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Author Topic: Holding multiple altcoins  (Read 24739 times)
hirokazu
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December 07, 2018, 11:14:10 PM
 #81

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?

Holding multiple altcoins don't require to have more e-wallet if you hold ERC20 Token. And that is a good idea if you are using MEW (MyEtherWallet) to store all of your ERC20 Token. The Holder e-wallet I never use, but I think this e-wallet is not better than MEW.
It possible to have single wallet if someone store their altcoin like on exchange that have so many kind of altcoin, like binance. Surely except for the new altcoin, she will need the own coin purse and/or eth address if it ERC token.
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December 07, 2018, 11:55:59 PM
 #82

For me it is ok to hold multiple altcoins, it has more chance to have some value rather than investing on a right project, In holding some altcoins you have to give research on it and have a visions of its value and price in the later stage.
Lexurdania
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December 08, 2018, 01:50:12 AM
 #83

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?

I am prefer holding several different kind of coin. I just want to reducing my risk in volatile market. i think its good for my investment in bear market because some my coin increasing the price in bear market

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December 08, 2018, 01:57:50 AM
 #84

Is good to have your coins in one wallet for security purpose and at the same time still risky too cause if you lost or someone else have access to it then the tokens are bye gone so the mother of the story is to keep your private key or passphrase well to avoid losing your funds, and be very sure his save the wallet is before you used them.

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December 08, 2018, 02:10:38 AM
 #85

I don't think there is a problem if you hold a number of altcoins, this will actually produce good profits for the future, if the market has risen and the price of coins also increases, of course the altcoins you have can make you have more profits
mullzerwar
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December 08, 2018, 02:58:10 AM
 #86

For me, holding many kind of different coins is good for investment. At least it should be able to close the loss if some of the coins that we keep facing a loss and the other reach success. And about the wallet, if possible keep our coins in a hardware wallet, that would be so much secured.
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December 08, 2018, 03:14:20 AM
 #87

For me, holding many kind of different coins is good for investment. At least it should be able to close the loss if some of the coins that we keep facing a loss and the other reach success. And about the wallet, if possible keep our coins in a hardware wallet, that would be so much secured.
holding different kinds of altcoins is really a good idea or maybe strategy that we needbti do on this very huge dip. We all know that the coins are really affected on the market dip and it almost lost its value, so if we are going to buy more coins and hold it until such time that the price will back to its normal shape or normal run maybe we can earn on those altcoin that we are holding.
maydna
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December 08, 2018, 03:41:01 AM
 #88

I think if I have multiple altcoins with a large amount, I will use ledger nano to save because it will more safe to keep in that wallet than to use the exchanges or in the mew itself. We don't know what will happen later and all we can do is prevent from the hacker, and if we can use an offline wallet and gather it in that wallet and only us that will know the passphrase, I think we don't have to worry with anything. As long as we can save in one place and we don't tell other people, then the various altcoins will be safe, and we can send it to the exchanges when the price increase higher.

 
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Mihawk
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December 08, 2018, 03:57:55 AM
 #89

I am old and I prefer to download the wallet and have full access to blockchain and private keys except when we have a big and heavy blockchain or when I have interest to stay only a few weeks with the coin. No ETH token is currently of interest to me for day-to-day use.
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December 08, 2018, 04:00:51 AM
 #90

You can holding multiple altcoin at ne myetherwallet, never use many wallet for holding many kind of your altcoin, but more safety is better for using many wallet kind because when one your wallet stole you have save your asset the other wallet.
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December 08, 2018, 04:06:44 AM
 #91

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?

       I hold different coins from signature campaign with different wallet and I import it in TRUST to easy manage and it's fun to see my coins daily without using private key and it is easy export for trading time .
inanilujimi
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December 08, 2018, 04:16:49 AM
 #92

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?

of course it's a good idea because you can easily transact projects that you like.
make sure you have to take care of yourself from phishing sites and keep private keys in a safe place.
akeda
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December 08, 2018, 04:18:32 AM
 #93

Of course this is good for storing several altcoins, but you have to save them safely so that your assets are not stolen, choose a safe wallet that is able to store your assets well

Keyboard PC
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December 08, 2018, 05:33:28 AM
 #94

it is a very good idea but you should save the ERC20 coin with a variety of wallets, not just one wallet because if only one wallet and when you get hacked your assets will be lost all.
cattano
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December 08, 2018, 06:20:32 AM
 #95

What is think is, just like what wise people says "don't put a food in a single bowl".
So i kept many different coins to invest on, just in case not all coins turns good, i still had the other, but if all of them turn to be good then it's awesome.
indriasyifa
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December 08, 2018, 06:29:38 AM
 #96

in my opinion it's a good idea, saving coins in some wallets will make our wallet or assets safer. but I maintain my current assets by holding tokens in one wallet.

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faceoff97 (OP)
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December 08, 2018, 10:41:28 AM
 #97

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.

Is this wallet comfortable in daily usage? Isn't it too long to insert it into a notebook, remove it and insert again? It seems to me that such a wallet is convenient only for the storage but not for daily operations. Am I right?

I've heard that they designed it to be used in regular basis. They are continuously  adding  new features, the are currently  working on adding Pay-to-Email & Pay-to-SMS. Which means ttransferring funds would be easier, and they also mentioned that even someone who foes not knowledge about Crypto could learn to start handling coins. See for yourself, you read more about them is Steemit and their site.
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December 08, 2018, 10:53:27 AM
 #98

When the market red until now, the best thing is holding multiple coins, and I'm happy because holding multiple coins makes me avoid big losses, at first I only relied on etheruem, but I've shared at least 10 good coins for the future.

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December 08, 2018, 02:03:58 PM
 #99

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?



It is really a good idea, storing your tokens in different wallet .Once you are going to trade your  coins , you just select the wallet where your coins have been stored. Easier for every users who have had a lots of coins for not  getting  confused of selling their coins. You also will be safe from hackers or the scammers. It is also difficult to determine how many kind of coins you have. The only thing you may consider  is that  you also  need more private key.

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December 08, 2018, 02:31:43 PM
 #100

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?
You can really have it on single storage or wallet, it varies on your preference and likeness. But on my case i store my bought coins on the market itself since i do not encounter problem on doing it so far.
I recommend for more safety of your coins, use a cold storage so you can have personal access on it because the more usage of internet the more risk it has.

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