What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
Leaving your coins on cryptocurrency exchange is very risky because they have some many issues from hacking attacks to sabotage. In fact, an exchange platform can go down anytime because we have seen what happened to Mt. Gox and VirCurrex - they are all down today because hacking issues, maintenance negligence, and sabotage that led many people to losing their investments. Therefore, I prefer storing my coins in Coinpayments.net and as you mention Coinomi wallet for android for me and my coins safety.