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

[shadowdio]

Well it is just advice, don't store all your funds in exchange as a wallet. Trade with your extra money but still it is up to you, that's your money you decide.

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[Retainly_Collie]

If you trade every day at the exchange and use it on a regular basis, you need to leave your assets in exchange to take advantage of the opportunities of the day. And if you hold the long term sure then, never leave it at the exchange because that is too dangerous action

[imstillthebest]

Well it is just advice, don't store all your funds in exchange as a wallet. Trade with your extra money but still it is up to you, that's your money you decide.

maybe he thinks all coins are going to pull out on the exchange and if that was the case he is correct with that but no trader does that unless if he isnt done with his business which is trading    but pulling out your coins is fine because you can always deposit them and trade again   . as long as you are aware that doing this takes time and fees too  but this is nothing compare too if your coins got hacked inside the exchanged   .  not saying all traders can pull out thier coins now for safety  ,  this is only for people that are scared or cant afford to loose big

[jrrsparkles]

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?

When you create a sell order the coins will be locked from your wallet so you can't withdraw it even if you wanted too unless you cancel the trade order.

And if you are expecting huge returns from single trade order then probably you are not an experienced one.

[Guryon_master]

What they were saying is just a piece of advice specially to the newbies since they are not yet familiar with the risk Which is reasonable. But to anyone who have grown up in crypto world you'll learn some ways to protect your cryptos. But concerning bitcoin is think no need for to leave in exchange because we all have local wallets in which you can hold it for long term not unless if you want to buy altcoins with your bitcoin.

[Novatech8]

Trading on Exchanges and making profits is not that easy, to take advantage of every opportunities you will need to leave your coins on the exchange, it's better to use exchange like binance that can still reimburse if anything happens, it's more like gamble to me because hacks can happen at anytime

[LbtalkL]

Yes, no matter how reputable or trusted the exchange is, there is still a risk. That is why you need to manage your funds,  some go to the wallet for long term hodl, and some stay on the exchange for daily trading. Have you noticed the block explorer tracker cryptowhale? It tracks transactions going in and out of exchanges and wallets. Whales are playing the market for a short period of time and then they withdraw it in the safe place it's their wallets.

[Marckolind]

Easy answer:

Make use of a DEX such as the Blocknet DX platform, which makes you trade on a peer 2 peer network with any person in the world.

You can read more about it here: https://blockdx.com/

[Mianae]

Easy answer:

Make use of a DEX such as the Blocknet DX platform, which makes you trade on a peer 2 peer network with any person in the world.

You can read more about it here: https://blockdx.com/

Well using Dex is not the solution except you're market trading. If you're not market trading and puts an order waiting to be matched, your tokens are yet on the Dex. Now even when you sell tokens, they're on the Dex until you withdraw it. Truth be told there's no way a traders tokens cannot be on exchange except such trader closes their trades daily and withdraws funds to personal wallet.

[South Park]

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 the meaning of don't leave your coin on exchanges is when you have a position and no stop loss specially if you are leverage trader because when you leave it there with position you may end up losing your funds specially if your position is long then the coins when down then your funds would be nothing or lose it all.

No, when people say that you should not leave your coins in an exchange they mean exactly what they say, you can use an exchange to trade if that is what you want however you should not leave your coins there and you should get them out of the exchange as soon as possible, in theory your coins should only be in the exchange for a few minutes, you send your coins to the exchange, you make your trade and then you take your coins out of there, but many do not like to do this because it is quite impractical compared to leaving your coins in the exchange.

[mycryptocoin]

You can leave your assets in cold wallets and sell them at your desired price, but that's just theory. Because when you do it that way, you'll face a lot of disadvantages.

First of all, you may not be able to sell the price you want (the price you want to sell and the price when you complete the transfer of your assets to the floor may be different). More precisely, you will not be able to place a sell order at the desired price (limit price).

Second, hardware wallets only support certain types of assets but not all cryptocurrencies. Therefore, you must transfer them to the floor if you want to sell.

In short, it is perfectly reasonable to leave the property on the floor for trading. The important thing is that you choose a good broker to trade. It is a prerequisite to protect your property.

[fortunecrypto]

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?

This is one of the risk that you have to put on, but if you are trading Bitcoin, then go for the the most reputable exchange in the industry, it's more safer than trading it on tier 2 exchange, but you don't want to put a sell order on only one exchange, better pick at least two good exchange to trade your Bitcoin.

[vlast01]

It all depends on how you trade, if you are a long-term trader then you do not need to leave the currency you own on the exchange, if you are a short-term trader, trade with great frequency, leaving your assets On exchange is required.

Your right, If your a long term trader leaving your coins in exchange is very risky, some trader experience losing their coins even on some popular exchange. Putting your coins in your wallet is more wisely to do,if your done on trading.

[ZincUnrated]

Obviously, this can only be achieved if a certain portion of your portfolio is left on the exchanges. The ideal thing is to only trade 10% of your holdings at a time and that is the only portion that should be left on the trading exchange of choice. For security purposes, the balance of 90% should be transferred to your private wallets. Never for whatsoever reason trade your entire portfolio at any given time.

[sky_Gritzz]

man that mean never leave coin on exchange is just deposit the your own coin on exchange if you want to trade them, of course when we place our coin in your own wallet is more safe than placed on exchange

[jajorforce]

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?

Now we can't ignore top centralize exchange even though we know that we haven't all control on our funds after sending them to the exchange. After earning enough money from trade, you should withdraw your profits and always use multiple exchanges. For trading advice, we have another section.

[TheClownSong]

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?

In my opinion, there are several types of investors. There are those who really intend to invest in the long term and there are those who try to speculate by trading. There are also several types of traders because there are traders who trade daily and there are active trading in a matter of hours. I think if we want to sell our coins at the highest price, it's very easy to transfer them to the exchanger wallet

[dongosquad]

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.

The warning not to store assets in a wallet exchange is not absolute. This applies to holders who store a lot of assets for the long term, very risky because the exchange is the target of hackers.
For day traders, it is quite difficult if you do not save on the wallet exchange. Each trader also has own strategies. If there are many benefits, it should indeed be stored in a safer wallet. If the market is good and there are many opportunities then use wallet exchange, if not, move it to a safer wallet immediately.

[lobo13hf]

It all depends on how you trade, if you are a long-term trader then you do not need to leave the currency you own on the exchange, if you are a short-term trader, trade with great frequency, leaving your assets On exchange is required.

Your right, If your a long term trader leaving your coins in exchange is very risky, some trader experience losing their coins even on some popular exchange. Putting your coins in your wallet is more wisely to do,if your done on trading.

There was no suggestion to leave our coin on exchange sites for long term investment. i think the only thing that we can do to leave our coins in exchange sites for daily trading.
That works the traders must send back their money to the wallet after the trade. Some may lose their coins but exchange sites were giving insurance for them all.

[Republikcoin.com]

man that mean never leave coin on exchange is just deposit the your own coin on exchange if you want to trade them, of course when we place our coin in your own wallet is more safe than placed on exchange

very funny when trading without a deposit. maybe he thinks that his assets can't be withdrawn or something. however, what they recommend is, don't store your assets in an exchange, but you still need to make a deposit to trade anywhere.