What is the maximum amount you keep at a single exchange

[vilain]

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

[Nomad88]

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

This can be really different from one person to another. I personally don`t keep more than 2BTC in a single account. In fact, this is my top limit to risk on trading.

[vilain]

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

This can be really different from one person to another. I personally don`t keep more than 2BTC in a single account. In fact, this is my top limit to risk on trading.

I see.

Actually what I'm wondering is how people relate to risk. I mean, what percentage of your total funds is 2BTC?

If it's 10%, for example,  that means you are very conservative. If it's 80% then you're a serious risk taker...

That's the kind of idea I wished to apprehend from btc community.

[Nomad88]

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

This can be really different from one person to another. I personally don`t keep more than 2BTC in a single account. In fact, this is my top limit to risk on trading.

I see.

Actually what I'm wondering is how people relate to risk. I mean, what percentage of your total funds is 2BTC?

If it's 10%, for example,  that means you are very conservative. If it's 80% then you're a serious risk taker...

That's the kind of idea I wished to apprehend from btc community.

In my case, this is actually %100 percent. But percentage of total funds being used on trading doesn`t exactly mean the person is a big risk taker. It has a lot to do with what you are investing in. I personally wouldn`t buy any altcoin that does not have huge volume on the market. So, it is less likely to make huge profit when you are not investing in a brand new altcoin which you think has a great potential in the future. I hope i explained my point clearly.

[rienelber]

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

This can be really different from one person to another. I personally don`t keep more than 2BTC in a single account. In fact, this is my top limit to risk on trading.

I see.

Actually what I'm wondering is how people relate to risk. I mean, what percentage of your total funds is 2BTC?

If it's 10%, for example,  that means you are very conservative. If it's 80% then you're a serious risk taker...

That's the kind of idea I wished to apprehend from btc community.

In my case, this is actually %100 percent. But percentage of total funds being used on trading doesn`t exactly mean the person is a big risk taker. It has a lot to do with what you are investing in. I personally wouldn`t buy any altcoin that does not have huge volume on the market. So, it is less likely to make huge profit when you are not investing in a brand new altcoin which you think has a great potential in the future. I hope i explained my point clearly.

The % of your money you put on something is what dictates how risk averse you are. Even if you're 100% sure of some investment, it's still risk and we should always diversify.

I don't keep more than 1/4 of my invested coins at a single exchange, or wallet, or anything. That's how I'm willing to loose in case some shit happens, it wouldn't take up my sleep.

[DodoB]

No more than 1-2 BTC. i wouldn't advise anyone to hold more than that in an online wallet.

[unamis76]

0%. I deposit some coins when I want to trade, do the trades and immediately withdraw them, so my coins are only there when i need them to be there.

[allthingsluxury]

In the past, I've never kept more than a couple bitcoin. Well, except in the early days when it wasn't worth much.

[Raimonn]

It depends, when i want to do some trading, i can have more than one bitcoin on exchange, but i withdraw them to my computer wallet when I finished the trading.  I don't feel save having more than 0.50 Bitcoins on exchange. We saw before that some exchanges were hacked or scamed their users, MtGox, Cryptsy ...

[Alley]

100%.  Otherwise impossible to trade with sell orders. 

[eon89]

What do you mean? You put your bitcoin there and immediately take out your fiat. Don't wait for anything.

[QuestionAuthority]

0%. I deposit some coins when I want to trade, do the trades and immediately withdraw them, so my coins are only there when i need them to be there.

Same here. It's too risky. I learned my lesson - you can't trust Bitcoin exchanges.

[justspare]

I only keep about 10% of my Bitcoin in an exchange. I don't really trust exchanges with my Bitcoin.

[Rizky Aditya]

I only keep about 10% of my Bitcoin in an exchange. I don't really trust exchanges with my Bitcoin.

Yeah. After the Mt Gox scandal, I only keep 5% of my Bitcoin in an exchange. I keep the rest in a trezor.

[The Sceptical Chymist]

I'm not a trader but I have some accounts on exchanges.  I basically keep nothing in my accounts, including sig earnings from Yobit.  I buy some Dash with that and transfer some to my Mycelium wallet.  After Mt. Gox and Cryptsy I've become justifiably paranoid about losing what I have.

[amacar2]

I keep almost half of my coin in exchange usually in bitfinex and i use 25% of my fund to do altcoin trading. And remaining 25% to use for daily use.

[Rizky Aditya]

I keep almost half of my coin in exchange usually in bitfinex and i use 25% of my fund to do altcoin trading. And remaining 25% to use for daily use.

Wow. You have some balls my friend. I wouldn't really think someone would put that much into an exchange.

[pooya87]

anybody who has been trading for some time, or lost any bitcoin (like me) on cryptcy or couple of others who went down knows not to keep even 1 satoshi on an exchanger or risk losing it.

that is why whenever i trade i withdraw at the end of my session.

[SFR10]

I've kept 0.24BTC for around 24 hrs in a exchange in the past. It's very risky to keep any sort of amount on any of exchanges for longer than the time it's needed for you to exchange it. Base on what happened in the past (many lost their funds), no one should leave their funds on exchanges nowadays.

[Kprawn]

You should not put a amount figure on here, the OP wants a perfect strategy based on percentages. I would say, never more than 20% depending on what you own. You could distribute the risk and

use more than one exchange, but it might even expose you to a bigger chance that one of them may pull a Mt Gox on you. If the exchange you are using are regulated, you have a smaller change of

getting Gox'ed. The old saying, " Never invest more than you can lose " still apply to trading on exchanges. Do not go all in... and you will be fine.