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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4474 times)
Kevlar
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May 02, 2018, 06:18:18 PM
 #241

Of course, nothing will happen to your tokens. Of course, they can fall in price and will cost several times less. But the reverse situation is also possible, that tokens significantly increase in price. In any case, when you withdraw them, you have to send a little ETH to the wallet to pay for the gas for withdrawal.


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May 02, 2018, 06:20:46 PM
 #242

I depends on the particular altcoins because there are many of those...altcoins like ethereum and litecoin can be held for a long period of time in wallets and they will give good return but you can not do this with every altcoins in the market
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May 02, 2018, 06:22:07 PM
 #243

I think this is not safe. you should put all your coins in offline wallet. Hackers are more dangerous now. And they have many ways to get your coins in online wallets
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May 03, 2018, 07:15:29 AM
 #244

you can hold your altcoin for years in your wallet like what I did in the last two years ago but one thing that you should know is when the price of your altcoin is increased, you cannot directly selling you coins unless in that wallet has the exchange feature. I miss some of my coins to sell because, in the market, I see the price is getting higher but I am not watching my coins in my wallet so I cannot sell it. but I think I can wait for another month to see the price is back to increase.
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May 03, 2018, 08:31:57 AM
 #245

I think this is not safe. you should put all your coins in offline wallet. Hackers are more dangerous now. And they have many ways to get your coins in online wallets

Do you know actually there is no "offline wallet"? You just store the private key in the device called offline wallet. Your coins are always online in the blockchain and if somebody knows your private key, he can steal your coins. There is no offline option at all.
You can just hide your private key in an offline place.

There are many people that think that their coins are stored in an offline wallet really... Pathetic

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May 03, 2018, 08:34:31 AM
 #246

You can keep them on physical wallet for years I think, but a lot of altcoin can be waste because they can be unsuccessful, they can be delist from exchanges or something like that so you must keep track them.
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May 03, 2018, 08:36:32 AM
 #247

Yes, you can, but before you do so make sure you have done enough research on the coin. Altcoins like NEO, ONT, ETH are worth holding for years. So know the team behind that coin, their goals, how active is their social media accounts etc. It's your money so do all you can to safegaurd it.
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May 03, 2018, 08:51:21 AM
 #248

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?


surely you should investigate and always look for new information about altcoin that you have. in the crypto business, all prices are very fluctuating alias unstable. the only way you should buy ethereum gas so you can speculate at any time if different needs or situations.

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May 03, 2018, 08:53:54 AM
 #249

Yes, if you like, then you can keep your money in your wallet all the time, but I think selling at the height of the currency is the best option because you don't know what it will be like in the future. .
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May 03, 2018, 09:41:49 AM
 #250

yes you can i believe these is a very good strategy especially for high potential coins, this will be a good timing i guess but i believe if you wanna do this you must use a safe method to make sure your holding will be there all throughout. I suggest you secure it VIA nano ledger in order for it to not be hi-jacked since many hackers and spywares are all over the world because they realize the profit generated by cryptocurrency. So by the time your holding pumps it will not be wasted and you'll be enjoying it.


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May 03, 2018, 11:55:44 AM
 #251

Yes, if you like, then you can keep your money in your wallet all the time, but I think selling at the height of the currency is the best option because you don't know what it will be like in the future. .

Asong as you have a secure wallet then there's no problem. If you can have a hard wallet for your long term hold then that's much better. And i don:t think there's any way to know if a coin is already at it's height. If you're a hodler, there will be pumps and dumps within the time you're hodling. Best to stick to your original plan

 
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May 03, 2018, 12:20:51 PM
 #252

I don't see any problem, you can hold you altcoins in your wallet for years. It would be safe, if you hold more established altcoins, as there are many shitcoins, if hold them then they may fail in future. But the better strategy is to sell your coins when they are pumping hard and buy again when they crash.
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May 03, 2018, 12:31:38 PM
 #253

Of course, you can hold your coin as long as you want but make it sure that your wallet is secured. Many individuals are making moves like what others did they hold their coin and wait for the time that the value is high. In some cases, you can choose whether you hold for years or not.
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May 03, 2018, 12:33:14 PM
 #254

yes you can if you wanted that. forgetting your GOOD altcoins in your wallet and get be back after a while. you will definitely get what you deserved. they are like buried treasure, waiting to be found. i'm doing it now.

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May 03, 2018, 12:45:42 PM
 #255

you should see the prospect of the coin first, whether it will go up if it is held in the long run.
and should look at the composition of his team, whether to later develop the coins for the better or not.
if only hold it without looking at the background, it will be zonk

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May 05, 2018, 07:04:44 AM
 #256

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

Of course, as you wish!
everyone could hold coins and tokens as long as they desire as some of the crypto investors are investing cryptocurrencies and choose to hold them as long-term investments and some crypto investors are investing long time ago like 3 years ago around 2014-2015 that until today they still didn't open their wallets even though they're even earning higher rewards and earnings.
I am holding my altcoins for almost a year but this month I choose to sell some of my coins to cover some of my expenses.

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May 05, 2018, 07:07:24 AM
 #257

I don't see any problem, you can hold you altcoins in your wallet for years. It would be safe, if you hold more established altcoins, as there are many shitcoins, if hold them then they may fail in future. But the better strategy is to sell your coins when they are pumping hard and buy again when they crash.

sometimes it depends on a situation.
some people had lost their private keys or crypto wallet accounts so those coins will be gone forever until they could retrieve their accounts.
but most of the crypto enthusiasts, they prefer selling especially bounty hunters because most of the bounty hunters like me have no professional job career.

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May 05, 2018, 07:07:37 AM
 #258

Some altcoins grow up even when we have no hope. So if you do not need it at all, you may wait as much as you can. Maybe one day the will really be expensive

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May 05, 2018, 07:10:41 AM
 #259

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?

Of course, as you wish!
everyone could hold coins and tokens as long as they desire as some of the crypto investors are investing cryptocurrencies and choose to hold them as long-term investments and some crypto investors are investing long time ago like 3 years ago around 2014-2015 that until today they still didn't open their wallets even though they're even earning higher rewards and earnings.
I am holding my altcoins for almost a year but this month I choose to sell some of my coins to cover some of my expenses.
Of course! Yes you can! You can hold your beloved alternative coins for years in your wallet. As long there's no anyone who new what your wallet is, it is okay. Actually it is a good idea, you can hold an alternative coins in the long term, and just wait for the right time to make the price rising .just believe in your alternative coins.
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May 05, 2018, 07:16:17 AM
 #260

I'd hold them at least untill autumn. Just relax, forget about them and wait) It's not easy to be patient when everything is falling down. Maybe if you're nervous or have money issues, make a review of your coins and sell the most useless ones. I believe that it's only the beginning and all your coins wil rise. I invest in altcoins because it's the way to invest into our future.
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