Bitcoin Forum

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?

I mean, if you read this post: [General] Bitcoin Wallets - Which, what, why?[8]; then you shouldn't be asking that question.

But anyway, I personally use a hardware wallet. Specifically, a Ledger Nano S[8]. The applications are indeed open source, but if I remember correctly, not 100% of the firmware is actually open source.

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[1] https://bitcointalk.org/index.php?topic=1631151.0
[2] https://ledger.com/

I choose to store my coins in wallet which I control the private keys. I rarely store my coins in exchanges, unless the amount is small and there is no point paying for the withdrawal fees.

That's right mate, it doesn't mean that you hold coins in a long term, you are surely get a huge profit in the end. Of course not, it is also base on its potentials capability for every altcoins too. That's why you need to do some research first before making an investment in every trading platform.

The answer is obvious if we are into "risk free" purposes.

But generally, different people have different purposes why they choose to store their precious coins on either on a safe one or exchanges.

Some purposes are:
a) for holding purposes
b) for staking
c) for dividends
d) for less hassle way of depositing coins

...any many more.

So to answer your question, "choose" might not be the right term but "preferred".

I fear saving coins in exchangers, because of various issues.
full control must be the main thing to get the security of your assets. i guess for erc20 i keep in mew this is quite safe.
as long as the private key is stored and bookmarked.
we have many options for storing coins but exchangers are not a good choice.

I also preffer hold my coins in hardware wallets, and not exchange, at least i preffer to hold my coins on wallets where i own the coins, i also for safety not recommend web wallets which can be hacked, attacked or owners run away with coins.

My preference will be open source wallet, in case of exchanges there are more chances that our account may get hacked or exchange may disappear, So personal account is best option. If you have only one or two investments then you can choose exchange or if you want to sale at margin/near future. Exchange is best for frequent traders.

Most of these days you can't rely on any exchanges to hold the amount of your coins in them because most of them are not secure when someone tries to hack their exchanges or they may make an exit scam then you probably lost your coins. A better and secure way is to put it on a hardware wallet where you are the only one who can open it.

It amuses me that as a Full Member you still have put the options to secure your coins in a exchanges because we all know that it is not safe. Of course the best option is to hold your coins, specially huge amount to a hardware wallet, or any other wallets that you hold the private key. Here is a link: (https://bitcoin.org/en/choose-your-wallet) to better understand wallets and choose what fits your needs.

We never know what will happen in the future, if we choose to store our coins in a certain exchange because we think the amount is just small and we can afford a loss if ever it will get hack, but crypto is bound for greatness (my opinion) and a small value now might be very valuable in the future.

At an early stage of our journey in investing, we should be focusing in learning ways to secure our assets also as it's a necessary thing.

90% would definitely go for a hardware wallet,and I'm also included,as it's the safest means to store your coins
Storing your coins in an exchange in just like inviting trouble for yourself,and you could regret it in the long run in case of any major hacks

As far as I know and I've experienced,a hardware wallet would protect your investment solidly

There are so many cases have been happening of hacking exchanges, so why would anybody prefer to keep coins on exchanges. Most people keep coins on the exchange when they have to trade or amount of coins is very less. Hardware wallets and paper wallets are always better to keep safe your coins than an exchange.

Not only "these days", exchanges we're always a hot target for hackers ever since the first exchanges we're made. Ever since MtGox and Bitfinex got hacked in the past(MtGox in 2014, Bitfinex in 2016), I always thought people would have already learned to not leave funds on exchanges(excluding daytraders). But it looks like that this is still not the case.

in my opinion, the safest wallet is hardware wallet, although we often assume that the wallet hardware usage is difficult, but if we are used to it, then it is not a problem. But indeed wallet hardware like Trezor and the like are suitable for use for bagholders because they are only rarely used daily

Probably a hardware wallet is the best choice or if you can't afford you can just put it on a paper wallet which where your private key is indicated and printed on a piece of paper and you can store that paper wallet to your closet, secret storage or to  put it in a vault in order not to get wet or be burned by a fire.

And I would suggest that we should not put our coins on an exchange for a long time since we are not sure how safe the cold storage of their website because once it was hacked our currencies will be at risk.

If you have many coins then it is better to store it in hardware wallet but if the quantity of the coins is less then there is no need to buy the hardware wallet. You can also store your coins in different wallet so if any wallet is hacked, you still don't lose all of your money.

There are a lot of exchanges now that are making Hodling be easy for holders. They are decentralized exchanges, you don't have to deposit your coins or tokens into their platform before you can trade. Exchanges like; IDEX, Etherdelta,Stellar Dex, Bitsquare,  Aphelion, BarterDex, Radar Relay, OasisDEX, CryptoBridge, OpenLedger, Waves Dex and even Binance has recently switched its platform to decentralized exchanges. With decentralizes exchanges, the rate of losing coins or tokens by holders will be reduced drastically.

IDEX is the common decentralized exchange that lets you trade ERC-20 tokens with ease. It is the best alternative that you can get for EtherDelta and is way better and user-friendly than ED. It is top decentralized exchanges by volume.

 IDEX can also be used with MetMask or Ledger Nano S-like wallets to further strengthen your security while using the exchange platform.

I would suggest using a wallet that has a private key, not an email address or password that can be guessed and plowed. hardware one of them, trezor and ledger nano.

I am still holding my coin on open source .I never been hacked .I keep safe my privet key and also email .I know its not secure enough .I have heard that ledger nano are so safe .I will hold my coins there . I am still learning on it.

The above mentioned storage are good for one to store his/her coins but how safe are they to cryptocurrency. I have always wanted my coins be stored in an open source were i personally double checked the codes used to create the wallet before store my valuable coins. Open source wallet are still the best apart from hardware storage devices, the open source are not prune to hackers so easily unlike in the case of close source wallet and exchanges which are be hacked on daily basis.

I love to store my coins in hardware wallet which is the best way to store coins safely. Personally, I do not feel safe in a web-based wallet even don't like to exchange rather than hold my coins. To control my private keys hardware wallet is the best and very safe what I believe.

all have the risk of hackers I prefer the market because I think market security is better than an ordinary wallet. but my friend said ledger is the best wallet if you want to save your coins

My approach to storage and medium for holding depends on my plans at the moment. If am actively trading a coin frequently then I will leave it in the exchanges for that period of time rather than moving it to and fro. But for long term keep, I prefer private wallet that I control the keys.

I have been using mobile wallets for sometime now I have not faced any problems. It's all about due diligence and being vigilant. However, there are other safer and better alternative for storing your digital assets

Yes you're right that ledger is the best but actually it's not actually best in general, because I can see it's one of them. There's a lot of wallet to prefer of and I couldn't make that final conclusion at all. The preference of every people who been using such wallet for the safety of their holdings depends on how they manage it, without any fear of being hacked. Mew is just enough for me as safe storage as long as I got my private key at safezone.

This is why I think people should be encourage to make sure that tgey have the contol of their private keys. This is the reason why I keep hearing discouragement on storing funds in exchanges or any close source wallet. Someone referred me tge Hodler wallet and this makes me feel even more secure and safe about my assets.

Yes I'm holding but at same time I'm lending some coin to generate some income

So far, for what I did now I hold some of my coins in the other exchange platform like Kucoin, Cryptopia,  Waveswallet and for the storage wallet

Myetherwallet, Nem wallet, and Electrum wallet. Just make sure you keep your password and private key and activate your 2Fa to avoid hacker.

Holding your coins for long time in exchanges is not recommended as exchanges is not a wallet for that purpose. Exchange is still exchange, a place that we should use for exchanging/trading only. Indeed there are so many trusted exchanges, but for holding purpose is always better to use a wallet that we have full control of our assets. For those who have limited funds to buy hardware wallet such as ledger or trezor, there are some safe desktop wallet to store our bitcoin such as electrum and bitcoincore. I myself using electrum and obviously we should add extra security by setting 2FA on the wallet.

holding a coin is a great way to get the desired benefits but you have to hold the top coin. because the top coin to experience a high price increase is very easy, because there are already many successful investors by holding the top coin

In crypto everything work with internet so when everything went in internet, hacker always there so we must be more careful to put your money.
Usually I'm not place all of my crypto in one place, personally I have local exchange, blockchain,electrum,and multibit.

Using hardware like ledger can be the alternate choice as long as you keep your eye on it because when it's vanish, you will loss for good !

I think the personal wallet is safer because we hold the privat key, when compared to the market which a few months ago there were many issues about market hacking I was hesitant to save it on the market because of that

Well hacking is not an issue if we keep our eyes open and if we don’t share our personal data with unknown. It is good that we have allot of wallets which can be use to solve the security issue of our investment. Mostly people use block chain which is not hackable. So in crypto never share your privacy with anyone.

It may not be hackable from Blockchain's side, but it certain IS hackable from your side. On top of that, the Blockchain wallet is redundant. There are much better mobile wallet clients out there, and an added benefit of these clients is that they also support Segwit, which Blockchain doesn't and probably never will due to toxic politics games.

I'm personally using the Electrum mobile wallet client, and while its UI may not be as sleek as the one from Blockchain, it works perfectly and supports every address format. Blockchain's lack of Segwit support means that you can't send funds to a native Segwit address starting with bc1. In other words, they are censoring your payments to a certain degree. Not good.

They became successful because they aren't affected with the FUDs and the declining status of the market.  They stay positive and look the opportunity while prices is low.  Listening to bad news will affect our decisions and lead into selling our coins.  Unlike them,  they just keep it in holding and relax.

Totally agree. I think a wallet could have an extra security if it is going to be open source. Good that you mentioned Electrum, this is a good option if you only want to use bitcoin, if you also plan to use ETH, erc20 tokens or other altcoins HODLER is a good multiwallet option because unlike other multi wallets it is fully open source.

where I hold the coins depends on my needs, for example if the market is good for trading then I will definitely save/store my coins on an exchanger, and vice versa. The exchanger advantages and disadvantages I am very attentive to this especially I tend not to use exchanger or wallet that has been hacked and cases like funds lost.

I use ledger nano and local exchanger to hold coin. I think it is already safe for me because i put 2fa on that site, and can get help easily maybe because the office is on my city too.

a very good time for me now to choose and hold coins that we think have the potential to be able to quickly grow and develop in the future, many of today's coins have the potential that has lowered the price, so immediately buy and save, while the coins are now have not raised the price at a higher price again.

I also plan to have a hardware wallet called Hodler. This is going to be introduced in the market in the first quarter of 2019. They now have android and windows version of wallet and it is really a great one to consider since it is the only fully open source wallet available. Most of preferred coins are in there and they continuously adding more kind of coins the community wanted.

Firstly, I guess it can be close or open wallet depend to the investors. They have their own reference for saving their coins. For me, in a close source wallet (exchange) I can save mine more safety. IT gives us control and privasi in doing or processing anything.

well, for me, I don't think I will add to the stock of the altcoin that I have or buy it. Well, I have a few coins that I have been holding back since the beginning of the year, and of course that made a bit of a loss. yeah, but it's already a risk in holding coins.

No matter how you store your coins there is always at least some risk involved.  Someone could $5 wrench attack you and force you to give up your keys.  You could have the best security technology can offer but if you have no physical security the whole thing is worthless.  Now even if you hold your cold storage wallet at a bank vault you have to trust the employees at the bank.

Few coins have got proven their growth in the past. People who fear about the market fluctuations can invest on bitcoin, ethereum or other top listed cryptocurrencies. Apart from them, users who have got low volume for investment can afford low price altcoins with good trading volume. This will surely profit in the long term on holding.

I'm not sure about saving or holding in an exchange, most of people here suggest to keep it in a secure wallet like hardware or opensource wallet. Currently, I'm in with Hodler wallet which supports all preferred coins, it is the only fully opensource multiwallet available which assures me that that I have the control over my funds.

It is better to store the coins in the separate wallet, and we know about hardware wallets like ledger s nano and trezor and the others hardware. It's safer than saving the coin in the exchanges because other people cannot hack or steal the coin if we don't tell where the wallet is. We have a different method of how to save the coin, and some of us prefer to save in the exchanges, but the other prefers to save in the hardware especially if we have a big amount of each coin.

Thats right, if you are a long-term holder then the current price can be said to be very cheap, if you compare it with the previous ATH then the current price is far below that price, for the long term then now is the right time for you to increase your assets

I guess you were using Google translator for setting up this OP; anyway, I understand that you are about to ask where to store/hold coins like whether into exchanges or in open source wallets. Exchanges are not meant for storing our coins even most of them are not against doing so with their TOS. We must choose a suitable wallet type for that. Because, storing locally in your computer has many advantages over exchanges or web wallets. The primary one must be, always having full access and full control over your coins.

In the times of forking, people who are holding their coins within their computer, got the maximum benefits without any big hassles whereas other people who were depending on third party services, enforced to wait until their service providers decide to go for that forking. This is one simple example on the advantage of having full control over our coins.

Just want to since many are using exchanges as their wallet which I also think too risky since they font have full control of their assets. Many suggest here to go with opensource wallet which is actually true beause transparency is offered and no potential vulnerability is hidden to the users. I discovered about Hodler wallet and I find it great so far.

I don’t think exchanges are good place for storing your coins. You should have as many wallets as possible  maybe two or three. You should only leave the coins you’re trading on exchanges, as for the rest, they should be stored in a more secured wallet like the Nano ledger or something like that. And if you need a mobile wallet too, then Blockchain might be good option.

The safest way to store your coins is store in a hardware wallet which is more secure thatn exchange and open source wallet. Putting your coins in a exchange is very dangerous because some people can hack your account. Its more advisable to put your coins in hardware wallet than in exchange or online wallet.

Many of people are saying that it is not good to hold your coins in an exchange and they are saying that these exchanges are not safe they can be hacked any time or any other issue can happen to it. It is better to hold your coins in your offline wallet which is more safe than any online wallet.

There are too many ways of holding coins personally I love to hold my coin in hardware wallet which is the best way of holding and is very secured. So you can choose a hardware wallet out of two trezor and Ledger Nano S

 think the personal wallet is safer because we hold the private key when compared to the market which a few months ago there were many issues about market hacking. I was hesitant to save it on the market because of that.

the best coin storage is wallet hardware, in my opinion it is the only safest way so far, unfortunately cold storage only supports coin so that those who want to save it have no place other than the web wallet. But now there are still many lay people who are easily fooled because of the same website appearance

I use a lot of wallets. all depends on needs. My main storage is using a hardware wallet. That's where all transactions flow. I will withdraw my crypto money to the exchange wallet for trading and the profit I will return to the main wallet until the amount of capital I spend is collected, the remaining balance in the market that I will use for other transactions or I switch to FIAT. I don't think too much about security issues as long as I keep all account keys.

Holdings will always be a good idea to secure or save our capital investment if we want to earn in the end and not loss of course.
This is actually the most effective methods according to many of the community who applied that matter anyway. And in saving it, that would depend on your belief pal.

your honestly earned coins I will store on your local wallets with private keys. it is very important to do this. after all, this is your earnings and someone for a long time. it is very important to understand the responsibility and not to lose the keys

I just divided it into several parts and not all the coins I hold I save in one wallet. I save it in several wallets and some trusted exchanges, even though saving on an exchange is risky, I just believe all who are in the online world have their own risks. So as long as we can find a wallet and exchange that is truly trusted, so far I still feel comfortable and don't get serious problems.

Holding is coins is the most profitable ways to earn huge
Storing the coins in safest wallet is for the peoples choice where they can use easily ans safe

I prefer to choose the hardware wallet which is only me can open and touch it without putting it on risk from hacking. Open source may leak and your crypto might be in danger without your knowledge, so it is better to choose a hardware wallet and keep your passphrase on a piece of paper and put it on a vault.

Yes, we have to divide the coin which is held to several wallets and exchange. Because with this, we can protect the assets we have. Because now a lot of wallets are hacked as well as account exchanges that are scam. This can avoid big losses, just imagine when we store in one wallet and we lose access to the wallet, of course it will make a huge loss.

hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"

I agree that hardware wallet is better. Concerning open source wallet, since the code is publicly available you can easily check any potential vulnerabilities attacking your funds. This only means ooen source wallet could be as safe as hardware wallet if you could verify the code. I'm using Hodler wallet and will also be checking out their hardware wallet which will be available soon.

What you are trying to say ? Are you are agreeing with holding or not ? When most people are preferring to hold then it should be a better way to make easy profits rather than struggling with guessing the market price movements. Holding not just preventing losses but it will give you enormous profits over the time as cryptos are known for fetching you big profits in long-term like years of holding.

You need to enlighten yourself before going for holding your coins. Yes, exchanges are here not for providing you a wallet services. You need to identify what are the things are existing for what purposes before making use of them. Otherwise, you will get struck at some point of time. Learn things before start using them.

Unlike some 2 to 3 years back, now hardware wallets are becoming more famous as it is providing good security along with easy cold storage option. When you unplug your wallet, you are just entering into cold storage that is the big advantage of hardware wallets.

There are several wallet for different purposes ,if you want to trade then you can store in exchanges wallet,if you want a secure wallet then used hardware wallet,but if you want to keep on checking your wallet and you lazy to keep on bringing your hardware wallet then used the usual wallet on website, every wallet got their own cons and pro, I prefer to keep my coins secure in hardware wallet

No one do this actually because people invest their money to have profit and they will surely sell id they find that holding more is useless. I think if a person use to buy then he will have to hold until the price become bigger than he bought his coin. For me holding actually works in red market days and holding is preparation for green market selling.

That is obviously we are going to hold our crypto asset when the market turns to red, or rather we cut our losses but sad to say the loss was already there. It's being laziness if you want to sell your coins during the market is very down.

Back to the OP question, I think if you are satisfied with their answer you may lock this thread to reduce and redundant answer.
Most likely I hold coins on the exchange, yes that is a very risky but for me, I trust my exchange site used and I currently do trading.
A big amount is on a hardware wallet.

But, OP is not asking about whether holding or not. He is concerning about where to store his coins.

Coming back to your statements, why holding is not the best way ? I believe you are contradicting yourself within your statements. First you are saying holding is not the best way but later you are saying that to prevent losses holding is the best method. It is totally confusing.

Holding must be the best method for preventing losses as well for profiting the maximum. But, to hold we must have safer storage wallets and methods. There  will be no meaning of storing/holding your coins where your wallet is vulnerable for hacking/stealing.

better if you have a large enough balance, avoid saving it in exchange, because of course we don't hold the private key at all from the address exchange, that's the problem because we have to stay away from HOLD in exchange, but some people do it to avoid fees deposit withdrawal. Use a wallet that has a private key when making these addresses such as coinomi, or myetherwallet, try using metamask addons to make it safer

Basically, my maximum coins held on various exchanges because I don't believe longtime holding and ERC20 tokens in MyEtherWallet because its trusted many people using it without any problem.

Actually there's no need to choose ,  because indeed it up to us how to prevent such hacking and etc.  In fact even though we have a very secured wallet there is still a tends hackers can brute force  our wallet. Which is much better to be aware and stop jumping in on some suspicious link or website to avoid such issue.

Trading actively will indeed provide greater opportunities for profit. While holding is not going to give us a simultaneous profit, but there is a characteristic that is when we hold for a long time, it is very likely that the price experienced a very significant increase. But all there is a risk, we may experience huge profits and there is a possibility that we will experience a large loss too. Every strategy will produce something different and we must try to get the best results.

Right.Holding is still the safest way to avoid lossess and gain profits even in a long period of time.But i suggest to hold your coins  and keep it in your own wallet rather than storing it in some exchanges.I prefer to control my own coins by keeping it with my own private keys.Of course it's still prone from hacking especially if i never did my part to keep it safe.

Aside from storing your coins in a safe wallet you should also keep your private key and password in a safe place because some people might stealth it. I do not store any coins in a exchange and I just put all my coins in trusted wallet like myetherwallet.

keep the coins that you have purchased better on cold wallets and with private key.scammers do not sleep and try to deceive everyone and force the client to send money or coins or they can do it and kidnap.

I think holding kinds are always possible to hear much more income because if we hold our currency for long period we had some strategies to accept it so we can manage our profits like making the investment based on that situation so holding for long period will always profitable.

Its better to have hard wallet that can protect your coins but if you want to trade, you have no choice but to put your money on their storage (exchanges), so make sure that you are using great exchange. Wallet security is very important, know how to protect yourself from the scammers or you will be scammed later on. Security is the main concern of the investors and that is why they only put their money on the most trusted source of wallet.

Never store all your coins in exchanges, just put enough funds for your trades but to those coins that you just plan to hold for a long time, store it in wallets where you can hold the private keys. Ledger Nano S and Trezor is a good option but, don't be a cheapskate and buy a used one, buy a brand new one for security.

Always make sure that your money is in the right place and not on the untrusted exchanges. Please do note that once you’ve lost that money, it will be forever gone so learn how to protect your money. Storing your coins should be in place, and you have to make extra effort to protect it because a lot of scammers are just waiting for a fish to catch.

And not only that which hardware wallets isn't really expensive at all.If you do hold up big amounts of coins then its really worthy to buy one rather keeping it on exchangers which
do really have the tendency of getting hacked and loss all of your holdings. Look at the long term hodlers as of these days and prefer which wallet they have been using up.

I have about 200 different cryptocurrencies in my portfolio and I store them in various places, both on exchanges, if I need an amount for trading, and on online wallets, I have not yet tried cold storage

in my opinion it is better to save your coins in offline wallets such as ladger and others because it is safer than holding in a market that is at risk of getting hit with some time ago it was crowded with market hackers

Holding coins is the most important decision we make. even a little or a lot of coin cape just in good condition of your wallet and for sure it really is you need to use the private key. usually holding this long term or short term yet is absolutely secure all the time passed. It's important that you choose the right wallet, with the right coin and above all, you earn a real profit value.

popular hardware wallets like the ones that mentioned above are somehow expensive especially if you are a poor guy like me . they are only optional and should not be prioritize at all because even if im only using an online wallet or web wallets , i did not ever experienced to get hacked or phished  . there are many ways to secure our coins and not just by purchasing a hardware wallet  .  we can even use our gdagets as a cold storage if ever  we are really conscious about our security .

I think thats too much to handle. I only handle about 13 tokens on my wallet and still its hard for me to monitor each of it each time. Learning the news about each coin every time.

the longer we hold coins sometimes we forget them. I even forget how many coins I have kept up to now. I think, holding lots of coins is increasingly difficult to control, especially if there are many coins that don't have a price or market.

I only have investments in Bitcoin, Tron and BCH and until now only store them in the online wallet. Indeed, I will face many risks if I choose a long term investment and only store it in an online wallet, but I myself do not focus too much on the long term investment, sometimes I will sell my investment if there are good signs to sell and of course minimize the crashes that will be faced. Hardware wallet is indeed highly recommended for long term investments, the risk of losing coins is very little, only I have not been interested to use it.

I will definitely store coins in my Ledger Nano wallet. It is a great hard wallet and is against the hackers' intrusion. I have been using it for 2 years and my money is safe now. $ 100 / Ledger is a cheap price for holders.

I use both and save about 60% on my wallet in several different exchanges. Sometimes I trade, so doing that will make it easier for me to trade on an exchange.

if you are a trader than its better to hold your coin in the exchange rather than holding physical wallet or cold storage ,as you have  to trade frequently,but you should have proper security in exchange ,rest is upto them if they loose your fund they have to fund it.but if you are seldom trader or holder than it is better if you hold crypto in hardware wallet.and if you find hardware wallet expensive than you can store coin in wallet which give you full control of your coin so you can know private key of coin.

I store my coins that are mid-term holding and short-term holding on exchanges that I am fully verified on, other than this I usually store my long-term holdings on the original Wallet recommended by the official site of the coin itself, I am not a fan of multi-currency wallets as they are usually 3rd party services.

Ledger is good, but ill be checkinh out on HODLERS wallet. They introduced a web and Android version od their wallet, I find it better and will also be trying their Hodler hardware wallet which will be introduced this 2019. Looking forward to what kind of hardware they have created.

Nowadays many hacking issues are occur in the market so we should not holding our coins in exchange. But software and hardware wallet is good to protect our investment. So I recommend to move your 40 percentage in wallet at the same time some exchanges have two factor authentication is little protect our holding coins.

I use wallet that suited in our country to store my altcoin funds there are many wallet that is fake and lot of them are fishing like android apps.

You are right. I just see another discussion on list of hacking happened on crypto exchanges since 2011 and I git shocked on seeing the list. It would be highly vulnerable if we go for storing our hard earned cryptos in exchange or web based wallets. It is always good to have stand alone wallets where we will have private-keys.

Never trust any random apps which are declaring themselves as a well trusted and widely being used bitcoin/crypto wallets. Choose your preferred wallet from the bitcoin's official website : Choose your Bitcoin wallet (https://bitcoin.org/en/choose-your-wallet).

It is good mate you are doing well I think all of us should save our bit pin in our wallet which will keep ir safe from being back and not any thing can take it away from you. For me now is good time to hold even in Trading we never trade at red so use the mind and buy if you have money but never sell your coin at any cost just hold.

Really agree on this. The app you are using shouLD have good standing and recognition from the community. Bitcoin.org is the best place to determine a wallet is legit and safe. My Hodler wallet is soon to be listed on Bitcoin. org this would mean that it will gain trust from the community.

That's the beauty of this market. You can really start with you small investment and gradually work up if you have funds or if you have profited already.

I'm sure that most of us started our trading journey with small amounts and then continue to accumulate overtime and take profits specially the boom we have seen in 2017.

Still, this year though, a great time to buy more coins because they are so cheap and you can buy big amounts and its really up to you what to do with them: short or long term.

Holding my coins on the offline wallets for long-term holdings. I think offline wallets are best for holding coins safe.  For short time holding and trade, I hold my coins in different exchanges.

that is the most secure way of holding coins storing it on the offline wallets like hardware wallets, I have a worse experience in storing coin in an exchange, the exchange delisted the coin that I am holding for almost a year so it is not advisable to store coins in exchange for holding.

If you do so you will be forced to keep monitoring your assets, just like what happen to you mate the coin got delisted if you monitor the coin movement you will be able to avoid or you will be able to transfer your coins to another wallet or exchange where you can safely monitor it again, but experience will made us more furious in terms of securing our assets as it is our hard earned money which we need to be well kept.

I think it depends on what coins you hold, but holding coins with low volume have risk to get delisted anytime. And before it get delisted, we member get notification which coin will get delisted so we can take action with that coin.

Everyone has the kind of wallet they will prefer to make use of, but I wouldn’t choose an exchange wallet cause they usually get hacked, though not all exchanges. There are some exchanges that has never been hacked since they started business, but still you have to be careful and choose hardware wallets like Nano ledger.

although many people who say that storing our coins in exchange is risky, I keep them in exchange for reasons that can be easier to trade.

Holding coins is very easy but when we are selling that it will be very difficulties to us because we are not holding the better one this will the reason lots of people made last in their life and hold the better one it will be the right way.

I am a trader and keep crypto while in a wallet exchange like binance it is safe for me but if for a long-term investment, I will choose an offline wallet that has proven security. because wallet security is the most important thing in crypto

Maybe what was meant by the OP is for investment not for trading. Yeah it's very funny when you trade but you store it in the hardware wallet, this doesn't make sense.

Unless, You choose for long term investment then the best place to store your coins is the hardware wallet. Even though there are only a few exchanges that are hacked but a wary when you intend to investing is very important, you won't know what will happen afterwards.

If you are not using the best currency then folding will be definitely waste of time and waste of work so choosing the right currency is always very important when entering to trading this will be recommended by lots of people to do this lots of mistakes like this so don't make this mistake again.

Many people already discuss this and they have different opinion but most of them like with MEW and never safe their asset into exchange or external wallet. Every wallet have different system and performance but same purposes, all you need to do is just try. Keep safe your wallet by never share device or network, never click any suspicious link and always pray for the best.

You can keep the coins in exchange but keep them in good exchanges like Binance or bittrex. It is risky to store the coins in small exchanges as they can scam anytime and one may lose his money. Also if you have good amount of btc it is advisable to store only the amount of btc in exchanges with which you wana buy altcoins and keep the rest of btc in your hardware wallet or cold storage.

If you are hodling def first keep the majority in cold storage, maybe if you want to play around with trading keep a small amount on an exchange like binance but nothing crazy that will hurt you if you make bad trades.

Holding coins is the best option right now, because current market is not good to sell. Now the market is not good to sell just hold and wait with patience. Once the market is back at that time you can sell and earn good profit. Don't worry about current situation just hold till the market returns.

In my opinion personal wallet is the best option for holding coin. exchange is not a good option for holding coins or tokens. because you don't know about owner and if somehow they dilist the coin from there exchange it'll be gone (sometimes). but personal wallet it just use by only you. that's why i prefer personal wallet.

When it comes to holding your coins never trust anything online because anything can happen whether exit scam or hacking issues. I suggest you should try storing your coins on hardware wallet such as Ledger wallet, Trezor wallet, or Keepkey wallet. Never trust exchanges because anything can happen over a night.

When it comes to holding your coins never trust anything online because anything can happen whether exit scam or hacking issues. I suggest you should try storing your coins on hardware wallet such as Ledger wallet, Trezor wallet, or Keepkey wallet. Never trust exchanges because anything can happen over a night.
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that's truly correct mate but i remind those people using want to use hardware wallet or trezor wallet make sure they keep their key at most safety to make not to lose because their can'y retrieve the key to open your hardware wallet.

 I would suggest using a nano ledger.
Keep note of public addresses and you can track your wallets on the respective block chains. For instance, to check erc20 tokens, go to etherscan and put your public address in search field

That's the thing we should put in mind, we have to store our precious coins offline, to ensure that it'll be safe from hacking.
I know there are some offline hardware where you can buy, just spend a little amount to protect your money, so you'll be confident that it's all safe than regret later. Hacking is popular in crypto, fight this by being safe all the time, do this so you can really hold for long term.

Anything over $20 goes directly into cold storage. Sometimes I change this amount, but it's always a low amount. I'm not risking losing anything more than $100 USD; as such, not really considered closed or open source.

For the wallets I do use, I use only open source wallets. I wouldn't trust anything in Bitcoin that isn't open source TBH. Other software vendors in other industries may be able to get away with it, but with BTC (or other cryptos) the risk is just too real.

I still believe in online wallet and exchange wallet and luckly i was never got hack during use them and my funds were safe indeed i do realize using online wallet is very risky especially for long term saving but for me all of current online wallet already have high of securities system and got hack or not depend on our habit when we use that

Your experience proved that we should always find a trusted wallet that we can ensure that our cryptocurrencies are safe. There are now many exchanges that are been hacked because of low security.

Depending on the preferences of each person they choose to keep the coins. I usually keep the coins that I trade regularly on Exchanges sites. Because it is very convenient for everyday buying and selling. The coins I hold long-term I keep in Myetherwallet wallet.

Ledger Nano S is a USB sized cryptocurrency hardware wallet which is best for Ethereum transactions. It is multi-asset hardware which looks like a folding flash drive. The best part is that it can store Bitcoins, Ethereum, Ethereum tokens and more than 30 other digital currencies. It works like a USB device, which when connected to the device needs the device to confirm transactions.

You need to really have a huge amount of time if you are going to store your coins in a specific wallet because it always needs to be updated in the latest block. For me, I store them in a reputable exchanges and I was suprised that a not so famous one like Cryptopia are not hacked so I think we should really blame the devs whenever they get hacked on their exchange.

If your plan is long term investment, then it is better if you will just store your cryptocurrencies in hard ware wallet. There are many risks that you are going to face if you will store your cryptocurrencies in exchanges.

Well, there are a plenty of options to hold your coins, I am using myetherwallet to hold my coins. It is very easy to use and safe too. You can use it with metamask for added security.

I choose trading when I work with cheap altcoins, and I prefer to hold more expensive tokens (more valuable) and Bitcoin. For me, the best variant is to hodl BTC for at least 5 years.

NEVER store your coins on exchanges for holding/long term storage. There is no guarantee about what is going to happen to your coins. No matter how much they insist that they are extremely safe, it is never a wise thing to store on an exchange wallet. They are always prone to hacks and can run away with your coins whenever they want. Remember, if only you do not own the private keys to your wallet, you do not own the coins!

so far, I have withheld assets that I have in myetherwallet, and local exchangers. Well, I think it's the safest place I feel. even the bitcoin that I have, I save it at the local exhcanger. so far, I know that local exchangers in my country are truly official and responsible.

I store my tokens on exchanges about 10-15%, 60% on online wallets, and cold storage has not even started to use

As long as it is even an asset, losing it should not even be an option because even if you think the amount it is now is small, in the next couple of years, you would end up finding out what you lost could have amounted into something huge. I guess those who lost their bitcoin when it was less than a dollar would have that to attest to at this stage even with how bitcoin is low today. This is one good reason why for long term holders, it is always very necessary to make sure you are using a wallet where you have full access to your assets and cannot easily get exposed to vulnerabilities.

Apparently, you have not ended up having an experience with one in the past and how so quick you can manage to lose all that you have in a twinkle of an eye if anything happens to the exchange you are keeping your assets on. Even the most reliable exchanges today should not be 100% relied on as anything can still happen. Exchanges are centralized and even though there are some securities in place, that does not mean you should completely put all your funds in them, that is not a good call for a smart investor at all. In fact, if you are not a trader, you should have no business when it comes to putting any funds at all in an exchange, and if you are a trader, you should only be trading what you know you can afford to lose.

Just to add up, even storing up your own coin holdings into your own wallet which you do possess on its own private do still have the tendency on getting hacked if you are careless.How much more for those exchangers that you dont have the full control of your coins since you are just using up their platform on storing.This had been a common advise after all these years that never ever consider for exchangers to be an option when you select
on where you do let your coins sit for a long periods of time.

I do not hold all my coins in one place. All my assets are distributed in different exchanges, wallets. I also advise people not to keep everything in one place. Your wallet can ever be hacked and then you lose everything at once.

Even if you keep your coins in different exchange and/or wallet, there is still a chance that you can lose it all once your PC is hacked. So storing your assets in different places is not enough, you need to focus more on your security system. Make sure that your PC is protected well, don't be used to visit any unknown links, and obviously set a 2FA on every wallet you own.

i have been holding my bitcoin at blockchain.info and I never have any problems with them.  My ethereum is also hold in myetherwallet also I never have problems using any of this.  I also store all my tokens at myetherwallet and what I do carefully with is my private keys.

I hold coins on many places, online wallets, hardware wallets, exchanges, depends what plan I have with them. If they are for longterm holding I always choose hardware wallet, I like to have private keys, without them its like you dont have coins at all, they can disappear just like that. But I like to trade, for that sometimes I feel I need to do things quickly so I have some amounts in my online wallets. On exchanges I have some of my picks from alts, I hold them there and I plan to sell them when price changes, i don`t like to transfer them a lot cause I lose a lot like that, its risky, but choosing the right, trustful exchange calm me down.

Having 2FA as a security access will give a hard time for any hackers to collect all our coins. That is why it is usually required for any exchanges across but some individuals won't believe this, in fact,  they just ignored all the awareness given.
The real security is come along with us, on how we handle or keys and even allowing others to used our PC.

Depending on the coins you are holding, if you have bitcoin better to keep it on a ledger nano or Electrum. But if you hold altcoins it is much better to use coinomi or Myetherwallet or shapeshift though you can also use an address in the exchange as long as you activate 2FA so that it may not steal by the hackers in the end.

hardwallet is a trusted place for now, but if you are active in managing assets, you have to divide a lot of nominal for several wallets by activating the security options provided. This is better than storing in one wallet with anxiety, but this depends on the wishes of each.

Without hardware wallet, I feel unsafe to hold my coins! Because I have faced a big Myetherwallet hack! Hold coins in exchange is nothing but a bad idea! Exchange can be hacked or even exchange hack your coins and then go away! So, always store your coin in a safe place like Hardware wallet or metamask or others secure platforms!

Remember that even with hardware wallets, you should always keep one or multiple backups in case your hardware wallet gets lost or damaged and you're unable to remove funds from whatever device you're using. A hardware wallet may be a great way to store coins for extended periods of time in cold storage, but it's easier than you think to lose a hardware wallet, especially when such devices are as small as a thumb drive in the case of a device like the Ledger Nano S.

Also consider having multiple methods of cold storage like multiple hardware wallets in different locations in case one is compromised. Hardware wallets may cost you more than opening up a free online wallet or a client like Bitcoin Core, but hardware wallets also provide a great level of protection for your coins at the same time. Well worth the cost IMO, and pricing for hardware wallets has also fallen in this bear market. Just make sure you're not buying imitation or non-authentic devices and from an authorized retailer whenever possible, and always reset your device upon receiving it.

That's right mate, it doesn't mean that you hold coins in a long term, you are surely get a huge profit in the end. Of course not, it is also base on its potentials capability for every altcoins too. That's why you need to do some research first before making an investment in every trading platform.
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Good explanation from you mate learning is the best way how find profits, he looking for safe storage for their coins not he asking advice how to make earning for keeping in coins i safe storage. Sorry do not be offend.
I use mew to secure my coins and i use online wallet with have good reputation and trusted poloniex i use it for my storage in small amount of coin to it incase need to withdraw fast.

I am a adventurous person so I will choose to store my money in the Exchanges. This job is very convenient for me in trading transactions, making the flow of money be made and creating accumulation for myself. That's great

Its actually convenient but not so sure about the security of your funds since you don't have the full control of it. I still prefer storing in a hardware or an open source wallet which provides private key, this gives me freedom from third trusted party which is the whole idea of cryptocurrency.

for the long term, you really have to use a safe wallet to hold it back. you should use a lot of security additions like 2fa or any
verification, it will add to your wallet's security dude, hardware wallet is also quite safe for long-term wallets

instead of holding crypto coins in exchangers it is safe to hold these coins in hardware wallets like ledger nano and trezor both the hardware wallets are secured wallets we can store coins by backing up private keys in safe place

I think it is logical to store your precious coin in different wallet based on the amount,  the time frame of uses and investment purposes.  I  only put the coin I need to trade with or use for another investment in exchange,  and I  use these coin between 24hrs period.  Every other coin is either in cold storage,  hardware wallet or a third party wallet with my private key!

  It could be your own choice but the purpose must be earning. So holding is the gate to succeed in crypto currency. Choose the best wallet when you think to hold as there are so many in market. Cold storage is over now people are holding in wallets I prefer to hold my coins in block chain as it’s the most trust worthy coin holding wallet.

You are really wise person because you chooses good wallet. Bitcoin has best wallets in market but same  as you I prefer using blockchain as it’s the safe one and it has ability to keep your bitcoin for as long as you want. Holding is good option for all of us in this market condition so keep holding as much as you can.

If you do choose to store coins on Blockchain.com or any other web wallet, make sure you're using 2FA and all security measures available so your account doesn't get bruteforced or hacked into. Blockchain.com provides a nice instructional guide on how to do so in this article (click here) (https://blockchain.zendesk.com/hc/en-us/articles/211164103-Enable-2-Step-Verification-2FA-). I've had an account broken into on Blockchain and its funds emptied last year, and though I moved the majority of my funds to the hardware wallets I now own, that was still a sizeable loss for me. Don't be complacent with security.

See when the prices are decreasing in the market, the very good option is to hold the coins instead of selling them for loos. Holding will always help us to make some decent profit when the market starts recovering. So always try to stay strong when the market cap is going down.

As a holder, my advice is you should store your coins in a safe storage before you do hodl. Holding coins in a exchanger is really a risky decision because you do not have control to your coins. It is really good to store our coins in a hardware wallet for us to ensure the safety of our coins.

Agreed with you! Its best to store in a hardware or a wallet that provide full control of private key. Basically, that would be open source wallet. I'm now using a secure wallet called Hodler and I find it good so far. Hodler will also launch their hardware wallet very soon.

It all depends, I don’t store my coins one place, I separate them. The coins I want to do trade with goes to exchange and they don’t stay long on exchange cause once I’m done I quickly move them to my main wallets (wallets, cause not one). I make use of hardware wallets, software (including mobile wallets), but they are just few –Blockchain and Nano S Ledger are my main.

If you want to hold your Bitcoin electrum is one of the good cold wallet to storing it. Though, holding some altcoins in the exchange platform was also a good thing as long as the exchange has a good high volume in the market, just like Binance, Okex, Coinbene, Idax, Lbank and Kucoin are all good place to store your coins as long as you activate 2FA to all exchange which I had mentioned. 

But in other countries they have there own cryptocurrency wallets thats compatible in every coins as mentioned like btc,eth,bch and xrp for those wallets not usable it may cause a bad sign of your funds.

I HAVE My bitcoins in a hard wallet but my altcoins are stored on Mew. i prefer Mew Because i can sell it off anytime. i don't personally like to save altcoins in a hard wallet.

I once use electrum and I find it great since it is open source. its just that it can only hold bitcoin which cannot store other alt coin I prefer. I found the Hodler wallet which is the only multi open source wallet available. i have transferred my funds in Hodler, and exported all my wallet from jaxx to it. So far, I find it it great and nothing something strange happening.

absolutely right and don't forget to strengthen the security of our wallets, because now there are so many hackers in the crypto world that will target our valuable assets

Effective hodl strategy requires a user who have various of information. They cannot increase their investment if they do not have enough information and experiences. I hold only few coins because it is really hard to find a coin that have enough potential to survive in the cryptocurrency market.

When we think of long term holding, security needs to be given preference. Looking on these many hacks it gives an insecure feel having our assets on exchanges. We cannot say they are cheating, with technology anything could happen. Hackers were much focused on cryptocurrency knowing the growth it has acquired over the years compared to several other investments and technology related investments.

There are few coins that I would suggest you to regularly have in your portfolio:

• ADA
• XRP
• EOS
• ETH
• STRAT

But, depending on the FA and TA you need be changing the portfolio.

TA of STRAT:
Stratis (STRAT), a platform focused on blockchain development, recently announced the release of the new Stratis Sidechains and Smart Contracts coded in C#, marking the production release of both sidechains and smart contracts which made it fall in the category of the top coins in 2019.

Bullish Case:
STRAT has broken the long term downtrend line(dotted) with 200 MA(Moving Average) and have moved significantly(150%+).

It has tested resistance(red bar) 0.0004500+ satoshi level and it's undergoing a correction(dip) and testing the first support level(green bar).

Bearish Case:
If the support level doesn't hold then we might see the last line of support level around 0.0001800-0.0001400 Satoshi. Breaking this level would be super bearish for the asset.

For Chart: https://coinswitch.co/news/top-3-hottest-coins-in-jan-19-read-trx-ada-strat-price-analysis

It moved 30%+ from one of the support zone(0.0002437 sats)

Until now I only use MEW as safe storage for my coins, use exchanges to trade but never hold it for long term period ( exchanges more risky ). People has different reason but I know that MEW is enough. As long you never share device & network, always check link address everything will safe. Meaning use platform/ system you know and never protect it with easy way because scammer/ hacker mostly use hard way to stole your asset.

I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

Same with mine too.I preferred to keep my coins in my own wallet where i have my own private keys.Atleast i know it would be more safer than just keeping it in some exhanges and pay some amount.There's no other wallet that is more trusted and safer than your own.Of course we should be responsible too to keep it secured all the time.

If we have no plans of using it yet, then keeping it in our own is the best way, we all know that crypto will have its time again, so better secure our altcoins until we can trade them high again.

I have a few bitcoins in my wallet, and until now I am still holding, with the reason that the price in the market is very falling, so I decided to keep holding it.

I am using the paper wallet, hardware wallet as well as the web wallet but I rarely keep more than 5 to 10% funds online on any third party wallet. I believe that web wallet gives us flexibility but when blockchain is providing us the opportunity to hold our own funds without relying on third parties then we should certainly take that advantage and hold funds offline.

The choice is easy get a hardware wallet, most hardware wallets now support many coins so it is likely your favourite projects are there or will be added shortly, but do not make the mistake of holding your coins in an exchange, there has been recently a hack to remind us that regardless of the security exchanges implement it will be impossible to secure them completely.

And for a hardware wallet, I prefer to use ledger s nano or ledger x nano (which already release). That wallet supports many coins even for erc20 tokens, so you don't have to be a worry if you want to move your tokens from mew to the hardware wallet. Like many other people, I still holding coins in my wallet, some in the exchange, some in the Android phone, some in the offline wallet and hardware wallet which support many coins.

To hold a coin the most imports t thing you need to consider is your wallet because there are so many jackets who are ready to hack up your coin but they only way to escape is using proper wallet holding is best option now a days because price is increasing but not reached at peak yet so hold in blockchain safely .

it all depends on the coins we are talking about here.  the top most coins have good wallets for storing. the likes of Nano, coinomi, electrum, etc. currently, Most projects do have there
wallet and encourage users to use there wallet. we can not download the entire wallets found in the cryptospace because some are virus. people should be careful with the kind of wallets they use to store their tokens to avoid loosing your hard earn tokens.

I would prefer to store and keep my coins in a safer wallet. As for me, it is better to keep it safe in a hard wallet because I find it less risky. It is important that we'll know where and how to keep all our earnings safe and secured. I have been keeping my earnings in there for a long time and my earnings are safe there.

Hackers improve their skills,they do not stand still. Every week I see news that hackers broke into some kind of exchange or wallet. There is no 100% protection when you store money on the exchange or your own wallet. It is best to have several wallets and several accounts on exchanges and diversify risks.

Definitely it is not going to be exchanges because you can see that many exchanges where hack in the recent times. Better to store your bitcoins in the wallet where you have the private case like electrum if you are holding high amount of bitcoins then you should probably buy a hardware wallet.

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

Choosing a wallet is not a big deal now as there are so many but the best wallet which we can use to keep our bitcoin safe is blockchain. I prefer using blockchain than going for multi sites. Holding is key to be rich in crypto currency investment because for now nothing can be better than keep on holding our coin as it’s not fully recovered so hold patiently.

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

therefore security is very important to keep our assets from being hacked, because in holding it will be comfortable if the security of our assets is guaranteed and very strong

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

The big mistake people are doing in this situation is investing and get very quickly but it is not good for them also without getting huge profit how we can develop our monthly income so cold for at least some more extra time it will good for the development and very useful for stability of cryptocurrency especially Bitcoin so holding for long term investment will be the good idea now.

Some are storing their money on exchanges as it's easier to access and they can also trade easily.
Though there is a risk but they are willing to take that risk and therefore for whatever happen, in case exchange
will be hack, they should not blame anyone, it should be themselves.

It's alright to store in exchanges, make sure you don't only trust one for your assets, and for long term hold, better put it in a hard wallet for proper safekeeping.

Ledger is enough to store bitcoin, altcoin, and tokens base on ethereum especially with a ledger release a new version hardware called Ledger Nano X that supports more tokens in the hardware.

I am sure there are any exchanges that still safe for storing coins, but it's not recommended to store all of the coins in the exchanges. But if we are day trading, then it is fine to keep for a while in the exchanges because we can directly withdraw the profit in bitcoin to the other wallet.

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

you already decided your choice.and i think this is the best for you.save our asset in exchanges wallet made it easy when our coins price suddenly jump.so we didnt miss the opportunity to sell in high.

 keep tokens on wallets from which I have keys that I can change for security
and keep my tokens on several wallets though I have never had any hacking attempts, I still think that it is better to insure than to grab my head then

Well if you don't have that large assets stored, it's u likely that hackers and scammers would target your account so you're ptobably safe from personal attacks. The problem is if the exchange itself gets attacked and hacked. Hopefully the exchange is secured in a lot of ways.

Having private key means giving you the full control of your funds. This is why choosing exchange wallet is not recommended since it has third trusted party which gives you not the whole control which anytime could lose you assets. Its time to have freedom from third trusted party after all this is the reason why cryptocurrency was made.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Anyway, to hold coins for the long term it would be more recommended to save in a place where you can have a private key anywhere, even reputable exchanges will not guarantee hacking problems. So it's not recommended an exchange for you to hold coins for the long term, because the real exchange is only a container for you to trade.

Holding your asset on crypto exchange is not really advisable since there are still system glitches after all of safety precautions the website developers did follow. Saving your coins on online wallet contains more risk than having it on offline storage or cold storage. I prefer my coins to store on MEW wallet since there are less problem on it when it comes to storing.

We can hold our coin in exchanger, or our wallet. But If we keep on exchanges, then We have to choose the trusted exchanges. Or we can keep our wallet  example coinbase, blockchain or if we keep ERC-20 coin then we can use myetherwallet.

Therefore I suggest holding and keeping your money in a wallet because there is no third party that controls your finances. exchanges must only be for trade. you can save funds in exchange only for trade funds instead of your long-term funds..

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

I would rather keep my bitcoin on a trusted exchange site, at least the company stands in my country so that when they commit fraud, I can ask for compensation from them, it is easier to do and I also never save on exchange sites outside my country

Simply said, if you believe in some coin you need to store it on a safe place. Exchanges and online wallets are not safe. The best is to find a wallet for yourself, official if its possible, and to hold all coins there. I have ledger wallet for bitcoins for years, if you plan to stay here spend some money on that, spending money on security is not throwing money, its good for everyone and every business.

Right, hardware wallet is a good choice. But since I am not holding to much coin, I prefer to use open source wallet like electrum and hodler. Bitcoin org is about to list hodler as their official recommendation. This would mean it could be a safe wallet as much as hardware wallet could give.

Usually, I bought coins and joined in a bounty where can I store their tokens in MEW. I do not trust those coins that has their own wallet because it may be a scam. In fact, I never store at any exchange unless if it will be sold for more than a day. There is no such thing as safe storage in cryptocurrency because any digital thing may hack or inflicted by a virus. So, we should know how to protect our tokens and always look for it.

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.

You are doing really good job ETH is good coin to hold as some of my friends are holding it and they told me good about it but I personally never tried it because I am holding only bitcoin, I am very happy for holding bitcoin it has given me good profit as till now I did not lose anything but I won huge amount of profit so holding your coin is one of the best way to get profit.

Well holding those two coins you both have  can be nerve wracking lol. Eth is quite in a depressing state right now. It's good if you're going to buy now but imagine those that started holding when the price was above 500usd. And bitcoin is only slightly better. Other alts have outperforned these top coins to start the year like tron and i've advise to look into the alt market while this bear season is still here.

The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

Agree . thats why i dont trust online exchange ever since i start investing in crypto im not a fan of putting my assets inside the exchange because i feel scared as i know that they are always the target of hackers  .   i rather opt to hold my coins inside my hardware wallet  since i have a vast range of coins on my portfolio .

That is critical if we just put our coins in any exchanges, thus we can't guarantee of the safe keep and its control. Any possibilities of losing it especially when that certain exchanges will been hack or their is conspiracy inside.  To make is it more safe, we better kept in a wallet which we have control into it.

I think you need to hold tight your ETH and don't let it sold at a low price and the most important is you need to stay calm when you see ETH price moving fast to up and down. It is hard to hold ETH until now, and I know how it's feeling, but I still believe that ETH can be back to the higher price and I think ETH have a big chance to rise in the future.

If you hold a coin or a token, then it is best that you should check it well and then some kind of investment should be done above, because there are many things in trading which are very important to know.

Our first priority when we are holding our coins is the safety and security of it. Hackers can stole our coins if we do not store our cryptos in a safe storage. I always prefer to store my coins in offline wallets for me to ensure that I am the only one who has access to my wallet.

I  believe that people won't make exchanges an option now after another known exchanges has been hacked. To my fellow traders, I know you have read or watched a topic about the best wallets for crypto and 99% of them does not recommend to put it on exchanges and they want you to use hardware wallets.

Yes, many exchanges are hacked 2017 middle and hole  2018, But if he uses the hardware wallet, he will get a lot of good security which is almost impossible to hack, more so that it can be said that there are many trusted exchanges(Ex.Bittrex,Binance) whose security is very hard to use them.

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers

Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

that's right, our bottom must be clever in storing our coins in a safe place, because everyone already knows. The market is currently unstable, and I advise you all to keep coins in a safe place, but I want to give you input for this post, you should enter a wallet link that you think is safe, so that new members can find out. thank you mate

Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.

Well I do not agree with you here because what if the exchanges where your coins are placed, is hacked ? how will government or anyone will return you funds ? Recently Cryptopia exchange was hacked and even the New Zealand police was not unable to find the hackers and all the funds of the people are lost.
The best way to save your coins is to use hardware wallet or at least use desktop wallet where you have control over your funds through private key.

Yes, there is no point in buying a hardware wallet if you have limited funds. One of my friend, who recently entered in the crypto field purchased a hardware wallet. He did not even have half a btc and i think this is not wise decision. If you have less bitcoin i will prefer to use desktop wallet like Electrum (https://electrum.org/).

holding the coin is a great way to get a big profit right now, because the market this year is likely to be a very good market so many people are using the method of holding

really because now there are so many hackers who target our assets, so if you want to hold coins in the long run that must be prioritized is the security of your wallet

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

Holding coins for the long term does have a risk of many factors and one of them is a safe place to use as a storage of coins itself. So far I have never holding a coin in one place, and I saved it in many places including in a exchange. Honestly in the past I have lost the coins I saved in an exchange, but it happened because of my own mistakes, learned from experience and I did not repeat it until now and everything is still going well. But the main thing that must be considered in holding coins is to always use a wallet where you can have access to control the private key, because that is the most important thing in maintaining a wallet for coins that you hold for the long term.

now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

Hardware will be the best option when holding good amount of coin but if you have less amount of bitcoin, you can choose to store in an open source wallet like Electrum (www.electrum.org) or the newest open source multiwallet clled Hodler (www.hodler.tech).

Even the CEO of binance said that it is not good to store our coins in a exchange. The most preferable storage us still the cold storage for you ensure the safety of your cryptocurrencies.

No doubts that it is the safest that we can have, if we know how to secure it properly and we follow every precautions that can be done avoiding
hackers to penetrate with our wallets, we do need to make sure that we review and research what are those particular ways that hackers can
overtake your protections, needs to know every single details how to prevent that,.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

As long as you know what you are doing you can reduce the risk of holding your coins but many newbies do not know how to do that so it is better for them to stick for alternatives that secure their coins the most until they learn how to do it by themselves, unfortunately many see the costs of hardware wallets and decide to not adopt them only to regret it later when they lose all their money to hackers.

Exchanges are already proven not a good place to keep your coins, even how big and reputable it is, they are still vulnerable to hack.
I would only keep my coins in exchange if they have insurance that would make our deposits safe, but so far, I haven't find a site that gives insurance.

That's right, we should not trust exchanges to keep our coins because there might be problems to occur specially during maintenance period it's more potential to be hacked by theives. Storing our coins safely at private wallets or harware wallets like ledger is a very secure idea in order to have full dominance of it. Don't let your assets be prone to online network breach, and possibly one day you will regret after choosing bad decisions.

Case in point, the recent Cryptopia hacked and then QuadrigaCX owner died without passing the keys to the exchanges wallet. It's so much convenience to us to keep all our coins secure in a out Wallet that we have total control and not trust exchanges, it's too much risk with so many potential points of vulnerabilities.

When someone can't afford hardware wallet, it would be wise to choose an open source wallet like electrum when holding bitcoin or Hodler when choosing multiple coins. This way, user will be sure that that have the full control of their funds since private key is at their hand. Third trusted party makes investment more less secure since anytime they want they could take away the funds.

Just always reminds, holding on exchange its not a good choice we know thats your account but you not holding the key of your crypto. Personal wallet always a good option for holding in long term just instal it and backup the seed or wallet

Exchange is not meant to be storage of funds, it is supposed to be for trading. It's better to keep funds on hardware wallet or open source wallet. Since exchange is third trusted party, you don't have the full control of your funds, anytime they want they could do something with your funds. But if you have the private key in your hands, no one has the ability to take control over your assets.

I don't think it's a problem to hold coins in the exchange market, they have a legal KYC system (up to tier3), but only for popular exchange markets. make sure the market is managed by those who have big names and have a customer service system that is not problematic, not a market that is only operated by 1-5 people without clear credibility.

- Exactly, wanting to hold bitcoin and achieve good returns, we will need a lot of money to accumulate when the price of bitcoin is quite high, and this condition is not easy for everyone, and instead of focusing on bitcoin, we can invest and hold as you say, choose potential altcoin and these are places that only need a reasonable amount of money, we can achieve a lot of profit, better than bitcoin. However, I want to remind that we should have clear strategies, always set stop loss, should not be too persistent with holding, this method has appeared a lot of risks since the price of bitcoin plummeted

therefore from now on there are many people who hold bitcoin in the long run because he believes that someday he will get a big profit. because this year until the coming year bitcoin will definitely be better than last year

holding bitcoin shouldnt be costy and wont require alot of money or capital because there are many known ways to earn a btc online expecially from this forum . there are bounties , airdrops , signature campaigns  . earn directly in btc or on other cryptos which you can then also convert to btc  . holding coins is the best way to overcome this crisis that we are facing these day's  . just keep your trust and faith to btc guys and all be just fine soon  .

All centralized exchange has possibility to get hacked so never hold coin for long times in centralized exchange, if we put any crypto on the centralized exchange is mean that crypto own by exchange and not us because we dont have the private key. In the beginning of this year Cryptopia get hacked and untill now they still offline. So its more safe to hold coin in personal wallet.

Exchanges are definitely not the best places to store your funds, especially if you are more of a long term holder. The number of news pieces talking about exchanges being hacked is getting ridiculous. Keep your crypto on secured devices like Ledger Nano or BitWings' Wings WX phone. You can never be too secure in the world of crypto.

Have heard about Ledger but what's the phone? sounds interesting

Here's a thread I found about them https://bitcointalk.org/index.php?topic=5110359 (https://bitcointalk.org/index.php?topic=5110359)

I keep all my cryptocurrency deposited in a desktop wallet. Because I do not believe in an online wallet. Because the online wallet server may be down at any time. So if the online wallet server is down during the time of need, then I can not lift my cryptocurrency. And the online wallet's website can be closed at any time.

Then lose all cryptocurrency. Again the online wallet is blocked. Then there is a lot of trouble. So I think the online wallet is not good for the cryptocurrency. The best desktop wallet has to keep corruption and not get any trouble, but there are many benefits. Anytime, desktop wallet corruption can be withdrawn.

Best regards,
Coin-Desk

There is hardware version of Hodler wallet. It has better feature than their free open source app available in desktop and Android. They developed a more secure wallet base on smartphone. You can read more about this wallet here, it's their pro version of their initial release: www hodler.tech/pro

Exchanges are not good for holding coins because we have seen many hacks in the past, of course, there is a reputable exchange but it is always good to hold the coin in our control instead of giving control to others. Yes, MEW is the best wallet for holding the coins because i have been using it for more than a year now.

You always need to use several storage options, it is convenient to sell on exchanges immediately, if the cryptocurrency has grown well in price, and cold wallets can also be lost

You are right. It's better if we have a separate wallet. Or we can buy hardware to save the coins we have so we don't have to be afraid of the hacking. MEW is also a good wallet to save many tokens, but I still prefer to use the hardware wallet. Don't save all amount in the exchanges if you don't use it for trading because we don't know if the market will always be safe from the hacker.

I think almost all of us keep our currencies in private wallets. because its influence is very large. I keep myetherwallet currencies instead of exchange pages because I'm afraid the hackers will attack.

Depends on the coins I should hodl. If the wallet I'm using has the coin I wanted to hold then I'll use that coin. If it doesn't I'll find a wallet or exchange that has that.

Electronic wallets are best in this regard. You can’t let anyone else to guard your money when you yourself can have good surveillance over them. Coins are precious and everyone is looking up for some loopholes and leakage point in your actions so that they can take advantage of it. Although not everyone is clumsy but mostly this comes on the screen. So try to work yourself for the safe guard of your coins.

Some coins are easier to hold on an exchange, if you just plan to trade the coins for a few days or week, then just use your exchange wallets, unless it's for you is a huge amount of the coin you plan to hold.
But generally, only hold a small amount of your crypto on an exchange.

For coins like bitcoins you want to hold for years, get a good wallet, a hardware wallet are great to keep crypto on, and they support many different coins.

If you holding coins with staking rewards, then download that coin's wallet, and start staking.

Maybe limited wallet or maybe not all wallet that support a token or maybe a coin to save in there. So people use exchanger to save their money and then must take all risk behind it. So maybe in future there are a lot of e-wallet that can support everything.

I have some coins in some open source wallet like binance exchanges and others but I never planned to stay them there longer. When I think I have enough funds to transfer to an closed source wallet, then I may transfer it right away. More safe and reliable than the latter one. This may keep my bitcoin as my long term investment.

I prefer to save or hold exchangers, because that's easier and doesn't use many transactions in transferring funds, especially so far my funds are still safe from loss(hacking). Other than that, if we store in exchangers we will not miss the moment of flash pump or dump.

As long that exchanger really trusted and we already sure to save money in that place, i think it is not wrong. Even a lot of people said that if we save money in exchanger, we not control our money, we don't have any choice especially traders who trade anwhere and anytime.

One condition you must have in this strategy is to be patient, nothing else is needed in holding besides being patient.
I'm sure if you have high patience, profit is only a matter of time. and for number 2 you must have confidence in bitcoin.

It all depends on the amount. If it is large, then I keep the coins in a cold wallet, and if the amount is small, then it can be kept on the exchange.

Yeah same with me, I guess it's good but yeah we should careful to choose exchange for save our assets. At least trusted and famous exchanges, personally I was save my assets on Indodax, I trust it because its exchanges from my country.

I'm not doing it if I were you.  Small amount can have big value in the future, so if you are holding it for long term, it's wise to store it in cold wallet.

I recommend that while the market is in a state of swing, that is, minor changes in prices, about 70% of all crypto-currencies to trade daily, since they give a good percentage of profit and do not grow quickly, the remaining 30% is left for the long term

I will store my coins in ETH wallet because of the safety and absolute security which ETH brings. I do not choose to store coins on exchange sites because hackers are always looking for ways to attack the exchanges. That always brings a lot of danger to my property.

The member rank for asking suck question does not mean anything. I may hold a large portion of my tokens on exchanges that have demonstrated good and reliable security such as Huobi and Bittrex most especially when the purpose is not just to store or hold but I will enjoy some amazing benefits like stake, percentage rewards etc. Some people don't trade but holding a coin in exchanges makes them to get amazing rewards monthly based on the promotion of the project in question.

Nowadays, you cannot be sure if all of your holdings will be safer in all of your wallet because there are a lot of great hackers nowadays that could easily steal your profit, that is why i mostly store all of my crypto in my ledger which is a hardware wallet because hackers could never access on my wallet. But i am also looking for an trusted exchange that i could easily convert my fiats or crypto into bitcoin and vice versa. Until i found about Darb (https://darbfinance.com/?=crowd) finance which it is an exchange of fiat and cryptocurrency and at the same you can also use it as a wallet to store all of your holdings because it has great security features that can protect all of your assets,  that is why it will be better you use safe exchanges like Darb which is the most secure asset trading platform.

Of course, you need to keep your long-term coins in cold wallets.
At the stock exchange, I only have coins for short-term operations and vseravno then I put it in my wallet.