Can I hold my altcoin for years in my wallet? - page 7.

Bitmagister

member

Activity: 94

Merit: 19

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•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?

There is a very popular belief that investing in multiple altcoins is always profitable in the long term because sooner or later they will increase their value. Of course it is an absolute myth, since throughout these years there have been countless altcoins that having reached a remarkable popularity, gradually fell into disuse or were displaced by better altcoins, so nothing guarantees that in the long term the coins that today you have will hold their value.

KarlChappe

member

Activity: 155

Merit: 10

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. But if you want to trade, you should monitor the market price well by doing a very good research on the project, and make sure the value goes high before you sell it. You can also buy many different tokens. If one of them works at a very high price, you win! Cool

Vlad_m

newbie

Activity: 70

Merit: 0

That's how the HODL works.

You just get the token and wait for eternity to see it rising

Tylev

full member

Activity: 854

Merit: 104

Of course, any altcoin can be kept in your wallet for many years. If the coin or token increases in value, your funds will also increase. Therefore, to keep for a long-term perspective, only promising altcoyins are needed. Here, everyone should determine whether coins and tokens are promising or not. Some tokens give rise to hundreds of thousands and millions of percent.

BTMgoMoon

newbie

Activity: 101

Merit: 0

If you are willing to do so, then there is nothing wrong with it, because these are your personal assets, and you can be completely at your disposal.

tdtduy

newbie

Activity: 112

Merit: 0

Of course it is. With an electronic wallet, you can store your Altcoin within the same electronic wallet that you have registered for as long as possible. But you should do good security operations to avoid hacker attacks. And to keep Altcoin in your wallet for too long will mean that you easily forget the e-wallet password. Do not make this mistake.

Answer United

jr. member

Activity: 160

Merit: 1

You can do everything but I don't think that you will do it, prices are changing and not so reliable for the so long holding and I think you will sell cryptocurrencies not so far.

wayaneka

full member

Activity: 644

Merit: 101

All altcoin still has low market cap so the price is only pump and dump, if you want to hold crypto for ayears is better chooce Bitcoin and offcource you can hold it in pesonal wallet. For altcoin is better use it for long term trading, because we can see now all altcoin back to the bottom price.

sergey_vass

member

Activity: 308

Merit: 10

Yes you can hold them as long as you want but you should consider storing them in paper wallet or some hardware wallet. Not store them on an exchange for long term. Similarly in case of desktop client or mobie wallet you should also avoid them as in case of some malware/virus you may end up losing your wallet. Wink

Invigorated

jr. member

Activity: 266

Merit: 2

Of course yet but be sure to have your private keys and wallet security backed up safely. It could be written down and locked away. Your assets will be safe for as long as the wallet exist.

mrhood

member

Activity: 190

Merit: 10

Holding in wallets is possible, but you could have another problem like unstable price of your altcoins, so do not hold them for too long time while they have value.

Anone69

newbie

Activity: 52

Merit: 0

You can hold your altcoin for as long as you want. In general, long-term investments tend to make investors more comfortable, because you don't need to focus entirely on the altcoin.

fattycoins

jr. member

Activity: 81

Merit: 1

ALWAYS DECIDE A REASONABLE PROFIT PERCENTAGE AND WHEN IT HITS THAT LEVEL YOU SHOULD SELL DO NOT BE GREEDY FOR MORE PROFIT YOU CAN ALWAYS EARN NEW ALTCOINS.

Milliionaiire

newbie

Activity: 77

Merit: 0

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•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?

all depends on the token enthusiasts themselves. if the token has a function and is in great demand, the longer it will be held, it will be very expensive.
and I suggest that if you get a token from the bounty you better hold it all until the price is really expensive after you sell it.

eziodavinci

newbie

Activity: 30

Merit: 0

Yes you can hold for 2 or 3 years if you can, notice that Bitcoin's values just few dollars several years ago. But you should choose strong coin to hold, shit coin, trash coin you should keep an eye to their price and sell now right after you have profit.

oxidoreductase

member

Activity: 224

Merit: 29

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•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?

Of course you can hold it as long as you want. As long as your expectation to the price doesnt meet. Hold it until the price that you want appears. Then trade it if you want.

jakiro.hovard

full member

Activity: 504

Merit: 100

You can hold your tokens much more, as much as you want to do, but what's the benefit? Do you think that this project will be able to survive? No, this does not always happen and in most cases it really kills your time and your money, so it's better not to do so, it's better to follow the market.

williamtkhoury

jr. member

Activity: 140

Merit: 1

You can leave it there as long as you want but oit depends on the type of coins that you are holding. Actualy it is a good way to get more profit by waiting for higher price increase.

Arrazi1507

member

Activity: 71

Merit: 10

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•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 keep your altcoin in wallet for a year, two years, or whenever you want its very safe, good for long term, and dont forget to keep your private key in the safe place.

imToken

member

Activity: 392

Merit: 14

Quote from: TaKlarPH on November 27, 2017, 08:43:12 AM

•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 of course hold your own Altcoin, as long as they are in your wallet, then they will always be there, but these Altcoins may not be worthwhile, they may be worthless, here you need to consider what kind of Altcoin It is worth holding, you must have your own ideas, otherwise it does not make much sense to do so.

Topic: Can I hold my altcoin for years in my wallet? - page 7. (Read 4500 times)