Don't hold your coin on exchange for long time.

[kolfedinew]

People told me to try, I’ll try too

[1715506962]

1715506962

[crypki21]

Yepp, I agree. It is better to hold your coins in wallets or on hardware. OK, it has some gas fees to send them from one place to another, but still better than an exchange being hacked or crashes for some reason and you run after your money.

[casternetwork]

I always hold my coins in my MEW wallet because there are lots of exchanges that have been hacked by hackers. Tokens are stolen will affect the price of the market and investors. so we should not hold our coins on an exchange

[Mikado$]

I always hold my coins in my MEW wallet because there are lots of exchanges that have been hacked by hackers. Tokens are stolen will affect the price of the market and investors. so we should not hold our coins on an exchange

I choose the opposite direction. I choose the exchange floor to hold the long-term coin because some more active security settings. MEW was previously insecure with hacker attacks on google DNS. That always makes me nervous. And it's no coincidence that METAmask has a recent warning.

[bitcolic]

sure its risky but binance is secure, and if anything happen they will compensate it

[East2011]

I do not hold my coins in an exchange for a long time. Simply because i am afraid that the exchange will be hacked and my coins will lost.

[HSRP]

Yepp, I agree. It is better to hold your coins in wallets or on hardware. OK, it has some gas fees to send them from one place to another, but still better than an exchange being hacked or crashes for some reason and you run after your money.

Keeping long-term coin on trading floors is quite risky if you are not a regular trader doing transactions, keeping coins on your hardware wallet is the safest way. Keeping a coin on your wallet is like having someone else keep your money and that is not safe.

[atetess]

True,  it is much better to keep  your coins in your wallet and not in trading sites but if you are a professional trader and hold your coin for long and you really keep your investment and have lots of time to check it then it is fine.

[CryptoCoinArbitrage]

On exchanges hold only the coins you are intending to trade with actively as many exchanges are hacked nowadays.
Decentralised exchanges are not an exception. Make sure  2FA is  enabled on the exchange you use  and  the recovery for 2FA is  stored safely.

[backspace jejel]

you are right, holding coin on the exchange is something careless, a lot of coins are lost for no reason in exchange, it is safer we hold our coin in the wallet, other than that holding it on the exchange is also dangerous because if exchange hacked then everything will be lost from your hand

[Koro-Sensei]

If you hold altcoins they sure to lose value over time also tokens too unless they have a good running team that can manage it all the way through then it could probably last for at least a year or two. Don't hold coins other than BTC cause it won't endure it for the very least. For coin trends I prefer to handle them for months no longer than 6-12 months.

[Sheentaide]

holding your coin on a exchanger is simply quality as long as the market may be very reliable, you may always look at the history of the exchanger if there's an difficulty earlier than or ask a reliable person on what exchanger is the exceptional market to location your coins.

[tanzaholzmann]

Thanks
Your opinion is useful..

Hmm maybe never found any exchange safe,
i hope next future will add any exchange 100% safe

[stepwilli]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

I strongly believe that you should not invest long term at this point, you can see that bitcoin prices are constantly fluctuating and difficult to guess, the market is bearish in the long term, because So we can only know the bitcoin price will decrease but can not know exactly at what time. So if you keep long term coin it will be very dangerous and very risky if the bitcoin price drops sharply.

It may be helpful to act accordingly but do not fall in complications and just follow the basics of market which will keep you alive and you will be able to survive in the market. without this one can not survive and will need to leave with loss because he do not know how to handle things then how can he face with situations and making decision is not an easy thing to perform it needs your best knowledge.

[abas_ir]

holding your coin on a exchanger is simply quality as long as the market may be very reliable, you may always look at the history of the exchanger if there's an difficulty earlier than or ask a reliable person on what exchanger is the exceptional market to location your coins.

it is risky now, if we hold our asset on exchange.if we do this activate 2ndfa is must to make our account security safer.choose exchange that have good reputation with small case about hacking in their exchange.

[KeijiN]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

It seems wise because I have heard few times about the attack on the exchange wallets and even about the hack on some of those.  So I usually just withdraw all of my tokens from the exchange right after I have done the mandatory things with them.

[GeckoTrader]

I would recommend to only put coins or token in exchange when trading it or better store it to your trusted hard wallet like trezor and nano s ledger for more safety. It is very risky if you just store your coins in exchange because as you can see many exchanges have been hacked already and I am sure that a lot more exchanges will be hacked in the near future.

[malikusama]

This topic has been discussed many times on this forum and in fact everybody is now aware of it that holding coins on exchanges for long time is quite unsafe. We have also experienced several incidents in the past regarding the hacking of exchanges like Mt. Gox.

[Gheka]

This topic has been discussed many times on this forum and in fact everybody is now aware of it that holding coins on exchanges for long time is quite unsafe. We have also experienced several incidents in the past regarding the hacking of exchanges like Mt. Gox.

I think in the past, people will really think that holding the coin on the exchange for a long time will face a lot of danger when in that moment, hackers repeatedly attack the exchange, the damage is enormous. However at present, even though the holdings still exist certain dangers but people still choose to hold the coin on the exchange because they have gradually believed in the exchange, the exchanges have perfected security after attacks, we do not need to worry too much, minimize wasted time when we no longer need to transfer assets from wallet to exchange

[Panpan66L]

It is fair enough I think,  I can agree on that while I am withdrawing my funds from Exchange right after the transaction I made. Because I consider my wallet as more trustworthy than exchange wallet, even on Binance