Exchange or Wallet?

[fathur01]

I think that of course it is better to open coin purses, it is much safer. But if you're trading on the stock exchange, then you have to keep the money on the stock Exchange.

[Temik2704]

I follow the next tactic: HOLD all your tokens/coins on wallet (it will be much better if you have cold wallet). When time for fixing your profit come - then transfer needed amount of coins/tokens to exchange. I dont recommend to HOLD your crypto on exchanges without any special need.

[Flora Gary]

I choose wallet. The crytocurrency increases value day by day and exchange is too lack of security to hold coins. You should use hard wallet to secure your coins.

[Kathie Scott]

Personally, to make a right choice you should based on what do you want when using exchange or wallet. In my point of view, if you trade you should use exchange, or if you invest for mid or long term you should use wallet.

[Tondya]

It depends on your goals, if you want to trade sometimes with your coins,  of course, it would be better for you to keep it on an exchange. If you're going to hold it for a long time - then download wallets for each coin an keep it there.

[shirley noah]

I choose wallet. The crytocurrency increases value day by day and exchange is too lack of security to hold coins. You should use hard wallet to secure your coins.

I agree with you. It had better using wallet to hold coins even though you want to trade or invest for long term.

[dany henry]

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

[elbimbo012]

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

As what other reply here said, it depends on your investment strategy if it is for long term better to create personal wallet forcyour coin for more security purposes but if you are doing short trade exchange wallet would be fine to avoid extra fee  when transferring your coin  from private wallet to exchsnge wallet.

[drippx]

 personal  Wallet is safer than Exchange. but not all wallets are completely safe, as long as security measures have been applied to those wallet in exchange.traded with the exchange with 2fa.

[sherenikaw]

it depends on how we manage our finances,
but remember that storing them in exchangers has a lot of risk because of the higher chances of getting a shutdown or scam, so better keep them in the wallet.

[Pierre 2]

I %100 prefer easy secure wallets to exchanges. If your wallet is stolen its all your fault. If your exchange wallet is stolen it might be exchange's fault, so its dangerous to hold there.

[alexzorgo]

It all depends on the amount that you plan to distribute between exchanges and wallets.
If the amount is small, within 3K-5K dollars, then it will be enough only for the initial trading turnover at 2-10 leading exchanges. You will not even need and meaning of withdrawal and depo of your accounts on exchanges. This amount is minimal, it all depends on your strategies and trading methods. This rule is valid if you trade on exchanges all the time.
If you just invest long-term, there is one answer: hardware wallets or software wallets with the ability to export private keys

[petir.bay]

For me, its difficult to tell which is better but the only answer to that question is that it depends on the token you have that will make you decide if you are to exchange it or keep in your wallet

[Locilosssa]

I don't think you should worry about the safety of your funds if you hold them on top exchanges like Bitfinex or Bittrex.

[martina14]

BOTH OF THEM ARE GREAT!!!!

exchange! i will prefer to have my tokens / coins on that if i am doing a short term tradings! day trade or some cool trades!!

wallets! if i would love to hold my tokens longer. some might take over a year!

both of them are rreally good!

[ZENC]

If your goal is trade, holding the stock market is not a problem.
If your goal is hodl, you should definitely use wallet in the long time.

[air_droper]

if you are going to trade it is better to keep the coins on the exchange. if you want to hold it is better to use the wallet. and if you have a very large amount it is better to use a hardware wallet. so you will be protected from theft. online wallet or exchange can be hacked by hackers, and on the hardware wallet coins will be safe.

[Victorias]

I keep all the coins in a cold purse such as Ledger and Trezor. Only for sale, I bring coins to the stock exchange and then back to the wallet. I'm not a trader, I'm a long term investor.

[seggardinggins]

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 both are good and safe it's just that I prefer wallet because all control is on me and I do not need to spend money for it because I wear myetherwallet even though there are many cases of hacking wallet but I still want to use my wallet but maybe one day I will use the exchange too

[RadikGG]

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

Wallet for sure,and better if it is cold storage, forget about mew, it is very east to be hacked if you enter to your wallet trough their site, if you  using online wallet then only metamask!