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Author Topic: Holding coins  (Read 2336 times)
faceoff97 (OP)
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December 21, 2018, 07:37:57 AM
 #41

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
I use ledger nano and local exchanger to hold coin. I think it is already safe for me because i put 2fa on that site, and can get help easily maybe because the office is on my city too.
I also plan to have a hardware wallet called Hodler. This is going to be introduced in the market in the first quarter of 2019. They now have android and windows version of wallet and it is really a great one to consider since it is the only fully open source wallet available. Most of preferred coins are in there and they continuously adding more kind of coins the community wanted.
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December 21, 2018, 02:44:22 PM
 #42

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Firstly, I guess it can be close or open wallet depend to the investors. They have their own reference for saving their coins. For me, in a close source wallet (exchange) I can save mine more safety. IT gives us control and privasi in doing or processing anything.
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December 21, 2018, 02:58:31 PM
 #43

a very good time for me now to choose and hold coins that we think have the potential to be able to quickly grow and develop in the future, many of today's coins have the potential that has lowered the price, so immediately buy and save, while the coins are now have not raised the price at a higher price again.
well, for me, I don't think I will add to the stock of the altcoin that I have or buy it. Well, I have a few coins that I have been holding back since the beginning of the year, and of course that made a bit of a loss. yeah, but it's already a risk in holding coins.

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Indamuck
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December 21, 2018, 03:12:57 PM
 #44

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

No matter how you store your coins there is always at least some risk involved.  Someone could $5 wrench attack you and force you to give up your keys.  You could have the best security technology can offer but if you have no physical security the whole thing is worthless.  Now even if you hold your cold storage wallet at a bank vault you have to trust the employees at the bank.
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December 21, 2018, 03:19:14 PM
 #45

Few coins have got proven their growth in the past. People who fear about the market fluctuations can invest on bitcoin, ethereum or other top listed cryptocurrencies. Apart from them, users who have got low volume for investment can afford low price altcoins with good trading volume. This will surely profit in the long term on holding.

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faceoff97 (OP)
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December 22, 2018, 01:42:37 AM
 #46

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Firstly, I guess it can be close or open wallet depend to the investors. They have their own reference for saving their coins. For me, in a close source wallet (exchange) I can save mine more safety. IT gives us control and privasi in doing or processing anything.
I'm not sure about saving or holding in an exchange, most of people here suggest to keep it in a secure wallet like hardware or opensource wallet. Currently, I'm in with Hodler wallet which supports all preferred coins, it is the only fully opensource multiwallet available which assures me that that I have the control over my funds.
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December 22, 2018, 01:59:23 AM
 #47

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

It is better to store the coins in the separate wallet, and we know about hardware wallets like ledger s nano and trezor and the others hardware. It's safer than saving the coin in the exchanges because other people cannot hack or steal the coin if we don't tell where the wallet is. We have a different method of how to save the coin, and some of us prefer to save in the exchanges, but the other prefers to save in the hardware especially if we have a big amount of each coin.

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iMark
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December 22, 2018, 03:05:51 AM
 #48

a very good time for me now to choose and hold coins that we think have the potential to be able to quickly grow and develop in the future, many of today's coins have the potential that has lowered the price, so immediately buy and save, while the coins are now have not raised the price at a higher price again.
Thats right, if you are a long-term holder then the current price can be said to be very cheap, if you compare it with the previous ATH then the current price is far below that price, for the long term then now is the right time for you to increase your assets
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December 22, 2018, 06:58:51 AM
 #49

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
I guess you were using Google translator for setting up this OP; anyway, I understand that you are about to ask where to store/hold coins like whether into exchanges or in open source wallets. Exchanges are not meant for storing our coins even most of them are not against doing so with their TOS. We must choose a suitable wallet type for that. Because, storing locally in your computer has many advantages over exchanges or web wallets. The primary one must be, always having full access and full control over your coins.

In the times of forking, people who are holding their coins within their computer, got the maximum benefits without any big hassles whereas other people who were depending on third party services, enforced to wait until their service providers decide to go for that forking. This is one simple example on the advantage of having full control over our coins.
faceoff97 (OP)
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December 22, 2018, 09:34:06 AM
 #50

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
We must choose a suitable wallet type for that. Because, storing locally in your computer has many advantages over exchanges or web wallets. The primary one must be, always having full access and full control over your coins.

In the times of forking, people who are holding their coins within their computer, got the maximum benefits without any big hassles whereas other people who were depending on third party services, enforced to wait until their service providers decide to go for that forking. This is one simple example on the advantage of having full control over our coins.
Just want to since many are using exchanges as their wallet which I also think too risky since they font have full control of their assets. Many suggest here to go with opensource wallet which is actually true beause transparency is offered and no potential vulnerability is hidden to the users. I discovered about Hodler wallet and I find it great so far.
d1ceplayer
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December 22, 2018, 12:40:33 PM
 #51

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
I don’t think exchanges are good place for storing your coins. You should have as many wallets as possible  maybe two or three. You should only leave the coins you’re trading on exchanges, as for the rest, they should be stored in a more secured wallet like the Nano ledger or something like that. And if you need a mobile wallet too, then Blockchain might be good option.
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December 23, 2018, 06:21:45 PM
 #52

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
The safest way to store your coins is store in a hardware wallet which is more secure thatn exchange and open source wallet. Putting your coins in a exchange is very dangerous because some people can hack your account. Its more advisable to put your coins in hardware wallet than in exchange or online wallet.
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December 24, 2018, 07:47:35 AM
 #53

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
Many of people are saying that it is not good to hold your coins in an exchange and they are saying that these exchanges are not safe they can be hacked any time or any other issue can happen to it. It is better to hold your coins in your offline wallet which is more safe than any online wallet.
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December 25, 2018, 03:23:54 AM
 #54

There are too many ways of holding coins personally I love to hold my coin in hardware wallet which is the best way of holding and is very secured. So you can choose a hardware wallet out of two trezor and Ledger Nano S
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December 25, 2018, 05:09:56 AM
 #55

 think the personal wallet is safer because we hold the private key when compared to the market which a few months ago there were many issues about market hacking. I was hesitant to save it on the market because of that.
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December 25, 2018, 05:35:13 PM
 #56

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

the best coin storage is wallet hardware, in my opinion it is the only safest way so far, unfortunately cold storage only supports coin so that those who want to save it have no place other than the web wallet. But now there are still many lay people who are easily fooled because of the same website appearance

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December 25, 2018, 06:26:54 PM
 #57

I use a lot of wallets. all depends on needs. My main storage is using a hardware wallet. That's where all transactions flow. I will withdraw my crypto money to the exchange wallet for trading and the profit I will return to the main wallet until the amount of capital I spend is collected, the remaining balance in the market that I will use for other transactions or I switch to FIAT. I don't think too much about security issues as long as I keep all account keys.
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December 25, 2018, 06:40:55 PM
 #58

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

Holdings will always be a good idea to secure or save our capital investment if we want to earn in the end and not loss of course.
This is actually the most effective methods according to many of the community who applied that matter anyway. And in saving it, that would depend on your belief pal.

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December 25, 2018, 08:22:39 PM
 #59

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this  has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
your honestly earned coins I will store on your local wallets with private keys. it is very important to do this. after all, this is your earnings and someone for a long time. it is very important to understand the responsibility and not to lose the keys

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December 25, 2018, 10:49:21 PM
 #60

I just divided it into several parts and not all the coins I hold I save in one wallet. I save it in several wallets and some trusted exchanges, even though saving on an exchange is risky, I just believe all who are in the online world have their own risks. So as long as we can find a wallet and exchange that is truly trusted, so far I still feel comfortable and don't get serious problems.

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