Exchange or Wallet?

[ityandsyn]

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 planned for long term holding so it is best to store your coin in your wallet but if you are planning for trading so it normal to put your coins in the trading site just to be ready for trading, The only advantage of putting your coins in the trading site is if there is a price increased then you can trade on that day.

[ashaksagnis]

Thats not good idea to store your coins on exchange. I do not do it and I will never do it because it is too big risk. I m using MEW and maybe someday i will try hardware wallet.

[CapnBDL]

Thats not good idea to store your coins on exchange. I do not do it and I will never do it because it is too big risk. I m using MEW and maybe someday i will try hardware wallet.

Use MEW is also not the most reliable option, as it is often hacked. By the way, the hardware wallet does not protect your funds either. Since phishing and DNS spoofing will not save you. There are risks everywhere. Instead, decentralized large stock exchanges would be opened. I hope Beaxy will solve this problem! 

[quandang821]

I think it's better to put your coins in an exchange because you can do whatever you want with it and you are in charge of your profits and loss. The cons is that there is a little bit of chance that you may lose your coins because exchanges can be hacked.

[applezero]

my advice is better saved in the wallet only. Why? because the new aja there is happening in the okex market is missing his coin bec in the okex market. the impact of his entire balance of bec that is stored in the market has now been lost all the many people who lost the balance bec his in the okex market

[djscreem01]

If I wanna to hold for long term. 
I to keep private keys somewhere safe.
Keeping your holdings in exchange can be big threat against your expectations regarding selling them for profit after some time

[ARss88]

if you are not trading your tokens or coins but you bought them for future investment,  I will advice you put them on a wallet where you can control or own the private key .

[anana ris]

Keep on the stock exchanges only the money that you trade, put the rest to your wallets for keeping.

[dhka]

If I wanna to hold for long term. 
I to keep private keys somewhere safe.
Keeping your holdings in exchange can be big threat against your expectations regarding selling them for profit after some time

That is the best way to do, the safest way. If you hodl for a long term then the best thing to do is storing in a safe wallet like a hardware wallet.
But I personally left some amount in exchanges, in case I want to do swing trade. But only small amount not that much

[Casalania]

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

there is no safe place even in your wallet or exchanging sites if you have accidentally provide your private keys and password to anyone.
it is safe if your coin is on wallet or exchange as long as you are the one that has the access on it.

[blackbott]

If I put more coins in the purse because I can't trust 100% on the exchanger, because if we keep all assets on the exchanger and if something occurs, as MTgox, then the asset will disappear therefore the exchanger is used only when I want to sell or buy coins as you do it.

[maiconle88]

You want to exchange it on the exchange floor, you want to keep it longer to be on the separate wallet

[vasilisc555]

I would recommend using the Metamask wallet !
It is more secure from all online wallets

[richaerich]

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

Keep your coin in your own wallet, if the price is increasing and you're ready to sell all of them, then you can sell it in the Exchange which dominate the value of the altcoin you wanna sell, so you can easily sell them in the exchange

[brave77]

If u are daily trader u need to keep your coins at exchange but if u are long term trader of course its better and more safe to keep it at your own wallet.

[chadtn]

In my personal opinion, I think it is better to have several wallets for different coins. Also this is due to the fact that your wallet can be hacked. View different wallets, both traditional and new, for example NEO and others.

[atlantik]

In my opinion, this depends on the future plan. If it's going to be held in the long run, I think being stored in the token / coin wallet would be better. But if the plan will be held in the short term, it would be better if disempan on exchange, at least this will minimize the amount of fee when transfer.

[cramcram21]

Of course it would always be better to hold your token or coin in your own wallet.
We never know what could happen in the trading site they could be shutdown or be hacked .

[dewanaga]

In my opinion, this depends on the future plan. If it's going to be held in the long run, I think being stored in the token / coin wallet would be better. But if the plan will be held in the short term, it would be better if disempan on exchange, at least this will minimize the amount of fee when transfer.

if you save some tokens or coins I recommend in the wallet only,
do not store in the exchanger because very vulnerable hacked.

[dungthuy]

i like store my coin at my wallet,if you not trade day by day,i think you should store 80% coin at your wallet,it is safer than exchange,there are many exchange hacked by hacker,we can't know this exchange has good security or not