View Single Post
Old 01-16-2018, 02:43 PM   #261
BananaPancakes
Crash and Bang Winger
 
Join Date: Apr 2006
Location: Calgary, AB
Exp:
Default

Quote:
Originally Posted by desiboy View Post
If I'm only dealing with a few grand which is spread across multiple exchanges, does it make sense to put them each into offline wallets? My goal is to pretty much treat these as short or long term stocks and cash out once in a while.


Sent from my iPhone using Tapatalk
I keep all of my crypto in offline wallets as well. If you're not day trading, I don't see any reason to keep them on an exchange. Like Canehdianman said, exchanges get hacked all the time, and if someone takes them they are gone forever.

A few grand might not be a lot to you now, but who knows what it will be worth in the future.
BananaPancakes is offline   Reply With Quote
The Following 2 Users Say Thank You to BananaPancakes For This Useful Post: