Bitcoin Forum
April 27, 2024, 02:03:23 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to hold the top 20 coins properly?  (Read 89 times)
avenik (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 06, 2018, 10:19:41 PM
 #1

Hello All

I Haven´t found a proper answer searching, so I´m asking here.
Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:

Bitcoin
Ripple
Ethereum
Bitcoin Cash
Cardano
Litecoin
NEM
Stellar
TRON
IOTA
Dash
Monero
EOS
NEO
Qtum
Bitcoin Gold
RaiBlocks
Ethereum Classic
Lisk
Siacoin

Objective: We want to store them securely and keep updating the list as soon as one enter/leaves the top 20 rank.


I´m new to this and can be wrong, but for what I read:
- we can´t store them on exchanges as it is not safe
- we can´t store them all on paper wallets as some of them are not supported
- we can´t store them all on hardware wallets as some of them are not supported
- we can´t store them on each in each currency´s wallet as most of them doesn´t have a wallet


How would you experienced people solve this? What do you recommend?
1714183403
Hero Member
*
Offline Offline

Posts: 1714183403

View Profile Personal Message (Offline)

Ignore
1714183403
Reply with quote  #2

1714183403
Report to moderator
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714183403
Hero Member
*
Offline Offline

Posts: 1714183403

View Profile Personal Message (Offline)

Ignore
1714183403
Reply with quote  #2

1714183403
Report to moderator
1714183403
Hero Member
*
Offline Offline

Posts: 1714183403

View Profile Personal Message (Offline)

Ignore
1714183403
Reply with quote  #2

1714183403
Report to moderator
Hadrop.Boyle
Member
**
Offline Offline

Activity: 291
Merit: 19


View Profile
January 06, 2018, 10:37:18 PM
 #2

Welcome,

First of all, I would not only look at the marketcap, because there are so many other factors who indicates a successful coin.
Check the marketcap 20 list 6 month ago. And please check different marketcap sources(webpages) some are not so correct calculated.


To your question, I store every coin in the safest way possible. This means a lot of effort and organization. but depending on your investing sum you have to do that.
Or you use only the coins in top20 which are supported by a hardware wallet.


Wanne get 10% of Cointracking? https://cointracking.info/?ref=M138678
Wanne join Binance Exchange? https://www.binance.com/?ref=11326731
Wanne join Kucoin with Bonus? https://www.kucoin.com/#/?r=7QHt5a
gerka
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
January 06, 2018, 11:24:21 PM
 #3

xpaнитe кaждyю мoнeтy нa cвoeм кoшeлькe, xpaнить нa биpжe мoжнo нo тoлькo нa тoпoвыx биpжax.
HeRetiK
Legendary
*
Offline Offline

Activity: 2912
Merit: 2084


Cashback 15%


View Profile
January 07, 2018, 12:11:46 AM
 #4

You'll likely have to rely on a mix of 1) a hardware wallet with broad alt support and 2) desktop and web wallets, depending on what is available. Be extra careful when it comes to desktop wallets, as for some alts there's malware out there that tries to sell itself as an official wallet.

Paper wallets would be the most secure option beside a hardware wallet of course, but given the general lack of support and you likely having to shift around a lot, it's up to you decide whether they are worth the effort.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Velkro
Legendary
*
Offline Offline

Activity: 2296
Merit: 1014



View Profile
January 07, 2018, 12:29:44 AM
 #5

I Haven´t found a proper answer searching, so I´m asking here.
Say we want to buy and hold a bit of the top 20 coins by marketcap.
Here is the current list:

Bitcoin
Ripple
This proves you have no idea what you are doing. You want in same time invest in trully revolutionary technology, decentralized world first cryptocurrency Bitcoin and also invest in centralised, without limited supply sz*tcoin.

You should revise ur idea/priorities first, research more, then plan smth.
Holding one coin is security challenge, holding so many, is a recipy for disaster.
avenik (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 07, 2018, 01:24:37 AM
Last edit: January 07, 2018, 05:21:23 AM by avenik
 #6

.
Pages: [1]
  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!