Holding multiple altcoins

[eann014]

Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet?

Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea?

I just have one wallet in my altcoins, and I also have 1 wallet for my bitcoin. So I will not be confused with multiple wallets. I want to just store my coins in one wallet because there is also a time that I am forgetting the password so I preferred to use one wallet.

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[Perie200]

The greater the number of different tokens we hold on our wallets, the more chances for success. The market is unpredictable and it's not bad. I saw the growth of simple coins thousands of times and I believe that I will see it in my portfolio.

[Lilianaser]

Yes, of course this is good to do, by holding a number of altcoins, the results will be even more for the future, but the altcoin that you hold must be an altcoin that has good prospects to be invested in the future, don't let you choose wrong

[incomefromcoins]

Holding multiple altcoins we can diversify our risk and gain profit as well in the next bull run at the same time of holding altcoins we should nt hold some coins which has no value by doing so we will end up in loss

[icecube45]

I also agree with you, I also prefer to store in a multi wallet. I think it's better because it's safer. So if one wallet is hacked we still have another wallet, this is just to avoid something like that. I also usually in one wallet only holds 2 or 3 coins and other coins I hold in the other wallet. I am afraid that if I hold a few coins in only one wallet, this is more risky. Seeing crypto is still very risky so in my opinion it is very necessary to do this.

[Wong Gendheng]

Market conditions that are still red until now certainly make us have to be creative, if holding one or two coins is certainly more risky and holding multiple coins can make us avoid losses because coin performance is sometimes good despite market red conditions.

[maemunah]

Market conditions that are still red until now certainly make us have to be creative, if holding one or two coins is certainly more risky and holding multiple coins can make us avoid losses because coin performance is sometimes good despite market red conditions.

because we hold a number of coins with high potential, it is our chance to become rich, because later the market will definitely experience the price of each coin

[Felic43]

Yes i hold many ALTCOIN and am cool with it because i knew when the price rise i will make high profit selling those coins

[panjay]

if it's an ERC-20 token type, i just used a few wallets to store my token. Well the other ussually i used the "native" wallets coin of the said alts, most the time it's just a light wallet or even an web wallet

[faceoff97]

Have you tried the HODLER wallet? They will also launch their own hardware wallet this 2019, they now have windows and android verSion of the wallet which is the only fully open source multiwallet available. It also supports ERC20 token. So far, I found it good and it really offers good features and security, give it a try.

Quite interesting. Especially if the wallet can support various types of tokens. The bounty project with erc 20 based tokens, usually recommends using an eth address, so I use mew more often. While for tokens with different bases I have to use a separate wallet too. So I think it will be very effective if the Hodler really works and is acceptable.

Really interesting, the is working really great on the development of the wallet. It is a new wallet but gaining trust from the community. They will be featured in Bitcoin.org and other trusted sites. The community is growing and I believe that their project will be big. You can check out their website and telegram channel, more info are available there.

[rafi035]

to hold a number of altcoins I think it's up to you and the investor itself because confidence is the main capital in investment with the patience needed

[Opnsrc]

I believe the coins to be divided and stored on different wallets. In my opinion, anything that is convenient puts us, our data, coins in danger. So try to put to store coin on official wallets, if such there are. In addition, if you have, for example, 20 ETH, I advise you to also separate them and store them at different addresses.

Yes, it can be safer. Although the danger that your wallet can be hacked is not as great as some people think, it exists. Additionally, try to work with many altcoins, tokens from top-20 and the new ones as well.

[Wend]

Ill have some different kinds of altcoins now and some of them are in different wallets.
And ill prefer to save them into ERC20 because this wallet was safe, than to other wallet but we need to be careful always because they have some name of it maybe if we open it some of our altcoins will be gone.

[abake]

70% of my portfolio is made of altcoins while 30% is bitcoin. Please when holding altcoins for long term, be very sure the team is great and also there is a product or atleast an MVP. Do not hold blindly because people are holding or because one pump group gave a signal that you will get profits, you might get cut up in a pump and dump scenario.

[globalking]

I too like to hold multiple coins which have a real purpose in that case I may have a chance to increase my bitcoin and Ethereum.

[sieemma]

I do not want to risk my hard earned money so I have divided them into as much as parts as possible to prevent me from losing all my money in case a hacker gets access to my private keys. For erc20 tokens, I prefer metamask when doing a transaction.

[Neo.op]

You have to follow up on projects that aren't Crooked..Or you lose all your money.The price of Ethereum is very low right now.Maybe the most logical thing is to take some Ethernet.Also, many new projects are coming.You should follow them.

[faceoff97]

70% of my portfolio is made of altcoins while 30% is bitcoin. Please when holding altcoins for long term, be very sure the team is great and also there is a product or atleast an MVP. Do not hold blindly because people are holding or because one pump group gave a signal that you will get profits, you might get cut up in a pump and dump scenario.

We almost the same allocation of funds. I believe that most of the coins I am holding has great potential. I make sure that I hold them in a secure wallet,I don't want to risk any amount by giving in to any third party. I make sure that I have full control of my funds which gives me assurance that It is safe and secure. So far I found hodler wallet as good performing wallet.

[Golstrim]

Holding multiple altcoins isn't too easy. I don't want to watch on 10+ alts. It is much better to hold lower amount of altcoins, it allows you to manage your funds

[JCviggen]

You have to follow up on projects that aren't Crooked..Or you lose all your money.The price of Ethereum is very low right now.Maybe the most logical thing is to take some Ethernet.Also, many new projects are coming.You should follow them.

Now is a good time to buy coins at the stage of closed sales. when the market turns around these coins will be listed on the exchange and will bring you huge profit