1l1l11ll1l
Legendary
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Activity: 1274
Merit: 1000
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June 18, 2021, 09:46:46 AM |
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I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.
This is what I think, just holding without having a profit goal is the same as throwing away money that is clearly already in sight. Holding too long will only apply to top tier coins that are proven to really have long-term products, but we also have to know that if we are already profitable, why are we still waiting so long? |
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owengtam09
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June 18, 2021, 10:19:12 AM |
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day. |
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ningrum
Full Member
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Activity: 1610
Merit: 103
The OGz Club
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June 18, 2021, 10:36:20 AM |
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I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.
This is what I think, just holding without having a profit goal is the same as throwing away money that is clearly already in sight. Holding too long will only apply to top tier coins that are proven to really have long-term products, but we also have to know that if we are already profitable, why are we still waiting so long? Before holding on for a long time, make sure first whether our coins are suitable or not, because it is such an important thing that when we hold on for a long time we will not be in vain in doing it, what is clear is that we have to really understand everything so that we can make the right decisions |
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Questat
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June 18, 2021, 11:11:01 AM |
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Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day.
Yes, but there are also many Airdrop hunters who don't get anything even though they often join Airdrops, so when you see that there are some people who are lucky for something, then you also have to research the people who have lost because of that. Some got lucky receiving coins from airdrop which they no longer expect that it gives them money, it was just surprising that this year during the bullish season most of these shitcoins are pumping for no reason. We have this experience last 2017, 2021, and might happen as well in the next Bullrun. But as I've said, we can assure that what we hold now (shitcoins) will likely pump. So better not to think them either but to invest those potential coins for a bigger chance. |
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owengtam09
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June 18, 2021, 11:43:42 AM |
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Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day.
Yes, but there are also many Airdrop hunters who don't get anything even though they often join Airdrops, so when you see that there are some people who are lucky for something, then you also have to research the people who have lost because of that. Some got lucky receiving coins from airdrop which they no longer expect that it gives them money, it was just surprising that this year during the bullish season most of these shitcoins are pumping for no reason. We have this experience last 2017, 2021, and might happen as well in the next Bullrun. But as I've said, we can assure that what we hold now (shitcoins) will likely pump. So better not to think them either but to invest those potential coins for a bigger chance. That's right, I use to earn in airdrop before and I think that year (2017) is a lucky year for me for cryptocurrency. I use to earn in airdrops 2 times, and I for sure there are still potential shitcoins that can have a value for no reason. I have a lot of shitcoins in my etherwallet and I still want to join airdrops because no one knows that maybe one of those coins can have a potential someday. And there is nothing wrong for trying. |
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Tipstar
Sr. Member
Offline
Activity: 1764
Merit: 280
Smart World Global Token
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June 18, 2021, 12:02:52 PM |
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When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.
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pinoycash
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June 18, 2021, 12:10:30 PM |
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When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.
Yes! Having a set goal price for every crypto we hold is a must, Since this limits our exposure to losess and stop us from getting greedy specially during bull run. Having both a clear goal in terms of profit and also a stop loss will make our trading journey much more profitable and safer against losses. |
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ilovealtcoins
Sr. Member
Offline
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
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June 18, 2021, 01:41:56 PM |
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Holding altcoins is riskier than Bitcoin. Projects can end at any time because a fatal error in the source code can kill the project, or the developer stops the project.
Blockchain technology is constantly changing so we cannot know which projects will grow continuously or will be crushed by others. To be a successful holder we need to know how to diversify our investments and have an accurate judgment of the market trend.
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Lordhermes
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June 18, 2021, 02:13:31 PM |
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You shouldn't expect every coin to be successful because it's cryptocurrency, every crypto adviser will tell you that not all coin would be implemented and be useful in the future, there may be a time when for example LTC will bit be successful and will die off just like NEM,
You just have to be wise enough to select the best coin before investing in them, be sure to select a use case coin.
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Ekyfitri
Sr. Member
Offline
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
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June 18, 2021, 02:28:29 PM |
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When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.
Yes! Having a set goal price for every crypto we hold is a must, Since this limits our exposure to losess and stop us from getting greedy specially during bull run. Having both a clear goal in terms of profit and also a stop loss will make our trading journey much more profitable and safer against losses. that's why a trader and investor do need to make a plan from the assets they buy. determine assets for the long term or short term. determine assets for trading or investment. determine the selling price or buying price. everything should have been taken care of from the start to limit how an investor or trader can make a loss for themselves. |
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TokenForUs
Member
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Activity: 392
Merit: 10
Ccfound
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June 18, 2021, 10:46:07 PM |
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Dont hodl for 5 years without checking any news about the project you invest in, check it as a roadmap or every 2 years. The best thing usualy you can check it if you hear about the BTC bullish news. Like people who invested in 2014 to ethereum and hodl it untill 2017. Or people who invested in to dent, aave, swissborg in 2018. Those token ICO is announce here in this forum.
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Ziskinberg
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June 18, 2021, 10:55:55 PM |
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Dont hodl for 5 years without checking any news about the project you invest in, check it as a roadmap or every 2 years. The best thing usualy you can check it if you hear about the BTC bullish news. Like people who invested in 2014 to ethereum and hodl it untill 2017. Or people who invested in to dent, aave, swissborg in 2018. Those token ICO is announce here in this forum.
holding 5 years is a maximum tolerance, that was pretty long. Honestly, I can't wait that long without checking the market price and the possibility that I may sell my crypto earlier than 5 years if there is an opportunity. Of course, why not? The purpose of investing in crypto is not to hold for many years but to have profit in a shorter time if possible. Holding 5 years is a joke for me and I'd find no reason why we should have to do it. |
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LordMiguel
Member
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Activity: 175
Merit: 10
ITSMYNE
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June 18, 2021, 11:00:25 PM |
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it depends on what you are holding. you can not compare who is holding bitcoin and ethereum with someone holding Neo and EOS. those tokens has little or nothing serious to offer. try invest in quality projects and see the result of holding. it is wonderful and good to get quality projects. not scams and quick rich projects.
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19Nov16
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June 19, 2021, 12:18:25 AM |
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
Of course 5 years is a good time for holding crypto, because crypto prices dropped at the end of 2018 so off and happy because my portfolio rose about 8x, and I will hold again because crypto trends continue to improve. |
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South Park
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June 20, 2021, 08:53:02 PM |
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Holding for five years of time will surely assure with big profit. This can be understood with the growth that has happened with different cryptocurrencies in the past. Till date users who have kept hold for few years of time have profited good out of cryptocurrencies. I keep suggesting my friends to save little by little and take out the profit focusing long term.
People need to understand that holding an asset can be profitable but only if such asset has very strong fundamentals, this is the case for bitcoin as it is by far the best coin in the market, there are a few other coins that are worth holding for the long term but those coins are few and far between, do not take the risk of holding a new coin in the same way as you could easily lose your money as we know the majority of those coins are scams or disappear shortly after their creation. |
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Spack17
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June 20, 2021, 09:18:03 PM |
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Holding coins for five or even more years is not an impossible thing to do actually. Look at those who got rich in Bitcoin. Most of them accomplished it by being patient for years. Hence, I can't use a word like "impossible" for this.
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fvb
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Activity: 1470
Merit: 13
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June 21, 2021, 12:54:52 PM |
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After such a long time, many coins simply will not survive. Trust only to those who stood at the origins of the technology. As time has shown, the best investments are only in these coins.
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(o)(o)ilikeboobs(o)(o)
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June 21, 2021, 01:17:39 PM |
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After such a long time, many coins simply will not survive. Trust only to those who stood at the origins of the technology. As time has shown, the best investments are only in these coins.
Investing in crypto is a high-risk venture so even large investment funds are likely to lose money when the project goes bankrupt. We buy crypto and risk more than mutual funds so if you invest in crypto forget them, money has been thrown out the window. The only way to beat the market is to invest in the deepest bear market and wait for the market to rise again. |
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unusualfacts30
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June 21, 2021, 01:32:08 PM |
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Five years ago btc price was at $406. Anyone who held their btc for this long gained $59500. I cannot imagine many people can hold for that long but for those who can holding can be very rewarding. Patience pays off. not every coin will bring you this much profit and you should always take your precautions when investing in any altcoin that is suitable with your own investment style.
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fileo
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Activity: 658
Merit: 10
Rangers Protocol
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June 21, 2021, 02:06:34 PM |
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It depends on what coins we are choosing to hold for 5 years. Because not all coins in crypto are potential. There are also shitcoins which always make us down at the end. No gain from our expectations to earn. Potential coins are meant to give us good return in due time. One of those potential could be find in top 100 coins particularly the top 5 not including usdt.
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