Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: postcd on February 16, 2014, 05:30:07 PM



Title: Is it safe to store alt. currencies on cryptsy?
Post by: postcd on February 16, 2014, 05:30:07 PM
Hello, im noob, should i be afraid to create like 15 alternative crypto currency wallets thru https://www.cryptsy.com and then store my money there for like next 15 years?

or should i do it other way? Im quite lazy to install all 15 softwares on my PC... or im wrong about this? I just want to add $10 to around 15 alt. currencies i believe will be good in future...


Title: Re: Is it safe to store alt. currencies on cryptsy?
Post by: portice on February 16, 2014, 05:35:29 PM
Whether its safe or not it isn't a very smart thing to do. 


Title: Re: Is it safe to store alt. currencies on cryptsy?
Post by: Eex77 on February 16, 2014, 06:30:02 PM
Cryptsy has several issues when it comes to storing coins. I've had coins vanish for 3-7 days then come back, unfortunately this caused me to lose out on potential profit. However it seems that Cryptsy punishes you if you don't store your coins there due to the generally long transaction times (Sometimes up to 16 hours for me personally, and that's on popular and unpopular coins alike.)