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Author Topic: Holding multiple altcoins  (Read 24673 times)
itasannah
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February 08, 2019, 08:21:40 AM
 #421

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 hold several Altcoin in the ERC20 wallet. ERC20 is an Ethereum based wallet that is very safe. By holding lots of coins, we have more opportunities to profit. But with the current market conditions, it's better to keep holding coins and not sell them.
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February 09, 2019, 03:39:36 PM
 #422

If you think about it, then who needs altcoins today? I think that today it makes no sense at all. I think that all this is definitely not the right opinion about the long-term HOLD altcoins. I do not think that this time the wave will affect altcoins.
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February 09, 2019, 03:45:52 PM
 #423

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?
- snip -

of course its better to hold multiple cryptocurrencies in one wallet,, but, personally i never use that wallet called Hodler just like you said above  Wink
i use a hardware walled called ledger nano S to store my cryptoccurrencies my friend

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February 09, 2019, 03:54:18 PM
 #424

If you think about it, then who needs altcoins today?
Said a person that wearing signature campaign to earn some altcoins ^

I hold several Altcoin in the ERC20 wallet. ERC20 is an Ethereum based wallet that is very safe.
ERC20 is not a wallet and also I'm pretty sure you were talking about myetherwallet. Myetherwallet isn't safe either since you are storing your money in 3rd party site(which is a risky place to store your money).

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ObroQ
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February 10, 2019, 12:45:28 PM
 #425

i prefer to hold my crypto in different wallets. if i get hacked or something i try to minimize he loss this way.

it implies a little responsability to have all the wallets secure but it's fine
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February 10, 2019, 12:51:45 PM
 #426

It seems to me that today there is very positive news from the altcoins sector and those people who hold altcoins will have real opportunities to still make money on altcoins, because they start to increase capitalization very quickly.
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February 10, 2019, 12:55:41 PM
 #427

I depend on the type of coin. if the coin I want to hold is in one wallet, like btc, eth, xlm. all three types of coins are always together. so it's better that I hold it in one wallet. but, if the coin is in a different wallet, I will save it in several wallets.

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February 11, 2019, 03:48:47 AM
 #428

I think that it is not necessary obsse hranie altcoins. They need to be sold immediately after listing on the stock exchange. This is the best option.
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February 11, 2019, 03:58:03 AM
 #429

Holding multiple altcoins would be a really great way to reduce big losses because you can rely on other altcoins, but be sure that you are holding top coins.
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February 11, 2019, 04:11:54 AM
 #430

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?
- snip -

of course its better to hold multiple cryptocurrencies in one wallet,, but, personally i never use that wallet called Hodler just like you said above  Wink
i use a hardware walled called ledger nano S to store my cryptoccurrencies my friend
If you do care for your investment and you have huge money inside, it's preferred to use much safer wallets with good reputations, its common practice
that multiple alts have it's own time to rise so while waiting keeping it inside a wallet that more secured will give you peace of mind.
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February 11, 2019, 04:49:06 AM
 #431

I use coinomi to hold altcoins (as long as it supports of course). I have ledger too but considering the amount of altcoins in $ nowadays, I don't bother to use it.

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February 11, 2019, 05:09:33 AM
 #432

Multiple altcoins, in a single wallet. Why not? I have plenty of tokens to manage in my ethereum wallet and there is no such a great coin can do that!
Agree, I'm like you too. I keep a lot of altcoins in one wallet, myetherwallet. because I think it's safe enough to store it there
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February 11, 2019, 05:53:09 AM
 #433

Do you think, this is really good idea?

What's a good idea for me is that you are holding multiple accounts with zero or no alternate cryptocurrencies that will turn out to be a garbage coin. It's really really good idea if you have the top cryptocurrencies in your portfolio and hold them for long.

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February 11, 2019, 06:15:45 AM
 #434

Multiple altcoins, in a single wallet. Why not? I have plenty of tokens to manage in my ethereum wallet and there is no such a great coin can do that!
Agree, I'm like you too. I keep a lot of altcoins in one wallet, myetherwallet. because I think it's safe enough to store it there
for now myetherwallet is a good storage place so far and I also store a few Altcoin in my wallet. some people may have their own wallet of choice but I same with you guys, myetherwallet is a good choice for collecting some Altcoin there. Wink

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February 11, 2019, 06:45:25 AM
 #435

personally I also hold more than 1 coin, and that I have done since getting to know ICO. well, that's a pretty good thing, because we don't know the potential of a coin after the coin rises high. besides, I think those who know bounty also do the same thing, especially for investors.

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February 11, 2019, 06:49:19 AM
 #436

Holding multiple altcoin is a great idea, because more holdings has more chances to earn. Because different altcoin has a different features and a different volume in the market place. So even if one of the altcoin that we are holding is dropping we can still earn a huge amount of profit from the other altcoin that is really rising. So I think holding multiple altcoin has a great advantage and a great chance to earn.

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February 11, 2019, 06:51:20 AM
 #437

Do you think, this is really good idea?

What's a good idea for me is that you are holding multiple accounts with zero or no alternate cryptocurrencies that will turn out to be a garbage coin. It's really really good idea if you have the top cryptocurrencies in your portfolio and hold them for long.
I think if only relying on a few coins it would only make a loss, I would rather suggest having a potential coin, this is useful for making reserves for our assets.
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February 11, 2019, 07:18:54 AM
 #438

It actually depends on what type of the coin to be hold, why not getting a blockchain account for your bitcoin and myetherwallet for your Erc-20? What the ecense of have multiple wallet for holding tokens when a single wallet can do the same. Only careless people are worry about wallet being stolen.

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February 11, 2019, 07:25:05 AM
 #439

It seems to me that the best thing to do is of course have a few coins, in a wallet, if one of them falls, then there is hope for others that they will shoot.

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February 11, 2019, 04:54:47 PM
 #440

in my opinion storing several types of coins in one wallet is not a good idea, because if we lose the private key that we have then it can be easily taken by someone else and we will lose everything so that embedded deep regret
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