Can I hold my altcoin for years in my wallet? - page 2.

justbitcoiny

newbie

Activity: 87

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?

why not, I think you can do it because long term investments are more profitable than short term ones
so I encourage people to do long term

Glok17

full member

Activity: 319

Merit: 100

Of course you can do that but it will put you at a certain risk of serious losses because not all alts are endurable in terms of a long term investments.

Jancuki

member

Activity: 789

Merit: 10

You are free to hold the coins that you have at any time because that is your right. Of course all the risks must be your own, because there is a possibility that the price of the coin can be dropped dramatically, but it can also be the opposite.

AMdemzzy072

newbie

Activity: 168

Merit: 0

You can keep your token in your wallet for several years as you wish but what is the essence of keeping your token when you can actually trade it when it is favourable.

Phantomberry

full member

Activity: 588

Merit: 103

Ofcourse that's called for long term trading holding your coins will make you big profit like bitcoin if your buy in 2011.

otunyot

member

Activity: 224

Merit: 10

If your wallet is not constantly been expose on the internet, wallet that is keeping long term coin should be very cold. You can not afford to be send and receiving coin all the time on such wallet. Additionally, such wallet should be offline as well!

Recaptcha211

newbie

Activity: 3

Merit: 0

Of course we all need altcoin because all those who are patiently investing in it and are waiting for long and holding their altcoin for a long time will increase their earnings.

3x1t

member

Activity: 233

Merit: 10

Yes, it is possible because wallets support this deal. You can hold your money there even if you want to do it so mong time. From the other side I am not sure that you will hold them for few years. Money need in work to encourage their ability to be demanded.

btcCoincart

newbie

Activity: 308

Merit: 0

Yes you can store as many coins you have in your wallet, just be careful, nothing on the internet is safe! So keep your private key carefully, and if you can, divide your coins or tokens into many wallet to avoid losing all of them as once!

A L I E N

legendary

Activity: 1358

Merit: 1000

Quote from: aghedo1 on August 28, 2018, 07:23:26 PM

Yes you can hold altcoins in your wallet for years, you just need to keep your private keys secured. It may be worthwhile to buy a hardware wallet especially if the tokens are much

Yes, sure, you can do it, but WHY are you going to hold altcoins for years? The market is volatile. it will give you much more money if you trade actively. Holding the crypto and doing nothing more does not work.

Gras

jr. member

Activity: 238

Merit: 1

As previous experience shows, almost all coins are growing in the growing market. Therefore, I believe that you should wait for the growth phase and then with a high probability you will be able to sell the coin with a profit. However, it is difficult to say how long the growth phase will have to wait. Perhaps two years and maybe more.

dat.ho12492

jr. member

Activity: 378

Merit: 1

Quote from: hawkins on August 31, 2018, 04:02:53 AM

Quote from: thanhhoian2016 on August 31, 2018, 03:59:22 AM

Of course, I am also keeping my coin Buddy in my purse, I believe one day it will help me become a millionaire. This is not far off, it will become a reality.

Of course, as long as you keep the private key from your wallet, you can even save it for decades. but we don't know when the altcoin price we have is up, so I suggest taking every opportunity if you have made a profit.

Agree, I do not think people like to make money just by holding and waiting for a long time, it's really a very boring action and requires a lot of patience, sometimes even a meaningless waiting, many people have achieved great losses with this action, I do not hope we will be the next. Your suggestion is still more optimal when we take advantage of opportunities in the market, money will be born more but be careful with the surrounding risks

vendy86

full member

Activity: 490

Merit: 106

As long you still have access to your wallet nothing to worry about. That's why save and backup your private key is the most important thing to do. And never use exchange wallet to keep your coin. Better to use offline wallet then save the private key at external disk so you can access it anytime you want.

Cassy14

member

Activity: 237

Merit: 10

You can hold your tokens in your wallet even a decade or more.
Just make sure to make more copy of your private keys, this will make you safe and access the wallet anytime.
this is the only key that you can have on accessing your wallet.
wallet will remain and its tokens but the safeness will depend on how you manage it.

florianuhlemann

full member

Activity: 378

Merit: 100

Keeping coins in your wallet is the best solution for long-term storage. Because only you are responsible for your money.

Chachacoin17

sr. member

Activity: 672

Merit: 250

Quote from: hawkins on August 31, 2018, 04:02:53 AM

Quote from: thanhhoian2016 on August 31, 2018, 03:59:22 AM

Of course, I am also keeping my coin Buddy in my purse, I believe one day it will help me become a millionaire. This is not far off, it will become a reality.

Of course, as long as you keep the private key from your wallet, you can even save it for decades. but we don't know when the altcoin price we have is up, so I suggest taking every opportunity if you have made a profit.

Keeping private wallet must be safe always, and avoid sharing your pc to other users if you have it publicly. Always keep confidentiality at your own personal responsibility, in order to make your funds at safe storage. If we maintain it safer, even for more years it hasn't been touched you'll be able to sell it successfully in the future.

santino11

full member

Activity: 448

Merit: 103

Everyone can hold the tokens on their wallet for years as long as the private keys are saved well.
any coin can be store on their respective wallet even for a life span as long as you have your private keys it will be safe.
and you can open your wallet anytime and use it.

ljp7839008

sr. member

Activity: 490

Merit: 250

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?

If you do not have the funds for the transaction I think you have only one option is to keep the coins in your wallet. Later time, the price of a token may fall and Vice versa grow very well. I think it's for long periods of time can give you a good result!

SusuLee

copper member

Activity: 15

Merit: 0

well, absolutely you can. ups and downs is a rule of life. If you get into it, take a big risk then take a big success. Be smart! Good luck!

hawkins

hero member

Activity: 1204

Merit: 500

Quote from: thanhhoian2016 on August 31, 2018, 03:59:22 AM

Of course, I am also keeping my coin Buddy in my purse, I believe one day it will help me become a millionaire. This is not far off, it will become a reality.

Of course, as long as you keep the private key from your wallet, you can even save it for decades. but we don't know when the altcoin price we have is up, so I suggest taking every opportunity if you have made a profit.

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