Holding multiple altcoins

[Nellayar]

Holding several coins are better but not all times. We need to accept the fact that only 100 altcoins and bitcoin are moving upward specially during bull run season. Many altcoins are only for display but they are not growing up. We need to filter them all because if we buy a shitcoin, our capital will be wasted. Holding multiple coins will sustain our capital in this industry, but we should modify the good coins.

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[Menawi12]

I don't think holding multiple altcoins is a bad idea. The most important thing to consider when holding a coin is the concept behind the project because some project will not made it to the nearest future. It's not easy to hold multiple actions in a single wallet because it is risky

I agree, sometimes people hold back a few coins to diversify their investments. Everyone must have a different investment strategy and I think holding a good altcoin in the top 100 is good

[Flor1982]

Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins. We can rely on famous online wallets like MEW just never leave your assest in any exchanges wallet as they are proven not safe and cannot be trusted anymore.

[galestorm]

There are pros and cons when it comes to putting all of your altcoins in a single wallet. One particular benefit is efficiency, since you can see all of your holdings and manage them as you desire. The cons however, pertain to the possibility of it being hacked and the chance of losing "all" of your holdings. Though storing altcoins in a single wallet may prove as a convinience in your part, it is best if you try other wallets to store your holdings. There are those who recommend ledger nano. Im not that familiar with the wallet but considering that the majority of the population recommended ledger nano, you should give it a try. I would personally recommend Myetherwallet, since it is convinient and easy to use

[ljane]

I believe having more coins and holding them in your portfolio are more stronger than having a single asset. This is an opportunity to get more profits when the prices increases. You can hold for as long as you want provided your coins are valuable.

[2Kool4Skewl]

I believe having more coins and holding them in your portfolio are more stronger than having a single asset. This is an opportunity to get more profits when the prices increases. You can hold for as long as you want provided your coins are valuable.

Here is another question. It depends on what kind of altcoins to keep or hold only a large amount of Bitcoin or to keep several top altcoins, I believe that there will be the same profit.  The only thing with a few coins is more problems.

[Bitze]

Bitcoin and Token which I bought are secured by HW Wallet here. I don't do that for Bounty and Airdrop tokens.
Before things are worth nothing I leave them where they arrive. either erc20 or a wallet of their own

[hxtop]

Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.

[ololajulo]

I have an opinion which could be considered negative, that is ' asides bitcoin, no coin is worth holding for 2 years in a row' Get your strategy right and move your profit into bitcoin or stable coin.

[mirawantirinjana]

holding too many types of coins too much is not too good, you will have a lot of risks,
I recommend that you hold only a few altcoins but not in too many variants, only the most trusted coin that you should hold.

[Cryptrx]

I prefer to store my crypto in a proven wallet like TrustWallet and Ledger Nano. Open source wallet maybe be ideal but I wouldn't want to risk my funds just to be proven wrong.

[10BTCaDay]

I prefer to store my crypto in a proven wallet like TrustWallet and Ledger Nano. Open source wallet maybe be ideal but I wouldn't want to risk my funds just to be proven wrong.

Ledger is a great choice. I also think that this is one of the safest wallets. I have a Ledger and soon I want to buy a new version of this wallet

[coingrowth]

Yes, it is always good to bold multiple coins in the market because if you hold the only coon it will damage you a lot. Multiple coins investing will help you to make some decent profit either in one coin. That's how the cryptocurrency market situation is going to be.

[udidrone]

Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.

As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.

[Boh manok]

Since I joined the crypto currency, I have never held altcoin more than three, because I am more focused on the one that I did, indeed sometimes it is more profitable when we hold a number of altcoins and the risk of loss that will arise is smaller If holding several altcoins  different

[Question123]

Any offline wallet will make your assets safe like Nano Ledger S although expensive but its worth it in talking of secutity specially if you are holding huge Altcoins.

Yes that’s true and many people share almost same opinion about offline wallets. No need to add anything else. I think the hardest part is to manage all of those alts. You’ll have to put some effort to check their current price and decide to sell or hodl. Too much trouble.

As long we feel safe i think it is worth to do. Like if we must pay transaction fee every we want to trading. If me i'd rather to do it and even i sometime use online wallet like Myetherwallet for my tokens, i always put it back to my wallet if not sell it.

More safe and secure if we are not going to use only 1 wallet but we use more than 2 wallet to storw our coins and tokens and perfect for that is the Myetherwallet tried and tested for almost years and other trusted wallet we can use also.  For now I don't use offline wallet I use only right now online wallet because it is still secure depends on wallet that you use.

[Tearz]

For sure the best way use several wallets because if you are holding all alts in one wallet and it will be hacked, you'll lose all of your coins. I just think safely. Obviously don't see any reason to hold all eggs in one pocket.

[halpi]

For me, no reason to hold multiply altcoins if you are not 24/7 trader. The philosophy is in quick sell of tokens that shows growth better than Bitcoin.
I belive in Komodo. My portfolio is Komodo+Bitcoin

[joseyphil82]

I prefer holding all my altcoins in a single multiwallet like enjin or coinomi, I don't worry myself of getting hacked because each wallet address generated has different private keys

[Gabmot]

The choice of keeping one's crypto assests Is such coming with lots of variables. Why because,  there are lots of wallets available to hold one's coin.