How do you trade if you won't leave your coins on exchange

[tvplus006]

We are told several times on this forum never to leave your coins on exchange, well I know the difference about low rated exchanges and high rated exchanges and I know that many traders prefer high rated exchanges for trading because of volume and Liquidity but my point is there is no way to be a trader without your coins sleeping in exchange wallets, why? Because sometimes while you are asleep bitcoin can hit a new price target.

For example BTC is trading at 8000$ and I put up a sell order at 9000$, most times this won't happen in an instant, sometimes you wake up the next day and your order became successful isn't it? ...

It is very good to Wake up in the morning and see that you have received a profit from the sale of bitcoin. But it may turn out that you sold bitcoin at night for $9 thousand, and in the morning the price of BTC is already $ 10,000. Therefore, you need to constantly be in the market and analyze to what level the price of BTC can change in order to make the right decision.

[FireBallex]

Market goes up and down at any time so I don't see how you won't leave your coin on exchange, if you are real trader you will always have coins on exchange, most especially when market is greenish

[YOSHIE]

Now for those saying 'don't leave your coins on exchanges' how do you trade?

It seems that it is often done by traders in the trade they trade is called "order", without leaving coins in the trading market.
For example:
Today you buy Bitcoin at a price of $ 8000, if you are busy people do not have time to open the exchange site, maybe you can open 3 or once a week, you can order a Bitcoin price for example $ 10,000, without coins being stored on the exchange, when you open the exchange site if Bitcoin breaks for $ 10,000 you have no Bitcoin stored that has become fiat money, orders.

[Gotumoot]

We are told several times on this forum never to leave your coins on exchange, well I know the difference about low rated exchanges and high rated exchanges and I know that many traders prefer high rated exchanges for trading because of volume and Liquidity but my point is there is no way to be a trader without your coins sleeping in exchange wallets, why? Because sometimes while you are asleep bitcoin can hit a new price target.

For example BTC is trading at 8000$ and I put up a sell order at 9000$, most times this won't happen in an instant, sometimes you wake up the next day and your order became successful isn't it? Now for those saying 'don't leave your coins on exchanges' how do you trade?

I think it is a common sense when they are telling us that we shouldn't leave our crypto on exchange they meant for a long period of time not just for a couple of days or making the exchange as personal wallet.
Of course if you are aiming for something big then wait for the price to be near your goal before sending it to the exchange as you mention if the BTC is trading at $8,000 and you don't want your BTC to be held by exchange and your target is $9,000 then wait till the price is near your target before putting it on exchange.

[Krabby]

If you want to trade, then you need to leave money at the exchange. That is the only way I know it and I still use it at the present time. If you are afraid of being hacked, you should choose large exchanges in this market to be more secure, Binance, Kucoin, Huobi... Those are the good and safe exchanges you should use

[andycarrol]

If you want to trade, then you need to leave money at the exchange. That is the only way I know it and I still use it at the present time. If you are afraid of being hacked, you should choose large exchanges in this market to be more secure, Binance, Kucoin, Huobi... Those are the good and safe exchanges you should use

indeed trading in a trusted exchange place can provide security when trading long-term but you also have to install various levels of security in your exchange account, be sure to install google authenticator, phone number verification and email verification, at least there is an effort from yourself for asset security.

[isaac_clarke22]

When it comes to that OP, I just tend to put those funds intended for trading right back in my wallet especially that I heard exchanges getting hacked. Withdrawing it out would be worth rather than leaving it in that exchange. Sometimes i use temporary online wallet like MEW but I don't recommend people to just rely on that as it is still an online wallet in reality, consider using hardware wallet instead.

[el kaka22]

When people are saying do not leave your money on exchanges they are not trying to say don't do it while trading, how could you trade without having money on your exchange, of course you are going to put it there. The thing is, when you want to trade, just check beforehand and see if you could withdraw, lets say you want to trade with 10k, put in 100 dollars and make some trades and withdraw, after that put all that 10k and make your trades and when your trades are over just withdraw your money and stop. Even if you are a big time trader, just never leave it there when you are not trading.

Put the money in when trading, take it out when not trading, thats the secure method. Is it still dangerous because you could lose all your money while trading and they get hacked at that moment? Sure, but at least its a lesser possibility than just leaving there forever.

[iv4n]

I have some coins on several exchanges I trust, even if they get hacked I think they will refund us, it's what binance did and that's the example for all other exchanges that wish to be on top! Anyway I have that coins that I use for daily trading, for some signals I catch up, or for some of my own ideas, but when I wish to make some bigger trade I deposit coins and make a trade, when I finish most of the coins go back to wallet, but I always leave some coins to sit there. Call it luck or however you want, but I never had any coins in exchanges that got hacked! Learn to make a difference between reputable and suspicious exchanges!

[JHORN]

There is no way you won't leave your coins on exchange to trade, that's why we have buy and sell orders on every exchanges, if no one wants to deposit because of fear of hack then you wont be able to buy coins most times,

[JHORN]

The only danger here is leaving your coins on exchanges for long time, when you finish trading, maybe 24Hrs trading you should withdraw your coins and wait for the next day or week you'd feel like trading again

[KaratX]

You have to create orders before going to bed and once you wake up your order might be fulfilled, there is no way you won't leave your coins or tokens on an exchange unless you aren't a pro trader or you have no interest in trading at all

[@baoli]

It is actually interesting to trade on top exchange with good 2FA and strong password you fund is secured from your end. The rest security is left with the exchange. You can set orders and sell your coin at prices you wish. If you want your coin to be with you then have to look for Dex that sales the coin to trade on.

[gabbie2010]

I will rather leave my fund in a reputable exchange while trading of course it has to be 50% of my portfolio having hodl the rest fund in my wallet thus less risk.
I will always withdraw huge profits made into wallet as a precautionary measures of course every business is risk anything can happen at anytime, we heard touching stories of exchange hacks.

[jhonjhon]

Of course, you can't make a trade to any exchanges if you don't even have a single deposit. And of course, you have to leave it for a while but not in a month or even a week. Why we shouldn't have to leave it there for a very long? Is that because we care about the safety of our money in there. Think that what if that particular exchanger has been scammed? Don't even think that they will give you your money on their site and I don't that we can urge them to give it also.

[Flux0z]

We are told several times on this forum never to leave your coins on exchange, well I know the difference about low rated exchanges and high rated exchanges and I know that many traders prefer high rated exchanges for trading because of volume and Liquidity but my point is there is no way to be a trader without your coins sleeping in exchange wallets, why? Because sometimes while you are asleep bitcoin can hit a new price target.

For example BTC is trading at 8000$ and I put up a sell order at 9000$, most times this won't happen in an instant, sometimes you wake up the next day and your order became successful isn't it? Now for those saying 'don't leave your coins on exchanges' how do you trade?

The answer is VERY simple. Make use of a DEX like the Blocknet DX platform.

You don't need to transfer your coins anywhere, you're in complete control of your own private keys at all times. You can make both buy orders and sell orders without risking your security.

It's THIS easy, yet the vast majority of people refuse to even try it. 

[MCDev]

I think that advice is for long-term holders.
If you are a daily trader it is absolutely necessary that you keep the money in an exchange wallet, but if you are a long-term holder, it is more important to ensure the safety of your money. So for long-term holders, it's not wise to put money in an exchange wallet.

[Wayrey2020]

it is not convenient to trade if you will not leave your coins on excgange. and it will even result in losses.
Imagine buying bitcoin in this clogged transaction era, then sending to to wallet address, how do you take profit when theres a bull ?

Thats why it is recommended to use trusted and legit top exchange platforms alone.

[coin-investor]

We are told several times on this forum never to leave your coins on exchange, well I know the difference about low rated exchanges and high rated exchanges and I know that many traders prefer high rated exchanges for trading because of volume and Liquidity but my point is there is no way to be a trader without your coins sleeping in exchange wallets, why? Because sometimes while you are asleep bitcoin can hit a new price target.

For example BTC is trading at 8000$ and I put up a sell order at 9000$, most times this won't happen in an instant, sometimes you wake up the next day and your order became successful isn't it? Now for those saying 'don't leave your coins on exchanges' how do you trade?

Are you selling all your Bitcoin if you are you have to take that risk but if you are waiting for the big pump to happen then don't just let your Bitcoin lying on exchanges, just wait for the right time to deposit and trade it at the price you want, the price will not jump immediately, you can sense it if you are always looking in the market.

[Jorge158]

Storage funds are not advisable to be kept on an exchange for long term unless on is a short term or day trader. Traders normally have frequent flow in their tokens hence cannot move their funds in and out so frequently. For long term investors, it is better to have funds stored on a wallet with key phrase and other login securities. Remember, "not your keys, not your cryptocurrency"