Holding 5 years a just a imagination

[DeathAngel]

We’re not in a bear market, we’re just cooling off after going too high, too fast in the first part of 2021. Just relax & wait, if you waited 5 years you can wait another few months which is when this bull run will heat up again.

[Maslate]

5 years is not a short time, so you should really choose the right coin for investment.  Altcoins that are well known to many people, I choose altcoins that move to follow the bitcoin rally movement and don't forget to monitor all the time so as not to miss the opportunity to reap profits

The long term investment is easier than the short term, but you are right, monitoring is very important as altcoins are less stable compared to bitcoin, in altcoins, the CEO could go scam which would not happen to bitcoin since its founder is anonymous and bitcoin is there and cannot be tampered, that's why it's a better long term investment than altcoins.

However, based on price trends, altcoins are more profitable in long term hold, so that's a positive them, but it's riskier so always pay attention t the market condition.

[Sollaes]

I just can’t agree more. Hype products like dogecoin are only for trading, and as soon as hype ends and people forget about them, they will die. And only projects with innovative ideas will survive, so we definitely should investigate the idea, docs and development team before investing. 

[DonFacundo]

If you hold the top coins like Eth, BNB, Cake just that has use cases there will be no problem to hold for long you will make big profit of the top coins but are you willing to hold the coin straight for 5 years? I think it's better to check always your coins so that you will not miss the bull run and buy back when the market is bear.

[Jack_Sin]

Holding a particular coin at 5 years is sometimes not a guarantee of profit during a bull market, NEM coins have slumped in the Marketcap rankings after 5 years. Even if you have made a choice of coins to keep for the long term, you should check the coins annually or monthly.

[EYC_ONE]

If one can hold the top 1 coin, you one will benefit from it. The top bitcoin will come at a time when it will be double the previous price. And then everyone will use BTC as a common currency.

[jajorforce]

I had the same problem with buying some EOS blockchain. EOS CEO was changed, but finally I sold for a little profit. You shouldn't leave a crypto announcement because sometimes you could lose your whole fund for swap features. Following Telegram or Twitter will be enough, if you want to hold your altcoins for 5 years. I don't suggest anyone hold 5 years because altcoins opportunities are always changing.

[South Park]

We’re not in a bear market, we’re just cooling off after going too high, too fast in the first part of 2021. Just relax & wait, if you waited 5 years you can wait another few months which is when this bull run will heat up again.

I believe the same but there are many people that cannot wait any longer, many people bought at the top or near the top and they are desperate, after all they invested money they could not afford to lose and every single day in which the price of bitcoin does not move or it goes down it is another day in which they are thinking about selling their coins and eventually they will do so, which is a shame as I think the bull market we will see at the end of the year will be massive.

[carlfebz2]

We’re not in a bear market, we’re just cooling off after going too high, too fast in the first part of 2021. Just relax & wait, if you waited 5 years you can wait another few months which is when this bull run will heat up again.

I believe the same but there are many people that cannot wait any longer, many people bought at the top or near the top and they are desperate, after all they invested money they could not afford to lose and every single day in which the price of bitcoin does not move or it goes down it is another day in which they are thinking about selling their coins and eventually they will do so, which is a shame as I think the bull market we will see at the end of the year will be massive.

Its not a shame because there are calls which are really that give a good call because price movement cant really be predicted and there are really times which you would really be making some good stop loss
or panic sell but somehow these movements or decisions isnt really always giving a good outcome.

Cutting losses is same goes in talks of panic selling but what differs them that one is involved with emotion and one is involved with analysis.

Holding long isnt everybody's genre or preference and its not really that surprising that each of us would have corresponding decision into some situation.

[Liamttw]

You can choose a cryptocurrency with a long history of development and complete technology, such as Bitcoin or Ethereum. They have strong technical support and long-term development has withstood the test of time and the market, it is difficult to beat. More people are investing and demanding so that it has great development potential and room for appreciation.
The emergence of a large number of altcoins is relatively risky, and the investment and trading time should be selected according to market trends to reduce the risk.

[ROSERTY]

The cryptocurrency market is volatile. If we want to hold a coin for a long time, we must choose a currency with a long development time and a strong foundation with perfect technical support, and keep abreast of the market conditions and price trends of the coins we hold.

[lienfaye]

The cryptocurrency market is volatile. If we want to hold a coin for a long time, we must choose a currency with a long development time and a strong foundation with perfect technical support, and keep abreast of the market conditions and price trends of the coins we hold.

Choosing a coin that is good for long term holding is really necessary if we dont want to lose our hard-earned money. Most of the coins existing nowadays are just here because of the hype and has no utility to survive the different market situation.

Established coins are the best choice for long term investment because they already prove something that other coins dont have. Although it takes time to profit atleast they're unlikely to be delisted in exchanges.

[Cherylstar86]

The cryptocurrency market is volatile. If we want to hold a coin for a long time, we must choose a currency with a long development time and a strong foundation with perfect technical support, and keep abreast of the market conditions and price trends of the coins we hold.

Choosing a coin that is good for long term holding is really necessary if we dont want to lose our hard-earned money. Most of the coins existing nowadays are just here because of the hype and has no utility to survive the different market situation.

Established coins are the best choice for long term investment because they already prove something that other coins dont have. Although it takes time to profit atleast they're unlikely to be delisted in exchanges.

Absolutely, especially if you choose the coins that has a good fundamentals for a long term investment. Holding is a great technique when the market price goes down to not lose the money you earned for a long time because as I observed, coins that exist nowadays are the coins who follows trade ideas and especially those trends in the market and has no utility to survive to different market situations.
Those coins that are really trusted are the best choice for a long term investment because as the years goes by, they already had proven something in the crypto currency world where people really wants to be in it. Even though sometimes it takes time to make a profit in those trusted coins but at least it give such a small amount or price.

[distr@yopmail.com]

yes it's only a matter of time.. holding altcoins is certainly a lot of risk if it is within 5 years. We have to be good at analyzing For me at this time if I have a big enough profit, I can sell it. Because we never know what this coin will turn out to be, and I realize that...that's why I'm not too greedy in making policies.

maybe in fact the more appropriate planning is the determination of profit or loss. we can determine the selling price and buying price in the investments we make.
because the time planning is sometimes not under the correlation of market conditions. when we wait for a long time and ignore the big pump with the profit in the beginning I don't think it will be good for the investment made.
just believe the fallen market will rise again. from any circumstances we will see the assets we have will grow back.

[Baihaki Khaizan]

only people who have a high level of patience are able to hold coins for years, in such a long duration we will indeed be faced with several possibilities, instead of looking for profit on one coin we end up losing, so in diving in the crypto market we always  required with the right reference so that our time and money are not wasted.

[monineklutak]

The cryptocurrency market is volatile. If we want to hold a coin for a long time, we must choose a currency with a long development time and a strong foundation with perfect technical support, and keep abreast of the market conditions and price trends of the coins we hold.

Yes, and I think almost everyone already knows what coins to hold for the long term, and for the short term, because the market doesn't always follow one's whims, and everyone won't know what the market will be like in the future.

But the fact is that there are not a few who do not have knowledge about it,
and what's worse sometimes those who don't know which coin is good for the long term or short term ask others for advice without studying it first

[roosbit]

If you are going to invest a fortune in a coin then chances are high that you won't hold this long as  the risk is increased over time.
If I use bitcoin as my reference, people bought btc when it was worth peanuts and imagine investing only $200 by now that's worth a lot. With today's coins it's really difficult to get these kind of ROI that bitcoin has produced.
All I know is that for newer coins it could even be difficult to get a 1000X and I will say holding for 5 years is imaginary.

[Dragonfund]

5 years is not a short time, so you should really choose the right coin for investment.  Altcoins that are well known to many people, I choose altcoins that move to follow the bitcoin rally movement and don't forget to monitor all the time so as not to miss the opportunity to reap profits

You are good analysts buddy.
One can't just wake up one day and decide to invest in trend because others are buying it and decide to hold for 5 years.
During 2017/18 bull run, I know so many projects and I anticipate to buy and hold them for long time though I didn't have the funds then
I have search the whole coin market cap and I can't seem to find/locate most of them. They have been dilisted due to low demand and trading volume, some has been exploited while some ended up as a scam despite the huge beginning of projects development.

[sulendra12]

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.

Do keep in mind that not all of the coins are benefit for 5 years of hodl. If the team and supporters are losing its faith then it's over.

If you would like to invest some, then invest it on some already good one such as Bitcoin and Ethereum. I'm even surprised if those new coins even survive in next 1 year despite majority of them have shady business and roadmap going on right now. Although it's not all of them, I would be really careful if I would like to hodl the coins.

[South Park]

You can choose a cryptocurrency with a long history of development and complete technology, such as Bitcoin or Ethereum. They have strong technical support and long-term development has withstood the test of time and the market, it is difficult to beat. More people are investing and demanding so that it has great development potential and room for appreciation.
The emergence of a large number of altcoins is relatively risky, and the investment and trading time should be selected according to market trends to reduce the risk.

They can do that but they do not want to do so and the reason is that they think those two coins cannot give huge profits anymore, now bitcoin did a 12x in just a year and while that is huge many people are trying to make fortunes with just a couple of dollars so they needs coins that do 100x or even 1000x, and with that in mind they are looking for new coins as those are the only ones that can do anything remotely close to that, but unfortunately the majority that tries to hold those coins for that long will just lose their money.