Quote from: lokinator on September 11, 2017, 01:27:26 PM

Quote from: catapult on September 11, 2017, 12:54:40 PM

Hello! Which wallets do you prefer for altcoins, online or local? And why?

Thank you!

Local wallets are of course the safest way to store your coins.

Both serve specific purposes however.

I store long term coins locally and hold a few online wallets for shorter term holds (less than a month or two typically).

Storing coins for a long time is usually done in a local wallet. Some wallets give people a reward when they store coins in their wallet, they have a distribution system where most people receive the coins as long as their wallet is open as well.
Bitcoin wallets doesnt really feature that though if you look at it you could make more interest on Bitcoin if the altcoin being held is not decreasing its value and with those extra stakes the coins could get sold for an increased amount of Bitcoin.
Its dangerous yet Ive done that sort of thing before.