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gabmen
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July 25, 2018, 11:41:32 AM |
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Actually most of the trader who trading altcoin are moved their coins to the wallet because exchanges site is prone of hackers because most of the hacker wants big money and exchanges site have that because of the traders money. But it's up to you what do you prefer.
Well logic would dictate that if you're not actively trading your coins and prefer to just keep it for the long term, then put them in your personal wallet. Coins in a exchange pretty much belongs to the exchange itself. And there have been many instances in the past were can learn from. |
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AleSergio
Sr. Member
 Offline
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
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July 25, 2018, 11:45:05 AM |
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I keep mostly all of my crypto on trading platforms, of course you can separate and keep something on myetherwallet or on the wallet which is on your computer. Keeping your coins on trading platforms is good so you can sell them faster  |
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Gheka
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July 25, 2018, 02:55:52 PM |
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I keep mostly all of my crypto on trading platforms, of course you can separate and keep something on myetherwallet or on the wallet which is on your computer. Keeping your coins on trading platforms is good so you can sell them faster I also hold most of my crypto on the trading platform because exactly as you said, we will be more convenient during trading when in trading, we only need to delay a few minutes, we will have lost or missed huge profits. Many people think the trading platform will be more easily attacked by hackers, it is also reasonable but they forgot that the exchange had a very high security system, especially in large exchanges, security is more optimal than ever, hackers want to steal is very difficult while our wallet is probably the ideal destination for hackers when our security is very low |
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Brama Jasa
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July 25, 2018, 04:21:45 PM |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
if you want to trade long term I recommend to save it in the wallet. because the risk of storing on the platform / exchange is very large. but if you trade every day the tip tip you must sleep and when you want to sleep you save your coin to your wallet. safe trading boy. a little mistake will result in a loss |
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xSkylarx
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July 25, 2018, 05:06:14 PM |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
As for me, it is still safer to keep or store all our cryptocurrency tokens in a hard wallet to avoid uncertain losses. We all know how risky and hackable some trading platforms these days are so we have to secure and be careful about our earnings. It is better to secure it in a wallet where no one else could access but you. |
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brolekset
Newbie
Offline
Activity: 65
Merit: 0
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July 25, 2018, 07:41:13 PM |
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Well, it depends on what the trading exchange.If some kind of proven and well-known and it is possible on the exchange why not?But there is always the risk of hacking, the risk is everywhere even on the electron wallet
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melted349
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July 25, 2018, 11:10:23 PM |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
As for me, it is still safer to keep or store all our cryptocurrency tokens in a hard wallet to avoid uncertain losses. We all know how risky and hackable some trading platforms these days are so we have to secure and be careful about our earnings. It is better to secure it in a wallet where no one else could access but you. We should always think the safety for our coin so we should think always for some possible thing that if you could take this in our time as of now yes there is a lot of hackers and people are crave to get money ina easy thing that they dont have to work on on the other hand some of us hardworking to take money in a safe way. |
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KXC247
Jr. Member
Offline
Activity: 294
Merit: 1
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August 09, 2018, 09:21:36 AM |
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In my own opinion, it varies. You can decide to keep your coins on the exchanges only if you are a day trader but if you want to invest for a while or for the long term, secure them in a wallet as they are more better and also safe there
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nydiacaskey01
Legendary
Offline
Activity: 1834
Merit: 1036
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August 09, 2018, 09:36:03 AM |
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The problem with keeping your cryto assets in trading platforms is there's a risk of losing you assets due to hacking. However, you will lose the chance to earn if you see an opportunity. I've been in this situation before when I found out that a coin will be listed on another trading platform, so there's a chance that the price of that coin will go up, but I can't buy because I don't have extra funds available.
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julzcoinbit
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August 09, 2018, 10:47:08 AM |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
If you've a hard wallet such as ledger and trezor to keep your coins being safe from those hackers, then Its better to keep It holding on your wallet, but If It is not, then you must transfer coins In some exchanges that you're comfortable to used and make a trade of It. |
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Adrin
Member
Offline
Activity: 294
Merit: 10
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August 10, 2018, 05:58:44 PM |
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I don’t think need to do this. You can make your crypto in Dollar and stock it for as much time as you can. In trading platform and wallets there is some risk. Though lots of well-reputed sites have exchanges or very good experience. If you like them then hold your coins there and more security you can use blockchain wallet.
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drumamat
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August 10, 2018, 08:01:58 PM |
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In my case, I'm store bitcoin on Binance and all the other tokens on my ERC-20/XLM/NEO wallets
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hungsanh2512
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August 10, 2018, 08:51:30 PM |
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Wallet usually got a better security and it's safer, so if you want to hold the coin for a long time without touching it then go for wallet, saving your coin in trading platform is only for trading purposes, dont save too many things in exchanges because, exchanges got a pretty bad reputation, it can suddenly close and run away with your coin
You can not keep all your money in your wallet and stand still a place without making profits, you also have to get out to buy / sell. When you are profitable, you sell it, make a profit, and put it in your wallet for safety. |
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Holucoin10
Newbie
Offline
Activity: 113
Merit: 0
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August 10, 2018, 10:14:51 PM |
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I won't advice you keep your coins in exchange Trading platforms. You risk too much if you do so. There are many hacking issues these days, so be smart enough to save your coins in a wallet. That proves to be more safer than exchange Trading platforms. This method is best applicable if you are planning on a long term Holding Strategy. If not, it is also not a bad idea to secure your coins in your wallets and then transfer them to exchange platforms, when you want to trade, just bear it at the back of your mind that, transaction fee comes with it.
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Aion2n
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August 10, 2018, 11:59:43 PM |
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If you plan to constantly trade your coins, then it is better to store them on the wallet of the exchange. Of course, for this you need to use several exchanges (on different exchanges there are different prices for coins, so sometimes it is more profitable to buy and sell on different exchanges + exchanges sometimes go for maintenance and you will not have access to your coins).
If you don't plan to trade constantly, then it's best to store your coins on your wallet.
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coffigayo
Member
Offline
Activity: 322
Merit: 12
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August 11, 2018, 03:55:46 AM |
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I think it's better we can store it in our wallet because sometimes we can hold a coin because we can't see it if we scan. If our ownership of cryptocurrancy is in our wallet. We can ensure that it's safe. If we want to have our coins on our trading page to do business, we have to let our coins increase.
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EXtremeAEX
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August 11, 2018, 11:54:56 PM |
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Now I suggest that you don't trade daily. If you don't know much about trading, the best option for you will be investing in mid-term or long-term trading. Just buy promising coins at a good price, bring them to your wallet and wait until their rate grows to a comfortable mark for you.
If you have a desire to trade, it is certainly more convenient to keep the your coins on the exchange. So you'll have a quick access to the necessary operations with them.
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uchiikina14
Member
Offline
Activity: 308
Merit: 10
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August 12, 2018, 01:29:48 AM |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
The coin that you will use in trading is okay that you put in the wallet exchanges, but if the coin is not for trading then it is better in your wallet not in your wallet exchanges because if you want to exchange your coin into fiat money then you will pay a big fee to transfer the coin that you will exchange in fiat money. |
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yndye
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August 12, 2018, 02:07:09 AM |
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Now I suggest that you don't trade daily. If you don't know much about trading, the best option for you will be investing in mid-term or long-term trading. Just buy promising coins at a good price, bring them to your wallet and wait until their rate grows to a comfortable mark for you.
If you have a desire to trade, it is certainly more convenient to keep the your coins on the exchange. So you'll have a quick access to the necessary operations with them.
If you are actively trading then keep the coins in the exchange because it would just be expensive for you to deposit and withdraw from time to time although this would secure your coins but then you just have to choose what you are most comfortable at. You just have to remember that when your coins are in the exchange, consider it not yours because it might be stolen anytime. It is still safer to keep your coins in your own wallet that you hold the private key since you are the only one who can access it. |
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anderson705
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August 12, 2018, 03:15:52 AM |
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I think crypto assets should be in wallet, hardware wallet is a good way to store it. But you can divide your assets for long term and short term. Long term hold tokens or coins in hardware wallet and short term must be keep in trading exchanges to fast trades whenever a need arises. For me I park some on exchanges, tokens use for day trade, I just withdraw the profit.
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