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Author Topic: Holding multiple altcoins  (Read 24673 times)
jyotianand01
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March 27, 2019, 11:41:31 AM
 #721

I prefer to hold my multiple coins in my trazor hardware wallet and if you are not a trader then always hold your coins in any hardware wallet as those wallets are full proof and if do some trading then you can hold trading coins in the exchange wallet.


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Dilladupak
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March 27, 2019, 11:44:42 AM
 #722

I also hold lots of coins but most of them are stored in my personal wallet and some of me remain in the altcoin that I trade in a short time.
logisticalmother
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March 27, 2019, 12:53:46 PM
 #723

it is good if you have a different wallet that is safer because you can add security to your wallet if there is a wallet that is lazy we can use another wallet to be safer and I am the type of person who likes to buy lots of coins so that I really put my coins inside purse.
leslie4u
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March 27, 2019, 12:59:32 PM
 #724

It's a good thing to hold multiple coins in one wallet but then for security reasons, I would not keep all the eggs in one basket. Not saying that the current mechanism that is being offered by many vendors isn't trustworthy it's just the way I am. Max, I have few coins under Ledger h/w wallet but never everything there.

Cheers!
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March 27, 2019, 01:28:32 PM
 #725

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?

If you want to hold a huge amount of crypto then I think you should do it in a hard ware wallet like trezor or nano ledger .
They also support ETH and many other alt-coin so your crypto would surely be safe in it ,
Yes it isn't free but the price is worth it if you think about it what if you use a free wallet then your funds would be hack then you would just lose more money than buying hard ware wallet.

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Cryptosaja
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March 27, 2019, 01:37:51 PM
 #726

Actually it is very practical and easy when you combine all your coins in one wallet so that your coins are not scattered anywhere, whatever the type of wallet that is important is safe and comfortable from hacker interference
MBMauL
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March 27, 2019, 01:43:12 PM
 #727

Actually it is very practical and easy when you combine all your coins in one wallet so that your coins are not scattered anywhere, whatever the type of wallet that is important is safe and comfortable from hacker interference
It is thus highly risky against hackers. When all your assets combine to one that's very dangerous. I myself keep some altcoin me in the wallet. the most important not to lose access.

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tondenga2122
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March 27, 2019, 01:44:59 PM
 #728

Holding on hardware wallet is my recommendation, it is because more secure to store all your coins on this wallet.
Using web wallet will be very susceptible again phishing, so be careful when you store all your coins in 1 place.
BurstBurst
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March 27, 2019, 01:54:37 PM
 #729

a lot of wallets are good for your wallet but if you have lots of funds or lots of altcoins with potential you really have a wallet that is so secure that someone else can not access the most important wallet is your private hobby be careful and do not lose it because if it's lost you can not wallow your wallet most of the wealthy wallets especially if they have a lot of funds and altcoins with potentially large amounts and are the wallet that comes with it but they choose because There are also naranja nano as scams and have issues so they choose the more legit wallet.
sulendra12
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March 27, 2019, 02:07:45 PM
 #730

Yes it isn't free but the price is worth it if you think about it what if you use a free wallet then your funds would be hack then you would just lose more money than buying hard ware wallet.
There is nothing wrong with storing your money on desktop wallet as long as it is on your own computer, unless you are trying to store in web wallet than it's a different case.

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Quantum907
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March 27, 2019, 02:50:52 PM
 #731

A good strategy, with a multi-coin holding it makes our chances of getting big profits easier, the market is always unpredictable and holding one or two coins is difficult to profit.

Thank you
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March 27, 2019, 02:55:41 PM
 #732

I'm usually trying to get different altcoins to invest. I think it's a risky way to invest in just one altcoin. That's why I'm dividing my money and buying from different altcoins that I think will be rise  in the future.
Malam90
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March 27, 2019, 03:02:20 PM
 #733

I am a trader of altcoins in different exchangers. I am holding few altcoins but it is a matter of very pessimistic that all altcoins of mine are mostly valueless. Altcoins market is facing still down trend except for few coins. I am waiting and holding until it reaches to my capital.
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March 27, 2019, 03:12:38 PM
 #734

I'm usually trying to get different altcoins to invest. I think it's a risky way to invest in just one altcoin. That's why I'm dividing my money and buying from different altcoins that I think will be rise  in the future.

If you can make a lot of money with several types of Altcoin it will be better than you waiting for 1 coin with a long time and looking with an anxious heart because the decline is sure to happen. A good step in taking this action to buy some potentially large types of Altcoin.
holding multiple altcoins mean we distributed and diversify our asset in several place.and it will be very usefull in market if price rise or down.maybe one or two coins value decrease but another coins rise.it will make our investment more secure.
faceoff97 (OP)
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March 27, 2019, 11:39:17 PM
 #735

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?

If you want to hold a huge amount of crypto then I think you should do it in a hard ware wallet like trezor or nano ledger .
They also support ETH and many other alt-coin so your crypto would surely be safe in it ,
Yes it isn't free but the price is worth it if you think about it what if you use a free wallet then your funds would be hack then you would just lose more money than buying hard ware wallet.
Hodler also have their hardware version of wallet. You can read more about here: www.hodler.tech/pro It's the pro version and has really amazing feature compared to their Android and desktop version. This is best for larger volume of holdings, but if you have lesser investment, the free app is good to go.
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March 27, 2019, 11:42:32 PM
 #736

Its kinda regreting, when you see that the price of the specific altcoin is good then you prefer to hold it and  slap your face with dropping of their price.
That's why i'm gonna sell as soon as possible so that i wont regret at the nd

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faceoff97 (OP)
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March 27, 2019, 11:59:42 PM
 #737

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 holding only in 1 wallet, so i don't need to open 1 by 1 to send or to hold all my coins. Also i'm afraid i will forget about the wallet, so i just hold it only in 1 wallet, like buy trezor and stored all my coins into it. It's safe and don't need to afraid about hacker.
Yes. There are lot of multiasset wallet but be aware that most of them doesn't give you the fill control over your funds. Hodler is the only open source wallet that gives you full control over your private key. It's safe since you can publicly view any potential vulnerability of your funds. It's good to choose multiwallet but choose wallet that gives you full control and no third trusted party needed.
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March 28, 2019, 02:52:24 AM
 #738

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?

I prefer holding it in a single kind of wallet and in that case, I can easily look how much have I got profit, or how much I got as a loss for all of my coins. Having different kind of wallets is kind of burdensome for me because sometimes, I cannot manage all of my coins at once.

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March 28, 2019, 05:37:52 AM
 #739

I much prefer holding multiple coins in a single wallet as long as the private key are safe they are safe from hackers, and as of now especially in this market situation its better to hold because we cannot predict tthe future maybe our holding coins may have possible growth and if we may continue holding coins it will become profitable i guess.

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March 28, 2019, 05:55:27 AM
 #740

I thinkg holding multiple altcoins is the right thing when the market conditions are unstable, as we know that more than a year the market is red so if we only rely on one coin then we are difficult to profit.

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