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RE: Why Poloniex / Kraken Crashed Yesterday? Coins Crashed at the Same Time!

in #cryptocurrency7 years ago (edited)

Can they hold any coin?
So far I'm all-in with my crypto for trading, small funds in total, but I'm learning how I would like to trade and if I make that somehow sustainable with some de-risk to how I trade. When I figured that out, I may like to go in with good money. Today I do super short term trades, ie not useful to have the funds in an external wallet.

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the only problem is that Kraken, Poloniex, etc. are third parties that have the private key to your wallets on the exchange...

I know; Luckily my finds I trade with I can loose without having 1ct of pain :) When I increase my funds, then use some cold storage, then I need to apply some mid/long term trading method.

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