If you wanna keep coins for 5 years, its mean long investment, you should choose big coins such as BTC, ETH (both is a must) and any big coin like BNB by binance or TRX by Tron network i suggest.
Why TRX ? Tron have survived since he was born until now, at top 10 almost 4 years, and nowadays, many NFT have bridge on Tron network, also have speed of transaction with small fee, so for next 5 years, TRX will be good, maybe the next BNB is Tron, IMHO
Topic: Holding 5 years a just a imagination - page 6. (Read 3454 times)
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?
If you just see market cap and number on coinmarketcap for investment then you are looking wrong things. You should check the team, holders, future plans, and also the community. Because these are fundamentals things for a good project. I suggest you invest in Bitcoin OR Ethereum if you want to hold your investment for 5 years.
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?
better to trade or invest in the not too long term. it's a little better to minimize risk.
A friend of mine has a good mentality. After buying the tokens, he didn't look at the market often. He told me that after buying it, he would treat it as if there were no tokens. This mentality is worth learning.
However, five years is too long. If you want to hold for a long time, you must first understand the future of currency. If you are confident in this coin, please stick to it. After all, five years is not too short. It is safest to choose mainstream currencies. If you find a good time, you can try to stick to it.
The mentality to not look at the market too often is not wrong but he needs to update himself at least weekly when it comes to the tokens he has chosen, we need to remember that those coins can change really quickly and it is not rare that they go through events that force them to reissue their tokens in a new blockchain, and if you do not do it before a period of time then you lose your tokens forever, this happens very frequently and I see many people complaining about losing their investment this way.However, five years is too long. If you want to hold for a long time, you must first understand the future of currency. If you are confident in this coin, please stick to it. After all, five years is not too short. It is safest to choose mainstream currencies. If you find a good time, you can try to stick to it.
Yep, if we bought new tokens, we need to keep informed with its development. Otherwise we might lost our tokens once there is swap or anything else and we are late to notice it. The best choice for long term investment will be bitcoin or ethereum since those two coins are the major one therefore the big news must be spread massively if there is one. So we wont miss it.
A friend of mine has a good mentality. After buying the tokens, he didn't look at the market often. He told me that after buying it, he would treat it as if there were no tokens. This mentality is worth learning.
However, five years is too long. If you want to hold for a long time, you must first understand the future of currency. If you are confident in this coin, please stick to it. After all, five years is not too short. It is safest to choose mainstream currencies. If you find a good time, you can try to stick to it.
The mentality to not look at the market too often is not wrong but he needs to update himself at least weekly when it comes to the tokens he has chosen, we need to remember that those coins can change really quickly and it is not rare that they go through events that force them to reissue their tokens in a new blockchain, and if you do not do it before a period of time then you lose your tokens forever, this happens very frequently and I see many people complaining about losing their investment this way. However, five years is too long. If you want to hold for a long time, you must first understand the future of currency. If you are confident in this coin, please stick to it. After all, five years is not too short. It is safest to choose mainstream currencies. If you find a good time, you can try to stick to it.
In my opinion, the greatest investing pattern is to think like an investor with long-term accuracy. It is up to us to choose the Coin/token. I've only used it for 5 months with BNB, but it's proved to be effective. For the current circumstances, as you stated, we must pay attention to a variety of factors since, as you mentioned above regarding the NEM currency, anything may change at any time.
I recommend you to invest in bitcoin, eth, and bnb. These three coins are the best coins and I believe the price will continue to rise because they have good fundamentals. even if the market crashes, both eth, bitcoin, and bnb prices are just corrections. I don't like other coins, maybe the price goes up faster but the fundamentals are less, so if we invest long term the price will go down.
those coins were good for long term purpose, and if we see price history every 4 years bitcoin ethereum and binance show solid growth . and for bitcoin it could rise more than 2x after halving, ethereum and binance will follow and move parallelly with bitcoin. for long term purpose better pick projects that have strong fundamental and they build utility and ecosystem.
I think holding 5 years is not an imagination. You just need to look after market sometimes to understand what going on and if your coin is not dying. It's not apply for bitcoin at this point i think tho.
I recommend you to invest in bitcoin, eth, and bnb. These three coins are the best coins and I believe the price will continue to rise because they have good fundamentals. even if the market crashes, both eth, bitcoin, and bnb prices are just corrections. I don't like other coins, maybe the price goes up faster but the fundamentals are less, so if we invest long term the price will go down.
Yeah, before you buy a coin make sure that you have researched it and make sure that it is good for a long term investment, buying without researching is such a dumb thing to do, dont put your money at risk without even researching because you will lose it right away, hodl for a long term in good crypto coins with the use case.
everyone must research before buying crypto assets, especially for long-term investments. Of course, without taking a bigger risk, we must choose top market assets. because of the period of 5 years, we will not know how the market conditions for that long time.only projects with good planning and market power we can be sure will last that long. BTC, BNB, and ETH I think will be good choices for the long term.
It's between your trust and how you really understand the project and what are the usages that offers to adds up to the success of this industry.
Placing your money where your knowledge really good at, that will lead you to pick the right project to invest and hold for tha long term -target.
I am one of those believers that holding will surely take you to reaping what you sow, if done right of course. Holding and practicing holding on with one’s patience is a challenging task in the course of waiting within five years. But the most crucial point of holding, is the decision to be made on what coin will be held. Holding will only be just fruitful if the right coin was researched on and picked in the first place.
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 is always a good idea and if you become patient for long term you will get a good return for sure .I think it will always good to invest on top 54 coin as you mentioned it could easily give you a good return for sure .I think you have made few losses on NEM but you will not have any losses if you invest on Eth ,ADA ,Ltc .Try to choose the best coin always it is easy way to earn . 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?
Yeah, before you buy a coin make sure that you have researched it and make sure that it is good for a long term investment, buying without researching is such a dumb thing to do, dont put your money at risk without even researching because you will lose it right away, hodl for a long term in good crypto coins with the use case.
everyone must research before buying crypto assets, especially for long-term investments. Of course, without taking a bigger risk, we must choose top market assets. because of the period of 5 years, we will not know how the market conditions for that long time.only projects with good planning and market power we can be sure will last that long. BTC, BNB, and ETH I think will be good choices for the long term.
this depends on which coin or altcoin we will choose to invest. maybe certain unpopular altcoins will pump in that time, but those new altcoins can also crumble to ashes. but for me long term, I prefer long term safe altcoins like eth and bnb. choosing a new altcoin for the long term I think is like gambling, if we research it wrong
well, in this case, NEM is also a good coin, it's just not the right coin. if you plan to hold on for a long time, choose a coin with a pretty promising prospect for the future, for example like BNB, or ethereum.both coins are top coins and the future is indeed promising as you said,
other than that to hold it for a long time choosing coins like Bitcoin, Ethereum and BNB is very appropriate
Well, I think keeping the coins for 5 years is kind of a signature to the loss. Except BTC, all other cryptocurrencies need to be updating and adapting people so that the prices up front justify something. For example, 5 years from now the BTC is the only certainty I have at the moment that it will be firm and strong. I can't explain it, but there is something related to BTC that few people know about that allows it to be the 1st in cryptocurrencie with few objective things. There are certainly faster, scalable, anonymous and even safer coins than BTC, however it hasn't threatened its 1st place yet. In resume, holding anything other than BTC for 5 years is totally risky.
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 think it happened when BSC began to rise in the market in my own opinion. Aside from that there are also a lot of new altcoins arise
here in crypto space in which is obviously better than the old coins where before it was listed as top and now its no longer at top just like
what you had stated in the above(NEM). So holding coins for 5 years its too long I think 2 to 3 years is enough for holding in the long term.
If you hold top and good coins which has solid foundation like-DOT, LINK, BNB, ADA, SOL, MATIC will be gainer in the long run. I am also holding few top coins for considering long term investment. I believe top coins have future but we have to avoid holding shitcoins because it has no future. I have lost huge capital in shitcoins when i entered into crypto as a new but i am now investing only top and solid projects although solid projects give less profits than shitcoins in shot term.
Only some investors can hold the coin for many years, but when the results they get can be satisfactory then it is a very good principle because it has a high level of patience in investing, but storing potential coins for a long time I think it does not hurt because if there is an increase in the price then the profit earned is very large.
I think everyone can do it no matter big or small investor and long term is the best investment and the result will not disappoint especially choose bitcoin and choose some of the top and oldest altcoins which are definitely profitable in the long run.if you think long term is too long preferably use two methods i mean you can pick some potentially profitable altcoins around a few months or a year and still do a good analysis, and you can also choose bitcoin or any altcoin you think give good yields or good returns in the long run and don't put your eggs in one basket and do those two methods, like me.
For a moment, let's ignore the case with the smaller coins and concentrate on the established coins. For these coins - BTC, ETH, BNB, ADA, LTC, BCH, XRP.etc, the current prices are higher than what we had at any point before 2021 (2020 and earlier). I first got my BTC on January 2017, and it has been almost 5 years now. The current prices represent a 40x increase from my purchasing price. If I had invested in any of the alts (ETH or ADA), then the returns would have been even higher (215x for Ethereum).
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