Quote from: ButtCrack on September 08, 2017, 06:05:32 PM

Quote from: BitDiscussion on September 08, 2017, 11:39:14 AM

Quote from: Hui8 on September 05, 2017, 07:12:16 PM

Quote from: bdog1234 on September 04, 2017, 06:49:11 AM

I have read dozens of threads saying you need to keep your BTC on a hardware wallet or paper. Anything online isn't safe they say. When trading that is not really feasible is it? I like to move in and out of positions several times a day and often at a moments notice. My trading account has a sizable balance (to me - 5 figures) in it.

How risky is this and any additional things I could do?

You can keep it like that unless and until you are doing the exchange over trusted exchanger site. Storing your coins in the multi wallet like storj and waves is also another good option and is preferred one off course. With Multi wallet you will have options to hold private keys and with that kinda money I believe I will prefer the wallet only. Trades can be done easily as it takes half an hour sometimes more if you have paid low fees for transferring funds from wallet to exchanger. We can tolerate that one without compromising our money.

Security is one of the major concerns of all the holders, especially when it comes to digital world. I keep my bitcoins in two wallets but I have met a guy who has no wallet and keeps his coins on one exchange site. Still, he hasn't lost a single digit from his amount.
He must be clever with his passwords and keys.

Maybe he is a day trader and he need uses Bitcoin for trades everyday.
Example my master teaches me knowledge in trade crypto, he never use could or desktop wallet can keep private key for store his Bitcoin, even exchange has annouce about the risk lost Bitcoin in HardFork. Grin

There is no comparision behind the hardfork and the private key usage. Private key can be safe using desktop wallet also but hork fork cannot be controlled by us. Check with your master clearly about that. If you are regular trader in any reputed btc exchange you just need to set up the trade value and limit in your merchant account continuously whenever the price changes.