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Author Topic: Holding 5 years a just a imagination  (Read 3398 times)
slaman29
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May 23, 2021, 04:18:20 PM
 #61

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.

Well when they were all going up at just as high a rate nobody was complaining, everyone was saying to the moon and to Mars and all that, very conveniently ignoring what a big bubble the altmarket (AND DEFI) was coming out to be also.

Hodling alts? The list did not change since 2017 in my opinion. Deficoins will all die.

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May 23, 2021, 04:48:40 PM
 #62

Obviously that make sense. Holding is an art mate, you can't just be a sheep and follow the HODL group. We need to act different portfolio each quarter when the market is moving upward and downward. Thats the first step and it can give us clear indication which coin in our portfolio is messing up with us.

Keeping in mind that the roadmaps are plotted for couple of years to decade one can not just rely on small pdf document but the reality needs to be triple checked.

It's better to switch when the time is right or at least indications are right.
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May 23, 2021, 04:51:56 PM
 #63

but many people also can hold that long even though it feels quite difficult to do. because it is not certain in the future that we think gold will now become gold. vice versa, what we think of as shitcoin will become shitcoin.
it is very difficult to choose gold in a haystack so we have to be really clever in choosing so as not to make the wrong investment

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May 23, 2021, 05:00:21 PM
 #64

A fairly long time period, sometimes even two years is too much, you must always keep your finger on the pulse. I missed a lot of coins because of my work, because there was no time to monitor and analyze information.
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May 23, 2021, 09:32:16 PM
 #65

but many people also can hold that long even though it feels quite difficult to do. because it is not certain in the future that we think gold will now become gold. vice versa, what we think of as shitcoin will become shitcoin.
it is very difficult to choose gold in a haystack so we have to be really clever in choosing so as not to make the wrong investment
Some People can do that because of their beliefs that soon there investment will be doubled. There is nothing wrong about how many years of holding, what matters most is the kind of coin your holding. It is better to know more about it and keep track every single day it's standing and every update for you to have the right investment.


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May 23, 2021, 10:30:45 PM
 #66

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

I agree with you, because the price of Bitcoin and Ethereum will continue to increase very high, so it will definitely give us a big profits in the future, therefore I think Bitcoin and Ethereum are the right choice for long-term investment, because you will not be disappointed investing in Bitcoin and Ethereum for the long term (you will definitely get a big profit).

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May 23, 2021, 10:42:12 PM
 #67



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?

My perspective is one, how can you hold altcoins for five years without (At least) 4 years experience! We know that the top altcoins list can always be changed, but this time the top 3 are fixed. This time the Binance coin fixed third place. This I can tell you because I have a good time experience. You must be active without the top altcoins. During the proper time, you can change your altcoins. Now is the perfect time to invest, if anyone likes short time investment.

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May 23, 2021, 10:49:20 PM
 #68



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?

 

Even though I bought a lot of alts most of them are long time established projects, so it's time to wait and see when they start rising again.

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May 24, 2021, 11:39:20 AM
 #69

In my opinion, if you can hold your coin for five years is a good thing because you can control yourself for not selling it in a good price but if you are losing hope just because the market is in bearish, that is not a good thing. Just keep holding it just like before and wait for the bullish market to come, that way I am sure that imagination of yours will become reality.

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May 24, 2021, 12:08:54 PM
 #70

In my opinion, if you can hold your coin for five years is a good thing because you can control yourself for not selling it in a good price but if you are losing hope just because the market is in bearish, that is not a good thing. Just keep holding it just like before and wait for the bullish market to come, that way I am sure that imagination of yours will become reality.
Holding a coin for five years is certainly not an easy thing because I think it takes patience,
but come back again if you can keep holding for five years of course there is nothing wrong with doing that,
what is clear it all depends on the decisions of each

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May 24, 2021, 12:54:23 PM
 #71

Its not like that one will not touch its coins for 5 years if one has a plan to hold them for 5 years. Certainly one should always follow the development of the coin that he/she holds so that he will always know the progress of the coin. Not only Top 5 coins there might be some new project coins as well can also perform well. Strategies and planning change according to the market condition and one's liability.

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May 24, 2021, 01:35:00 PM
 #72

It's not an imagination as there are investors who have successfully held that long, and they are enjoying their fortune now.

Being a holder, it's not necessary that you will hold forever, you can sell some when you see a good price as that's a way to reward yourself, however, if you are really strict with following your strategy, you can always hold and wait for 5 years, but still, the price that time matters as crypto's volatility will remain.

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May 24, 2021, 01:41:23 PM
 #73

during that time I am not sure the assets we choose will be at the right moment.
predicting a feasible project in the market as long as it is possible to develop it can do it. but to predict good market conditions I'm not sure it can be done by everyone.
for the long term, in my opinion, the ideal one with a good asset is 2-3 years. find good momentum when ATH is reached and sell immediately, don't be too greedy.
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May 24, 2021, 01:52:47 PM
 #74

For some people it is an imagination. Myself kept hold for about 3 years and sold during the previous bear market due to unavoidable situation. My plan was to make use after five years unlike the market situation. Right now one of my friend have begun his investment into cryptocurrency. He has planned for long term profiting, in simple terms he has started to invest little amount periodically on different altcoins. He has decided to make use of the investment by 2026.

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May 24, 2021, 01:53:09 PM
 #75

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.
Its been proven that not all altcoins are capable of enduring the dips, some once go down weren't able to go up again like what happens in many ICO projects before who turns out doing exit scam. Better watch out for all the coins your holding or move into safer and trusted coins that endure already many dumps but able to cope up after.

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May 24, 2021, 02:17:30 PM
 #76

I purchased by first Bitcoin 9 years ago. I sold some of those coins during the last 3-4 years, but the majority of the original coins are still there in my wallet. And I would say this with 100% certainty - if you hold your coins for 5 years minimum, then there is no chance that you will end up with a loss (irrespective of the purchase price). Forget about selling at spikes and buying at dips, because it is easier to say but never practical.

My advice is this - just purchase your coins and keep them in cold storage. And then forget about them for the next 5 years. When you login to your wallet after 5 years, you will be surprised at how much the coins have appreciated (in terms of fiat currency). And the most important thing - don't check the exchange rates every 5 minutes. It will only make you nervous and vulnerable to panic selling.
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May 24, 2021, 03:25:18 PM
 #77

I purchased by first Bitcoin 9 years ago. I sold some of those coins during the last 3-4 years, but the majority of the original coins are still there in my wallet. And I would say this with 100% certainty - if you hold your coins for 5 years minimum, then there is no chance that you will end up with a loss (irrespective of the purchase price). Forget about selling at spikes and buying at dips, because it is easier to say but never practical.

My advice is this - just purchase your coins and keep them in cold storage. And then forget about them for the next 5 years. When you login to your wallet after 5 years, you will be surprised at how much the coins have appreciated (in terms of fiat currency). And the most important thing - don't check the exchange rates every 5 minutes. It will only make you nervous and vulnerable to panic selling.

yes i agree with you half. if you hodle a non performing or abondend project who knows. so btc and eth is ok but others we can not sure 100%

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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May 24, 2021, 07:18:55 PM
 #78

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.ng
Its been proven that not all altcoins are capable of enduring the dips, some once go down weren't able to go up again like what happens in many ICO projects before who turns out doing exit scam. Better watch out for all the coins your holding or move into safer and trusted coins that endure already many dumps but able to cope up after.
If you want to hold coins for 4-5 years long, altcoins are very risky to keep. Because they can drop down easily even when you least expect it. Yes, if that so, you can try shifting your coins and convert into bitcoin. This time, you will feel more confident to hold even more than 5 years i think. Because bitcoin no matter how often or long the dump season will be, it will always find way to recover and the best part is it's bount to set for its new ATH after it recovers.


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May 24, 2021, 07:36:50 PM
 #79

If you want to hold coins for 4-5 years long, altcoins are very risky to keep. Because they can drop down easily even when you least expect it. Yes, if that so, you can try shifting your coins and convert into bitcoin. This time, you will feel more confident to hold even more than 5 years i think. Because bitcoin no matter how often or long the dump season will be, it will always find way to recover and the best part is it's bount to set for its new ATH after it recovers.



True that, but sometimes alts can really, really surprise you. I bought some BNB when it just came out (I think I got a few as an airdrop too), and that was a very pleasant surprise. Same with few tokens I've decided to keep since ICO hype. Of course majority just went to hell but the remaining ones covered the rest and brought nice profits.

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May 24, 2021, 08:29:31 PM
 #80

My advice is this - just purchase your coins and keep them in cold storage. And then forget about them for the next 5 years. When you login to your wallet after 5 years, you will be surprised at how much the coins have appreciated (in terms of fiat currency). And the most important thing - don't check the exchange rates every 5 minutes. It will only make you nervous and vulnerable to panic selling.
This advice is one that many new people that are yet not sure what they are doing SHOULD take up on. You can't get into trouble if you buy in one of these dips like we had a few days ago and hold for a few years.

Even if this is the only investment you do, it will give you a better return than any other regular stock market investment can ever get you within the same amount of time.

Invest wisely and be patient.
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