Holding coins

[kkaroul4]

I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

therefore security is very important to keep our assets from being hacked, because in holding it will be comfortable if the security of our assets is guaranteed and very strong

[seleme]

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

[akram143]

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

The big mistake people are doing in this situation is investing and get very quickly but it is not good for them also without getting huge profit how we can develop our monthly income so cold for at least some more extra time it will good for the development and very useful for stability of cryptocurrency especially Bitcoin so holding for long term investment will be the good idea now.

[stadus]

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

The big mistake people are doing in this situation is investing and get very quickly but it is not good for them also without getting huge profit how we can develop our monthly income so cold for at least some more extra time it will good for the development and very useful for stability of cryptocurrency especially Bitcoin so holding for long term investment will be the good idea now.

Some are storing their money on exchanges as it's easier to access and they can also trade easily.
Though there is a risk but they are willing to take that risk and therefore for whatever happen, in case exchange
will be hack, they should not blame anyone, it should be themselves.

It's alright to store in exchanges, make sure you don't only trust one for your assets, and for long term hold, better put it in a hard wallet for proper safekeeping.

[maydna]

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Ledger is enough to store bitcoin, altcoin, and tokens base on ethereum especially with a ledger release a new version hardware called Ledger Nano X that supports more tokens in the hardware.

I am sure there are any exchanges that still safe for storing coins, but it's not recommended to store all of the coins in the exchanges. But if we are day trading, then it is fine to keep for a while in the exchanges because we can directly withdraw the profit in bitcoin to the other wallet.

[metalglowd]

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 like electrum and Hodler wallet?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

[BitTraderCute]

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 like electrum and Hodler wallet?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

you already decided your choice.and i think this is the best for you.save our asset in exchanges wallet made it easy when our coins price suddenly jump.so we didnt miss the opportunity to sell in high.

[sidkz]

 keep tokens on wallets from which I have keys that I can change for security
and keep my tokens on several wallets though I have never had any hacking attempts, I still think that it is better to insure than to grab my head then

[gabmen]

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 like electrum and Hodler wallet?

for recently, I only saved the assets of bitcoin and altcoin on exchangers, although not in large numbers but often it made me worry because just relying on security alone is not enough. If for example I want to save it in a personal wallet, if I suddenly want to sell it, it will also be quite difficult for me

you already decided your choice.and i think this is the best for you.save our asset in exchanges wallet made it easy when our coins price suddenly jump.so we didnt miss the opportunity to sell in high.

Well if you don't have that large assets stored, it's u likely that hackers and scammers would target your account so you're ptobably safe from personal attacks. The problem is if the exchange itself gets attacked and hacked. Hopefully the exchange is secured in a lot of ways.

[faceoff97]

keep tokens on wallets from which I have keys that I can change for security
and keep my tokens on several wallets though I have never had any hacking attempts, I still think that it is better to insure than to grab my head then

Having private key means giving you the full control of your funds. This is why choosing exchange wallet is not recommended since it has third trusted party which gives you not the whole control which anytime could lose you assets. Its time to have freedom from third trusted party after all this is the reason why cryptocurrency was made.

[Pattart]

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

[faceoff97]

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

[hahay]

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Anyway, to hold coins for the long term it would be more recommended to save in a place where you can have a private key anywhere, even reputable exchanges will not guarantee hacking problems. So it's not recommended an exchange for you to hold coins for the long term, because the real exchange is only a container for you to trade.

[Yatsan]

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

Holding your asset on crypto exchange is not really advisable since there are still system glitches after all of safety precautions the website developers did follow. Saving your coins on online wallet contains more risk than having it on offline storage or cold storage. I prefer my coins to store on MEW wallet since there are less problem on it when it comes to storing.

[cryptofarid10]

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 like electrum and Hodler wallet?

We can hold our coin in exchanger, or our wallet. But If we keep on exchanges, then We have to choose the trusted exchanges. Or we can keep our wallet  example coinbase, blockchain or if we keep ERC-20 coin then we can use myetherwallet.

[Pattart]

Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

It's a good suggestion if you really want to hold a coin for the long term then save it on the desktop or offline wallet.
use exchange only for trading. we often hear exchanges being scams. so don't let you become a victim dude..

Exchange is not really meant for storage, it is supposed to be where you will buy and trade coins. Hardware wallet or open source software wallet is still preferable than exchange wallet. There are tons of exchanges coming you cannot trust it to have the control of your funds.

Therefore I suggest holding and keeping your money in a wallet because there is no third party that controls your finances. exchanges must only be for trade. you can save funds in exchange only for trade funds instead of your long-term funds..

[BlackFor3st]

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

[bitcampaign]

I would rather keep my bitcoin on a trusted exchange site, at least the company stands in my country so that when they commit fraud, I can ask for compensation from them, it is easier to do and I also never save on exchange sites outside my country

[iv4n]

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

Simply said, if you believe in some coin you need to store it on a safe place. Exchanges and online wallets are not safe. The best is to find a wallet for yourself, official if its possible, and to hold all coins there. I have ledger wallet for bitcoins for years, if you plan to stay here spend some money on that, spending money on security is not throwing money, its good for everyone and every business.

[faceoff97]

Most of us would like to store their funds in the wallets which gives us the privacy to own the private keys. Untill the end we own the private keys and how safe they are, it doesn't matter if we use exchange of ledger wallet or a segwit wallet. We can use any wallet to hold our funds. I prefer HODLING funds for a longer time in my paper wallet which is securely stored in one of my lockers.

Simply said, if you believe in some coin you need to store it on a safe place. Exchanges and online wallets are not safe. The best is to find a wallet for yourself, official if its possible, and to hold all coins there. I have ledger wallet for bitcoins for years, if you plan to stay here spend some money on that, spending money on security is not throwing money, its good for everyone and every business.

Right, hardware wallet is a good choice. But since I am not holding to much coin, I prefer to use open source wallet like electrum and hodler. Bitcoin org is about to list hodler as their official recommendation. This would mean it could be a safe wallet as much as hardware wallet could give.