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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 4479 times)
KotiKo
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September 01, 2018, 06:17:09 PM
 #981

•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 seems to me that this is too long a period for storing this coin. There are big chances that it will fall in price. You can at any time refill your balance for gas with the help of an exchange and a bank card, it does not take a lot of money
karavay_71
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September 01, 2018, 08:00:33 PM
 #982

I don't recommend to do such a thing because it is enormously risky, a lot of alts would not be able to survive with time in my opinion.

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Mery Gason
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September 01, 2018, 08:10:59 PM
 #983

I do not see anything wrong with this in order to keep your Altkoins in your wallet for a long time. Buy a good purse and create a strong secret key to it. And all will be well)
anil_saini01
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September 01, 2018, 08:13:55 PM
 #984

Yes, its your choice if you want to hold your altcoin in a wallet. But the value can increase or decrease in the long term. Also for trading or selling your coin you will definitely need gas.
Jaybitcoin2018
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September 01, 2018, 08:20:23 PM
 #985

Well, you can do it, their is nothing wrong to keep your altcoins for a long time in your wallet only thing i can advice is choose the best coin or choose top 5 or top 10 of the coinmarketlist  because this will gaurantee you in a profitable coin a secured coin that will last until the cryptocurrency is being there.
sandaru
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September 01, 2018, 08:54:50 PM
 #986

Yes you can hold your money as long as you wish. But it should be more reliable one for an example using hardware wallets like ledger nano, and some online wallets like myetherwallet and etc. Then other people cannot take tokens or coins from you. Yes there is a problem. That is we cannot never tell with a 100% confident that market price would go high if you hodle. Sometimes very good coins which are coming to the market might become  dead coins and some coins would become very good coins abd they will increase their value
Cryppy_guyL
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September 01, 2018, 09:32:38 PM
 #987

•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?
There are two options, or a couple of years it will take off well, or sink into the unknown. But definitely hold is a good solution. Sense to drain the coins from no, better to hold and wait for growth.

Tahdayi
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September 01, 2018, 09:35:27 PM
 #988

Of course you can keep your tokens , the main thing is not where do not enter information on phishing sites and check once again! and look at the price charts

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BTCmasterVM
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September 01, 2018, 09:47:33 PM
 #989

It is very important to watch for updates, as there are situations when you need to change the coin and do it yourself, and not automatically, so you can hold it, of course, but do not forget to follow the news.
ataki
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September 01, 2018, 09:51:11 PM
 #990

You can have your tokens in your wallet for years. It is not a problem, but better trade with them as
they can lose there value during declining market.
Fakeer 666
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September 01, 2018, 09:52:58 PM
 #991

Of course, you can keep your tokens in your wallet for a long time. But there is a huge risk of not making a profit. Because the alcas can be reset and there is nothing to stand for. Only a rare alky out on a long-term investment.
galahads
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September 01, 2018, 09:53:34 PM
 #992

Yes you can hold them as long as you want but you should consider storing them in paper wallet or some hardware wallet. Grin
Lisa110386
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September 01, 2018, 09:56:13 PM
 #993

Of course, you can leave your coins in hold, and there is a possibility that they will be pleasantly surprised by their value after a while.  But if this is all your money and the whole deposit in this, then you should not take that risk.  There is always a chance that coins will depreciate or completely disappear from the market.
bobbyjonathan
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September 01, 2018, 09:59:04 PM
 #994

You can hold as many coins as you want in your wallets but the coins are still prone to fluctuate in value, so you can control how much they will be worth in a certain time.
nidacoinlove
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September 01, 2018, 10:05:47 PM
 #995

You can have your tokens in your wallet for years. It is not a problem, but better trade with them as
they can lose there value during declining market.
Trade is the better option as the declining phase can make you face up to 80% or more loss. Therefore not to forget about your holdings and following the market while you are holding can protect from loses and can help you profit more than the target profit in less time.
rahul7timt
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September 01, 2018, 10:08:54 PM
 #996

Yes you can hold but you need to check the current value as well. There may be chance that value can be zero of that coin if the project is not good or real but there are chances that value can be 100x as well if the project is good. So holding is always better option.
Smitt
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September 01, 2018, 10:10:27 PM
 #997

For the value of the coin will always remain with what you have, but the price depends on the market. Inside the wallet, it will certainly be safe and will not disappear as long as you hold a private key such as an erc20 wallet or a bitcoin wallet. If you put your coins in an exchange wallet, the risk of missing is 20% if an error server or account is hacked. As long as you monitor it, then your coin will be safe and will not be lost.

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Abigail Asi
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September 01, 2018, 10:12:11 PM
 #998

Of course yes.  You can hold as many coins as you want in your wallet. No doubt about that and nobody's going to penalize you because it's yours and yours forever even if the price fluctuates.
Isabella.21joy
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September 01, 2018, 10:22:43 PM
 #999

Yes, you can hold your altcoins in your wallet for as long as you like, when you feel market goes up then you have to ready to cash out and you can sell your tokens.
fumblingperch
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September 01, 2018, 11:35:24 PM
 #1000

It is difficult to give an answer when it comes to such coins, because no one knows what will happen to the cryptocurrency market after a couple of years, and especially with little-known altcoins.

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