Hi there,
Price of a token changes along the timeline. You might see the price increased 10 times or it might be 10% of the time you bought. The price completely depends on market and the project itself.
Kind regards,
Topic: Can I hold my altcoin for years in my wallet? - page 12. (Read 4515 times)
As long as you are not paying a dime to a hold a token in your wallet, you can hold any token for as long as you wish.
•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 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?
Few people were lucky to hold Bitcoins when it was still valued at $0.3. The rest is history. A lot of altcoins have even done better in the space of two three years. My advice, Hold your Altcoins especially if you are in that kind of circumstance and stay positive. The future is bright for Altcoins. A lot of Altcoin Holders will smile soonest.
I don't think anything will happen to your coins when you leave them in wallet for years so long as you keep the private keys and passphrase safe then you are good. but if lost, I am not sure you will be able to reclaim your coins unless thy type of wallet you are using has a way around it. In summary, keep your private keys and passphrase safe.
You can, as long as it is secured by you, myetherwallet offers a lot of methods that you can use.
Sure you can. And in the long term it can give a good profit. Just do not forget to follow the project, the steps of the team and take interest in the news of the project. In fact, you are an investor of the project and are directly interested in its development.
Yes of course you can hold it, you can keep it but remember prices are transparent, it rises and lowers.
Of course, you can and may hold your alt coins for years in your wallet. They won't be taken from you. You just have to play a vital role for yourself by keeping your private keys and seed words (if available) safe because when lost, I doubt you can get your tokens back.
Yes, you can hold, but I suggest you hold in a hardware wallet. Because as you want to hold for a long time, then why you don't go for the hardware wallet. MEW or other online ETH wallet, can be hackled anytime. As the crypto market is volatile, so the value of the token can be increased and even decrease too.
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.
In response to the topic, I will say yes you can hold your altcoin in your wallet for years. But make sure it is secure otherwise you may loose your coins. there are many hackers out there looking for a possible means of stealing people's coin. one good thing is that if you are holding a reputable coin, it will yeild great interest.
Yes of course. Just be careful to choose a coin that will be around in years to come. The top 10 on cmc and a few projects with solid teams further down I think should be fine.
Yes, you can hold your tokens on myetherwaller as long as you want but you should be careful and never give anyone your private key.
Actually like that, you should be able to think rationally. If indeed you are in a very weak economic situation, then sell a little coin you have. And if someday the coin you have sold is experiencing a pretty good price increase, you must accept it sincerely, because it is part of the consequences. You also still have the rest of the coins, which you can sell again. So you can still meet your needs.
I don't perceive any issue, you can hold you altcoins in your wallet for a considerable length of time. It would be sheltered, in the event that you hold more settled altcoins, as there are numerous shitcoins, if hold them then they may flop in future. Be that as it may, the better system is to offer your coins when they are pumping hard and purchase again when they crash.
Yes, you can do it easily. Pick the most reliable cryptocurrency that is supposed to live for a long time: Bitcoin, Ethereum, DASH, Litecoin, Monero. In this case, you do not risk at all, and the chances that you'll win are big.
yes you can do it with you want, you can hold it to gain profit. if you want to trade you must monitor the market price first, whether it is profitable for you or not. It's so easy here, everything can be tailored to your will.
•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 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 keep a token on the purse where the etherium is located, because the etherium is needed to pay for gas, and you will need it when you want to transfer the token to another purse.
•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 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?
That is a token, not a coins. You can hold your tokens in your eth wallet, it is fine as long your wallet is safe.
The value of your token will depends on the project of your token. If the project success, then there will be many buyers want to buy the token.
you can hold your alt-coin coins or token on your wallet no problem what is happening for the value..It is not depend on the value value depend on the buy and sell (supply and demand) but make sure to convert some tokens to coins when the main net release..if not you are safe with your wallet...hope it make sense
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