Topic: Can I hold my altcoin for years in my wallet? - page 20. (Read 4500 times)
maybe it risky to hold, but all of what you have done is all worth it, especially when the prices of your tokens that you had hold is hyped up, you can get a good profit.
The time does not metter here. You can hold it for two days or years and there will be only one problem: coins could change their value and prices.
Yes most definitely, you can keep your altcoins as long as you wish in your wallet provide you have maximum security. With regards to the value, it corresponds to the current price of the market. That means anytime you wish to trade your coins, you can do so with respect to the current market price
Depends on devs decisions... Its can be dead after many reasons. But If you hold it in your wallet without gas, nothing will happen to them, only if you loose your private key, or being hacked
There are many cases when people forgot about their wallets for years. And when they remembered or accidentally found private keys they saw that the price of the coin had strongly increased.
Yes of course that what they say buy and forget because the longer you hold the safer and bitcoin might go up in a few years so its really better to hold.
Depends on devs decisions... Its can be dead after many reasons. But If you hold it in your wallet without gas, nothing will happen to them, only if you loose your private key, or being hacked
If you hold the available currency of the main network, then it can be stored for a long time. If it is erc20 then it has to change the currency once to become the real coin, so you can't hold it for too long.
I think you can hold your crypto for years because that is market rule if you will go for long term investment then i am sure you will get more profit on your investment.
lol..you can hold all your coins in your wallet for as long as you want to hold it mate and nobody can temper with it unless you grant them the access unknowingly. But be sure those altcoins are worth holding because currently most of the altcoins that are coming up have no potential so its better you do away with the new ones.
Absolutely. You can hold your coins for however long you wish, just make sure that you properly secure the wallet so no one else but you can get into it. I am guessing that if you are planning to hold the coins for a couple of years then that means that you will not be checking on your coins all the time, I would advise that you get a hardware wallet for storing your coins for such a long period of time.
If you have a lot of altcoins it's difficult because you have to follow the changes of each project, I think that you need to keep the most promising coins from the top twenty which already have a real product and then perhaps in the future you will receive rewards for waiting and patience.
Yes you can keep your altcoin on your wallet for several years. do not forget to follow the price of altcoin in the market.
this is actually the most important thing, you have to follow the news about the price to get the highest profit, you hold long but do not know the price development will be the same just spend time wasted
Yes you can keep your altcoin on your wallet for several years. do not forget to follow the price of altcoin in the market.
Yes, you can keep your coin /tokens in your wallet for as long as you can keep the wallet safe. About a possible change in price, that happens every time and the quality of the coin and market plays a major role in this. If the market favors your coin i.e there is high demand for it then the price will definitely rice.
without doubt only Bitcoin and the etherium will have a good price after a long time. Of course, you can save these coins for many years without problems, but to which purse to entrust this storage, the most difficult question.
Yes, you can keep your coin /tokens in your wallet for as long as you can keep the wallet safe. About a possible change in price, that happens every time and the quality of the coin and market plays a major role in this. If the market favors your coin i.e there is high demand for it then the price will definitely rice.
Yes. you can simply do that, nothing special, but select coins properly, top 20 is better.
Moreover think about security, better buy ledger or trezor wallet to keep your altcoins safe
Moreover think about security, better buy ledger or trezor wallet to keep your altcoins safe
It is possible to hold all your altcoins in your wallet. You will not be charged of any fee that you might think off. The issue at hand is that, do people know the password for you wallet? In such a case, the wallet becomes unsafe and can be hacked easily if your password is to the public.
Yes I don´t see why not. I don´t know of any chain that charges you for just having your stuff stored on it, so you could in theory be there hodling 10 years.
Ofcourse you may hold it for years in your wallet but the problem is that, not all altcoins are profitable for holding through years. Only some are promising or having price increase as years as passing by. So choosing the altcoins to hold is advisable. If you think that it won't give you profit, selling will be a better thing to do.
Of course, you can store your tokens as much as you like, there are no problems in this. The price can both grow and decrease and you will be able to withdraw your coins as you want.
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