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Topic: Can I hold my altcoin for years in my wallet? - page 2. (Read 4515 times)

newbie
Activity: 87
Merit: 0
•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
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.
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.
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.
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.
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!
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.
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.
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!
legendary
Activity: 1358
Merit: 1000
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.
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.
jr. member
Activity: 378
Merit: 1
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
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.
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.
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.
sr. member
Activity: 672
Merit: 250
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.
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.
sr. member
Activity: 490
Merit: 250
•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!
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!
hero member
Activity: 1204
Merit: 500
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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