Holding multiple altcoins

[shendy]

Holding some alcoins is certainly good, you will certainly get more profits, save your assets in a safe wallet like ERC20 My etherWallet because this wallet is proven to be safe for storing digital assets

[sempak]

For me it is more convenient to store all your coins in one wallet but still it may get hacked or had a problem with your coins. I know it is hard to manage different wallets for your coin but it is much safer than having only one multi wallet

In fact, regarding a lot or a little it is not a problem because until now the important thing is that what we invest is a token or coin that has a pretty good value

[H0USE]

I guess holding many altcoins instead of one will give you the chance to have multiple profits from many sources,also keeping our money safe when there's a problem with the altcoin we have, but that is not a good choice for anyone looking for quick profit, so i guess we should not hold too much altcoins, but just a few to optimize our profit.

[Dacosta Osei-Tutu]

It is very easy and convenient to hold all your coins in one single wallet. But the risk of losing them all in just a single day by a hacker is what makes it a bad option.

[kogozer714]

in my opinion, it's okay to hold lots of coins in one wallet, maybe you feel comfortable with your choice now and but every individual has the convenience of a wallet. in my opinion it is a good and useful recommendation

[steveabrahams]

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 holding only in 1 wallet, so i don't need to open 1 by 1 to send or to hold all my coins. Also i'm afraid i will forget about the wallet, so i just hold it only in 1 wallet, like buy trezor and stored all my coins into it. It's safe and don't need to afraid about hacker.

[Kasabus]

in my opinion, it's okay to hold lots of coins in one wallet, maybe you feel comfortable with your choice now and but every individual has the convenience of a wallet. in my opinion it is a good and useful recommendation

Holding a lot is good, you are holding a lot of opportunity with the potential of the coins you are holding.
Let's say you got lucky and you bought at least $100 for one coin in your holdings and it pump crazy, like 1000 times, so that would already give you a good return. Although it sound impossible but it's happening here in crypto, BTC is a good proof for that.

[kincit88]

It's depend what kind investment you wanna do, if multiple altcoins for short term investment i think it still good... But if you holding that coins for long term isn't good anymore (in my opinion), better you just focus on 2 alts and hold that alts for more than 2 years..

[killat]

Holding a diversified portfolio is highly recommended to diminish the risk in case some of your coins do not very well over time.

However, we should not have more than 10 different coins in portfolio, as it is difficult to follow their evolution.

[BlackPanda]

in my opinion, it's okay to hold lots of coins in one wallet, maybe you feel comfortable with your choice now and but every individual has the convenience of a wallet. in my opinion it is a good and useful recommendation

Holding a lot is good, you are holding a lot of opportunity with the potential of the coins you are holding.
Let's say you got lucky and you bought at least $100 for one coin in your holdings and it pump crazy, like 1000 times, so that would already give you a good return. Although it sound impossible but it's happening here in crypto, BTC is a good proof for that.

This is what is called a passion for crypto investment, we have the opportunity to get a big profit when we can choose the right coin. There are so many altcoins, but don't ever choose all of them because all we need is to analyze the coins we will buy. Do not let our investment is not right, so before buying coins, then make sure what percentage of potential first to make a profit. If you have got the analysis, we just have to wait and hope that in the end there will be a price movement on the coin.

[mahibul49]

yes!i follow this strategy!dont put your all eggs in one busket.diversify your porfolio to more strong coins and hold.and you can hold multiple coins in myetherwallet just keep safe your private key.

[pics4crypto]

I always adhere to this principle. Because it is very dangerous and not profitable to keep all the capital in one coin. It is better to break it into several coins and the profit will not make you wait.

[zauna35]

Of course, this is a very convenient one wallet for all your finances, but in my opinion it is extremely dangerous (as we know technologies are moving ahead not only in the right areas, hackers are also developing in parallel ... losing everything just because you did not take care of security and preferred convenience? No, for me it is better for separateness, I'm so calmer)

[slashz9]

I think it's a good idea, you can see the development of your assets in one wallet.
and there is no need to see CMC for each asset because you have a wallet that combines many coins and tokens.

[Coin-Desk]

Yes, I also like to keep multiple types of currency. Because if you put more than one currency, the risk is very low and you can earn a lot of profit. So I think keeping one or two altcoins is not very good to keep multiple altcoins. And it's better to use multiple wallets to keep this altcoin. Because altcoins are safe when using multiple wallets. The use of multiple wallets will be less likely to be hacked.

Thank you

[mornabo]

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 holding only in 1 wallet, so i don't need to open 1 by 1 to send or to hold all my coins. Also i'm afraid i will forget about the wallet, so i just hold it only in 1 wallet, like buy trezor and stored all my coins into it. It's safe and don't need to afraid about hacker.

Better complicated than not safe right? people prefer to use 1 wallet because it is simpler even though it is more risky, because when your wallet hacked all coins you hold will be lost, and you will bankrupt in an instant? use many wallet will be recommended

[mattadc]

I still support the idea that you need to have a few coins and a few wallets. Because due to the development of technology, it is already possible to break and steal everything. So be very careful.

[reality18]

Holding multiple altcoins is good because it is always good for every investor to diversify his portfolio. However, not all altcoins on the market are worth holding for long term. This is why every investor is required to do a personal research on these altcoins, know the product and its demand on the market before choosing to hold for a particular point in time.

[xenomorphe1]

I don't really know if it is a good idea to hold all coins in a multi-coins wallet. But for ERC20 token, i think it is fine to put them on the same wallet. Except if you hold a lot of tokens.
It is surely more practical to only have one wallet to manage all coins. But you should make sure that the wallet can't be hacked. I think it is safer to hold a coin in his respective wallet.
And multi-coins wallet are more prone to bugs. I am using a certain multi-coins wallet and it constantly crash and is really slow.

[NightMar_1St]

I only use 1 wallet to contain tokens. Now I know HODLER. I will understand it if it integrates more tokens.