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

[Lordhermes]

There are two kinds of wallets, wallet with keys and without keys, exchange wallets are without keys, trading on exchange requires quick sellout but not a place to store your coin forever, it's risky storing coin on exchange because most exchange are eventually hacked at any point in time. There are many exchange that deals with trading from smart contract like folkdelta.

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[rahmatullah9305]

Traders has no choice than to leave their assets on exchanges in order to executes a trade. There is no other way than that but my advice is that you should not leave your assets on exchanges if you are not trading it. For those that want to hold for a long time, you do not need to leave your assets on exchanges, keep them in your wallet for safety.

Are you a professional trader? because I see you giving very unique suggestions even though what you have said has been said by many others before, you need to know that traders will only trade on the top exchange so that there is little security guarantee for their assets there, and it's easy to complain when there is a sudden problem in their assets.

[husencoe]

I also do the same thing in trading, where I set a price above the purchase price and then wait until the transaction is successful, and this actually requires considerable patience.

[nancy]

Only DEX could be adequate soltion for this

[Thomas-s]

I also do the same thing in trading, where I set a price above the purchase price and then wait until the transaction is successful, and this actually requires considerable patience.

Patience is the most important function of any investor and any trader. it does not matter it is a cryptocurrency market or a classic market. if you have chosen the right investment tool, you will make good money

[Miaallen]

The advice of don't leave your coin on exchange depends on the concerned exchange. It's not advisable to leave your coins on an exchange not well trusted or very popular. You will just wake up one day and see them gone. When you're to bid a high sell order which will take months or year to redeem,it is advised to use a well trusted exchange such as the top 20.

[New_order]

Doesn't make any sense, to trade your tokens you will need an exchange, either dex or centralized exchanges you will need to make deposits, meaning your tokens will leave your wallet and sent out to another and hacks won't warn you when it's about to happen, it's only a bit better if you don't let your tokens sleep in exchanges address

[conkeconke]

To effectively have a good trade you still need a lot of funds and if you keep half or whatever ratio, you still don't max of your full potential. In the end, I think trying to find a good and trusted reputation is the only way.

[pixie85]

Only DEX could be adequate soltion for this

With the volume DEX exchanges are showing it's safe to say no professional traders use them.

DEX is great if you want to do a safe trade and hide your activity as much as possible. They are not made for day traders.

[the_thing]

Only DEX could be adequate soltion for this

With the volume DEX exchanges are showing it's safe to say no professional traders use them.

DEX is great if you want to do a safe trade and hide your activity as much as possible. They are not made for day traders.

Yep! Liquidity is the major issue whenever using DEX that's why for traders using a centralized exchange is the best option but we should not trust all CEX only trust reputed exchanges like Binance, Huobi, Okex, Bittrex.

[levyashin]

I am using exchanges for hit&run. Deposit my money, buy what i would like to buy and just withdraw to my wallet.

Also there are some defi solutions right now right uniswap that you don't even deposit anything. So love using them.

[AjithBtc]

Without the coins on exchange it is impossible to execute trades. Leaving the coins on exchange isn't a problem, leaving it on low rated exchanges is the problem. Exchanges like Binance and few other top listed exchanges give assurance on our funds. Even during the recent hack that happened with Binance, it settled all the users who lost from its reserve. This way letting the funds sleep on trusted exchanges is not risky.

[FIFA worldcup]

I am using exchanges for hit&run. Deposit my money, buy what i would like to buy and just withdraw to my wallet.

Also there are some defi solutions right now right uniswap that you don't even deposit anything. So love using them.

Sending coins back and to the exchanges is also costly and you have to pay the high transactions fee. Decentralized exchange is also one solution but i prefer to keep my coins on the exchanges if i need to trade them often.
I only move my coins to wallet which i have bought for a long term and another important thing is that i trade on reputed exchanges only.

[rajakulam]

I always monitor my coin trading all the time and sell it when the price exceeds the purchase price, because right now I think it is more profitable for short-term trading than long-term trading.

[popeye95]

I think traders should be against holding all your coins in only one exchange. They can try to spread all of their coins in a few high rated exchanges to quickly join the market to catch the new target price instead put all of it in just one exchange and worry about it. This is the best course of action. If they don't do this and let their coins at the wallet, they are 1 step behind with the transaction's speed is slower than normal days.

[Desscount]

I always monitor my coin trading all the time and sell it when the price exceeds the purchase price, because right now I think it is more profitable for short-term trading than long-term trading.

seeing trends is very important, if you trade now the uptrend is good for the short term, because it is easy to get profits, but if the trend is bearish, then the long term is much better

[BeginToMine]

Day traders hardly leave coins on exchange and also understand some coins can be saved in private wallets especially erc20 projects but not leaving coins doesn't really mean no single coin will be there but few as some traders leaves all their life savings in an exchange. Day traders doesn't.

[abayan]

I leave my coin on the exchange so I can continue to trade that was I'm doing the gas is too expensive for now if you are going to transfer into wallet then you are going to transfer again into trading wallet it was very hassle and at the same time too much cost of gas if does happen and besides they can leave their coin on trusted exchange that they know that would not run.

[qomariah95]

I leave my coin on the exchange so I can continue to trade that was I'm doing the gas is too expensive for now if you are going to transfer into wallet then you are going to transfer again into trading wallet it was very hassle and at the same time too much cost of gas if does happen and besides they can leave their coin on trusted exchange that they know that would not run.

One of the reasons why I also don't keep assets in my wallet. Because the cost of gas is very high. I even made transactions or made withdrawals from exchange to exchange. Because it's the safest thing to do. And I still trust the exchange that I use, so I still keep my assets on the exchange.

[kensaii]

Well yeah, there isn't a single trader that didn't have SOME part of the bag at their favorite exchange. Why it was 'some part of the bag' you ask? Because just like when you making a trade, you don't give it 100% order, only a proportion of it. Same with holding your bag at exchanges just to quickly react in case there is a movement in the market. I usually hold 30-40% of my bag in exchanges and rest at my wallet. If I need more to sell because there was a good price at the market, I will send more. While waiting it goes to exchange, you have time to rethink and planing out too so not making common mistakes like quickly sell all of your bags and then the price goes even higher, cursing at yourself.