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Topic: Can I hold my altcoin for years in my wallet? - page 31. (Read 4500 times)

newbie
Activity: 28
Merit: 0
In addition, the device has PIN protection, and even if the device is stolen in a physical environment, your wallet cannot be opened.
jr. member
Activity: 216
Merit: 3
FORK FROM ENTHUSIASTS, FOR THE COMMUNITY
You have a chance that value will higher and you have a chance that token will die. All depends from the project. Moreover it is better to have privatekey than hold tokens in the wallet.
newbie
Activity: 22
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.
full member
Activity: 277
Merit: 100
It totally depends on what particular coins you are going to hold. It can be both ways, this is obvious as daylight Smiley
full member
Activity: 532
Merit: 107
Yes, you can. You can download the wallet of the specific coin ( i assume most altcoins have their own wallet ) also you can make a My Ether Wallet, and keep your token there as long as you wish, most people do that and it is a very good wallet.
jr. member
Activity: 280
Merit: 1
the token will remain there but its value can not be predicted in my opinion, it could be your token value becomes big value and could have the same value or can go down even gone,
token and altcoin prices are highly dependent on the market, and the market is very volatile
full member
Activity: 1218
Merit: 112
You can certainly hold your altcoins in your wallet for years, but one thing keep in mind always hold more established altcoins and it would be good for you. Avoid shitcoins, as these coins may fail in future.
newbie
Activity: 47
Merit: 0
Of course you can, for example, say that he held the ETX for about six months, then quietly sold at a higher price and snatched a good profit.
member
Activity: 490
Merit: 10
Yes as long as the altcoins is using in your community and nt yet ban but if it is ban u cant use it anymore
You're right. Storing coins on exchanges will be more beneficial than holding the altcoin in the hard purse. Because as far as I'm concerned there are so many coin that was wiped out of the crypto market because no one invested in that coin.
member
Activity: 194
Merit: 10
Yes, You can hold your altcoin for a long time in your wallet but if you use Mew address it is very risky for long time hold because Mew address always hacks but if you use Nano wallet for your altcoin hold. Nano wallet is very safe for your hold. Nano wallet is an offline wallet and it is a very popular in this world and easy to use so you can use this wallet for your account safety.
full member
Activity: 546
Merit: 101
Yes, of course you can, but I think that in this case, you should make sure that your wallet is protected from the scam. I think that the hardware wallets are the most reliable of all, because no one except you will not have any access.
member
Activity: 238
Merit: 10
I don't think you need to keep them for so long. I think the current token only needs to hold for a few months. When it's right price, it can be sold! The risk of holding a token for a long time now is very high!

Its just an easy motive mates, we need to hold our altcoins for years even though its not having good price for the main time. But if the community of your coin has a reliable roadmap, there's a great chance to gain more buyers, and could be a good reason for the price to increase into higher price value.
newbie
Activity: 81
Merit: 0
Well, it depends on you but  it depends on what  coins you are holding now.  There are altcoins that   are good and profitable  for long term,  just watch the  market price if you have your coins.  
newbie
Activity: 143
Merit: 0
Yes, you can.  But the value of your altcoin will still depend on the market, wether it go higher or lower.  Since we can never tell what will happen, i suggest to sell/trade your altcoin when the value that coin is at peak time.
member
Activity: 294
Merit: 10
Of course you can, even for a lifetime, but I more than sure that they would became mostly nothing more than a bunch of trash Smiley
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
I believe in the long term hold too.. Say 3 or more years hodl is good to see a profit..
sr. member
Activity: 1610
Merit: 372
I believe that some coins can be kept for more than two years. For example, a coin like Bitnation. Each coin is a separate project, from how the project develops will depend on the value of the coin. There are many coins that did not cost much after the listing, and after a while their price rose by 100% -1000%.
sr. member
Activity: 568
Merit: 254
•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 leave your token in your wallet even without gas and your token will not lost and will remain intact as long as you keep your private key secure. The value will now depends on the market, if it is a potential token and not a shitcoin there is a high probability that it will increase its value after 2 years.
jr. member
Activity: 280
Merit: 1
You can keep tokens in your wallet for as long as you like! When it gains value the you can always sell at anytime.
newbie
Activity: 107
Merit: 0
of course you can hold some altcoin inside your wallet. because you will get many benefits in the next few years by waiting for a higher price than the current price. because the future of bitcoin will be even better than now.
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