Topic: Can I hold my altcoin for years in my wallet? - page 44. (Read 4500 times)
how much you can hold your fiat money in your wallet
If you really want to make good money, just hold some good alt for few years, but some times when the price moves up very well you could sell off part of it and keep part, You can also rebuy some more if the price happens to go down pass where you sold, this is another way of increasing your holding of the asset.
•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?
You can leave the alt in the wallet no problem in leaving it there and as far as the increase in value is concerned if you have good alts then it will increase in price and if you have some shitcoins then it won't increase or maybe just die after a few months.
As practice shows, this way of earning money is often more profitable than active trading. Many people often lose in the daily pursuit of profit. In addition to money, they also lose their health). Sometimes it is better to save, and two years later will wake up in a fine mood. I think so. And it does not require a lot of special skills.
Sure you can as other members already told you. Just select good token/coin to hold I think most of the top 30 cryptos are safe to keep for years.
Sure you can do it. You can keep on your wallet as many ETH as you want and as long as this cryptocurrency exists. Suppose, you can also trade with some of your Ethereum – it will bring more profit.
in fact technically this can be done. You can also do this exactly as you can. but can you log in at any time after the actual annoyance of this account? you can store your passwords or json file. if you can handle these problems I can not see any reason why you can not keep the ethereum you have. I have friends keep ethereum their myetherwallet for many years. This is myetherwallet that I'm talking about not offline wallet. think about it. if you keep in offline wallet . probably you will be much safer.
•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! •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 your altcoins for years. I think Nano S secures ETH as well. And as others have already pointed out, as long as you know what to secure it, then you will be good.
But it really depends on what altcoins you are going to hold for long term though. If its shitcoin then don't bother to hold them long because they are just for pump-and-dump, meaning short term only.
Klarity coins? never heard on it, but if that coins is your likely choice to hold for long then goodluck to you.
But it really depends on what altcoins you are going to hold for long term though. If its shitcoin then don't bother to hold them long because they are just for pump-and-dump, meaning short term only.
Klarity coins? never heard on it, but if that coins is your likely choice to hold for long then goodluck to you.
You can definitely hold the altcoin in your wallet for as long as you want, provided you keep your wallet safe.
The value of the coin can go up or down depending on market condition and the project development. It is the same as investing in stocks or foreign exchanges.
The value of the coin can go up or down depending on market condition and the project development. It is the same as investing in stocks or foreign exchanges.
Obviously you can hold your altcoin not only for a year also for as many year as you want.The price of altcoin will depend on the market rate.But there's a problem in holding altcoin.And it's if it's banned you can't use it anymore.Also if the price got down you have to sell it in low price.
of course you can, only thing that you have to do is remembering your private keys and if in a hardware wallet. keep it safe.
Its a simple thing to do since your ERC 20 wallet is safe then you can leave it for years and wait till the coin gain huge value. When it gains value the you can always sell at anytime.
•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 your coins in your wallet for unlimited time and it not require any balance but whenever you want to transfer or trade your coins, you have to add some funds there to recover gas fee. You have to put your key on a safer place otherwise you loss all your coins. •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?
•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?
Actually it depends upon the coin you are holding.•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?
If you have a quality coin like ethereum, bitcoin cash, LTE and Neo.
I think its better to hold this coin, since have a potential to remain in the market and regain their value.
I suggest be speculative with altcoins as they are much more prone to any big events and holding too long might not be a viable strategy, those coin you mentioned has pretty low marketcap and only if you have nothing to lose, leave it there, if not it's better to seek for alternatives pay some gas and you are good to go, still if you insisted just leave it there, i have a few coins that seems too early to let them off even though they are just worth dollars and nothing much interesting, depends on your volume as well but the saturated market wouldn't make your coins rocket high if they are not competent enough.
Yes you can hold your Altcoin as long as you want, but you also need to closely monitor the price of your altcoin if it is low and high. If the value of your coin is low it will only hold you and if the value is high you can sell it without losing your investment. The decision is still in you if you really want to a good profit.
Feel free to hold.it forever . There nothing wrong with that but we all know that there are some altcoin that will likely die over the time and it.losses its value. After you open you wallet and saw the value of coin it would be dead. It is most strongly recommend to sell it to gain profit than lossing all of it
Your coins, or in your case, your tokens, will never disappear from the blockchain. They will always be there, provided you never lose access to your private keys and they are never moved or transacted, or some idiot never executes a smart contract to somehow lock your wallet if it belongs to Parity (haha).
Of course, value is another thing, or price as you ask.
If the network is one day abandoned, or the blockchain closed, then sure, you may not access them any more, but no one can stop you from plugging it back online, if the source is still available!
Of course, value is another thing, or price as you ask.
If the network is one day abandoned, or the blockchain closed, then sure, you may not access them any more, but no one can stop you from plugging it back online, if the source is still available!
Of course, you can keep your coins / tokens for many years. But here we should look at the risks. For example, the dev will drop the altcoin or switch to the new altcoin and you will have to exchange your old altcoin for the new one or you will lose all your old altcoin. The exchange does not support the altcoin so you can not exchange them and it will be worthless or the blockchain will not sync anymore
If you feel yourself secure with the wallet it's good to keep hold of it for years. Even several altcoins that has existed recently too have gained more potential to grow. So, surely what you hold expecting profit after years will surely be providing promised growth.
Jump to: