Holding multiple altcoins

[pushups44]

It used to be that holding a diverse array of coins required downloading entire blockchains and cumbersome software, but now hardware wallets like the Ledger Nano S and Trezor make it easy to securely and conveniently have multiple wallets encrypted in a small device. There are alternatives such as Jaxx, Coinbase, and Ethos, but I strongly recommend a hardware wallet for security.

[1715256279]

1715256279

[1715256279]

1715256279

[1715256279]

1715256279

[Ailmand]

I hold different kinds of altcoins and I put them on my hardware wallet to secure my asset. I make sure that all my assets are secured since I had lost decent amount of money before using online wallets. I think this is the safest way to secure your fund.

[mattadc]

I keep several altcoins in the long run. I am sure that there will be big growth in the future. And this can raise a lot of money. So far everything suits me.

[superstarbtc]

Holding multiple altcoins are profitable when we buy those coins in less price at the same time of downtrend we may receive most of the coins in lowest price and accumulating those coins will clear shot development plans we may see immediate profits when they are pumped

[H1N1]

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 coins is good, it means you diversify your portfolio and you can prevent huge damage in your investment.
About the wallet, maybe i will use several personal wallets to holding multiple coins.
If you want to use single wallet to holding multiple coins, exchange wallet is the best option, but it is not secure because sometimes exchange got hacked.

[Carrelmae10]

I hold all of my altcoins in ERC-20 wallet. I feel they are more secure there and I can easily have access to them too.

..same as here..i usually hold and stored my altcoins at my ERC-20 wallet so that it is easier for me to transfer it into my exchange wallet whenever I want to sell my coins..just a simple advice,make sure that you are always watching coins that you hold so that you can trade it whenever it will pump up because not all coins are created to gain profit,,some are invented just to scam people,so watch out for shitcoins..

[Genamant]

for now i avoid long term hold on altcoins
its either short or swing trade...
but i have some alts i hold since 2017 im holding my coins in myetherwallet and some in imtoken and some in web wallets

[xOdiumNostrumx]

I try to limit myself to coins that are supported by my hardware wallet as I can be quite paranoid when it comes to phishing/hacks etc. If the temptation is too big, the Binance "wallet" with 2FA comes in handy.

[JeffBrad12]

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 coins is good, it means you diversify your portfolio and you can prevent huge damage in your investment.
About the wallet, maybe i will use several personal wallets to holding multiple coins.
If you want to use single wallet to holding multiple coins, exchange wallet is the best option, but it is not secure because sometimes exchange got hacked.

Exchange wallet is the worst option that you have offered it. Remember your amount will become centralized and that was having a lot of chance for you to lose all of your amounts instantly. Can you predict if that exchange site will be last forever or not? If you can't and then you must re-thinking about that.

[Catmurs]

I keep several altcoins in the long run. I am sure that there will be big growth in the future. And this can raise a lot of money. So far everything suits me.

I agree , to keep now some of the altcoins is very safe , I think it is worth to wait for the new year bull market , as now the bulls come to the market

[TIDOVEE]

Well, I don't see anything bad in holding multiple altcoin and saving them in different wallet is usually a good idea because of this hackers. The reason why many of us hodl coin for long is simply because we don't want to go through the loss in a moment like this. We are looking unto a time when the price will be profitable enough.

[Aleksandra Gurskaya]

I keep my coins on Ledger Nano S and I advise you to buy it. After all, it is important to keep your coins from fraudsters and be calm.

[Mommynigabby]

If I prefer to save coins in various wallets, it is safer if I have a bad luck, one of the wallets is stolen, then another wallet is safe, not everything we hold is lost

I agree with 1000 times

For the very same reason you mentioned above. So it incase it get hacked ,.  something will still be left to me. Unless they're able to get hold of all my private keys

[BurstBurst]

Holding a lot of altcoins is good and I'm probably sure that any investor or bounty hunter does it but choose a good one and make sure your hold altcoins is so likely that you'll earn an early hold token or hold to have you're getting hold of your tokens you're better off buying altcoins that are longterm and potentially to maybe even back you up if you ever lose your other holds altcoins be smart in selecting altcoins because not everyone has the potential or longterm else because it's shitcoin and the price drops quickly so it's a good idea to first check your rolled altcoins before you buy it and think carefully so that you will not regret why you bought it .

[globalpain]

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 agree, I hold multiple coins and need a wallet that can store all types of coins that I have, multi wallet opensource is the
right choice for multiple coin holders, actually we can use any type of wallet as long as the wallet is safe from hackers

[NewRanger]

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 agree, I hold multiple coins and need a wallet that can store all types of coins that I have, multi wallet opensource is the
right choice for multiple coin holders, actually we can use any type of wallet as long as the wallet is safe from hackers

maybe we need hardware wallet to hold our cryptocurrency asset.its more secure as long as we didnt loss it.only or portable wallet risk enough since hackers now become smarter that before.

[aliceHortrex]

I always keep a few altcoins.  Because if one die anyway, some grow and multiply.  But there are moments when everything falls like a roulette game, it is hard to guess.

[AjithBtc]

Multiple altcoins into the portfolio is the best being in the crypto ecosystem. With holding of more altcoins one can decrease the loss happening with the market volatility. Every altcoins won't be declining or increasing in value at the same time. At times the holding time might increase, but it is always good than holding a single asset.

[crzybilly]

Diversification is the most important factor of every successful investment. Without splitting your altcoins among different wallets and exchanges, you won't be able to save your funds, once one of them is going to be attacked by hackers.

[Thomas-s]

Diversification is the most important factor of every successful investment. Without splitting your altcoins among different wallets and exchanges, you won't be able to save your funds, once one of them is going to be attacked by hackers.

Diversification is something that absolutely every participant of this market applies if he understands how everything is working here. the main thing is not to forget where your assets are stored