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
It all depends on what is your goal . If you want to hold for a long term use a safe wallet and hold your own private keys .
If you are a trader then it's best to keep them on the exchange ,Because it will take you so much time and so much fees to constantly transfer your money from the wallet to the exchange and back. Me personally i keep them all on the exchange platform , that way i know if anything dips and i want to buy ,i will not miss the opportunity.