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Author Topic: Holding multiple altcoins  (Read 24672 times)
JuanPaulo
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May 05, 2019, 09:46:01 PM
 #941

Holding multiple altcoin in one wallet. It is very easy and simple. I am personally use myetherwallet wallet and hold different type of ERC20 token. You can also use myetherwallet wallet its use very easy simple and secure.

Finding a secure wallet is not difficult. It is much more difficult to find those tokens that are capable of making you a profit and which you will keep in this wallet.
I am sure that storing Ethereum is an excellent investment option. Ethereum should grow in price in any case with the growth of the entire crypto market.
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Kasabus
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May 06, 2019, 05:26:33 AM
 #942

Holding multiple altcoin in one wallet. It is very easy and simple. I am personally use myetherwallet wallet and hold different type of ERC20 token. You can also use myetherwallet wallet its use very easy simple and secure.

Finding a secure wallet is not difficult. It is much more difficult to find those tokens that are capable of making you a profit and which you will keep in this wallet.
I am sure that storing Ethereum is an excellent investment option. Ethereum should grow in price in any case with the growth of the entire crypto market.
There are hardware wallet that supports altcoins and it's a good choice than storing our altcoins online.
Though I also stored some of my altcoins online, but I have to make sure that the coins I have heavily invested will be secured by hard wallets.
I only use free online wallet like MEW where I store my ETH tokens and some ETH for gas purposes only, while others are on different exchanges.

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lyks15
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May 06, 2019, 06:33:20 AM
 #943

That is a great wallet innovation. Imagine many kinds of crypto in one wallet? It is very convenient set up but I hope they can add more security features to this wallet because it is only one wallet that carry all your different kinds of coin so it is risky if it not really secured because you might be lose everything when it is hacked.

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sergei1703
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May 06, 2019, 06:43:00 AM
 #944

That is a great wallet innovation. Imagine many kinds of crypto in one wallet? It is very convenient set up but I hope they can add more security features to this wallet because it is only one wallet that carry all your different kinds of coin so it is risky if it not really secured because you might be lose everything when it is hacked.
No, this thread is about holding different altcoins on a multiple wallets, not in one. I want to hold Etherium, waves, bitcoin, binance coin and others.
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May 06, 2019, 03:52:56 PM
 #945

Holding multiple altcoins is a good strategy to do. Unless this lot of them keep pumping in this days so they have a big potential to increase up someday. For now lets wait till this year what exactly gonna happened.
Vishnu.Reang
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May 06, 2019, 03:56:47 PM
 #946

I am storing most of my altcoins / tokens in exchange wallets and MEW. I know that it is not a very safe option, to hold the coins in exchange wallets. But it is not always practical to install the desktop wallets for all the alts. I have never heard about these opensource multiwallets. To be honest, I am a bit afraid to use them. Can someone confirm that they are 100% reliable?
OTC
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May 08, 2019, 01:28:34 PM
 #947

Holding multiple altcoin is a very strategy to take. There are many wallets available now which stores these altcoins safely. I personally will store most of my  altcoins in MEW and exchange wallet.

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rarkenin
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May 08, 2019, 01:53:45 PM
 #948

Multiple altcoins serve to different purpose of investors and these variances are depend on each investor. Altcoins are speculative investment approach and having many of them can reduce the risks.
Dpat
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May 08, 2019, 02:00:37 PM
 #949

First of all, in finance there is a simple rule that 'Never Put your all eggs in one basket'. Looking at this rule you should follow to hold multiple coin but prefer to keep it in a single secure wallet. Preferably, you should use the hardware wallet like Trezor and the Ledger.
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May 08, 2019, 02:46:35 PM
 #950

First of all, in finance there is a simple rule that 'Never Put your all eggs in one basket'. Looking at this rule you should follow to hold multiple coin but prefer to keep it in a single secure wallet. Preferably, you should use the hardware wallet like Trezor and the Ledger.

Exactly, putting money on one basket is certainly very risky, safer if we divide it into many places so if there is one problem we still have it elsewhere, there are many choices of coins and in my opinion everything is good.
AjithBtc
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May 08, 2019, 02:50:21 PM
 #951

Holding multiple altcoins makes the portfolio much more stronger than having single assets. When we have multiple altcoins we don't be getting massive loss, because every asset won't be experiencing crash in the market at the same time. The loss of an asset can be compromised with the growth in another asset. To this reason portfolio always need to be of multiple assets.

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June 20, 2019, 03:33:11 PM
 #952

Holding multiple alt coins doesn't necessarily mean that you are sufficiently diversified. It depends on the technologies they offer.

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June 26, 2019, 10:41:08 PM
 #953

I believe having more coins and holding them in your portfolio are more stronger than an a single asset. This is an opportunity to get more profits when the prices increases.

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Raymondavid47
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June 26, 2019, 11:23:55 PM
 #954

There is nothing wrong with storing all your tokens or coins in one wallet. You can choose to alcoins in trezor or ledger or if you prefer an hardware wallet. But you should try as much as possible not to store/Hold all your altcoins in an exchange.
motun01
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June 26, 2019, 11:36:23 PM
 #955

Multi currency wallets are the best type of wallets for holding multiple cryptocurrencies
I personally prefer to use hardware wallets which are both safe, secure and support multiple cryptocurrency of different blockchains.
Ledger Nano S is a very good option

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June 26, 2019, 11:47:48 PM
 #956

Multiple tokens in one wallet is fine. This is how most, if not all hunters do it. It's just a matter of how you manage your portfolio in a secured and manageable way.

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June 27, 2019, 01:43:50 AM
 #957

Multiple tokens in one wallet is fine. This is how most, if not all hunters do it. It's just a matter of how you manage your portfolio in a secured and manageable way.

Most bounty hunters joined a campaign in the past when ICO is still popular, they sure have a lot of ETH tokens in their wallet now, particularly in the MEW. Unfortunately, ETH has dropped and ICO seems dead, so just like me I'm hoping that the current bull run will make some ETH tokens of my holdings to come alive.

Krislaw
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June 27, 2019, 05:08:19 AM
 #958

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?
Better it to hold one coin of one address, even you have hardware wallet, you have generate one erc20 wallet when getting new token.
no body know when you have multi token on one address attacked by hacker, when you have one, you only loss one.
styca
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June 27, 2019, 05:46:22 AM
 #959

I store my coins all over the place, in a range of wallets. I also keep a small amount on exchanges (but not much). My reasoning for having a range of wallets is that I don't trust myself not to lose the private keys or mess up in some way. At least if the coins are in a range of different locations and addresses then it protects me to an extent against both fraud and my own incomptetence!
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June 27, 2019, 05:58:12 AM
 #960

Multiple altcoins serve to different purpose of investors and these variances are depend on each investor. Altcoins are speculative investment approach and having many of them can reduce the risks.

My altcoin investment is the majority but I don't hold too much altcoin. I only target some 3-5 altcoin, after reaching the target of any coin I will take profit and search for other altcoin
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