Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: themonkii on August 05, 2017, 05:35:01 PM



Title: Alt Coin Wallet Suggestions
Post by: themonkii on August 05, 2017, 05:35:01 PM
Hey guys!

Please excuse me if this is posted elsewhere in this forum, but I was curious if there was a recommended wallet that is capable of holding multiple or all the alt coins that are out there?

For instance, I have SIA, Onion, ETH, and ODN (still in ICO), and I'm currently using a wallet for each coin. Would be nice to have them all in the same place, while I get that it could/would decrease the security by centralizing all together, but it would be a lot easier to manage.

Anyway, if it exists, any suggestions?

Thanks in advance!


Title: Re: Alt Coin Wallet Suggestions
Post by: coinsmarkets on August 05, 2017, 05:58:04 PM
Use exchange


Title: Re: Alt Coin Wallet Suggestions
Post by: SushiNoTomato on August 05, 2017, 06:02:42 PM
Exchanges are the way to go since many altcoins live and die every day so developers/programmers won't put in the time and effort to create an all in 1 compatible wallet, also take note that every exchange "can" have a different price rate for coins at different periods of time, remember to Arb :D


Title: Re: Alt Coin Wallet Suggestions
Post by: themonkii on August 05, 2017, 06:03:12 PM
Nothing offline, eh?

Everything I read as I was getting involved in crypto was to not leave my coins on an exchange for any prolonged period of time.


Title: Re: Alt Coin Wallet Suggestions
Post by: themonkii on August 05, 2017, 06:04:06 PM
Exchanges are the way to go since many altcoins live and die every day so developers/programmers won't put in the time and effort to create an all in 1 compatible wallet, also take note that every exchange "can" have a different price rate for coins at different periods of time, remember to Arb :D

Thanks for the info!

Sorry, what do you mean to Arb?


Title: Re: Alt Coin Wallet Suggestions
Post by: SushiNoTomato on August 05, 2017, 06:05:16 PM
Exchanges are the way to go since many altcoins live and die every day so developers/programmers won't put in the time and effort to create an all in 1 compatible wallet, also take note that every exchange "can" have a different price rate for coins at different periods of time, remember to Arb :D

Thanks for the info!

Sorry, what do you mean to Arb?

https://en.wikipedia.org/wiki/Arbitrage

"Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms."

This pretty much sums it up ;)


Title: Re: Alt Coin Wallet Suggestions
Post by: themonkii on August 05, 2017, 06:11:48 PM
Exchanges are the way to go since many altcoins live and die every day so developers/programmers won't put in the time and effort to create an all in 1 compatible wallet, also take note that every exchange "can" have a different price rate for coins at different periods of time, remember to Arb :D

Thanks for the info!

Sorry, what do you mean to Arb?

https://en.wikipedia.org/wiki/Arbitrage

"Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms."

This pretty much sums it up ;)

Gotcha - Thank you!