Ledger to take all?

[andyroo]

Hi guys,

I currently have majority of my stuff on an exchange. I have a couple on the ledger nano s but it only takes a few.

Obviously this is all a gamble, but if it does go sky rockets next year I don't want them on an exchange.

Will Ledger in the next year accomodate for all alt coins or should I accept that for thenext few years most my coins will remain on an exchange?

I know that is takes ERC20 tokens, so I am talking about ones like Power Ledger or Cardano that dont fit in that catgeory, or at least didnt show uip on the apporved list to be able to send to ether address.

Thanks

[zhirnov1]

what you say, counters and all tipped there are various other exchanges and why!?

[mk4]

It's never a good idea to leave funds on an exchange, unless you're trading a lot. If the exchange you're using gets hacked, you're done for. Learn from the mistakes of people in the past, and never let it happen to yourself:

The Inside Story of Mt. Gox, Bitcoin's $460 Million Disaster
Bitfinex hack - Wikipedia

Will Ledger in the next year accommodate for all alt coins? Most likely not ALL altcoins of course, but expect coins with high marketcap to be added in the future.

My suggestion would be: Leave all your coins that Ledger support to your Ledger wallet. Leave the other less-known coins to their official wallets.

[donovank]

Ledger will continue to dump for a couple of more days, but be sure to keep an eye on it because this is not the end of it

[Sutters Mill]

Hi guys,

I currently have majority of my stuff on an exchange. I have a couple on the ledger nano s but it only takes a few.

Obviously this is all a gamble, but if it does go sky rockets next year I don't want them on an exchange.

Will Ledger in the next year accomodate for all alt coins or should I accept that for thenext few years most my coins will remain on an exchange?

I know that is takes ERC20 tokens, so I am talking about ones like Power Ledger or Cardano that dont fit in that catgeory, or at least didnt show uip on the apporved list to be able to send to ether address.

Thanks

I'm confused. Are you asking if ledger will accept all alt coins at some point in the future? If that's the case then almost certainly not as there's hundreds of them now. Keeping coins on an exchange is ok for a short period of time but not long term so if you're worried about that exchange them for bitcoin or what other currency it allows and store them on your ledger until you're ready to trade again then exchange them back. It's not ideal but neither is keeping coins on an exchange longterm.

Ledger will continue to dump for a couple of more days, but be sure to keep an eye on it because this is not the end of it

are you talking about some alt coin? Op is asking about the bitcoin wallet ledger.