Holding 5 years a just a imagination

[South Park]

And that is what makes holding for so long so difficult if you are investing in one of those new coins, the market moves extremely fast if the developers are not able to keep up then a coin that once was considered to be the very best and at the edge of the technology suddenly is completely outdated, which is why the developers are so important when it comes to the long term value of a coin, because if they are not dedicated and take too long to update the code then the value of the coin will most likely plummet at some point.

It is true that if the team is slow in the development, people will move on as there are other interesting projects that could come up with updates and pump the market. I know many projects in the past failed to gain attention after the initial hype because they were really slow in coming up with updates and development and eventually people will move on to other investment opportunities.

Which is completely natural, I mean that are many coins released each day and we know that as soon as any new project that has a chance of becoming successful appears many clones are created almost immediately with similar names, at that point it is a race and the developers that are the most dedicated will win over the long term, so if the team of the first coin that created a new concept is too slow to update their coin then someone else will take the lead and will probably never release it as they become more popular than the original coin.

[wahyu wida]

this depends on which coin or altcoin we will choose to invest. maybe certain unpopular altcoins will pump in that time, but those new altcoins can also crumble to ashes. but for me long term, I prefer long term safe altcoins like eth and bnb. choosing a new altcoin for the long term I think is like gambling, if we research it wrong

[7deadlyBTCIN]

Holding coins for years to come is still a gamble that's why I recommend top 5 altcoins for long term hold and also it's a bad idea to hold a coin for that long instead of building a portfolio instead, this will crate more chances of success than holding a coin

[$anounimus$]

Holding coins for years to come is still a gamble that's why I recommend top 5 altcoins for long term hold and also it's a bad idea to hold a coin for that long instead of building a portfolio instead, this will crate more chances of success than holding a coin

Yes, in general it is still better to hold five good coins than just one coin because with five coins we hold, we can expect a little more profit for the future if market conditions can improve and allow for hope.

[sherenikaw]

actually, it depends on what coin is held, if indeed the coin has good prospects then it will be profitable. otherwise, if it has bad prospects then it will not mean anything. I think that keeping coins for 5 years is long enough and for coins, the prospects for coins must be seen whether they are good or not. It's hard to accept the fact that I've been holding an old coin and it hasn't paid off because I feel that way too and it's stressing me out a bit. but it doesn't need to be thought too far and at this time you have to focus more on good coins and follow legit projects so that the results are also good.

[indrakusumaindra]

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?

 

Well its true some are not perfoming well but i do hold since 2018. You can search UBT which a good project from germany. They got a lot of customer this year and the price doing quiet well IMO. i do think holding coin still the best way for me in crypto world. Trading not for me cause its full of emotions and make you hard to sleep.

[BETTY B]

Our purpose to  purchase cryptocurrency is to make profit. Five years is a long time. For general encryption projects, there may not necessarily be good returns. For Bitcoin, I can consider a cycle of 5 years or even 10 years.

[KaliLinux]

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?

 

That id the thing. It doesn't necessarily mean that just because people suggest to HODL means you should hold on to every and any coin/token. Most of the top coins/tokens we knew from back in 2017/18 are not the ones in the top 10/20 now so what happens if someone was still holding on to those and they couldn't recover from that bear market as expected? I believe that I will only continue to HODL on Bitcoin and Ethereum for longer periods really while for other coins/token I can buy back when the next circle starts if I want to invest in any. HODLing is not for every coin/token.

[Rampagoe004]

Only some investors can hold the coin for many years, but when the results they get can be satisfactory then it is a very good principle because it has a high level of patience in investing, but storing potential coins for a long time I think it does not hurt because if there is an increase in the price then the profit earned is very large.

[BigBos]

this depends on which coin or altcoin we will choose to invest. maybe certain unpopular altcoins will pump in that time, but those new altcoins can also crumble to ashes. but for me long term, I prefer long term safe altcoins like eth and bnb. choosing a new altcoin for the long term I think is like gambling, if we research it wrong

well, in this case, NEM is also a good coin, it's just not the right coin. if you plan to hold on for a long time, choose a coin with a pretty promising prospect for the future, for example like BNB, or ethereum.

[Vishnu.Reang]

For a moment, let's ignore the case with the smaller coins and concentrate on the established coins. For these coins - BTC, ETH, BNB, ADA, LTC, BCH, XRP.etc, the current prices are higher than what we had at any point before 2021 (2020 and earlier). I first got my BTC on January 2017, and it has been almost 5 years now. The current prices represent a 40x increase from my purchasing price. If I had invested in any of the alts (ETH or ADA), then the returns would have been even higher (215x for Ethereum).

[bitzizzix]

Only some investors can hold the coin for many years, but when the results they get can be satisfactory then it is a very good principle because it has a high level of patience in investing, but storing potential coins for a long time I think it does not hurt because if there is an increase in the price then the profit earned is very large.

I think everyone can do it no matter big or small investor and long term is the best investment and the result will not disappoint especially choose bitcoin and choose some of the top and oldest altcoins which are definitely profitable in the long run.
if you think long term is too long preferably use two methods i mean you can pick some potentially profitable altcoins around a few months or a year and still do a good analysis, and you can also choose bitcoin or any altcoin you think give good yields or good returns in the long run and don't put your eggs in one basket and do those two methods, like me.

[Malam90]

If you hold top and good coins which has solid foundation like-DOT, LINK, BNB, ADA, SOL, MATIC will be gainer in the long run. I am also holding few top coins for considering long term investment. I believe top coins have future but we have to avoid holding shitcoins because it has no future. I have lost huge capital in shitcoins when i entered into crypto as a new but i am now investing only top and solid projects although solid projects give less profits than shitcoins in shot term.

[santiPOGI]

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 it happened when BSC began to rise in the market in my own opinion. Aside from that there are also a lot of new altcoins arise
here in crypto space in which is obviously better than the old coins where before it was listed as top and now its no longer at top just like
what you had stated in the above(NEM). So holding coins for 5 years its too long I think 2 to 3 years is enough for holding in the long term.

[Mihawk]

Well, I think keeping the coins for 5 years is kind of a signature to the loss. Except BTC, all other cryptocurrencies need to be updating and adapting people so that the prices up front justify something. For example, 5 years from now the BTC is the only certainty I have at the moment that it will be firm and strong. I can't explain it, but there is something related to BTC that few people know about that allows it to be the 1st in cryptocurrencie with few objective things. There are certainly faster, scalable, anonymous and even safer coins than BTC, however it hasn't threatened its 1st place yet. In resume, holding anything other than BTC for 5 years is totally risky.

[newdevices]

this depends on which coin or altcoin we will choose to invest. maybe certain unpopular altcoins will pump in that time, but those new altcoins can also crumble to ashes. but for me long term, I prefer long term safe altcoins like eth and bnb. choosing a new altcoin for the long term I think is like gambling, if we research it wrong

well, in this case, NEM is also a good coin, it's just not the right coin. if you plan to hold on for a long time, choose a coin with a pretty promising prospect for the future, for example like BNB, or ethereum.

When it comes to BNB and Ethereum I think there's no need to doubt it,
both coins are top coins and the future is indeed promising as you said,
other than that to hold it for a long time choosing coins like Bitcoin, Ethereum and BNB is very appropriate

[TWW]

Yeah, before you buy a coin make sure that you have researched it and make sure that it is good for a long term investment, buying without researching is such a dumb thing to do, dont put your money at risk without even researching because you will lose it right away, hodl for a long term in good crypto coins with the use case.

everyone must research before buying crypto assets, especially for long-term investments. Of course, without taking a bigger risk, we must choose top market assets. because of the period of 5 years, we will not know how the market conditions for that long time.
only projects with good planning and market power we can be sure will last that long. BTC, BNB, and ETH I think will be good choices for the long term.

[sarmrakib]

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?

Holding is always a good idea and if you become patient for long term you will get a good return for sure .I think it will always good to invest on top 54 coin as you mentioned it could easily give you a good return for sure .I think you have made few losses on NEM but you will not have any losses if you invest on Eth ,ADA ,Ltc .Try to choose the best coin always it is easy way to earn .

[RokokGudangGaram]

I am one of those believers that holding will surely take you to reaping what you sow, if done right of course. Holding and practicing holding on with one’s patience is a challenging task in the course of waiting within five years. But the most crucial point of holding, is the decision to be made on what coin will be held. Holding will only be just fruitful if the right coin was researched on and picked in the first place.

[Fredomago]

Yeah, before you buy a coin make sure that you have researched it and make sure that it is good for a long term investment, buying without researching is such a dumb thing to do, dont put your money at risk without even researching because you will lose it right away, hodl for a long term in good crypto coins with the use case.

everyone must research before buying crypto assets, especially for long-term investments. Of course, without taking a bigger risk, we must choose top market assets. because of the period of 5 years, we will not know how the market conditions for that long time.
only projects with good planning and market power we can be sure will last that long. BTC, BNB, and ETH I think will be good choices for the long term.

Doing it the right way, by researching and studying how the assets will work with your target time frame. It helps a lot to manage holding your coin, knowing that even it will take that long the progress will continue,

It's between your trust and how you really understand the project and what are the usages that offers to adds up to the success of this industry.

Placing your money where your knowledge really good at, that will lead you to pick the right project to invest and hold for tha long term -target.