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Author Topic: Holding multiple altcoins  (Read 24730 times)
alkhie01
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December 06, 2018, 12:38:34 PM
 #21

For me it doesn't matter where stored your altcoins whether its in a cold,hot or even hard storage the question is does the project or altcoins that you are holding is active or let say that the team are following their roadmap and really doing what the project should be.Because if not its useless.For me wallet is not important theimportant is you choose the right project that you can gain profit by shot or long term.Nowadays holding altcoins is not much advisable unlike before so much better if you gin profit from it sell it and try to look for the other one.
faceoff97 (OP)
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December 06, 2018, 12:38:52 PM
 #22

I prefer to hold all my altcoins in a single wallet with backup phrase like coinomi wallet and if I'm holding a certain token in large quantity them I can decide to use Gui wallet for pc
I think having multiple kind of wallet would be hassle, specially when using it in regular basis. I know that your concern is tge security of the funds, but maybe a wallet that could hold multiple kind of coin could still provide same level of security as lonf as it is open source and provides you the full control over your funds. Thank you for yout response, its still good to consider what you have said.
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December 06, 2018, 12:43:12 PM
 #23

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?
Another Hodler wallet recommendation.

Storing up significant coins basing on their platforms then I would much preferred on using up Ledger when it comes to hardware.

chairmanMao
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December 06, 2018, 12:51:15 PM
 #24

I don't think it's a good idea. I'd rather change all my altcoins into bitcoins. This year's altcoins disappointed me very much. I'm losing confidence in altcoins. I hope the market will turn better next year.

Docbee
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December 06, 2018, 01:01:01 PM
 #25

It is not a good idea, i prefer to keep my altcoin tokens in hardware wallet, hardware will serve the purpose of keeping your bitcoin and altcoins and hardware is safe for someone who is planning to hold for long.
faceoff97 (OP)
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December 06, 2018, 01:17:28 PM
 #26

It is not a good idea, i prefer to keep my altcoin tokens in hardware wallet, hardware will serve the purpose of keeping your bitcoin and altcoins and hardware is safe for someone who is planning to hold for long.
Hardware wallet would still be the best option and will totally agree on you, actually I pay attention to Hidler wallet since they also have Hardware wallet to be release on 2019. It could be a good option sinCE you mentioned that you prefer hardware wallet. Thank you for your response.
elusive1
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December 06, 2018, 01:23:10 PM
 #27

I don’t know how good this idea is, but if you like this multi-currency wallet, then you can continue to use it, although if I were asked for an opinion on this matter, I would say that it would be safer to use several different wallets to store a large number of assets.
treatWy
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December 06, 2018, 01:27:14 PM
 #28

Holding multiple altcoins is not bad rather it is good strategy to keep the potential ones. Timing is what the owner waiting for to play the market in proper time. Dividing the altcoins in different wallets is keeping if from one instant big lost. This is my opinion about this matter.

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Pamahaw
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December 06, 2018, 01:53:34 PM
 #29

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 would be safer if we will hold it on multiple wallets in case something bad happen to one of your wallet, you won't lose all your assets. Don't forgot to write down on paper all the private keys and not just storing it on hard drives.
bbenpieters
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December 06, 2018, 02:00:10 PM
 #30

I have them on diff kind of wallet
kier010
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December 06, 2018, 02:00:58 PM
 #31

i used a different wallet for my coins in bounty campaign and different wallet for coins i buy. i always do safety ways to secure my wallet and i never experienced any hacking.
cryptolord2077
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December 06, 2018, 02:08:00 PM
 #32

I think for convenience this is a completely normal idea, in the event that this wallet can really be trusted. Personally, I also prefer holding some coins, but on different wallets.
braves182
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December 06, 2018, 02:10:41 PM
 #33

Storing all currencies in one wallet is not the best idea, because in case of hacking or losing your password, you will lose everything at once, but it's convenient, all -  in one place . I have about 20 wallets and it is also inconvenient to store all the keys and passwords. Recently, I transferred half of the coins to the exchange, so that you can quickly sell in case of growth.

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Sultanar484
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December 06, 2018, 02:11:51 PM
 #34

I hold multiple coins but maximum ERC20 coins are in exchangers. I hold Bitcoin, Ethereum and XLM in blockchain wallet. Holding multiple coins are always good strategy because any coin can pump any time.

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December 06, 2018, 02:13:47 PM
 #35

I would also prefer holding multiple alt-coins,
Because they have a higher chance to gain profit even if some of them would be dump there would be other crypto that would be pump so it is much more safer.

Grim149x
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December 06, 2018, 02:15:11 PM
 #36

I honestly don't like holding multiple coins as it is not convenient for me. I will go for 3 for the max number of coins and tokens I own.

bittraffic
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December 06, 2018, 02:24:15 PM
 #37



I collect coins from the bounties I get up to now I still have them on my wallet and I don't even use any hardwallet but just the MEW. I don't think its really this necessary to have a hard wallet for it. Besides the total sum of my coins isn't worth keeping on a vault also buying a hardwallet is already expensive to me. I don't anyone can break my password or acquire my privatekey. I hope they really can't.
kubori102
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December 06, 2018, 04:13:18 PM
 #38

Personally I prefer to use Metamask purse because of the ease of use of good security especially it supports many of the hierarchical exchanges, which can be very secure transactions.
Salelo
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December 06, 2018, 04:38:25 PM
 #39

I don't think it's a good idea. I'd rather change all my altcoins into bitcoins. This year's altcoins disappointed me very much. I'm losing confidence in altcoins. I hope the market will turn better next year.
it seems that the disappointment this time is not only the altcoin, but the price of bitcoin also still continues fo fall in. I think this is all a matter of time. and when it's time to get up it will also improve

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December 06, 2018, 04:46:20 PM
 #40

I think it is very acceptable to keep on such wallets as MEW. Of course, if you store more than 200 ETH, then it is better to store on a cold wallet


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