Holding coins

[sinta23]

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.

really because now there are so many hackers who target our assets, so if you want to hold coins in the long run that must be prioritized is the security of your wallet

[bitcoin31]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

[hahay]

Holding coins for the long term does have a risk of many factors and one of them is a safe place to use as a storage of coins itself. So far I have never holding a coin in one place, and I saved it in many places including in a exchange. Honestly in the past I have lost the coins I saved in an exchange, but it happened because of my own mistakes, learned from experience and I did not repeat it until now and everything is still going well. But the main thing that must be considered in holding coins is to always use a wallet where you can have access to control the private key, because that is the most important thing in maintaining a wallet for coins that you hold for the long term.

[Aris novianto]

now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

[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.

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 .

Hardware will be the best option when holding good amount of coin but if you have less amount of bitcoin, you can choose to store in an open source wallet like Electrum (www.electrum.org) or the newest open source multiwallet clled Hodler (www.hodler.tech).

[Kahoy01]

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?

Even the CEO of binance said that it is not good to store our coins in a exchange. The most preferable storage us still the cold storage for you ensure the safety of your cryptocurrencies.

[Caladonian]

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?

Even the CEO of binance said that it is not good to store our coins in a exchange. The most preferable storage us still the cold storage for you ensure the safety of your cryptocurrencies.

No doubts that it is the safest that we can have, if we know how to secure it properly and we follow every precautions that can be done avoiding
hackers to penetrate with our wallets, we do need to make sure that we review and research what are those particular ways that hackers can
overtake your protections, needs to know every single details how to prevent that,.

[Distinctin]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

[drachman]

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?

The choice is easy get a hardware wallet, most hardware wallets now support many coins so it is likely your favourite projects are there or will be added shortly, but do not make the mistake of holding your coins in an exchange, there has been recently a hack to remind us that regardless of the security exchanges implement it will be impossible to secure them completely.

And for a hardware wallet, I prefer to use ledger s nano or ledger x nano (which already release). That wallet supports many coins even for erc20 tokens, so you don't have to be a worry if you want to move your tokens from mew to the hardware wallet. Like many other people, I still holding coins in my wallet, some in the exchange, some in the Android phone, some in the offline wallet and hardware wallet which support many coins.

As long as you know what you are doing you can reduce the risk of holding your coins but many newbies do not know how to do that so it is better for them to stick for alternatives that secure their coins the most until they learn how to do it by themselves, unfortunately many see the costs of hardware wallets and decide to not adopt them only to regret it later when they lose all their money to hackers.

[Botnake]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

Exchanges are already proven not a good place to keep your coins, even how big and reputable it is, they are still vulnerable to hack.
I would only keep my coins in exchange if they have insurance that would make our deposits safe, but so far, I haven't find a site that gives insurance.

[Chachacoin17]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

Exchanges are already proven not a good place to keep your coins, even how big and reputable it is, they are still vulnerable to hack.
I would only keep my coins in exchange if they have insurance that would make our deposits safe, but so far, I haven't find a site that gives insurance.

That's right, we should not trust exchanges to keep our coins because there might be problems to occur specially during maintenance period it's more potential to be hacked by theives. Storing our coins safely at private wallets or harware wallets like ledger is a very secure idea in order to have full dominance of it. Don't let your assets be prone to online network breach, and possibly one day you will regret after choosing bad decisions.

[btc_angela]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

Exchanges are already proven not a good place to keep your coins, even how big and reputable it is, they are still vulnerable to hack.
I would only keep my coins in exchange if they have insurance that would make our deposits safe, but so far, I haven't find a site that gives insurance.

That's right, we should not trust exchanges to keep our coins because there might be problems to occur specially during maintenance period it's more potential to be hacked by theives. Storing our coins safely at private wallets or harware wallets like ledger is a very secure idea in order to have full dominance of it. Don't let your assets be prone to online network breach, and possibly one day you will regret after choosing bad decisions.

Case in point, the recent Cryptopia hacked and then QuadrigaCX owner died without passing the keys to the exchanges wallet. It's so much convenience to us to keep all our coins secure in a out Wallet that we have total control and not trust exchanges, it's too much risk with so many potential points of vulnerabilities.

[faceoff97]

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?

The choice is easy get a hardware wallet, most hardware wallets now support many coins so it is likely your favourite projects are there or will be added shortly, but do not make the mistake of holding your coins in an exchange, there has been recently a hack to remind us that regardless of the security exchanges implement it will be impossible to secure them completely.

And for a hardware wallet, I prefer to use ledger s nano or ledger x nano (which already release). That wallet supports many coins even for erc20 tokens, so you don't have to be a worry if you want to move your tokens from mew to the hardware wallet. Like many other people, I still holding coins in my wallet, some in the exchange, some in the Android phone, some in the offline wallet and hardware wallet which support many coins.

As long as you know what you are doing you can reduce the risk of holding your coins but many newbies do not know how to do that so it is better for them to stick for alternatives that secure their coins the most until they learn how to do it by themselves, unfortunately many see the costs of hardware wallets and decide to not adopt them only to regret it later when they lose all their money to hackers.

When someone can't afford hardware wallet, it would be wise to choose an open source wallet like electrum when holding bitcoin or Hodler when choosing multiple coins. This way, user will be sure that that have the full control of their funds since private key is at their hand. Third trusted party makes investment more less secure since anytime they want they could take away the funds.

[Juse14]

Just always reminds, holding on exchange its not a good choice we know thats your account but you not holding the key of your crypto. Personal wallet always a good option for holding in long term just instal it and backup the seed or wallet

[faceoff97]

I have different kinds of wallet but I seperated wallet when I bought a coin I did not hold my coin to exchanges site wallet because we know that is prone of hacker. But it doesn't mean that I use mobile wallet it is safe but it is more safe compared to the exchanges wallet.

That is could be, a big chances of losing our coins when it stay for long in an exchanges,yet still we can't assured for it safety in a separate wallet but it could be better than of staying it there. I do hold with different wallet and I've never experience of losing it. Only provided that we have to take care of our keys.

Exchanges are already proven not a good place to keep your coins, even how big and reputable it is, they are still vulnerable to hack.
I would only keep my coins in exchange if they have insurance that would make our deposits safe, but so far, I haven't find a site that gives insurance.

That's right, we should not trust exchanges to keep our coins because there might be problems to occur specially during maintenance period it's more potential to be hacked by theives. Storing our coins safely at private wallets or harware wallets like ledger is a very secure idea in order to have full dominance of it. Don't let your assets be prone to online network breach, and possibly one day you will regret after choosing bad decisions.

Exchange is not meant to be storage of funds, it is supposed to be for trading. It's better to keep funds on hardware wallet or open source wallet. Since exchange is third trusted party, you don't have the full control of your funds, anytime they want they could do something with your funds. But if you have the private key in your hands, no one has the ability to take control over your assets.

[gaston castano]

I don't think it's a problem to hold coins in the exchange market, they have a legal KYC system (up to tier3), but only for popular exchange markets. make sure the market is managed by those who have big names and have a customer service system that is not problematic, not a market that is only operated by 1-5 people without clear credibility.

[conected]

now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

Investment at Bitcoin is the best idea.but for holding BTC you need to spend a lot of money at once. I would say instead of holding bitcoin you can hold top-rated altcoin. because the altcoin pump can give you 5x more instead of bitcoin. I would say buy some waves,Stratis,ltc and eth. all of the coins have a great community and has huge demand.

- Exactly, wanting to hold bitcoin and achieve good returns, we will need a lot of money to accumulate when the price of bitcoin is quite high, and this condition is not easy for everyone, and instead of focusing on bitcoin, we can invest and hold as you say, choose potential altcoin and these are places that only need a reasonable amount of money, we can achieve a lot of profit, better than bitcoin. However, I want to remind that we should have clear strategies, always set stop loss, should not be too persistent with holding, this method has appeared a lot of risks since the price of bitcoin plummeted

[avarnet]

now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

therefore from now on there are many people who hold bitcoin in the long run because he believes that someday he will get a big profit. because this year until the coming year bitcoin will definitely be better than last year

[imstillthebest]

now I hold a BTC coin, I hold a BTC coin with a long term, if we use BTC investment in the long run it will definitely get a lot of profits, the coins I invest are BTC coins

Investment at Bitcoin is the best idea.but for holding BTC you need to spend a lot of money at once. I would say instead of holding bitcoin you can hold top-rated altcoin. because the altcoin pump can give you 5x more instead of bitcoin. I would say buy some waves,Stratis,ltc and eth. all of the coins have a great community and has huge demand.

- Exactly, wanting to hold bitcoin and achieve good returns, we will need a lot of money to accumulate when the price of bitcoin is quite high, and this condition is not easy for everyone, and instead of focusing on bitcoin, we can invest and hold as you say, choose potential altcoin and these are places that only need a reasonable amount of money, we can achieve a lot of profit, better than bitcoin. However, I want to remind that we should have clear strategies, always set stop loss, should not be too persistent with holding, this method has appeared a lot of risks since the price of bitcoin plummeted

holding bitcoin shouldnt be costy and wont require alot of money or capital because there are many known ways to earn a btc online expecially from this forum . there are bounties , airdrops , signature campaigns  . earn directly in btc or on other cryptos which you can then also convert to btc  . holding coins is the best way to overcome this crisis that we are facing these day's  . just keep your trust and faith to btc guys and all be just fine soon  .

[karungbitcoin]

All centralized exchange has possibility to get hacked so never hold coin for long times in centralized exchange, if we put any crypto on the centralized exchange is mean that crypto own by exchange and not us because we dont have the private key. In the beginning of this year Cryptopia get hacked and untill now they still offline. So its more safe to hold coin in personal wallet.