Pages:
Author

Topic: where do you save your Litecoin? (Read 1553 times)

full member
Activity: 299
Merit: 100
September 12, 2016, 11:02:40 AM
#28
I only hold a very, very limited amount of LTC, but i keep it in electrum for litecoin. It's a HD wallet for litecoin, so you're in charge of your private keys, you only need a seedphrase to restore and you don't have to sync/verify...

If you hold a big chunc of LTC, the paper wallet is advisable tough.
HD wallet for litecoin? Do you have a link to that wallet? I need to export litecoin fund from paperwallet that don't have to sync the whole network

This one should work: https://electrum-ltc.org/
Disclaimer: i'm not the developer, nor have i read the full sourcecode. I just got the link from a post from a trusted member (can't even remember where), i've been using it for a while without a glitch.
Well, also good news for me, but this is my first time heard about the HD wallet for lite coin, from your review i think i wanna try that too. thanks

LoafWallet is also a HD wallet.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
September 09, 2016, 10:37:59 PM
#27
I only hold a very, very limited amount of LTC, but i keep it in electrum for litecoin. It's a HD wallet for litecoin, so you're in charge of your private keys, you only need a seedphrase to restore and you don't have to sync/verify...

If you hold a big chunc of LTC, the paper wallet is advisable tough.
HD wallet for litecoin? Do you have a link to that wallet? I need to export litecoin fund from paperwallet that don't have to sync the whole network

This one should work: https://electrum-ltc.org/
Disclaimer: i'm not the developer, nor have i read the full sourcecode. I just got the link from a post from a trusted member (can't even remember where), i've been using it for a while without a glitch.
Well, also good news for me, but this is my first time heard about the HD wallet for lite coin, from your review i think i wanna try that too. thanks
full member
Activity: 192
Merit: 100
September 09, 2016, 08:44:07 PM
#26
You talking about the coin also known as a rock? Place it anywhere, no one will steal it lol
sr. member
Activity: 459
Merit: 250
September 09, 2016, 08:39:14 PM
#25
I use Litecoin paper wallet for cold storage, as far as one knows it is the safest way.
sr. member
Activity: 347
Merit: 250
Activity: 2017
September 09, 2016, 10:35:13 AM
#24
I'm holding 50 LTCs on Bittrex for almost 2 years.
But if you have lot of it you better store it to cold wallet
full member
Activity: 299
Merit: 100
September 09, 2016, 06:02:53 AM
#23
LoafWallet - an iOS Litecoin Wallet.
sr. member
Activity: 361
Merit: 250
September 09, 2016, 02:33:10 AM
#22
On poloniex, can't believe it's been two years since I deposit them on their exchange.
member
Activity: 60
Merit: 10
September 08, 2016, 09:25:59 PM
#21
why would someone save litecoin?... seriously... almost every day we see someone talking about ltc or doge, both dead coins.
They are exist for years and have a nice trading volume daily on all exchanges, they are not dead mate
legendary
Activity: 1638
Merit: 1046
September 08, 2016, 01:55:29 PM
#20
I am holding my LTC in my wallet at trading site not trading site i just have few of them for testing to hold if i can make a good profit in altcoin..
I never test to install their wallet installer..
full member
Activity: 210
Merit: 100
September 08, 2016, 01:50:27 PM
#19
why would someone save litecoin?... seriously... almost every day we see someone talking about ltc or doge, both dead coins.
sr. member
Activity: 448
Merit: 254
September 08, 2016, 12:53:04 PM
#18
I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?

Why not to keep some LTC on well known exchanger such as poloniex or bittrex.
I have hold them almost 2 year and I never encounter any problem yet easy & simple !

mt-gox was a well know exchange

In fact many well know exchanges have gone belly up for a variety of reasons........

Its never the guys running the exchange who lose all their coins............

Edit: I always keep any coins i own on an encrypted partition with redundancy on my own computer as well as an encrypted backup offsite

I lost about 10BTC once to mt-gox. I only sent it to the exchange to cash it out.  Four months later of trying to extract it as $$$ and in the end BTC they finally went belly up and that BTC is just gone in reality.  Although i still get emails regarding them from the liquidator i never expect to see them again.  The second btc (or any coin) leaves your wallet you only have a promise that someone will return it....
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
September 08, 2016, 12:52:17 PM
#17
I didn't install the litecoin client but i stored my litecoin in bittrex and other tradings site..
Almost a months a go its still there but sometimes few of my litecoins sold depends of the price increase or decrease of LTC.. and it is one of the good invest because this coins is living long in the market.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
September 08, 2016, 12:48:32 PM
#16
Honestly all of my litecoin stocks is in any exchange site but its more LTC in my yobit account.. which is because i am doing also signature campaign and my funds in signature campaign will be redirect into altcoin for holding for a long time to increase the amount or to make a  profit.
legendary
Activity: 1358
Merit: 1014
September 08, 2016, 12:11:16 PM
#15
I stored my LTC in the litecoin core wallet. eventually I became way too lazy having to sync the blockchain, because having to sync the bitcoin core blockchain is already annoying enough. I ended up selling all of my ltc just to not worry about it.
hero member
Activity: 826
Merit: 1000
September 08, 2016, 11:48:58 AM
#14
I only use the local exchanger in my country for save my ltc, because it's very simple if i want to sell/buy ltc. But most people say is not recommended.
legendary
Activity: 1862
Merit: 1015
September 08, 2016, 10:06:44 AM
#13
I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?

Why not to keep some LTC on well known exchanger such as poloniex or bittrex.
I have hold them almost 2 year and I never encounter any problem yet easy & simple !
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 08, 2016, 08:10:47 AM
#12
I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?

for now, i only use wallet from market exchange and i use wallet from poloniex, but before that, i use multilite which is software and no need to install, just download the software, and then you can run it in your computer. but for now, i don't have litecoin anymore, maybe later i will buy some for long-term investment.
hero member
Activity: 826
Merit: 523
September 08, 2016, 07:09:10 AM
#11
I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?
Honestly , I don't have a Litcoin wallet , instead of that , if I got some LTC , I save them in one of my exchanges accounts , although I don't recommend this action , but I do that , because I hold them for short time , I use LTC only to reduce the transaction fees between my accounts .
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
September 08, 2016, 06:42:44 AM
#10
I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?

i mostly keep them in my exchanger wallet, meaning i keep them on bittrex.com exchange site.

but i know that this is not such a good idea to keep them on a live exchange and it is risky but since i don't keep them for long, i have to take this risk.

but i did some research a while back and found out that there is a nice SPV wallet called Electrum-ltc which is exactly like the bitcoin version and you can use that to keep your litecoins safe.
legendary
Activity: 1876
Merit: 1000
September 08, 2016, 06:25:30 AM
#9
totally agree with clownius.

i think its a no brainer to store any crypto you're not directly trading/spending on your own devices (with any longterm investment amount in proper cold storage).
Pages:
Jump to: