Holding multiple altcoins

[JeBro]

I think the best solution would be token storage on different wallets. Risks diversification will help in case of hacking a wallet or losing a password, or other unforeseen situations.

[steveabrahams]

I think the best solution would be token storage on different wallets. Risks diversification will help in case of hacking a wallet or losing a password, or other unforeseen situations.

Yep, it's a good way to prevent a hacker. So if 1 of your wallet got hack, all your coins not gone, only a little amount. If you don't want to hold multiple wallet, my advice is buy a hardware wallet like trezor to stored all your altcoins in 1 device and place it on safe place.

[imsotiredofmoviereboots]

Holding multiple was much more exciting and fun in a bull market and the reason why is because you don't have to hold them so much long and you will still see on of them pumping so hard. You'll just look at the top 30 gainers and see and say ' oh! it's one of my coins' then you sell it. But that's very risky if you do it on this year. Please just limit it 2-5 altcoins as possible because everything is still full of uncertainy.

[DarkIT]

actually, thinking about holding back multiple altcoins is a common thing. we don't know which coins will later develop in the future. well, based on my experience, I have had a few coins, the price of which has gone up for quite a long time. well, even though it's long enough, but it's very profitable.

[Crypt0BHunter]

Nice promo post, I like design and name of the wallet, but personally trust to hardware wallet like Ledger

[accesovip]

I also prefer to hold bitcoin and altcoins on hardware wallet, if some coins can't be hold an hardware wallet, i keep them on wallet encrypted.

[valek.bruno]

To keep a huge number of altcoins are of course really great opportunities, you understand what exactly these opportunities we can show with you today. I think that sooner or later the prices for altcoins will be raised again and again.

[agatha90]

So true. I also bought a lot of coins, some of them held in exchange and in ERC20 wallet. Because it's more simple to monitor all the coins that I have.

[MirclIX]

I keep a lot of coins in my wallet.
Some of them will bring me profit very soon, and some of the most promising I keep for the long term.
If you have a lot of different coins there is always a chance to make good money on it.

[faceoff97]

I think you can store on multi-wallets , but of course you need to understand that the risks that you can steal funds above , but I would recommend to store funds on binance very reliable exchange!

You are a fool. Do not be offended by your advice obsalyutno wrong. Exchangers are always subject to threats and attacks. There is money there. Or do you store your cryptocurrency in a separate secure vault at home in the safe. Or do you keep cryptocurrency in a landfill. Where every homeless (hacker) wants to steal your money.

Exchanges are not meant to be a storage, the potential risk is too high since you don't have the full control of your funds. It's always better to have control over the private key so you can be sure that all your funds is not within the control of anyone but you alone. You can choose open source wallet like Hodler wallet, this offers better security and public code is available  so you can easily view the  potential vulnerability.

[shoreno]

I think you can store on multi-wallets , but of course you need to understand that the risks that you can steal funds above , but I would recommend to store funds on binance very reliable exchange!

You are a fool. Do not be offended by your advice obsalyutno wrong. Exchangers are always subject to threats and attacks. There is money there. Or do you store your cryptocurrency in a separate secure vault at home in the safe. Or do you keep cryptocurrency in a landfill. Where every homeless (hacker) wants to steal your money.

Exchanges are not meant to be a storage, the potential risk is too high since you don't have the full control of your funds. It's always better to have control over the private key so you can be sure that all your funds is not within the control of anyone but you alone. You can choose open source wallet like Hodler wallet, this offers better security and public code is available  so you can easily view the  potential vulnerability.

You are saying that exchanges arent safe but crypto wallets are ?  Both are the same dude .  a wallet do also hold alot of funds and hackers are also targetting it .  its not wrong to store funds on a wallet or on an exchange as long as you are sure that the wallet/exchange that you are using is legit  .  traders store funds on an exchange because they are trading on it automatically , same as on wallet but if you arent using your funds actively its a wise idea to withdrew them  .

[Kelvinid]

I keep a lot of coins in my wallet.
Some of them will bring me profit very soon, and some of the most promising I keep for the long term.
If you have a lot of different coins there is always a chance to make good money on it.

It only if we are holding the promising coins in the market but if not, nothing to happen even we are holding it more many years.
It is simply we just hold the right one and to expect returns in the coming days or in the future for long term hold. A lot of coins existed to day but some of them aren't worthy to buy.

[Korkorjkk]

The idea of holding multiple coins in different wallets is a really good one. Some coins will give you profit while others won't. This shows that if you have a lot of coins, other ones will cover for the losses you might incur.

[bogdasha07]

I'm holding EOS https://cmc.io/coins/eos and Zcash https://cmc.io/coins/zcash on different wallets and I can't wait till they rise as they show a very good behavior at the moment 

[Kezacky]

I keep a lot of coins in my wallet.
Some of them will bring me profit very soon, and some of the most promising I keep for the long term.
If you have a lot of different coins there is always a chance to make good money on it.

It only if we are holding the promising coins in the market but if not, nothing to happen even we are holding it more many years.
It is simply we just hold the right one and to expect returns in the coming days or in the future for long term hold. A lot of coins existed to day but some of them aren't worthy to buy.

yes it all depends on them in developing the project, most new coins are worthless because they don't seriously develop the project again and I think holding a lot of altcoins is a good choice but a coin that has good prospects and a team behind them according to their work map .

[overnight03]

For me, I usually hold many coins in a wallet and I have to be very careful to secure it, but in some cases, I often store many coins in different wallets for security reasons and safe.

[ribowo76]

I save some coins or tokens as savings, because I believe, someday some coins / tokens will have value. Storing these coins in a multi wallet, sounds really good. But somehow, I was still hesitant to do it. Currently I have many wallets to store coins / tokens

[Thomas-s]

I save some coins or tokens as savings, because I believe, someday some coins / tokens will have value. Storing these coins in a multi wallet, sounds really good. But somehow, I was still hesitant to do it. Currently I have many wallets to store coins / tokens

the most important thing is to write down where and what is stored on your wallets. This is necessary so that if you will see the growth of a certain coin you can sell out on time.

[deathcode]

the most important thing is to write down where and what is stored on your wallets. This is necessary so that if you will see the growth of a certain coin you can sell out on time.

it's like making an alarm for the assets we have. I think many people who store their assets mostly have done it. set an alarm and pay attention to the visible signal. predict the market and whatever can be done to monitor the movement of our assets in many wallets.

[Ranly123]

Of course, many would prefer in a multicurrency wallet like ledger nano. But for me, I would prefer holding it in the exchange where it is listed to trade it with convenience and no hastle in transferring from one wallet to another.