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Author Topic: Wallet options  (Read 140 times)
curkowski (OP)
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December 27, 2017, 10:25:33 PM
 #1

Putting together my portfolio plan for 2018, and need to pick valuable wallet options.
For BTC and ETH I use paper wallets right now, and planin to expand to more coins, such as Waves, Strats, SONM, REQ, OMG and Monero. I would be thankful if you could consult me what would be best options for me in holding all these mentioned coins.
I thought about hardware wallet but I would maybe get it if I can hold all of my portfolio in it, as not all of these coins are supported by HW like Ledger. As now, I like paper wallets, but besides BTC and ETH, I dont know can I make them for these other coins.
What are your suggestions, help a brotha out, ty
LukaIII
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December 27, 2017, 10:29:32 PM
 #2

ledger can hold all the major coins, plus all erc20, so its probably the best option
shillberting
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December 27, 2017, 10:35:30 PM
 #3

Either that one or get a Trezor it can store essentially all the coins the Ledger can (I believe they differ on a few). You may not be able to hodl all your portfolio but you should be able to hodl a vast majority of them in there.
ThatDetroitAndy
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December 27, 2017, 10:49:44 PM
 #4

Like everyone, I purchased a Ledger Nano S. It's very easy to use. When you set it up, it generates a 24 word list that you can use to recover your wallet should you ever lose it or it becomes damaged.

I had a little bit of dancing around to do to get it coordinated to host the wallets I wanted to host, but setup time was probably around 20 minutes total.

One thing to note is that it can only hodl (ha) a few wallets at a time because of memory limitations on the device. I believe I have four on there and it won't take any more. You'd need multiple Nanos I believe if you wanted to keep lots of different currencies. I might be wrong in the case that you might be able to keep ERC20 tokens in the Ethereum wallet, which would mean you could keep lots and lots.

Someone with more Nano experience might be able to weigh in -- I just hodl mainstream coins like a plebe.
pinkpanther03
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December 27, 2017, 10:53:07 PM
 #5

Putting together my portfolio plan for 2018, and need to pick valuable wallet options.
For BTC and ETH I use paper wallets right now, and planin to expand to more coins, such as Waves, Strats, SONM, REQ, OMG and Monero. I would be thankful if you could consult me what would be best options for me in holding all these mentioned coins.
I thought about hardware wallet but I would maybe get it if I can hold all of my portfolio in it, as not all of these coins are supported by HW like Ledger. As now, I like paper wallets, but besides BTC and ETH, I dont know can I make them for these other coins.
What are your suggestions, help a brotha out, ty

I think Trezor and Nano ledger are most useful things in storing altcoin. And so far it is safe according to all user of this wallet. Though I'm not using it so far but planning to buy it at the amazon.com
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December 27, 2017, 11:17:02 PM
 #6

Try to put all those coins together on the same wallet, maybe those are not compatible with the Ledger Nano, but most of them they are .

And the ledger allows you to integrate your MEW wallet in there, so you can have erc20 tokens too.

It is much more safer.

curkowski (OP)
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December 27, 2017, 11:30:46 PM
 #7

Thank you for the recommendations, will look into Trezor or Ledger.
What would you consider a invest line between not getting an hardware wallet and getting one, obviously if someone plans to invest 10k dollars in some coin, hardware wallet is a must buy, but where do you think is the line between "my portfolio is not big enough and spending on HW is too much for me because of that" and "I need to buy one considersing on how much I invested..."?

Also, if ERC20 tokens can use same adresses as ETH ones, can you just make paper wallet for each erc20 token, just as you would for ETH, same procedure? Do I even need to make them separately or can I just deposit my, ie. SONM on the same adress where I have my ETH, so in HW or Paper wallet, that all is looked as one wallet? Probably im not figuring that part right...

skullsandbones
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December 28, 2017, 03:19:02 PM
 #8

Personally i like MEW. MyEtherWallet
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December 28, 2017, 03:34:07 PM
 #9

In summary, Derived from Waves recommend your own Dex for its flexibility and speed, derived from Ethereum recommend Myetherwallet. In relation to large amounts of a currency it is advisable to download the hardware.

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curkowski (OP)
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December 28, 2017, 05:41:05 PM
 #10

For ETH and ERC20 tokens I decided to go with MyEtherWallet, so far its great, very simple and useable, for Waves I went with their Lite app, and for Stratis I went with Electrum. I think I made good choices, time will tell. Thank you all
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December 28, 2017, 05:45:05 PM
 #11

I think you should buy hard wallet, most of the tokens listed on it are supported by trezor, I think for Ethereum tokens, Metemask should serve you well, to me it seems more secured than myetherwallet

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fred22
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December 28, 2017, 07:26:12 PM
 #12

Exodus all day long
AlexaSonda
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December 28, 2017, 07:38:08 PM
 #13

The best choice is the official wallet, this is the best and safest option. Another alternative is hardware wallets such as ledger and trezor nano. There is also a wallet from a third party, but I do not recommend this.
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December 28, 2017, 08:59:37 PM
 #14

I have seen that the apps on the Nano S take up the memory . . . You can keep all coins, swap out the apps, add different coins, swap back the apps and retrieve the initial coins . . . ie: coins are stored regardless, just alter the apps you need. At 7m17s this dude has 700 ripple coins and the ripple app . . . deletes the ripple app to make room for . . . 11m09s . . . Ripple app reinstalled and the 700 ripple is still there. I do of course insist you satisfy yourself with a trial run to be confident in the process!!! . . . Here is the YT video I watched just the other day (and 200% honest, my Ledger S arrived today) . . . https://www.youtube.com/watch?v=nz_BxR23FY4
I hope this helps Smiley
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