Topic: Can I hold my altcoin for years in my wallet? - page 39. (Read 4516 times)
Good question.If it is "cold storage", you can, but you need to constantly monitor changes in the world of cryptocurrencies. Rules change, conditions change.You must have a private key.
You are free to do so. But keep in mind that not all altcoins are good for long term holding given that alts are best at short term investment and holding because most of the altcoins market value are stopping to increase after a couple of months upon being released in the market. Etherium would be a good of example of a good altcoin to hold for years.
I think except ETH there are no altcoins is worth for a long term investment. after 1 or 2 years most of the altcoins will disappear like Bitconnect and centra. So don't trust all altcoins just use it for trading and make money. You can hold few months no problem but you should put one eye on your portfolio.
It seems to me 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.
•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?
no one knows what will happen with token price but yes, you can leave your altcoins on your wallet - nothing will happen with them. •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 are free to do so. But keep in mind that not all altcoins are good for long term holding given that alts are best at short term investment and holding because most of the altcoins market value are stopping to increase after a couple of months upon being released in the market. Etherium would be a good of example of a good altcoin to hold for years.
Hold in your wallet and we'll see what going to happen in the near future. Also If you can share your wallet that we can track the process. Good luck! I have couple tokens that probably will stay in my wallet for couple years. Cheers !
Absolutely yes, there is nothing to worry of holding altcoins in your provided that you have securely kept their private keys for you to recover it when time will come that you need it.
Yes ofcourse you can hold your altcoin for years in a wallet as long as you want. It will be there. If you don't have gas to sell your coin it will still remain in your wallet and value will remain but nobody can say surely it will rise or die after years. You can transfer and sell your coins if you have gas in future.
•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?
Yes you can hold you altcoins in your wallet. But altcoins price depends in the market sale. It may go down but it also may rise. Holding altcoins while the price is low and selling it when its price is high is a good tactic.•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?
Yes we can hold Altcoin in a wallet but in a safety place no one can know your private key so that it will far from scam. We hold it that Altcoin because sometimes we do not know the value of alts sometimes increasing and sometimes decreasing we hope that the value of Altcoin will always rising so that the coin that we can hold wer gain more profit.
If you feel secure with your wallet, it's good to hold onto it for years. Even a few altcoins that existed recently also benefited the more potential to grow. So, of course That you keep waiting for the profits after years will, of course, ensure the promised growth.
Well, do not do it so that you do not check 5 years on what is going on in the market, if you need it, then you'll get them out or sell them in some way.
Well, Yes of course you can store your tokens as much as you want in your wallet. Even if nothing happened. The keys are not lost, etc. I Have friends who buy Bitcoin and put it in the Bank until 20130 year when children will be 18 years, they will get their one bitcoin each.
I dont really think that store the altcoin in wallet is worth since when the price hit our expecting price, we should send it again to exchange then sell it. Better to store in exchange and set our price goal so it will automatically executed by system. •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?
Not always the cost remains the same, for example here I have 60 ethereum and now it is in the price more than I bought it almost 20 times! and was generally in 30 in January 2018. Looking for altcoin and when you purchased it. •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, but I recommend to hold any strong coin like BTC or ETH. I think any ICO or token it's not suitable to hold for long time because if you're unlucky the Coin maybe became shitcoin and useless.
We cannot assure of holding altcoin that forms into high level of price value in the future, however majority of people holding altcoin in a long term are earning multiple returns of profits. So it's up to you if you want to hold your altcoins and wait until price become high.
You can hold as long as you want. But first make sure it is not in your exchange wallet. And also make sure you researched very well on the project, to be sure it's worth holding. Very very important, in the long run you will be glad you did. Goodluck
•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?
Purse for this and created to store coins on it. In cryptocurrencies expressed a direct dependence on the duration of the retention of the coin to its price. The longer you hold, the more likely that the coin will be expensive. This applies only to promising projects on which the team is really working •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 hold the altcoin you have for as long as you want and for the token value problem you have no one knows whether the value will go down or up all depends on the potential possessed by the altcoin you have
No one can predict what will happen to your token or your altcoin. If the creator of your token are not working toward development and realization of their set objectives as contain in their whitepaper and roadmap, your token would be dead in a year!
You can hold for 2 years or 5 years according to your capacity. For this, a good wallet is needed in which you save it or put it in your trading wallet exchange yobit or bitrex.
Jump to: