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Author Topic: Holding multiple altcoins  (Read 24672 times)
asriloni
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February 07, 2019, 11:04:01 PM
 #401

I think that there should not be too many altcoins in the portfolio. I think it is optimal to have 5 altcoins. In some cases, you can have 10 altcoins. 10 altcoins are the maximum coins that can be in your portfolio.
You will be so difficult yo manage all of your coins. That looks so difficult to determine which is the best altcoin and in this case we are talking about the possibility to decrease the risk and increase the benefit that we can get from our portfolios.

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February 07, 2019, 11:19:39 PM
 #402

I use multi-wallet which in my opinion is very good because everyone must have lots of coins. And the wallet that I believe so far is Myetherwallet. And I don't only use one wallet but several wallets. Because in my opinion it's very important and so my coins aren't easily stolen by people.
I think this is a good way to reduce the risk of losing because of hacking, but for bounty hunters like me it's still not necessary because the assets that I have are not many but if you are an investor or someone who has lots of assets then you have to do it

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February 07, 2019, 11:35:26 PM
 #403

I use multi-wallet which in my opinion is very good because everyone must have lots of coins. And the wallet that I believe so far is Myetherwallet. And I don't only use one wallet but several wallets. Because in my opinion it's very important and so my coins aren't easily stolen by people.
I think this is a good way to reduce the risk of losing because of hacking, but for bounty hunters like me it's still not necessary because the assets that I have are not many but if you are an investor or someone who has lots of assets then you have to do it
Everyone who plays an active role in the world of digital currency needs to pay attention to the issue of security against the assets they have. it is a necessity because the risk when we choose the safe wallet is that we can lose the assets we have. Many wallet services are available, but for me, the official wallet of each coin is the best.
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February 07, 2019, 11:41:35 PM
 #404

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?


Surely in different wallets, diversify your assets in different secure places, secure hardware wallets is my choice on the current period.
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February 07, 2019, 11:56:12 PM
 #405

I am just trying to imagine that, if I should hold my coins in a single wallet, don't I stand the risk of losing everything at once?
I always believe in diversification. Not just in investment, but also in keep my assets secured.
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February 07, 2019, 11:59:38 PM
 #406

from the beginning of 2018 I held a coin ICO. from the beginning of 2018 I held a lot of ICO coins. And I prefer to share a number of coins in different wallets, based on the price, to make it easier to remember, because I'm a forgetful person.

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akram143
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February 08, 2019, 01:06:54 AM
 #407

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?


Holding multiple coins is there right way for me because if you trust the only one currency for your long term investment and savings for your future generation will not be recommended for anyone at anytime so if you have multiple investment then it will be the right idea for getting your investment if anything will last then the other investment will take you to the profit.

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February 08, 2019, 02:46:27 AM
 #408

from the beginning of 2018 I held a coin ICO. from the beginning of 2018 I held a lot of ICO coins. And I prefer to share a number of coins in different wallets, based on the price, to make it easier to remember, because I'm a forgetful person.
We can have greater chance to trade at higher price in the market once each coins increase at profitable value. Just trust your holding and don't be panic when some glitches of fluctuations might occur due to market down fall. Learn how to control your fears and have a braver heart because that will make us stronger as we faced challenges towards cryptocurrency.
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February 08, 2019, 02:54:54 AM
 #409

from the beginning of 2018 I held a coin ICO. from the beginning of 2018 I held a lot of ICO coins. And I prefer to share a number of coins in different wallets, based on the price, to make it easier to remember, because I'm a forgetful person.
We can have greater chance to trade at higher price in the market once each coins increase at profitable value. Just trust your holding and don't be panic when some glitches of fluctuations might occur due to market down fall. Learn how to control your fears and have a braver heart because that will make us stronger as we faced challenges towards cryptocurrency.

That is the coolest and only option in this current situation, hold and continue holding. Bravier heart is not needed, all you need is a smart mind with full of wisdom and positivity. It will be good to do other things while waiting, like investing in other market than crypto market.
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February 08, 2019, 03:12:27 AM
 #410

Holding multiple altcoins is indeed better, so in the future you can get maximum results too, it would be better if you also save it in several different wallets because I think this is definitely safer


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February 08, 2019, 03:18:31 AM
 #411

from the beginning of 2018 I held a coin ICO. from the beginning of 2018 I held a lot of ICO coins. And I prefer to share a number of coins in different wallets, based on the price, to make it easier to remember, because I'm a forgetful person.
We can have greater chance to trade at higher price in the market once each coins increase at profitable value. Just trust your holding and don't be panic when some glitches of fluctuations might occur due to market down fall. Learn how to control your fears and have a braver heart because that will make us stronger as we faced challenges towards cryptocurrency.

That is the coolest and only option in this current situation, hold and continue holding. Bravier heart is not needed, all you need is a smart mind with full of wisdom and positivity. It will be good to do other things while waiting, like investing in other market than crypto market.
if we scare our assets value decrease we should not sell it.just holding and holding till market recovered.by holding has risk too if price continuesly moves down sharply.and also understanding our psychology when holding coins in bearish trend suitable for us or not.
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February 08, 2019, 03:24:15 AM
 #412

Holding not just one coin is very good because we can have many opportunities to get big profits. Now I hold more coins from the Bounty project. Under current market conditions, it does not support coin sales. And must be patient until the market can rise again.
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February 08, 2019, 03:27:23 AM
 #413

For me it would be better to hold altcoins with potential and even if this is the price of altcoins and the market is down as I think it's good to buy altcoin now longterm you do not have to worry about if the price of the coin is over as you wait and do not panic because it affects you if you think you're going to do something that will make you lose a lot of money because it's so expensive to just avoid the best way to buy a coin with a potential and just hold it's up to the bitcoin's price to increase your profi and know that other people can afford to buy altcoin with the potential like xrp that knows the coin with the potential.

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February 08, 2019, 03:28:55 AM
 #414

Holding not just one coin is very good because we can have many opportunities to get big profits.
It's only possible if you are holding a good coin that has the potential to grow like 10 times or more.
This is also somehow risky since you put all your trust in one coin and you should consider it's chance to fail, that's why for me, I'd rather
go with diversifying my investment as it's the only way to minimize the risk.

Even with bitcoin, I would not go all in.

Now I hold more coins from the Bounty project. Under current market conditions, it does not support coin sales.
And must be patient until the market can rise again.

Bounty coins are honestly not a performer coin right now, but your idea to hold is good as we cannot judge its future.
Who knows, you'll make a fortune out of it.

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February 08, 2019, 05:18:02 AM
 #415

I like to invest in a variety of digital currencies. The most frequently used cryptocurrency wallet is IMTOKEN, which is very convenient and quick to transfer.
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February 08, 2019, 05:23:25 AM
 #416

Keeping too many coins is a sensible option, but spreading too much coins will also lose control. This can make it difficult to catch some profit or loss points.
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February 08, 2019, 05:29:22 AM
 #417

I like to invest in a variety of digital currencies. The most frequently used cryptocurrency wallet is IMTOKEN, which is very convenient and quick to transfer.
many of them use some Altcoin, and the choice of coins you mentioned is indeed a good coin.

they chose Altcoin because he has a low value and if those who have little capital can buy it and now many coins fall. many choices are made to invest and according to individual tastes because according to them the choice of coins is the best, which is clear before choosing it you must know as much as possible about it.

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February 08, 2019, 06:55:31 AM
 #418

I personally hold more than 15 different types of cryptocurrency and I keep them safe in a multi wallet called coinomi ,it support more than 100 types of coins and it has inbuilt exchanges too like shapeshift and changelly ,I believe holding more altcoins will someday bring better profit ,I'm just avoiding putting all my eggs in one basket

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February 08, 2019, 07:03:04 AM
 #419

Is good to save in multi purpose wallet which has a personal control key for safety reason and can be use anytime with rest of mind that it will be erc20 and other coin supporting wallet , but deciding on kind of token or coin to buy and store is base on personal decision but the wallet will be a very good one.
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February 08, 2019, 08:04:27 AM
 #420

I think storing in a universal wallet and separate wallets is good.
But both have their advantages and disadvantages.
The advantage of holding in a universal wallet are:
The ease of logging to the wallet and carry out transactions  .
It's not time consuming and tiring.
At a glance ,you can take cognizance of your holdings.
While the disadvantage is that you can loose all your coins if you mistakenly lost or misplace your private keys etc

Advantages of storing using separate wallets;
Whatever affects one coin cannot affect all others.
The loss of your private key cannot mean the loss of other coins because they are in different wallets.

Disadvantages

It's time consuming.
You won't be able to know the amount of your holdings at a glance.

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