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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4471 times)
shiningstar
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June 23, 2018, 06:05:39 AM
 #501

You can hold it as long as you like but the value won't remain gor certain as it will either go up or down. You have to monitor the project though so you know the latest news regarding it, you will lose a lot of money if the coin get delisted and you don't know about that. Also you have to make sure the dev team has the motivation and determination to run the project for a long time.

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lehnelora
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June 23, 2018, 06:11:11 AM
 #502

•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 coin in the wallet. And you can save it for years and the coins you will stay and not diminished. However to note is the coin value. If the coin has a very good potential certainly value will increase. But it's no good if the coin could have been a coin you will drop the value of selling.
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June 23, 2018, 06:20:25 AM
 #503

yes you may hold your altcoin for a year or how many years you want, the value of your token will remain. but you have no idea if the price on the market will increase or decrease. just playing a HI - LOW games.

you can't trade of transfer token on market if you have no gas at all. so you need more gas if want to trade all your token.


GAS can be traded like a regular cryptocurrency. But if you have NEO coins, you can get GAS for free if you save your NEO in personal NEO wallet (not exchange) by controlling your own private key. Grin
would be great for holding Altcoin in this year's wallet. because of the level of development, there will be very high. so I strongly recommend holding Altcoin in the wallet to be more secure and awake from hackers that are spreading as it is today.

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June 23, 2018, 06:22:15 AM
 #504

Yes you can hod your altcoin in your wallet for long time. If you think that your coin has a lot of potential for long time and you can take more growth form them.If project you are doing is excellent and his token are more value able in future  then also you can hold them .
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June 23, 2018, 01:21:44 PM
 #505

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.
Nagibator007
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June 23, 2018, 02:48:44 PM
 #506

Yes, you can keep your altcoins in your wallet for any time (or depending on what e-wallet you use). another question is why? after all, it is possible to sell them before
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June 23, 2018, 02:55:13 PM
 #507

•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 the coin you hold. if it has the potential to rise in the long run then the coin you hold will be nanik later.
if hold coins with a reputation that is not clear then the price will go down.

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bachtuyet177
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June 25, 2018, 08:53:29 AM
 #508

 Yes you can hold it for a year or more  and its safe for a years your coins will possible to get a high value in a year or it will fall down the price and got zero if you're coins is no potential to grow  o I suggest you to pick the right coins if you want to hold for long-term.
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June 26, 2018, 10:34:46 AM
 #509

Good question.If it is "cold storage", you can, but you need to constantly monitor changes in the world of cryptocurrencies. Rules change, conditions change.You must have a private key.
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June 26, 2018, 10:43:27 AM
 #510

That is very risky because many altcoins are not able to last for too long with a good performance. For me if you want to hold it for long term why not exchange it into ethereum. This is safer.
lengocanh2998
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June 26, 2018, 01:27:53 PM
 #511

 Yes you can hold it for a year or more  and its safe for a years your coins will possible to get a high value in a year or it will fall down the price and got zero if you're coins is no potential to grow  o I suggest you to pick the right coins if you want to hold for long-term.
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June 26, 2018, 10:10:39 PM
 #512

If one really wants to hold assets for a long time, the best way is a cold wallet.

The worst option is to leave them in an exchange... Grin

ogabonny
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June 26, 2018, 10:13:29 PM
 #513

It is advisable if you want to hold some tokens for a long time to use a hardwallet with private keys securedly kept. Always ensure your tokens are not being delisted
PrudnikovLS
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June 26, 2018, 10:13:53 PM
 #514

No one will tell you the exact forecast about the future price of this token. But I can tell you with full confidence if you keep your tokens on a secure wallet nothing will happen to them even after 5 years.
Asuspawer09
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June 26, 2018, 10:17:58 PM
 #515

Ofcourse, you can. But choose only those tokens that would be profitable to be held for years particularly Bitcoin and Ethereum. These cryptos have proved that holding for years would result to huge profit. The growth on thesr cryptos market value are really huge which surely gave those who invested before, huge profit.

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tom14cat14
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June 26, 2018, 10:21:39 PM
 #516

The real projects should cost a lot of money in the future. The only problem is to determine the right ones. Most of todays altcoins will die in the future year. The reason is that most of them don't have a real product, just words on the paper.
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June 26, 2018, 10:22:22 PM
 #517

If you want to store a coin on the wallet for more than a year, then I would choose the hardware wallet. He's reliable. Or download the official offline wallet for each coin.
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June 26, 2018, 10:22:37 PM
 #518

•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 in your wallet. But altcoins price depends in the market sale. It may go down but it also may rise. Holding altcoins while the price is low and selling it when its price is high is a good tactic.

If it is needed to hold it for a years, why not? Especially when it has a decreasing value as of now due to the less market demand. Holding and save in the wallet.
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June 26, 2018, 10:28:02 PM
 #519

If one really wants to hold assets for a long time, the best way is a cold wallet.

The worst option is to leave them in an exchange... Grin
Well said., exchanges can get hacked and you lose your tokens or coins
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June 26, 2018, 11:18:02 PM
 #520

Ofcourse, you can. But choose only those tokens that would be profitable to be held for years particularly Bitcoin and Ethereum. These cryptos have proved that holding for years would result to huge profit. The growth on thesr cryptos market value are really huge which surely gave those who invested before, huge profit.
So far that's agreeable depending of the wallet you use and also that can have strong security system. Holding coins for years in wallet may be safe but expecting growth is also gradually increasing. However,many greedy investors who don't mind small investors or even new comers for crypto currrency world.

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