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Topic: Can I hold my altcoin for years in my wallet? - page 26. (Read 4515 times)

jr. member
Activity: 152
Merit: 1
https://karatcoin.co
•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?


for token, I think few token can survive more than 1 -3 year, but any token just life for several month.
if developer still active, and still on roadmap, I think it will survive for several year.
but if u r  decide to hold coin may be it will different ,
because mining and development still running, and miner,comunity will always support their coin,
adding new market, publish, and many more
newbie
Activity: 252
Merit: 0
You can keep the Altcoin in your wallet, but you want to keep something to carry the price or just keep it in your purse. While you keep without profit for many years to come, whether it is your money or just meaningless numbers. I do not quite agree with what you think.
newbie
Activity: 61
Merit: 0
altcoins are much profitable for long term as they get griped to the market they start growing , but the main problem is that some coins get banned and also in some cases project goes ruined that will lead to problem for the altcoin which cant be used again.
sr. member
Activity: 658
Merit: 250
I think it will not be any problem with it. I have some altcoins that I got from bounty token last year. And I still keep it. I'm sure that it will be worthy to hold the coin that has promising concept in the future. If you think that the coin will have better price in the future, just hold it and forget it for some month or years.
newbie
Activity: 74
Merit: 0
yeah you can hold it for years!! its up to you that will you keep or not!! its you choice to deside whats right on your Ethereum coin!!!
newbie
Activity: 100
Merit: 0
i think its ok if your wallet address has run out of balance, i mean balance $ for gas or for deposit, so its save for 1 or 2 year you save your token on your wallet, unless you declare your private key to someone or some regist form, you know what i mean right. Grin
member
Activity: 168
Merit: 10
The case of course everyone, but I would periodically change my wallet, because he is exposed to hacker attacks and for the safety of his funds it is better to change them
newbie
Activity: 30
Merit: 0
I think you need to observe market conditions. Selling your currency when the currency price is high will be a very good choice. What will happen in the future we cannot predict, so we must seize every opportunity to make money to make more money. .
full member
Activity: 181
Merit: 100
The All-in-One Cryptocurrency Exchange
Your funds aren't going anywhere, but think about whether it makes sense to do so. I often think that I got the coins for nothing and they are worthless
newbie
Activity: 140
Merit: 0
i think it would be possible because you can earn on long term capital gain. It is the fundamental strategy of market.
full member
Activity: 280
Merit: 100
With your funds obviously nothing will happen, but still I would not be able to do so because at the slightest rate of growth I already have a desire to withdraw at least part of the profit
jr. member
Activity: 280
Merit: 1
You can store the crypto currency in your wallet as much as you need, because it is not forbidden in any way! The danger is that this coin can cease to exist and you will simply lose your money!

well it's important to monitor the project once you already own the coins. Majority of them do not cease to exist, yet they can lose the majority of its value very abruptly.
newbie
Activity: 88
Merit: 0
Yes of course you can hold as long as you want its your decision but nobody knows what will really happen in the future but you must keep your your private key safe to prevent losing your bitcoin.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
•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?
actualy you have a point,to hold that your coins in your wallet,because you have no gas fee in order to change it to fiat or trade  it to another kinds of altcoin but asking a question thats theres any chances that your portfolio will getting higher,my answer is yes ,because everything  crypto coins have a big chances to grow its price value,or vice versa because of its volatility in the market.
member
Activity: 490
Merit: 28
Why not? Some altcoins release their potential only after several years, and in future there will be more such cases I'm sure. Many good projects currently are below ICO price.
If the value of your coins is below the expected price, it might be  better if you just hold it than trading it with less  values, because there  are possibilities that after a year or even for several months  the price will reach full potential,rather than selling in low price.
full member
Activity: 378
Merit: 100
ApolloX
Why not? Some altcoins release their potential only after several years, and in future there will be more such cases I'm sure. Many good projects currently are below ICO price.
sr. member
Activity: 602
Merit: 262
Holding for long term is the best strategy you can do in this situation bwcause if you see most altcoin are in red blooded situation that can cause decreasing in market volume so if I were you I will continue to hold my altcoin in my wallet but make sure its contain a private key to secure your token.
member
Activity: 140
Merit: 10
Yes you cab hold your altcoins for year or two but it depends on the altcoin that you are holding because therw are some alts that have only a value for a short period of time and don't grow anymore or they became dead.
newbie
Activity: 70
Merit: 0
I think we are free to do it, but keep in mind that not all altcoins are good for us to hold in the long run given that alts are best in short term investments, Of course yes, there is nothing to worry about holding altcoins on as long as we have kept their private key it is safe for us to recover it when the time comes we need it.
ukw
sr. member
Activity: 616
Merit: 250
Of course you can leave your altcoins how much do you want in your wallet. And if the value of the coins will rise no one can say. They may rise and they may fall.  Smiley
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