Holding multiple altcoins

[Forbiddenone]

It is entirely dependent on you as many would not go for multiwallet for various reasons but I personally feel single multi wallet decrease the burden of having various wallet ,but it should be high secure as if you loose it you will loose all your funds.hardware wallet is the first choice for multiwallet.

[dawai asmara]

It is entirely dependent on you as many would not go for multiwallet for various reasons but I personally feel single multi wallet decrease the burden of having various wallet ,but it should be high secure as if you loose it you will loose all your funds.hardware wallet is the first choice for multiwallet.

Hardware is the safest wallet in my opinion so it is very appropriate to use it for a single wallet and multi wallet.
but the disadvantage of the hardware wallet is that the price is quite expensive even though the quality is comparable, but most people are still comfortable using an online wallet because there are many people who still don't feel disappointed or hacked while using an online wallet.

[dawai asmara]

It is entirely dependent on you as many would not go for multiwallet for various reasons but I personally feel single multi wallet decrease the burden of having various wallet ,but it should be high secure as if you loose it you will loose all your funds.hardware wallet is the first choice for multiwallet.

Hardware is the safest wallet in my opinion so it is very appropriate to use it for a single wallet and multi wallet.
but the disadvantage of the hardware wallet is that the price is quite expensive even though the quality is comparable, but most people are still comfortable using an online wallet because there are many people who still don't feel disappointed or hacked while using an online wallet.

[jimmymagz_071988]

Multiple wallet is good idea in token hodlers its because if someone want to scammed or hacked the wallet own not all will be gone as you have separate wallets. So doing multiple wallets is a great strategy to secure your token from hackers.

[aji567]

I am a person who likes multiwallet because for more secure security. I also hold a lot of altcoins. I think it's a good idea to have lots of wallets to anticipate hackers.

[Uju4real]

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?

Keeping all my altcoins in a single wallet is a risk I have learnt never to try again. Multiple wallet as it will help secure your tokens and if paraventure there is a scam you won't loose all

[yslyv]

i prefer to hold each altcoin on its own official wallet.and for the ones that erc20, i prefer to use myetherwallet. i have been using it for so long time without any trouble. more or less trustable for me.

[wxganz]

I like your idea because it's very difficult to keep track of all your coins. But this method is not suitable for holders of 2-5 types of coins. As it is easier to use MEW and not to download this software.

[spngebob]

Keep coins separately in their wallets unless you are sure that place where you are holding all your funds is one hundred percent safe.

I like your idea because it's very difficult to keep track of all your coins. But this method is not suitable for holders of 2-5 types of coins. As it is easier to use MEW and not to download this software.

MEW is for ethereum and erc tokens and logically you will use ethereum wallet to store erc tokens. If you hold many tokens with larger value spread it trough different wallets.

[panganib999]

Keep coins separately in their wallets unless you are sure that place where you are holding all your funds one hundred percent safe.

I like your idea because it's very difficult to keep track of all your coins. But this method is not suitable for holders of 2-5 types of coins. As it is easier to use MEW and not to download this software.

MEW is for ethereum and erc tokens and logically you will use ethereum wallet to store erc tokens. If you hold many tokens with larger value spread it trough different wallets.

As for me i store my coins on 1 to 2 MEW only since there are no limits of storing them, besides im using metamask when trading on exchange to have controls on my token to trading platform. My advice on having many stored altcoins is that, whatever happen don't let your coins sleep on exchanges your are trading in because of a high chance that it will be lost.

[cambda]

The present market place is such a system is insufficient. It is currently dangerous to take altcoins, in light of the fact that Bitcoin still has not felt the base in spite of the fact that we are close by. On the off chance that we take altcoins it is just to work off a bounce back from the dimension of their base.

[faceoff97]

The present market place is such a system is insufficient. It is currently dangerous to take altcoins, in light of the fact that Bitcoin still has not felt the base in spite of the fact that we are close by. On the off chance that we take altcoins it is just to work off a bounce back from the dimension of their base.

Altcoin has the same potential as Bitcoin, it's just that Bitcoin has the largest community backing up it's price. But it is still preferable to hold different kind of coins. Diversification also could lessen the potential loss from your investment, just be sure you have picked a better coin to have. There is a big hope that every coin could regain it's value sooner or later.

[ije07]

Of course, now Altcoins are very promising coins in which you should invest your savings.
I am sure that it is better to keep several different Altcoins until a certain hierarchy of coins, including new ones, has appeared on the cryptocurrency market.

altcoin is promising but what I want to ask is what altcoin do you mean? because there are so many altcoins and I don't think everything is good and promising so which altcoins are promising and worth to investing?
believe that, not all is good even when there will be a bullrun we still have to be careful when choosing an altcoin for investment

[WalkerIVIV]

The present market place is such a system is insufficient. It is currently dangerous to take altcoins, in light of the fact that Bitcoin still has not felt the base in spite of the fact that we are close by. On the off chance that we take altcoins it is just to work off a bounce back from the dimension of their base.

Altcoin has the same potential as Bitcoin, it's just that Bitcoin has the largest community backing up it's price. But it is still preferable to hold different kind of coins. Diversification also could lessen the potential loss from your investment, just be sure you have picked a better coin to have. There is a big hope that every coin could regain it's value sooner or later.

Or even more. Remember altcoin can give a lot of profit because it has a lot of possibility to be pumped more than 100% in over night. Bitcoin looks so stable and we can't expect a lot of profit and volatility from there. Diversification is a really important thing to us.

[zolfa]

My advice is not only to collect coins, but do not know whether or not the coin is good or not, look for a good coin coin, which has a clear project and has entered many exchangers, it is better in my opinion

[Osayo]

People have constantly had their wallets hacks which is why most people have now devised a new technique of splitting their altcoins or tokens into several separate unconnected wallets.

[Emilyp]

Holding multiple altcoins is great, it importantly spread risk among the different altcoins. Having all your funds consolidated in one coin can be very risky, since we have seen many coins value get wiped over night.

[Kelvinikke]

I am also holding several altcoins basically ERC 20 cryptocurrencies in myetherwallet hoping that the market will rise soon so that i can sell them to gain some profits but this bear market seems to be taken too long a time. But i believe strongly that we will see a rise soon hence i am not selling my coins very cheap at all.

[adekogbe]

I like to diversify my tokens portfolio because I think it is extremely risky to have all my coins in a particular project so I buy about 10 to 20 altcoins and keep them in different wallet in the hope that during the bull market they will rise or at least 50% of them and I'll be in profit.
There's no point keeping just one single cryptocurrency or very few because you don't know how the market will move

[fuer44]

the goal of a few different coins is to anticipate a few coins going down, but expect other coins to rise. it's like a safe step by comparing several different coins. but if I do, it's better to hodl one coin, for example, Etherum with a large amount. so when you go up, you will get a big profit, if you go down it will also be a big loss. that's how gambling happens in terms of investment.