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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4474 times)
Gargo
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November 29, 2017, 09:37:39 PM
 #141

how much you can hold your fiat money in your wallet

Of course you can, I do not recommend it much. Now this is the easiest way to multiply your coins. It does not require much knowledge about the virtual currency, it is enough to be patient.
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November 30, 2017, 03:15:24 AM
 #142

It depends on the developmen of the altcoin if the pumping altcoin value will be higher and many altcoin is also the beginning of his victorious but the tip of his scam
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November 30, 2017, 03:32:22 AM
 #143

The decision will always on your hand buddy, you can hold your altcoin in your wallet but you can also sell it into the market. However in my opinion it's better to sell it when the price is right, because no one can says if the altcoins are running for long time ago or not. Also if for you the value of altcoins are enough to satisfy your needs then sell it but if not just hold it. Actually selling of altcoins in the market have no assurance because due to continues increasing of bitcoin in the market more altcoins are starting to shut down their growth.
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November 30, 2017, 03:38:34 AM
 #144

It depends on the developmen of the altcoin if the pumping altcoin value will be higher and many altcoin is also the beginning of his victorious but the tip of his scam
What the hell are you saying?

how much you can hold your fiat money in your wallet
As much as you can trust the wallet. If you believe your wallet is secure, you would put big amount in your wallet.

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November 30, 2017, 03:48:42 AM
 #145

•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?
Yes, you can hold your altcoins as long as possible. You cab hold it in many years but you must be aware of its price because you can sell it in its high price so that you can earn more cash.

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November 30, 2017, 03:54:06 AM
 #146

You can. It is for your own risk, you can have gains or losses. Hold a coin that has a great future to ensure gains and not waste the time that you also invested to wait for a profit.

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November 30, 2017, 03:56:58 AM
 #147

•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?
Yes, you can hold your altcoins as long as possible. You cab hold it in many years but you must be aware of its price because you can sell it in its high price so that you can earn more cash.
I second the above comment, better to do staking and re-invest those in the market to buy best value yielding coins or else you can use those coins to build a MN and try mining.

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November 30, 2017, 04:12:08 AM
 #148

•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?

no worries if you hold your altcoin in your wallet, as long as you have backup the private key, and of course the value will remain.
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November 30, 2017, 04:15:37 AM
 #149

Well, Yes of course you can store your tokens as much as you want in your wallet. Even if nothing happened. The keys are not lost, etc. I Have friends who buy Bitcoin and put it in the Bank until 20130 year when children will be 18 years, they will get their one bitcoin each.

High risk high payoff
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November 30, 2017, 04:23:09 AM
 #150

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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November 30, 2017, 05:21:50 AM
 #151

Yes you can hold your altcoin in your wallet for how many years and the value it will remain,but the price in the market is the problem you cant stop the price, it will increasing or decreasing so even if your coin is in your wallet for a year but the question is what price in the market after you hold your coin in the wallet in a year? it will be increase? or decrease?. if its increasing thats good, but decreasing? i dont know what to do to the coin.
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November 30, 2017, 05:44:07 AM
 #152

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

Yes, recently, the parity wallet had some problem and some ico funds were locked, so I think the safest way is keeping your coins in offline wallet, and store you keys in secret way.

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November 30, 2017, 05:51:37 AM
 #153

Yes you can but you need to be aware of security risk you are likely to face. Bitcoin for example can not be hacked but where it is kept can be. And many of the losw we have witness in crypto is as a result of third part holding people's bitcoin.

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November 30, 2017, 05:54:16 AM
 #154

It really depends if the altcoin you are holding will be progressing in the future, anyways you can check any updates of the coin you are holding to know if its dying or not. Some exchanges would give you a notification that a certain coin will be delisted or something like that so you have an ample time to sell your coins and get something out of it rather than not getting anything at all.
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November 30, 2017, 06:03:49 AM
 #155

If you are planning to be a bag holder instead of a trader then i suggest you to buy a hardware wallet like Ledger Nano.
This is more secure to hold your coins in a hot - web wallet.
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November 30, 2017, 06:09:19 AM
 #156

You can. It is for your own risk, you can have gains or losses. Hold a coin that has a great future to ensure gains and not waste the time that you also invested to wait for a profit.

Indeed. If you think your coin that you're holding has a progressive ability then holding is not a bad idea. But you still need gas tho, you don't want to keep your coins in your wallet forever.

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November 30, 2017, 06:15:22 AM
 #157

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
I think so, because now a lot of hackers lurking us, so if too long keep in the wallet is not safe, don't let stack a lot of coins in the wallet.

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November 30, 2017, 06:23:01 AM
 #158

If you really want to make good money, just hold some good alt for few years, but some times when the price moves up very well you could sell off part of it and keep part, You can also rebuy some more if the price happens to go down pass where you sold, this is another way of increasing your holding of the asset.

Yes , you can hold your coins for as long as you want. The only thing which should be taken care here is that you need to know the progress of the coin on monthly or quarterly basis if you want to hold for a very long time. Other than this, some coins undergo fork and any majors changes which you should be aware of. Some coins owners also tend to abandon the project and coins get desisted. If you keep in touch with the coin progress, you can act accordingly else keep on holding for long term.
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December 06, 2017, 02:02:25 PM
 #159

•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?
That depends on your choice, if the klarity token has so big community behind it and very profesional developer and the value of the token will be higher in the future, All of your analyzation gives a lot of the impact for your choice. And you must to do it seriously if you are aiming for the longterm holding or investment.
Surely you can hold our altcoins for year or for more than year there is no issue in holding your coins yet recollect the cost of altcoins are changing so because of this issue you have to judge to which altcoin you need to keep you may judge the previous history of that mint pieces to shield yourself from misfortune.
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December 06, 2017, 05:54:02 PM
 #160

Why not as long as the coin is still potentially will increase as you shall then hold bitcoin to get more benefits but it depends on whether you need the money or not

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