How much are you comfortable holding in one exchange? I'm at about 30k in blockfi and I'm starting to get a little nervous that I'm concentrating too much in a single exchange. I'm spread through a few others as well as my cold wallet but just wanted to poll this group

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>6 figures on an exchange...am I the only who is terrified of trying to move their coins and fucking something up and losing them forever?

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Update - I sacked up and sent them to blockFi haha

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I’d rather Blockfi hold it rather than me losing my own keys and having only two guesses left 😂

likehelpful

$120k on BlockFi

likeuplifting

I see it as a good return (8%) with a low-ish risk profile.

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Have about 10x that on BlockFi. It’s held by Gemini in cold storage, so honestly feels like one of the safest options out there, including holding it myself.

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180k in Celsius earning interest.

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Celsius is higher interest on BTC so I’m considering moving some from BlockFi. How is your experience so far? Do you feel confident in the company to give them custody of your assets?

Have you guys been happy with BlockFi? It makes me nervous but I like the idea of 6%...

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I have everything in cold wallet, if you don't control your coin you don't own it

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Exchanges v BlockFi or Celsius feel different to me. Otherwise you’re not cashing in on all the interest.

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I hold about 45k on BlockFi and 7k on square. The interest you can make in the long term makes it almost a no brainer compounding wise

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I have about $15k in each of the two exchanges I use. I've been meaning to update my ledger and move some off. Thanks for the reminder.

I have 15% in each of 3 sites, and 55% in cold storage. Was actually thinking of moving some back onto exchange..

Personally, not comfortable keeping more than $10k in exchanges. I have a ledger for my hodl and only keep my trading bags on exchange at hand’s reach.

Is Blockfi 6% interest on first 2.5 and then drop to 3% or is it 3% for everything if you deposit more than 2.5 BTC

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likefunny

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