Topic: Can I hold my altcoin for years in my wallet? - page 16. (Read 4515 times)
On the off chance that you feel yourself secure with the wallet it's great to keep hold of it for quite a long time. Indeed, even a few altcoins that has existed as of late too have increased more potential to develop. Along these lines, definitely what you hold expecting benefit after years will without a doubt be giving guaranteed development.
You can keep you altcoin token for as long has you wish, that is not an issue but the issue is will the price on market be favourable after this long wait, no one can really tell that because of how crypto works. If the price increases during that period, then your luck and if otherwise, your luck aswell
my advice, specifically for tokens (whatever it is) should be sold immediately and not held for a long time. because it is quite risky. there is no guarantee that tokens will rise as high as bitcoin, and also the risk of the token disappearing in the market is also large. If the one you hold is altcoin like etherum or ripple, it could be for the long term.
Of course yes. You can hold your altcoins as long as you want. But if you want it to trade, you should monitor the price in the market and make sure the value goes high before you sell it to avoid losses.
I agree with your opinion, that is a useful solution
This is for sure, as long as you see some coins that you think have great potential. With confidence in the project team, you can hold for a long time not to sell.
You can keep alt coins in your wallet for whatever length of time that you need obviously its incentive in the market will change shape time to time, it might get a higher cost in the next years or it might lose it esteem, simply continue taking a gander at the market so you will realize what is occurring into your coin.
On the off chance that you don't plan to exchange it for the time being, keep it in your wallet, insofar as you keep your private key, it's sheltered. For whatever length of time that this task still exists, this token will be in your wallet. When you have to exchange it, you have to include a few gas bills.
Yes, you can hold for as long as you want. Be aware that just like any other investment, the value of your altcoins could rise or fall with the market. Make sure that you do not need the money for anything immediate if you are going to purchase altcoins, and you must be okay taking the risk. The longer you wait, you may see it rise more in the long term if you believe it will be successful as crypto is more widely used across the world. But ultimately you need to make the decision for yourself. Even if you can hold the altcoin for years, do you want to do that forever and worry about keeping track of it? If you want to only make money you can track the value and sell when it goes high, this is all up to you in terms of your strategy.
yes you can.
just make sure that if you just bought your tokens, retrieve them to your wallet first (external or exchange wallet)
just make sure that if you just bought your tokens, retrieve them to your wallet first (external or exchange wallet)
Every altcoin has a chance for a price increase. Do not worry, if you leave your tokens on your wallet, nothing will happen to them. The main thing is that your crypto-currency wallet is not hacked.
Its ok to store coins on your wallet as long as the keys are well kept. If you dont have your keys with you, theres possibility of losing money unknowingly.
Of course, you can hold your coin in your wallet for more than a year. If you plan to invest in long term, it is better as well to check the market price all the time so well keep updated the latest trend. Once your ready , you can buy a gas then you can trade or sell your coin.
You'll be fine as long as the coin doesn't do a swap.
Last thing you need to is be holding 1000 coins of some random altcoin, five years later it's worth $3000 each, but you find out four years ago they had a swap, and you are AOL (my mother-in-law's acronym for "All Outta Luck").
Altcoins can definitely be kept in a wallet as long as it still existing but it is advisable to kept such long term coin in a more secure wallet that has a high level security to protect it from theft. As regards whether the value of the coin will increase or not, it all depends on the market condition. This will determine its worth.
Its ok to store coins on your wallet as long as the keys are well kept. If you dont have your keys with you, theres possibility of losing money unknowingly.
Of course, you can hold your coin in your wallet for more than a year. If you plan to invest in long term, it is better as well to check the market price all the time so well keep updated the latest trend. Once your ready , you can buy a gas then you can trade or sell your coin.
If u have hardware wallet then u can hold altcoin for years untill then it is nt safe to hold altcoins in exchangers there is lot of risk for hacking
As long as your wallet is safe enough, you wont run into any risks, but be careful and try to hold only good altcoins, not shitty coins because they will go to zero
How can you determine the prospects for the development of the crypto currency? it is quite a complex process and unpredictable. In any case, there are such Coins that have reached their Star Time, but the consequences have fallen to the bottom. 
As long as your wallet is safe enough, you wont run into any risks, but be careful and try to hold only good altcoins, not shitty coins because they will go to zero
•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?
It is pretty cheap to get gas to power transactions, keeping your tokens for years because there is not gas is risky,some tokens entering the market now are already failing in the short term.No guarantees •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?
Your money is certainly safer in the Bank. But in crypto, money can grow a lot as an investment, but it's less secure because you can also stay with nothing
if your money does not want to decrease in number, maybe you just keep it in the bank only, but if you are interested to develop your money then investing in crypto is the answer, provided that you have to understand the basic cryptocurrency
Yes you can, but I recommend you don't use a exchange wallet. Use your own could wallet or ledger
you can keep your altcoins for years. there are no time limits for storage.
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