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Topic: Holding 5 years a just a imagination - page 3. (Read 3454 times)

full member
Activity: 1120
Merit: 101
September 17, 2021, 01:53:57 AM
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for this year indeed most of the altcoins showed very good performance in the market. including the assets you mentioned.
choosing them will not go wrong, because the project is already underway and the market is already strong.
but in long-term planning, we will not know the state of the asset in the market. because market trends move dynamically and constantly change. We can't think 5 years in the future, we will be in the same trend as this year which is full of pump rallies.
member
Activity: 308
Merit: 10
September 17, 2021, 01:45:01 AM
As far as I know the NEM coin is in level 4, which is a good investment level for the coming year, and here's a list of Cryptocurrencies Eligible for Investment in 2021
2.1 #1 Bitcoin (BTC)
2.2 #2 Ethereum (ETH)
2.3 #3 Litecoins (LTC)
2.4 #4 NEM
2.5 #5 Basic Attention Token (BAT)
2.6 #6 Binance Coin (BNB)
2.7 #7 VidyCoin
2.8 #8 NEO
2.9 #9 EOS
2.10 #10 Tron (TRX)
2.11 #11 Cardano
2.12 #12 Dogecoin
2.13 #13 Ripple
2.14 #14 Uniswap
2.15 #15 Bitcoin Cash
  and the kion coins above have been included in the best analysis by Cryptocurrency experts that have existed in recent years and even some of the coins above have been proven to reach investment targets that are proven to be good
legendary
Activity: 2212
Merit: 1008
September 17, 2021, 01:27:27 AM
You are right that the top of currencies is updated all the time: some years ago I saw that Ripple, Ethereum classic, Litecoin and maybe Bitcoin Gold were in top, but now they are replaced by BNB and Solana, so we can’t rely even on those coin that are popular at this moment.

What I can say for sure is that Bitcoin and Ethereum are always number one and two respectively, so we can invest in them for the long-term as well.
newbie
Activity: 72
Merit: 0
September 16, 2021, 12:21:26 AM
What is the significance of NEM? Keep BTC or ETH to watch the results in the next 5 to 10 years; usually rarely fail. The royal couple of crypto are the greatest assets to keep for many generations to follow; almost every coin may probably lose its place.
full member
Activity: 1708
Merit: 126
September 16, 2021, 12:07:59 AM
It all depends on the capability and potential of the coin but as for me, 5 years is beyond the average time of waiting. If you're holding a good coin then I must say that 5 years wouldn't be a waste. You only have to keep a positive mindset and patience upon waiting.
legendary
Activity: 1932
Merit: 1273
September 15, 2021, 11:01:07 PM
~snip~
I think experience is the main thing here and history will continue to repeat itself with a note that every project that survives will definitely follow developments at that time and not focus on the same thing. that's why some of the projects that were above were replaced with new projects because they didn't see developments or trends at that time.
My point is to only choose cryptocurrencies that offer unique technologies or have a strong fundamental, not just some copy-pasta altcoins. If we do acknowledge such things it is surely that cryptocurrency has the potency in the long term. Offering technologies based on the demand of the market is surely what sounds comprehensible, but that should be based on the fundamentals, I mean like the technologies itself must maintain and preserve the decentralization.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
September 15, 2021, 10:31:02 PM
if it is for the very long term why don't you just hold the core btc and eth coins instead. I think it's the safest choice for the long term right now, eth is called the originator of smart contracts, and btc is the parent of all cryptos.
sr. member
Activity: 1526
Merit: 251
September 15, 2021, 09:59:22 PM
Separating the wheat from the chaff is extremely hard in these altcoin spaces. It might be beneficial for you if you have a basic programming/technologies and cryptography knowledge in general. It will give you an advantage to know which project that lies their foundation to strive for the future instead of copy-pasting what been already made.

I think experience is the main thing here and history will continue to repeat itself with a note that every project that survives will definitely follow developments at that time and not focus on the same thing. that's why some of the projects that were above were replaced with new projects because they didn't see developments or trends at that time.
jr. member
Activity: 50
Merit: 2
September 15, 2021, 09:31:32 PM
Choosing to hold for 5 years is a very long time. For long-term investment, you must first study the market before investing and choose cryptocurrencies with a long development time and strong technical support, such as Bitcoin and Ethereum. Altcoins are more risky and have imperfect technology. Don't choose altcoins for long-term investment. Research and choose the currency to invest in and invest at the right time. Long-term holding will make high profits when the price rises.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 15, 2021, 06:54:54 PM
It is much better if you look at a different angle whenever you checkout a cryptocurrency and see how viable it is to be stored for a long time. If you just rely on the market cap and the rank number on some popular ranking site then you are not researching it the right way. You have to check the holders, the community, the team of developers, and also different aspects of the project. But also you might want to consider investing in the gold and silver of crypto - Bitcoin and Ethereum.
legendary
Activity: 3094
Merit: 1127
September 15, 2021, 06:27:21 PM
I think it's too risky to hold on for 4-5 years. but I think it can be done as long as the person is patient. because what is needed now is patience in holding long-term and ready to take any risks.
Depends on the coins you've been holding but it cant really be resisted that there are times which we do really like to sell off our holdings specially if we do see the price had really reach out all time highs.
Try to compared off those people who had been holding bitcoin and on the time that it did break that 20k previous ATH then for sure lots of people had sell off their holdings but what matters here is that
you do able to accumulate while its still cheap and able to sell out if it do ever reach another all time high.Its not already talking about holding but rather actively trading.
5 years is indeed long but there are people who had reached out this duration.
full member
Activity: 827
Merit: 100
September 15, 2021, 06:11:08 PM
I think it's too risky to hold on for 4-5 years. but I think it can be done as long as the person is patient. because what is needed now is patience in holding long-term and ready to take any risks.
sr. member
Activity: 588
Merit: 251
HELENA
September 15, 2021, 06:04:54 PM


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?

 

I believe in long term investment but in a very popular coin like bitcoin and etherium. When i invested more way back few years ago, i believe that i am totally rich right now but the sad thing is, i did not believe in long term investment few years ago... that is why, i am not rich until now and just the same few years ago. Maybe, my status already change if i did an ivestment right.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
September 15, 2021, 02:08:51 PM
Long term investment is always beneficiary. It might be in a bank or in crypto currency. But yes seeing Bitcoin's growth, with more confidence, we can invest in it and hold it for minimum 3 years or 5 years. It might be on any best coin. Banks do give around 6 to 7% interest for saving money for 3 years. Whereas, when the same amount is invested in crypto, double the profit is going to happen. 
sr. member
Activity: 1190
Merit: 253
September 15, 2021, 12:59:55 PM


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?

 

Well, that's the cycle of cryptocurrency here in this industry. Besides, in my own opinion 5 years its too long for me to be honest only.
1 or 2 years for me is very long term to hold. But of course, it is still in our hand if were gonna earn a lot in the future depending in the coins that we are going hold. Even the coins is not in the list of top 5 I think there are other coins remain good to hold in the long term.
legendary
Activity: 2772
Merit: 1557
September 15, 2021, 12:37:40 PM
The example you gave to prove your point is not right. It's not like with every potential coin but it's hard to predict the coin we hold will have good value after 5 years or will lose its value. Not only top 5 coins are good but there are many other good coins that are booming in the current market. I think hardly 1% of investors hold to the same coin for 5 years but it is possible with Btc holding as BTC is the most trusted in the crypto market.

Traders do not hold the same coin for a long time anyway. 5 years is not a very long time, but a lot can change in 5 years. A coin that is one of the top 3 coins can be completely trash, or a coin with no expectations can go very high, no one knows. This is one of the reasons why cryptocurrencies are so exciting Smiley
Bitcoin and Ethereum are coins that should be in everyone's portfolio. All of the people who invested 5 years ago preferred these coins anyway Cheesy
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
September 15, 2021, 12:17:16 PM
The example you gave to prove your point is not right. It's not like with every potential coin but it's hard to predict the coin we hold will have good value after 5 years or will lose its value. Not only top 5 coins are good but there are many other good coins that are booming in the current market. I think hardly 1% of investors hold to the same coin for 5 years but it is possible with Btc holding as BTC is the most trusted in the crypto market.
full member
Activity: 1106
Merit: 101
September 15, 2021, 11:32:40 AM
Among eth and bnb I am focused on few coins which have real product. They are Axis, Wpp , Foobee, Socialnft and one more I am checking details. best way is dyor before long term investment.
sr. member
Activity: 896
Merit: 250
September 15, 2021, 11:24:42 AM
For me, the TOP 5 coins that I need to keep for the next 5 years are;
number 1; Crypto digital asset Telcoin (TEL) registers a 239% price increase
2nd; this week's top gainers, Bitcoin Diamond (BCD) recorded a price increase of up to 221% with a market cap of almost US$ 1.5 billion
the 3rd; Ethereum Classic (ETC) which is also up more than 200%. The difference with the two previous tokens is that the market capitalization value of ETC has reached almost US$ 14 billion
to 4; there Dogecoin has soared almost 100% in the last seven days ahead of Tesla boss Elon Musk's appearance on Saturday Night Live (SNL)
to 5; there is a QTUM coin that shot up 69%. When compared to TEL and BCD, QTUM's market capitalization value is still larger because it almost reaches US$ 2.5 billion
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
September 15, 2021, 09:52:19 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?

I agree with you 100%, for holding for such a long period, you can only advise to enter bitcoin or fairium, these two resistant coins have already proven to everyone that they can show growth every new year, all other coins should not be invested for such a long time term. Some projects will be scammed even after a year of successful work, although the idea and goals were completely different in them.
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