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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4474 times)
ponni92
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August 28, 2018, 07:13:48 PM
 #901

Yes you can hold your coins to your wallet for years. Just make sure you keep your private keys and dont forget to back it up for safety.
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Vasa101
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August 28, 2018, 07:36:38 PM
 #902

•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?
I don't think, that holding all your altcoins for years in your wallet is a good idea, because the cryptocurrency market is very changeable. What is popular now, tomorrow can fall in price very much

Bigbansk
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August 28, 2018, 07:47:27 PM
 #903

Of course, you can keep your tokens as long as you want in your wallet. Just what is the goal you are pursuing, market trading, and warehousing is another business
Irina_ortman
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August 28, 2018, 07:58:11 PM
 #904

You can store your tokens as much as you want. Think about security, it's better to buy a purse to ensure the security of your tokens. And choose a strong password.
mmacool
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August 28, 2018, 08:03:12 PM
 #905

It's your decision. And you can keep your tokens as long as you want. You can try to hold for 10 years. It will be a very cool experiment in my opinion. Not everyone can watch for as long as your tokens grow or fall.
AngellSky
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August 28, 2018, 08:34:33 PM
 #906

•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?
I don't think, that holding all your altcoins for years in your wallet is a good idea, because the cryptocurrency market is very changeable. What is popular now, tomorrow can fall in price very much
if we consider the presented situation through the prism of today, then in any case there is no other way out than to keep your coins in your wallet and not sell them. today's market does not have for effective trade.

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abhi777
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August 28, 2018, 11:21:07 PM
 #907

As long as the altcoin retains a value and a place for exchange then you can trade it. Your wallet is your personal storage space and there is no timelimit on what you can keep there. If you wish to move the token in the future then you will need to purchase some ETH to give you the gas to access the network.
of course you can, you can hold an altcoin a year or several years. and long term you can get good results. but we have to look at the project. but you must be careful with hackers he will make a lot of ways to hack your account. so we have to check it often.
aghedo1
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August 28, 2018, 11:23:26 PM
 #908

Yes you can hold altcoins in your wallet for years, you just need to keep your private keys secured. It may be worthwhile to buy a hardware wallet especially if the tokens are much
BitSat
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August 28, 2018, 11:28:07 PM
 #909

Do not torture yourself too much. It's up to you to hold altcoins in your wallet for how long that's your right. But if you feel it is good decision to get something good then do it. And if you feel altcoins that you hold are not progressed as you want then sell and buy other altcoins which are better and qualified. So you are not wasting your time.
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August 29, 2018, 09:49:30 AM
 #910

You can, but is it worth to be done? The price will be changed so many times and the value could be lower than you predicted, so losses will be very great.

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Successmaniac4
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August 29, 2018, 10:12:24 AM
 #911

Of course you can, but it will depend on the coin you have. If you hold the coins for a long time, it might turn into shut coins. You just have to hold it for not more than 5 years.

VanDeinsberg12
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August 29, 2018, 03:16:57 PM
 #912

As long as the altcoin retains a value and a place for exchange then you can trade it. Your wallet is your personal storage space and there is no timelimit on what you can keep there. If you wish to move the token in the future then you will need to purchase some ETH to give you the gas to access the network.
of course you can, you can hold an altcoin a year or several years. and long term you can get good results. but we have to look at the project. but you must be careful with hackers he will make a lot of ways to hack your account. so we have to check it often.
That's why he must use the safe wallet to keep all of his asset and i guess that will give you a lot of the advantage and the hacker will not able to steal his amount. There was so many hackers in these days with so many method that has been used to steal others asset. We must check it regularly and activated all of security.

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Uzoma2018
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August 29, 2018, 03:25:10 PM
 #913

As long as the altcoin retains a value and a place for exchange then you can trade it. Your wallet is your personal storage space and there is no timelimit on what you can keep there. If you wish to move the token in the future then you will need to purchase some ETH to give you the gas to access the network.
of course you can, you can hold an altcoin a year or several years. and long term you can get good results. but we have to look at the project. but you must be careful with hackers he will make a lot of ways to hack your account. so we have to check it often.
All have been said, wallet is for holding or storing your assets and is better and safer than exchange.
melkola
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August 29, 2018, 03:28:22 PM
 #914

Of course you can. But what's the point? If you very much believe that some of your altcoins will grow and even overtake the price of bitcoin, then it probably makes sense to keep them there for a couple of years. But in my opinion, all global currencies have already identified themselves, judging by their prices. And all otsalnoe is just junk that will sooner or later become Scam.
pshannon21658
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August 29, 2018, 03:38:59 PM
 #915

If it doesn't matter to me, hodl altcoin with quite a long time. However, you must also update the info about the coin. If it is reasonably still have a future, then hodl it doesn't matter. Smiley
rinkujaglan
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August 29, 2018, 03:39:58 PM
 #916

You are free to hold your wallet for a long term, you are not panic about it. If you think that a long term invest get a big amount so you don't worry about it, you can sold your token when you get cash. There should be a long term investment in altcoin.
Aljay7
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August 29, 2018, 03:44:15 PM
 #917

Yes, you can hold any token in your wallet for as long as you want to hold it, but to the question if it will rise by holding it. The answer is, it depends in your token if it has a potential to rise up or not.
Emilyp
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August 29, 2018, 03:44:20 PM
 #918

You can keep your tokens as long as you wish, provided you're the only one that has access to the wallet nothing will happen to the tokens. Whether it will grow or not depends on the token and no one can say it will or not.
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August 29, 2018, 03:47:03 PM
 #919

•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?

Please dont get your mind to simply thinks like gas fee and etc. Cryptocurrency  is a virtual money. Dont forget it. And we cant predict anythink this market situation. If you have good confidence and more capital for get some risk you can hope about your investment.  Cool

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GameOfBit
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August 29, 2018, 03:49:15 PM
 #920

Yes, you can store your coin as you want, only in your wallet. He will not lose his value. Only in what the market will be in the future. He will keep his price or fall in price, everything will depend only on the market.

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