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Topic: Can I hold my altcoin for years in my wallet? - page 48. (Read 4500 times)

member
Activity: 197
Merit: 10
Its ok to store coins on your wallet as long as the keys are well kept. If you dont have your keys with you, theres possibility of losing money unknowingly.
sr. member
Activity: 958
Merit: 265
Yes you can hold your altcoin in your wallet for a year but the value of that coin is depends on the market it will change anytime depends on the market movement but the quantity of your coin will not change if you store it in your wallet, Many bagholders doing that they'll just hold and put their coins into their own wallet than putting it on an exchanges sites because sometimes exchanges site are having a problem and issues with their wallet and many hackes entering their, but it depends on you but better to put it in the safe wallet so you're sure that your coins are safe.
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
•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 coin in your wallet, no problem with that
about the value getting higher is depends on market and the development about your coins/tokens
full member
Activity: 868
Merit: 108
As long as you have a lot of coins in your wallet then hold it for a year. holders gonna win! but be sure to keep your private key safe so hackers wont access your wallet. buy and hold more coins bull run is coming Smiley
full member
Activity: 209
Merit: 100
I think you can hold your altcoin in your wallet for a long time even for two years or longer. Its totally up to you. The amount of your token will remain the same but the value of it after two years or so, we'll never know. It might increase is value, it might decrease, or the worst case scenario, it might no longer exist. Also you will need gas to trade it.The gas fee after two years might also increase. I you think the token has a lot of potential, then keep it as long as you want, but if not, then trade it as soon as possible.
In most cases  it could be considered safe and I say majority because there will be exceptions,what if,for example,the developers think about changing the coin or token doing an exchange or swap putting a grace period of a certain time,which once finished will not do more exchanges that could give a headache to the owner of the wallet that for one reason or another He/She forgot to make the change on time,that's why you should pay special attention to that kind of detail before thinking about  hold  altcoins for years in a wallet.
hero member
Activity: 620
Merit: 500
•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 as long as you can but the company of that token can't assure you to have a equivalent price that is bigger like in the ICO price. Sometimes the price value of each token changes so because of dumps and pumps so but there is a higher possibility that it might pump.
member
Activity: 84
Merit: 10
I also think that your coins will be saved for a years. The only thing that can change is their cost. If the price increases than your coins will cost more and you will be able to make a profit. But if the price goes down and you don't notice it then you will lose your money.
member
Activity: 406
Merit: 10
I think you can hold your altcoin in your wallet for a long time even for two years or longer. Its totally up to you. The amount of your token will remain the same but the value of it after two years or so, we'll never know. It might increase is value, it might decrease, or the worst case scenario, it might no longer exist. Also you will need gas to trade it.The gas fee after two years might also increase. I you think the token has a lot of potential, then keep it as long as you want, but if not, then trade it as soon as possible.
full member
Activity: 208
Merit: 100
It depends on tokens you hold, not all of them are going to moon if you hold them. Before buying any token you plan to hold for long time, you have to do some search about the project, the team and the project roadmap. Don't forget to carefully save your private keys if you're not going to use your wallet for long time.
full member
Activity: 210
Merit: 100
Of course you can have your coins into the wallet for years as long as the chain for that coin is up and of course as long as you don't loose your pv key and stuff. If these 2 are okay , then no worries for you mate.
member
Activity: 425
Merit: 10
•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 of course, ou can hold your altcoin for a  years even for a decades too, you are free to do that and this will depend on your belief also.
But of course, you need to make so sure that the altcoin you are going to hold in for a years has a potential to increase in like Ethereum, Waves, and other.
full member
Activity: 294
Merit: 100
I think it is a good thinking to hold some aktcoins like ETHEREUM because these altcoins have a good market potential and they can survive in huge competition in market. They have ability to bring huge amount of profit in future and i think that it is the right decision to hold Altcoins for future. The main thing is that just buy and sell these coins wisely because this is the only think which can give you huge profits and lose.
sr. member
Activity: 532
Merit: 253
Holding altcoins is the a good decision because we don't know the exact value of this altcoin in the future just like what happen to bitcoin price before and now! even me I hold some altcoins at hold it for long term goals that I hope someday this brings me a good fortune with a huge market value exchange.
hero member
Activity: 722
Merit: 501
i think if the tokens or the coins that you hold are worth something it should take less than one year to accomplish some respectful price.
newbie
Activity: 34
Merit: 0
Yes, u can as long as the altcoins is using in your community and nt yet banned.
jr. member
Activity: 57
Merit: 10
You can practically hold for as long as u want. But for profit making purpose, u need to keep a check on price surge and selling them off at the right time.
sr. member
Activity: 350
Merit: 250
Of course you can hold your coins/tokens for many years. But here we should take into consideration technological risks. For example what would be with crypto in few years when quantum computer will be invented? Nobody knows when will they appear.

There is no requirement to hold one coin in a wallet for a long time. As long as you own the wallet, and its private keys, there will be no problem to hold them in there.

Lots of people use ether wallets for erc20 token storage.
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
Before making the long term holding decision, you definitely should do some homework to make sure that this coin has potential.
member
Activity: 112
Merit: 10
Yes, I think you can hold some good altcoin as long as you want. But altcoins price depends in the market sale.
so learn more about altcoin then buy coin. you can buy ETH, Waves, LTC, Strat and many others popular coin.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Of course you can hold your coins/tokens for many years. But here we should take into consideration technological risks. For example what would be with crypto in few years when quantum computer will be invented? Nobody knows when will they appear.
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