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Topic: Can I hold my altcoin for years in my wallet? - page 35. (Read 4500 times)

member
Activity: 448
Merit: 12
Generally speaking your coin has a chance to increase and decrease in value, in our case 1 year period. There are many factors that can influence it`s value on the market through the year so you need to know all the information about specific coin.
new users do so, keeping their coins on purses and at the same time do not pay attention to their growth or fall long enough. Of course during this time, a lot can change and projects can die.
member
Activity: 161
Merit: 10
Generally speaking your coin has a chance to increase and decrease in value, in our case 1 year period. There are many factors that can influence it`s value on the market through the year so you need to know all the information about specific coin.
newbie
Activity: 140
Merit: 0
Definitely but should be an hardware wallet for their safety
newbie
Activity: 420
Merit: 0
Yes you can hod 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 .
jr. member
Activity: 672
Merit: 1
Moderator
In long term investment everyone always in profit but for this they have to keep good potential coins in your wallet.
You can keep your Klarity tokens for long term until you will have sufficient fund for transfer or until get your desired value. Because the price of coin is depend on projects potential. If project is good you will get definitely a good return but if there is some problem in this project then you will get nothing.
I think you hold this coin because you don't have any other option besides it. May be you will get good return.
newbie
Activity: 24
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: 912
Merit: 100
Of course you can keep, but the main thing is that there was a sense in it and as a result it brought profit.
full member
Activity: 938
Merit: 159
of course you can keep your altcoin for a few years but unfortunately no one can know if it increases in value or goes down you need a bit of luck
member
Activity: 476
Merit: 12
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: 166
Merit: 0
Yes you can! But do consider how good the project is, lets say you kept your alt coins for now and forget it for a couple of years. That coin might increase value like btc and eth but ofcourse it also might decrease, or worse the project got corrupt and fall so does the token will be worthless. Keep it as long as you want just have an update about the project even once a month.
newbie
Activity: 89
Merit: 0
Why not as long as the coin is still potentially will increase as you shall then hold bitcoin to get more benefits but it depends on whether you need the money or not

Yes of course it can be as long as the company who produce  the wallet is still exist.
newbie
Activity: 69
Merit: 0
Why not as long as the coin is still potentially will increase as you shall then hold bitcoin to get more benefits but it depends on whether you need the money or not
full member
Activity: 518
Merit: 100
•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?

In this thread are we discussing the problem with altcoins or with wallet? Because there are some altcoin that can be more reliable than any online-service for keeping your digital money. Hold Ethereum in different wallets.
full member
Activity: 406
Merit: 131
Of course, you can. But the best way is to put a private key (or seed phrase) in the inaccessible place for 5-10 years and forget about it. Then, if there were any funds on the purse, you can be pleasantly surprised. Or maybe not  Cool
member
Activity: 392
Merit: 10
Blockchain and all its different features and benefits are still at it budding stages. if you decide to hold and stretch it beyond necessary the value may diminish or changes in the blockchain technology platforms itself may bring about changes in wallet and market operations. so i advice you hold for a while and sell out or alternative after holding for some time you can sell half and keep half that way whatever happens to the remainder later will not be an issue.
newbie
Activity: 164
Merit: 0
Yes you can hold your coins in the wallet for as long as you want, When the coin develops overtime however, you stand to lose a chance to get the prices right, Besides, as the  coins grow, there may be a change in blockchain, your wallet will be on the older blockchain, meaning you will have to transfer the  coins at some point to a new wallet. here is really no problem holding the coins in the wallet, as long as they have the quality to grow, they will grow over time.
member
Activity: 238
Merit: 10
Some scam has happened before and it will happen in the future again, make a research before buy new altcoins
legendary
Activity: 1564
Merit: 1027
Yes you can hold your atlcoins as long as you want, but you will not have any idea if it's price will be increasing or decreasing but you can check it in the market often. When you're feeling that you are ready to sell your altcoins then sell it to have cash.

More important than that, over the years the coin will probably evolve by means of hard forking it's blockchain. An old wallet will stay in the old blockchain and you will probably have to export your keys and import them into the wallet's last version.
newbie
Activity: 266
Merit: 0
Yes you can hold your atlcoins as long as you want, but you will not have any idea if it's price will be increasing or decreasing but you can check it in the market often. When you're feeling that you are ready to sell your altcoins then sell it to have cash.
full member
Activity: 172
Merit: 100
Of course you can leave it there and there is a possibility that your coin will increase in number especially if It comes from an ico that gives dividends everh now and then. As with the value, we can never know for certain but there is a great chance for it to increase especially ic you let ig stay there for a year or two.
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