Can I hold my altcoin for years in my wallet? - page 11.

Orang Tua

jr. member

Activity: 252

Merit: 1

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

Yes you can, you can hold your altcoin for as long as you like. But if you are going to trade, then you cannot keep the altcoin that you have too long, you have to monitor prices in the market and make sure the value rises high before you sell it to avoid losses.

Python Master

copper member

Activity: 406

Merit: 1

Yes, you can hold your coins in your personal wallet as long as you want. Make sure that the wallet you use is safe.

Mypanara19

member

Activity: 826

Merit: 11

Yes I think you can hold your altcoins with any wallet that is safe. Meaning you must enable all the security feature of your wallet and make sure you're the only person that has access to it. Also you have to check your wallet from time to time and monitor the news and updates with your holding just to make sure you can keep up with the sudden change, like if your asset will have a token swap and other promotional project that might occur anytime.

dalimex

newbie

Activity: 123

Merit: 0

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

I depend on certain altcoins because there are many altcoins like ethereum and litecoin that can be stored for long periods of time, they will provide good profits if you are right in time, but you can't do it with every altcoin on the market.

Winedmeel

jr. member

Activity: 110

Merit: 2

Yes you can, you can hold hold anything that you want even your altcoun is highly potential earner or not but pls choose an altcoins that has a great potential in a long term holding.

mmo4me.2016

sr. member

Activity: 812

Merit: 256

You can hold as long as you like! But altcoin has some projects after the Swap period to change or fix the bug, if you take that Swap time, all the altcoin you are holding will become worthless!

beezunus

full member

Activity: 420

Merit: 100

I think it doesn't matter if you hold your coin in the wallet as long as the wallet you have is safe and you don't tell the private key to someone else so your coin will remain safe

deepakg2m

copper member

Activity: 490

Merit: 2

Of course, why not. You can store your coins and tokens in your wallet for as many years as you want to .They will be safe for sure.Just the only thing is that you have to keep your private key safe and has to secure your wallet well.

alfonshudding

jr. member

Activity: 77

Merit: 1

It is definitely possible, as long as it is secured in a proper manner, though I would recommend to hold several wallets in order to reduce unnecessary risks, cryptocurrencies are still growing so you can definitely hold them for a long time and expect them to increase in value.

Bitcoin1216

member

Activity: 364

Merit: 10

Pawsome

Of course, hold Altcoins in a wallet is a good option, the market is dropping and leaving crypto for some time is a better thing, observing crypto prices every day is often panic.

Adeforever

newbie

Activity: 84

Merit: 0

Why not, you can hold till anytime you wishes, can even be hold for 100 years as far as Crypto currency still exist and functional.

smagt7

member

Activity: 171

Merit: 10

The Future Of Work

You can hold them only if you are fully confident in the technology of the project and in their team. Now a lot of scams and projects they create quite efficiently.

gitome99

newbie

Activity: 13

Merit: 0

Quote from: kuilopp on August 02, 2018, 04:37:45 PM

Sure, there are no problems holding you coins in your wallet. But if your aim is to earn money you will have to check your tokens prices regularly to know when is the right time to sell. Your tokens may or may not gain value in the course of 2 years you have no way to know how their value will evolve.Also at one point you will need ethereum in order to transfer your tokens from your wallet to an exchange.

of course, we don't have to worry if we keep it in our wallet, our goal is to get a profit, if the price of bitcoin goes up there's nothing wrong we sell to get a profit

dumplingsandsushi

member

Activity: 476

Merit: 41

On the technical side, of course you can leave it there forever.
Crypto, after all, is really just numbers and data.
If you really don't have any gas at all (meaning eth) then you can easily buy around .1 to .2 eth and that will last you a long time.

As far as the value goes, I'm not so sure about Klarity, but since crypto is in it's infancy, there are certainly many coins that have amazing futures ahead.
But, I also think it is foolish to assume that every single coin will one day rise in price and make you rich.

Although it is almost impossible for coins to die (in order for that to happen, people would literally have to stop operating the nodes for the blockchain and stop mining it).
It is very likely that the value of a coin can drop to nearly zero.
On top of that, if there is no trading volume, than you could very well be stuck with it and not even be able to sell it for one satoshi.

eriwis

newbie

Activity: 182

Merit: 0

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

Of course, you can keep your coins / tokens for years. But here we must see the risks. For example the market drops an altcoin or switches to a new altcoin, so the choice is to temporarily hold or sell it immediately. Here, analysis and calmness are the key to success.

jins937

newbie

Activity: 151

Merit: 0

Yes you can keep your altcoin for several years in your wallet. but no you just do not say it will rise in price or Vice versa cheaper.

Ividanik

copper member

Activity: 205

Merit: 2

You're quite a risk-taker. Now even the top tokens are scary hold, because no one knows what the SEC will find on this or that project.

Cj29

newbie

Activity: 99

Merit: 0

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

Will in my opinion it will depend on which altcoin you invest. Because lot of altcoin token didnt have potential or didnt get long hold they immediately dump and didnt recover. So thats why i suggest if you hold a crypto just go to bitcoin or ethereum.

linyhan

sr. member

Activity: 684

Merit: 250

Early Funders Registration: monartis.com

You can hold your coins in your wallet for how many years if you want but be watchful in dealing for those idea. Always overview the possibilities of good and bad output and make sure and think the advantages of holding.

makawa

member

Activity: 222

Merit: 10

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

I do not know about tokens, but if you believe about that and believe that tokens will develop and bring profit, then you must accept if something unexpected happens. But whatever it is, everything depends on you personally.

Topic: Can I hold my altcoin for years in my wallet? - page 11. (Read 4500 times)