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Author Topic: Holding multiple altcoins  (Read 24674 times)
Turkish88
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December 06, 2018, 04:46:29 PM
 #41

Better keep private keys of blockhains, where your coins stored.
Because with private keys you can access to your coin on any wallet software

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DiceChain
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December 06, 2018, 05:13:51 PM
Last edit: December 06, 2018, 05:23:59 PM by DiceChain
 #42

I am using multiwallet because i think it is the best rather than single kind of wallet.Because i was victim of hacking last year.Now am using ledger nano s.So you can use it. But always be safe while using wallet. Dont publish or save your private key in your social media site.
LukkasG
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December 06, 2018, 07:52:43 PM
 #43

Most of my funds I store on my Cold Wallet. Also, I am holding some part on ERC20 and NEO tokens on MEW and Neon. And finally, I keep some small part of my tokens on exchanges for daily trading.
Yarex
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December 06, 2018, 10:09:04 PM
 #44

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?

No matter how reliable a wallet is, there is always a chance that hackers can steal your key or otherwise take possession of it. I prefer not to keep all my coins in one wallet. I keep them in dozens of different wallets.
Russlenat
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December 06, 2018, 11:44:06 PM
 #45

All I have for ERC20 tokens is just MyEtherWallet, I don't try any wallet because I trusted MEW fro a long time and I think it is enough for me to focus of its uses and security.

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Clark05
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December 06, 2018, 11:52:10 PM
 #46

If you holding different kinds of altcoins better if you seperating it into different wallets because for sure once other wallet hack by the hacker you can have other wallet that have coins it is safe practice to prevent losing all of your coins.
zhea
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December 07, 2018, 12:20:50 AM
 #47

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?
If you have different kind of coins, it is better to to store it in multiple wallets. With my experience where i store my ERC20 tokens in MEW, so far i have no problem with it though i have to take good care of my private addresses very well, have to keep it in my cabinet.
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December 07, 2018, 12:40:59 AM
 #48

For the altcoins that is not stable and good for daily trading, I put it on my desktop wallet and ecncrypt it. But for those altcoins that I really want to hold for long term and cannot be touch or trade, I personally put it on a paper wallet and store it safe.

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maculeth
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December 07, 2018, 12:52:00 AM
 #49

if in my opinion, it's better to hodl two or more types of altcoins. because the decline or increase in the altcoin value in the market is not the same. for example when Ether falls, not necessarily the ripple or cardano also falls. so we can still take profits when one of our coins decreases but the other coins increase.

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Sadari3
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December 07, 2018, 01:01:36 AM
 #50

the most important thing is the security of the wallet so that it is safe from hacking, now I only use myetherwallet because I only have a few ERC20 tokens but if later I have a lot of tokens I will save it in multi wallet to secure assets.
faceoff97 (OP)
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December 07, 2018, 02:13:17 AM
 #51

the most important thing is the security of the wallet so that it is safe from hacking, now I only use myetherwallet because I only have a few ERC20 tokens but if later I have a lot of tokens I will save it in multi wallet to secure assets.
Agree, this is the main concern. As long as our funds are safe and nobody has control over it, then maybe we could consider it as the best option. Thank you for your response, I like that you mention using a multiwallet, Im actually using Hodler multiwallet. You might also consider to use it when you decide to have more token. So far, this wallet is the only opensource I found.
kipoel
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December 07, 2018, 02:38:35 AM
 #52

I do have a hold on several different kind of coins/tokens.
And i prefer to split them into several different wallet. Just for safety precaution.
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December 07, 2018, 03:15:04 AM
 #53

it's a good idea, while waiting for price increases on the exchange, we better use a safer wallet. so we don't worry about the security of our coins or tokens.
ranggenga
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December 07, 2018, 03:22:18 AM
 #54

For security reason, i think everyone need to keep their coins into different wallet each, even though it would makes the fee for the transaction increase. but it will be safer to put it into different wallet for every coins. But if we had hardware wallet, then it would be better to keep our coin safe.
bayu7adi
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December 07, 2018, 03:25:33 AM
 #55

Whether you promote a particular wallet or not, I don't care, but your advice is correct. Saving many types of tokens in one wallet makes it easy for us to control all the altcoins we have
we don't need to check multiple wallets to make sure our coins are safe, just one wallet, but make sure the security level is extraordinary so that it isn't hacked
Dilireba
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December 07, 2018, 03:26:28 AM
 #56

I prefer to hold multiple coins in multiple wallets, i use desktop wallet, hardware wallet and online wallet. Holding my coins in multiple wallets is good, i feel safe of it, reduce my loss if one of my wallet hacked.

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libert19
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December 07, 2018, 03:52:08 AM
 #57

It does not make sense to keep everything on one single wallet, because if you would get tricked, you will lose everything. Never forget to use the diversification and to hold your coins on different wallets and different exchanges.

On exchanges? I would never trust them no matter how highly trusted they are, they can get hacked too.

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bryant.coleman
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December 07, 2018, 04:18:06 AM
 #58

Depends on the total value of your tokens. If the value is something like $5,000 or $10,000, then I won't advice you to store them in an open source wallet such as MEW. Better to use a hardware wallet.
andika2018
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December 07, 2018, 05:58:18 AM
 #59

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 diversify my investment in several coin. It can reducing risk in bear market like what happen right now. Some coin that i hold drop the price and my portfolio drop too but few coin that hold gain in this bear market, but not gain againts US Dollar, its gain againts bitcoin
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December 07, 2018, 07:47:06 AM
 #60

I don't think I should invest now. The decline in cryptocurrency is not over yet. The market is usually extreme. When it rises, it will rise sharply, so you should wait, when the bear market ends, this is the best time to invest in the cryptocurrency market.

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