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Author Topic: Holding 5 years a just a imagination  (Read 3398 times)
udayantha11 (OP)
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May 22, 2021, 07:47:50 AM
 #1



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?

 

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-2023 would most likely be as bearish as 2022-
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May 22, 2021, 07:53:31 AM
 #2

There are some people who can hold their coins for 5 years, yes that is really hard but it is still possible. One thing that makes to hold for a long term is that being impatience, hyped. There are times that when the coins that we are investing got hyped then we will go sell it, there is no wrong for this thing if you are talking about investing in a meme coin that just got high because of the hyped. When talking about investing for a long term, like investing bitcoin then it is really hard for us to do because there are times that bad things may happen to us and we don't have any choice but to pull out our investment.

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May 22, 2021, 07:58:10 AM
 #3

Separating the wheat from the chaff is extremely hard in these altcoin spaces. It might be beneficial for you if you have a basic programming/technologies and cryptography knowledge in general. It will give you an advantage to know which project that lies their foundation to strive for the future instead of copy-pasting what been already made.
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May 22, 2021, 08:14:09 AM
 #4

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
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May 22, 2021, 08:27:09 AM
 #5

It would take a great deal of discipline to hold a coin for 5 years, especially where you see the value getting higher. I guess the reasons why anyone may have held Nem for such a duration is simply because there's really nothing spectacular going on with the project and no increase in value. Its always more satisfying to sell your coin at a higher value
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May 22, 2021, 08:37:23 AM
 #6

Holding Eth will be the best thing and favorable as a long term investment.
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May 22, 2021, 08:44:04 AM
 #7

We all know that if you want to hold the coin you must have a good knowledge of his coin. So first gain knowledge about the coin then hold and if you hold without gaining knowledge you will eat a lot of big losses.
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May 22, 2021, 08:51:32 AM
 #8



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?

 

5 years might be a bit too long, but I try and hold my coins for 2-5 years. There are examples where holding wasn't a good idea and then there are examples where it made sense. For example doge coin or ether. What if we sold our coins last year? We would have missed out on so many profits. As long as there are no bad news coming out for the Coin I would just hold it.
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May 22, 2021, 08:56:21 AM
 #9



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 is still worth to hodl for 5 years, you can see it in their milestones. The top 5 coins maybe will not perform more aths but it will still be in the top rank as long as the developments nicely executed.
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May 22, 2021, 09:09:14 AM
 #10



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 don't have to buy the trend coin but the one you think is promising, the one that influencers don't tell you then you will have an advantage and over time it can shine ... do your research.
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May 22, 2021, 09:22:38 AM
 #11

Holding Eth will be the best thing and favorable as a long term investment.
Yes, and it has been proven long ago, it's different from NEM tokens whose platform is not much interested so there won't be much change even though it's stored for a long time.



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May 22, 2021, 09:26:37 AM
 #12

Even if we want to hold a coin for a long time we have to keep updated with the news of the coin that we hold, we cannot just leave it away without seeing any updates about the news, projects or any information about the coin. We have to choose a strong fundamental coin if we planned to hold a coin for a long time.

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May 22, 2021, 09:29:02 AM
 #13

We can hold Bitcoin for such time period. But when it comes to the altcoins in the market, there are not many altcoins which assure people about it. Maybe altcoins like ETH and BNB can be tried for a long-term investment.

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May 22, 2021, 09:34:46 AM
 #14

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.
That's basically possible cause you're making reference to NEM coin which is an altcoin, tbh, not many people consider altcoins to be sustainable in the long term, and that's cause quite a lot of them are more or less pump and dump coins, thus if it's such coins you're talking about, then hodling onto them for too long could be counterproductive.

Having said that, if you want to be a long term holder, coins like NEM coin should not make up your portfolio, but Bitcoin and prolly ethereum if you want the inclusion of alts.

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May 22, 2021, 09:42:40 AM
 #15



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're not to be doing that unless if you are sure that project will shoot like a moon. Because as we are in a volatile market, everything seems to be unpredictable and you can't also tell that in the next 4-5 years holding you will be in profit.
Either you believe me or not, that is actually the whole picture of this crypto market. Maybe you will just set it until the market turns to bullish again and take such an opportunity rather than to think about more.

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May 22, 2021, 09:45:34 AM
 #16

We all know that if you want to hold the coin you must have a good knowledge of his coin. So first gain knowledge about the coin then hold and if you hold without gaining knowledge you will eat a lot of big losses.
That is clear, but what is being held must be really clear in terms of the community, volume, and market power through the large number of requests, because without it all, whatever the coin will also be bad, because the day the cryptocurrency competition will be more and more.

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May 22, 2021, 09:46:42 AM
 #17

Of course we don't know which coin or token could triumph on the following years. Especially there are lots of improvement on different innovation being introduced. Tech being upgraded and some adoption are being seen. It's just that some are aggressively moving fast like polkadot, sushiswap, binance, avalanche and some of those new projects. It's normal actually, some being overtaken is just means of upgrade and degrade.

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May 22, 2021, 09:50:00 AM
 #18



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?

 

Don't look at the coin position on marketcap ranking because there's always a new coin that will appear and beat them even though there price is still the same. AFAIK, Nem already reach again there USD ATH last 2017. Holding a coin for 5 years depends on the coin itself you will hold. Most of the project has road map so you can use that for consideration when holding long term of a coin.

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May 22, 2021, 09:52:52 AM
 #19

Everything can happen as for altcoins. Like you said, we saw many altcoins which were destroyed after some time. And we will continue to see this as most of the altcoins in the market are no more than just a shitcoin. I see really a few altcoins to think of HODLing.

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May 22, 2021, 10:13:12 AM
 #20

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.


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