Where do you hold your coins?

[Md.Esamul Haque]

I think the safest way to hold a long-term coin is in a cold storage either paper wallet or physical devices both have some advantages and disadvantages, but if your coin project is had a feature of staking or master node you better keep it on a computer that runs at 7/24 and set a strong encryption on that computer and set a specific IP address that can only access that computer.

[Sanglotslongs2]

My BTC are in cold storage. My alt are inexchange or go to coldstorage too if I hold for a long time. For the few airdrop that I did there are not secures on my computer. If someone hack my airdrop (they have little value too me) I'll know that my computer is compromised and deal with it with a wipe/reset etc.

[kissme09]

If you do not want to keep the coin on the floor and exchange them you can go to Neblio's home page which will give you the hard purses you can put in them and when you want to sell them you can depostit on exchanger.
link: https://nebl.io/wallets/

[Salz01]

Desktop wallet ,in my opinion is safest and don't forget to keep an eye on the coin's performance on the exchange

[urikmarkov]

In your opinion, it is advisable to store on a computer the crypto currency offline or better to use online services and desktop applications?

[coindomain]

Trezor works well and is fairly easy to set up with step by step instructions. You can complete the set up, understand how it works and transfer your coins in less than twenty minutes. 

[Bastime]

I use myetherwallet for storing my coins and tokens. It's free so everyone can get their wallet in seconds but I prefer hardware wallet for more secure but I don't need it this time. Free wallets also available for Android app like Ethereum wallet by freewallet.org and Bitcoin wallet from Bitcoin.com and blockchain.info.

[Sphere_Official]

I use a separate machine offline desktop wallet specifically myetherwallet. I do routine backups and paper backup. Hardware wallets are best but not a necessity unless you move around a lot and have to take stuff with you in my opinion. I rather play it safe than trusting anyone holding my coins and tokens over the net.

[tansoft64]

for me I just trust myetherwallet for holding my altcoins and using this for less than a year with no issues because it is secure with an online server than offline wallet with just your own PC.

[babsjoe]

I make sure all my coin are held in a wallet that i have the private key. For long term holding , I have coins in paper wallet. And for short term holding, I have those coin in hot wallet!

[Ardenoss]

I hold coins using wallet exchanger. Because it's more practical, except for the PoS altcoin, I will store it in desktop wallet as it can provide growth.

[hotimbineh]

Keep the coins in stock of the wallet to facilitate the exchange but lately a lot of new coins seem to be garbage in the wallet. And that still becomes garbage will appear https://www.myetherwallet.com/

[TheBobman]

the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything, print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk

It's pretty tough to get coins 100% secured because there is a lot of software that can break wallets. Just keep it encrypted and hope for the best.

I agree it will be impossible to have it 100% secured. You can't secure everything but we can make it harder so that it will take a long time for hackers to break in.

I hold my coins mostly online because i think this is better than storing it on your laptop. They can easily steal it with a wallet stealer.

[jyotianand01]

It depends on the coins which coins you have in your portfolio, if you have staking coins then you have to download the wallet of that coin and add your coins and get benefits of staking for holding. If you have erc20 tokens or coins then you can use myetherwallet.

[sharkbaitzero]

So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.

Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.

Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?

Trezor, if it doesn't support the coin, then desktop wallet.

[Ailmand]

I would advise not to hold a large portion of tokens on an exchange.  Any exchange could collapse and you would lose all of your funds.  Or they can change the rules and you can't access your account because of your country of residence.  I would advise, depending on the cryptocurrency, getting a hardware wallet or a windows/apple/linux wallet suited for the cryptocurrency you hold.  At least it is saved on your desktop and nobody can lose your coins.

I agree. It's always better to not hold them in large amounts in one wallet. However, if you would hold them in any online wallet, better not give your password to anyone and be sure to keep your wallet ID in a usb and offline, in your own PC. Also, be sure to not input them in any random site because it's a way for scammers to get your wallet details without you knowing.

[gurunanakji777]

I use desktop wallet and as well as using exchange of bittrex and yobit to keep my coins. If you have good no of coin and planning to hold for long-term then you should use desktop wallet of the particular coin. So that it would always remain safe.

[Razerglass]

Imo best available option is hardware wallets which offer best secure defence system against any hard attack. Desktop wallets can be considered as medium impact level in terms of security. I currently use hardware wallet like every trader who wanna to securely hold coins.

[chickenado]

Imo best available option is hardware wallets which offer best secure defence system against any hard attack. Desktop wallets can be considered as medium impact level in terms of security. I currently use hardware wallet like every trader who wanna to securely hold coins.

For me I am holding my coins in my offline eth wallet which has it's own private key and it's own downloaded file back up. Its same as the wallet that you mean of like the desktop wallet, but I think having that ether wallet is more secured compared with other types. I can trade those coins easily just using their private keys or their file back up offline wallet.

[jerry0]

To those of you who hold a lot of money in altcoins... do you download the wallet and keep it there as oppose to an exchange?  I read that people who use bittrex to trade actually keep their coins in their offline wallet but this is with bitcoin.


So what about their altcoins then?  I thought the great thing about bittrex or exchange is you don't need a wallet for every coin.  I mean imagine you buy 30+ different altcoins.  Are you really going to download 30 different wallets?