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Author Topic: Wallet vs Exchange  (Read 4282 times)
Sohailul
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August 04, 2018, 02:03:51 AM
 #61

Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?


I keep my all coins in exchange wallets. Like bittrex and livecoin. Even I also use coinbase for bitcoin. But most of the coins I keep in exchange site. Because exchange site is safe for coins.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Fayefot
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August 04, 2018, 03:26:07 AM
 #62

Well, at the moment im keeping everything in my wallet since i stopped day trading. I belive that it is more safe in the wallet than in exchanger.

yfaz
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August 04, 2018, 07:00:32 AM
 #63

I think you should  always keep balance on your wallet.
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August 04, 2018, 10:48:09 AM
 #64

I keep it all on my wallet, 40% on the Binance trading platform.
Ubiaitthoi801
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August 04, 2018, 12:09:53 PM
 #65

At present, I will keep 30% coins in my wallet and 70% for the trading platform. My experience and knowledge are not so much, so I only use a small portion of my assets to invest in Cryptocurrency, I want I experience it myself.
renemagritte
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August 04, 2018, 01:33:42 PM
 #66

%30 wallet (ledger nano s), %70 exchange. I normally keep all erc20 and neo(&nep5) tokens in my ledger but I want to buy the dip, sell the little pumps Smiley that's why I'm in exchanges more. Also I couldn't use stop loss (because everything was in ledger), some of my tokens are -5x in usd lol Cheesy
hoangthuphuong10
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August 04, 2018, 01:55:45 PM
 #67

Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?



I also do it like you. 50/50 for Wallet vs Exchange
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August 04, 2018, 02:15:21 PM
 #68

I'm hold ERC-20 tokens only on my ETHWallet with Trezor Access. If that BTC or another blockchain I'm prefer keep it on exchanges(with 2FA)
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August 04, 2018, 03:03:01 PM
 #69

Well, crypto is all about self-responsibility and hence I do not keep more than 10% funds on the web wallets or exchanges. I am using Trezor hardware wallet and another paper wallet too where I hold my 90% of the funds under my control. As we all know that crypto transactions are irreversible, the only way to keep the funds secure is to hold it offline in a secure manner.
bittab
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August 04, 2018, 03:45:25 PM
 #70

Vote for exchange. It should be fast.
cha1ner
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August 04, 2018, 04:15:12 PM
 #71

If you are looking into long-term investment, then Wallet and (preferably cold storage) is better.

On the exchange, you only keep amounts you want to trade. Not more. Or the amount that you actually want to pay out.

There is at least one article on news that exchanges have been hacked. I don't like paying Gas for transfers from exchange wallet to my private one, but this is the only way to have them safe. In my case for the last three months its 100% on wallet.

I am looking into trading and investing now, so most likely will be transfering either onto Hot Wallet or Exchange, depending of what I want to do.
mithrim
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August 04, 2018, 07:12:23 PM
 #72

Is it like 50/50 or more like 90/10?

Also, keep in mind that it's at least as much important to have part of your funds in fiat. There you'll also have to decide if you keep part of the fiat on an exchange in order to be able to make quick decisions.
Twkasun52
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August 04, 2018, 08:13:20 PM
 #73

If you Hold long term,store in wallet is good option.I you intend to trade time to time keep your coins in the exchanges,otherwise you have to pay unnecessary fees for transferring coins wallet to exchange & exchange to wallet.

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Quiy
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August 05, 2018, 06:13:32 AM
 #74

95% hold on the wallet because it is for the long term
and 5% hold on the exchanger for short term
duonghoangphong4
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August 05, 2018, 06:46:45 AM
 #75

I hold all coins on exchange and wallet ( 60/30 )
ndhdiwo234
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August 05, 2018, 08:03:00 AM
 #76

Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?



You can keep your money on "cold wallets" and when you want to invest, use it.
Cybedscaud
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August 06, 2018, 01:25:35 PM
 #77

I keep all my funds on wallets. The only exception is when I daytrade but I do it pretty rarely.
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August 06, 2018, 01:50:33 PM
 #78

If you are looking into long-term investment, then Wallet and (preferably cold storage) is better.

On the exchange, you only keep amounts you want to trade. Not more. Or the amount that you actually want to pay out.

There is at least one article on news that exchanges have been hacked. I don't like paying Gas for transfers from exchange wallet to my private one, but this is the only way to have them safe. In my case for the last three months its 100% on wallet.

I am looking into trading and investing now, so most likely will be transfering either onto Hot Wallet or Exchange, depending of what I want to do.

That is great, but what about when you have a lot of different coins? You would have to download all the wallets for each.

AzatFinrazor
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August 06, 2018, 02:01:55 PM
 #79

There is no exact ratio.

Holding your assets on exchanges is not recommended because, thus, you trust a third party with your private keys, which is always less safer than keeping the keys to yourself.

If you are a long-term investor, it is essential that you store your assets on a hardware wallet, such as Trezor or Ledger Nano S.

If, however, you day-trade, you of course gonna need those coins at an exchange.

So it’s completely up to you.
hacsoi2799
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August 07, 2018, 03:14:54 PM
 #80

I keep all my money on the Wallet Exchange because it's safe for my money. Depending on the purpose of using my bitcoin, I will trade as needed.
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