Holding multiple altcoins

[dabenko]

One of the wallets I have always craved for are multiple wallets.
On coming across HODL, I was excited because it solves the problem.
In a way, I also thought of the risk attached to having every of my assets in one wallet, because there is no wallet that is 100% secured, unlike hardware wallet.

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[canaveralnonie]

One of the wallets I have always craved for are multiple wallets.
On coming across HODL, I was excited because it solves the problem.
In a way, I also thought of the risk attached to having every of my assets in one wallet, because there is no wallet that is 100% secured, unlike hardware wallet.

Even hardware wallet is not 100 percent safe, but having a multiple wallet is good.

When in comes of holding multiple altcoins, it sucks on this days because some altcoins is easy to die ( because the main team or admins of specific project don't want to resume it, for the reason that they already have the collected funds in different investors around the world ) . Except the top 100 alternative coins at least.

[Wend]

You can holding multiple altcoin kinds on your wallet, but you have be careful with your asset excatly erc20 token asset, many investor and bounty campaign participants have lost their asset save at myetherwalet because use phising website when access to their wallet.

Yes they are have a phising site as same of MyEtherwallet so that we need to be careful if we want to hold our altcoins in any different wallet. For me ill choose for now hold my altcoins it's on MyEtherwallet and i dont have any problem on that if ill hold them.

[AristoteI]

In my opinion, the best and safest option for storing all types of cryptocurrencies are hardware wallets. They were specially developed for these purposes, and now they support a huge amount of different currencies that you can keep with them. Buy your own wallet and it will solve all your problems.

[Beldon]

Saving a number of altcoins is good, because in the future it will certainly get more maximum profits, but of course saving it must be with the right wallet, choosing a wallet with hardware is correct because of course our coins will be safer if stored in the wallet

[dodgecharger]

I like to store my digital currency assets in multiple wallets, and spread them across different exchanges. A deal was hacked a few days ago, and this plan reduced my losses.

[Rambukwelle]

If Someone not using hardware wallets , the ideal strategy is to use multiple wallets to store the coins/tokens. It will minimize the potential damage which can occur due to any kind of hacking.

[glendall]

yes, I also like the same thing as you,
store assets in one wallet simultaneously,
because for me storing lots of assets in different wallets just makes me confused,
only, which is a problem if our wallet is lost or we forget all of our assets will also disappear.
so we must be very careful when storing assets, let alone store them in the same wallet.

[faceoff97]

yes, I also like the same thing as you,
store assets in one wallet simultaneously,
because for me storing lots of assets in different wallets just makes me confused,
only, which is a problem if our wallet is lost or we forget all of our assets will also disappear.
so we must be very careful when storing assets, let alone store them in the same wallet.

Great, This wallet also could import to another wallet. I just recently decided to export my wallet from jaxx to Hodler, I want to make my investment activity more convenient which transferring all wallet into one software.

[BigBos]

to be honest, I saved a few coins in several wallets. well, I've collected all the assets that I have in one wallet, and guess what happened? well, all my assets are stolen by someone. because of that, I took the initiative to save some of my assets in several wallets, so that didn't really make me worry, even though it was very difficult to manage.

[Gatsby club]

Usually, a hardware wallet may be quite suitable for these purposes, but very often there are coins whose storage is not supported by any of the existing types of hardware wallets, in which case you must use separate wallets for each type of asset. This is not as convenient as using a hardware wallet, but we have no choice.

[cajuelan]

I prefer multiple and different wallets, For me its safe and it lessen the chance to compromised by someone.

[perla]

I prefer multiple and different wallets, For me its safe and it lessen the chance to compromised by someone.

If save in multiple wallets so we must pay more for fee, but actually it is good enough because if 1 get hacked (hope not happen with all of us) we still have money left and not loss everything.

[jofox]

it's just simple to earn a lot of coin and preparation for the grow of btc in this year probably 

[X-ray]

I prefer to store my coins in a variety of different places and a variety of different wallets. One reason is that I don't fully trust myself not to do something stupid and lose the key, so the danger is mitigated if I spread things out a bit .

That's right. Situations can be different, from our mistake to some kind of misunderstanding as a result of which we lose or open access to our private keys. It is better to divide the risks, but not into too many parts, otherwise they will be difficult to manage.

Never try to put all of your fruits in the same basket and that should be our main thing to be remember before we wanna invest in the cryptocurrency. Cryptocurrency is about open platform that still not yet regulated and  how safe the amount will be determine by the owners and not other party.

[oppo070]

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?

Basically it was just the first time I saw that platform you use that store opensource cryptocurrency and wallet. Well, what about the security of that application or website? Do you personally hold the private keys of the wallet address that you've created there? I want to know so I can create another wallet.

[futureofeth]

It is always good to invest in different multiple coins because the fluctuation of the market will hugely impact on single holding. You need to hold the coin in the different wallet which will help you to be in safe hands because many exchanges are being hacked. Holding multiple coins is always the right choice.

[SinLinJim]

I keep coins in different wallets, thus reducing the risk of hacking. Another thing is that there are very few good coins left to remain for a long time.

[TradingIsBreath]

I'd prefer to hold it with a muticurrency wallet like ledger nano s.

It is convenient if most of the coins you hold can be stored within a single wallet which is trusted and reliable. I have seen that hodler wallet ran a signature campaign here but I still prefer to stay with ledger nano s.

Exactly, I prefer using Trezor ot ledger nano s as we have used them and are trusted.

Trezor

Trezor is a hardware Bitcoin wallet which also acts like a USB device, which operates on “Zero Trust Approach”, which minimizes the compromise by a third party. It is one of the best multi cryptocurrency wallets.

Trezor is protected by a PIN and provides you with recovery seed if your wallet is stolen or lost. It is specifically a Bitcoin wallet but supports 14 other cryptocurrencies. It has an easy-to-use interface and saves from hacking and thefts by their difficult protection PIN.

Just that it limits its communication with other devices. When the USB device isn’t connected, it’s turned off.

More info on top wallets: https://coinswitch.co/news/top-10-multi-cryptocurrency-wallets-2019

[Opnsrc]

Holding multiple cryptocurrencies is my preferred choice, because this way I am multiplying the chance of earning, and also decreasing the risks. There are so many altcoins which have a good potential and deserve holding, and that's the best time to buy more of these coins since the prices nowadays are cheap.

It is always better to hold many altcoins. If one or two tokens fall, you also have a chance to earn on the growth of the other cryptocurrencies. I know the guys, who have more than 100 alts, but I hold about 20 of them now