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Author Topic: Exchange or Wallet?  (Read 8669 times)
jojohamasa
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July 12, 2018, 03:55:52 AM
 #2521

Wallet is the best for me
Because they are safer than the exchanges
A condition that you keeps your key in a safe place
MrKubeem
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July 12, 2018, 03:57:39 AM
 #2522

I prefer to keep all my coins in exchange but not in 1 exchange, at the moment i used 7 different exchange just want to be more safe, because keep all money in 1 exchange is risky, and by keep in different exchange i can trade it for day trading or swing trading in efisien. Although keep in exchange more risky than in wallet but my purpose to get profit from trading.
Ruicosta.ac
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July 12, 2018, 04:02:34 AM
 #2523

I usually let the coin determine the long-term hold on the wallet and the coin I intend to trade will be on the exchange.
Ian Dave
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July 12, 2018, 04:07:10 AM
 #2524

We have different strategies in our token. You should choose the big advantage that you can get a high profit in the future. Some people keep their coins in an exchange so that they can sell it easily.
DogmaF10
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July 12, 2018, 04:13:06 AM
 #2525

It always depends on what you wanna do with your coins, when you want to sell it i think its better to keep it in exchangers to avoid any wasting of gwei in order to deposit it.  But when you want to HODL it, wallet is the best vault to keep our coins as long as we didnot lose the private keys
Gabus
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July 12, 2018, 05:42:21 AM
 #2526

If you prefer to trade  actively , so it does mean to make transactions  every hour or even minute , is more convenient for you to keep your  means on exchanges, because the rates  are not static, and you don't need your computer  to go to your wallet, you can do it with any device with internet access. But in this case you need to  allocate funds to several exchanges, to lower the risks.
angelomoraaaa
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July 12, 2018, 06:10:34 AM
 #2527

You better keep your coins in your wallet. Once the exchanging stage is hacked, say farewell to your most loved coins. Despite the fact that your coin in return is very gainful as well, suppose the cost of the coin all of a sudden ascents, you can without much of a stretch trade it. By sparing it in your wallet. A few trades have their own highlights that can enable you to gain various points of interest, for example, obtaining in an example. Be that as it may, clutching the trade dependably has a little hazard.
azzag0000
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July 12, 2018, 06:37:15 AM
 #2528

I think Better to keep your coins in the wallet, but It depends on you is a long-term investment or short. If you are a long-term investor, I suggest you should keep all the coins you buy in your wallet, this will be safer than. But if you are a trader, of course you have to save your coins instead, this will help you save on deposits and withdrawals.
Freezingel
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July 12, 2018, 06:43:33 AM
 #2529

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 definitely better to keep them in their own official wallet but you have to make sure that your computer is clean. There's a lot of news about exchanges that got hacked so it's not recommended to store a lot of money there long term, you should withdraw the money if you are done trading or you just want to hold the coin.

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foreverlearningsure2004
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July 12, 2018, 12:22:46 PM
 #2530

For me i would put my trust in walet. It is not that i dont trust exchange wallet. Im just avoiding case like exchanges being hacked.  That incident is very common nowadays. And im not risking my chances
roller24
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July 12, 2018, 09:05:03 PM
 #2531

I keep most of my money in my wallet (several wallets). But about 25% of my capabality is stored on the exchange. Thus, it is convenient for me to store and work with cryptocurrency.
TerrorFromTheDeep
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July 12, 2018, 09:08:32 PM
 #2532

Don't use exchanges for suffucient amounts of crypto or you can lost this crypto. Exchange could be closed or hacked or scammed. It could be problems with regulators etc. All crypto out of your wallet it is not your crypto.
V. J. Meyer
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July 12, 2018, 09:10:06 PM
 #2533

I think Better to keep your coins in the wallet, but It depends on you is a long-term investment or short. If you are a long-term investor, I suggest you should keep all the coins you buy in your wallet, this will be safer than. But if you are a trader, of course you have to save your coins instead, this will help you save on deposits and withdrawals.
If you do not carry out regular transactions and only want to store coins, then surely hardware is the best choice today to secure the assets of investors. Have a way to protect your assets and not let hackers have the chance.
mightname
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July 13, 2018, 12:54:40 PM
 #2534

It joint on on you are farsighted style or miniature yard-dog administration. If you are a farsighted style investor i post you should accumulate each yard-dog which you purchase in your wallet, this will safer than.
Bas01
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July 13, 2018, 07:34:02 PM
 #2535

As for me, it is best of all a physical wallet such as TRESOR or Ledger Nano S as they represent the highest degree of security for bitcoins or other cryptocurrency.  Wink
pisston
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July 13, 2018, 07:42:21 PM
 #2536

in any case, I would not trust all my funds to the stock exchange in full, because there are always negative reviews about different resources, so it's better to save your coins on a wallet. It is best to have a hardware wallet wallet.
Crypt0BHunter
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July 13, 2018, 07:42:39 PM
 #2537

If you are considering to hold you investments for a long-term, then you should choose the wallet, and better that would be a hardwallet, Ledger hardwallet supports all popular cryptocurrencies.

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Catmurs
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July 13, 2018, 07:44:06 PM
 #2538

well, I have divided the tools into 4 pieces and stored at 2 different wallets and 2 on the major exchanges.

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Xexath
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July 13, 2018, 07:48:45 PM
 #2539

If you have a large amount of coin i suggest to you putting your coin in a hardware wallet like ledger nano S.You can put a small amount of coin in your exchange because sometime exchange will get hacked.It is to risky to put a large amount of money in exchange.
Renampun
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July 13, 2018, 07:51:27 PM
 #2540

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
 * advantages & disadvantages of storing in the Exchange wallet...
- the kind of coins we can save more
- transaction costs become cheaper
- if exposed to Hack attacks, then our coins will be lost (depending on the exchange)
  * advantages & disadvantages of storing in Wallet...
- we become more calm from Hacker attacks and all security depends on our way
- we must incur extra costs because the coins must be sent first to the exchanger before we exchange
- coins that we can collect only 1 type (depending on the type of wallet)
please CMIIW  Wink



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