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by otakucode 3195 days ago
I've never quite understood people leaving their cryptocurrency in wallets held by exchanges. Exchanges are good for exchanging. Any time I've dealt with bitcoin (bought 10 when they were ~$3.30/ea, that was probably the best investment I'll ever make and was done on a lark for an online game) the coins spent only a couple minutes in the wallet on the exchange. Transfer to that wallet, sell, or buy then immediately (well once the transaction is confirmed, an ever-growing amount of time...) transfer to my personal wallet. And after Mt.Gox went away with $1200USD in my account with them (but 0 btc), I get the USD into a personal account ASAP as well. I'm surprised no exchanges have been made which only do this. Holding onto coins just seems like inviting trouble.