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RE: A Casual Guide to Investing in Cryptocurrencies

in #cryptocurrency7 years ago

Thank for making the post with your opinions. I am just a new and learning every day. Why did you said to keep in wallet and not to keep them in exchange ? I don't use wallet except steemit and I kept some money in bittrex and poloniex for small trade (buy low sell high). But for long run, if I keep it in exchange website, will it make problem?

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Small amount in exchanges is ok. It's just that these websites / exchanges can be hacked or shut down since they're operated by a single company. Decentralised exchanges are better.

I understand now. I will search for alternatives of such centralized exchange. It will be worse day for anyone if something happen like this. Thanks for awareness.