Exchange or Wallet?

[nadbucs]

If you are planning to keep your coin for long term it is better to keep it in your wallet. But i think it is not advisable to keep it in a single wallet alone for security reasons.
If you are planning to trade a coin in a short period of time it is better to keep it ready in exchange so that when the value suddenly pump you don't need to wait for the transfer period from wallet to exchange.

[darth_cryptorider]

I prefer use cold wallet. You can choose between trezor or ledger nano. I have a bad story with exchanges wallets, often lose coins

[VB32Bit]

I've been using multiple exchange wallets but I have a nano that I'm going to setup.

[friday99]

I think it's better to use a wallet as this can make it safer on the altcoin we already have. such is the reason for providing security.

[btccrusher]

If you want to hodl for a long time then definitely you should go for wallets. But if you are ready to trade then exchanges are good to go. I prefer multi-coin wallet instead of many wallets.
Why wallet? - It's secured. Also, some coin gives you stakes for Hodling in the wallet.
Why not exchanges? - As it's running over the internet, it can hack, damage or something evil. So your coin may be at risk.
I use exchanges when I'm ready to trade within three months at least, otherwise, I keep it in the wallet.

[ovcijisir]

I prefer use cold wallet. You can choose between trezor or ledger nano. I have a bad story with exchanges wallets, often lose coins

Yes there is a risk in holding your cryptocurrencies on exchange, but hardware wallets can be quite costly and not all can afford it. I haven't had any bad experiences with exchanges so far, but that's probably because I have only small amounts of money there.

[Cryptonimous]

i really prefer exchange because it can guarantee our money for being lose or stolen, and it also give coin from hardfolk so your money will safe and make some profit of hardfolk

[honestinvestor]

I will say that the wallet is relatively safe. But, often practical exchange. Impatience and need force to exchange the crypt.

[ptolimeus]

i really prefer exchange because it can guarantee our money for being lose or stolen, and it also give coin from hardfolk so your money will safe and make some profit of hardfolk

Crypto exchanges are not always safe, if hackers steal a very large amount, then the exchange may not have enough reserves to pay off all users who lost money. This situation has already happened in the past. That's why I prefer to keep my coins in my wallets.

[Tanya12356]

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

It is best to keep coins on cold wallets. Because any exchange can scam.

[reda]

I will say that the wallet is relatively safe. But, often practical exchange. Impatience and need force to exchange the crypt.

Don't exchange the coin. If exchange before check the price.  Then you get more ideas for buy and sell the coin. So you hold the coin in the wallet. It safe. If need to any issue to use then you sell on time. It any time to sell the coin. So wait for the price increases then sell it. It reach the all country. So  any country to use. It future currency so hold it.  

[scrototeabaggins]

Exchange is good but Wallet is more safe as Exchange. wallet with private key for coins that you dedicate hold for long term investment. not all of the wallets are fully secure too. Every time you be careful.

[clarkey2013]

All have risks to keep, the best is ledger, mew is very nice wallet if you don't catch fishing site, also exchange is good if don't have problems, better hold and don't open throw private key

[Valermos]

I think wallet is a more safer tool than exchange, but exchange sometimes is faster and easier for me. So I think the good way is to follow both.

[Yana_1]

It depends on your goals and terms of storage. If a small amount of time, it can and can be held on the stock exchange, and if you decide to long-term - it is better to install a desktop wallet or use online version. On stock exchanges, it is better not to store for a long time - they can exclude a coin from the list of traded ones or the exchange will be hacked, then you will simply lose your funds.

[mercer007]

somehow, I feel safer to keep the assets I have on the exchangers, and I can also sell them any time when there is an urgent need. but it all depends on you. 

[Olga1111]

Well, that depends on what you want to do. If you want to trade, then obviously the exchange. If you want to hold on, then the wallet is best as you are in full control of your assets .

[pergola]

somehow, I feel safer to keep the assets I have on the exchangers, and I can also sell them any time when there is an urgent need. but it all depends on you. 

Advantages of your method only in that you do not need to pay a commission for withdrawal from the stock exchange in your wallet, this is the end of the pluses. Keep coins in your wallet more securely, exchanges are constantly hacking. Translate coins to the exchange for buying or selling does not take much time, so personal wallet is more convenient than the exchange.

[seggardinggins]

somehow, I feel safer to keep the assets I have on the exchangers, and I can also sell them any time when there is an urgent need. but it all depends on you. 

If I am just the opposite I feel hesitant to keep my assets there especially if the numbers are large and I prefer the wallet because all the controls are on us and it's completely safe

[boltz]

Always personal wallet mate , because there you know for sure that you control your coins. Exchanges are too risky right now but sure you can have there too also for trading or just holding a few of them is ok.