Topic: Can I hold my altcoin for years in my wallet? - page 30. (Read 4515 times)
First of all you need to find a good cryptocurrency, because the key to long-term investment is that the cryptocurrency you are investing in will have a great future development prospect, and it will not crash during your investment. This is a long-term investment that needs to be considered.
•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?
Each token that I think it has potential. If the coin has a huge potential of course if stored longer further selling price will grow. A different number of tokens that have a potential that is not good. And growth will follow the development of the growth of the Bitcoin.
I think you can hold any altcoin for as long as you want, but if you want to trade, you should monitor the market price well by doing a very good research on the project, and make sure the value goes high before you sell it.
yes you may hold your altcoin for a year or how many years you want, the value of your token will remain. but you have no idea if the price on the market will increase or decrease. just playing a HI - LOW games.
you can't trade of transfer token on market if you have no gas at all. so you need more gas if want to trade all your token.
GAS can be traded like a regular cryptocurrency. But if you have NEO coins, you can get GAS for free if you save your NEO in personal NEO wallet (not exchange) by controlling your own private key. you can't trade of transfer token on market if you have no gas at all. so you need more gas if want to trade all your token.
•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?
The main thing is not the time for which you will keep, but the return from it. If for a year there is no return from the coin, then the meaning is then to keep the dead weight. There should be development, updating and constant indicators of price change. •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?
Of course, you can hold all your altcoins as long as you want, but I think, that not all of them will rise in price. You should be prepared that in a few years more than half of these altcoins will not cost anything, therefore, it is better to hold only promising tokens.
True indeed we can at will to save altcoin for many years in the wallet,but I think if we keep it too long it can lose a good moment,
so yes we sell only partly when the price is on the rise
Of course you can hold a coin in your wallet for years but make sure it is an old stable altcoin, so you will not lose it and it will probably increase in value. But for the future you need gas when it will exchange the coin.
Yes, this is all possible. I suggest that you can hold some promising cryptocurrencies. Ethereum is a good choice. At present, its price is very low. In the future, it will have a lot of room for growth, so investing in it will gain a lot of money in the future. wealth.
Of course, you can hold all your altcoins as long as you want, but I think, that not all of them will rise in price. You should be prepared that in a few years more than half of these altcoins will not cost anything, therefore, it is better to hold only promising tokens.
•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?
You can keep tokens in your wallet for as long as you like, the market will still trade and determine the price, when you feel you are ready to cash out then you can get some gas and then sell your tokens, there are no restrictions on the length of time someone can hold coins or tokens in their 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?
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. .
I do not think so. Electronic market is not stable. Prices of altcoin increase erratic. So you should sell altcoin as soon as possible. You will be safe and not lose any altcoin.
Yes as long as when you hold your token it still remains.
Before doing that decision mate,just make sure those altcoins have a posibility to increase in future like years. Not all of them has that kind of power to be higher in next few year, some of them are just of short term. And if you think that coin will boom in next year go hold mate.
It is not recommend to hold coins in exchange long term, why? there is a risk, that exchange might encounter a problem/get hacked. So for long term hodling of coins it is recommended to use cold storage methods and make sure back up it.
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. .
I leave for a long time only those tokens that are not traded now (or their price is very small). In this case, there is a hope to get a small profit in 1-2 years.
Yes you can hold your alt coin in your wallet but regarding with your concern, will the value remain, it depends on the alt coin you want to hold. Make sure the alt coin you will choose is the best one that can give you profit so you should do some research first before you choose.
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
If you have long-term investments, of course you can
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