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Author Topic: How to protect my altcoins? Please help.  (Read 1583 times)
Pearls Before Swine
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June 28, 2017, 07:42:53 PM
 #21

I use Coinomi for multiple coins and it works pretty good.  But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them.  Otherd have suggested paper wallets,  and that's a damn good idea...IF you're holding for the long term.   IMO a lot of those coins aren't worth holding longer than a few weeks at most.
The Enoeht (OP)
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June 28, 2017, 08:18:30 PM
 #22

I use Coinomi for multiple coins and it works pretty good.  But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them.  Otherd have suggested paper wallets,  and that's a damn good idea...IF you're holding for the long term.   IMO a lot of those coins aren't worth holding longer than a few weeks at most.
Why not?
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July 13, 2017, 10:18:29 PM
 #23

I use Coinomi for multiple coins and it works pretty good.  But as I don't own most of the coins you listed, I can't say for sure if Coinomi offers wallets for all of them.  Otherd have suggested paper wallets,  and that's a damn good idea...IF you're holding for the long term.   IMO a lot of those coins aren't worth holding longer than a few weeks at most.
Why not?

Maybe they are garbage?
RedX
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July 13, 2017, 11:56:23 PM
 #24

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.


It's a hassle if you are going to download the specific wallet for each of the coin so just activate your 2fa on your exchange site. Just make sure the exchange site is the real site because there are many scammers that copy that same site and you log in to them.
shade_wrath
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July 14, 2017, 01:57:40 AM
 #25

Use MYEHTERWALLET for Ether and EC-20 coins. Check how to cold store on airgapped computer.

Exodus is also good if you want a desktop wallet and just using for storage.

If you already invested thousand's of ur hard earned money, better buy HARDWARE wallets, you wont regret it. Just remember pass phrase and if you lost the wallet you can start with new one using existing pass pharse and ur old coins will be visible.

Don't ever trust a exchange and expect them to keep your money safe!

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ethereumhunter
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July 14, 2017, 04:23:59 AM
 #26

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

you can save dogecoin verge, reddcoin, lbry in coinomi.
xrp, gnt, steem, dogecoin, nxt at coinpayment.
the other wallet that i know to save multi coin is jaxx but there is for limited coins and not like coinomi and coinpayment. i am using this three of wallet in my android phone wallet.

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Bakemat
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July 14, 2017, 08:16:06 AM
 #27

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

The best way is to create your own Paper Wallet. You can search online on how to create a Paper wallet step by step. Thats more secure than other wallets online. You can also create 2 or more paper wallets to make sure and divide them from different paper wallets as well.
MarkReuter
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July 14, 2017, 09:59:26 AM
 #28

you don't own your cryptoassets unless YOU, and ONLY YOU, know your private key. Never share your keys with anyone, not even your true love
Salicorne
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July 14, 2017, 10:02:13 AM
 #29

The best possible way, for whatever coin it is, is to use the proper wallet, downloaded of course from the official website, and ran on an offline computer. This way your coins are safe.
ccsang
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July 14, 2017, 11:52:46 AM
 #30

If you planning long term holding coin , I will choose ledger S , You must enable 2FA If leave coin at exchange , because not protect private key by yourself , 2FA most important to protect your account Smiley
shade_wrath
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July 14, 2017, 12:14:17 PM
 #31

No Exchange is safe ..
No wallet is safe either ... Trojans and malware
Some dedicated wallets need you to connect to internet ..

If you are low on budget and want next to best solution then go for Paper wallets .. tiresome but as strong as hardware wallet

________Any Store Can Buy, Sell and Accept Cryptocurrency________
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JustCauseBIH
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July 14, 2017, 12:38:07 PM
 #32

Can you just send them to your ETH wallet and keep there? Do ETH wallet backup and store offline?

For example, im quite sure this can be done for TENX.
shade_wrath
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July 14, 2017, 01:01:10 PM
 #33

Can you just send them to your ETH wallet and keep there? Do ETH wallet backup and store offline?

For example, im quite sure this can be done for TENX.

Only ETH and ERC-20 coins can be saved to MyEtherWallet(MEW) ..
- MEW has range of options .. download Cold storage and copy it over to airgapped computer(no internet connection) ... then run the MEW steps .. They also have steps on how to send coins from MEW using airgapped computer.
- MEW also help in generating paper wallet
- Just Zip and copy the entire folder and save at different locations for safety

________Any Store Can Buy, Sell and Accept Cryptocurrency________
█████████ ██ ███ ██      PUNDI X     ██ ███ ██ █████████
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robelneo
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July 14, 2017, 01:07:56 PM
 #34

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

Some of these coins are bitcoin client coin so it's always best to keep a copy of the wallet.dat or private key in a safe place and if you are holding an ethereum based token always keep the private keys, do not put all your coins or even half of it in exchange.

CraigWrightBTC
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July 14, 2017, 01:15:47 PM
 #35

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.
You must put the altcoins on official of wallet the altcoins and never put your coins on the exchangers
i hope you have understood about the altcoins that you have invested on them,
so you don't confuse how to put the funds on the official of wallet and always do back up data
makes sure you put the private key of altcoins on safe place.
Ayers
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July 14, 2017, 01:16:16 PM
 #36

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.

worst thing ever is to store on exchange, store instead on a multicoin wallet like coinomi, they are secured in your computer locally and more safe than exchange, then backup the wallet of coinomi and you are ok, against possible losses

evader11
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July 14, 2017, 01:40:29 PM
 #37

I have invested a few thousand USD in last few days. I have worked hard to save the money so I want to do everything in my power and protect my coins.
At the moment coins are on exchange site(s).

What is the best way to protect/store following coins?

IOTA

RIpple

Verge

SiaCoin

ReddCoin

SafeExchangeCoin

BitBay

Sequence

Golem

Ardor

LBRY

STEEM

Dodge

Stellar

MUSICCoin

NXT

Please help guys.
You have invested many altcoins, that's great! Sometimes investing in many altcoins are not preferrable because you cannot focused on it when to sell it or withdraw it. So its good if you use few coins, 2 or 3 coins.  And about the security of your coins, you need to save the coins from exchange to official wallet which you will own the private key and that is the best way to protect your coins from hackers.

adzino
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July 14, 2017, 01:52:38 PM
 #38

Exchange isn't the safest place to store your coins. You can store it on your computer, but computer virus and infections are risks you should not be taking. Try investing on hardware wallets. They aren't very expensive but worth buying. Else you could go for paperwallet like everyone suggested.

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July 14, 2017, 05:30:58 PM
 #39

Use MYEHTERWALLET for Ether and EC-20 coins. Check how to cold store on airgapped computer.

Exodus is also good if you want a desktop wallet and just using for storage.

If you already invested thousand's of ur hard earned money, better buy HARDWARE wallets, you wont regret it. Just remember pass phrase and if you lost the wallet you can start with new one using existing pass pharse and ur old coins will be visible.

Don't ever trust a exchange and expect them to keep your money safe!
I would just download a regular wallet from the official website of the coin or just download the Ethereum wallet from their website instead of purchasing a hardware wallet. Downloading Ethereum’s blockchain is long, it’s worth it in the end because you literally paid nothing to get your coins secure.

I would trust anyone that makes a hardware wallet, you don’t know what’s really inside of it. Plus there more flexibility with a desktop wallet.

 
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