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Author Topic: Holding multiple altcoins  (Read 24730 times)
uelque
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December 26, 2018, 01:09:30 PM
 #181

I sometimes hold coins inside a secure exchange platform which is highly reputable. One that already prove that their platform is one of the most secure platform online. And for the proof, nothing bad happens still luckily.  Cheesy

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December 26, 2018, 05:45:56 PM
 #182

The project has long ended and it was successful. I could remember participating in the airdrop.
Hodling one's coins in so many wallets had a lot of benefits, compared to using different wallets which can make things look bogus. One of the benefits and which I will always hold unto is that it saves a lot if resources and whatever resources you cab  think of.
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December 26, 2018, 05:52:57 PM
 #183

Holding multiple coins isn't that easy.
On the one hand you have to store them properly and on the other hand there must be special wallet for such altcoins. Another point to consider is your time management to follow each trading pair

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December 26, 2018, 05:53:54 PM
 #184

Its depend on some kind of coin am holding but I prefer a very same wallet with different coin like coinomi wallet which support most coin with erc20 token and btc too and is very secure wallet if the passphrase is not compromise. And aso like erc20 compatible wallet for all erc20 token .
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December 26, 2018, 05:56:28 PM
 #185

I want to believe that in the end a long hold will lead us to victory. To be honest, I'm already tired, I think I need to rest like the majority in this forum. the market has been in decline for too long.
renlarino
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December 26, 2018, 06:26:04 PM
 #186

Before I stored my altcoins in myetherwallet but it was hacked. Now I place my altcoins in secure trading platforms like bittrex, binance. So far so good

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December 27, 2018, 11:56:05 PM
 #187

I hold my coins on a hard wallet, Ledger Nano S. There are big discounts on it several time a year. The last one was on
black Friday and it was only $50. It is better to invest into the security rather than cry later.

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December 28, 2018, 02:02:16 AM
 #188

I like to buy in different altcoins, which can diversify the risk of investment. I use the IMTOKEN wallet software most often for easy transfer and collection.

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December 28, 2018, 02:08:57 AM
 #189

Holding multiple Altcoin is actually diversifying and it is good!  Open source multi-wallet is a good idea but my concern as always is security!  I will rather have my assets not kept in such manner!

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December 28, 2018, 02:18:16 AM
 #190

Holding a number of altcoins of course will give you many benefits for the future, but you must be more careful in holding some of your assets, choose a safe wallet to save your assets in the future.
deredevil
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December 28, 2018, 03:34:24 AM
 #191

Investment diversification is a very good strategy to implement. To be able to create income consistently and get more amount, investment in more than one altcoin is needed. The growth of altcoin is currently quite intense to be able to continue to be active and compete with other coins. So that it will provide promising hope for the results of developing the value of coins.

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December 28, 2018, 10:50:06 AM
 #192

Holding a number of altcoins of course will give you many benefits for the future, but you must be more careful in holding some of your assets, choose a safe wallet to save your assets in the future.
Holding number of different coins will help any investor for not missing out any possible opportunities. It means diversification is always good because you will be covering all your known opportunities. But managing them effectively for securing them and watching them for making decision for selling kind of things are big hassles for any investor but by practice we can make it easy over the time.

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Masatos
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December 28, 2018, 10:56:26 AM
 #193

I think that you need to invest your money in only one cryptocurrency and remain faithful to her and not to have a lot of currencies and nothing in them

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December 28, 2018, 11:00:35 AM
 #194

Yes, of course, just as you are the author, and you need to act because it is maximally comfortable to store cryptocurrency in powerful wallets

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December 28, 2018, 11:13:17 AM
 #195

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?
Now I am using ERC20 wallet , I think it is good to store different coins and it is very secure if you do not give your private to anyone, but if you hold  a large amount of coins, keeping it in different wallets  is always a good idea

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December 28, 2018, 11:17:31 AM
 #196

I think that you need to invest your money in only one cryptocurrency and remain faithful to her and not to have a lot of currencies and nothing in them
Investing all your money into a cryptocurrency is not a good idea, if you do so, your risk will be very high if the price of that currency falls! Do not ever do so if you invest a large amount of money

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December 28, 2018, 11:21:58 AM
 #197

I like this wallet as well as you, but I use Myetherwallet, this is a very convenient wallet!

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December 28, 2018, 11:24:36 AM
 #198

Holding multiple altcoins can lead to a positive outcome of having a potential coins. For example, if you are holding about 20 different coins, there would be atleast one that has a good market value in the future and if that happens, you would be so lucky.
zoeylee
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December 28, 2018, 11:27:40 AM
 #199

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 think it will be much safer if you will diversified your coins into different wallet. We can't be sure that you may lose your private key or got into phishing sites at least you still have the other wallet. That you will not lose all of your coins.

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December 28, 2018, 11:53:09 AM
 #200

Holding multiple altcoins can lead to a positive outcome of having a potential coins. For example, if you are holding about 20 different coins, there would be atleast one that has a good market value in the future and if that happens, you would be so lucky.
And other coins will not have the same fate, it is impossible for the 20 coins held will be good on the market. It's better to hold just a few big potential coins so as not to lose a lot of money.
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