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RE: What's happening to Altcoins as Bitcoin Crucial Dates get closer?

in #bitcoin7 years ago

You shouldnt really keep coins on exhanges anyway. Hacks, Mt Gox loss and recently the closure of BTCe are alle xamples of why you should ensure you retain control over your private keys at all times. I would only recomend moving coins to exchanges to trade. I appreciate that it is difficult to day trade without trusting the exchnages and leaving coins there, but this is one of the main reasons I dont day trade!

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I day trade with about $20 worth of coins. Just for fun really. Would not like to leave any more than that in any exchange.

I agree. There is a lot of money to be made in daily trading but so much risk.
On the other hand if you got etc at 400 and just left it in a wallet safe all this time then there would be 7x+ profits without doing anything or almost any risk!

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