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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4479 times)
polymerbatt
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November 27, 2017, 03:31:17 PM
 #21

•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?

Your coins will stay remain on your altcoin wallet, about the value it's depend on the market actually. I can't say the value getting higher but i'm sure it will have a different price than before. Which altcoins that you want to hold ? I think Ethereum can be the best one to hold.
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November 27, 2017, 03:32:42 PM
 #22

•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?
In future token is high profit investment. But we don't predict the value. It will very fall in market also possible. So don't try to Invest in tokens. Because many problems are created in tokens. So altcoin is the best option to invest in current market. This is more profit for future digital market. Cryptocurrency are popular in all the countries. This is main reason to increasing the value of cryptocurrency.

 
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kuyaJ
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November 27, 2017, 03:41:52 PM
 #23

•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 is hard to be comfortable in any altcoins because some altcoins being shitcoin and some are being more progressive and success, if you know the good one coin that can be success on the future, you can hold on that kind of coin.
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November 27, 2017, 03:43:19 PM
 #24

In doing a long-term investment activity of course you must be prepared with all the risks that will be faced. especially if you invest in the world of crypto because of course we will not know the price movements that will occur in the future and I think if you want to invest in altcoin for a long period of time of course you must be good at choosing a type of altcoin is potentially quite good at future. so it's best before you start a big enough investment on altcoin should you do is to learn with details about altcoin that you will invest for later you will not get a loss. I think what I say is so reasonable that you do not commit a mistake that causes harm.

 
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cryptomorphines
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November 27, 2017, 03:44:52 PM
 #25

Alts is not stable like BTC,most of alts has weak supports if you stored your alts in your wallet for a long time,price might increase or decrease exponentially which alts are you refering to?
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November 27, 2017, 03:57:51 PM
 #26

You can keep them as you want. Of course if you do not track and sell them, then maybe a few years later the value of your coin you hold will be low. Or coin you hold will know take forever.

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November 27, 2017, 04:00:36 PM
 #27

It depends on what altcoins you are holding if you have eth, monero or ripple then you can hold it for couple of years but not all altcoins have the same impression so be careful.
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November 27, 2017, 04:02:17 PM
 #28

Of course you can hold your tokens as much as you like its your discreation but with regards to its value no one can predict whats gonna happen tomorrow maybe the value increase and appreciate or maybe the other thing around happen, because holding cryptos is a sort of investment its either you earn or you lose some the only good thing when it comes to cryptos the likelyhood of success is much higher rather than failure
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November 27, 2017, 04:04:53 PM
 #29

That depends on the altcoins you hold. There are others who have shitcoins really and have no hope that it will survive. So you should be wise to know what you hold altcoins and find out if this is a good thing to do in the future. For you to know what you hold for long and the need to sell to make money. To avoid altogether altcoins that have been priced and you can sell it right away while it's still not falling
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November 27, 2017, 04:36:30 PM
 #30

Quote
•What if I dont have any money ? And I decided to hold my altcoin at my wallet.

If you don't have money then how will you be able to buy the alt coin? You should first manage the funds that will get you tokens equivalent to your investment and the token value. You an hold the tokens as long as you want because it is digital algorithm and it doesn't have end. Its just bunch of codes, it won't die :-)

Quote
•Will the value remain?

The value remain same if the development are not done for that token or the market capitalism doesn't increase or the investors are not there for it. The value will decrease if the token is abandoned by the project manager/founder. The value will boost up if revers of above two things happen. :-)

Quote
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?
Well, nothing depends on the gas, it is only used for the transaction purpose and it is different in limits or different token.





 
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November 27, 2017, 04:37:38 PM
 #31

•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?

You can leave all your tokens in your ethereum wallet and nothing happens to them even you don't have any gas fee or small amount of eth. This doesn't matter in erc20 tokens actually.

Anyway, keep checking your token there.
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November 27, 2017, 05:08:29 PM
 #32

That depends on the altcoins you hold. There are others who have shitcoins really and have no hope that it will survive. So you should be wise to know what you hold altcoins and find out if this is a good thing to do in the future. For you to know what you hold for long and the need to sell to make money. To avoid altogether altcoins that have been priced and you can sell it right away while it's still not falling
Altcoins we can not predict it for a long time until it comes to one stable price in the market. So which coin you are holding is important suppose if it is shitcoins then there is no use to holding that coins for a long time. Whatever coins you are holding just check that coins status regularly and if it's growing then hold it.
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November 27, 2017, 05:10:34 PM
 #33

Ofcourse you can keep your alt coins in your wallet as long as you want. They will be there unless you decide to sell them. That's the good part of online wallets.

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November 27, 2017, 05:14:18 PM
 #34

Ofcourse you can keep your alt coins in your wallet as long as you want. They will be there unless you decide to sell them. That's the good part of online wallets.

It is possible to hold the altcoin for longtime but it is not advisable to have the altcoin for long time. If it is ethereum you can believe it like bitcoin since its market place supply is next to bitcoin. We will not able to get the supply and usage like how we find in the bitcoin and ethereum.
You said we can have it in online wallet. Online wallets are pretty risky to have the bitcoin or any coins. Some of the wallet providers steels the consumers bitcoins in their wallet since their private key are shared to providers. Keep it safe in hardware or desktop wallet.
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November 27, 2017, 05:22:24 PM
 #35

Ofcourse you can keep your alt coins in your wallet as long as you want. They will be there unless you decide to sell them. That's the good part of online wallets.

It is possible to hold the altcoin for longtime but it is not advisable to have the altcoin for long time. If it is ethereum you can believe it like bitcoin since its market place supply is next to bitcoin. We will not able to get the supply and usage like how we find in the bitcoin and ethereum.
You said we can have it in online wallet. Online wallets are pretty risky to have the bitcoin or any coins. Some of the wallet providers steels the consumers bitcoins in their wallet since their private key are shared to providers. Keep it safe in hardware or desktop wallet.

I prefer to store their coins on online wallets, I don't think there's any chance of theft if you observe basic safety rules

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November 27, 2017, 05:45:41 PM
 #36

Gas is needed when you send your tokens to another address, you may hold your tokens forever as they don't be deleted but whether you will make profit depends on coin
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November 27, 2017, 05:51:08 PM
 #37

It's okay to hold your Altcoin, but you must see the market. Don't let the price fallen and make your altcoins has no value.

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November 27, 2017, 05:53:45 PM
 #38

You sure can ! If the coin survives long enough it will still be there in your wallet. The only thing that will change is the price of the coin, because all coins are unstable. The amount you are holding will not change.

No one will take out your coins when you are holding it for years only if you are hacked.
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November 27, 2017, 05:56:50 PM
 #39

If you have invested in reputed coins with good volume and good future then nothing wrong in holding it as in long run it will bring good profits for you.

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November 27, 2017, 06:20:07 PM
 #40

•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?
Crypto value is never same because people are always buying/selling unless its an abandoned coin, the value will remain the same if there are no trades:Smiley.

•Any chances of value getting higher? Or it will die to years later?
it all depends on the projects community and the kind of project it is, but holding is the best way to go for a solid project.
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