Bitcointalk Mobile Browser presented by IRLBTC™

<< >> (p.31)

Author

Topic: Exchange or Wallet? (Read 8780 times)

DaWidyaa

Full Member

Activity: 490
Merit: 100

Re: Exchange or Wallet?

March 05, 2018, 12:33:52 PM

#601

I think better save in the wallet because if the save in exchange security is very weak and easy to hack. So I suggest when saving in the wallet and when on exchange only when selling coins only.

cabin

Sr. Member

Activity: 604
Merit: 250

Re: Exchange or Wallet?

March 05, 2018, 12:45:25 PM

#602

The point here is not far fetched at all. Keep your coins/funds in your wallets immediately when you are done trading them at Exchange, because of inevitability that may likely occurred to this exchange. So, hardly unless with carelessness can your coins be scammed in your encrypted wallets.

Greenrace

Full Member

Activity: 280
Merit: 102

Re: Exchange or Wallet?

March 05, 2018, 12:49:53 PM

#603

to store the coins we have will be more safely stored in a special wallet in accordance with the coins we have as an example we shed eth in MEW and exchange only for transition only

TOKENAIRE | JOIN OUR TOKENSALE | TOKENAIRE
World's First Exchange to Tokenize People
WATCH VIDEO TWITTER BITCOIN TALK GITHUB WHITEPAPER

balakang00

Full Member

Activity: 266
Merit: 100

Platform for Investing in Cryptocurrency and ICOs

Re: Exchange or Wallet?

March 05, 2018, 01:05:18 PM

#604

Quote from: Janinjo11 on February 12, 2018, 05:55:57 PM

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice. What are pros & cons of each option?

Thanks

If you want to trade, obviously that is exchange and if you want to keep it, put it in an online wallet. It depends upon the person which is better or more efficient to them. If you are contented on what you have and is just waiting for the value to go up, storing in a wallet is the best strategy, but if you want it to grow higher and gain more, try trading.

RedArcher

Newbie

Activity: 101
Merit: 0

Re: Exchange or Wallet?

March 05, 2018, 01:18:21 PM

#605

Quote from: Radientgurkin on March 05, 2018, 09:58:35 AM

Quote from: RedArcher on March 05, 2018, 09:43:11 AM

Quote from: realcrypto on March 03, 2018, 05:14:25 PM

Exchangers is the worst place to keep your coin. your coin can easily be stolen. please keep your coin in wallet where you have the private key.

1000% correct.
don't use exchange for storaging coins. no way.
me personally gave up using exchanges at all after all these hacks.
I found aggregator - coinmonkey.io . it is a sort of supermarket where you can buy many things, it has rates from major exchanges and you can use any of them for transactions.
and no registering or verification needed. just fast and safe. no exchanges.

Absolutely!

This has been said enough already. But just wanted to emphasize it.

If you're holding coins for long term - get a hardware wallet!

If you're doing regular trading ( and know the risks) find a trustworthy exchange. Remember there is little help to get from anywhere if the exchange goes under or gets hacked.

well, you can hold coins for long time period but when something outstanding comes out - you just can not stay far from that. unfortunately you can not be 100% sure about any exchange safety. that's why such aggregators could be useful - you don't interact with exchange itself personally

kloinko1n

Full Member

Activity: 406
Merit: 100

Re: Exchange or Wallet?

March 05, 2018, 01:24:53 PM

#606

Keeping coins in wallets is safer. All of us many times heard and breaking of exchanges, about abduction of all money by owners of exchanges

mr.bitcoin2k17

Newbie

Activity: 84
Merit: 0

Re: Exchange or Wallet?

March 05, 2018, 02:28:06 PM

#607

For keeping money wallet is safer

philadey30

Newbie

Activity: 158
Merit: 0

Re: Exchange or Wallet?

March 05, 2018, 02:35:16 PM

#608

Personal wallet is more safer compare to exchange, in terms of holding for long term and also controllable.
Keeping your coins on exchange wallet is at your own risk, because exchange may shutdown anytime and once this happen, all your investments will get lost forever.

ankit05

Full Member

Activity: 392
Merit: 100

Re: Exchange or Wallet?

March 05, 2018, 02:52:54 PM

#609

I thing wallet is better to store your coin because the exchanger sometimes closes but sometimes there are hackers hacking your wallet. So both is good.

donotlean

Full Member

Activity: 182
Merit: 100

Re: Exchange or Wallet?

March 05, 2018, 02:57:51 PM

#610

if youur coins at good exchanges such as bittrex or binance you dont have to worry but always hardware wallets are best way to keep tokens but i have not.

Gunpaycity

Member

Activity: 294
Merit: 10

Re: Exchange or Wallet?

March 05, 2018, 02:59:32 PM

#611

Quote from: chukaday on February 12, 2018, 06:40:48 PM

If the coin or token has a wallet you should most definitely use it. The downside will be you having to manage another wallet.dat or whatever but that price is small to pay if an exchange gets hacked or goes down.

if the price of our coins are predicted to rise in a long time we should save in our wallet with all the risk but if the price is good I think we only need exchange

●● Phoenex Global ●●

◆ Taking Cryptocurrency Exchange to a New Height ◆

◣Telegram ◣Facebook ◣Twitter ◣Reddit

korchenkov

Newbie

Activity: 168
Merit: 0

Re: Exchange or Wallet?

March 07, 2018, 10:44:39 PM

#612

Unfortunately there are times that your unable to take a coin off of the exchange because your not allowed. then you have no choice. so to prevent this, whatever exchange your work with, make sure you can withdraw it before buying. Otherwise you have only 2 choices. sell (possibly for lower amount) or leave on exchange until you can withdraw it.

yannick225

Full Member

Activity: 336
Merit: 100

Re: Exchange or Wallet?

March 07, 2018, 11:40:14 PM

#613

In my opinion even the most reputable bitcoin exchanges are suspect. Not because of intention but because of the many ways an exchange is subject to attack. An onsite wallet service is no better. As I said earlier anything that touches the internet is susceptible to assault. Therefore you might consider making rules? storing 90% of your bitcoins in an offline wallet and 10% for spending or investing elsewhere, but you can do what you want.

aalborg

Full Member

Activity: 602
Merit: 100

Re: Exchange or Wallet?

March 07, 2018, 11:49:45 PM

#614

It depends on your coin turnover. If you constantly make some operations with your cryptos, it is better to save it in Exchangers. But I advise to use wallets for large amounts of coins.

joelembiid

Newbie

Activity: 154
Merit: 0

Re: Exchange or Wallet?

March 08, 2018, 12:00:46 AM
Last edit: March 08, 2018, 02:10:23 AM by joelembiid

#615

wallet. I do not trust the exchange. I can hold long term

Pattart

Hero Member

Activity: 1190
Merit: 500

Re: Exchange or Wallet?

March 08, 2018, 12:02:41 AM

#616

Quote from: philadey30 on March 05, 2018, 02:35:16 PM

For the sake of long-term saving of course the wallet is the main choice but for users who often use their coins to trade it will probably have more prefer to save their coins in exchange. I think to avoid the risk of that site is shutdown. you should find a really safe exchange site and I've found it in a local exchange in my country. so I have no doubt when saving lots of coins in exchange..

aborjin

Sr. Member

Activity: 378
Merit: 250

Re: Exchange or Wallet?

March 08, 2018, 12:13:51 AM

#617

Definitely wallet safer.There have been many attacks on stock exchanges in the recent period.

THE FUTURE OF INVESTING
|||█████████████████████████||██████████||██████████████████████████|||

IMPRESSIO

▄███████████████▄ ██ ██ ▀███████████████▀ ██ ██ ██ ██ ▄▄█████████▄▄ ▄███▄ ▄███▀▀ ▀▀████ ▀██▄ ▄██▀ ▄▄█████▄▄ ▀██▄ ██ ▄██ ▄███ █ █████▄ ██▄█▀ ██ ███ █████ ██ ██ ██████ ███ █████ ██ ██ ██████ ▀▀▀ ▄█████ ██ ██ ██████ ▄▄▄▄ █████ ██ ██ ██████ ████ ████ ██ ██ ███ ████ ██ ▀██ ▀███ █ █████▀ ██▀ ▀██▄ ▀▀█████▀▀ ▄██▀ ▀███▄▄ ▄▄███▀ ▀▀█████████▀▀

|█ INSTANT WITHDRAWALS █ TEAM WITH A HUGE EXPERIENCE IN THE FIELD █|
|█ 5% PARTNER COMMISSION █ AUTOMATED SYSTEM FOR INVESTORS █|
█████ Lightpaper Facebook Twitter Telegram █████

shekinahmarie13

Newbie

Activity: 56
Merit: 0

Re: Exchange or Wallet?

March 08, 2018, 12:26:12 AM

#618

It depends on the situation, its better to have a wallet if you want to keep it. But if youre in trading, its better to exchange. But I suggest to keep your coins and tokens in your private wallet, because it is more safer than exchanging. Exchanges get hacked and your coins and tokens will be lost. So it is more safe to better use Wallets for storing your coins and tokens.. Exchange immediately!

Elby

Member

Activity: 252
Merit: 10

Re: Exchange or Wallet?

March 08, 2018, 12:26:48 AM

#619

Lose money on exchanger most likely and you will not get coins back.

🎲 BETFURY ♣️ You play - We pay - Mine BTC Dividend tokens while playing 🎲
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

beigai

Member

Activity: 168
Merit: 10

Re: Exchange or Wallet?

March 08, 2018, 12:57:16 AM

#620

Yeah, more and more coins/tokens of exchange have been stolen recently.
So if it is not to be traded right away, it's better to mention you to take the coins to your wallet.
And put your wallet, you can force yourself to hold the coins for a long time.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 ... 141 »

Page 30

Viewing Page: 31