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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4474 times)
cryptocity90
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August 05, 2018, 07:13:49 AM
 #801

•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?

it all depends on it, some token will depreciate value will some will add e.g like bitcoin you can leave you bitcoin for some years and it will add even ethereum value they will all add or decreases.
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cbIpok
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August 05, 2018, 07:14:31 AM
 #802

Yes, you can hold your altcoins in your wallet for years, nothing will happen to them. But you sould look at your wallet sometimes because the price of your altcoins may be trash.
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August 05, 2018, 07:18:11 AM
 #803

•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?

Depending on what type of altcoin you hold, because there is an altcoin which if we hold it for too long, then altcoin has no price and vice versa.
So, it depends on the quality and durability of the coins you have on the market situation.
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August 05, 2018, 07:20:02 AM
 #804

I am holding all my token on my wallets and i will continue to holding. Because i believe that next year will happened again green market.

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August 05, 2018, 07:22:56 AM
 #805

Yes, you can hold your altcoins in your wallet for years, nothing will happen to them. But you sould look at your wallet sometimes because the price of your altcoins may be trash.
Ye, it's good. It nothing happens definitely. Maybe it will become zero but nothing more.  Grin Or team can make fork or smart contract change and your alts can become zero also. But nothing more.
I advise making a smart choice. If you want to hold years it needs to choose solid alts without high risk. Such only
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August 05, 2018, 07:23:15 AM
 #806

•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?
There is no chances that it will change through the time in smaller or bigger value IF don't talk around projects that pays dividends for their token holders, it's the only way in my opinion
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August 05, 2018, 07:24:00 AM
 #807

Holding your altcoins in your wallet has no direct effect on the value of the coins. Whether you hold for long or short the value will always be the same as the market price. But it is a good idea to hold for long since that will help you make a lot of profit if the market price increases.

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August 05, 2018, 03:03:37 PM
 #808

If you are going to store coins for several years, then buy altcoins with passive income. For example Nem or Pundi x.

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August 05, 2018, 03:15:08 PM
 #809

Yes of course.  You can hold and save your altcoin in you wallet whenever you are. But you have to be careful to protect your wallet so that you don't get hackers. And dont forget just hold the potential coin.  Dont hold coin spam.

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August 05, 2018, 03:30:13 PM
 #810

Sure you can hold and keep your altcoins in your wallet for as long as you can and the most important thing is that keeping your private key so that you will not lose your coins.
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August 05, 2018, 03:34:06 PM
 #811

I depends on your and the potential you see in the coin. If you think it has a good potential and that it can rise then it will be better you hodl in your wallet but if you don't trust the coin, then I suggest you sell it since the value may fall further or the very bad ones may even fade away.
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August 05, 2018, 03:36:04 PM
 #812

You can store tokens in your wallet as much as you want, but the price depends on the market. You can also buy many different tokens. If one of them works at a very high price, you win!
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August 05, 2018, 03:39:51 PM
 #813

•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?
All the answers in your questions is it all depends, it will die if you hold a useless coin, i think its okay to hold coin on wallet such as MEW for a years cause i did it. The value is determined by market so think before investing.

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August 05, 2018, 05:34:09 PM
 #814

Ofcourse you can. but be sure the tokens aren't scams. Be sure their ideas are feasible, they have great Roadmap, the projects have good potentials  and their developers are credible.
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August 14, 2018, 11:47:40 AM
 #815

In response to the topic, I will say yes you can hold your altcoin in your wallet for years. But make sure it is secure otherwise you may loose your coins. there are many hackers out there looking for a possible means of stealing people's coin. one good thing is that if you are holding a reputable coin, it will yeild great interest.
You can hold your altcoin in more years of coming as far as you have a lot of wallet access because nowadays they can hacked from timw to time so for us to be safe make sure to access a lot of wallet.

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August 14, 2018, 11:54:02 AM
 #816

I  have some altcoins that are more than a year now but those altcoins have a good fundamental and it listed on top 100 in CMC. If it is a pump and dump altcoins better to sell once it reach its all time high, because sometimes this altcoins will have a zero value in the future.

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August 14, 2018, 01:34:06 PM
 #817

I think this isn't protected. you should put every one of your coins in disconnected wallet. Programmers are more unsafe at this point. What's more, they have numerous approaches to get your coins in online wallets
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August 19, 2018, 01:13:02 AM
 #818

Truly you can...however the estimation of it we can never foresee it can be low or it can be high yet risks are the more it remain the more noteworthy the conceivable benefit you need to keep it refreshed and you must have gas on the off chance that you chose to exchange it in light of the fact that in the event that you don't have gas you wouldn't ready to exchange it. you need to anchor both your coin and your gas so whenever you need to accomplish something with in any event you're prepared.
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August 19, 2018, 01:23:57 AM
 #819

Truly you can...however the estimation of it we can never foresee it can be low or it can be high yet risks are the more it remain the more noteworthy the conceivable benefit you need to keep it refreshed and you must have gas on the off chance that you chose to exchange it in light of the fact that in the event that you don't have gas you wouldn't ready to exchange it. you need to anchor both your coin and your gas so whenever you need to accomplish something with in any event you're prepared.

Yes I agree because most wallets are created and designed for long long term but we should check regularly the wallets info for possible updates if there's changes or upgrade to be done for system security because this the most known concerns that after long term of existinse the wallets may be prone to hacking so they need to upgrade security features.
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August 19, 2018, 01:26:27 AM
 #820

Very good question by the way, I have thought about it many times. If you say so well with a coin or token, then you can store it for 10 years, not to mention the year. It happens and such that in blockchain there is a problem and it can solve the current hardfork and softfork or simply change the smart contract by  swap. If all this happens and does not change the altcoin in time, there is a risk of losing this asset and staying with an empty wallet.
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