How long is a long-term hodl?

[Scuds31091]

Well for me long-term for altcoin is 6 month
but i'm playing short time in the altcoin,it's about 2 weeks,because altcoin can be change anytime
like BitShares now,its up 1000% and i missed the train

You missed the train because you were only holding coins for 2 weeks. It's unlikely to catch a large jump like that without holding longer. There's going to be ups and downs, you just need patience. As long as the coin has potential, then you'll catch that pump.

ACOIN is my big long term move right now. It has been a solid investment for over 6 months now and I'm still holding. I don't expect it to slow down any time soon.



https://yobit.net/en/trade/ACOIN/BTC

[IamAltcoinfan]

Assuming that, nowadays, BTC's hodl could be as long as 5 or even 10 years from now.
How long is a long time hodl in alt-coins?
For example, if I'm looking to hodl ARK/STRAT/XMR, what is the right time-frame? is it just for a few months to a 1 year, or can I leave them for 5 years with the hope of weathering the storms and coming out strong?
And besides, do these kind of coins have a 5-10 year lifespan?

In alt coin you have to set your profit margin once you reached sell and invest in other just have a patience till the coin is pumped

[izanagi narukami]

Cryptocurrency is risky investation like no others that ever exist so the result is unpredictable !
IMO, altcoin far more riskier than bitcoin as there are many new coin occur and scam at the end. Some of them can't exist as long as bitcoin's life span
So, if you have enough fund and guts to invest on altcoin, just make sure that you're ready to loss all of them !

[Soranith]

Everyone has their own opinion about how long they hold the coin. You just take the conclusions from each of their answers. I myself have never held a coin for a long time or until a matter of years, maybe a few months for me is enough, and if it feels like a little profit I will sell altcoin.

I agree! Everyone's opinion is actually good but it really depends on someone if how long is the "long-term hodl" for him/her. As for me I will hold a coin with a great team and promising project for 1-2 years and If i have a little doubt with a certain coin then may I will hold it for a couple of weeks or months as soon as I will meet my target profit then I will sell it or sometimes I will only take my capital and little amount of profit then leave the remaining to the coin. What ever happens to that coin that's already profit so I don't need to worry that much.

[riskthebiscuit]

I think this is a very subjective question because as you seen the range goes from literally hours-years. Personally, I would say that a long term hold is 3 months+ and I would imagine touching it unless it went crazy through the roof, or for some reason was gonna go *POOF* and be gone soon. Truly does depend on you, and the coin you are investing in imo. Some you will want to hold longer than others, some you wont want to hold longer than a weekend.

[SimmonenY]

For altcoins it is few months, a year max. Anything more that that and you might loose it.

[nasipadang]

Altcoin is more fluctuate and there is no guarantee that altcoin values will go up unless there is a new investor, not recommend hold altcoins too long because they might go up and down within a few hours, for the length of time everyone has his own opinion, i think for 2-5 weeks is too long

[jackychanxxx]

My personal definition for a long-term hodl is 3 months. FYI