Blitzboy
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June 10, 2017, 10:37:03 PM |
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One year or more. I belive that this time is enough for a person to earn a good amount of money. Otherwise, you the coin you are holding increase more than 10000% in less than 1 year, I blieve that it is a good time to sell it or it will be dumped and you can get nothing from the big pump
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Proximity Scan
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June 10, 2017, 10:43:44 PM |
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From my understanding, not depending on specific coin price:
Short term: From 1 week to 1 month Middle term: From 1 month to 6 months Long term: From 6 months to 5 years
Above 5 years, it is extremely long term.
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TheAwkwardBrit
Member
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Activity: 106
Merit: 10
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June 10, 2017, 10:51:35 PM |
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From my understanding, not depending on specific coin price:
Short term: From 1 week to 1 month Middle term: From 1 month to 6 months Long term: From 6 months to 5 years
Above 5 years, it is extremely long term.
This is pretty much spot on with my descriptions, except short term can sometimes even be less than an hour if I want to get in quickly and get back out again a few percent up!
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clickerz
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June 10, 2017, 10:57:12 PM |
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From my understanding, not depending on specific coin price:
Short term: From 1 week to 1 month Middle term: From 1 month to 6 months Long term: From 6 months to 5 years
Above 5 years, it is extremely long term.
This is pretty much spot on with my descriptions, except short term can sometimes even be less than an hour if I want to get in quickly and get back out again a few percent up! Sometimes I get out if I have 10% profit, or sold only 50% if I know it has still the potential for short trading. For long term I think ore than a year is enough, but sometimes I lost patience and sold it whenever ?I have a good profit.
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Open for Campaigns
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irwanjabryg
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June 11, 2017, 01:55:11 AM |
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Many strong people hold a coin for a long time. For me it is risky, for 5 months or 6 months it is very possible and reasonable like DGB and RDD. But if a year or 2 years I think it is very risky. Unless you are holding BTC instead of altcoin.
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bjjobg55206
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June 11, 2017, 06:41:02 AM |
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For some shit alts long term is a week. I had one coin go 16000% in less then 2 months. Depends on how shitty they are the shittier the alt, the shorter the "long" term hold.
yeah,we should choose a coin which had basic on technology,it will alive for a long time small project is easy dead
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Bowly88
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June 11, 2017, 06:49:06 AM |
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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?
As long as you take hold though there is a short volatlity or there is a short flactuations and you are still holding because you believe the coin you are holding have a potential to flacutuates more that should be considered as long term hold.
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jjacob
Legendary
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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June 11, 2017, 08:09:13 AM |
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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?
Nothing more than a year. I don't think you want to leave your stash idle for periods longer than that. I would be especially nervous about the current rally. You never know when the market will turn.
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shamzblueworld
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June 11, 2017, 09:53:06 AM |
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Depends on the coin and the person who is trading. If coin is established such as Etherium, long term could be two years or even more, and for smaller coins like DGB, the longer term could be from a week to a month or even longer if you believe you can get more profit.
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Lumada
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June 11, 2017, 10:21:34 AM |
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Depends on the coin and the person who is trading. If coin is established such as Etherium, long term could be two years or even more, and for smaller coins like DGB, the longer term could be from a week to a month or even longer if you believe you can get more profit.
Will based on how much tge amount your going to hold its better to put it on a trade then if you think its enough for you then hold it for a while and wait to its pump.
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magmar
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June 11, 2017, 10:33:27 AM |
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There is no basis in considering long term hold. However, in my own definition, long term hold should be months or even years since if it's weeks, I don't think it's long term since it's very short time period where in our goal for that time is just to trade with profit but not to invest.
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SnowRoll (OP)
Newbie
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Activity: 47
Merit: 0
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June 11, 2017, 10:42:46 AM |
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Thank you for your replies, your opinions help me get a better perspective on the market. Initially, when I entered the market, I was only interested in BTC, LTC and ETH, and my plan was to invest a (very) few $k and forget about it for 5 years, accepting whatever state they'll be in when I return to them.
However, with the recent turn of events in the market, I found myself invested double the initial plan (still just a few $k), in 20 different coins, reading non-stop, and just being involved hours daily.
I think, taking your opinions into account, a good strategy will be to dilute my holdings in the most profitable alt-coins (except ETH and LTC). Say, to sell an amount equalling to double or treble my investment on the coin, and leave the rest to freeroll for 6-12 months.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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June 11, 2017, 11:29:24 AM |
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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?
I think whatever under 2 years is not a HOLD. as I see you have bag holders, day traders and investors.. You probably know who first two are. Investors are the ones that invest in coin when is cheap, so accumulate in phase when something is planed. and sell soon after that gets implemented and pick up profits.
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DIYOR
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June 11, 2017, 11:53:53 AM |
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dude, buy some coins and forget about them for good couple of years, in meantime you can start to think about Porshe or Ferrari?))
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xuan87
Legendary
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Activity: 1666
Merit: 1001
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June 11, 2017, 12:27:12 PM |
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I wouldn't try to hold alt coin for too long, unless it has a solid background and got a lot of future project like ETH, other than that it is very dangerous to hold alt coin for 5 or 10 years, alt coin is not suitable for long term, you can go bankrupt if try to hold alt coin for long term The longest time to hold alt coin is 1 year, it is better to hold it around 3 to 6 months
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Zadicar
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DGbet.fun - Crypto Sportsbook
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June 11, 2017, 12:46:05 PM |
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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?
For XMR, then long term hold would be 3-5 years because this is one of the coins that being mentioned does have potential and remember it is commonly being used on darkweb/deepweb just like bitcoin.Possibilities on rising up its price on future would really be there.For other altcoins i can say that 1 year would be the max on holding them.Ive seen already some coins which do pump after a year.
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gedor
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June 11, 2017, 01:09:29 PM |
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Short term : 1 year Mid term : 2 year Long term : 4 year
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K210
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June 11, 2017, 03:15:25 PM |
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Short term : 1 year Long term: 5 year Super long term: 10 years
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xhienigat
Sr. Member
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Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
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June 11, 2017, 05:18:43 PM |
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Everyone is entitled to their own opinion on how long their long-term HODL is. It depends on how you interpret the long part when trading, because there are some who see a week or a month as long already. But for others like myself, long-term would take around 6 months or more but wouldn't reach up to 6 years though except for bitcoin which I can say I could HODL until like 10 years or more.
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LodisMcguire
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June 11, 2017, 06:19:09 PM |
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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
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