Exchange or Wallet?

[Dandyhunter]

Now it is very dangerous to keep your money on the exchange. After all, the exchange can break and take your money. I think it's safer to keep capital on hardware wallets.

[Santri]

keep a coin in the market is very high risk ,, I a few weeks ago bought a coin in HITBTC and within a day all the coins I bought disappeared ,, I do not know what happened, when I check the history there is no transaction there, I was also surprised where do I have coins ,, for that I suggest you to keep the coins you have in your personal wallet

[RESPONSIBLE_]

If there is good wallet for the coin/token - of course wallet. But sometimes the coin wallet is a piece of shit with many technical flaws, so in this case use few  exchanges.

[LeetPoolsOP]

Exchange is not the most reliable way to keep your crypto currency. best suited local wallet: it does not require the installation of special software. There are many varieties of local wallets, it all depends on how long and what currency you use. I adhere to the most reliable, in my opinion, the option - is Tresor's purse or Ledger Nano S

[VALENTEAN]

Ofcourse it is safe to store coins to a walllet than to exchange sites because wallets are more secured than exchange sitess. because there are cases that exchange sites are getting hacked and compromised that may result to the loss of many tokens. This is why it is better to use wallets

[Magiklair]

I have heard from my friends that wallets are more reliable. I think that it is better to hold coins in a hard wallet instead of exchanges because it is more risky. However, everything depends on the wallet and exchange

[Hamphser]

If there is good wallet for the coin/token - of course wallet. But sometimes the coin wallet is a piece of shit with many technical flaws, so in this case use few  exchanges.

You are just basically pertaining into some altcoins in the market which do have correponding wallet. I do only prefer or make use of erc20 rather than on new ones or depending on the platform being used up.

If you do not know how to trade and only want to hold a personal wallet is the way to go for sure! I myself got me a ledger that I am using for my long term holds.

For long term holds theres no other good way to store up tokens but would really be on a hardware one rather than on using up exchangers. If you dont like to experience hassle and problems and risk then better avoid those exchanges.

[Crytptomeniac]

Wallets definitely, this is the only way you have total control of your coins and can be able to do whatever you want with the coins,, transact at your will and encrypt it to your own liking. This means that you  can chose whatever wallet you want, Web based wallets or hardware wallets. Of which id prefer id highly recommend hardware wallets due to the security they offer to your coins, we have heard it now and again how vulnerable to hacks exchange wallets are

[sieunhangao19]

Depending on the amount of storage if you wanna keep  more than 1k-2k USD, I recommend using wallet hardware, because it is safer
while if under 1k USD you can use a wallet exchanger or personal wallet, both are the same

[cryptb]

It all depends on how many coins you have. I prefer to store small amounts on the exchange, because it is not easy to manage a large number of wallets. But if you invested in one crypto currency, it is better to keep it in your wallet.

[zero9119]

In my opinion, what I really wanted to use are wallets and not exchanges. After Mt. Gox and all those other hacks that happened before I am really not sure if I am going to trust those exchanges again. Security is maybe an illusion as long as they cannot guarantee that they would be able to make their websites secure. Also cold wallets are the most secure of them all so, it is really a no brainer which is the best.

It depends on the purpose of the investor to determine the proper way to store the coins. If you are a trader, make sure that keeping your coin on the exchange is convenient, but if you do not have a commercial need and only want to hold some coins in the long run, Wallet hardware is the best choice.

[LowBrain]

According to downtrend on the whole market, i withdraw all tokens to the wallet. I think it's not good time for beginners in trading, and i'll save my deposit.

[snowfu199]

We have to agree that wallet is safer, but it is not convenient for frequent traders.
I kept most of my coins in wallet, but a small portion in exchanges. Of course only the reliable exchanges.

[Transformbitz]

I prefer wallet than any exchange, coz it's safe to store token and some ERC-20 token. What I love about Cold wallet is it's truly decentralized and no one will compromise your wallet except you. However there are some incident that they lose there cold wallet you should keep the private key safe so the next time you'll access your wallet you have the private key.

[digiadven]

If you are not going to trade them soon then its better to save them in your cold wallet. Because its risky to save them in exchanges, anything could happen and better to prevent.

[koralan]

In my opinion, the market at this time is not ideal for transactions. I would choose the solution is put all my money into my wallet. Keep them in the safest way to wait. In the near future, the market will be stable and the price of cash will rise. At this time, my money will give good profit when I exchange.

[hung.pham100]

Open wallet for every coin and its not even close man. The only way I wouldn't open a wallet if it was a web wallet and that was the only option. Because in the past I have had massive troubles with web wallets, and I veer away from them now.

[Hudora]

I use both because it is most convenient for me. it seems to me that it is better to do everything because to trust only one resource is too wrong and risky

[sebastianweyer655@gmail.c]

Obviously much safer to store in your own wallet, offline wallets are best if you're holding long term.

[HalseyBert]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

If you want to invest for the long term, so I prefer you to have to use the wallet because it is the best option to secure the coins and the private key for the scamers.