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Author Topic: Holding 5 years a just a imagination  (Read 3404 times)
iTradeChips
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September 15, 2021, 11:54:54 PM
 #301

It is much better if you look at a different angle whenever you checkout a cryptocurrency and see how viable it is to be stored for a long time. If you just rely on the market cap and the rank number on some popular ranking site then you are not researching it the right way. You have to check the holders, the community, the team of developers, and also different aspects of the project. But also you might want to consider investing in the gold and silver of crypto - Bitcoin and Ethereum.

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September 16, 2021, 02:31:32 AM
 #302

Choosing to hold for 5 years is a very long time. For long-term investment, you must first study the market before investing and choose cryptocurrencies with a long development time and strong technical support, such as Bitcoin and Ethereum. Altcoins are more risky and have imperfect technology. Don't choose altcoins for long-term investment. Research and choose the currency to invest in and invest at the right time. Long-term holding will make high profits when the price rises.
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September 16, 2021, 02:59:22 AM
 #303

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.

I think experience is the main thing here and history will continue to repeat itself with a note that every project that survives will definitely follow developments at that time and not focus on the same thing. that's why some of the projects that were above were replaced with new projects because they didn't see developments or trends at that time.
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September 16, 2021, 03:31:02 AM
 #304

if it is for the very long term why don't you just hold the core btc and eth coins instead. I think it's the safest choice for the long term right now, eth is called the originator of smart contracts, and btc is the parent of all cryptos.

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vv181
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September 16, 2021, 04:01:07 AM
 #305

~snip~
I think experience is the main thing here and history will continue to repeat itself with a note that every project that survives will definitely follow developments at that time and not focus on the same thing. that's why some of the projects that were above were replaced with new projects because they didn't see developments or trends at that time.
My point is to only choose cryptocurrencies that offer unique technologies or have a strong fundamental, not just some copy-pasta altcoins. If we do acknowledge such things it is surely that cryptocurrency has the potency in the long term. Offering technologies based on the demand of the market is surely what sounds comprehensible, but that should be based on the fundamentals, I mean like the technologies itself must maintain and preserve the decentralization.
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September 16, 2021, 05:07:59 AM
 #306

It all depends on the capability and potential of the coin but as for me, 5 years is beyond the average time of waiting. If you're holding a good coin then I must say that 5 years wouldn't be a waste. You only have to keep a positive mindset and patience upon waiting.
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September 16, 2021, 05:21:26 AM
 #307

What is the significance of NEM? Keep BTC or ETH to watch the results in the next 5 to 10 years; usually rarely fail. The royal couple of crypto are the greatest assets to keep for many generations to follow; almost every coin may probably lose its place.
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September 17, 2021, 06:27:27 AM
 #308

You are right that the top of currencies is updated all the time: some years ago I saw that Ripple, Ethereum classic, Litecoin and maybe Bitcoin Gold were in top, but now they are replaced by BNB and Solana, so we can’t rely even on those coin that are popular at this moment.

What I can say for sure is that Bitcoin and Ethereum are always number one and two respectively, so we can invest in them for the long-term as well.
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September 17, 2021, 06:45:01 AM
 #309

As far as I know the NEM coin is in level 4, which is a good investment level for the coming year, and here's a list of Cryptocurrencies Eligible for Investment in 2021
2.1 #1 Bitcoin (BTC)
2.2 #2 Ethereum (ETH)
2.3 #3 Litecoins (LTC)
2.4 #4 NEM
2.5 #5 Basic Attention Token (BAT)
2.6 #6 Binance Coin (BNB)
2.7 #7 VidyCoin
2.8 #8 NEO
2.9 #9 EOS
2.10 #10 Tron (TRX)
2.11 #11 Cardano
2.12 #12 Dogecoin
2.13 #13 Ripple
2.14 #14 Uniswap
2.15 #15 Bitcoin Cash
  and the kion coins above have been included in the best analysis by Cryptocurrency experts that have existed in recent years and even some of the coins above have been proven to reach investment targets that are proven to be good
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September 17, 2021, 06:53:57 AM
 #310

-
for this year indeed most of the altcoins showed very good performance in the market. including the assets you mentioned.
choosing them will not go wrong, because the project is already underway and the market is already strong.
but in long-term planning, we will not know the state of the asset in the market. because market trends move dynamically and constantly change. We can't think 5 years in the future, we will be in the same trend as this year which is full of pump rallies.

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September 17, 2021, 07:49:55 AM
 #311

Do some research on top altcoins value 5 years back and use that to judge what their values are today? Saying holding is a imagination is wrong, even those who buy coins in 2020 pandemic period ( A year ago ) are glad they did because they did so well, the truth is you have no problem if you hold the right coins and tokens

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September 17, 2021, 11:16:37 AM
 #312

All I can finally say about this discussion that has long since been bugging all of cryptoland, the question whether if it is ok or totally fine to HODL. 5 years and more is already considered HODL for me and many have already expressed their approval about such holding of assets would be beneficial in the long run - provided you are investing in the right coin. Bitcoin and Ethereum for me are the top picks for holding for 5 years. Accumulate assets for 5 years and then see how it increases in time.

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September 17, 2021, 11:20:09 AM
 #313

Do some research on top altcoins value 5 years back and use that to judge what their values are today? Saying holding is a imagination is wrong, even those who buy coins in 2020 pandemic period ( A year ago ) are glad they did because they did so well, the truth is you have no problem if you hold the right coins and tokens
Holding 5years is a win wn situation,it test your patience as well it makes you earn but will atill depend on what coins we have, we can track ICOs or coins tgat are listed 5years ago that may not be around anymore so if we plan to hold we must still be updated on the happenings of that coin, we must know if there are changes plan or improvements to make to keep their coin last for more than 5years.



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September 17, 2021, 01:58:50 PM
 #314

Do some research on top altcoins value 5 years back and use that to judge what their values are today? Saying holding is a imagination is wrong, even those who buy coins in 2020 pandemic period ( A year ago ) are glad they did because they did so well, the truth is you have no problem if you hold the right coins and tokens
Holding 5years is a win wn situation,it test your patience as well it makes you earn but will atill depend on what coins we have, we can track ICOs or coins tgat are listed 5years ago that may not be around anymore so if we plan to hold we must still be updated on the happenings of that coin, we must know if there are changes plan or improvements to make to keep their coin last for more than 5years.
holding back 5 years for a new project is too risky. we probably won't see it on the market in 5 years. we can see so many altcoins having such cases. only survive in 2-3 years of initial development they then disappear.
for the long term, why not choose a popular asset that has been proven to last in the market for a long time? I think it will further minimize the risk of losing the value of our investment.

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September 17, 2021, 02:34:03 PM
 #315

Holding eth for 5 years at current prices I think it still makes sense because it has more interesting potential and uses than other Altcoins. ETH has a confident platform and ecosystem for the next 5 years. I'm surely,, especially ETH will update to ETH 2.0 also known as Serenity but before invest your money for a long time you must prepare for the worst scenario in the future

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September 17, 2021, 02:41:47 PM
 #316

For me, it is not a dream to hold my coins for a time period like 5 years. I prefer to hold Bitcoin and some top altcoins for a long time period. Because I believe that it is much more logical to make a lot of profit. Patience is the most important thing for the investors. Especially if you are a HODLer, you should already have no problem with waiting for a long time.

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September 17, 2021, 03:24:50 PM
 #317



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?

 
when we are going to do a long term holding say 5 years maybe we should really think about what coin is the best. because the position of the coin will be shifted every year with the latest new coins and have a good market community. so analysis is better before doing long term holding

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September 17, 2021, 05:01:14 PM
 #318

One thing that makes to hold for a long haul is that being restlessness, advertised. There are times that when the coins that we are contributing got advertised then we will go sell it, there is no off-base for this thing in case you are looking at putting resources into an image coin that just got high due to the advertised. It very well may be valuable for you on the off chance that you have an essential programming/innovations and cryptography information overall.


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September 17, 2021, 05:07:21 PM
 #319

Cryptocurrency holders are always benefiting. Long-term holders are the most profited. If you can invest in some good project for the long time, maybe some of these investments can change your life. You can become much richer. Holders of the long run wins all the time
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September 17, 2021, 05:17:20 PM
 #320

My opinion about holding for long term is to make sure you are holding coin that will not disappear or be abandoned.  The question now is how to know which coin will continue to exist beyond five years?  Nobody knows.  The simple solution here is to hold bitcoin  if you are going to hold for long term!  Holding however could be very profitable,  provided a good coin is held!

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