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Topic: Can I hold my altcoin for years in my wallet? - page 9. (Read 4500 times)

legendary
Activity: 1554
Merit: 1334
Yes you can.
I have Ledger Nano S and I sent all my coins to ledger.
But you have to observe some swap or mainnet actions of coin. It's very important.
jr. member
Activity: 1372
Merit: 1
This year it is better not to sell coins, I would leave them for 2-3 years at best, I think by this time the price for crypto currency will soar very much
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
Yes you can hold your altcoin 1 or 2 years. There have no problems. But if your selected project good then the price will increase.
The price of whatever coin that you plan to store for that long better be researched because it could go bad.
newbie
Activity: 24
Merit: 0
I think you should not keep too many coins in your wallet for many years, because you can not know how long your arteries will last. You should invest in an ICO project for a year so that the amount of altcoin can be continually growing.
full member
Activity: 392
Merit: 100
Of course you can hold them in your wallet, I suggest for using ledger wallet. But you must look sometimes to projects, for example ledger can remove their support to your token.
member
Activity: 280
Merit: 60
•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?

If you don't had GAS to transfer the tokens you can easily give some on that particular wallet.

You can never tell what will happen to the altcoin value in a year or two, maybe it will become valuable for the years of hiatus and also becomes a shitcoin. The value depends on the overall business that associated by that coin. If the demand skyrocket then the value also increase.
member
Activity: 173
Merit: 19
Yes of course you can hold your coins in your wallet for a year or more, you can as long as you want to. You just need to have in mind that once you hold those coins, it may increase its value but it can also decrease it. It is a risk you are about to take, if you believe in your alt coins's future then go a head, by all means do so, but if you think and you are not seeing a bright future for it, be wise and just sell them and hold on coins that has great future, like Bitcoin and Eth.
newbie
Activity: 56
Merit: 0
You can keep tokens in your wallet for whatever time allotment that you like, the market will at introduce trade and choose the cost, when you trust you are set up to cash out then you can get a couple of gas and a while later offer your tokens, there are no restrictions on the time length some person can hold coins or tokens in their wallet.
jr. member
Activity: 280
Merit: 1
Security and Privacy Features on the Blockchain
Yes you can hold your altcoin 1 or 2 years. There have no problems. But if your selected project good then the price will increase.
full member
Activity: 378
Merit: 100
Yes it is possible and it is using by many people in the world i am doing this also with out any worry because if you are using a secure wallet then hold this for the long term with out any hesitation and altcoin market will grow more in the future so it is good for us to be in touch and hold a good portion of the different altcoin.
sr. member
Activity: 1274
Merit: 263
You can hold your altcoins in your wallet how long you want but the value is not remains because the altcoins price dumping and pumping. You are lucky if the coin that you hold is the potential coin that are possible to give you high profit.
jr. member
Activity: 220
Merit: 2
Yes.  You will be able to leave your tokens there with no gas for all of eternity if you wish.  If the coin gains value simply move some Ethereum into your wallet and send it to an exchange and profit.  Lots of options once the coin is assigned value. 
sr. member
Activity: 1736
Merit: 306
of course we can store our tokens for a very long time and for the token value all depends on the developer and lots of volume on the market if the coin you have continues to grow then the price will go up but if you have a small volume of coins then chances are the coin you have will die
member
Activity: 434
Merit: 10
ofcourse you can hold it for a couple of years even decades but make sure you put your private key of your wallet in safe.
member
Activity: 183
Merit: 10
Yes, of course, it can be as long as you want, if you believe the subcoin will make more money in the future, you can hold it in your wallet for as long as you like.
sr. member
Activity: 812
Merit: 260
yep definitely you can do that and hold it for life.Just use paper wallet method
newbie
Activity: 209
Merit: 0
Holding altcoins in your wallet for a year without any movement is still safe. I do have 4 alts which I am still holding in my wallet but it haven't lost yet. I think it is safe as long as you don't share any of your info to others.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
I think this isn't protected. you should put every one of your coins in disconnected wallet. Programmers are more unsafe at this point. What's more, they have numerous approaches to get your coins in online wallets
Definitely, some says that a completely isolated, offline wallet is far better than hardware wallet because any hackers will simply won't stand anychance trying to get into the wallet because they can't even get your IP address.
It kinda reminds me some people back then who just saving their bitcoin in their HDD, forgetting about it and then realizing that it's still there after few years.
newbie
Activity: 98
Merit: 0
Gas don't come by free chance. You might be lucky to get it elsewhere but on normal basis, you have to purchase it if you are new to trading. Maybe buy from friend or on exchanges. You might involve yourself in certain activities that might reward you. Keeping your coins will remain same in it's number but the price value might increase and decrease at many times since you are holding it for years.
It will be good to check the exchange the token is on and follow the price trend.
sr. member
Activity: 532
Merit: 250
The Exchange for EOS Community
I think this isn't protected. you should put every one of your coins in disconnected wallet. Programmers are more unsafe at this point. What's more, they have numerous approaches to get your coins in online wallets

Why not? If we are talking about Ethereum tokens it may take a sh*t tone of time to break the secret pass phrase to get access to tokens and eth - so why it is not protected? It is only matter how much attention does user draw to his hardware protection if you understand what I mean
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