Topic: Can I hold my altcoin for years in my wallet? - page 27. (Read 4500 times)
Well if the project goes on and they keep on developing it will increase in value. But if the dev's abandon the project it will sure take a nose dive. Try to invest in solid project though especially if the plan is to keep the tokens/coins for a long period of time. These days there are soo many new projects and so few solid transparent projects. Good luck to you. Hope you find that in a few years it's worth a lot..
Yes you can hold it for long years if you want, who knows maybe the time when you need money you gain more profit or double the profit that you want.
If you are a long term investor and you want to hold it for next 5 years then you hold your coin in hardware wallet because there are many hacking attack on online wallets and if you are a trader then you can hold your coin in any exchange wallet which have strong security features like bittrex, binance etc
this between the price will be higher in the future or the price will be beyond expectations, it depends on the token we hold is a potential token. but if it is years it will be very difficult to hold because new potential tokens will always arrive.
f you are a long term investor and you want to hold it for next 5 years then you hold your coin in hardware wallet because there are many hacking attack on online wallets and if you are a trader then you can hold your coin in any exchange wallet which have strong security features like bittrex, binance etc.
Holding coins in an exchange for a long time is a terrible idea!
Unless you are a day trader, it is always better to have your coins stored either in your own wallet or in an hardware wallet or even in a paper wallet.
Exchanges come and go, and we can never be too careful with our assets.
f you are a long term investor and you want to hold it for next 5 years then you hold your coin in hardware wallet because there are many hacking attack on online wallets and if you are a trader then you can hold your coin in any exchange wallet which have strong security features like bittrex, binance etc.
Best to store if offline.
I think that it's possible, especially since there is a chance, the company who released the coin will prosper, and accordingly the price will rise! So this is a good long-term investment.
Yes you can hold your altcoin in your wallet for long time. If you think that your coin has a lot of potential for long time and you can take more growth form them.If project you are doing is excellent and his token are more value able in future then also you can hold them .
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!
You can leave it there as long as you want but you have to consider the potential core of those coins and projects to make sure it will suddenly disappear some days
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Why not? I will absolutely do it with some tokens and I don't expect them to disappear. If yes, I would go to the blockchain and I'd be very angry, but I don't see the reason.
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
Keep as much as you like! Just remember that the coin that you hold can quite adhere to your network and if you do not register your coins in your own network they will simply cease to be valuable! Always follow the updates!
Sure, you can do this, buddy. I will tell you more - that this is one of the best things to multiply your investment funds. There are a lot of traders who buy and sell, but many of them a losing their money due to this. Holding is the right way to deal with cryptos!
the coins tokens or any cryptocurrencies that kept in your safe wallet will stay with the exact quantity. if that crypto currency drops or raises you will earn or loose usdwise. but your total cryptoccurrency amount will stay same.
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.
I think you need to observe market conditions. Selling your currency when the currency price is high will be a very good choice. And it has wallet services so that even the stock exchanges to keep safer money. No I use a quality wallet service, I can give you a positive answer if you can save my money there. It is useful to make a careful choice of wallet.
I think it's depend on what coin did you hold, If it strong enough and potential I think it worth to hold. But if not, i think if you need money you can sell it.
•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?
•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 depends on the type of your altcoins. for example if you bought EOS or TRX you must transfer them to their main net. If you do not do this, you lost your assets. it means that you must be tuned about the news of your altcoins.
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