Holding multiple altcoins

[Dobby070]

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?

What's wrong with holding multiple coins? I think it is the best way of gaining the assurance of winning in the market. You diversify your funds and in that case, your chance of getting a coin which is bullish is quite high.

[D3m1r4wanti]

keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.
however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

[Caladonian]

keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.
however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

Diversifying your assets if you have good knowledge about those coins you hold is good enough than risking your money with only one coin which is very
tough when you see situations like this, you have to learned and understand every aspect that might affect those assets that you bought, knowing that
there's certain movements that you need to follow as a pattern for your success.

In terms of wallet, just make sure that you know deeper about thos wallet that you will going to use to make sure your assets is safe enough while waiting.

[Natalim]

keeping a few different coins is indeed one way to avoid losses on one coin when the price falls, it will be very risky if you save your financial investment only on one type of crypto currency.

It's not really, even if you keep different coins but the entire market falls, the effect is still the same.
Diversifying is a method to minimize the risk, not to avoid the risk.

however, if I have to store crypto currency types in a swallow I have never experienced it, I saved some of my ASSTs on several different wallet platforms.

Waves platform is good but affected with bear market, overall we are losing now if we have not invested early, but the chance to grow is still here.
We don't give up this early, holding is still one of the best strategy in times like this, hope that it will recover and we will see some good rise.

[deredevil]

Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

[rajon]

The first thing I do is to collect or invest a token and know about the market very well and always check whether my wallet papers are right or not. I think I should invest in the tekens that make those tokens better. Well, let's see if I know the current market is very downbeat, patience will be good success. The investment will be easier to come back, and they will be well received.

[Kasabus]

Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

Holding is the key to success, the early investors were able to prove that this method is working.
However, we have to understand that not all coins are a good hold, we should know which coins that has the future potential so we will not be wasting our time holding a coins, at the situation now, it will help us to choose good coins, and they are also undervalued right now.

[GGmith]

Holding multiple altcoins is good because in the future you will also get good and more profits, but you also have to be good at choosing the altcoin that you hold, because not all altcoins have good potential to make investments, so don't get it wrong choose

Holding is the key to success, the early investors were able to prove that this method is working.
However, we have to understand that not all coins are a good hold, we should know which coins that has the future potential so we will not be wasting our time holding a coins, at the situation now, it will help us to choose good coins, and they are also undervalued right now.

coins that are worth holding are indeed to be maintained, but we must also remember that market prices move every time, so don't depend too long on the long term because the coins you have can fall deeper and can also rise, so always monitor the coins we have in the wallet.

[Ekyfitri]

coins that are worth holding are indeed to be maintained, but we must also remember that market prices move every time, so don't depend too long on the long term because the coins you have can fall deeper and can also rise, so always monitor the coins we have in the wallet.

that is certain, because every investment must also have a plan that we have made ourselves. but if the reality is good, why not sell it. therefore we must continue to see and pay attention to the market every day.

[gundala]

I prefer multiple wallets, of course that supports erc20 for most bounties. If I have to use another wallet just to comply with the rules. I think it's more practical and easy, I just need to add some ETH reserves for transaction fees. Saving tokens or coins in wallet exchange is quite risky, especially if there is an exchange hacking case.

[roadwell890]

I prefer multiple wallets, of course that supports erc20 for most bounties. If I have to use another wallet just to comply with the rules. I think it's more practical and easy, I just need to add some ETH reserves for transaction fees. Saving tokens or coins in wallet exchange is quite risky, especially if there is an exchange hacking case.

The number of hackers now will make bad things happen with the money you have even though the hackers already existed first. You should have multiple security to secure what you have.

security it is important that security starts from ourselves, because if we neglect to do anything our money can be lost.
hackers can do it so you have to secure more of your money.
now many things happen that make many people fail or other things that cause losses.

[TheClownSong]

I prefer multiple wallets, of course that supports erc20 for most bounties. If I have to use another wallet just to comply with the rules. I think it's more practical and easy, I just need to add some ETH reserves for transaction fees. Saving tokens or coins in wallet exchange is quite risky, especially if there is an exchange hacking case.

The number of hackers now will make bad things happen with the money you have even though the hackers already existed first. You should have multiple security to secure what you have.

security it is important that security starts from ourselves, because if we neglect to do anything our money can be lost.
hackers can do it so you have to secure more of your money.
now many things happen that make many people fail or other things that cause losses.

Its true that security is important thing we should consider before choosing wallet. Its better not store our coin and token in exchanger wallet because hackers always trying to hack on exchanger wallet

[umar22pk]

You can hold your coins in a wallet which you think you have a full control & easy to use. Secondly you have to secure private key or password from every one, that wallet will be good to hold you coins for long term.

MEW is a best wallet along with hardware wallet.

[qomariah95]

I just found out this wallet. Because I only know and use Myetherewallet until now. Maybe I will try to use another wallet in the future to save my altcoin. Because what I'm looking for is a wallet that is safe from hackers.

[coin-investor]

When holding a lot of tokens it is recommended to not use web-based wallet the risk is too high, a desktop wallet where you own private key is recommended I recommend Exodus and mydesktop wallet I'm currently using both wallets and I find it's security as one of the best.

[ifykiki]

Holding multiple altcoins is good because you don't know which one will turn your life around. Also good is holding them in different wallets, so that if an accident occurs and you lose one wallet, it would be less troubling

[jaywizzy]

That is what I usually do before, I keep all different  coins in the same wallet but with time I realized that is dangerous for  keeping everything in the same wallet that is why I have like four wallet now for different coin.

[Fluxtorrence9]

I have many nice coins and shitcoins as well ,few are tradeable and others are not on exchanges yet ,I like using multicurrency wallets ,all in one for my erc20 tokens but believe me I use up to three wallets because its risky to put all your holdings in one single wallet

[Tipsters]

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?

Wow thanks for sharing, maybe I look into it later. All tokens and coins are supported? Bitcoin SV is not an erc20 token so therefore this wallet can store up even not erc20 token right? As for me, Im using Imtoken as a 3rd party app but installed an erc20 mew wallet while for coins that are not erc20 Ive used coinomi wallet as it supported many coins.

[bitcoin-shark]

i keep all the tokens in my possession in one place on a wallet mew and i take the proper precautions making only offline transactions, the other altcoins not bound to the blockchain eth i keep them on a multiwallet (coinomi) for mobile...