|
Title: Where to store 10x different cryptocurrencies? Post by: zemnieka on January 30, 2018, 06:09:38 PM Hello! I need serious help with this as I am very confused already with too much information.
I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL. What do you recommend, what are the pros and cons of each and what more options do I have? I would appreciate a small explenation on how each of these work. 1. Nano Ledger? 2. Trezor? 3. Paper wallet? 4. MyEtherWallet (I suppose this is for Ether tokens/coins only). 5. Coin developers wallet on my computer? Title: Re: Where to store 10x different cryptocurrencies? Post by: mcs_john on January 30, 2018, 06:27:56 PM Well, it depends on each altcoin. Some can be stored in hardware wallets, some can be stored in MyEtherWallet (Ether tokens and coins like you guessed), some in the coin developers wallet. So you have to check for each of your altcoins where it can be stored and decide after you have all the info.
Title: Re: Where to store 10x different cryptocurrencies? Post by: AdolfinWolf on January 30, 2018, 06:38:45 PM Hello! I need serious help with this as I am very confused already with too much information. I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL. What do you recommend, what are the pros and cons of each and what more options do I have? I would appreciate a small explenation on how each of these work. 1. Nano Ledger? 2. Trezor? 3. Paper wallet? 4. MyEtherWallet (I suppose this is for Ether tokens/coins only). 5. Coin developers wallet on my computer? 1) Nano ledger only supports up to 5 applications/ coins i believe? -- https://www.reddit.com/r/Bitcoin/comments/6suu4c/how_many_apps_can_you_install_on_a_ledger_nano_s/ 2) Trezor only supports 10 coins i think - https://coinsutra.com/trezor-supported-coins/ 3) That's going to be an extreme hassle but if you're going to hodl this could be possible. 4) If you're only planning on buying ERC20 tokens. 5) Exodus, https://www.exodus.io/ Jaxx, https://jaxx.io/ ( I believe they had security issues in the past so use with care. Coinomi -https://coinomi.com/ ( Android/IOS) over 270 coins. Title: Re: Where to store 10x different cryptocurrencies? Post by: digaran on January 30, 2018, 06:47:52 PM Click on my signature.
Title: Re: Where to store 10x different cryptocurrencies? Post by: mela65 on January 30, 2018, 07:06:08 PM I store nearly 10-15 coins/tokens and i use myetherwallets for all ethereum based erc20 tokens and the other coins have own wallets. I have backed up all of them and save them on my flash disk, also i have put storekey of myether on this flashdisk
Title: Re: Where to store 10x different cryptocurrencies? Post by: lizardbtc on January 30, 2018, 07:40:29 PM Click on my signature. Coin payments is an online wallet... which is not the safest place to keep your coins by default. If he wants online wallets OP could easily keep his coins on exchanges you can say that it is the same as both keep private keys on their own servers. Title: Re: Where to store 10x different cryptocurrencies? Post by: kingzpro on January 30, 2018, 08:01:10 PM Hardware wallets are the best option if you want to hold your altcoins securely for the long term, if you aim to hold only eth based tokens then myetherwallet is good too, just keep your private key safe and you will be good to go.
Title: Re: Where to store 10x different cryptocurrencies? Post by: raoul78 on January 31, 2018, 10:04:33 AM On a ledger you can only have 5 apps installed but you can store more coins on them. You can just delete an app to install a new wallet. If you need access to your previous coins you can just install it again. Deleting an app doesn't delete your coins.
Title: Re: Where to store 10x different cryptocurrencies? Post by: zemnieka on January 31, 2018, 09:37:12 PM Appreciated!
Title: Re: Where to store 10x different cryptocurrencies? Post by: nettspring on January 31, 2018, 09:41:48 PM 1) Nano ledger only supports up to 5 applications/ coins i believe? -- https://www.reddit.com/r/Bitcoin/comments/6suu4c/how_many_apps_can_you_install_on_a_ledger_nano_s/ 2) Trezor only supports 10 coins i think - https://coinsutra.com/trezor-supported-coins/ 3) That's going to be an extreme hassle but if you're going to hodl this could be possible. 4) If you're only planning on buying ERC20 tokens. 5) Exodus, https://www.exodus.io/ Jaxx, https://jaxx.io/ ( I believe they had security issues in the past so use with care. Coinomi -https://coinomi.com/ ( Android/IOS) over 270 coins. really appreciate such nice reply with details bc solve my problem too ;D Title: Re: Where to store 10x different cryptocurrencies? Post by: I.Grozni on January 31, 2018, 10:34:29 PM Hello! I need serious help with this as I am very confused already with too much information. I want to buy 100$k worth of alt-coins, various kind and I need to store them all easily and safely (I want to keep my private keys) for HODL. What do you recommend, what are the pros and cons of each and what more options do I have? I would appreciate a small explenation on how each of these work. 1. Nano Ledger? 2. Trezor? 3. Paper wallet? 4. MyEtherWallet (I suppose this is for Ether tokens/coins only). 5. Coin developers wallet on my computer? Hardware wallets are expensive if you do not have a great value in crypto currencies. A paper wallet is the safest one if you want to buy and keep the crypto currencies. Web wallets are too insecure and I would not advise at all. Original wallets have to be synchronized, requiring huge disk space on the computer. My proposal is the Coinomi multi-coin HD wallet that supports many crypto currencies and ERC20 tokens. Since the lightweight wallet is a nice interface and very safe it can easily be used on the Android smartphone. The versions for iOS, Windows, Linux and MacOS are in beta https://coinomi.com/ |