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Author Topic: Holding multiple altcoins  (Read 24739 times)
automaticmoney
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June 27, 2019, 06:32:15 AM
 #961

Holding  lot of coins wont make our portfolio rich we should hold those coins which are good in developments and their have adoption in day to day industry especially fundamentally strong coins
Pamadar
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June 27, 2019, 06:37:47 AM
 #962

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?
Better it to hold one coin of one address, even you have hardware wallet, you have generate one erc20 wallet when getting new token.
no body know when you have multi token on one address attacked by hacker, when you have one, you only loss one.
If you are a well organized person you can do this, new wallet per token as for prevention knowing that hackers are just around the corner waiting for another victims, but if you are also good for adding securities and you have a strong knowledge about how to make good preventive ways to protect your wallet then you can place it in one alone so you don't have to change each time you need to trade or send your coins.
mardaed
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June 27, 2019, 07:36:19 AM
 #963

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 was holdin many altcoin too same as you but i stack in metamask. I like this wallet im pretty comfortable holding my assests here but only for erc20 tokens only. I like this wallet its a mutiple wallet where you can stack tokens in different blockchain, i will look forward on this wallet. Thank you
emberbekas
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June 27, 2019, 07:53:39 AM
 #964

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?
Better it to hold one coin of one address, even you have hardware wallet, you have generate one erc20 wallet when getting new token.
no body know when you have multi token on one address attacked by hacker, when you have one, you only loss one.

Yes, storing one token in a single address would be good but it is also will be so complicated for us to manage them. I would prefer to store my tokens in a single wallet with an extra efforts to keep it safe.

DarkIT
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June 27, 2019, 07:59:53 AM
 #965

Holding  lot of coins wont make our portfolio rich we should hold those coins which are good in developments and their have adoption in day to day industry especially fundamentally strong coins
for now I realize that just holding a few coins is enough so we can benefit. other than that, I think it's easier to control than having lots of coins. well, the increase that only happened to bitcoin at this time certainly made some of us realize that owning bitcoin is currently quite profitable.

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farraddy
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June 27, 2019, 01:42:34 PM
 #966

Bounty hunters can have many different altcoins. They didn't sell coins because they had a low cost. Now some altcoins have increased in price and you can sell them. I think it's better to have the coins from the TOP

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June 27, 2019, 08:36:48 PM
 #967

I don't think holding multiple altcoins is a bad idea. The most important thing to consider when holding a coin is the concept behind the project because some project will not made it to the nearest future. It's not easy to hold multiple actions in a single wallet because it is risky
dearbesz1219
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June 27, 2019, 08:41:22 PM
 #968

There are more multi currency wallets, but there is always a risk of being scammed, since wallet providers know your private keys, so be careful and do not hold a lot of money here.  Cool
Iykecollinz
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June 27, 2019, 09:26:15 PM
 #969

It is very risky to have all coins in one wallet, the risk will be too high due to theft or loss. Personally I store in coinomi, luno, some external wallets and exchanges. With this one will have have his risk spread and a back up incase of any mishap with a particular one.

Xalata
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June 27, 2019, 10:06:03 PM
 #970

Having multiple coins in a single wallet is much easier to monitor and assess rather than having multiple wallets for different kinds of coins. Having multiple coins too is better than keeping all your holdings in one coin.

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June 27, 2019, 10:30:01 PM
 #971

Holding multiple altcoin is good and as such I think the way we would want to hold it will be a thing of choice, personally I would prefer holding in more than one wallet,that is diversification incase anything goes wrong, I know some will prefer in a single wallet for easy monitoring.

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June 27, 2019, 10:32:37 PM
 #972

~snip
If you already have a lot of altcoins. You have already made a huge profit today, because almost all of the altcoins have experienced price increases. You can sell now and buy when the price down later.
Zainal-baguz
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June 27, 2019, 10:35:29 PM
 #973

I myself still like to hold a number of altcoins bro. even some of the altcoins that I bought still can't be sold because no one bought them, bro. but altcoin is also very profitable like what happened in 2017

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DPrillio
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June 27, 2019, 10:44:11 PM
 #974

~snip
If you already have a lot of altcoins. You have already made a huge profit today, because almost all of the altcoins have experienced price increases. You can sell now and buy when the price down later.
Not all altcoins are increasing even now that seems the bullrun is starting, I have a lot of alts holding too but if I sell it surely its a big lost for me so I will hold it until I can see opportunity to sell it.

amaterazu
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June 27, 2019, 10:59:57 PM
 #975

The ERC20 wallet is in my opinion safer. But all depends on the coin you have. Most of the coins I have are Ethereum based and many more results from Bounty. Until now I keep the coins in the ERC20 wallet very secure. I use some wallets to store altcoins because it is much safer.

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coino.org
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June 27, 2019, 11:05:31 PM
 #976

Holding altcoins isn't that easy, because I want more to trade, make deals and so on.
As a result you guys somehow will concentrate on some altcoins and holding a big amount of different alts isn't that good
luigi3
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June 27, 2019, 11:17:50 PM
 #977

I still would like to hold my altcoins in myetherwallet also the trusted wallet ,i will hold them to give me and income but patience is there so you always need to have it.

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bright4mech
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June 27, 2019, 11:38:36 PM
 #978

Every Alt coin are created, with a difference purpose and usefulness, hence i prefer holding a multiple alt-coin in the crypto industry, for they future usage.
Koobtcgal
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June 27, 2019, 11:41:36 PM
 #979

Wallets such as trustwallets and its likes help us to store our coins in one place other than having to login with different password using different private keys. I think it is safe and convenient to do so. One set back is that when you lose that private keys to those many coins you hold, you lost a lot of money as all your coins are on that same wallet. That is why sometimes, storing your coins on a single wallet is a good idea. But in any case, you've got to be very cautious because when you lose your private keys, that all--your coins are gone forever.

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June 27, 2019, 11:45:26 PM
 #980

Every Alt coin are created, with a difference purpose and usefulness, hence i prefer holding a multiple alt-coin in the crypto industry, for they future usage.
hold only altcoin that have real demand on crypto market .don't ever hold altcoin that has no real usages.for example binance coin, in binance IEO investors need to hold some bnb to participate IEO.this policy will create demand to bnb.this kind of altcoin that have good future.

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