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Author Topic: Holding multiple altcoins  (Read 24739 times)
Iceblast
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June 29, 2019, 01:02:29 PM
 #1001

holding lots of altcoins is not a problem if indeed the altcoin has the potential. but I suggest holding a number of altcoins with the potential to avoid losses and risk price dumps.

Zico2004
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June 29, 2019, 04:20:11 PM
 #1002

Am really of the traditional type; don't hold all assets in one wallet. This is hinged on the fear of hack. If there is a cyber-attack, the hacker has access to all your alts and coins.
However, this Holders wallet sounds good. May I will check it out.
Speaking of alts, there's an alt I found recently and have done lots of research about the project. In my personal opinion, the project is strong. Just recently, they signed a partnership with IBM to further strengthen digital assets management system.
MPCXPLATFORM is currently running a double IEOs on OOOBTC and ProBit. XDMC price is dope. Offering at $0.06 with discount upto $0.04 per token.
romecheo
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June 29, 2019, 04:23:42 PM
 #1003

Holding multiple coin would be a good idea, but saving on a single wallet, I think, it was too risky, I am not too comfortable about that. Just like what others always do, they keeping Cryptos on multiple wallet to make it more safe.

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almiani
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June 29, 2019, 04:27:24 PM
 #1004

I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum

TheICE007
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June 29, 2019, 04:29:27 PM
 #1005

Like the saying,don't put all your eggs in one basket, that would be the reason for diversifying,splitting funds into different coins and so it would also be better to use more than one wallet.  

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June 29, 2019, 04:35:49 PM
 #1006

I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum
at this stage, it is obvious that those who kept Bitcoin won, but this may change, and altcoins will grow much stronger in %% than Bitcoin, that's just not all, of course, and it’s not clear when this will happen.

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June 29, 2019, 04:48:30 PM
 #1007

I hold back some altcoins but all are disappointing, I have not found a really good one to be stored long-term, I prefer to hold bitcoin or ethereum
It's pretty hard to find a good one altcoin outside the top for a long-term holding. It requires a lot of time and researches to find a suitable altcoin. And I also think that it's better to hold coins like BTC or Ethereum.
carrie_white
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June 29, 2019, 04:50:41 PM
 #1008

Holding multiple altcoins is a strategy that is quite common in the crypto world, and indeed it is appropriate, because crypto movement is very fast and difficult to predict, so it is safer to break it into several altcoins instead of just storing it into 1 altcoin

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June 29, 2019, 06:43:44 PM
 #1009

Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.
As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.
More safe and secure if we are not going to use only 1 wallet but we use more than 2 wallet to storw our coins and tokens and perfect for that is the Myetherwallet tried and tested for almost years and other trusted wallet we can use also.  For now I don't use offline wallet I use only right now online wallet because it is still secure depends on wallet that you use.
Online wallet actualy is already good if we can secure our account. If me, in my laptop that i use to open myetherwallet, i never download anything like files from film, image, audio or anything that can make adware, or maybe malware that can contained in it.

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rizkyfebrian213xx
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June 29, 2019, 07:12:28 PM
 #1010

I think its best option to holding some your assets on windows wallet like that , but I just worried for synchronizing wallet network.. because I always got stuck on sync wallet. I don't know what happen.
And for now , I just hold some assets like ERC20 tokens or coins on MyEtherWallet. Easier to transfer to exchanges and other wallet what we want but If we talk about security , myetherwallet is weak to got hacked. My experience use Myetherwallet is okay , feel comfortable use it.
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June 29, 2019, 07:17:57 PM
 #1011

I think its best option to holding some your assets on windows wallet like that , but I just worried for synchronizing wallet network.. because I always got stuck on sync wallet. I don't know what happen.
And for now , I just hold some assets like ERC20 tokens or coins on MyEtherWallet. Easier to transfer to exchanges and other wallet what we want but If we talk about security , myetherwallet is weak to got hacked. My experience use Myetherwallet is okay , feel comfortable use it.

if so far you are comfortable and safe using the MEW wallet, you should not say the MEW wallet has weak security and easily hacked, because the security depends on the wearer, if the wearer is always careful then keeping the private key safely will keep your wallet still secure

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SoundMoney19
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June 29, 2019, 07:27:53 PM
 #1012

The banking establishment  is beginning to become aware of the threat of crypto.

 As crypto gains more traction  as a monetary asset it is likely that there will be considerable backlash by central banks who will  coerce government to severely limit access to crypto by the likes of  retail persons. The arguments used to justify such legislation will most likly be based on bullshit  excuses such as investor protection, or the prevention of money laundering.

There are already initiatives in the US to ban crypto. Also, has expressed considerable reservations about the power of crypto to undermine central banks. To put it simply, regulators will try and destroy or severely restrict access to any crypto asset that becomes popular enough to threaten the power of major fiat currencies.  Remember, from 1933-1975 the US government banned private gold ownership to prop up the federal reserve and to establish its  monetary monopoly. The same thing will happen in the future.

Its beginning now. See below for evidence.

https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/

The EU's anti money laundering regulations 2017 require all eu based wallet providers to identify wallet holders. This is because governments want to iidentify crypto holders especially large crypto holders. The EU is implementing the legislative infrastructure for a mass seizure if the bnking establishment decide that crypto must be banned in order to protect their monetary monopoly.


There are efforts in the US to ban crypto  in order to protect the federal reserve and by extension the private banks that own the federal reserve. Once the legislation passes you expect the us to threaten sanctions against any country that does not either ban or severely limit any crypto asset that threatens the federal reserve.

A mass seizure is on the cards just like in 33.


For solutions to protect your crypto assets against the oncoming clampdown

https://bitcointalk.org/index.php?topic=5159944.new#new
Bosschibuzor
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June 30, 2019, 01:34:31 AM
 #1013

We've gotten several platforms for holding our tokens and I personally find the MPCX platform quite interesting. MPCX is actually an ecosystem combining several platforms which includes the ICO Research & Promotion platform, MPCX crypto lending platform, Custody and Wallets, Trading Solutions etc. MPCX is platform is quite comprehensive and giving a cryptocurrency enthusiast, all that could be desired in one single platform. I find this rather intriguing.
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June 30, 2019, 01:43:08 AM
 #1014

It is good to hold multiple altcoins in order to increase the chance of having one coin with high capabilities and potentials to turn out to be massive in the long run. Not all altcoins yield profit hence diversifying ones portfolio with different altcoins is a smart move in crypto investment.
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June 30, 2019, 02:10:40 AM
 #1015

We've gotten several platforms for holding our tokens and I personally find the MPCX platform quite interesting. MPCX is actually an ecosystem combining several platforms which includes the ICO Research & Promotion platform, MPCX crypto lending platform, Custody and Wallets, Trading Solutions etc. MPCX is platform is quite comprehensive and giving a cryptocurrency enthusiast, all that could be desired in one single platform. I find this rather intriguing.

I made some enquiry about the MPCX platform and to be candid, the platform is amazing and there is much more to come. I noticed there is a tokensale presently going on for MPCX at OOOBTC and PROBIT Exchange where the tokens are sold for 6 cents, but there's a promo going now giving the tokens for 4 cents with 40% discount.
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June 30, 2019, 02:39:30 AM
 #1016

...diversifying ones portfolio with different altcoins is a smart move in crypto investment.

Couldn't agree more. What is your strategy for choosing how much to invest in each particular altcoin (as a percentage of your total investment)?
numanoid
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June 30, 2019, 02:43:39 AM
 #1017

...diversifying ones portfolio with different altcoins is a smart move in crypto investment.


Couldn't agree more. What is your strategy for choosing how much to invest in each particular altcoin (as a percentage of your total investment)?
I doubt he even has investment on crypto. 99% from post on here are BS, they don't or never investing anything. Just tell people how is their opinion about someone question
Yemijoy
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June 30, 2019, 05:45:59 AM
 #1018

It is good to hold multiple altcoins in order to increase the chance of having one coin with high capabilities and potentials to turn out to be massive in the long run. Not all altcoins yield profit hence diversifying ones portfolio with different altcoins is a smart move in crypto investment.

Your opinion is very logical and I totally agree with you. Its better to consider various options before making an investment and I think it's good to consider some projects in their infancy with good potential like MPCX, a digital wealth management platform who recently secured partnership with IBM and WIZZLE lately and has other partnership with blue chip companies. I believe that this project is a great source of investment and should be considered in making an investing decision.
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June 30, 2019, 06:01:29 AM
 #1019

Once the XDMC Token becomes liquid and popular, it will be used as the internal currency for our banking services.
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June 30, 2019, 06:04:09 AM
 #1020

...diversifying ones portfolio with different altcoins is a smart move in crypto investment.


Couldn't agree more. What is your strategy for choosing how much to invest in each particular altcoin (as a percentage of your total investment)?
I doubt he even has investment on crypto. 99% from post on here are BS, they don't or never investing anything. Just tell people how is their opinion about someone question

Most persons don't invest, I concur. But saying 99% is not true. Because all the investment in cryptocurrency come from people who are aware of the industry and most people who are aware are actually in this forum. I'm calling on people who invest to take advantage of MPCX tokensale which is presently on OOOBTC and probit exchange and the token price is ridiculously low at 4 cents with a 40% discount. The project is an ecosystem for cryptocurrency investment as it has all the investment services you can ever imagine enclosed into one platform.
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