The long term hold outlook

[aoluain]

I would class myself as a long term holder, I tried trading but didnt make
noticable gains. I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

My theory is that its really going to take about 12 months or at least 12
months for a project to materialise and probably another 12 for further
developments.

I am a long term holder if litecoin, and for years some people have held
this coin until last year it started its healthy price rise and popularity.
Siacoin is another which has undergone a lot of development and its
one I hold long term.

So I invite all long term holders to discuss their thinking on the topic
at this time of rising price activity after some very low valued markets.

[Zyborg]

I would class myself as a long term holder, I tried trading but didnt make
noticable gains. I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

My theory is that its really going to take about 12 months or at least 12
months for a project to materialise and probably another 12 for further
developments.

I am a long term holder if litecoin, and for years some people have held
this coin until last year it started its healthy price rise and popularity.
Siacoin is another which has undergone a lot of development and its
one I hold long term.

So I invite all long term holders to discuss their thinking on the topic
at this time of rising price activity after some very low valued markets.

I strongly agree with you but i am engage in both trading and long term holding and i have been successful in both way.Right now i am holding NEO,EOS,ADA,MIOTA these are very strong based project coins and currently undervalued and continuous development is underway behind these projects and it will take two more years to fully mature,i am holding these coins and expecting that after two years i will be at top level to get higher ROI.

[bitmover]

I think the hold strategy is good when you have solid coins.

I think solid coins are the top30 at the most. The most solid, which are probably just going up in the long term are the top 3: BTC ETH and XRP.

Although I don't like XRP, I have to admit it has solid fundamentals. Solid partnerships (many banks) and bank are probably going to use it soon.

[IrenNTA]

From my point of view, long term hold is reasonable when you don't have time for crypto. In this case you can buy and hold until you reach the planned profit. But I belive that you can earn much more if you use to trade daily. For example, you invested in RPX and sell at 3x price right after listing. Then you bought it back when it was below ICO price and waited until it made 7x. In this case you already earned more than you can get for a long term hold. It's a real story on my friend who decided to hold RPX and as a result sold it far below top price.

[aoluain]

And i certainly.dont have the time or patience to trade daily, it takes a different
level of dedication. Ultimately trading is a big contributer to the value of crypto.
I would wager if someone was to do long term holding the coins or tokens they
hold need to be the right choice. They need to have a good project with good
developmenr road map, a good team and a long term attitude.

[grendel25]

The growing consensus seems to be that cryptocurrency is not going anywhere.  No matter how many times China, Korea, India, or whatever nation state of the week decides to ban or otherwise restrict crypto... it just keeps on going.  No matter how many Mt Gox events there are... again, crypto just keeps going.

So yes, as long as a coin has a development team behind it and they are producing useful developments than many coins in existence today will continue to be good hold options.

[Osiris0]

Thanks for sharing, my experience is not so long in crypto, only half of a year, but I can only agree that the hold-strategy seems the better option than day-trade for me cause I can keep my nerves calm and gain pretty good...

[styca]

I would class myself as a long term holder, I tried trading but didnt make
noticable gains. I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

My theory is that its really going to take about 12 months or at least 12
months for a project to materialise and probably another 12 for further
developments.

I am a long term holder if litecoin, and for years some people have held
this coin until last year it started its healthy price rise and popularity.
Siacoin is another which has undergone a lot of development and its
one I hold long term.

So I invite all long term holders to discuss their thinking on the topic
at this time of rising price activity after some very low valued markets.

I agree that long-term holding is a good strategy if you have solid coins that you believe in. It also helps to reduce any panic if the markets take a sudden downturn, and it helps to prevent the unhealthy habit of panic-checking coinmarketcap every five minutes.
Trading as an alternative approach can certainly be profitable, but requires far more of a time investment.
I used to trade quite a lot, but now I am taking a longer-term hold approach - partly because I don't really have the time to devote to trading.

[Herbert2020]

I would class myself as a long term holder, I tried trading but didnt make
noticable gains. I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

i disagree with everything you just said here after this part and i do believe that long term holding any altcoin is a huge mistake even if you look at their charts and see profit for last year. there is not much future for most coins out there, they won't survive in long term specially those coins that exist purely based on hype and pumps.

here comes the big BUT.... but it is important to do whatever you think is right for YOU. if you think holding is best and gives you the better results then make sure to stick to it. just make sure to follow the first rule: never invest more than you can afford to lose.

[deghpulsa]

I think a lot of altcoin was released this year and the coin did not last long, probably because of the unstable bitcoin price bunch. my strategy in investing in altcoin is to analyze the price from since it was released and whether it has the potential price will go up, besides we also have to see if the coin is entering big market. I recommend investing in dogecoin because by the end of the year the price will definitely go up.

[haryatiposton01]

I think the long-term holding strategy is only suitable for strong and stable coins, such as Ethereum, Ripple and Monero, but I admit there are some coins that are also eligible for long-term holding, I think ADA, Miota, Dash and Litecoin will be successful at the end of the year.

[BTCLovingDude]

I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

your whole strategy relies in a big IF.

IF the coin is adopted...
IF the coin is utilized....

and history is not agreeing with you either.

[mmmn639]

I agree with you. At the same time, I also hold some coins for a long time and the prices have risen. I think the prices of some of the coins I hold have not reached the price I expected....

[Agat22]

You need to understand for yourself whether it is really beneficial to you or you are just afraid and do not want to take risks.
Perhaps this is the case.

[standards]

You are lucky that your coins are performing well in the end.
Or I should say you have done your homework well that you chose good coins.
There are many coins that never perform well even if you hold for years.

[Yuuto]

I would class myself as a long term holder, I tried trading but didnt make
noticable gains. I have got into some alt coins last year which really have
yet to be fully adopted and utilised.

My theory is that its really going to take about 12 months or at least 12
months for a project to materialise and probably another 12 for further
developments.

I am a long term holder if litecoin, and for years some people have held
this coin until last year it started its healthy price rise and popularity.
Siacoin is another which has undergone a lot of development and its
one I hold long term.

So I invite all long term holders to discuss their thinking on the topic
at this time of rising price activity after some very low valued markets.

Your approach to investing in all cryptos imho is probably the safest and most profitable - over the long term.

By holding for the long term you're cancelling out a lot of the short term fluctuations in price that may tempt you into selling early, and as you said, most projects will take at least a few months if not years to mature and finally realize its full potential. And that's not even looking at the fact that bull markets will usually take time to actually start and realize.

That's why I tell people that if they want to invest in crypto at all, make sure that they are prepared to hold for as long as it takes for the next bull market to swing by. If you're impatient, then you probably are better off without investing in crypto. Crypto isn't a tool to make your rich overnight.

[deepcryptomine]

I am a long term holder of plenty of coins. It also depends on when you bought the coins as well. Even though my investment in coins like Waves, 0x project are up I am hodling those because I am optimistic about those project. I could sell the coins I am mining like Magnet, B2BCoin and Zoin but I haven't sold those either since I like each of the project.

[vlad230]

I think anyone with a decent understanding of crypto currency already knows that the long term charts always are on a bull trend.

Holding coins until the project materializes is good strategy but sometime it can go south and you can loose your money.

[commanderbitcoin]

I agree. Long term holding give a huge profit if the altcoin that you are holding is a promising altcoin with active development and with a hardworking devs. Holding long term will also save more time and have a peace of mind during red market.

[thesuriel]

Yes buy and forget kind of guy which can work at times provided that the exchange you went to dont close down or something.