Holding 5 years a just a imagination

[South Park]

It's very easy to talk. but if we talk about 5 years, 5 years is a very long time. When we decide to hold the coin in the long term we must have been very confident in all aspects of the project. if the price goes down, it is a risk that we must accept.

The problem is not really the time but what happens during those five years, I have no doubt that someone willing to hold bitcoin for that long will obtain profits no matter what even if they bought at the ATH, but the issue is that we know that the price can go down dramatically during that time and you could face losses for years and very few are going to have the patience and the guts to hold for that long under those circumstances, so if you can you need to enter at a bottom to make it easier for you to hold for that long.

[sapnu]

5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.

[Asuspawer09]

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?

 

True, holding cryptocurrency for 5 years is really not that easy especially for someone that is really into cryptocurrency or a daily trader, A lot of cryptocurrency or token in the market will have a lot of movement in the past 5 years if you continue to hold and some of the tokens could be worth investing and some are just not worth it to continue.

But when it comes to holding long term I guess it's obvious that it is always bitcoin and Ethereum, they just the cryptocurrency that is ideal to hold for long term and earn a high amount of profit after 5 years, other cryptocurrency could just end up losing money.

For me it just depends on your strategy plan in your investment how are you going to handle the dumps or taking the profit, short term or long term? I mean even holding bitcoin for years is not that easy.

[jostorres]

holding cryptocurrency for 5 years is really not that easy especially for someone that is really into cryptocurrency or a daily trader, A lot of cryptocurrency or token in the market will have a lot of movement in the past 5 years if you continue to hold and some of the tokens could be worth investing and some are just not worth it to continue.

But when it comes to holding long term I guess it's obvious that it is always bitcoin and Ethereum, they just the cryptocurrency that is ideal to hold for long term and earn a high amount of profit after 5 years, other cryptocurrency could just end up losing money.

For me it just depends on your strategy plan in your investment how are you going to handle the dumps or taking the profit, short term or long term? I mean even holding bitcoin for years is not that easy.

I disagree that holding is a very difficult thing, people think that holding during all these periods, holding during 2018 crash, holding during this crash, holding if there is even a bigger crash, all are said to be very hard. Not for me, you know why? Because holding actually means "doing nothing", think about it when you absolutely nothing at all, you are actually holding, if you bought and then just went about your day and do nothing about crypto that means you are holding and that is not difficult at all.

In fact selling is doing something and that is harder, you make a decision on selling or not and decide to go with selling, which is an act so you do something, which is evidently harder than doing nothing because there is nothing hard about doing nothing. So all those people who think holding is hard are people who are just too afraid to do nothing.

[South Park]

5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.

Holding for five years is an investment, maybe you meant trading during those five years and while it is true that trading can be more profitable than trading we need to ask ourselves how many people actually can make money while they trade? And we know that number to be incredibly low so this is not something I would recommend, and finally when it comes to mining the costs will keep a lot of people away as you need a high starting capital and you also need expertise on the topic and cheap electricity.

[bekti3]

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.

hodl is in accordance with belief, by looking at what coins are good, one of them is by research and looking at it from another perspective.
it's true like that because not all coins in alt are good and we have to be really observant in choosing if we want to hold it for a long time. and i think you're pretty good at mentioning eth and btc because these are great to hodl for a long time

[Fredomago]

5 years could make a huge difference when it comes to crypto but the point is, maybe you could have earned much more if you spent your time investing and mining during that time. That 5 years is a risk since you cannot be certain that the coin you invested in will have its price increased much. Think about it first and analyze the prize movement and the pattern so that if ever you decided to risk a 5 year hold, it will be worth it and you will profit from it a lot. Make sure that you've done a lot of research before risking and always be certain that you can outsmart crypto's movements.

Holding for five years is an investment, maybe you meant trading during those five years and while it is true that trading can be more profitable than trading we need to ask ourselves how many people actually can make money while they trade? And we know that number to be incredibly low so this is not something I would recommend, and finally when it comes to mining the costs will keep a lot of people away as you need a high starting capital and you also need expertise on the topic and cheap electricity.

You need to consider it all before making decision, but with good efforts in finding all the information it's very possible that you'll come into a decision that will probably profitable base from your observation.

The more you dig in the more you see what's best for you, in that span of time there are many things that may happened, you can't control but you can expect base from your research.

The beauty of this industry, it's still young and it's still on progressive status, long-term view, this business can bring good profits.

[Argoo]

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?

 

Cryptocurrency is developing very quickly and therefore its long-term storage always requires at least periodic control over the state of the market and cryptocurrencies that are in our wallets. In five years, almost any top cryptocurrency can fall in popularity. It can be stated that we are going to keep certain types of coins or tokens for many years, but this does not mean at all that we cannot change our mind at any time based on a specific market situation. This is quite realistic and logical.

[irsykes]

Agree with imagination, both good or dead coin i think will really need a guy with a strong belief and maybe rich to hold a lot of coins. Because from what i see, when bitcoin price pumped and followed by some altcoins, people will feel very happy and sell their coins immediately. Honestly maybe not all, but like me for example, i already happy although ETH reach $400 and sell some of my coins before first big pump.

[angrynerd88]

Either you win or loose,It all depends upon your coin selection.If your portfolio consists of worthy coins having physically global business and professional team and vision to expand then you are more suitable than who have shit coins and expect to be rich.Indeed in case we need to hold a coin for a long time we ought to keep upgraded with the news of the coin that we hold, we cannot fair take off it absent without seeing any upgrades approximately the news, ventures or any data around the coin. We ought to select a solid principal coin in the event that we arranged to hold a coin for long run.

[fara_buduk]

some of the best crypto assets that can be considered for long-term investment are only bitcoin, etherium, letcoin and BNB because I have done this and holders are always fun and for other tokens there may be some that are promising while most of the others are just big gaps the downside, long-term investment risk is the necessity of life that requires having to sell some of our assets at the existing price

[Hannahanto]

Hodle hodle!!!
Holding is one of the best way to adopt a coin but very difficult I'll say. To hold is not just simple by saying it but by practicing.
If a coin is to be held for 5 years I bet the profit would be massive in return in respective of the project. If it's a good and promising project the outcome would be very great. Just imagine people that held ETH for past 5years till date, massive return of profit. But hard to hold cause you'll be tempted somehow to sell but if you already have some funds that can sustain you I see no stress for holding.

[Twinkledoe]

some of the best crypto assets that can be considered for long-term investment are only bitcoin, etherium, letcoin and BNB because I have done this and holders are always fun and for other tokens there may be some that are promising while most of the others are just big gaps the downside, long-term investment risk is the necessity of life that requires having to sell some of our assets at the existing price

Only few of them are worth holding long term. Because most of them will just go down the drain. BTC and ETH seem to fall in that category. But you should always keep up with the market, because one big news, and the route of the coin may change forever. Not many people can afford to hold long term, let alone 5 years. Those are crypto users that can afford to bear whatever is happening to the market and believe that their coins are worth holding for years. And they can very well afford to lose in case.

[southerngentuk]

Hodle hodle!!!
Holding is one of the best way to adopt a coin but very difficult I'll say. To hold is not just simple by saying it but by practicing.
If a coin is to be held for 5 years I bet the profit would be massive in return in respective of the project. If it's a good and promising project the outcome would be very great. Just imagine people that held ETH for past 5years till date, massive return of profit. But hard to hold cause you'll be tempted somehow to sell but if you already have some funds that can sustain you I see no stress for holding.

I think keeping something for a long or short term should be planned in advance. Currently, the market situation seems to be in a very difficult period to predict, but it will be an opportunity if we put our faith and learn many other things for this market.

[cabron]

There are coins that somehow going to be worth holding but you should have figured to dump tokens when it didn't pump this year because it really just need a bit of a miracle to make it. Developers could choose NEM to develop in their platform but then they choose ETH. Less developers going into it, then it's not a very attractive platform, and its economy will struggle. 5 years is too long for not seeing the improvement of the platform's economy. NEM had been around before WAVES.

[Koro-Sensei]

It is historically proven that prices are going up by just holding. Take a look at BTC and other coins out there with real life usage. Its all up to us how to spot good coins and reject investing to shit coins which is hyped up by some individuals who like to manipulate markets. DYOR and if for you it could do something great in the future, holding it for 5 years is not just an imagination but a good decision.

[shadow123]

My idea is if we hold some coins it should be linked with a good project. Unless it will be useless keep holding for 5 years. If you have no time to analyze what are the  good projects just try to keep holding around first 10 coins on the coinmarketcap. As example if someone hold 1 Eth since 2018 to 2021 it can be got more than 3000$. So the conclusion is you need to invest in a good coin. 

[TastyChillySauce00]

that's exactly why if you want to make a long term holding you better choose an underrated coin that have potential to become popular in the future. if you're just holding a coin that's already among the top #5 but have quite poor potential then it's the same as losing money.
Of course to judge which of coin have a high potential isn't an easy feat but usually if you invested in a coin at early phase with cheaper price its gonna increase the chance of making you profit in the future.

[leea-1334]

My idea is if we hold some coins it should be linked with a good project. Unless it will be useless keep holding for 5 years. If you have no time to analyze what are the  good projects just try to keep holding around first 10 coins on the coinmarketcap. As example if someone hold 1 Eth since 2018 to 2021 it can be got more than 3000$. So the conclusion is you need to invest in a good coin. 

Unfortunately if people are waiting for profits then it is market price of the token that they care about,,, and we all know in crypto good projects hardly and rarely translate into token price. At least,,, not for the few years when starting out (look at BNB).

And worse, many good projects end up just ignoring the token eventually. Great products but no adoption:)

[Renampun]

...
 

you can't just hold any coins in the long term, choose the ones that have long-term potential...

if you hold Bitcoin, ethereum, ADA or polygon maybe you have the opportunity to earn many times over in the next 5 years. In the crypto market, there are many potential Altcoins that you can make long-term investments, so don't choose NEM.