Holding multiple altcoins

[Johnyz]

Many of us have hundreds of coins and tokens scattered in multiple wallets. I really laud this idea as it is a very safe measure of ensuring we don't put all our eggs in a basket.

We should also make sure that we are putting in the right coins because no matter how many your coins are but if it just a shit coins its useless. I know we receive a lot tokens, but not all of them are worth holding for its still good to take profit. Hold the top coins and you will be good, this is my belief.

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[Danslip]

Many of us have hundreds of coins and tokens scattered in multiple wallets. I really laud this idea as it is a very safe measure of ensuring we don't put all our eggs in a basket.

Why do you criticize the opinion of this user? Having multiple altcoins don't guarantee that you will not get a loss if the bear market covers everything around crypto. Having one coin or investing in multiple projects will have the same faith if bull trend gonna hit markets soon.

[shesheboy]

I do not like to store many different types of coin if it does not bring me profit in the future, I see many people like to store many kinds of coin but it does not bring profit to them, I do not understand why they still like doing that and what is their purpose when  coming to this market ?

This diversification, so divide the investment between several currencies. This is the risk prevention behavior. When you invest all your money in one coin, you lose your money when the coin loses value. But, when you diversify, this can be fixed.

when you diversify you are also lessening your potential profit compare to when you invest all your funds in one coin for example in bitcoin  .  there's nothing wrong of putting your eggs in one basket  but as long as you know the coins that youl be choosing  .  same rule apply when diversifying your  capital onto different variety of altcoins    .

[Apes]

save in multiple wallets a pretty good idea. many use the use of this feature. because having a lot of wallets is not a big problem because making wallets is provided free by many providers. most of us are required to back up wallet data and use a trusted and safe wallet.

[enawati]

Keep it in different wallet is more safe, if we hold only 5 different coin is not difficult to create 5 different personal wallet for each coin.  I think holding maximum 5 different coin is more easy to handle it, just choise coins that have strongest fundamental and live product.

[Atang Sulaeman]

I'd prefer to hold it with a muticurrency wallet like ledger nano s.

It is convenient if most of the coins you hold can be stored within a single wallet which is trusted and reliable. I have seen that hodler wallet ran a signature campaign here but I still prefer to stay with ledger nano s.

I really agree with your opinion that it's better to save it to the nano ledger,
because it's very minimal to lose our assets and very safe for us to use.

[silver23]

Yes, i holding a multiple coin.
Now i hold BTC, ETH, XRP and EOS and many other ETH token.
For now i think enough, i just hope my coin will increase and make big profit.

[Kasabus]

I'd prefer to hold it with a muticurrency wallet like ledger nano s.

It is convenient if most of the coins you hold can be stored within a single wallet which is trusted and reliable. I have seen that hodler wallet ran a signature campaign here but I still prefer to stay with ledger nano s.

I really agree with your opinion that it's better to save it to the nano ledger,
because it's very minimal to lose our assets and very safe for us to use.

Hard wallet is the safest way to store your coins, you should invest on buying it when you have valuable coins to hold for long term.
With online wallets that are vulnerable to hacking, it will not make you comfortable sleeping at night knowing the risk of losing your investments.

[belingbanged]

Keeping coins in several wallets I think is safer. And using a metamask wallet or ERC20, I think it's safer. The most important thing for me is to save the password for the wallet. Don't let others know and don't save it online.

[cp_underground]

Holding multiple coin is good.
You know almost of we are here is hold not only one coin.
And i agree if we hold many coin that will make profit for long time.

[kolitski]

We should holding multiple altcoins it is hard to find which altcoins would be going to rise in the market most of the altcoins are being weak to make profitable.

[Krismanto]

Holding a few coins is indeed one strategy to get big profits. But you also have to keep in a safe wallet. Hacking is very common, so you need to be more careful in storing your digital assets.

[emmybd]

In my opinion, myetherwallet is still the best for holding many altcoins, I have been using it for a long time without any problem. In future, i would like to buy a hardware wallet to store my assets.

[pics4crypto]

In my opinion, myetherwallet is still the best for holding many altcoins, I have been using it for a long time without any problem. In future, i would like to buy a hardware wallet to store my assets.

If you buy a hardware wallet, do not buy a Ledger. I had problems with him, trying to transfer my money to someone else’s account.

[Rtalk]

In my opinion, myetherwallet is still the best for holding many altcoins, I have been using it for a long time without any problem. In future, i would like to buy a hardware wallet to store my assets.

I still haven't bought a hardware wallet just because I don't have enough coins and I keep my altcoins on cold multi-currency wallets. If the market situation improves and my coins rise in price, I will consider buying a " Ledger nano s ".

[florac9]

I'm holding multiple altcoins as well but what I don't do is Golding all the coins in a single wallet ,it doesn't make sense,so I use three wallets and spread the coins and tokens, even if my wallet managed to get hacked then only half of my holdings will be lost

[Psynthax]

In my opinion, myetherwallet is still the best for holding many altcoins, I have been using it for a long time without any problem. In future, i would like to buy a hardware wallet to store my assets.

If you buy a hardware wallet, do not buy a Ledger. I had problems with him, trying to transfer my money to someone else’s account.

ledger has a bunch of problems. but use various wallets will much better rather than centralized all of your amount into the one basket. that will never become a reccomendation for everyone who interested to keep multiple kinds of altcoins

[AlekseyCrypto]

I think it's not safe to keep all cryptocurrency in one place. I choose Ledger Nano and a few extra wallets to reduce the risks.

[ifightformerkel]

In my opinion, it is always necessary to distribute coins in different wallets. This is necessary in order to protect yourself from possible losses and protect against fraud. In addition, I advise you never to publish the address of your wallet on the network, where you store your coins.

[faceoff97]

I prefer holding all my tokens or altcoins on myetherwallet as I believe in its security patterns and it is easy to use. 

It's easy to use, I agree with that, however it would be safer if you will invest on hard wallet because it's recommended for long term investment.
I had search now on what wallets that will support and I found this one > Top Wallets To Store ERC20 Tokens.

Yes it's true, hardware wallet is still preferable. Hodler wallet have already introduced their Hodler wallet, it's great and unique. You can check it out here: www.hodler.tech/pro Their wallet is based on J3 Samsung phone which has original operating system from the team. It is has auto offline mode that makes sure that any potential malware could not interfere.