Remember, LINK is the last golden ticket out of poverty and you should never store 100% of your linkies in a single place. As unlikely as it is, someone could hack Binance or even Ethereum itself and steal everything you own.
Thankfully, since LINK is a blockchain-agnostic project, that means it can be stored on ANY chain using ANY wallet in existence! Sergey and Steve actually guarantee this interoperability in the white paper and it is a large part of what makes the project so appealing in the first place. Because of this, I strongly encourage all linkmarines to split their stack evenly across as many of the following as they can muster:
>Ethereum wallet (MyEtherWallet is always good) >Several different exchanges (Binance, Coinbase, and Gemini are highly trusted) so if one goes down it's not game over >Bitcoin wallet - Bitcoin is the O.G. blockchain after all and probably more hackproof than any other in existence. >Monero wallet - storing your LINKs on the Monero chain has the added advantage of obscuring your trade history from the feds. When you finally cash out you won't need to pay any taxes on your LINK stack. >Skycoin wallet - Storing your linkies in a Skycoin wallet will actually earn you coinhours passively! It's like earning node dividends without the wait or hassle. >Try looking for little-known crypto projects that might have a fork in their future. If you store LINK on their wallet when the fork occurs, you get free forked LINK!
There are just a few ideas, but there are innumerable safe places to spread your LINK stack out in. As you can see, it's almost irresponsible to keep all your LINK in a dusty old MEW wallet when there's so many perks to storing it elsewhere. Keeping your link spread out like this also helps against the temptation to sell your LINK prematurely during the climb to $1000. Personally, I have my LINK spread out over 8 different wallets and 5 different exchanges, and I've never felt comfier.
and NEVER store them on a hardware or paper wallet. they're way too secu-- I MEAN, uh they're full of security flaws
Evan White
>someone could hack Ethereum how can you hack a network of computer?
Cameron Parker
And if any of the team members lose any dw they can just create more tokens out of nothing
I wonder how the value will drop in rate overtime
Chase Sanchez
I hold my LINK on the BTC chain
Austin Murphy
Just to confirm, if I send LINK to my Skycoin wallet I'll earn LINK coinhours for the Skycoin token ecosystem, but not actual Skycoin coinhours?
Jace Morris
tl;dr:the movie
Isaac Green
piece of shit, burn in hell
David Cook
I tried to store link on my BTC wallet but it doesn't work and I think I just lost them all
Ryan Butler
It's not showing on sky coin wallet?
Eli Anderson
Pls dont be so retarded to listen to this faggot
Ryan Diaz
I keep all my linkies under my mattress.
Eli Collins
Nice trips. Fall for what user? I just transferred 50% of my link stash into Monero, BTC, LTC, ETH, Ripple, Nerva and Tron. Worked as expected.
Joshua Thomas
Thanks op, just followed your instructions. I’m also pleased to report, I was able to do a quantum swap and actually go back and price lock my Linkies at $1 before the shadow fork happened