Just bought some crypto

[Anonylz]

Imagine if you had taken the bold step back in 2009 and invest on crypto instead of Gold (although i should believe gold is another good investment) you could have be among the btc whales by now, anyways, still not too late to jump in, but compare to 2009 it was practically a gift.
Between welcome to the community, am sure you will find this space interesting, there are different categories of humans in crypto, just pick the type that suit you best

[rijaljun]

-snip-
Here’s my question, my coins are currently on binance. How important is it to put them on the ledger?

If you are willing to trade your altcoins to earn profit, then it's not really important to put them on ledger. Meanwhile, if you want to hold for long-term investment (like for a year or more), it's better to store you coins on a wallet that you control the private keys to ensure that your coins are under your own security. This action is to prevent your funds from getting problem on Binance as we don't know what is going to happen tomorrow.

[proTECH77]

It is very important to keep safe your coins in a secured wallet. If and if you are active trader in a certain exchange that’s fine to stay in the exchange. But, if you are buying coins and hold long term might to store in a secured wallet like ledger this is to avoid losing coins.

Agree with your opinion mate. Many atimes i have left out some of my coins because they where bought long time ago, most at time i do sell out some of the coins that am not holding the their private keys becasue, they can be stolen any time. But some coins with prospect often end up stay longer in my wallet before selling out to exchanges.

[Ray55]

All the wallets in the cryptocurrency market, I think almost all the wallets are very strong and reliable. How much you have, or you can easily tell anyone but if you want to withdraw from the Wallet Money, then I would say it is very difficult. These cryptocurrency wallet's security systems are so strong that no other person can easily make money from someone's account.

[DreamStage]

First of welcome aboard the bitcointalk hype train, second you shouldn't even speak about any private life situations here or in any other forum (that includes your "awful ex husband" statement - which nobody cares).
About binance, it's a sad for you if you still with it as it was recently hacked: https://bitcointalk.org/index.php?topic=5140532.0 / https://www.coindesk.com/hackers-steal-40-7-million-in-bitcoin-from-crypto-exchange-binance

You should instead keeping your coins into some Hardware wallet like Trezor where you can keep your coins safely without anyone else touching them.
Or if you use any other exchange it's advisable to just exchange immediatly to fiat and send to your bank for example instead keeping them there.

[MakeMoneyBtc]

All the wallets in the cryptocurrency market, I think almost all the wallets are very strong and reliable. How much you have, or you can easily tell anyone but if you want to withdraw from the Wallet Money, then I would say it is very difficult. These cryptocurrency wallet's security systems are so strong that no other person can easily make money from someone's account.

The problem is that online wallets are still hackable and we've seen that before with different exchanges out there. Because often online there can be leaks of informations that could lead to a hacker targeting your wallet for stealing your money.

[okala]

Its very advised not to keep all your Crypto assets on a web based wallet. I would only suggest keeping a small amount that you are actively going to use/trade with.

Yes to avoid losing your asset it not advisable to store all your cryptocurrency on a web wallet, except you are using them for trading I know binance have a little bit of strong security and have never hard issue of hacking but that not withstanding. As I have said before you are welcome back and just stay focus to learn all you need to know on crypto and the blockchain in it entirely.

[Harith65]

you just bought at nice time. because it is the deep point which had in last few days and it will be the deep point for next year. according to many researchers and experts are talk about bull run of bitcoin or crypto world that's why i am saying that it is the important time. if you have some coins with you it is know point is hold in them for long time you just can trade and increase your crypto by some amount. day by day you will be rich person

[jak3]

That's very important indeed. As for the exchange, we recently got the news that it got hacked and a lot of funds are stolen from it (my funds are safe though). You do miss a lot in bitcoin but still a lot to learn and earn from it. if you have some skills you can make money here or i will advise you to learn trading skills or any others skills you can use to make money here.

[jems]

keep careful to save coins in exchange and if you can save it in your personal wallet. I heard the latest news today that a large exchange like binance has also been hacked and lost around 7k BTC.

[arpon11]

Hello Everyone,
I’m a female in my 30’s and when I first heard about bitcoin from Max Keiser on RT in 2009 instead of trying to figure out how to mine the bitcoin, I listened to his advice about gold and bought some coins.
Biggest mistake ever lol!
For the next 9 years I focused on my career and got married. Now I’m divorced and started picking up interests that I had before I was with my awful ex husband. Which include bitcoin. It’s come a long way since 2009.

I feel like this community will give me something bigger to be a part of and I sure hope that cryptocurrency will be around for a long time and I can prove warren buffet wrong!

Here’s my question, my coins are currently on binance. How important is it to put them on the ledger?

We do not have many females in cryptocurrencies world and I am happy someone like you have joined us. Cryptocurrencies market is growing and it is possible that you can become the next Warren Buffet in your community in future.  Since you have started investing. It is very important that you keep your coins safe and keeping them in exchange is not the best way to safe your coins.  I will advise you to save them offline and keep everything in safe custodies.

[dentolas]

by now you know about the binance hack, so nothing further needs to be said about that... no exchange is 100% safe... a fact
also to be noted that on centralized exchanges you don't hold your private keys, so anything can happen, your funds are in fact on their custody... just a few weeks ago bittrex blocked my funds and demanded that I go through KYC, I had something like equivalent to 0,1btc and couldn't say no... but the point is that I would not be able to withdraw these funds without sending them all the pictures they require ... a good example
cheers

[Nnuego]

Saving your coins in binance is never a bad idea. Its secure there,soon or later you will reap the benefit of it. Having a private key to back it up will be nice

[safelycrypto]

Hello Everyone,
I’m a female in my 30’s and when I first heard about bitcoin from Max Keiser on RT in 2009 instead of trying to figure out how to mine the bitcoin, I listened to his advice about gold and bought some coins.
Biggest mistake ever lol!
For the next 9 years I focused on my career and got married. Now I’m divorced and started picking up interests that I had before I was with my awful ex husband. Which include bitcoin. It’s come a long way since 2009.

I feel like this community will give me something bigger to be a part of and I sure hope that cryptocurrency will be around for a long time and I can prove warren buffet wrong!

Here’s my question, my coins are currently on binance. How important is it to put them on the ledger?

It is better to keep your coins in a hard wallet than exchanges. If you wish to HODL keep your coins as away from internet as you can. This will keep them safe from hacks.

[barota]

beware , this prices above 10000 per btc very high ; bitcoin will fall under 6000 per btc at latest by august
and all coins fall too of course

[mirakal]

beware , this prices above 10000 per btc very high ; bitcoin will fall under 6000 per btc at latest by august
and all coins fall too of course

Okay your opinion is well noted...

But I can't wait for that and I don't think it will again dump this year that low.
$10,000 is not high anymore since $20,000 is the ATH, and I think it's time to come out strong this year and stay bullish throughout the year.

I hope everyone will still hold, minor correction won't last.

[kerneal]

One wallet is enough just make sure that the codes or passphrase is secure.
If you lose your hardware wallet you could recover the wallet using the passphrase.
So for me one hardware wallet is enough for all of it. I keep CS coins and Stellar in general.
Using plenty of wallet could be confusing and if you couldn't use one wallet properly then using multiple would have the same result.

[alroys]

We place our coins on the exchange for trading purposes, but if you save for a long time it would be better if you coin us in your personal wallet.  Because the exchange is very vulnerable to losing, because our account can be hacked, and we will lose our coins.

[#dhabitamartha]

You don't need to regret all this in your maturation process and learn to be better as I experienced it and I continue to struggle and starting from the beginning, this good crytocurrency can receive me anytime and I hope it can't change in a short time we better start from the beginning and do this work very interesting

[robelneo]

Hello Everyone,
I’m a female in my 30’s and when I first heard about bitcoin from Max Keiser on RT in 2009 instead of trying to figure out how to mine the bitcoin, I listened to his advice about gold and bought some coins.
Biggest mistake ever lol!
For the next 9 years I focused on my career and got married. Now I’m divorced and started picking up interests that I had before I was with my awful ex husband. Which include bitcoin. It’s come a long way since 2009.

I feel like this community will give me something bigger to be a part of and I sure hope that cryptocurrency will be around for a long time and I can prove warren buffet wrong!

Here’s my question, my coins are currently on binance. How important is it to put them on the ledger?

100% of the people here will tell you never to put any of your coins to any exchange even if the exchange is the top exchange in the market, you never know what's going to happen and you have no control on it. if you put it in your ledger and of course, you know how to operate and it
 and keep it secure, your coins are secured, you are your bank, it's better than you are responsible for your coins that to entrust to an exchange.