Holding 5 years a just a imagination - page 17.

coin-investor

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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.

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?

That should not be the case, it's ok to HODL but you must know when to let it go because with the way the market moves, you can always buy it back for every dip, the worst thing that can happen to the coins you're holding is to make ten times profit and you missed the chance to sell it, there is a limit on HODLING a coin and it doesn't have to take years, you have to take action and you need insight on every coin you are hodling.

ahsanif

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Quote from: isaac_clarke22 on May 22, 2021, 08:00:17 AM

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

~

My perspective? Just take a daily look in top 10 CMC. What stays in there and what's not.
I can tell you that the coins that stood there are for sure the one for the hodling with the exception of stablecoins of course because their price are stabilized obviously.
4-5 years of hodling is really a long time for a long-term hodling actually.

besides the top ten we can also make news and analysis as a reference in the future. some people cannot afford to hold long time, whether they are tempted by the benefits or there's often an urgent need

isaac_clarke22

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

~

My perspective? Just take a daily look in top 10 CMC. What stays in there and what's not.
I can tell you that the coins that stood there are for sure the one for the hodling with the exception of stablecoins of course because their price are stabilized obviously.
4-5 years of hodling is really a long time for a long-term hodling actually.

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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.

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?

maybe it was not long enough for you. maybe you are still not waiting for the next 5 years. if you are more patient you may get better but I do not recommend it. There are only a few suggestions that might make you calm because many people who have experienced things like that without getting the desired income.

Kez1817

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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.

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?

It's really difficult to hold coins for at least 5 years for those impatient and without enough funds or capital. But is it possible for those with a lot of capital because they don't need to rush their money back to their pocket. They are capable to hold it patiently and just forget their funds until 5 years. But holding for 5 years is depends on the type of coins that you are going to hold. Bitcoin and Ethereum is the best option.

enawati

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If I want to decide to hold in 5 years, I will choice BTC because that look more safe than altcoin. Crypto market keep growing with different trend coming, when bull market on 2017 mostly the trend for privacy coin and smart contract platform but for bull market now, the trend of market for DEFI and memecoin. And if there are other next bull market in a few years could be the trend is different product. Too many competitor of each altcoin so that will be risky to hold it for long run like 5 years.

Expecto

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You can be really right about this but I don't think the thing you said is true for every altcoin. There are really promising projects in the market. I'm not sure about holding for 5 years but these kind of projects can make people a lot of money in the long run.

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Well, you imagined that in the token that went down. Just imagine when you held bitcoin or ethereum for the last 5 years, didn't you have the advantage?
however, it depends what coins you hold. to be honest I have also held coins for years, and some of them are quite valuable for now. however, it all depends on which potential coin you choose. NEM may be a good coin, but I think ethereum's potential is much better than NEM.

trauchot

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If you will hold for 5 years the most top cryptocurrencies such as Bitcoin, Ethereum, BNB, Chainlink and Polkadot, you can get a huge profit, but you need to find a better time to invest in these cryptocurrencies in order to eventually get the maximum profit from your investments, but of course it is not necessary to hold your cryptocurrencies 5 years too, because perhaps in 1 or 2 years these cryptocurrencies will begin to grow to incredible heights and it will already be possible to start fixing profit, so everyone decides by himself when to sell his cryptocurrencies.

DatKing

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Quote from: DeathAngel on May 22, 2021, 06:13:12 AM

We’re still in a bull market, this is just a correction although admittedly, a significant one. The bull market still has a long time to run. If you haven’t got the balls to hold for years then don’t but have fun staying poor.

I hope that we are still in the bull market. Because it doesn't seem so. It seems like we are in a bear market right now. Bitcoin is suffering a big hardship while trying to climb up to the level above $40k.

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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.
/cut/

I don't understand your argument. Even for NEM, if you held the coins for five years, your ROI would be attractive.

DeathAngel

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We’re still in a bull market, this is just a correction although admittedly, a significant one. The bull market still has a long time to run. If you haven’t got the balls to hold for years then don’t but have fun staying poor.

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Everything can happen as for altcoins. Like you said, we saw many altcoins which were destroyed after some time. And we will continue to see this as most of the altcoins in the market are no more than just a shitcoin. I see really a few altcoins to think of HODLing.

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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.

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?

Don't look at the coin position on marketcap ranking because there's always a new coin that will appear and beat them even though there price is still the same. AFAIK, Nem already reach again there USD ATH last 2017. Holding a coin for 5 years depends on the coin itself you will hold. Most of the project has road map so you can use that for consideration when holding long term of a coin.

cryptoaddictchie

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Of course we don't know which coin or token could triumph on the following years. Especially there are lots of improvement on different innovation being introduced. Tech being upgraded and some adoption are being seen. It's just that some are aggressively moving fast like polkadot, sushiswap, binance, avalanche and some of those new projects. It's normal actually, some being overtaken is just means of upgrade and degrade.

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Quote from: Shikha99 on May 22, 2021, 04:44:04 AM

We all know that if you want to hold the coin you must have a good knowledge of his coin. So first gain knowledge about the coin then hold and if you hold without gaining knowledge you will eat a lot of big losses.

That is clear, but what is being held must be really clear in terms of the community, volume, and market power through the large number of requests, because without it all, whatever the coin will also be bad, because the day the cryptocurrency competition will be more and more.

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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.

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?

You're not to be doing that unless if you are sure that project will shoot like a moon. Because as we are in a volatile market, everything seems to be unpredictable and you can't also tell that in the next 4-5 years holding you will be in profit.
Either you believe me or not, that is actually the whole picture of this crypto market. Maybe you will just set it until the market turns to bullish again and take such an opportunity rather than to think about more.

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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.

That's basically possible cause you're making reference to NEM coin which is an altcoin, tbh, not many people consider altcoins to be sustainable in the long term, and that's cause quite a lot of them are more or less pump and dump coins, thus if it's such coins you're talking about, then hodling onto them for too long could be counterproductive.

Having said that, if you want to be a long term holder, coins like NEM coin should not make up your portfolio, but Bitcoin and prolly ethereum if you want the inclusion of alts.

Bilgent

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We can hold Bitcoin for such time period. But when it comes to the altcoins in the market, there are not many altcoins which assure people about it. Maybe altcoins like ETH and BNB can be tried for a long-term investment.

wajik-tempe

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Even if we want to hold a coin for a long time we have to keep updated with the news of the coin that we hold, we cannot just leave it away without seeing any updates about the news, projects or any information about the coin. We have to choose a strong fundamental coin if we planned to hold a coin for a long time.

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