Do you daily withdraw coin balances from the exchange(s)?

[ChronoLite]

I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.

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[danipay]

for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .

[akar87]

for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .

Agree with your opinion. Because my motivation in trading is to increase amount of bitcoin i have in the future (as expected all members here) can enjoy enormous profits. And not for withdrawn even every da

[dmamigo]

for me cryptocurrency is best way for investment such as trading . What's the point we invest money in bitcoin or other cryptocoin but we withdraw these every day . like a post above me only  withdraw coin if we need money too .

Agree with your opinion. Because my motivation in trading is to increase amount of bitcoin i have in the future (as expected all members here) can enjoy enormous profits. And not for withdrawn even every da

Yes, if you are able to analyse the market technically and successful in trading 3-4 days in a week, its enough to keep your balance to trade the next day. Unless you require money, let it be there. Or if you have profit and want to withdraw its totally the individuals choice.

[Donaldturp]

I wanna hold my balance in exhange sites. But If I need urgent cash, I just withdraw some amount required by my need. The rest still sits in exchange wallet.

[virtualkeybuyer]

I often keep my bitcoins/money in exchange which is mostly used for my trade because any time we can face a good opportunity and in that case if we will not have our bitcoin in exchange then we will need to wait for longer to get the transacted money in that exchange.

[chaser15]

When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

No. Although it might save me from chance of being scammed, once you put money on a trading site, somehow you must trust them even a bit since you allow your money to be deposited there. Besides regular withdrawals will just destroy your trading strategy and supposedly earnings. Ask those long time traders and Im sure most of them don't do regular withdrawals like multiple times per week unless they earned big with the trend they take a ride.

Since cryptocurrencies are volatile, trading funds must always be ready. Depositing while there is an ongoing trend will just result on being missing in action especially if traders most doing trades at altcoins. You have to wait for the confirmation and sometimes there is deposit problem on the way. Since price moves a bit even by only a second, coins must always ready not to just prepare it while there is a trend.

[AicecreaME]

No, I don't withdraw coins from the exchanges that often because even though I used hardware wallets, I don't do that getting the whole bitcoins from my wallet to an exchange because I only use the amount that I really need for a certain trade or investment to an altcoin because I think it is very risky to store so much bitcoins in an exchange and it is best to just leave our bitcoin in hardware wallet.

[suryana]

I schedule to withdraw half from trading profit of bitcoin from exchanges once a month. Because, i have other sources of income to meet daily needs. Bitcoin an investment option for me.

[gabmen]

That would be too expensive and would likely eat a big chunk out of the earnings that i have for that day id i withdraw at a daily basis so no, i'd rather have my earnings withdrawn in to avoid paying a bigger amount. If you add up all the fees you'd pay daily compared to that once a week or once a month withdrawal, the price difference would be big

[chineseprancing]

Of course no, I withdraw 1 time a month because I just want to keep it first and sometimes I just wait to increase first the price of bitcoin before I sell it. Due to I just want to withdraw high amount that's why I cannot daily exchange my bitcoin balance.

[Sweetbtc]

I do not and I would not do that for a couple reasons.  I do bleed off the profits once or twice a week, but that is different, I keep my trading base balance on the exchange.  First, a TX can take a decent bit of time, even with a higher fee, and that lost time can mean the difference between hitting the sweet spot on a trade signal and missing it completely, even ten minutes after spotting the opportunity.

Secondly, not every trade drops a huge return, some increase the overall funds by just a bit after all is said and done and adding daily network and exchange fees to the mix just lowers the margins.  Also, the exchanges I use appear to use some odd system of addresses and outside tracking would be increased by sending off site and back. 

The exchanges I use give you an address and it stays with your account unless you request a new one, but the balance does not stay in that wallet if you watch.  I assume that they do this to have the use of the funds for the site, but who knows.

[btc_angela]

I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.

Same here. I don't usually withdraw my bitcoin and I just let is sit there because I may missed a lot when the price of bitcoin goes higher. And I just withdraw if I need fiat money. And just transfer it to my Electrum wallet if needed for storage. I usually transfer it to my Electrum once a month only.

[Kemarit]

No, I don't withdraw daily funds from the exchanges, because we all know that you will incurred fees daily if you are going to withdraw it. Although it is not safe to sit your money in a exchange it is better to put just enough for my trading in there. But if let say I sell my stash of bitcoin or altcoin then I will definitely get the funds out of there and transfer it to my safe wallet. I will just left enough for trading purpose.

[mk4]

When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.

I personally don't since I don't daytrade (I trade like once in 2 weeks) but if I did daytrade I definitely would withdraw everytime. People should take bitfinex's hack a lesson. Will it happen again? Unlikely, but very possible.

Link for those who are curious: https://en.wikipedia.org/wiki/Bitfinex_hack

[isen99ono]

Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange

[Hutalar]

I'm not. Because in night time, sometimes altcoin are rising up and you may missed them if you do withdraw everyday. I withdraw only when I need my money or just want to make my money safe with transfer it to different wallet.

That is right to keep some money for any opportunity in our exchange wallets as if we will not do like that then we will not be able to get the money faster in our exchanges because of transaction timing. So we may miss some opportunities when a sudden pump occur or suppose we want to sell immediately then we will have to wait for the transaction to complete.

[hisuka]

I dont usually do daily withdraw coin from the exchange. If I have high balance from the exchange I withdraw then transfer to fiat currency. Because if I do withdraw daily Im lose with the transactions fees that some exchange collect high fees.

[danipay]

Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange

It's true because we do not know what issues in the exchange market will happen in the future, when we need money, we even have to face problems and delayed. Investment is important but do not hold too long your funds in exchange markets.

[arwin100]

Of course not, I do not withdraw funds from the exchange every day and there will be a fee for it, because to earn profit every day it is not easy for me, just felt enough and needed, then I will pull it but not all funds I pull, I will leave some of my funds in case I want to buy altcoin. But it is not good to also keep funds long enough in exchange

It's true because we do not know what issues in the exchange market will happen in the future, when we need money, we even have to face problems and delayed. Investment is important but do not hold too long your funds in exchange markets.

Fee is the main enemy of the traders out there and thats why in my case I do my withdrawal on weekly basis so that Fee will not hurt me so much, But if there's certain emergency happens and no choice to get well I will surely withdraw my Funds whatever day it is.

And don't make  your balance sleep for so long on exchanger since their are some issues of hacking or exchanger site running so better do some frequent withdrawal and don't ever miss to do it on weekly or even monthly basis.