Major thing in crypto to always hold most important is your personal security of your coins. I worked with the PIVX coin and we always stressed to not leave coins floating on exchanges because of the security being out of the users hand. Now if you plan on a weeks worth of buying and selling then it should be fine but if your long term holding for weeks to months I always felt safer keeping my coins in my hands just to be safe. Its always user preference but just be safe with your finances, I have seen people lose a lot of money for not stressing the paranoia of security on their side and I hate seeing anyone hurt by that
RE: Cryptocurrencies Top $101 Billion in Market Capitalization (With Price Predictions)
You are viewing a single comment's thread from:
Cryptocurrencies Top $101 Billion in Market Capitalization (With Price Predictions)
Well thats an eyeopener to me XD I will get them on my own wallets asap! thank you for your advice, didn't know the thing with exchanges
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In most cases probably something not to really worry about but there has been issues from time to time. I mainly tell you this from inside knowledge due to working within one of these coins myself. I did a bit of customer service work and heard some horror stories so I kind of get paranoid about other people handling my own security when it comes to money. Don't want to make you paranoid but just make you aware that the keys on exchanges in most aspects is in their hands. Most likely nothing to worry about but if you plan on a long term goal I would suggest getting some wallets.Most of us crypto guys stick to those. I day trade, go in for the day and pull all out at night and hold...wait for my big sell off and then back to the exchange. Just as advice, but look up MT GOX and what happened there through a google search, just so you know how those situations can go if it goes bad. Always best to read as much as you can with crypto
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit