantly and never sleep and there is always a risk they can steal your coins from online wallet.

When you create your desktop wallet, you can store keys even on paper, so even if your PC is hacked, no one will get the keys.
hero member
Activity: 2604
Merit: 816
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November 02, 2017, 01:53:48 PM
i think we can only hold the coins that can give us a big profit and if we have found the coins and we know that the coins will be increase soon then we need to have the coins. for this case, we can save it into exchanges or we can search another wallet that support the ccoins, beside that it will makes us easier to sell when the coins is increase the price even for the flash pump. saving the coins is really help to waiting for a while for altcoin is giving the sign to break at the new level.
member
Activity: 339
Merit: 11
November 02, 2017, 12:59:27 PM
the actual wallet even tho I sometimes just keep them on the exchanges just in case it could be profitable in the short term. With pow coins I don't mind leaving there but pos coins I send them only when I need to.
sr. member
Activity: 980
Merit: 250
November 02, 2017, 12:47:58 PM
It all depends on which kind of coins you have. I hold my ethereum supported ERC20 coins on myetherwallet & I hold my bitcoins in the blockchain that is the safest place to hold. Apart from this, there are some waves platform supported coins, that I hold in Waveslite wallet.
sr. member
Activity: 586
Merit: 251
November 02, 2017, 11:56:31 AM
You can divide. 50% coins you store in the exchange or your hot wallet. 50% you store in cold wallet. This helps you reduce risk.
full member
Activity: 443
Merit: 100
November 02, 2017, 11:13:16 AM
better kept on the stock because if we save there will be difficult to get the hack or we used to hear with the title '' pishing ''.
member
Activity: 126
Merit: 10
November 02, 2017, 11:03:23 AM
better to hold it in a desktop wallet
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