Great post..I want to give try...btw , at last you said that I don't keep all the coin on the exchange platform for long time..why you said that..can't we trust them..? I have keep all the coin on the exchange platform from long time..
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While established platforms like Poloniex, Bittrex etc are not unsafe, they are not safe from attacks - remember Mt.Gox? It is always better to hold ur private keys, spread your balances across wallets/exchanges - This way if you are hit in 1 place, you dont lose it all.
This is also a big factor to consider with the potential for a Hard Fork in Bitcoin. If you keep your balance with a 3rd party, you can loose a lot (will share my 2 cents on that in a post)
Thank you...appreciated your views..:))
Not saying you cannot trust them, but by leaving your coin in an exchange you do not have the possession of your own coins persay. In your own Wallet, you have the private keys and security of your own coins , on an exchange the exchange has the those keys to your wallets on their exchange is what i'm saying. Anything can happen and its better safe than sorry.
thank you for the reply...I understood:)) I will go for the own wallet...