Holding multiple altcoins

[Henrobakkara]

I much prefer holding multiple coins in a single wallet as long as the private key are safe they are safe from hackers, and as of now especially in this market situation its better to hold because we cannot predict tthe future maybe our holding coins may have possible growth and if we may continue holding coins it will become profitable i guess.

it's too risky bro, even though you have stored the private key well but you are wrongly entered on a suspicious site then your wallet will not be safe so I think holding coins on several different wallets will be better

[Thanasis]

I thinkg holding multiple altcoins is the right thing when the market conditions are unstable, as we know that more than a year the market is red so if we only rely on one coin then we are difficult to profit.

Read OP before saying something.

@OP holding all coins in a single wallet is more convenient to manage than having separate wallet for each of it which can turn into big headache to manage and also it will result into losing of coins as well so better buy a hardware wallet and store your coins and tokens into it will be a good choice.

[horrifiedx1]

I much prefer holding multiple coins in a single wallet as long as the private key are safe they are safe from hackers, and as of now especially in this market situation its better to hold because we cannot predict tthe future maybe our holding coins may have possible growth and if we may continue holding coins it will become profitable i guess.

it's too risky bro, even though you have stored the private key well but you are wrongly entered on a suspicious site then your wallet will not be safe so I think holding coins on several different wallets will be better

besides that sometimes a lot of suspicious emails come in our inbox. of course not to follow their direction, because regret will come. I think we should concentrate when opening the wallet

[mattadc]

I generally think that you never need to stop and expand your wallet and try all new tokens for yourself. Of course, without fanaticism, but you still need to try, altcoins are suitable for the best option.

[A L I E N]

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.

I also vote for this strategy. When you hold a lot of different altcoins (from top-20 and cheap tokens as well) you have more chances to get better returns. Is several cryptos fall, the other alts can grow.

[faceoff97]

I much prefer holding multiple coins in a single wallet as long as the private key are safe they are safe from hackers, and as of now especially in this market situation its better to hold because we cannot predict tthe future maybe our holding coins may have possible growth and if we may continue holding coins it will become profitable i guess.

Agreed. It's good to diversify investment and hold them for longer period of time. Hodler wallet could hold different kind of coin that are already well established and Yas potential. In this way, we could hold all in one app and then safely have the full control over our private key. This makes investment more easier since you can be organized.

[Aikidoka]

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.

Exactly, we should separate our funds in a lot of cryptocurrencies to avoid any risk of losing all our money. We shouldn't put all of our money in just one basket, so it's so great if we can hold multiple altcoins, as we can have some profit time to time.

[Kasabus]

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.

Exactly, we should separate our funds in a lot of cryptocurrencies to avoid any risk of losing all our money. We shouldn't put all of our money in just one basket, so it's so great if we can hold multiple altcoins, as we can have some profit time to time.

That if the market is not bearish, if the market is good, some coins will dump, while some will pump and this would still give us a chance to be profitable.
However, we cannot deny that what we experience for almost a year is a bear market, and it affect our entire investment as most if not all of them are dropping.

[anggle]

Many coins that I keep in the ERC20 wallet. In my opinion, it is very safe and until now I have never lost my digital assets when storing in an ERC20 wallet. All coins that I manage in the ERC20 wallet. From coins that have no price to coins that already have a sale value. Saving lots of coins, in my opinion, is more profitable.

[rafi035]

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.

I also vote for this strategy. When you hold a lot of different altcoins (from top-20 and cheap tokens as well) you have more chances to get better returns. Is several cryptos fall, the other alts can grow.

But with cheap tokens that are always surprising if we hold on for a long time it can be valuable, but I also take steps for some tokens that we hold a lot.

[ttcsalam]

yes i  prefer to hold multiple kind of coins. i prefer: holding it different kind of wallet? because one token is different another token. 

[Clearstream]

i prefer professional wallets. if it is an ERC20 token, i will store them in myetherwallter. the best wallet to store bitcoin is the bitcoin core. i don't like universal wallets.

[Ayiranorea]

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.

Exactly, we should separate our funds in a lot of cryptocurrencies to avoid any risk of losing all our money. We shouldn't put all of our money in just one basket, so it's so great if we can hold multiple altcoins, as we can have some profit time to time.

Agreed, diversifying is a must with cryptocurrency. Everything in a single asset could get you a big profit as well could end up with a massive loss. To avoid the same and have a better access to trading it is always good to invest on varied assets for long term as well for short term profiting needs.

[RasenShuriken]

Holding multiple coins would make such an important thing for the people who sail ahead to increase their risks on their investment. Well, holding a coin would have many risks, more coins mean more risks.

[tamango]

I didn't know about this wallet and I will take a look at it, personally I'm using for most of tokens Myetherwallet connected using Ledger nano S for better safety or metamask .

[Ochakemaput]

I didn't know about this wallet and I will take a look at it, personally I'm using for most of tokens Myetherwallet connected using Ledger nano S for better safety or metamask .

Yes, I also just use myetherwallet and metamask as well as blockchain wallet. not much of a wallet that I have to store the assets of altcoin, because I think too much is also not good.

[Kingairdrop]

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?

Actually its a very good idea to hold your coins in one place, since it very easy to access and also easy to move them out from one wallet. But at the same time if its compromised then all your funds are gone.

[pics4crypto]

Holding multiple coins would make such an important thing for the people who sail ahead to increase their risks on their investment. Well, holding a coin would have many risks, more coins mean more risks.

As for me it is the opposite. More coins means more likelihood that at least some kind of shot and you earn. I do not see this as something bad or very risky.

[jonas5222000]

Yes i prefer to hold my token to one wallet just like my etherwallet but there are some wallet that fix to you to hold their token,this is their own wallet. For now i was holding my token ,hoping that its price will be back soon with also their big price.

[Prompyboo]

Yes i prefer to hold my token to one wallet just like my etherwallet but there are some wallet that fix to you to hold their token,this is their own wallet. For now i was holding my token ,hoping that its price will be back soon with also their big price.

Of course, it's best to keep tokens in one wallet. if you split your tokens to different wallets, then most likely you will then forget half of your wallets