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

[Kotone]

This is logical and common sense. If you will trade obviously you will be needed to put that on exchange. Having said that, its your responsibility to make sure you are using a good and trusted exchange were those coins are gonna be safe. But there is no such thing like that. So it will depend on you, how much you willing to left there. No string attached risky but thats how trading works.

[Twinkledoe]

This is logical and common sense. If you will trade obviously you will be needed to put that on exchange. Having said that, its your responsibility to make sure you are using a good and trusted exchange were those coins are gonna be safe. But there is no such thing like that. So it will depend on you, how much you willing to left there. No string attached risky but thats how trading works.

That's the dilemma of some traders, since they are always using the exchange for their trading activities, for them it is better to let their funds sit in the exchange for a while. Because the tx fees that it will incur back and forth will be significant for them. But I think if there are days that they are not in trading, they should transfer it to a more secure wallet.

[smyslov]

That's the dilemma of some traders, since they are always using the exchange for their trading activities, for them it is better to let their funds sit in the exchange for a while. Because the tx fees that it will incur back and forth will be significant for them. But I think if there are days that they are not in trading, they should transfer it to a more secure wallet.

It is really a dilemma if the trader is actively trading, but he should make sure that he will not let his exchange sit in the exchange for a month while waiting for the market to improve, if he knows how to check and had an insight in the market, he'll know the right time to put his coins in the exchange, and also he should only trade in a reputable exchange.

[skeleto88]

From my own perspective,of Don't leave your assets in exchange means that don't store it there for a long time without doing anything or making any trades. If you want your assets to be in a safe place rather have them in your personal wallet than leaving it any exchange that are prone to any kind of attacks.

[Festac]

To trade successful you need to create trading orders on exchanges and for the order to be successful it might take seconds, minutes , hours, days or even weeks, NO way you can escape not leaving your coins on exchanges

[Mia44]

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.

[pilosopotasyo]

The risk is on you if you let your coins sit in exchanges for a long time, even if the exchange is highly reputable you never know what's going to happen, not your key not your coins, so it's better to deposit if you are going to trade but don't let your coins sit there for a long time or you will be sorry later.

[Ryker1]

Well, I would really agree that you should not leave your coins on the exchange if you will remove your eye on it because of the volatility on the bitcoins' price and you perhaps just missed your target price. It is safer to be on a day trading because you will have the chance to remove your coins anytime if the market is not getting in favor of you. But some do longer time trading because they find it more profitable to them but for me, --it will still be better to put only the amount of coins that you may afford to lose and will not hurt you so bad because at the end of the day risk is what we are taking when we do trading.
Indeed, I believed that once you leave your coin on exchange and you did not hold the private key, the coins you have been stored do not belong to you.

[BitcoinTurk]

It is essential to use an exchange service to trade, so no investor can fully stay away from these services. Generally, individuals who do not want to keep their investments in their wallets of such services send money to exchange services for a short period of time depending on market movements. After this submission, he quickly completes his transactions and transfers his existing capital back to his own wallet. This is actually nothing more than the user self-suffering for short-term transactions, but unfortunately exchange services do not provide us with any extra security measures to safely store our money. I usually prefer to keep my money in my wallet or exchange accounts. I am not constantly transferring between my wallet and exchange service account.

[spike420211]

If I do not trust the exchange, then I will never make a deposit on it.
There are many opportunities for trading without intermediaries, for example, decentralized exchanges.
The market has a fairly large number of good exchanges of this kind.

[thesmallgod]

Trading is not possible when you leave your coin in a wallet. You have to transfer it to exchange platform that you want to trade. The reason why it is being suggested that you should not leave your coin in exchange platform is the fear of an attack on the platform that might lead to loss of your coin as it has happened in the past https://thespinoff.co.nz/business/28-05-2019/how-new-zealand-company-cryptopia-lost-over-20-million-from-a-hack/. However, it is not advisable to keep coin in an exchange for a long time just the way it is being kept in a personal wallet for long term investing. When you are trading, you withdraw some percentage of your profit constantly to your wallet depending on your set goal. However, trading on a decentralized exchanges are less risky than centralized exchange but you can have issue related to limited trading, low liquidity etc.on most DEX platforms.

[aemma]

It is not as if the idea is a trader moving all his entire assets off exchanges, the idea is, keeping only your trading funds and moving others off exchanges. Also, another idea is, if you know you won't be trading for a while it is better moving the assets off exchanges as well. I think those who have been victims of hacked exchanges won't ever leave their assets for a long time again because they have learnt, once they are done trading they withdraw, it is better paying a little fee for charges than loosing a whole lot to hackers. The reason why this has been said many times is because there are some people who uses exchanges to store their assets, whether they are trading or not.

[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?

If you decide to avoid leaving your coins in an exchange then you are going to face several limitations, first of all day trading will become impossible and you will need to become a position trader or a swing trader, since it will be impossible for you to transfer your coins fast enough to the exchange to take advantage of the fast variations in the price.

Also you will be unable to use limit orders and will have to use market orders exclusively, this means you may not get the best possible price when you trade but if your strategy takes this into account then it should not be such a huge issue, however you still need to be careful and watch the slippage and avoid trading if it is too big for you.

[litepool.ru]

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.

Exactly, if we hold altcoin in the long term, there is no need to leave the assets in the exchange because they may be attacked in the future. But if we trade short-term and have constant frequency every day, then we must put money in the exchanges

[giammangiato]

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?

Some exchanges support hardware wallet trading, than you have to connect and trade but you will lose the opportunity of do good gains putting in orders your coins and you have to be costantly connected for be ready to sell at the right price!

[Innocant]

Trading was to risky doing that in your first time, And if you have coins came from a bounty and want to trade in a exchange site must better to leave on there and set a price that we want trade. But we need to choose those trusted exchange that could not lose our coins incomes of having a leaving on a exchange site. Actually most of coins came from bounty campaign are worth to trade on but some of them become shitcoins for so long.

[leatutz]

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.

Exactly, if we hold altcoin in the long term, there is no need to leave the assets in the exchange because they may be attacked in the future. But if we trade short-term and have constant frequency every day, then we must put money in the exchanges

In this process we can increase our security but still not safe. Hack problem and scam exchange can show you real face anytime. Either you short term or long term traders. Of course all traders should trust some exchange, you can't manage trading fee if you don't trust one. Every types of traders left some money in exchange, so you should withdraw your profits.

[NS-Soul]

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.

[ancafe]

I think you can only do that when you have found a token buyer directly. some people try to sell their tokens on social media. however, I do not recommend it. if you are so afraid of losing your assets in exchange, then don't keep it in the long run. You just have to pull it back to your wallet when you're done trading.

[layoutph]

Another type of trading is by buying the coin and saving it in a wallet address. For example instead of buying ETH in an exchange. Why not buy it ETH and save it a hardware wallet or wallet created in myetherwallet. This is applicable if you are a longterm trader. If not you have to risk your funds to what ever happened to exchange site.