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RE: The Biggest Theft in the History of the World (Approx USD400 Million Hacked)
OMG another big hack on the Japanese exchange. First Mt Gox and second this one. Exchanges are not the most secure place to store your crypto currencies - so peoples are requested to either store them in your own wallet in your computer or get a hardware wallet. By far hardware wallets are the most secure ones.
Hardware wallets only good for long term hodling. But it is not preferred by day traders, who have to store their cryptos on exchanges for regular trading.
I don't own a hardware wallet myself but I have spread my portfolio across several exchanges. Being clever and not putting all my eggs in 1 basket.
it's was most people do these days... even if 1 exchange gets hacked cryptos on other exchanges are safe... but what if all exchanges gets hacked at the same time... would be a nightmare..
its less likely for all exchanges to get hacked at once
i like you idea too
thanks
you know what i prefer to hodl than trade coz in the long run hodling will be more profitable than trading day by day