Exchange or Wallet?

[emmanborromeo67]

For secure purposes its just wallet . If going to stock many tokens. Always secure your private key if you have a wallet.

[Compa]

If do you want to hodl for the long time, it will be better to store  your coin in the wallet
because you can control your coin with the private key, if exchange is you do not have the private key.

[Nakaba]

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 better to keep you coins in your own wallet because exchanger is not a place to keep your cryptocurrency. You should learn from Mt. Gox incident where the coins ofthe users  where stock in their platform and until now they didn't recover.

[JHED1221]

of cousre if your not a day trader store your coin at wallet bacause in some reason some exchanger get your coin and said that your account was hack but i dont have a proof that some exchanger do that. Its better than safe than sorry.

[Valturbo]

Personally, I try to keep my coins in my wallet. But if I need to trade, I place on the stock exchanges no more than half of my coins. Well, I use several stock exchanges, of course.

[Felimon]

It depend on you:
-If you can keep yours private key safe then holding coins at wallet would be a great idea. But you have to do wallet update, sync, convert... yourself
- If you not sure about those things, then chose a big exchange and holding coins there!

[dillpicklechips]

Simple things such as these should have not been asked! It is almost considered as a common sense really. If you use and exchange then that means you just need it for trading but if you gonna keep it then store it in you wallet.

You can't be saving your money by storing it into other people's bank account instead of yours! But in BTC you're the bank of your own.

[AfterTheFork]

 I think wallet is more convenient and secure as compared to exchange, wallet gives you access to your coins at anytime, ant the ability to control and monitor the proceedings of your investment

[nuggetbram]

I use more exchangers than wallet. well, it's because of its more practical use. well but it all depends on the user. each person has a different purpose, so using exchange or wallet I think it's the same.

[malbterxic]

  The whole question is, what do you need coins for?
I, for example, tried to translate coins on a purse and then for sale back to the exchange, but now I keep on stock exchanges
and only coins that I will not sell for two years or more are on purses.

Trade deposit only on the exchange so as not to overpay for commissions and save time.
The most important thing is to choose reliable exchange with a good reputation.

[hansbans]

Long-term investors do not trade. So there is no need to keep coins in the stock market. The wallet is safer and should be kept in your wallet. If you do make trading, keep them in exchanges and online wallets

[zaratustraa]

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

Keeping a crypto currency on the exchange is much more convenient - You do not need to create a separate wallet for each type cryptocurrency.. Many people consider this method risky. But as for me hacking exchanges - single occurrences. The main thing is to choose a good exchange, and use all the functions of security. 

[cunese]

Exchanges should be safer than local wallets, because exchanges are safer than their computers, and local wallets are more vulnerable to hackers.

[Cookie Man]

 wallets offer more security to your cryptocurrency and the ability to control what happens to them. something that exchange doesn't do very well, i believe security of our investments should be given top priority therefore wallet is preferable,

[febrian1705]

I prefer to put a wallet as long as the wallet is safe and no one knows the key.
depending on their beliefs respectively

[Jombrangs]

These both things are the ways in order to obtain a huge amount of income but it will be more convenient if you do these things both.
Having a wallet will increase the value even though you do not do nothing from it. Another in exchange you can obtain a easy money in just short period of time and it really gives a huge income.

[dhka]

Long-term investors do not trade. So there is no need to keep coins in the stock market. The wallet is safer and should be kept in your wallet. If you do make trading, keep them in exchanges and online wallets

I dont think so, even long term hodler needs to swing trade sometimes
I personally keep my coins in both wallets, small amount in exchanges for trading purposes and the rest in hardware wallet

[Ariess]

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

I think it depends on what you are doing.
if you are a trader, surely better keep in exchange because you will use it more as trading material. but if you are targeting for a long time. you better put in the wallet because it is more secure.

[samycoin]

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's up to you where you want put your coins but do you think its safe if you put in exchange because sometimes exchange is possible to hack of hackers. So I suggest use hard wallet so your coins are safe.

[moonriver]

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 have lots of fund in cryptocurrency and intend to hold for long, I'd suggest you keep them in your wallet.
Otherwise, you can keep them in some reliable exchange.