Holding 5 years a just a imagination - page 11.

Dread Pirate Roberts

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Quote from: udayantha11 on May 22, 2021, 03:47:50 AM

we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Difficult does not mean impossible, I myself keep short trading and quite active in the market but if it takes hold for a long time I'm sure I can do it. because for long-term hold it takes confidence in what we invest, I myself am very sure bitcoin will be much better than now

isaac_clarke22

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Quote from: ?? on ??

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Well not everyone is up to the long-term holding anyway and you can't blame people for that. They expect that crypto will get them from rags to riches in no time or like you know, overnight as they say.
This is why many tend to panic when the market is in red. I am not surprised by these anymore since 2019.

devil2man

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before, i also did a long term hold strategy but it was not fruitful indeed i suffered huge losses, so by now i have changed, other than keeping the coins for 5 years, selling even if at a slight loss to stem the catastrophe as much as possible, of course i speak only for myself is not a financial advice

xzone

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While some coins go up to much higher prices over the years, the price of some coins goes down completely. It is not easy to predict this, but it is very important to choose the coins correctly when investing in the long term.
5 years is a long time to hold a coin, but it is difficult to update. If you can go 5 years without selling what you have, you will probably make good profits

bamb

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Long term perspective on a good coin can be very rewarding! I imagine those that had foresight about bitcoin 10 years ago, all they have was a dream of where they think bitcoin value will be! It is important not to be taking or limited by present circumstances, we must project ourselves through our dreams and be committed to it. Cryptocurrency is still going to be bigger than we have ever imagined! So, holding quality coin for four to five years is a good strategy!

romero121

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Holding for five years of time will surely assure with big profit. This can be understood with the growth that has happened with different cryptocurrencies in the past. Till date users who have kept hold for few years of time have profited good out of cryptocurrencies. I keep suggesting my friends to save little by little and take out the profit focusing long term.

judaspriest

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C O M B O

if you are holding in the current generation, 2021 to 2025, of course the future is still very far to see,
it's a different story if you hold from 2020 until now, you can take real action by selling half of the coins you buy,
because it is bearish maybe could happen before 2022

CaptainCrapper

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Quote from: udayantha11 on May 22, 2021, 03:47:50 AM

we keep the coins for at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Now i think the bear market is going on, so holding for 4,5 years just an imagination. specially I have to say that TOP 5 coins, we must keep most probably they will surpass the All-time high again.

what all your perspectives?

The market is not stable at any time for that reason we have to understand the market trend such as when pump we have to sell when dump we have to buy this the real strategy if you want to succeed from this market.

akirasendo17

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This is why learning and looking at the project before you spend lots of your money in a project is very important, I think this is the problem the new investors are facing right now since they saw that some of the coins can make them a millionaire in their thinking, that is why they are easy to take advantage by a false project, learning and monitoring the situation is very important, the slightest mistake will put you in a unfamiliar situation as an investor.

imstillthebest

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it could be an imagination for you because you never comit the same act but holding 5 years or whatever year it was is not an imagination for a person that has a strong patience and you use nem as example but nem started at 2018 and we are in the year of 2021 .
nem was still 3 years of existence but we wont know what can happen after 2 years more , maybe the coin can make a big comeback . you better use another coin op as example

Renampun

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Quote from: udayantha11 on May 22, 2021, 03:47:50 AM

...

you can't just hold any coins in the long term, choose the ones that have long-term potential...

if you hold Bitcoin, ethereum, ADA or polygon maybe you have the opportunity to earn many times over in the next 5 years. In the crypto market, there are many potential Altcoins that you can make long-term investments, so don't choose NEM.

leea-1334

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Quote from: shadow123 on June 17, 2021, 02:30:50 AM

My idea is if we hold some coins it should be linked with a good project. Unless it will be useless keep holding for 5 years. If you have no time to analyze what are the good projects just try to keep holding around first 10 coins on the coinmarketcap. As example if someone hold 1 Eth since 2018 to 2021 it can be got more than 3000$. So the conclusion is you need to invest in a good coin.

Unfortunately if people are waiting for profits then it is market price of the token that they care about,,, and we all know in crypto good projects hardly and rarely translate into token price. At least,,, not for the few years when starting out (look at BNB).

And worse, many good projects end up just ignoring the token eventually. Great products but no adoption:)

TastyChillySauce00

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that's exactly why if you want to make a long term holding you better choose an underrated coin that have potential to become popular in the future. if you're just holding a coin that's already among the top #5 but have quite poor potential then it's the same as losing money.
Of course to judge which of coin have a high potential isn't an easy feat but usually if you invested in a coin at early phase with cheaper price its gonna increase the chance of making you profit in the future.

shadow123

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My idea is if we hold some coins it should be linked with a good project. Unless it will be useless keep holding for 5 years. If you have no time to analyze what are the good projects just try to keep holding around first 10 coins on the coinmarketcap. As example if someone hold 1 Eth since 2018 to 2021 it can be got more than 3000$. So the conclusion is you need to invest in a good coin.

Koro-Sensei

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It is historically proven that prices are going up by just holding. Take a look at BTC and other coins out there with real life usage. Its all up to us how to spot good coins and reject investing to shit coins which is hyped up by some individuals who like to manipulate markets. DYOR and if for you it could do something great in the future, holding it for 5 years is not just an imagination but a good decision.

cabron

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There are coins that somehow going to be worth holding but you should have figured to dump tokens when it didn't pump this year because it really just need a bit of a miracle to make it. Developers could choose NEM to develop in their platform but then they choose ETH. Less developers going into it, then it's not a very attractive platform, and its economy will struggle. 5 years is too long for not seeing the improvement of the platform's economy. NEM had been around before WAVES.

southerngentuk

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Quote from: Hannahanto on June 16, 2021, 07:46:27 PM

Hodle hodle!!!
Holding is one of the best way to adopt a coin but very difficult I'll say. To hold is not just simple by saying it but by practicing.
If a coin is to be held for 5 years I bet the profit would be massive in return in respective of the project. If it's a good and promising project the outcome would be very great. Just imagine people that held ETH for past 5years till date, massive return of profit. But hard to hold cause you'll be tempted somehow to sell but if you already have some funds that can sustain you I see no stress for holding.

I think keeping something for a long or short term should be planned in advance. Currently, the market situation seems to be in a very difficult period to predict, but it will be an opportunity if we put our faith and learn many other things for this market.

Twinkledoe

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Quote from: fara_buduk on June 16, 2021, 06:48:10 PM

some of the best crypto assets that can be considered for long-term investment are only bitcoin, etherium, letcoin and BNB because I have done this and holders are always fun and for other tokens there may be some that are promising while most of the others are just big gaps the downside, long-term investment risk is the necessity of life that requires having to sell some of our assets at the existing price

Only few of them are worth holding long term. Because most of them will just go down the drain. BTC and ETH seem to fall in that category. But you should always keep up with the market, because one big news, and the route of the coin may change forever. Not many people can afford to hold long term, let alone 5 years. Those are crypto users that can afford to bear whatever is happening to the market and believe that their coins are worth holding for years. And they can very well afford to lose in case.

Hannahanto

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Hodle hodle!!!
Holding is one of the best way to adopt a coin but very difficult I'll say. To hold is not just simple by saying it but by practicing.
If a coin is to be held for 5 years I bet the profit would be massive in return in respective of the project. If it's a good and promising project the outcome would be very great. Just imagine people that held ETH for past 5years till date, massive return of profit. But hard to hold cause you'll be tempted somehow to sell but if you already have some funds that can sustain you I see no stress for holding.

fara_buduk

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some of the best crypto assets that can be considered for long-term investment are only bitcoin, etherium, letcoin and BNB because I have done this and holders are always fun and for other tokens there may be some that are promising while most of the others are just big gaps the downside, long-term investment risk is the necessity of life that requires having to sell some of our assets at the existing price

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