Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Adrian on September 23, 2018, 04:08:18 PM

Title: How do you keep your altcoins?
Post by: Adrian on September 23, 2018, 04:08:18 PM
I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs
Title: Re: How do you keep your altcoins?
Post by: asayoyaasa on September 23, 2018, 05:09:24 PM
Buy ledger or trezor, if you want to hold for long term that two hardware wallet is my advise.
Title: Re: How do you keep your altcoins?
Post by: djprobsbd on September 23, 2018, 05:16:32 PM
Quote from: asayoyaasa on September 23, 2018, 05:09:24 PM
Buy ledger or trezor, if you want to hold for long term that two hardware wallet is my advise.
If you do not intend to hodl then do not need to buy Trezor or Ledger. Just use Metamask or Trust wallet for ERC-20 token.The other coin/token is kept in its wallet.
Title: Re: How do you keep your altcoins?
Post by: asayoyaasa on September 23, 2018, 06:02:26 PM
Quote from: djprobsbd on September 23, 2018, 05:16:32 PM
If you do not intend to hodl then do not need to buy Trezor or Ledger. Just use Metamask or Trust wallet for ERC-20 token.The other coin/token is kept in its wallet.
He say he want to hodl for 5-10 years so hardware wallet is the best choice, but metamask is also good as long you keep the private key, but store the private key online is also risk. Write down the private key in piece of paper is safe though as long you store it in safe place.
Title: Re: How do you keep your altcoins?
Post by: Kubiga on September 23, 2018, 06:09:27 PM
maintain my altcoin if the price goes down I will hold and buy, but if the price continues to fall maybe I will hold it and see it a few months later
Title: Re: How do you keep your altcoins?
Post by: deepakg2m on September 23, 2018, 06:59:04 PM
I hold all my altcoin in trezor wallet because it is safe and secure than online wallet and my advice for everyone keep your altcoin safe in your trezor.
Title: Re: How do you keep your altcoins?
Post by: Aliados on September 23, 2018, 07:31:42 PM
I keep my altcoins in the wallet that I know it is safe as long as I secure the private key. It is our duty to take care our password in order not to be compromised.
Title: Re: How do you keep your altcoins?
Post by: sugarchrisp on September 24, 2018, 08:42:01 AM
If I plan to keep trading them I usually leave them on an exchange.  If I'm holding them I'll move them to a wallet, hardware wallet if possible, if not then something like metamask or MEW works just as well.  If you're dealing with larger amounts though, I would suggest leaving them in your hardware wallet unless you are actively trading them. 
Title: Re: How do you keep your altcoins?
Post by: Elevteros on September 24, 2018, 09:06:01 AM
I keep all my coins in my wallet, I think this is the best option, the main thing is that there was no private key on the computer!
Title: Re: How do you keep your altcoins?
Post by: alltalk on September 24, 2018, 09:38:29 AM
Quote from: asayoyaasa on September 23, 2018, 05:09:24 PM
Buy ledger or trezor, if you want to hold for long term that two hardware wallet is my advise.
Agree. For a long term investment, it is recommended to use trezor. You can google to know how it is recommended for coin storage. However, I suggest to store your coins in several wallets. Don't store it in one wallet only, to minimize risks.