Holding multiple altcoins

[Wyndesam]

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 use multiple wallets and do not see anything bad in it, there is a decent purses and that what you are using I know how good it is long-proven , but of course for the protection of cold wallets has no equal !

[fileo]

Using multiple wallet is more safety than using single wallet which one interfered all tokens will end. While when you store your coins into different wallet in case one wallet was hacked your other wallets are safe. Not all your tokens losses still you have some.

[Tahdayi]

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 use multiple wallets and do not see anything bad in it, there is a decent purses and that what you are using I know how good it is long-proven , but of course for the protection of cold wallets has no equal !

I would still recommend not to keep everything in one purse, it is better to store something on a cold or stock exchange , but only on the one that has already proven itself well !

[akeda]

Holding some coins is good, so when the price has gone up in the future you can get the maximum profit from the altcoins you hold, it would be better if you keep it in a different wallet so it is safer, because I think if it is placed in a wallet the same will certainly be bigger, so I think it would be better if you keep it in a different wallet for each of the altcoins you have

[princeyeboah]

There are more developments coming up in terms of multiple cryptocurrency wallets creation. Wallets like the Mixin app, supports multiple coins like ERC20, Stellar, Bitcoin, Waves etc. However, I prefer to keep my coins on separate wallets designed for each Blockchain coins.

[hoangkieu]

Holding too much coins will make your concentration be scattered and even you may miss the opportunity to sell them with the good price if you can't track it regularly

[jambul_kribo]

Holding some coins is good, so when the price has gone up in the future you can get the maximum profit from the altcoins you hold, it would be better if you keep it in a different wallet so it is safer, because I think if it is placed in a wallet the same will certainly be bigger, so I think it would be better if you keep it in a different wallet for each of the altcoins you have

if we have several coins in our portofolio it will help us avoid big losses if market suddenly crash.this is impossible if all of our portofolio crashing, one of them must gain profits so its value could stable.as investors we have to understand to avoid big loss in market , and one of technique was diversify our asset, or holding multiple coins.

[maulana rifai]

Holding too much coins will make your concentration be scattered and even you may miss the opportunity to sell them with the good price if you can't track it regularly

I suggest holding a coin is not too much, it's better to choose coins that have a bright future and have good selling points. so that in controlling growth the price can be meticulous.

[budakjawa]

Holding too much coins will make your concentration be scattered and even you may miss the opportunity to sell them with the good price if you can't track it regularly

and maybe for them to hold lots of coins, the more chances they get, so they hold a lot of Altcoin. if you hold a lot of Altcoin, of course you have to be able to monitor all the coins that you hold so that you don't lose good moments and you have to monitor their movements often.
Altcoin can give good results so you hold a lot of things, you have to be good at managing, so you can get more profits.

[Adhichan]

Holding too much coins will make your concentration be scattered and even you may miss the opportunity to sell them with the good price if you can't track it regularly

I suggest holding a coin is not too much, it's better to choose coins that have a bright future and have good selling points. so that in controlling growth the price can be meticulous.

we have to be very selective while choosing coins as our assets or portofolio.just take coins/project that we totally understand their plann in future.especially take them some from top cmc.

[Google+]

Using multiple wallet is more safety than using single wallet which one interfered all tokens will end. While when you store your coins into different wallet in case one wallet was hacked your other wallets are safe. Not all your tokens losses still you have some.

the method that you use is correct, by dividing the coins that you have in some wallets it will make you minimize losses when your wallet has been phished or hacked, and my advice is that you must carefully store assets and private keys from your wallet.

[Koobtcgal]

Holding multiple altcoins to me is the best strategy because it is known to be a good practice to divide your funds into smaller divisions than to hold one single token or coin. At least all altcoins do not crash one day. Some start before the other and in which case, you get advantage by withdrawing those with profits.

[ongkok87]

it's a better way to get a big profit because if you hold a lot of high-potential altcoins it will be very profitable for us in the long term. because the altcoin promises results

[spike420211]

Multicurrency wallets are convenient. However, do not forget that any (ANY) wallet can be hacked, it all depends on the level of capabilities of hackers that we may not even be aware of. Use different wallets to reduce risks.

[iMark]

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.

Agree with you, especially the altcoins that are suitable for short term will certainly require a lot of time allocation to monitor,
holding a lot of altcoins will not be efficient for you, and not necessarily provide greater benefits, use only a few potential altcoins,

[randyg29]

Yes of course And  I think I would like to change my wallet even though I don't have much more holding currency in my wallet. And I  will invest my savings I am just waiting to increase their value to invest in some currencies that has the potential to grow this year to have more holding currency.

[Thyristor]

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.

We should be follow your tricks i mean your assets keep store in different wallet. Everything keep in one wallet this is very risky.
But too many wallets control is very difficult because many people lost their wallet private key. To using in Multiple wallet you have to must be back up in offline.    

[Kulitha]

In this bear market you should holding coins for long time. So I think it is more prefer to store coins on hardware wallet like ledger nano. If we using coins on online wallets it also more prefer to use multiple wallets(MEW).

[ringgo96]

Holding lots of altcoins in my opinion is not a problem and indeed this can be an advantage if indeed we are not wrong in choosing the altcoin that we currently choose as an investment

[prororo]

Of course there are many people who like to save in a single wallet but I prefer to save in a multiple wallet because I can forget it and be able to calm down without checking the price.