Bitcoin Forum
May 12, 2024, 10:02:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How Much to Keep on an Exchange  (Read 246 times)
bitbunnny
Legendary
*
Offline Offline

Activity: 2898
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
January 03, 2018, 09:22:59 AM
 #21

I would say not a satoshi more than you want to trade. Exchangers are not wallets and your coins kept there could be exposed to risk such as hacker attack or similar.
Besides you can't control your private key which is bad enough.
And don't use only one exchanger, that is also good security meassure. If something bad happens to one of them you will not lose all your funds.

1715508158
Hero Member
*
Offline Offline

Posts: 1715508158

View Profile Personal Message (Offline)

Ignore
1715508158
Reply with quote  #2

1715508158
Report to moderator
1715508158
Hero Member
*
Offline Offline

Posts: 1715508158

View Profile Personal Message (Offline)

Ignore
1715508158
Reply with quote  #2

1715508158
Report to moderator
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715508158
Hero Member
*
Offline Offline

Posts: 1715508158

View Profile Personal Message (Offline)

Ignore
1715508158
Reply with quote  #2

1715508158
Report to moderator
Thasins61
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
January 03, 2018, 10:25:41 AM
 #22

We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)


i keep my bitcoins only when want to make exchanges only. many exchanges sites close accounts and will lost my total income.

it is better to pay for fee more than lost it
barneystinson
Jr. Member
*
Offline Offline

Activity: 103
Merit: 1


View Profile
January 11, 2018, 09:23:22 AM
 #23

We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)

Me personally, I am keeping 50% of my total btc holding in a ledger and keep the other 50% on exchanges for trading. This is the risk management I am performing as of to date.

█████ █████  ██ MOBILINK-COIN ██  █████ █████
▬ FIRST DECENTRALIZED MOBILE SERVICE TELECOM COMPANY ▬ (https://mobilink.io/)
BitcoinSupremo
Copper Member
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 529


View Profile
January 11, 2018, 09:26:12 AM
 #24

It is never advisable to use an exchange as a bitcoin wallet and nor is to keep a large amount of bitcoin onto them no matter how trusted they may seem. Keep in mind the history, almost all exchanges have had "hacks" but I think these "hacks" have been more of an inside job rather than actual hack, anyway keep on exchanges the minimum amount you use to do trading daily, increase or decrease as you see fit, but never rely on exchanges to keep big amounts of bitcoin there.
fabianbtc
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 11, 2018, 09:34:50 AM
 #25

You should have Bitcoins for trading as well as Bitcoins for holding.

Grab yourself a wallet and divide your Bitcoins into the wallet and the exchange.

The pros of having a bit of money in an exchange are that you quickly can sell it and/or buy into a coin that you think will increase in value. This amount should never be more than you can afford to lose. I.e., putting in $1000 and dividing $700/$300 would be what I do (even though I personally trade with 100% of my capital in Bitcoin).

So find a ratio that works well. 1/10 in trading? 3/10 in trading? Your choice!

All the best,
Fabian

Bestprint
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 11, 2018, 10:15:40 AM
 #26

Keeping coins in exchange definitely is risky, but if you are doing trading, there are not much other options. Best way is after profiting, cash out the costs and keep 80-90% profit in to roll.
sabrikks
Member
**
Offline Offline

Activity: 174
Merit: 10


View Profile WWW
January 11, 2018, 10:17:56 AM
 #27

for me i keep 25% from my assets on exchanges because I am day trading but if you're not then there is no point of keeping nothing on exchanges

EVYFZ
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
January 12, 2018, 04:07:44 PM
 #28

The amount is only for trading
adjudicator
Full Member
***
Offline Offline

Activity: 281
Merit: 100



View Profile
January 12, 2018, 04:10:46 PM
 #29

We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)

Keeping a bitcoin for a trade or for future things is risky but infact, keeping it makes you get an advantages than other bitcoin users. My suggestion is keep 25 to 50 percent of your bitcoin or it can be whole or any amount you want.

DRIFE      Pre-sale: December 2018
████ BNEXGEN DECENTRALIZED RIDE HAILING PLATFORM ████
  ●●● Facebook ●● Twitter ●● Telegram ●● BTC ●● Whitepaper ●●● 
felipe04
Full Member
***
Offline Offline

Activity: 308
Merit: 100


View Profile
January 12, 2018, 04:16:17 PM
 #30

0.01 btc in all exchanger or different exchanger but atleast little by little so it's not hard to do because i do trade in mercatox and binance,i will think again where i do trading here in crypto but i will save some first.I think also doing invest here now is good for the future and i know also a people here earn 71 btc for only 0.2 in investing for 3 years and i want to be like that also,That's person make me believe to think like that and to be feel confident to do trading here now i also try investing in different platforms and everytime i earn i save it in blockchain.
tyuner4
Full Member
***
Offline Offline

Activity: 322
Merit: 179


View Profile
January 12, 2018, 04:22:15 PM
 #31

I don’t keep my coins in exchanges. When I need to trade, I will send the coin over to the exchange and immediately send to my wallet after trading. Unless the amount is really small and not worth to pay to withdrawal fee.
DonFacundo
Full Member
***
Offline Offline

Activity: 1344
Merit: 102



View Profile
January 12, 2018, 04:22:49 PM
 #32

I keep my $40 worth of bitcoin in some exchanges for trading some altcoins if in case one of exchanges down or goes scam then I don't be worry its just a small amount and I have another $40 worth of bitcoin in other exchanges so continue earning bitcoin.

davidny
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
January 12, 2018, 04:24:24 PM
 #33

We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)

I personally think you should keep in the exchange the least you can.
Its not so safe to keep your currency in exchange because its not your wallet and its not in your hand if someone hack and steel your and others money.
uszaty43
Hero Member
*****
Offline Offline

Activity: 849
Merit: 507


View Profile
January 12, 2018, 04:31:01 PM
 #34

Not more than 0.10 bitcoins, and that is a huge money if we think about that, i do not like to have money in there, in fact, it is a nightmare for me to deposit money in there, what if the exchange closes? We are going to lose our money in there.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!