How to hold in peace

[WellRozey]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

For you to avoid getting worries about your bought coins better delete all the price tracker you have, stop visiting cmc to check the price regularly and create separate wallet for your hodl coin so that you will forget about your holdings if you aim those for long term. But make sure save your private key offline or write it up on your notebook so that by the time you want to see how those coins go in future you can still open and easily dispose of the price pump.

So how will this holder know when crypto is already pumping? Imagine buying a token for 1$ each and a new ATH of 100$ happens but you don't know then a few days later the price goes down to 50$ and a few weeks later its back to 2.5$, its better to track 🐾  your portfolio.

[1713299350]

1713299350

[1713299350]

1713299350

[firmino10]

it depends on the coin one is holding. investment and bitcoin and etherum are coin that could be hold for a longer while and their interest level grow, there are some coin that cant be held for more than a year or two. these are just hype coin. some of these project don't last, that's why its encourage to research before investing. there some investment that shouldn't be held for a longer while, these are the shitcoin.

[Viscore]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

If its not bitcoin, then you should not hold it for quite long years, but always take time to sell some of them and buy another coins again when their prices are low. However, when it comes to bitcoin, people often say that its the most valuable asset in the market and its value always appreciates in time, the reason why majority hold it for long term and never be bothered by market changes.

[qwertyup23]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

If you are planning on HODLing, at least invest in a coin that is stable enough for its price to hold in the market (e.g. BTC, ethereum, XRP, etc.). In addition, to the people who say that they invest without looking back, that is definitely some bad advice there. Regardless if you are HODLing for short or long-term, you must create a plan on when you should cashout. This should always depend on the % of profit you are comfortably selling.

Let us say that you purchased BTC at this current price (e.g. $30,000), then you could sell those coins once its price doubled on the market. It does not necessarily have to be a solid two (2) years, but it must be align with your goals on why you invested in the first place.

[Despairo]

If you are planning on HODLing, at least invest in a coin that is stable enough for its price to hold in the market (e.g. BTC, ethereum, XRP, etc.)

I'm surprised you're included XRP as stable enough coin, did you forget XRP got lawsuit and few big exchanges already delisted XRP on previous year? [1] Literally XRP is centralized coin and doesn't deserve to listed on top 10 crypto.

Most of altcoins will become deadcoins aka worthless, you can't do anything since the exchanges didn't list those deadcoins anymore and no one will interested to buy your coins in Dapps or P2P. But Bitcoin is the only exception coin that high likely wouldn't become deadcoin due to it's security and decentralization as the main purpose of Bitcoin.

[1] https://www.bnnbloomberg.ca/cryptocurrency-xrp-is-in-free-fall-with-exchanges-delisting-coin-1.1542141

[Issa56]

it depends on the coin one is holding. investment and bitcoin and etherum are coin that could be hold for a longer while and their interest level grow, there are some coin that cant be held for more than a year or two. these are just hype coin. some of these project don't last, that's why its encourage to research before investing. there some investment that shouldn't be held for a longer while, these are the shitcoin.

I agree with you, their are some coins it's better you hold them for a longer period because the longer you hold the more your profit increase like bitcoin, if you are holding bitcon. You can hold as long as you want without panicking because bitcon won't die and your money will continue increasing. Currently most of the coins in the market are just hyped coins after few moment they endup die or end up dumping gradually, I believe coins like that are not suppose to stay long in your wallet.

[Masplanc]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

It depends on the coin but not with bitcoin, no one has complained anything wrong hodling bitcoin.  Coins that may be risky to for long term are that does not have good value in the market.

[Rengga Jati]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

If this is what you want to do:
Just HOLD BITCOIN, not altcoins.
Holding altcoins is very risky, as we see from the LUNA experience. Although this is a top altcoin in fact this cannot guarantee that top altcoin will be bright in the future. In fact, this is likely dying.
Moreover if you are holding new altcoins, you may see zero value in the future 

[libert19]

Stick to Bitcoin (or may be ethereum) and dca to hold without worries.

[KingsDen]

...so how do one hold with zero worries?.

See my suggestions for you to hold with zero worries;

• Buy and Hold with money you wouldn't need in a short term: If you want to hold with zero worries, ensure you buy with somewhat a spare money. Don't use money for your house rent in few months to hold. It will make you panic if the market crashes few weeks to your rent expiration
• Do not buy in a bull market: Timing is of essence for long term holders. A day trader can enter a market at ATH, hoping to exit the market any moment he makes profits. But a long time hodler who bought bitcoin at $60k cannot leave without worries till whenever btc will touch ATH again.
• Be mindful of the coin you buy for long term purpose: Avoid coins which do not have real time utility values. Apart from bitcoin which has proven to be outstanding, atleast in fee years from now coin like Ethereum, bnb will still be in existence because they have utility value. Try as much as you can to avoid meme coins for long term investment.

[Questat]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

Keep Bitcoin alone...then you can sleep well.

I'm not sure about "in 2 years", well, of course, shitcoins and those who are in hypes projects will even die earlier than 2 years. But if you invest in projects that have been known for their sustainability and well-established, we surely can breathe easily and feel calm despite the market corrections.

Just a piece of advice OP,
  * don't check often check the market and your investment, as this will hurt you some time that leads to increased the level of your negativity.

[Zilon]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

Every investment has a plan, no investor throws his asset lavishly on a project and fail to revisit it to check the outcome after a period of time. If you take shitcoin for example after investment it is wiser to have a time frame and expected ROI and once you get the expected you take your profit and wait for a new project to invest in. There are so many pump and dump project so if you can make a good analysis on them and have a period of taking off your profit you might not experience much crash

[nakamura12]

If it's altcoin then if may be one of those altcoins which its value have decrease and soon will disappear in crypto space but if its an altcoin that still show growth even after 2 years then you did your research. Since its a coin as you have said then it won't disappear but its price may decrease and increase at any time given. Why did I say many altcoins may or may not disappear because many of those shitcoins are an altcoin. It's not bad to check your hodl funds once a while.

[Blue King]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

Which coin are you talking about?There are many coins that you can keep for many years to get good profit.Again there are some coins that go away after 2_4 years of hope.So if you want to keep a coin for many years then you need to know well about that coin and then keep it.

[khaled0111]

If your plan is to buy a cryptocurrency and hold it for very long time then there are two advices I can give you: the first is to invest only what you can afford to lose and this way even if the price of the coin you bought crashes significantly or even if it's completely dead then this shouldn't affect you financially.
The second is to buy only one of the most popular cryptocurrencies (I can recommend only bitcoin) that managed to survive for years, so it's unlikely they will disappear any time soon.

[Yamifoud]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

Don't believe that person, he/she wants to poison your mind and think negatively.
Well, I agree that some coins die because of their reputation and lack of investor support, not because they already existed for 2 years. I don't see any reason for that assumption.

In order to have peace of your mind, stay away from shitcoins, focus on the top coins, and most of all, stay away from that person who always say negative.

[pawanjain]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

You can hold in peace and never look back but then again it depends on what coin you are holding.
The only coin I would say which you need not look back ever again is bitcoin.
All the other coins definitely requires a look back and you have to stay updated at frequent intervals to know if you are good to continue holding the coins.
Yes, there are coins which have died in 2 years but then again as I said it depends on the coin.

[Eureka_07]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

Basically the person is very confident that Bitcoin will have much higher in the future so then there are no or very less worry felt for holding it.
Or, maybe he do not care that much for whatever reason, maybe because he can afford to lose it regardless of what happen next.
Some people though, forgotten that they have bitcoin on exchanges/wallet a long time ago and realize it when the current value is way higher than the time they had it.

[BIT-BENDER]

Personally if you ask me I don’t think is wrong to hold coins for many year and act as if it doesn’t exist, infact I see see this as giving the coin a greater opportunity to grow and attain an even higher price, but where I consider the problem would come from Is definitely when one is holding the wrong coin, this is very frustrating because you can hold a scam project or a failed coin for as long as you want but this won’t even matter because the coin may never go back up, so what I would advice is that try to hold a fast rising coin.

[BitKongy]

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.

You don't want to hold altcoins and never look bad, I am certain that you will lose more than you've invested and only luck will make you get profits, the best thing to do is make sure altcoins have go way down before buying, when there is fear in the market and crypto future starts to look uncertainty that's the best time to buy and hold.