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Author Topic: Holding 5 years a just a imagination  (Read 3398 times)
monineklutak
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May 22, 2021, 03:56:28 PM
 #41

We’re still in a bull market, this is just a correction although admittedly, a significant one. The bull market still has a long time to run. If you haven’t got the balls to hold for years then don’t but have fun staying poor.
I think its a right time for us to buy more bitcoin and altcoins then hold for 5 years. I'm sure that the next bull run again will occur the next 3-5 years and it's gonna take long compared today. Holding crypto for 5 years is not easy for normal people who earn sufficient money everyday, there are times that they will test their financial situation where they need to sell their tokens. Its a test on how you will able to hold in the 5 years.
Holding for 5 years is certainly not a short time and it certainly takes patience,
And if you want to do that as you say right now is the right time to buy coins,
what is clear it all depends on the decisions of each

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May 22, 2021, 04:40:30 PM
 #42

Why NEM? Hold BTC and ETH to see what happens in the next five years time, they never disappoints, the best coins to hold for many years to come is the king and queen of crypto, every other coins can lose it's position easily

Agree. The two most appropriate choices for people who want to store their assets for 5-10 years, five years is a long time to hold coins. For long term investment in crypto, I think you have to monitor the coin's progress continuously. You can search for the community group or follow the project's social media, so you can know when the project is no longer suitable to hold.
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May 22, 2021, 06:36:59 PM
 #43

Yes, it is too long time. We should take a look on that coin atleast once per year. Because it is crypto Market everything is possible here. A coin can 100x in a day or -100x in a day. If you want examples you can look at shitcoins. Some shitcoins increased 100x in a day and after a big pump they dumped very hardly.

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May 22, 2021, 07:22:22 PM
 #44

Why NEM? Hold BTC and ETH to see what happens in the next five years time, they never disappoints, the best coins to hold for many years to come is the king and queen of crypto, every other coins can lose it's position easily

Agree. The two most appropriate choices for people who want to store their assets for 5-10 years, five years is a long time to hold coins. For long term investment in crypto, I think you have to monitor the coin's progress continuously. You can search for the community group or follow the project's social media, so you can know when the project is no longer suitable to hold.
Well of course BTC and ETH are best for storing money for long term if you have a larger amount... I'm not rich guy so I rather put 100$ on some small cap projects and wait since there I have bigger chance of getting that x100 with of course larger risk.
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May 22, 2021, 10:52:01 PM
 #45

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?
The market is correcting after a long rally but i cannot view this as a bear market as i am still expecting that the market went down due to FUD by prominent people and they might have made huge profits. The market recovered after a deep crash but today the market saw huge selling pressure and we will have a clear idea what we should expect from the market in the coming days..

I am only planning to invest once the market is settled and there is no way i am going to take the risk of investing when everyone is booking their profit.
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May 22, 2021, 10:57:16 PM
 #46

I sincerely envy those people who kept their coins for 5 years, now they can not worry about their income and feel as free as possible.
I am sure there are holders who have been holding coins for more than 5 years and every time they are convinced of the correctness of their choice.

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May 22, 2021, 11:07:07 PM
 #47

Now i think bear market is going on , so holding for 4,5 years just a imagination.
I don't think the bear market already begins, just keep calm and see the next situation in the crypto market. The current dump in the prices of most crypto coins is actually caused by the drop in Bitcoin price. While the drop in BTC price seems very suspicious. I guess whales are playing with us, they are trying to fill their bags before the next pump in Bitcoin price. So, just don't hurry to decide to hold for 4.5 years.


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May 22, 2021, 11:16:26 PM
 #48

I sincerely envy those people who kept their coins for 5 years, now they can not worry about their income and feel as free as possible.
I am sure there are holders who have been holding coins for more than 5 years and every time they are convinced of the correctness of their choice.
It could be possible, rich people can do that but I don't know if that is a good decision knowing how volatile we are and we neither sure that in the next 5 years the market is in bullish.
I could make a hold for many years but such a time frame given is too long enough. For me, I ain't do that, if the bullish will had come earlier to that I have to sell my cryptos right away.



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May 22, 2021, 11:19:48 PM
 #49



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?

 

You are going to lose a lot of profit if you confine your coins to HODLING than not selling them at the right time, HODLING is good if you know the right time to sell it, investing in Cryptocurrency is like that buying and selling at the right time, something HODLING will not give you as an option to make a profit, so don't HODL blindly.

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May 22, 2021, 11:25:04 PM
 #50

Now i think bear market is going on , so holding for 4,5 years just a imagination.
I don't think the bear market already begins, just keep calm and see the next situation in the crypto market. The current dump in the prices of most crypto coins is actually caused by the drop in Bitcoin price. While the drop in BTC price seems very suspicious. I guess whales are playing with us, they are trying to fill their bags before the next pump in Bitcoin price. So, just don't hurry to decide to hold for 4.5 years.

Don't be too pessimistic about current market conditions, I agree too early to mention that we are currently in a bear market. Since what is happening
to the crypto market right now is not the first time, the current downturn is not the end. Stay patient with current market conditions, I am sure that it
will not be long before the crypto market will recover soon. Don't give up on our goal of holding in the long term, successful investing in crypto must be
patient and optimistic.

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ecnalubma
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May 22, 2021, 11:59:28 PM
 #51

It really require patience to hold that long and its riskier just make sure that you are aware of what’s happening about the particular project because sometimes the team abandon it without prior notice. If you go for a long hold don’t bag shitcoins.
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May 23, 2021, 03:29:07 AM
 #52



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?

 

Nem was one of my favorite coins here in cryptocurrency during its time of 2016, especially when 2017 came up were its highest peak price reached was 1$ almost but after 2017 bull run I began to decreased my belief on NEM, this recently IEO arise in this field of business in crypto space my belief on NEM was totally gone and transfer into other coins in which I think is better than NEM and one of this are Cake, UNI, MOMO, PANTHER, and GARUDA these are the token so far that I am holdings now for a year but not 5 years of course, instead 1 or 2 years only to hold.

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May 23, 2021, 07:03:50 AM
 #53



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?

 

We did not know that the current top 5 coins will be able to continue to maintain their position in the future, because business competition in this industry is so tight.  it could be that in the future there will be some new coins that are able to be in the top 5 positions so that they will be able to shift the position of the old coins that we will hold later.  holding for a long time can sometimes be profitable and can also reverse things beyond our expectations

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Bitcoinjheta
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May 23, 2021, 07:30:34 AM
 #54

I wonder why you hodl NEM coin for 4,5 years in which those coin define only for medium, and short term hodl while futuristic coins like BTC, ETH, BNB and ADA which has good scalability and profitability for future time you won't bought for long term hodl.
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May 23, 2021, 07:52:45 AM
 #55

The only coin that I hodl for a long period of time is Ethereum, which I believe hasn't reached its potential in the market, I buy and sell coins like Bitcoin. for short term profit, you should only HODL coins that are not yet reached its potential in the market, Bitcoin price is moving up and down and it's good for short term profit, you should take some for short term and keep a portion for long term profit.
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May 23, 2021, 07:58:30 AM
 #56



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?

 

We did not know that the current top 5 coins will be able to continue to maintain their position in the future, because business competition in this industry is so tight.  it could be that in the future there will be some new coins that are able to be in the top 5 positions so that they will be able to shift the position of the old coins that we will hold later.  holding for a long time can sometimes be profitable and can also reverse things beyond our expectations
Yes it is like that but when talking about the top 5 coins I don't think it's easy to shift it,
even for bitcoin for me it will still be the king of cryptocurrency,
what is clear is that holding back for a long time is certainly not that easy because we must have high patience

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May 23, 2021, 08:44:30 AM
 #57

It is true that we are seeing many altcoins going down at a very high rate even in a short time period. At this point, the most important thing to do is doing a very good research. Because there are really small amount of altcoins which can be trusted for HODLing.

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May 23, 2021, 09:15:35 AM
 #58



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?

 

I believe that this is why you have to understand if the project you want to Hodl for that long is worth the Hodl. Not all coins in Alst are good for hodling for that long, I will not personally Hodl outside Bitcoin and Ethereum for a long term because once I am sure that the bear market is in, all Alts are liquidated to stable coins.
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May 23, 2021, 10:02:52 AM
 #59

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?
I think that is not just imagination because I do not mind holding my coins for 4-5 years later. After all, that will be my investment in the long term. But I am sure that some coins can be a short term investment as I see that some coins can increase. Besides using the crypto as my investment, I will try to trade it and make a profit because I think some coins will have good movements in the market and not all of the coins will just stay at a lower price without any movements.

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May 23, 2021, 01:17:27 PM
 #60

If you really want to hold coins for a long time then you can invest in coins that already have good prospects for example BTC or Eth. we know that the coin has been on a drastic increase in recent times and it will definitely be very profitable for coin holders. We all know that the crypto market fluctuates and that frustrates a lot of people. therefore it is important for us to be able to choose good coins to hold, especially to hold for a long time

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