Topic: Holding 5 years a just a imagination - page 12. (Read 3454 times)
Either you win or loose,It all depends upon your coin selection.If your portfolio consists of worthy coins having physically global business and professional team and vision to expand then you are more suitable than who have shit coins and expect to be rich.Indeed in case we need to hold a coin for a long time we ought to keep upgraded with the news of the coin that we hold, we cannot fair take off it absent without seeing any upgrades approximately the news, ventures or any data around the coin. We ought to select a solid principal coin in the event that we arranged to hold a coin for long run.
Agree with imagination, both good or dead coin i think will really need a guy with a strong belief and maybe rich to hold a lot of coins. Because from what i see, when bitcoin price pumped and followed by some altcoins, people will feel very happy and sell their coins immediately. Honestly maybe not all, but like me for example, i already happy although ETH reach $400 and sell some of my coins before first big pump.
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.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.
Holding for five years is an investment, maybe you meant trading during those five years and while it is true that trading can be more profitable than trading we need to ask ourselves how many people actually can make money while they trade? And we know that number to be incredibly low so this is not something I would recommend, and finally when it comes to mining the costs will keep a lot of people away as you need a high starting capital and you also need expertise on the topic and cheap electricity.You need to consider it all before making decision, but with good efforts in finding all the information it's very possible that you'll come into a decision that will probably profitable base from your observation.
The more you dig in the more you see what's best for you, in that span of time there are many things that may happened, you can't control but you can expect base from your research.
The beauty of this industry, it's still young and it's still on progressive status, long-term view, this business can bring good profits.
I believe that this is why you have to understand if the project you want to Hodl for that long is worth the Hodl. Not all coins in Alst are good for hodling for that long, I will not personally Hodl outside Bitcoin and Ethereum for a long term because once I am sure that the bear market is in, all Alts are liquidated to stable coins.
hodl is in accordance with belief, by looking at what coins are good, one of them is by research and looking at it from another perspective.it's true like that because not all coins in alt are good and we have to be really observant in choosing if we want to hold it for a long time. and i think you're pretty good at mentioning eth and btc because these are great to hodl for a long time
5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.
Holding for five years is an investment, maybe you meant trading during those five years and while it is true that trading can be more profitable than trading we need to ask ourselves how many people actually can make money while they trade? And we know that number to be incredibly low so this is not something I would recommend, and finally when it comes to mining the costs will keep a lot of people away as you need a high starting capital and you also need expertise on the topic and cheap electricity. holding cryptocurrency for 5 years is really not that easy especially for someone that is really into cryptocurrency or a daily trader, A lot of cryptocurrency or token in the market will have a lot of movement in the past 5 years if you continue to hold and some of the tokens could be worth investing and some are just not worth it to continue.
But when it comes to holding long term I guess it's obvious that it is always bitcoin and Ethereum, they just the cryptocurrency that is ideal to hold for long term and earn a high amount of profit after 5 years, other cryptocurrency could just end up losing money.
For me it just depends on your strategy plan in your investment how are you going to handle the dumps or taking the profit, short term or long term? I mean even holding bitcoin for years is not that easy.
I disagree that holding is a very difficult thing, people think that holding during all these periods, holding during 2018 crash, holding during this crash, holding if there is even a bigger crash, all are said to be very hard. Not for me, you know why? Because holding actually means "doing nothing", think about it when you absolutely nothing at all, you are actually holding, if you bought and then just went about your day and do nothing about crypto that means you are holding and that is not difficult at all.But when it comes to holding long term I guess it's obvious that it is always bitcoin and Ethereum, they just the cryptocurrency that is ideal to hold for long term and earn a high amount of profit after 5 years, other cryptocurrency could just end up losing money.
For me it just depends on your strategy plan in your investment how are you going to handle the dumps or taking the profit, short term or long term? I mean even holding bitcoin for years is not that easy.
In fact selling is doing something and that is harder, you make a decision on selling or not and decide to go with selling, which is an act so you do something, which is evidently harder than doing nothing because there is nothing hard about doing nothing. So all those people who think holding is hard are people who are just too afraid to do nothing.
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.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
True, holding cryptocurrency for 5 years is really not that easy especially for someone that is really into cryptocurrency or a daily trader, A lot of cryptocurrency or token in the market will have a lot of movement in the past 5 years if you continue to hold and some of the tokens could be worth investing and some are just not worth it to continue.
But when it comes to holding long term I guess it's obvious that it is always bitcoin and Ethereum, they just the cryptocurrency that is ideal to hold for long term and earn a high amount of profit after 5 years, other cryptocurrency could just end up losing money.
For me it just depends on your strategy plan in your investment how are you going to handle the dumps or taking the profit, short term or long term? I mean even holding bitcoin for years is not that easy.
5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.
It's very easy to talk. but if we talk about 5 years, 5 years is a very long time. When we decide to hold the coin in the long term we must have been very confident in all aspects of the project. if the price goes down, it is a risk that we must accept.
The problem is not really the time but what happens during those five years, I have no doubt that someone willing to hold bitcoin for that long will obtain profits no matter what even if they bought at the ATH, but the issue is that we know that the price can go down dramatically during that time and you could face losses for years and very few are going to have the patience and the guts to hold for that long under those circumstances, so if you can you need to enter at a bottom to make it easier for you to hold for that long. I have many altcoins sitting on my wallet for 5 years now, Most of them are dead but I still have valued coins such as DOGE. Honestly, I just discovered recently that my old wallets still have valuable coins that are waiting for me to sell, I just sold some of them and some of them will sit for more years now. I think major coins like BTC, ETH and others will have a hard time sitting on a wallet but I believe there are some rare people holding their assets for that long.
Maybe there is, as they can really afford to do it without bothering themselves to check it from time to time. People who usually check their portfolio every day are those people who set no time-frame of holding and they will sell their holding at any time if they saw some profit. But for myself, I can't guarantee that I could do that. Maybe 1 year of holding could be done but 5 years, I can't imagine myself waiting for that long.
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.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
If you want to actually hold coin for 5 years then Bitcoin and Ethereum are just your top picks, nothing else. The potentials are too high to miss and you wouldn't want to actually miss the profit and the benefit they offer when you hold it. Or if you still not satisfied with the result, then just simply hold gold because there is nothing wrong with that.
if you can do that then it is certain that when you bought bitcoin 5 years ago then you should now be able to become rich, investing in cryptocurrency if you apply it on an annual basis you can earn a lot of profit.
It is true that we need to hold the right one to profit. By the time I want to make it clear. NEM is a potential cryptocurrency, because no one might've experienced loss out of it. The profiting might be low. Unexpected things happen with the cryptocurrency which is the reason it is stated as high risk investment. As in the opening post investing on the top cryptocurrencies at the present and leaving for next five years will assure with profit unlike the bear and bull trend of the market.
Even now NEM isn't a bad choice, because it has reached its ath value close to $1. The present price is very low and can be considered for the purpose of investing.
Even now NEM isn't a bad choice, because it has reached its ath value close to $1. The present price is very low and can be considered for the purpose of investing.
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.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
Holding to have a huge profit in the future is depends on what kind of coins you are going to hold. If you are going to hold those shitcoins, you just hold and wait for your losses instead of profit. 5 years of holding is not a joke and if you invest a huge capital to hold, be sure that you put a deep research about the coins you hold for long term. Those coins with already a strong foundation in crypto market is the best choice for me.
I have many altcoins sitting on my wallet for 5 years now, Most of them are dead but I still have valued coins such as DOGE. Honestly, I just discovered recently that my old wallets still have valuable coins that are waiting for me to sell, I just sold some of them and some of them will sit for more years now. I think major coins like BTC, ETH and others will have a hard time sitting on a wallet but I believe there are some rare people holding their assets for that long.
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.
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everyone has a different view on this. some think that the longer the coin is stored, the more its value will increase. there are also those who prefer to just wait, it is better to take advantage of every moment of price movement to take advantage.~~~
saving a long time is not a guarantee that the price will go up, this depends on the potential of the coins you hold. we also have to be able to analyze the market, update news, and the latest info related to cryptocurrencies in order to get the right timing.
It depends on what you are holding and your patience to wait that long. We can't foretell what can happen next 5 years, some that are in the top marketcap can be replaced by any other coin or even new coins since people creating new projects and idea pops up everyday. There are a lot of coins that can be worthy holding long-term, some might become stale in price next 5 years or some would increase to hubdreds and even thousand folds. Just imagine the idea of those who has diamond hands who were able to keep their crypto for a long time and the profit they are enjoying now even in the bear market. It can be worth the risk and wait.
this is pure clear fact on determining your choice of investment. most projects has disappeared from the top 10. these are all long term project. Not only Nem was declared a long term project. 70% of all the coins in the top 100 CMC are latest investment of 2018 till date. As you invest your funds, make sure to stay updated on trends and market movement to avoid missing out.
And considering holding for 5 years, you will certainly be missing some opportunity. I'm not sure if there someone could do that, yeah, it is a sort of motivation but the question is if that really works and profiting coz I feel not. Maybe we could say "I hold until the next Bullrun will come" that will be more on reality. May it takes time, years to wait but at least we are sure that we never miss something and we can sell them when Bullrun comes.
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