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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4474 times)
minatour
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May 16, 2018, 07:37:48 PM
 #321

of course you can keep your coins in the wallet not just a year or two or even a lifetime you can save and for the value will be higher or down it all depends on the potential coins you have because each coin has advantages and weaknesses in developing

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serjent05
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May 16, 2018, 07:43:34 PM
 #322

If you want to sell your coin and have no gas, you can buy some ethereum from a friend of someone you know and pay them in fiat then send your coins to an exchange. The problem is not all coins increase in value in time. Some even decrease in value.

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Alexishugh7
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May 16, 2018, 07:44:43 PM
 #323

Long term investment ends up paying off but before you go that lane be confident the project will stand the test of time and the developers are willing to follow up on their roadmaps and not turn the project into an abadoned one.
Whichusell
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May 16, 2018, 07:45:23 PM
 #324

I think if the crypt has a real future, it is quite possible. Under good circumstances, these coins will cost insanely expensive, due to which in the future you can get rich. But no one knows for sure whether the crypt will flourish, perhaps what we will keep in our wallets will become priceless over time.
bitcoinhunter1221
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May 16, 2018, 07:48:29 PM
 #325

Yes you can hold your altcoins as long as you want. The amount of tokens will remain as it was before but the price will surely change as time passes by. But it could be better if the altcoin you are holding is really good for long term investment such as Ethereum.
Elderman87
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May 16, 2018, 07:49:58 PM
 #326

•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?

If the world accepts cryptocurrency during those years you left the tokens and the team behind the project continues to develop and push the use case of the tokens then there is a good chance the price value of the token will go up by some good margins. Without any of the above happening, I'm sorry but all you'll be left with is an old time shit coin

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bibitao60
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May 17, 2018, 08:23:47 AM
 #327

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. Smiley Smiley
viperzero
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May 17, 2018, 08:57:21 AM
 #328

Of course you can store tokens on your wallet for a year or more. Their number will be kept and the cost will change. Maybe some of these tokens will increase several times in a year.
owlman
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May 17, 2018, 09:01:09 AM
 #329

•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, you can keep your tokens as long as you like, the main thing is not to lose the private key. At the expense of its price, no one knows what it will be in the future, you need to periodically look at the charts and check the price and its changes.

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viquynhh555
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May 17, 2018, 04:38:57 PM
 #330

I think you need to observe market conditions. Selling your currency when the currency price is high will be a very good choice. What will happen in the future we cannot predict, so we must seize every opportunity to make money to make more money. .
hrunya102
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May 17, 2018, 04:44:22 PM
 #331

do not forget to watch the token, the project team can announce a swap from the erc20 system, this sometimes happens.

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May 17, 2018, 04:48:54 PM
 #332

Tokens are the same as money and in my opinion money must work. Blind hodl won't do you any good if you are not sure that the token will grow in price. How could you possibly know it will?))

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hanaremay
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May 18, 2018, 08:59:46 AM
 #333

Before making the long term holding decision, you definitely should do some homework to make sure that this coin has potential. Cheesy
ThePromise
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May 18, 2018, 02:57:35 PM
 #334

•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 depends on the plan of the whole team of the developer of that coin, there are chances that klarity token will increase its value, but for you to hold it for years, and dont keep an eye on it, maybe its price on the might high or low.

bibitao29
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May 19, 2018, 01:37:22 AM
 #335

If you are a long term investor and you want to hold it for next 5 years then you hold your coin in hardware wallet because there are many hacking attack on online wallets and if you are a trader then you can hold your coin in any exchange wallet which have strong security features like bittrex, binance etc. Wink
hongtranggg
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May 19, 2018, 04:55:57 AM
 #336

i think its ok if your wallet address has run out of balance, i mean balance $ for gas or for deposit, so its save for 1 or 2 year you save your token on your wallet, unless you declare your private key to someone or some regist form, you know what i mean right. Grin
vivuta110
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May 21, 2018, 03:36:40 AM
 #337

 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.
jbdjy
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May 21, 2018, 03:46:14 AM
 #338

If you want to hold altcoin for a long time, it is recommended that you use a hardware wallet, which is relatively safer. Security, private keys do not touch the net, hackers can not pass the network attack. In addition, the device has PIN protection, and even if the device is stolen in a physical environment, your wallet cannot be opened.
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May 21, 2018, 03:48:49 AM
 #339

For cases like this, I think everyone of course has a view of each. Depending on how their trading as well. 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. However, if negative news, and always felt there was no future, then it should sell loss.

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Eraldo Coil
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May 21, 2018, 04:25:09 AM
 #340

The value of that coin getting high or low is still possible. And yes, you can hold your altcoin for years. I recommend you to keep on holding unless you really need money in order for your money not go to waste. And also, you should only be holding coins that have the capability to grow more in the future. If you notice that the project development is not good, then don't invest in it.

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