Holding multiple altcoins

[fauzainferdy]

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.

exactly, because using myetherwallet can be quite practical, because it is an online wallet that can be used anywhere and anytime. everyone also likes it and on average they definitely use it too

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[erkan.camli]

Wallets in the PC or phone environment is very likely to be seized. As an application I prefer EIDOO. Simple to use and understandable. It doesn't make sense to keep all the coins in a single wallet. I think you should distribute it to a few wallets. Thus, we reduce the risk.

[calya]

Wallets in the PC or phone environment is very likely to be seized. As an application I prefer EIDOO. Simple to use and understandable. It doesn't make sense to keep all the coins in a single wallet. I think you should distribute it to a few wallets. Thus, we reduce the risk.

today many mobile wallet for cryptocurrency, and as crypto holder we should becarefull choosing one of them.it has possibility one of this application was virus that will stole our balance in wallet.

[Metall303]

Wallets in the PC or phone environment is very likely to be seized. As an application I prefer EIDOO. Simple to use and understandable. It doesn't make sense to keep all the coins in a single wallet. I think you should distribute it to a few wallets. Thus, we reduce the risk.

today many mobile wallet for cryptocurrency, and as crypto holder we should becarefull choosing one of them.it has possibility one of this application was virus that will stole our balance in wallet.

At the moment you have to be 1000 percent careful because hackers are now using very serious scams to steal your money. The most optimal way is to hold your money in cold wallets. or on several exchanges and few hot wallets. then you will be in safe

[andeluna]

Holding multiple altcoin is a good strategy because you will have a greater chance of earning more rather than storing all your eggs in one basket.

[Convery]

Wallets in the PC or phone environment is very likely to be seized. As an application I prefer EIDOO. Simple to use and understandable. It doesn't make sense to keep all the coins in a single wallet. I think you should distribute it to a few wallets. Thus, we reduce the risk.

today many mobile wallet for cryptocurrency, and as crypto holder we should becarefull choosing one of them.it has possibility one of this application was virus that will stole our balance in wallet.

At the moment you have to be 1000 percent careful because hackers are now using very serious scams to steal your money. The most optimal way is to hold your money in cold wallets. or on several exchanges and few hot wallets. then you will be in safe

I have heard about cold wallet, but havent heard about hot wallet . What does it mean? The most downloaded wallet is a hot wallet or?

[starplaks]

I have mostly erc20 tokens on my wallet, so it doesn’t bother me that they are on the same wallet!

[carlosvaldes]

I also have  a lot of tokens in a wallet.But I know that it does have some risks. Because if I lose my private key I will lose all.So I am thinking about decentralized storage now.

[makerst]

Believe now from this makes no sense. I think that in the future, the meaning will only decrease, but this will occur until a certain moment, until people stop using fiat money and understand the value of cryptocurrency.

[malphite534]

It is good to hold multiple altcoins if this altcoins is under by bitcoin because other altcoins get dump even the price of bitcoin keep pumping bitcoin i suggest ETH,LTC and XRP is good to hold also.

[Muzika]

Believe now from this makes no sense. I think that in the future, the meaning will only decrease, but this will occur until a certain moment, until people stop using fiat money and understand the value of cryptocurrency.

there is nothing wrong holding multiple alts in your wallet, it is only risky because the value of a coin might not go higher compare to the value of it after acquiring that is why it is better to convert it to a much stable coin in the market.

[mammoniter]

Personally I hold my different coins in a single wallet because its easier and more convenient for me. There are also disadvantage of that practice because the safety of your coins are being compromise. When that wallet hacked, all your coins will go away with it. Unlike from storing it in different wallet, when one wallet is hacked, the others are still safe.

[faceoff97]

Personally I hold my different coins in a single wallet because its easier and more convenient for me. There are also disadvantage of that practice because the safety of your coins are being compromise. When that wallet hacked, all your coins will go away with it. Unlike from storing it in different wallet, when one wallet is hacked, the others are still safe.

Having one wallet is the most easiest way to invest, just make sure that the wallet you are using is safe enough to  store all your funds. I'm using an open source wallet called Hodler, this gives me full control of my funds since I have my private key. I also prefer this since I can make multiple accounts in one wallet so if anyone tried to get my funds I have my other funds in my other account.

[mutrang23]

I think this is not good and great. Hodl too many different Altcoin will make you break down your investment, and you also break down your success so you will take more risks. I think it's best to choose only 3-5 different Altcoin.

[yarelydiaz]

Asset diversification is very good, on the one hand, but if we are talking about crypto, here is another mechanic. I have seen many examples on cryptocompare or similar websites. Usually, the portfolio is not more than 5-10 altcoins.
p.s. With regards to "Hodler", it's hard to say, I use the metamask (if we talk about ETH and tokens) and I am absolutely satisfied.

[zachyboy090118]

Multiple is a good idea it prevent losing your investment in just one blink. You can determine if your wallet crushing so if you put it in a single wallet then its a good bye for your coins. So if you distributed your assets in different wallet one one of them crush or hacked so still you have a coins. Must prefer with multiple wallet.

[entebah]

In my opinion while you have good capital funds to buy lots of Altcoin and hold for high prices is a good idea, because if all prices go up automatically you will have a large profit from the Altcoin you have.

[Crypto one]

I prefer to hold the crypto I own in my own wallets. If possible I choose my ledger as wallet, if the altcoins don't have ledger support then I use the altcoins official wallet. But that depends on what I want to do with the crypto, if my plan are to sell again fast within a few days or weeks, I just keep the coin on the exchange.

[investtra]

Holding lots of Altcoins must, of course, be stored in a secure wallet. And so far I feel safe saving on MEW. As long as we can store the password for the password correctly, I am very safe from hacking. And holding more coins will certainly provide many benefits.

[FUD Expert]

I sense a great risk on holding multiple altcoins. When you don't have a lot of time to install their specific wallets and check them everyday, you will decide later on that you will just leave them on exchange one day. And there's hacking or exit scam that is very often to happen. So it's better just to have 4-5 altcoins in my opinion.