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Author Topic: A very very long term Hodling advice  (Read 1155 times)
aakriti
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January 17, 2018, 06:48:20 AM
 #161

Hi, I hold a few tokens of varied nature and a few coins. I have setup a few eth addresses for the younger members of my family. I am talking about kids that are less than 3 yr old   Wink So, what would you include in their new accounts, so that they can use it in 15 yrs?
It is very good idea to invest in cryptocurrency for long term investment. But two things need to remember first invest in top 100 Coins only and second login your wallet every month.
ethereumhunter
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January 17, 2018, 06:52:02 AM
 #162

Hi, I hold a few tokens of varied nature and a few coins. I have setup a few eth addresses for the younger members of my family. I am talking about kids that are less than 3 yr old   Wink So, what would you include in their new accounts, so that they can use it in 15 yrs?
It is very good idea to invest in cryptocurrency for long term investment. But two things need to remember first invest in top 100 Coins only and second login your wallet every month.

maybe he can choose the coins which in top 20 until top 50 because for the top 100 coins, it needs more time to analyze for each of coins. so if he can analyze for that top 25 coins, then I think he can select many coins and I am sure that he could have 10 coins to invest. so far, you need to invest in btc because this is the mother of cryptocurrency and the second you can go with ethereum. for the next coins, I think you need to analyze for each coin so you will find what coins that will work for you for a long term.

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erick94
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January 17, 2018, 06:55:06 AM
 #163

Hi, I hold a few tokens of varied nature and a few coins. I have setup a few eth addresses for the younger members of my family. I am talking about kids that are less than 3 yr old   Wink So, what would you include in their new accounts, so that they can use it in 15 yrs?
It is very good idea to invest in cryptocurrency for long term investment. But two things need to remember first invest in top 100 Coins only and second login your wallet every month.

maybe he can choose the coins which in top 20 until top 50 because for the top 100 coins, it needs more time to analyze for each of coins. so if he can analyze for that top 25 coins, then I think he can select many coins and I am sure that he could have 10 coins to invest. so far, you need to invest in btc because this is the mother of cryptocurrency and the second you can go with ethereum. for the next coins, I think you need to analyze for each coin so you will find what coins that will work for you for a long term.
I think 20 top coin can be a good choice as long as you choose from the order of 1-20. it will make less selection and easy to understand which coin has a good future and is suitable for the long term.

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leslie4u
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January 17, 2018, 07:13:14 AM
 #164

HODl is a good thing especially with POS coins because that's how you generate new coins. However, HODL is true for other coins/token. One thing I learnt over the last couple of years while being in Crypto is that "PATIENCE" is the key to success in Crypto world. You may get into loss but then HODL it and you will see it rising. Some of my long term holdings are-

GRIM
808
1337
Cheese
Onion
Worms etc etc etc

Thanks and have nice day.
tree1100hn
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January 17, 2018, 07:21:22 AM
 #165

Now update too fast, in the future I think BTC and ETH should be replaced by other digital currencies, should be, the code is open, there will be more, better, more advanced digital currency appears to invest 15 years whether the investment is Too long, for now BTC may hold 5 years, not 15 years, science and technology progress too fast. Need to view your investment in a timely manner instead of letting go!
emoji00 (OP)
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January 31, 2018, 08:31:01 PM
 #166

One of the most difficult things is determination. If you are ensure that you won't either be panic when price goes down 70% and excited when price goes up 500% in few days. Then pick coins / tokens have been adopted in real use case such as Bitcoin, Ethereum, Litecoin, NEO,etc.
Good luck.

No panic at all. It won´t be a huge bag and I will most likely give the private keys to their parents who anyway probably don´t know what to do with them, so no change to chicken out here.
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