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RE: Cryptocurrencies Market Overview - October 27, 2017

in #cryptocurrency • 7 years ago

A couple of questions.

  1. Do you actively trade cryptocurrency?
  2. If so, what is your preferred wallet?

I'm still trying to figure out the exchanges and such, just haven't had the time to look into it. Does each coin have its own wallet and then you just store your keys on paper off-line for trading?

I guess another question is, has anyone started actively rating the exchanges to rate the reliability/credibility/speed/etc of each of the exchanges?

7 years ago in #cryptocurrency by
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     7 years ago  
    1. Yes. I hold most of my cryptocurrencies for the long term, but I use about 5-10% of my portfolio to trade.
    2. I have my coins safely stored on my Trezor hardware wallet. I recommend Electrum as a Bitcoin software wallet. Open source and you don't have to download the whole Bitcoin blockchain.
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     7 years ago  

    Thanks!
    I'll check into it.

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       7 years ago  

      To add to that - I use Exodus software wallet for BTC and ETH holdings. Been good so far and then hold a small amount of crypto to trade with on bittrex exchange.

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