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Author Topic: Holding coins  (Read 2368 times)
Gibreil
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January 25, 2019, 11:52:53 PM
 #201

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?
Usually, I bought coins and joined in a bounty where can I store their tokens in MEW. I do not trust those coins that has their own wallet because it may be a scam. In fact, I never store at any exchange unless if it will be sold for more than a day. There is no such thing as safe storage in cryptocurrency because any digital thing may hack or inflicted by a virus. So, we should know how to protect our tokens and always look for it.

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January 26, 2019, 09:11:51 AM
 #202

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

Bunsomjelican
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January 26, 2019, 10:26:48 AM
 #203

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.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.
Tungsten-1
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January 29, 2019, 07:49:31 PM
 #204

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market
You are doing really good job ETH is good coin to hold as some of my friends are holding it and they told me good about it but I personally never tried it because I am holding only bitcoin, I am very happy for holding bitcoin it has given me good profit as till now I did not lose anything but I won huge amount of profit so holding your coin is one of the best way to get profit.
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January 30, 2019, 03:56:42 PM
 #205

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market
You are doing really good job ETH is good coin to hold as some of my friends are holding it and they told me good about it but I personally never tried it because I am holding only bitcoin, I am very happy for holding bitcoin it has given me good profit as till now I did not lose anything but I won huge amount of profit so holding your coin is one of the best way to get profit.

Well holding those two coins you both have  can be nerve wracking lol. Eth is quite in a depressing state right now. It's good if you're going to buy now but imagine those that started holding when the price was above 500usd. And bitcoin is only slightly better. Other alts have outperforned these top coins to start the year like tron and i've advise to look into the alt market while this bear season is still here.

 
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faceoff97 (OP)
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February 03, 2019, 12:00:10 AM
 #206

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.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.
The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.
shesheboy
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February 03, 2019, 12:40:36 AM
 #207

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.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.
The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.

Agree . thats why i dont trust online exchange ever since i start investing in crypto im not a fan of putting my assets inside the exchange because i feel scared as i know that they are always the target of hackers  .   i rather opt to hold my coins inside my hardware wallet  since i have a vast range of coins on my portfolio .
Altero
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February 03, 2019, 02:48:26 AM
 #208

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.

I think that depends on the exchange we are doing it mate. Though, holding gave a lot of help if they will become more patience, especially
if the coins is really has a capability to get higher in the future aside from bitcoin, and Ethereum. Then, put your coins in the most safest place storage wallet.
The point is that, exchange doesn't gives us the full control of our funds making as just depend on the credibility of the exchange while in fact we could have full control of our assets without third trusted party. In this way we could assure ourself that our funds are well kept.
That is critical if we just put our coins in any exchanges, thus we can't guarantee of the safe keep and its control. Any possibilities of losing it especially when that certain exchanges will been hack or their is conspiracy inside.  To make is it more safe, we better kept in a wallet which we have control into it.
michellee
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February 03, 2019, 04:23:43 AM
 #209

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

I think you need to hold tight your ETH and don't let it sold at a low price and the most important is you need to stay calm when you see ETH price moving fast to up and down. It is hard to hold ETH until now, and I know how it's feeling, but I still believe that ETH can be back to the higher price and I think ETH have a big chance to rise in the future.

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Salauddin1994
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February 03, 2019, 05:20:34 AM
 #210

I hold ETH coins, until now I continue to hold ETH coins, besides ETH coins usually the same as holding BTC coins, those two coins that I always invest in the trading market

I think you need to hold tight your ETH and don't let it sold at a low price and the most important is you need to stay calm when you see ETH price moving fast to up and down. It is hard to hold ETH until now, and I know how it's feeling, but I still believe that ETH can be back to the higher price and I think ETH have a big chance to rise in the future.

If you hold a coin or a token, then it is best that you should check it well and then some kind of investment should be done above, because there are many things in trading which are very important to know.
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February 03, 2019, 05:29:55 AM
 #211

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?
Our first priority when we are holding our coins is the safety and security of it. Hackers can stole our coins if we do not store our cryptos in a safe storage. I always prefer to store my coins in offline wallets for me to ensure that I am the only one who has access to my wallet.
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February 03, 2019, 05:44:10 AM
 #212

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?


I  believe that people won't make exchanges an option now after another known exchanges has been hacked. To my fellow traders, I know you have read or watched a topic about the best wallets for crypto and 99% of them does not recommend to put it on exchanges and they want you to use hardware wallets.
Salauddin1994
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February 03, 2019, 06:52:15 AM
 #213

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?


I  believe that people won't make exchanges an option now after another known exchanges has been hacked. To my fellow traders, I know you have read or watched a topic about the best wallets for crypto and 99% of them does not recommend to put it on exchanges and they want you to use hardware wallets.
Yes, many exchanges are hacked 2017 middle and hole  2018, But if he uses the hardware wallet, he will get a lot of good security which is almost impossible to hack, more so that it can be said that there are many trusted exchanges(Ex.Bittrex,Binance) whose security is very hard to use them.
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February 03, 2019, 08:40:54 AM
 #214

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers


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February 03, 2019, 10:14:07 AM
 #215

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers
Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.

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February 03, 2019, 11:12:48 AM
 #216

that's right, our bottom must be clever in storing our coins in a safe place, because everyone already knows. The market is currently unstable, and I advise you all to keep coins in a safe place, but I want to give you input for this post, you should enter a wallet link that you think is safe, so that new members can find out. thank you mate
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February 03, 2019, 12:05:11 PM
 #217

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers
Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.
Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.
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February 03, 2019, 01:11:35 PM
 #218

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


Well I do not agree with you here because what if the exchanges where your coins are placed, is hacked ? how will government or anyone will return you funds ? Recently Cryptopia exchange was hacked and even the New Zealand police was not unable to find the hackers and all the funds of the people are lost.
The best way to save your coins is to use hardware wallet or at least use desktop wallet where you have control over your funds through private key.
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February 03, 2019, 01:16:31 PM
 #219

It is better to save in the hardware wallet, because it is safer than on the market, because the market is hit by a very high ratio of hackers
Correct. I don't understand people trading huge amount of money but unable to buy a hardware wallet and just left this funds on trading exchanges. Don't wait till that exchanges gets hack and you lose your money. Better buy one, specially if you are planning to hold for long term.
Yes, If you want to keep a few coins you do not need any hardware wallet, but if you think that you want to keep a lot or lots of money, you can use a hardware wallet, it's a lot of security.


Yes, there is no point in buying a hardware wallet if you have limited funds. One of my friend, who recently entered in the crypto field purchased a hardware wallet. He did not even have half a btc and i think this is not wise decision. If you have less bitcoin i will prefer to use desktop wallet like Electrum (https://electrum.org/).

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February 03, 2019, 01:39:34 PM
 #220

holding the coin is a great way to get a big profit right now, because the market this year is likely to be a very good market so many people are using the method of holding
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