Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on January 23, 2021, 05:14:09 AM
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
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Ten years for a cryptocurrency is a very long time. We don't know what will happen to decentralized cryptocurrency in another ten years. Of course, you need to store promising cryptocurrencies, but you always need to track market events. Even the best cryptocurrency can drop in price over a long period of time for various unforeseen reasons, if not forever, then for a very long time. Bitcoin is also no exception, let alone other cryptocurrencies. To get a good profit, it is still better to periodically trade cryptocurrency and be ready to withdraw your funds as soon as necessary.
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You can choose a new coin or token with a clear road map, I don't have any suggestions for new coins, but you can see new coins like DOT, this coin has an open source blockchain and is almost the same as ethereum, if you see a similar project you can invest in these platforms, but make sure the coins are listed on the best exchanges
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This 2021 I advice hold your Bitcoin. Then sell when the Everest come. Haha
Then buy again in dip to hold for 3 years, then sell, buy and hold for another 3+ years.
In my opinion, you should not stock your Bitcoin for 10 years without progress to multiply from .5 btc to 1. Watch out when moon and get involve than missed the opportunity to add your investment.
Be careful. Take the risk. Buy, hold and sell. You don't know what will happen in the coming days.
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You think correctly and I hold the same plans and also believe in these three coins. That they will never disappear from the market and can bring great profits in the future.
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Only Bitcoin and Ethereum should be holded for ten years Long but others token actually bounties campaigns rewards don't hold more than 2 years because it would be delisted or swap any Time without announcements.
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10 years is a very long hold and investment. For such a long time I would have kept something like bitcoin which took about the same amount of time to open up its full potential. But I don’t see such promising projects that will develop for a long time and survive. Often created projects that do not even live for a year, and their goal is to raise funds or sell tokens on the exchange, merge everything and kill the project.
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We see top coins changing rapidly, with only Bitcoin and Ethereum ahead. My opinion on long-term investments of 5 years or more is, of course, bitcoins and ethereum. Many coins lose their liquidity and leave the market.
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I think these three coins will grow very well over such a period and will show a significant increase in the crypto portfolio in dollars 8)
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This 2021 I advice hold your Bitcoin. Then sell when the Everest come. Haha...
If it were that easy, then we would all become millionaires. We cannot know with certainty whether today's price peak is it's maximum, or just the middle of the road to the peak.
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The idea is interesting, but not for me as keeping altcoins which are in my portfolio for 10 years simply does not make sense, as most likely they simply will not be worth anything in 10 years
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I also have around 25% of my portfolio for a long-term 10 year hodl in Bitcoin :)
However within this 10 year plan I do plan to sell altcoins (even Ethereum) back into Bitcoin, knowing that in a bear market they will lose 80-90% of their Bitcoin value, as well as considerably more USD value on this basis. Then re-diversify back into Ether and altcoins for the next cycle ;)
I'd like to think Ethereum will be worthwhile to hold in a bear market, however knowing how likely it is to outperform Bitcoin this year, almost confirms to me that it will underperform when the bear market arrives (probably next year). Maybe I'd still hold a small amount though.
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After 10 years, the situation in Bitcoin will stabilize, there is a possibility. Traditional banks in each country will approve other currencies, including Bitcoin. Some new agencies will be created, huge benefits of the transaction will occur.
dot's price was $3+ three months ago. Crowdcast was live in the beginning. There was no telegram community. Since then there have been massive improvements. The ETH platform is currently much more popular. ERC-20 Tokens based on this platform. As a result, eth future is bright.
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Its an Investment and investment can go up or go down, as there are good chances that crypto marketcap will rise in future , and since Bitcoin and Ethereum is much dominant its price rise possibility is also high. I can't vouch for the other Cryptos as long as Bitcoin and Ethereum exist. Good luck for your 10 years holding.
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Ten long years in my opinion a very long time. In fact, we will never know whether the next 10 years crypto will still be potential or not. In my opinion, this long term can be done, however, if you see that the profits are quite large, you should sell and don't miss the opportunity.
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If you are planning to hold cryptocurrency for a long period (ie 10 years) first thing I would suggest you to do is to think of security of your funds and be sure that your hardware (or wallet) is up-to-date. It will be sad to lose everything if your HDD or SSD suddenly dies, or you get hacked.
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Only Bitcoin and Ethereum should be holded for ten years Long but others token actually bounties campaigns rewards don't hold more than 2 years because it would be delisted or swap any Time without announcements.
I agree, If we want to hold for 10 years , I think bitcoin and Ethereum will be the best choice. Both are very potential and always be number one and second. They will exist for along years again. Let's try
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Very competent approach, if we go back a few years ago, we can see that some coins just soared in price, but it takes nerves of steel, because it's hard to keep coins for so long without trading them.
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I think the risk will be very high if you hold for 10 years. Because indeed the future of crypto is still being questioned and is still a mystery. So it's best not to hold on too long.
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Looking back at the decade of BTC, everyone wants 10 years ago to have invested and still hold thousands of BTC. However, no one knows for sure what the future will look like in the next 10 years, everything can happen in the next day or next month...
Choosing 10 cointops to invest in and hold for a long period of time is a wise and safe decision. In addition to BTC, ETH, DOT, you can refer to ADA, LTC, DASH, BCH, BNB. These are all very potential coin/token.
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I believe that there is no need to keep coins for 10 years, especially if they have not shown good results throughout the entire period. Even from the point of view of the life expectancy of an investor, the profit still needs to be effectively spent or invested, and not wait for something for years.
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In the long run, it would be best to hold onto coins that are already popular. So your decision is fairly correct in choosing coins. Unless there is a coin that has potential and you have researched it and it can be said to be very convincing, it wouldn't hurt to use it as an alternative to popular coins. But coming back, I think it's very risky.
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I have different thoughts from you, I would rather trade long term than just hold coins for 10 years. During that 10-year journey there must be a Bitcoin and Altcoin Bullrun and at that time everyone will sell their Coins including me. And I will invest again if the coin price drops, I will take advantage of the fluctuation of Bitcoin price to make a profit.
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I think you have good enough. Adding more into your list could be in higher risk because ten years is quiet long. Btc, Eth and dot are wise choice and they are reliable for long term.
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Certainly holding crypto for ten years will bring more benefits. For a short time, the loss of investment remains stagnant.
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Certainly holding crypto for ten years will bring more benefits. For a short time, the loss of investment remains stagnant.
If you hold is not scam , you will.get profit. But we must be careful. Because cryrpo currencies are unpredictable. If you hold top three coin for ten years , I think it safety. bitcoin, etehreum , tether USDT. then polkadot.
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I have never considered holding investments for so long. For me, long term is 2 to 3 years, life and our needs can change very quickly and we may need these funds for other things. If someone is sure that in 10 years they will not need these funds, it is different, then it can work well for them, but personally 10 years is a long time for me.
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If any one follow the strategy for long term investment then it would be very good to get more by less investing. Because 10 years are very long time. Here most potential coins may reach the high or go down. That is why deep analysis is needed in this perspective.
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At present, high level coins are not very profitable for investment. However, advice should be sought from those who are constantly benefiting from trading. Coins that are now affordable for everyone should be invested in. dot has gained popularity to increase the level of investment and to make a profit.
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Ten years is really a very long time from now and no one can give the exact prediction of how the market will be at that time, but I think the coins you decided to hold for long term are good coins and will surely fetch good profits too, but no matter what try to keep an eye on the market to know how things are going with your Investment.
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I think hloding coins for 10 years, is very long time. I don't want to hold more than 2 years. It is too risky if then crypto market doesn't exist anymore. 10 years are a long time, many things already change in 10 years. So, it is very bubble to hold 10 years or more. I will never do it, mate.
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maybe it was quite difficult for me to hold that long for many reasons such as many needs that must be fulfilled as well as several other reasons if holding coins that don't have good progress is quite a risk.
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The mentioned idea is reasonable but ten years duration is very long. No one will know what will happen next day. You should hold crypto but also should keep booking profit and buying at low selling at high .When you got some profits hold that profit for long term.
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How long periods !!! Never . I don't hold any cryptocurrencies more than 2 or 3 years . But some bounties campaigns rewards are garbage coins remaining more than 3 years in my personal myethereumwallet.
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How long periods !!! Never . I don't hold any cryptocurrencies more than 2 or 3 years . But some bounties campaigns rewards are garbage coins remaining more than 3 years in my personal myethereumwallet.
Yes you are right, I think we should hold coin for two or three years. It is ideal. Ten years is more risky, because we don't know those coin will exist or not. So, don't hold for long term , It will lose a lot.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan.
We never know what's going to happen in a decade. It could be something good and vice versa. I think if the price of btc is very good it should be partially sold and bought again when the price is down. That way you can get profit while still being able to invest.
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How long periods !!! Never . I don't hold any cryptocurrencies more than 2 or 3 years . But some bounties campaigns rewards are garbage coins remaining more than 3 years in my personal myethereumwallet.
Yes you are right, I think we should hold coin for two or three years. It is ideal. Ten years is more risky, because we don't know those coin will exist or not. So, don't hold for long term , It will lose a lot.
I'm surprised that after all this time, people have doubts about bitcoin. I am sure that in 10 years the author will be fabulously rich and will live without thinking about money. The main thing is to stick to the plan. 8)
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10 years is a very long time, I don't think I would hold onto a coin and invest that long, but if you look at the achievements of ATH Bitcoin from 2009 to 2021, it looks like I'll be doing it from now on, I just need patience and a lot of funds to can profit, buying top coins is the best choice and will benefit if the coins we hold have a high price for the next 10 years.
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Holding your crypto for 10 years straight is a good and smart way of becoming super rich, but then, this is also a very risky venture and the chances of succeeding in this is very slim cus the entire crypto market and coins and tokens as well as projects that own this coins and tokens can't be predicted.
To Have a better chance of pulling this through, you have to only hold highly successful coins and tokens alone, like bitcoin, Ethereum, BNB and some few others, but even at this, you still have to monitor the market regularly as it's full of uncertainties, anything can go wrong at any time and a given coin or token can go down never to come up again or take far a very long time to come up back.
Generally speaking, I think 10 years is to long to hold a crypto coin except you are already rich enough that you don't mind if you loose that money.
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You can hold coins for any length of time you want, but if I can give you a little advice, sell the coins you have after they reach 100-1000% of the purchase price.
from there you will get a big profit.
When did that happen? Seems like 10 years is too long, 3-4 years is the ideal time to invest and make a profit by holding coins.
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Holding your cryptos for ten years then that's a good plan for your future. I'm sure the price of bitcoin, ethereum and polkadot will increase more in 10 years a perfect coins to hold for long term. Aside from these 3 coins, I think binance coin is also good to hold for long and also cardano I guess. :)
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Yes, your decision oi a good one, holding Dot, ETH, and Btc is a welcome decision for a long time, 10years as you planned. I think that these coins/token has great potential for a huge reruns on investment, and the following coin/token could considered,
1.Neo
2.Vet
3.Link
4.mkr
5.bnb
6.uni
7. Trx
These coins/token are very good for new future investment with huge retunes.
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How about unicoin and 1inch. I do really like to buy them while the price of uni is at $4 and the 1inch when the price was at $.9. And now that the price is high I'm doubting that buying it now is not a good idea. I'm hoping the price will crash one more and get some for long term holding.
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Held a coin for 10 years, Did I read that right? This is very long bro, but you can get a big profit if the coins you hold are coins whose prices continue to increase. But you will lose if it turns out that the coins you are holding are suddenly dumped. My advice is that if this is really done, you should continue to monitor the price movements in the market for the coins that are held.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Hold for ten years, I think It is too long. We cannot predict the future of the coin. I think It is more risky, I am not agree to do. I think We should hold for two.or three years, It is possible and less risky.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Find an exceptional, innovative company/coin with long-term potential. Buy, hold, dollar-cost average. Rinse and repeat for at least 5 years, preferably 10.
Nothing can beat this strategy, has always held its own with stocks.
With crypto assets it is not always 100% realizable, 3 years ago the top 50 looked completely different. Who knows, in a few years there will be no more DeFi hype, something completely different could happen.
Bitcoin has always held its own over the years.
For example, I invest in both stocks and crypto with the same strategy.
In crypto assets, and we have to speak of assets, I try to find out which 2-3 coins from each sector have the best future;
Pure currencies, Smart contract, Centralized Exchanges, Decentralized Exchanges, Lending, Asset Management, IoT, AI, Derivatives, Data Management ...
Not all coins from these sectors will survive. Ask yourself "Are there use cases? Yes. OK, the coin is shortlisted. "
For example EOS.
No dApps at all! Maybe a blockchain-based social media platform soon, but otherwise? And there are more coins from the same sector without use cases. But then you have to decide whether you want to risk more or prefer safe values.
Here we come back to Bitcoin. If there is no Black Swan, I dare to say that the investment in Bitcoin is worth it in the long term, in your case 10 years, provided that you also invest monthly or quarterly and with every crash anyway, more than worth it. Follow dollar cast average tactic, and you will benefit a lot from COMPOUND INTEREST. Here I have a link for you to calculate compound interest yourself :
https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
I almost forgot my favourite sentence when it comes to long-therm strategy: There is no long-therm stability without short-term volatility
p.s. On the stock exchange, a “black swan” is an event that causes share prices to crash out of nowhere, but is very understandable in retrospect. The coronavirus outbreak is one such black swan, but it is not enough to explain the recent price losses.
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I don't think it's greedy to hold crypto for so long. Because indeed we will never know what will happen to crypto in the next 10 years. It's better to be clever at seeing opportunities, and selling when it's profitable.
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I think you cannot do that because things may come differently from expectations. Holding Bitcoin for 10 years is so challenging that requires your 100% concentration not to touch it even the price come up to $50k this year. Just assuming the price may touch $150k seven years from now but you will hold for 10 years. Then 10 years come and the price down to $70k. I think hold bitcoin but also sell them if needed when the market bullish.
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i believe that Bitcoin will hit $1 million sometime before 2027, he said at the Consensus 2017 conference in New York. Even better, he believes that Bitcoin could hit one million dollars in as few as 5 years, saying on May 23, 2017, that the milestone will be reached “in 5-10 years”.
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The strategy of holding the top cryptocurrencies for 10 years should show good results and great profit for the investor, more than they are engaged in trading
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Ethereum, Polkadot, and Bitcoin will be very expensive in the next 10 years...
You choose very good tokens to invest in 10 years from now. I will definitely do that because I see the great potential of these three tokens. sure the price will be 10x the current price.
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+1
I am holding over 100 types of crypto assets and their total value has decreased by 90% compared to the end of 2017 :) It is difficult to see the future of the crypto market and my crypto wallet after 10 years!
I myself also think that I will liquidate most of my crypto assets by the end of 2021 before history does repeat itself like the beginning of 2018. Holding 10 years is a risky decision.
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+1
I am holding over 100 types of crypto assets and their total value has decreased by 90% compared to the end of 2017 :) It is difficult to see the future of the crypto market and my crypto wallet after 10 years!
I myself also think that I will liquidate most of my crypto assets by the end of 2021 before history does repeat itself like the beginning of 2018. Holding 10 years is a risky decision.
That's right mate. it is really difficult to predict the future of crypto. Hold for ten years is more recently risky. I don't agree to do..I think We should hold for one or two years, Because we all know crypto currency is unpredictable.
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Holding crypto for ten long years is actually possible but I don't think the average man in the cryptocurrency to hold token and coins for a long time, because when the big needs rises he or she may sell off his crypto assets that is trying to hold for longer periods so what I think on this matter is that long time holding can serve better when you have other source of income.
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I think long-term investment in cryptocurrency is quite profitable. My advice, when in the red market, don't sell your assets right away, and always remember that patience pays off in the end.
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I think you cannot do that because things may come differently from expectations. Holding Bitcoin for 10 years is so challenging that requires your 100% concentration not to touch it even the price come up to $50k this year. Just assuming the price may touch $150k seven years from now but you will hold for 10 years. Then 10 years come and the price down to $70k. I think hold bitcoin but also sell them if needed when the market bullish.
I am sure that if a person has only a small part of bitcoin or a few, then he will constantly monitor the market. And the temptation to sell even for $ 100k will be very great. It's a little easier to sit out when the currency rate is falling.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
It is not bad idea, if you invest on any good project for long time, then i think that will be very good profit for you. You choice Btc, Eth and DOT for long time investment, we know that Btc, Eth, and Ltc is good for investment. Also you can invest on DOT and LINK coin for good profit.
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Ten years is a bit long for cryptocurrency. Now the blockchain technology is changing rapidly. I want to say that five years is pretty good. If it is five years, I would choose Bitcoin, Ethereum, Litecoin, and iost.
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Ten years is a bit long for cryptocurrency. Now the blockchain technology is changing rapidly. I want to say that five years is pretty good. If it is five years, I would choose Bitcoin, Ethereum, Litecoin, and iost.
you are right,,, same thing, but from now bitcoin is very high...It might be hard to hold bitcoin because the price is so high, if I chose an reachable altcoin like eth, dash, bnb, trx or etc... If it's five years from now, it's going to go up, I'm sure altcoin will follow the bitcoin trail, too... And we will also benefit from the coin...
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In some cases, you need to come to terms with the fact that certain projects will bring some profit only after years. As an example, we can cite the company Faba or BitRase, which did not spoil their investors with new information at all and only recently some details begin to appear. But from the start of the project to the first profit Probably you really have to wait about 10 years.
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I think keeping coins for 10 years is too long. But if you want to keep that long I suggest saving Bitcoin and Ethereum. In my opinion, other altcoins are better sold if the price is high, because they won't last long.
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If you can hold for that long you can be extremely rich because my personal opinion is that btc will be over 1 million usd in 2025 and in 2029 it will be very very expensive so if you can hold for that long you are going to be super rich.
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If you can hold for that long you can be extremely rich because my personal opinion is that btc will be over 1 million usd in 2025 and in 2029 it will be very very expensive so if you can hold for that long you are going to be super rich.
Not only rich, but you will become one of the 100.000 richest people in the world, but depending on how many bitcoins you hold ))
But are you sure in 10 years bitcoin will still be ranked first on coinmarketcap? because there is still a possibility that the annual history of bitcoin will not occur in 2025 or 2029, as you know the price of bitcoin is too expensive at that time, so who will buy it? when the price hits one million USD or two million USD?
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If you can hold for that long you can be extremely rich because my personal opinion is that btc will be over 1 million usd in 2025 and in 2029 it will be very very expensive so if you can hold for that long you are going to be super rich.
because there is still a possibility that the annual history of bitcoin will not occur in 2025 or 2029, as you know the price of bitcoin is too expensive at that time, so who will buy it? when the price hits one million USD or two million USD?
World banks and other large state banks (USD/EUR/GBP/CNY etc). The institutions will position themselves further at 6 figures. For larger capital, it'll take 7 figures :)
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It's so hard to hold assets for 10 years but If you can do it I'm sure you will earn so much money that never you imagine. Bitcoin already exists for about over 10 years and the price is from nothing to now. When it was launched no one can predict that the price can be like this. This is a reference for you
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I have met people who will hold their assets for years. This mainly applies to bitcoin and etherium. These are coins of confidence. Other altcoins have not earned this trust yet.
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Woow, ten years is a very long term to hold on crypto currencies. It is a good plan, but who knows what could happen before then. Truly, in terms of profits, it is certain, cause it is already on a good move this year 2021, it could get better even before the year ends. The tendency for ETH to keep up with the profit is along the bitcoin move, but all other altcoins are affected, which needs trading (except some exchange coins) for profits.
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I have met people who will hold their assets for years. This mainly applies to bitcoin and etherium. These are coins of confidence. Other altcoins have not earned this trust yet.
I don't think so. Some of the precious coin to hold for long term are BNB, UNI, DOT, LINK etc. It is not just Eth earned trust. Regardless of centralized and decentralized platform if the project is unique, trusted, dedicated, transparent, and active to promote the project. The token value will increase in the right time.
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I have met people who will hold their assets for years. This mainly applies to bitcoin and etherium. These are coins of confidence. Other altcoins have not earned this trust yet.
That why for long term investment Bitcoin and Ethereum is the answers because both is safest than other coins. Except both is risky because we don't know how long can to survive in the market
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Wow, hodling for 10 years is quite a long time though, you don't know if crypto will continue to exist by then or if the government will even place ban on the use of crypto, although no one prays for that to happen, but to be honest I love the idea of holding potential coins for that amount of years, coins like bitcoin, Ethereum, Polkadot, litecoin, bnb would be really good to hold.
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Now it is difficult to predict which cryptocurrency will serve in 10 years, but Bitcoin is suitable for this role. Another cryptocurrency Ethereum is very dependent on its forks and minor cryptocurrencies, projects that have chosen Ethereum to write a smart contract. Its cost largely depends on crypto trends such as defi projects and other hype areas
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It depends on your investment style. If you think 10 years to hold your Bitcoin is the right decision to do then hold it for 10 years. Along the way you may change your decision specially when you encounter pump or unexpected things during holding period. You own your Btc it means you are the one who will decide.
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I have met people who will hold their assets for years. This mainly applies to bitcoin and etherium. These are coins of confidence. Other altcoins have not earned this trust yet.
I don't think so. Some of the precious coin to hold for long term are BNB, UNI, DOT, LINK etc. It is not just Eth earned trust. Regardless of centralized and decentralized platform if the project is unique, trusted, dedicated, transparent, and active to promote the project. The token value will increase in the right time.
May be. But you must agree that there is more trust in bitcoin and Ethereum. BNB, UNI, DOT, LINK and others are new assets. Despite the fact that they are very promising, many still lean towards proven assets. Yes, you can earn less on them, but the risks are less.
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You holding cryptos for good 10years is not a bad idea actually nobody knows the future of cryptocurrency in the nearest future. But even if you are buying a coin I think Bitcoin and Ethereum are good coins you can buy. But why don't you go for coin like BNB, BTC and link I think those once have a better road map than dot and others is just a suggestion
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I think keeping coins for 10 years is too long. But if you want to keep that long I suggest saving Bitcoin and Ethereum. In my opinion, other altcoins are better sold if the price is high, because they won't last long.
Yeah, it's too long but if they can do it, so go ahead. I also invest in crypto not for short time but for the long term.
That why you must to choose strong coin like bitcoin, Ethereum, etc so you don't need to worry about won't last long.
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The idea is interesting, but not for me as keeping altcoins which are in my portfolio for 10 years simply does not make sense, as most likely they simply will not be worth anything in 10 years
Indeed, there is a possibility that the assets we keep for too long have no value at the end. However, if you are optimistic about the future of the coins that have been stored and are willing to bear all the risks that are in front of your eyes, no one has the right to blame him, because all decisions are in his hands.
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In my opinion; i think crypto currency is not a place where you just buy tokens and lock up and decide to wait for 10 years; no it doesn't work that way. Crypto currency market is a growth market; which means you have to keep tabs, research, stay updated even while hodling; so that you do not miss even the smallest information such as token swap, migration, ath etc. Some tokens perish too; would you wanna risk that ?
If you want to hodl tokens for a whole decade; i advise u to focus on bitcoin, etherum, litecoin and other top top tokens on coinmarketcap; but also do your own research, nobody expected xrp to struggle.
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If you want to hold your cryptocurrencies for 10 years, then of course you need to invest only in the most top cryptocurrencies and here of course the choice is very huge and I would advise you to invest in bitcoin, ethereum and binance coin, since I am sure that everything with these cryptocurrencies will be fine in the future.
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This is too long a time For so long I've had something like a bitcoin that took just as long to unlock. But I don't see any promising projects that will grow and survive in the long run.
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Ten years is very long time. It will be definitely good decision for making good money. By this technique you can be a rich man because some coins are very much less price if you buy some coins and then those can go to the moon after 10 years later.
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Ten years is very long time. It will be definitely good decision for making good money. By this technique you can be a rich man because some coins are very much less price if you buy some coins and then those can go to the moon after 10 years later.
Correct, but there are several nuances here. The first is confidence. Personally, I'm not sure that even Bitcoin will last that long (I'm a big pessimist in life). The second is the team itself, to what extent it will develop the project. In general, if you hold for that long, then the asset needs to be closely monitored.
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Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
You don't need to hold too many coins for the next ten years. You simply hold 1 bitcoin or 5 bitcoin for your future after you retire.
But if you want to hold even more coins than bitcoin and ethereum I will try to advise you.
Hold AAVE and BNB. AAVE has great potential for the future. It is proven if the owner of AAVE has tried contract migration twice and the result is that each coin migration has an increase in price. It has great potential in the future.
And for BNB, who doesn't know BNB coins. BNB coins are the native coins of Binance and Binance has a large community. And BNB every turn of the month they burn coins which causes scarcity of coins and the supply of coins becomes less. When the supply becomes less, the price will automatically become higher. This has great potential in the future too
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keeping bitcoins as a safe haven asset is a great idea but maybe the 10 year period is too big, i would do so 3 years and a goal for example if it exceeds 60k $ to sell
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It is a good idea provided the project I'm question is still existing and developing, there is no question about btc existing long term but rest alts is what you should worry about, 10 years is a long period and any project that can weather the storm till then will be more respected and valuable.
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keeping bitcoins as a safe haven asset is a great idea but maybe the 10 year period is too big, i would do so 3 years and a goal for example if it exceeds 60k $ to sell
I agree hold for max 3 years. But for 10 ten years, I don't agree It is so long. Crypto currency is unpredictable. We don't know, what would happen at the coming future. The coins is still alive or not. It is not profitable and more risky
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It is a good idea provided the project I'm question is still existing and developing, there is no question about btc existing long term but rest alts is what you should worry about, 10 years is a long period and any project that can weather the storm till then will be more respected and valuable.
If what you hold is an Altcoin that is in the top 10 list, maybe it can still be safe, but I believe that the plan to hold for 10 years has been carefully considered and of course the Altcoin that is held is the best.
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Bro do you know what you are saying! 10 years is no joke, that's a decade of holding a coin, are you sure you will be able to resist all temptation both in crypto space and real life to hold for 10 long years! Remember you can't predict the future, anything can happen in the process then you will wish you had sold when you have the chance.
I don't think I will be able to hold that long.
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If you are going to hold crypto for log term Holding, in ten years later, make sure that you hold the top coins. IT is better to hold BTC or ETH only. Because it will be too risky if holding shitcoins. So, it is better enough to check and do analysis in the crypto before taking it for the long term investment
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Well if one have enough resources and throwing some will cause zero pain or worry, then holding for a decade will be a tremendous opportunity as not many have resource to throw away like that rather they can hold for awhile while watching the market and getting updates on assets situations.
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I am not a good long term investor or holder so that I will make the investment maximally for 5 years. And it is also absolute to check and recheck about what coin will be invested. If the coins are in the top 10, I will be sure that they may be more and more valuable. But if they are not, they may end as chistcoins
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I am not a good long term investor or holder so that I will make the investment maximally for 5 years. And it is also absolute to check and recheck about what coin will be invested. If the coins are in the top 10, I will be sure that they may be more and more valuable. But if they are not, they may end as chistcoins
Then I have a question. You will not touch your assets for five years? What if their price becomes acceptable to you?
As for tokens from the top 10, they are unlikely to generate huge returns compared to assets far beyond the top 10. But in this case, there is a higher risk of being left with nothing.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Yes,you are right. I am agree with you.I have no doubt about it.I am support you.I have to hold btc and eth with 10 years.
I am hopeful that holding btc or eth which profitable for me.So,i shall hold that kinds of popular currency.
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Until a certain moment, I did not think about this, but the example of ether with its growth from $ 2 makes you think.I am considering tokens that are currently not very expensive but carry a promising technology. I include kava, Band,Orchid,Polkadot.
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if you want to hold cryptocurrency for a long term and for a very long time then bitcoin is a very smart choice because the very limited supply of bitcoin will make the price very expensive and of course when the price goes up it will give you a lot of profit.
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It needs high bravery if we want to hold cryptocurrency for long term investment, for 10 years. And if I also want to do it, I will only pick two of the coins, which are Bitcoin and Ethereum. Except them, I will not risk my funds so highly in other altcoins if for that long term years
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If you won't be needing money during that 10years then this is definitely a good plan, cause if we look back 10 ago how much bitcoin was worth as compared to the value now, you will know there's a huge difference in price, so it's not a bad plan to hold some bitcoin for the next 10years, you might get x10 of whatever price you bought them now,so I support you on this.
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A very good idea to make a big profit, but our choice must be right because 10 years is a long time. Bitcoin age has only just reached 10 years, and try to imagine if the first time Bitcoin appeared we were investing and selling now? Will be the richest man!
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I feel it's risky to plan for Ten long years even you have selected the high potential coins that seem to grow by the time. But I have a different opinion on this you must set some target that you won't sell below to this price. If the market touches that level sell it rather than holding for ten years apart from this you can consider holding BNB too.
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Long-term storage of coins will bring good profit if you select only those coins that have already proven themselves in the market and have shown their liquidity. But I think that Bitcoin is more suitable for 10 years of storage.
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Long-term storage of coins will bring good profit if you select only those coins that have already proven themselves in the market and have shown their liquidity. But I think that Bitcoin is more suitable for 10 years of storage.
Yes, I think I agree with you. Bitcoin is also suitable for long years investment. But for ten years, I don't agree. I think It is more risky, maybe for four or five years ago. I held several coins but not up for 3 years.
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Holding for more than 1 year can bring significant investment returns and will amount to 120% by 2022 in bitcoins and other cryptocurrencies more than 200% per annum, I think this is a good alternative to known methods and options. Now the development of projects is progressing at a fast pace and it is worth studying this topic better
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Until a certain moment, I did not think about this, but the example of ether with its growth from $ 2 makes you think.I am considering tokens that are currently not very expensive but carry a promising technology. I include kava, Band,Orchid,Polkadot.
This is an eternal race a couple of years ago there were other projects in trend, this is an eternal race for profit. In the future, more projects will appear and it will be necessary to invest in them.
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For ten years?
Wow, we can see how many people are holding to invest in ten years long. This may be too risky, however, if they have known about the risks, it will not be a matter. Moreover, if we can choose the right coin. why not? We can choose Bitcoin and ETH as the only crypto for that kind of long term investment.
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Since many people have started investing in DOGE as a result of Musk promoting this token, I think DOGE has the potential to grow in the future. I have also invested in this token, and hope that the price will go up in the next few years.
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Your portfolio would be Cemetary of dead coins :) I am almost sure that 99% of current projects will disappear in a decade.
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For ten years?
Wow, we can see how many people are holding to invest in ten years long. This may be too risky, however, if they have known about the risks, it will not be a matter. Moreover, if we can choose the right coin. why not? We can choose Bitcoin and ETH as the only crypto for that kind of long term investment.
Yes, you are right , teen years is too long and more risky to hold the coin. We don't know the possibility of the coin at the next ten years. I think Bitcoin and Ethereum will exist but I doubt for other coins. We must learned the coin that We hold.
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For ten years?
Wow, we can see how many people are holding to invest in ten years long. This may be too risky, however, if they have known about the risks, it will not be a matter. Moreover, if we can choose the right coin. why not? We can choose Bitcoin and ETH as the only crypto for that kind of long term investment.
Yes, you are right , teen years is too long and more risky to hold the coin. We don't know the possibility of the coin at the next ten years. I think Bitcoin and Ethereum will exist but I doubt for other coins. We must learned the coin that We hold.
Bitcoin and Ethereum are the two foundations of the cryptocurrency market. These assets are the most trusted. New cryptocurrencies are unlikely to be kept for so long. If only someone is willing to take the risk. Although the profit from such storage can be enormous.
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Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
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Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
You are making very bold statements. Based on what do you take these numbers? I doubt very much that it is possible to determine which altcoin will have a 300% profit in 2 years.
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Holding a coin that is promising will actually lead you to success holding it for that long,such as Bitcoin, ethereum,BNB e.t.c
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At the moment, it is quite dangerous to hold cryptocurrencies for more than 1 year. The world of cryptocurrencies is changing rapidly, and more and more projects appear on the horizon. The competition is getting really big.
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At the moment, it is quite dangerous to hold cryptocurrencies for more than 1 year. The world of cryptocurrencies is changing rapidly, and more and more projects appear on the horizon. The competition is getting really big.
That's right, for now it's better to sell tokens to fiat while waiting for the price to be normal ... it's too high risk if we hold ... but actually there's nothing to lose to hold for long term... but it all depends on the level of our courage, everyone has their own plans...
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Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
I like the way you think friend. What are you talking about such a high price of Bitcoin. And you're right that cryptocurrency needs to be stored in secure wallets and be very careful.
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Holding tokens for ten years is long, but it is enough to hold them for 2 years to get a profit of 200% or more in bitcoin and 400% or more in altcoins such as Ethereum and other tokens on the Ethereum protocol in the future 2-3 years until 2022
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Holding for more than 1 year can bring significant investment returns and will amount to 120% by 2022 in bitcoins and other cryptocurrencies more than 200% per annum, I think this is a good alternative to known methods and options. Now the development of projects is progressing at a fast pace and it is worth studying this topic better
Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
Holding tokens for ten years is long, but it is enough to hold them for 2 years to get a profit of 200% or more in bitcoin and 400% or more in altcoins such as Ethereum and other tokens on the Ethereum protocol in the future 2-3 years until 2022
@Ezzi
Let me guess what you're going to write tomorrow. Something like: "Holding tokens for ten years is long, but it is enough to hold them for 2 years to get a profit of 500%"
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Holding for more than 1 year can bring significant investment returns and will amount to 120% by 2022 in bitcoins and other cryptocurrencies more than 200% per annum, I think this is a good alternative to known methods and options. Now the development of projects is progressing at a fast pace and it is worth studying this topic better
Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
Holding tokens for ten years is long, but it is enough to hold them for 2 years to get a profit of 200% or more in bitcoin and 400% or more in altcoins such as Ethereum and other tokens on the Ethereum protocol in the future 2-3 years until 2022
@Ezzi
Let me guess what you're going to write tomorrow. Something like: "Holding tokens for ten years is long, but it is enough to hold them for 2 years to get a profit of 500%"
Why be surprised here? A person has a well-developed sense of fantasy. In addition, he knows how to assume obvious things. True, this reminds me more of some oracles and predictors who really guess what will happen to cryptocurrency next.
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Keeping tokens can be profitable for 5 years and by 2022 the bitcoin rate can be $ 340,000, it is better to keep tokens on reliable wallets or hold with private keys for a long time and not exchange them for other currencies. It is better to store on air or altcoins from 2 years and then there will be a profit of 300%
Until the bitcoin exchange rate reaches 300,000, it will have time to fall to the bottom several times. So I think it's better to set goals for myself. For example, sell at 50k and buy at 40k, then sell at 100k and sell at 80k. So much more will be earned than sitting and waiting for 300K
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Yes, you are right , teen years is too long and more risky to hold the coin. We don't know the possibility of the coin at the next ten years. I think Bitcoin and Ethereum will exist but I doubt for other coins. We must learned the coin that We hold.
Bitcoin and ethereum are two king coins that will never disappear from the market. Bitcoin is the king of all coins and ethereum is the king of altcoins.
both of them have a strong foundation in the market.
Another altcoin based on erc20 which is owned by ethereum, that's a factor ethereum will stay forever and ethereum is dependent on bitcoin. win-win solution
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Such a strategy also takes place, but I think that it is necessary to invest not only in bitcoin, but in the top 10 coins, if you plan to wait decades, because I am sure that from the top 10 coins on the market they will show growth in any case after a long time.
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Such a strategy also takes place, but I think that it is necessary to invest not only in bitcoin, but in the top 10 coins, if you plan to wait decades, because I am sure that from the top 10 coins on the market they will show growth in any case after a long time.
All 10 largest assets can show further growth. But the likelihood that someone will leave the road is very high. It's worth looking at asset ratings three, five and seven years ago. Do you feel the difference? Although now everything is more or less stable, there is still a risk factor.
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Profit can be obtained by holding tokens and exchanging for other tokens for 2 years for 100% or more in bitcoin, the same amount can be obtained on decentralized platforms such as exchanges and crypto platforms such as Ethereum
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Your decision is very good becouse you want invest your fund on Bitcoin and Polkadot for long time. I think Polkadot and Bitcoin will best profitable investment for you after Ten years letter. I want invest some Assets for long time and i think it will be profitable for me.
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Uniswap and 1inch, also you can include the aab coin Its an exchange with 50 million coins and a project supported by London stock exchange and the price now is very cheap which is anyone can buy and hold for the long run.
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Your decision is very good becouse you want invest your fund on Bitcoin and Polkadot for long time. I think Polkadot and Bitcoin will best profitable investment for you after Ten years letter. I want invest some Assets for long time and i think it will be profitable for me.
Why are you sure that these assets will bring you the greatest profit in 10 years? 10 years is a huge time. After all, a lot of things can happen during this time. For example, to destroy bitcoin or an asset will come out that will become more influential than bitcoin.
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holding the big bosses and i mean eth or ltc or any of the classic currencies will be great especially for the long term, but to let you know that the bullrun will end one day and you need to be there to cut the losses or to take the profit, this cycle will always happen so make sure to sell at the top.
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How can I hold my cryptocurrencies more than a year because I live from hand to mouths. Necessity knows no bounds. So when I got something profits then I sold all of my assets. So it is very tough to hold anything more than months or a year.
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How can I hold my cryptocurrencies more than a year because I live from hand to mouths. Necessity knows no bounds. So when I got something profits then I sold all of my assets. So it is very tough to hold anything more than months or a year.
It is true what you say, indeed daily necessities can't be denied,it must be done immediately... holding is more suitable if we have more immovable capital... but if we only rely on what we have, it's better not to hold ... if possible, just use it for daily trading and also use the coin pump to make a profit, even if it's a little but pumping isn't happen everyday...
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The price of each cryptocurrency in the market has now improved a lot compared to the last few years. So it is possible to make a profit by investing in the cryptocurrency market. At present more people are benefiting by investing and trading. Those who held BNB, Doge, ETH for a long time a few days ago, have benefited.
See Cryptocurrency price position today. Like top coins/tokens.That position could improve or deteriorate tomorrow. Cryptocurrencies are constantly gaining popularity in the market with increasing demand. So plan for trade.
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I think it is not necesary to hold crypto for 10 years if we can earn on our holding for 3 to 4 years, but i think it will always depend on our limitation and patience, if you want to hold crypto for 10 years you must have a big patience for good. Because crypto is always high on volatility it always goes up and down but if you can earn it today you dont need to wait for 10 years.
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It's a good idea to want to hold crypto for a long term, especially if it's a solid project like BTC, ETH, DOT, NEAR etc, but a lot can happen between now and a decade's time. There's always government attempts to scatter the industry. I will advise that you keep watching the market in case crypto is eventually gagged one way or the other.
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I would not recommend keeping any cryptocurrency in your wallet for over ten years. Cryptocurrency is developing very quickly and it is perceived very ambiguously by states and their governments. Therefore, we cannot foresee what will happen to cryptocurrency in another ten years. To make a good profit in this market, we need to constantly monitor prices and make the right decisions in time.
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I would not recommend keeping any cryptocurrency in your wallet for over ten years. Cryptocurrency is developing very quickly and it is perceived very ambiguously by states and their governments. Therefore, we cannot foresee what will happen to cryptocurrency in another ten years. To make a good profit in this market, we need to constantly monitor prices and make the right decisions in time.
You are right, but what prevents you from constantly monitoring the price of your chosen asset? If something went wrong, then this asset can be sold. Although, it is unlikely that something negative can happen. Especially now, when the cryptocurrency has become interesting to some countries.
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LTC and binance are good enough for the long term if you intend to invest, so the most important thing is to be patient to achieve big profits LTC has been around for a long time and was able to make LTC famous and used to accept payments on adult sites not inferior to LTC binance coin has also increased Their binance smart chain takes trading even higher on their platform.
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How can I hold my cryptocurrencies more than a year because I live from hand to mouths. Necessity knows no bounds. So when I got something profits then I sold all of my assets. So it is very tough to hold anything more than months or a year.
Understand you mate. Very difficult to be in that situation to have the desire to hold tokens unfortunately you can't because of family daily necessities. In order to survive and fill the stomach you will let go the tokens you want to hold for long term.
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How can I hold my cryptocurrencies more than a year because I live from hand to mouths. Necessity knows no bounds. So when I got something profits then I sold all of my assets. So it is very tough to hold anything more than months or a year.
Then all questions disappear by themselves. For a long time, those who do not live on their last money can store cryptocurrency. There are many like you, and it is a pity that you have been brought to such poverty. Nobody thinks about us except ourselves.
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I noticed such a trend that many people (who have not yet reached retirement age and are separated from retirement by 10 years or more) consider investing in cryptocurrencies as an analog of a pension). In this regard, I am also no exception, because in today's unstable world, you can only rely on yourself and your family)
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For me its a good idea and a wonderful to earn bug from passive way. Yet since it is risky I just don't think that 10 years should be followed or any specific schedule to be follow I think the profif is the best way to follow not the time you set up.
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It very very brave if holding crypto for around 10 years? It is because we know that investing in crypto is very risky and we also don't now whether in 10 years later, BTC is as hype as this right now or that many people also hold them,
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SIghs, this is not good for some project, but the best for some in other to make good returns. the major determinant asto long term holding and short term holding is the stage of the project which can be early, growth and maturity stage. if a project is at early stage one can hold like that but if its at maturity stage its not best.
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If you are thinking of investing in cryptocurrencies for a long period, then first of all we have to decide how many exchanges are listed on the coin in which we are investing. In the coin which is listed on more exchanges, we can expect better returns. Like Bitcoin, Ethereum, TRX, Ripple stuck. Mostly trading on the exchange.
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10 years is so long, I think it's so hard and maybe there are only fewer people who can do it, people love profits and when they see the good price they will sell it immediately. But of course, people can do this if they trust of techenology of cryptocurrency
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10 years is so long, I think it's so hard and maybe there are only fewer people who can do it, people love profits and when they see the good price they will sell it immediately. But of course, people can do this if they trust of techenology of cryptocurrency
I agree, this is a very long time. But if you set yourself such a goal, then it is quite possible to realize it. But, of course, these should be assets that will not play a big role in your life. That is, if you lose in such tactics, it will not be a big loss.
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10 years is not 10 months, 10 years is actually very long, we don't know how the market will be in next 5 years and you're actually planing of holding all your Cryptos for 10 years. Though is actually nice to hold good promising coins cause the value might have go more high and bring more profit in future but 10years is much.
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Either it will work or it will die. Where we never know what will happen for the next 10 years. Because in my opinion the limit should be that if our target is reached then sell.
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In my opinion its so tough to hold for 10 years because its not a matter of joke. Its a long time for investment and anything may happen in a long distance of time.
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for holding, I advise you to take ripple and ethereum, but also look at other cryptocurrencies such as decentralized cryptocurrencies and defi tokens, as well as applications on ethereum at a low price, which may increase in price by the end of 2021 by 5 or more times
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In my opinion its so tough to hold for 10 years because its not a matter of joke. Its a long time for investment and anything may happen in a long distance of time.
Yes you are right, I agree with you. Anything can be happen in along distance of time. Hold for ten years, I think It is too long and more risky. In my opinion, I think hold coin for one or two years is better .
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10 years is not 10 months, 10 years is actually very long, we don't know how the market will be in next 5 years and you're actually planing of holding all your Cryptos for 10 years. Though is actually nice to hold good promising coins cause the value might have go more high and bring more profit in future but 10years is much.
Long-term persuasion is entirely up to the individual. Personally, I know a couple of people who intend to keep for that long. But will they have enough patience? This is the main question. After all, if you don't have patience, then you won't be able to keep your assets for so long.
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10 years is not 10 months, 10 years is actually very long, we don't know how the market will be in next 5 years and you're actually planing of holding all your Cryptos for 10 years. Though is actually nice to hold good promising coins cause the value might have go more high and bring more profit in future but 10years is much.
Long-term persuasion is entirely up to the individual. Personally, I know a couple of people who intend to keep for that long. But will they have enough patience? This is the main question. After all, if you don't have patience, then you won't be able to keep your assets for so long.
Firstly, life is very fleeting, and secondly, a lot changes in our life. in 10 years, there may no longer be the desire and physical ability to spend what a person can earn with the help of cryptocurrency. Based on this, the maximum investment for a long period is no more than 2 or 3 years.
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Day By Day Popularity Of Cryptocurrency Are Increasing. Now Huge Popular, For Covid Situation Cryptocurrency Has Been More Popular. Before Ten Years Cryptocurrency Was Not Huge Popular. But Then who Are Invsested here They Are Huge Profited. They earn Unbelievable Amount. I Think who are Investing Now They Will Also Huge Benefited After Ten Years. I Want To Hold Some Cryptocurrency For Long Time. I Think I Will Be Huge Benefited From Here.
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I think it is not a good idea holding for ten years without do anything to your investments, Because every 4 years Bitcoin halving. It's mean a huge pump after that massive dump. This is a chance for us to earn more in crypto
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Holding Crypto for 10 years will give you huge benefits, but my advice is not to hold too many assets. Just 10% of your total assets. which 90% you use for day trading, and investments with a maximum length of 4 years.
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10 years is not 10 months, 10 years is actually very long, we don't know how the market will be in next 5 years and you're actually planing of holding all your Cryptos for 10 years. Though is actually nice to hold good promising coins cause the value might have go more high and bring more profit in future but 10years is much.
Long-term persuasion is entirely up to the individual. Personally, I know a couple of people who intend to keep for that long. But will they have enough patience? This is the main question. After all, if you don't have patience, then you won't be able to keep your assets for so long.
Firstly, life is very fleeting, and secondly, a lot changes in our life. in 10 years, there may no longer be the desire and physical ability to spend what a person can earn with the help of cryptocurrency. Based on this, the maximum investment for a long period is no more than 2 or 3 years.
I agree that not everyone agrees to hold an asset for that long. It all depends on age. But basically, the holders of the cryptocurrency are young people. Is it difficult for them to keep bitcoin for 10 years? After all, it was Bitcoin that proved to us that long-term storage is very beneficial.
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if in my opinion for the next ten years, doge is better to be saved than etherum because the coin is now also a high price and it is very risky in the coming year, if i think doge is more promising.
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if in my opinion for the next ten years, doge is better to be saved than etherum because the coin is now also a high price and it is very risky in the coming year, if i think doge is more promising.
That is interesting. I would be very interested in why you think that, why Dodge is better than ETH. Me, for myself, would never put Dodge in front of ETH because there are no limits with Dodge. Max Supply is unlimited, just like Fiat. Not to mention the other advantages of ETH, which you can also find out about in the ETH Forum.
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For a cryptocurrency, ten years is a very long period of time. We see that even after a few years, most of the cryptocurrencies leave the market, while others are undergoing significant transformations. This market is developing and changing very quickly. If you store a cryptocurrency for a long time, then its condition must be constantly or at least periodically monitored.
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Eth is a good currency and we all know that it will have a great future and maybe it will be in the second place after bitcoin so i think it safe to invest in it for the long term , but i think 10 years is a little long period so make sure to be there and withdrawal your profit in the end of the bull market.
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the holding is convenient in many cases when there is no time to follow cryptocurrencies and is largely associated with the growth of blockchain technologies, let's look at the bitcoin rate and it is already 47,000, but many people think that interest in cryptocurrencies depends on bitcoin, but other cryptocurrencies have grown more than 5 xx
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For a cryptocurrency, ten years is a very long period of time. We see that even after a few years, most of the cryptocurrencies leave the market, while others are undergoing significant transformations. This market is developing and changing very quickly. If you store a cryptocurrency for a long time, then its condition must be constantly or at least periodically monitored.
It is imperative to monitor the selected asset. But if you keep it for a long time, then here the conversation is exclusively about the best assets. Example: Bitcoin or Ethereum. There is trust in them and it makes sense to keep them for a long time.
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It is too long to hold crypto for ten years.no one know what will happen after ten years, But if crypto market runs in this way then you will be millionaire if you hold strong and long based projects because some projects vanishes in the market after some years.
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The demand for cryptocurrencies is increasing day by day. A graph of the last three months shows that each coin has increased almost 3-4 times. And if we hold it for 10 years, we can't say how far it will go. However, I can say that the future of crypto will be good in the future.
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People should not get carried away, Bitcoin has been the best performing asset for the past 10 years and that do not mena that other crypto tokens would follow suit, things change very fast in the space, I will not invest in a project and leave it for 10 years and go and sleep never, all my long terms tokens are under active portfolio management anyone I suspect is not leaving up to expectation is sold for another promising project and this is the way everyone should see the project, there are a lot of projects in the space that raised 10's of millions and are dead now
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It is too long to hold crypto for ten years.no one know what will happen after ten years, But if crypto market runs in this way then you will be millionaire if you hold strong and long based projects because some projects vanishes in the market after some years.
I agree that 10 years is a long time. But isn't this risk justified? And no one forces you to keep all your savings for so long. It is enough to hold over some part and wait. After all, this can bring much greater benefits in the future.
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I think 10 years in the real estate business are short because I think those 10 years don't feel like going through.
For example, we set up a transportation company with minimal capital and 10 years in one country all the means of transportation were acquired by this company and in my opinion, this is a really good success redeemed by 10 years.
Bitcoin in a span of 10 years has been able to create trillions of dollars and this already has a very large amount, so I think 10 years in cryptocurrency is also the same thing for a while if the price feels the profit effect.
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In my opinion, this crypto is very volatile, so if we hold on for too long for ten years I think we will lose a lot of opportunities. Don't be too greedy to be able to get huge profits.
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In my opinion, this crypto is very volatile, so if we hold on for too long for ten years I think we will lose a lot of opportunities. Don't be too greedy to be able to get huge profits.
As you said, the 10-year strategy is more risky than opportunity, because after 10 years, maybe all the tokens in our wallet have disappeared from the market.
Maybe we should just keep Bitcoin.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
In short, you have a perfect idea. A 10 years investment plan is va ery good plans and I also planned to hold some of my coins for 8years. Just consisider those that bought bitcoin in 2019 and are still holding, honestly it has become a wonderfull venture if they had a 10years plans like yours.
In a nutshell, it is an excellent idea to hold bitcoin with some notable altcoins for 10uears. Keep holding, Bitcoin is landing in the moon.
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In my opinion, this crypto is very volatile, so if we hold on for too long for ten years I think we will lose a lot of opportunities. Don't be too greedy to be able to get huge profits.
As you said, the 10-year strategy is more risky than opportunity, because after 10 years, maybe all the tokens in our wallet have disappeared from the market.
Maybe we should just keep Bitcoin.
You shouldn't expect to keep some kind of cryptocurrency for ten years or more. Cryptocurrency is developing very quickly, but on the other hand, it is still a poorly studied and unpredictable financial asset. Therefore, it is advisable to monitor all new processes in this market and always be ready to invest in more advanced types of cryptocurrencies. We don't know what could happen in another ten years. Most likely, more than half of the current cryptocurrencies will simply disappear by that time.
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Definitely a good investment plan. Hodling is a huge patience and endurance test for many, especially I extreme periods. I would also advise to add Stellar Lumens to that list. A good one
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It takes patience to keep the crypt for a long time crypto can never last long without patience there are many traders who can't wait long so they don't choose day trading however, long term investment for bitcoin investment is more profitable. If you invest and hold on to bitcoin the price will increase in a few years.
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The However within this 10 year plan I do plan to sell altcoins (even Ethereum) back into Bitcoin, knowing that in a bear market they will lose 80-90% of their Bitcoin value, as well as considerably more USD value on this basis. Then re-diversify back into Ether and altcoins for the next cycle
I'd like to think Ethereum will be worthwhile to hold in a bear market, however knowing how likely it is to outperform Bitcoin this year, almost confirms to me that it will underperform when the bear market arrives (probably next year). Maybe I'd still hold a small amount though my hope.
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Ten years for long-term investment, I will choose the top coins in my portfolio and in the following years there will definitely be new projects that are better than the current coins, no one knows what will happen, so I will choose 10 up to 20% of my portfolio for the long term
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Ten years for long-term investment, I will choose the top coins in my portfolio and in the following years there will definitely be new projects that are better than the current coins, no one knows what will happen, so I will choose 10 up to 20% of my portfolio for the long term
Yes, I agree If you want to invest for along years, I think We should choose top 10 coin. They'd are more safety and I believe They will survive for along years again. Don't hold new coin, It is too risky
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I don't really think is an bad idea for holding a coins for a longer periods of ten good years, if you are sure of the crypto currency project that you are planning to hold for that long is a good one but don't also forget the risk of long term investment in digital currencies.
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Investments don't like fuss and a 10 year retention plan is a very good strategy. It is better to choose classic coins from the oldies BTC, Ethereum, LTC, DASH, ETC and several new coins of DeFi projects.
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Definitely a good investment plan. Hodling is a huge patience and endurance test for many, especially I extreme periods. I would also advise to add Stellar Lumens to that list. A good one
But that is a very long time, in my opinion we better follow the prices in the market. So when the price goes up high we sell the coins that we hold even though the time is not yet 10 years, then we wait for the price to go down to buy it again. Because in that 10 year period, there must have been several increases and decreases in prices, that way we will get more profit.
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But it is very difficult to say what happens in cryptocurrency at any time. We have been seeing for a long time that the market goes much better at one time and sometimes worse at another. However, those who invest for the long term can make a lot of profit. Again a lot of times a lot is lost. But one thing is if you hold a coin for ten long years then you will definitely get high profit later.
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I totally agree what is the point of holding 10 bitcoins for 10 years if you can at least double the number of coins in 10 years by falling and rising prices.
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It Definitely a good investment plan. After 10 years, the situation in Bitcoin will stabilize, there is a possibility. Traditional banks in each country will approve other currencies, including Bitcoin. Some new agencies will be created, huge benefits of the transaction will occur.
dot's price was $3+ three months ago. Crowdcast was live in the beginning. There was no telegram community. Since then there have been massive improvements. The ETH platform is currently much more popular. ERC-20 Tokens based on this platform. As a result, eth future is bright.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Well while this is a good idea, within this ten year plan, there might be at least two bull and bear markets and I believe you can also leverage on just those period to multiply your hodlings instead of hodling for straight ten years. just my thought and by the way, The mentioned coins are worth hodling that long in my opinion.
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But it is very difficult to say what happens in cryptocurrency at any time. We have been seeing for a long time that the market goes much better at one time and sometimes worse at another. However, those who invest for the long term can make a lot of profit. Again a lot of times a lot is lost. But one thing is if you hold a coin for ten long years then you will definitely get high profit later.
Well, hold for ten years, we will get a lot of profits but also too risky. I personally don't agree hold for along years .Maybe max at three years, that's make sense. If you have free money I think you can try hold for along years
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Well, hold for ten years, we will get a lot of profits but also too risky. I personally don't agree hold for along years .Maybe max at three years, that's make sense. If you have free money I think you can try hold for along years
for bitcoin it is usually accompanied by a halving that occurs every 4 years, that's the maximum if you want to hold back. The last halving happened in 2020 and will have an impact this year, which is always after the halving there will be a change in price. if you hold for more than 4 years it doesn't seem like an investment anymore.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
If you plan for holding long term, i will recommend Bitcoin, Ethereum, Polkadot, Binance Coin (BNB) and Cardano. This five coins is my top priority list for hold. I am holding Polkadot and ADA already for long run. Cardano, Polkadot and BNB will be the next 3 major projects after Ethereum.
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If you plan for holding long term, i will recommend Bitcoin, Ethereum, Polkadot, Binance Coin (BNB) and Cardano. This five coins is my top priority list for hold. I am holding Polkadot and ADA already for long run. Cardano, Polkadot and BNB will be the next 3 major projects after Ethereum.
I think , I agree with you..If we have a plan to hold for long term , I think top coins are the best choice. But We must learn the character of the coin and do at the right time. Buy when low and hold it.
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For top coins, I think it is no problem to hold a long-term, more than 5 years. But personally, I just will hold the top coins till the next halving, I mean 1 year after the next halving. I will wait for the Bullrun, then I will sell my coins in the next Bullrun. Why we must hold forever? We can buy again at a cheap price in the next bearish, right? :D
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For long-term storage of cryptocurrency, iron nerves are needed, since you will observe not only growth but also a deep fall of your crypto assets. But in the end, you will be rewarded for your patience and endurance.
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I don't think holding cryptocurrency for ten years is a good idea. The fact is that cryptocurrency is developing very quickly. Even very potential cryptocurrencies can become obsolete and during this time either disappear or simply fall in price very much. Therefore, for each cryptocurrency we have in our wallets, we need to observe its price movements and the development of the project itself.
To make a good profit, you need to use price ups and downs. Holding the cryptocurrency alone is ineffective in many cases.
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It take a lot patience and perseverance to hodl a crypto for ten years, if the OP can do a research so as to choose coins with good project apart from Bitcoin or ethereum others like ADA, DOT, LINK with good developers can pump 10X, 100X in 10 years however I prefers taking some little profits once in while hodling the rest.
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I don't think holding cryptocurrency for ten years is a good idea. The fact is that cryptocurrency is developing very quickly. Even very potential cryptocurrencies can become obsolete and during this time either disappear or simply fall in price very much. Therefore, for each cryptocurrency we have in our wallets, we need to observe its price movements and the development of the project itself.
To make a good profit, you need to use price ups and downs. Holding the cryptocurrency alone is ineffective in many cases.
For top coins, I think it is no problem to hold a long-term, more than 5 years. But personally, I just will hold the top coins till the next halving, I mean 1 year after the next halving. I will wait for the Bullrun, then I will sell my coins in the next Bullrun. Why we must hold forever? We can buy again at a cheap price in the next bearish, right? :D
Well, hold for ten years, we will get a lot of profits but also too risky. I personally don't agree hold for along years .Maybe max at three years, that's make sense. If you have free money I think you can try hold for along years
for bitcoin it is usually accompanied by a halving that occurs every 4 years, that's the maximum if you want to hold back. The last halving happened in 2020 and will have an impact this year, which is always after the halving there will be a change in price. if you hold for more than 4 years it doesn't seem like an investment anymore.
But it is very difficult to say what happens in cryptocurrency at any time. We have been seeing for a long time that the market goes much better at one time and sometimes worse at another. However, those who invest for the long term can make a lot of profit. Again a lot of times a lot is lost. But one thing is if you hold a coin for ten long years then you will definitely get high profit later.
Well, hold for ten years, we will get a lot of profits but also too risky. I personally don't agree hold for along years .Maybe max at three years, that's make sense. If you have free money I think you can try hold for along years
Let's look at the chart of Bitcoin, is now over 10 years old. Search for that. What can you see there?
200% every year. Show me a trader who has achieved or can achieve 200% per year.
Add Ether and BNB to this from the beginning. What do you notice?
More than 100% profit every year.
What does all this tell us?
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Let's look at the chart of Bitcoin, is now over 10 years old. Search for that. What can you see there?
200% every year. Show me a trader who has achieved or can achieve 200% per year.
Add Ether and BNB to this from the beginning. What do you notice?
More than 100% profit every year.
What does all this tell us?
The fact is that it makes sense to store Bitcoin, given such growth rates, but only from the point of view, if you are still young. and if you are already over 40 or 50 years old and you have already managed to earn enough good money with the help of Bitcoin, then it is time for you to use it for its intended purpose. Although if you have enough BTS, then you can definitely leave them for your children, but you need to make sure that they are trained in what to do with these assets after 10 or 20 years.
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[/quote]The fact is that it makes sense to store Bitcoin, given such growth rates, but only from the point of view, if you are still young. and if you are already over 40 or 50 years old and you have already managed to earn enough good money with the help of Bitcoin, then it is time for you to use it for its intended purpose. Although if you have enough BTS, then you can definitely leave them for your children, but you need to make sure that they are trained in what to do with these assets after 10 or 20 years.
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I understand that 50 years is a long time in some countries. But in most of them you still have to work up to 60. In Germany even up to 67.
I'm 52, and I can manage 10 years, my son is informed and if something bad happens to me, he takes over my portfolio.
Which, by the way, I will suggest to each of you. Inform your next of kin about the portfolios you have and how they should come up with them in case something bad happens to you.
What can you earn with Bitcoin in 10 years?
So far it's 200% per year, because you can calculate the rest yourself.
Only that much;
If you invested $ 100 10 years ago, you would have gained so much at 200% per year ... You can do the calculation yourself and then we'll talk more
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that's good if you really want to make a long-term investment where the profits that be gained are definitely bigger if the coins that you have do have good prospects like BTC. I think it is better to invest in BTC or Eth if you want to make long-term investments because if you invest in other coins that not stable then it will make us get losses if we can't manage it properly
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Holding is a tricky thing to do if you are thinking about profit all the time, the first thing to do is make sure you only use cold money and do some deep research on projects you wnat to invest for longterm. I think it's worth it to store coins like bitcoin, eth, or top cmc for a period of 10 years.
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There is a sharp increase. We will not fall sharply in any case thank you very much I'm glad that I am not the only one who thinks so of went to trade good luck to you and everyone Not the fact that we are leaving this is leaving. It can last for years how many violas did not shoot. Why does everyone think that we will start falling tomorrow. That everything will be like in 18 year Everything will be the same - as no one expects. here only in shorts you can fly to heaven
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Bitcoin, Ethereum and PolkaDOT are very good cryptocurrencies, but to avoid losses, when the bubbles start in the market I recommend you go to a stable coin to protect the interest generated.
Long-term trading is the best option for you if you want your money for retirement.
ADA, XLM, LINK are the ones I recommend... :P
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I don't think we can look into the crypto space for such a long period of time as 10 years. For retirement savings, I prefer to use traditional tools. They are more predictable.
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You already choose the Gems of the crypto market. There are many other high potential coins that we can think to hold for a 10-year long time. No doubt Bitcoin is always the first choice of every investor if one is planning to hold for the long-term apart from this If I have some extra funds to invest I would definitely consider having Ethereum, BNB, Polkadot, 1inch, Pancakeswap, Chainlink, and Uniswap in my portfolio for my retirement plans as I feel these will also be trusted for long.
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Of course, these projects are very promising for investment for a long time, but you need to invest in the trend that is going on now. It can just change everything in a short period of time, like with the DeFi project, for example, it changed the market trend.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
I think it's good idea hold for long term , maybe for ten years. But It's more risky. You must learn about this coin more, the team, progress and fundamental.
I have hold several coin, but just for three years maybe for five years, more time. I don't think to hold for ten years.
Maybe top coin can be your choice.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
There's always a good idea to hodl coins, especially high market cap coins like bitcoin and ethereum. I have some myself, locked up for my kids. So here's a thumbs up from me
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Yes holding is good but not for 10 year if you holding your coins for 1 year will give you 100x in 1 year but in 10 year it will be 1000x real coin and project that’s decided to rebrand its logo to be more memeable and is starting developments to market it as such to bamboozle idiots into accidentally buying a good token hold is gold.
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10 year is a long time to hold any cryptocurrency. I think if you want to hold you have to go with good cryptocurrency with good usecases so if ever people start using that coin in mass you will get your profit of waiting for 10 year. I also advised to track market so that you will be familiar with current price of that currency which you holds. Why this is important because good cryptocurrency price also drop over the long period of time so keep tracking prices.
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Choosing the right coin is important. There are hundreds of cryptocurrencies, most are worthless and some are plain scams. Bitcoin is the oldest, most liquid, coin and it is the one that enjoys support due to institutions investing due to its limited supply.
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Your choice of cryptocurrency is already good enough. At the moment, I would recommend you not to buy more assets and with the funds that you want to buy, I would leave them for now, but I would buy the crypto after the market correction. I can also advise you to put your ether on the ether 2.0 contract now.
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In fact, no one can know what will happen in 10 years, but such a strategy is very correct, long-term investment is the right decision, although 10 years in my opinion is a lot, I think in two years you will already get an excellent margin from your portfolio and you can't resist spending them;)
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In fact, no one can know what will happen in 10 years, but such a strategy is very correct, long-term investment is the right decision, although 10 years in my opinion is a lot, I think in two years you will already get an excellent margin from your portfolio and you can't resist spending them;)
That is if the market is still in an upward trend but what happens if it is the other way round? that means you have to wait for the market to reverse before you would be in a good position to have good profits. Anyways some of us make these targets and not get there before we take profits once the market is favorable which I believe in too. So, it all depends on the market situation.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
10 years of holding is a very long time of waiting dude in my own opinion, there are a lot of things that can happen.
Although I don't have any doubt about the coins which you are planning to hold, it's your choice anyway. But I think you can hold them but not 10 years, maybe at least 2 to 5 years something like that, just a thought only.
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For such a long time, it is advisable to keep coins that have already been tested by time (BTC, ETH). And if we consider altcoins, then in my opinion they are better suited for a short distance, although it is quite possible that in the course of years they will shoot up. In addition, some altcoins offer passive income. I don't want to advertise, but for example XXP offers something like a dividend. That is, from the number of purchased coins, you can get a percentage of their storage. It is also advisable to keep such coins for a long time, although 10 years is really a very long period and it is not a fact that the percentage will pay off during this time.
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Be yourself in cryptocurrency and I'm sure the OP will benefit from 10 years of HodL Cryptocurrency.
10 years is not a short time and certainly has such things as trips up and down mountains, changing prices, different platforms and lots of missed moments.
But I am also sure that 10 years will generate enormous profits, as now DOGE is very profitable and it takes no more than 4 years to be able to Pump so quickly.
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My advise is just trade. Anyone that held are still waiting for there gains back.. Whats there to be proud of... people that sold at the highs an bought in at the lows are the real people to be proud in so despite holding for 10 year just trade daily and earn daily.
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My advise is just trade. Anyone that held are still waiting for there gains back.. Whats there to be proud of... people that sold at the highs an bought in at the lows are the real people to be proud in so despite holding for 10 year just trade daily and earn daily.
It's easy to say - trade. Everything seems so easy: I bought it cheaper, sold it more expensive. If everything were so simple, why do many people lose their funds when trading? Such a tool of earning is not suitable for everyone; it is easier for someone to just keep an asset.
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I think it is not a bad idea to hold as long as you don't plan to just forget about it and still follow news, so that you are aware if any regulations are made that could jeopardize your holdings.
But there is one thing I think might be better, or at least safer: set price targets, so if your coin of choice goes really high (after which a correction can always be expected) sell, then if you think the price will go even higher, you can buy again using a part of your profits, and/or if the price drops, you can buy again and wait for another rally.
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Holding Polkadot for the long term is okay. i think it is a welcome idea. i am planning on holding Polkadot too but i am scared of how to set up the wallet. i don't know how to do that. Polkadot is my long term plan but how to setup and use the wallet is my problem. My long term plan is polkadot, solana, ETHEREUM and AVALANCHE.
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It's a long time and you should hold top altcoins besides bitcoin. not wise to hold a new currency for the next 10 years.
I think Solona has a great future ahead. Polkadot is also a very promising project.
Another thing I Recommend to you Keep your altcoins in a safe place. It's really important.
If you are planning to hold long term you should check out this article: https://articles.whalesheaven.com/how-to-store-crypto-assets-whats-the-safest-way-for-long-term-holding/
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It's a long time and you should hold top altcoins besides bitcoin. not wise to hold a new currency for the next 10 years.
Is not a fact. New assets are very promising and in the long term can give very good profit. Yes, it all depends on the asset itself and the time it will be stored on the wallet. But if you still set such a goal, then you can make money.
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Looking at the cryptocurrency market, bitcoin has only shown itself well for 10 years, a couple of altcoins are dogicoin and Cardano surprised just with good growth. The rest of the projects did not exceed their last mark, of course, now it is difficult to say what to say and how it will continue, but the market results are very good.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
If you have free money , I think you can do it..hOld for long term, maybe for ten years.
Because I have seen, many investors believed crypto currency will have great future and more popular at the coming future.
But, I personally don't agree to hold for long, I have to fulfill my needs.
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Today there was almost a breakout, but the drain went, and then I immediately read the news that Iran or Iraq temporarily banned mining. It feels like it's on purpose!)
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Looking at the cryptocurrency market, bitcoin has only shown itself well for 10 years, a couple of altcoins are dogicoin and Cardano surprised just with good growth. The rest of the projects did not exceed their last mark, of course, now it is difficult to say what to say and how it will continue, but the market results are very good.
I agree, despite the good dump, the market has shown itself to be on the good side. And as for the altcoins that have not reached their maximums, it means they still have a lot to come. At least I hope so.
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To.me holding a token for 10 years is bad idea, or is not good enough, the major reason is that change is constant, no one coin one can actually determine the yardstick for coin swap, the coin can later become worthless before than
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If you do so then remember you are going to take your life best decision crypto had alot of potential but my only advice is don't buy any shitcoin instead try to buy coin with purpose like eth,dot,xrp and other you will definitely find good return it will be awesome if you stake your fund then also it is beneficial
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My advise is just trade. Anyone that held are still waiting for there gains back.. Whats there to be proud of... people that sold at the highs an bought in at the lows are the real people to be proud in so despite holding for 10 year just trade daily and earn daily.
I like this idea better even though in some instances were you buy in at a low price you might want to hodl till the price is high enough but I too don't see myself hodling continuously for Ten years while I could have had different turnovers in between to increase volume and profits.
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To.me holding a token for 10 years is bad idea, or is not good enough, the major reason is that change is constant, no one coin one can actually determine the yardstick for coin swap, the coin can later become worthless before than
Yes, there is some truth in this. An example of this can be bitcoin, although many would hardly hold it for 10 years, seeing the growth of the asset. Again, no one bothers you to trade simultaneously with the hold?
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By long term investment I understand 2 or 3 years, I still think that 10 years is too long and that anything can happen. In a period of 10 years our life can change a lot, the laws on cryptocurrencies can also change damaging our investment, we may have financial problems and have to sell our investment at a loss, our health can also change...
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It looks odd to hold it for the long term but I believe in holding for such a long-time if we see the past 10-year movement of the market. We can not deny the huge ROI of the top coins. I believe BTC, Eth & DOT all three have a good future ahead and will grow beyond one's imagination apart from this I can say ADA, ZIL, Pancakeswap, Uniswap, Inch & BTS can grow huge if one plans to hold it for long-term. Buy and forget it like a fixed deposit.
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It looks odd to hold it for the long term but I believe in holding for such a long-time if we see the past 10-year movement of the market. We can not deny the huge ROI of the top coins. I believe BTC, Eth & DOT all three have a good future ahead and will grow beyond one's imagination apart from this I can say ADA, ZIL, Pancakeswap, Uniswap, Inch & BTS can grow huge if one plans to hold it for long-term. Buy and forget it like a fixed deposit.
Buying and forgetting is very difficult, especially when you see how their value grows. And the choice itself matters. Some will bring more profit, some less. But I am sure that holding assets is still the right decision.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Isn't that little amount dude was 10BTC? ;D just kidding, anyway, 10 years is a very long period of time to hold in the long term dude. But if this is your really plan, nobody can stop you and besides it's your choice and decision, but for me, 2 to 3 years is enough to hold in the long terms just simple as that.
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Isn't that little amount dude was 10BTC? ;D just kidding, anyway, 10 years is a very long period of time to hold in the long term dude. But if this is your really plan, nobody can stop you and besides it's your choice and decision, but for me, 2 to 3 years is enough to hold in the long terms just simple as that.
Those who believe that they will become millionaires in 1-3 years because they have bought some crypto are wrong. You can invest a lot and also gain a lot in 1-3 years, but if we are talking about investments of a few thousand then you have to think twice what you really want. If you want a fast 10k $ then invest 1k just before Bitcoin Halving, wait for bull run 6 months after that, hold it another 3-5 months and you have your 10x. If you want a million, then wait until the halving starts to work in 2028. And that's 6 months after that. If you are still very young, you can also wait for the halving in 2032. The prerequisite is always that you no longer need this money that you have invested. So you will enjoy it. This is how the Hodler do it. Of course you can still pursue dollar cost avarage and compound interest, which I will always advise. That would mean investing again whenever there are crashes. Just as much you don't need to live. All those who do not do trading as a full-time job will lead to an increase in their portfolio. Everything else is gambling.
The prerequisite is that you make the right cryptos as an investment, but I can't help you there myself, that's not my full job.
And at the end my question to you; do you know someone who has been holding Bitcoin for 5 or 10 years and has lost money or value in the process?
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Isn't that little amount dude was 10BTC? ;D just kidding, anyway, 10 years is a very long period of time to hold in the long term dude. But if this is your really plan, nobody can stop you and besides it's your choice and decision, but for me, 2 to 3 years is enough to hold in the long terms just simple as that.
I agree, everyone decides for himself how much to hold the cryptocurrency. I came to the conclusion that it is possible to hold one, in my case, bitcoin, for more than one year. After all, there are very high hopes for him. Other assets in my portfolio can be hold for a short time.
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I'm not sure that will happen in reality, because 10 years is a long time. If on the way the price of the coins we hold increases sharply, then we will definitely sell our assets.
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I think it will be a great initiative for every one to hold crypto for long time because the price of crypto will be go up in the future so who wants to get benefited in the future they need to hold for a long time. Some times you may got benefited from short time investment but if you go for long time investment you will be benefited more than you expected so i will tell you that it will be great decision for any one to hold for long time in some particular strength coin.
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I think it's too long to hold 10 years, I prefer holding before the bullish period, it's very profitable to get good results. maybe 3-4 years. top 50 can be an option to hold
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from my own perspective holding crypto for a long period of time might make one make super profit and can also make one make super loss, it depends on project, good project will make one to experience heaven on earth when its been hold for long period of time.
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from my own perspective holding crypto for a long period of time might make one make super profit and can also make one make super loss, it depends on project, good project will make one to experience heaven on earth when its been hold for long period of time.
That's right, so you should choose projects that you are sure of. Many people do this with bitcoin, because it has the greatest trust. There are other assets, but less attention is paid to them.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
10 years is long time. 5 years plan is enough at first. For long term, i only support Bitcoin, Ethereum, Polkadot, BNB and top few coins which have huge future but avoid from shitcoins or weak altcoins. Most of the altcoins may die with the passage of time but only few real altcoin will survive. So, i personally want to hold top coins whether price will go up or not but my coin's will have security.
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I know that, I just say how it was in April and how now there is no difference. Rewards only on the air fell I am looking for information close to reality, read about the air 2.0 Help me find
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Looking at the state of crypto so far, it can be said that crypto will reach a better position in the future. But since crypto is very volatile. So it is difficult to say where the crypto will go after 10 years. But hopefully the crypto situation will get better day by day. Holding crypto for 10 years is a long-term investment. It is to be hoped that something better will happen. So I would say that for those who have decided to hold on to crypto for 10 years, hopefully the benefits are waiting. Something could happen that after 10 years you will get more than you expected. So keeping a certain good currency for a long time would be a great decision for someone. Get a good idea about crypto, keep an eye on the market and be careful about the currency.
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Warren Buffett once said that if you buy shares of good companies for a long time, then the investment will work great for 10, 20, 30 years! If I had invested in bitcoin 10 years ago, I would be fabulously rich now!) I think that many people lack patience in this matter!
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I really don't think I will HODL one coin or Bitcoin for Ten years straight because that period of time might be two or more BULL run circles. I believe I would rather sell at every ATH in between those ten years and buy back to increase my bag of Bitcoin. ;)
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
I'm trader, I prefer do daily trading and sometimes I hold for short term.
I don't think hold for ten years, I think It's really risky .
Because I have to get profit monthly, I will never hold for long term.
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I really don't think I will HODL one coin or Bitcoin for Ten years straight because that period of time might be two or more BULL run circles. I believe I would rather sell at every ATH in between those ten years and buy back to increase my bag of Bitcoin. ;)
Likewise, even though I am not a trader, I don't really think I will HODL any coin for a ten year period straight because I believe like you, we can make more profits plus increase the HODL bad if we just traded once in every ATH and buyback within the low prices and continue it the next time instead of HODLing same quantity for ten years straight.
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Well, it depends the coin or token. Even the top 10 coins on coinmarketcap are not immune to biting the dust or exit scams
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Well, it depends the coin or token. Even the top 10 coins on coinmarketcap are not immune to biting the dust or exit scams
we can not avoid the scam that is clear and real because until now there is no mechanism that can and is able to solve problems like this. seems to have taken root and become a very lucrative field of livelihood for people who actually live from such actions.
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in a long time, it is certain that there will always be changes, even for the best ranked coins at this time. because there will always be a new coin that might be better than the one currently ranked. so don't always trust the coin to hold it for a long time other than of course bitcoin and ethereum, because for these two coins have good characteristics and have become icons of crypto.
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No one could ever tell if your idea is either good or bad because no one knows what are going to be the cryptos status in the near future. I think the best thing you should do is to keep any of your coins intact and if you think there's this chance and face a big opportunity like if it rises uncontrollably then you may grab and take that opportunity immediately. Ten years is way too long to wait for an unsure and unguaranteed fate or situation. Well, it depends on you anyway.
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in a long time, it is certain that there will always be changes, even for the best ranked coins at this time. because there will always be a new coin that might be better than the one currently ranked. so don't always trust the coin to hold it for a long time other than of course bitcoin and ethereum, because for these two coins have good characteristics and have become icons of crypto.
I agree with you on the Bitcoin and Ethereum part. Even if I was to hold some coins for that long, It would only be these two coins because like you mentioned, they have good characteristics and have proven this other the years and on the other hand, I also agree with @nicecrypto
I really don't think I will HODL one coin or Bitcoin for Ten years straight because that period of time might be two or more BULL run circles. I believe I would rather sell at every ATH in between those ten years and buy back to increase my bag of Bitcoin. ;)
I would rather sell when the price is high and buy back when the prices drop like in every bull and bear market, that way we are able to accumulate more and increase the profit margin as well.
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In my opinion, storing assets for a very long time can give you a lot of profit, it's just that you have to buy coins that have potential such as bitcoin and some other potential coins because if you buy shitcoin it will only make you lose.
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10 years is a long time but I am sure that during that year there will be ups and downs of various coins in the crytpocurrency space and must have gone through a phase that is very difficult to see.
I still miss when Bitcoin was at 100-300 USD because at that time of year I was very happy when all altcoins were thrown away like useless things. LOL
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Funny enough, this is my intention for most of my metaverse tokens especially Arcade2earn. I love holding quality projects for long term, it’s capable of making a person a multimillionaire which is what I want. I believe in long term holding and it works magic though patience is required
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So this is not the first time you are trying to focus on the product you mentioned
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You can choose a new coin or token with a clear road map, I don't have any suggestions for old coins, but you can see new coins like ARC, this coin has an open source blockchain and is doing great in the crypto space , if you see a similar project you can invest in these platforms, but make sure the coins are listed on the best exchanges, arcade is the best project for me so far
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Good for you where some of the potentials coins that are on top in the market, is you have in your wallet now. Isn't 10 years is too long for waiting Sir? anyway, this is just a thought and question only though its your coins anyway. Well, for me Bitcoin, Eth, Bnb, Ada, Mana, Alice, Matic, and Dot are good for this matter.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
Are you sure crypto will be the same it is right now after ten years? You know what is the 2nd coin in crypto history? It's name is namecoin which i think still exist but with no volume. I think having a flexible plan could be more convenient because we should took actions according to current circumstance. Holding no matter what is not the best option.
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In my opinion, storing assets for a very long time can give you a lot of profit, it's just that you have to buy coins that have potential such as bitcoin and some other potential coins because if you buy shitcoin it will only make you lose.
Any cryptocurrency can eventually lose its value for various reasons, including in terms of price. Therefore, it is hardly worth counting on holding any cryptocurrency for more than a few years. So far, only a few cryptocurrencies manage to grow in price during this time. In any case, you need to watch the movements in this market and be ready to make other decisions very quickly and refocus on other, more potential coins.
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Cryptocurrency investment is always risky investment so you need to decide how much you will go for invest but one thing i want to suggest you that if you decide to invest you need to learn about crypto currency investment.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
As long you can afford, then that is on you. Our risks, our responsiblity. I would rather give BTC a few years unless there is a “last resort” financial emergency. So far, the major crypto that I am holding for a long while is Ethereum. I’ve bought and hold it since the early 2020 when the price was still around $180 to $200 range and so far so good.
DCA (dollar-cost averaging) is a great strategy if we want to hold Bitcoin long term to build our wealth. overtime. You can’t really predict on the price though, because you can’t control or instruct the chart to go high, low or tread water. It’s all about managing your risks very well while planning to hold BTC for 10 long years.
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10yrs seems so long to hodl. But if it is an undervalue project and has got the potentials, then one can give it a chance.
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Ten years is really much to hold a coin. No one knows the future of the market or a particular project. Holding BTC and ETH for ten years is not a bad Ideal. They have already gained trust in the crypto market. Their value will keep increasing. I am not too confident holding other coins or token for ten years.
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Ten years is really much to hold a coin. No one knows the future of the market or a particular project. Holding BTC and ETH for ten years is not a bad Ideal. They have already gained trust in the crypto market. Their value will keep increasing. I am not too confident holding other coins or token for ten years.
Previously I've also commented like this above, I don't think this is possible. Ten years is long enough, and by that time there must have been a pump and dump in a Crypto coin. I'm not sure they will be strong enough to see the temptation, every time they see they have made a big profit they will definitely sell it even though it's not even 10 years old.
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I am planning to hold the little amount of cryptocurrencies I have right now for the next ten years and which can be the time when I can use the coin for some retirement plans. Last year, I lost a big chunk of my BTC holding because of a big mistake and I decided that in 2021 any Bitcoin I can have will be put into a decade hold plan. I also have a little of Ethereum and PolkaDOT which I believe can also be surviving the rigors of time and the harshness of the market.
Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
If you want to hold crypto for ten years, I think it's risky.
Because we didn't know what happen in crypto for along years ago.
Ten years is too long.
Maybe we should hold for three or five years again, I agree with this opinion.
Although bitcoin was proven about more valuable.
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It is possible to store cryptocurrencies for a long time, but in general this is not a good idea. Cryptocurrency continues to develop rapidly, it is greatly influenced by various events of our objective reality. It is necessary to track all the processes that affect it and sometimes quickly make a decision about their purchase, sale or transition to new types of it. Of course, coins with a high level of capitalization are more reliable, but in general, the whole cryptocurrency requires constant attention.
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Everyone who trader and invests in cryptocurrency, of course, the expected profit. I will sell my coins if they are in a bull run. I'll take my profit and buy it again when the price drops. In essence, if you can follow and study the price movements of coins in the market, then you will often make a profit.
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Holding crypto for 10 years is a very very long time horizon to make huge money because in any market if you are an investor for long time you will definitely make good profit because for short time there is much more volatility in market and if you hold good project which have potential future then you might gain 5x to 10x .
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Do you think this can be a good idea or could there be a better one that can put more profits into my crypto holding without really exposing them to danger? And aside from BTC, Ethereum and DOT what other coins that must be deserving to be included into this 10-year plan?
It is a good idea to hold a coin for 10 years, there should be a big change in its price. But this requires big patience because you need to hold a very long time, not all people can have that patience. That's why many people only hold around 5 years, take profits in the next Bullrun period.
What coin to buy besides BTC, ETH, or DOT?
For me, BNB should be the recommended coin to buy. BNB is the token of the best exchange in the world. Its value is always growing fastly. If you are holding for 10 years, you probably get big profits.
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In my opinion, there is not and cannot be a single approach to the issue of the duration of holding our cryptocurrencies. It is advisable to keep some coins or tokens for a long time, others only for a short time. At the same time, it is hardly worth setting yourself the goal of holding some kind of cryptocurrency, even the most promising one, for as long as 10 years. During this time, many things will surely change, including it may lose its value or even disappear from the cryptocurrency market.
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One should plan like you so that in old age one can use the funds to meet out their expenses. You have selected all the high potential top coins I hope in the long-term they all will pay you a good return apart from this you can check Solana, BNB, Matic, and Ada also I hope these will also perform well in the long-term.
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One should plan like you so that in old age one can use the funds to meet out their expenses. You have selected all the high potential top coins I hope in the long-term they all will pay you a good return apart from this you can check Solana, BNB, Matic, and Ada also I hope these will also perform well in the long-term.
Yeah, I think Solana, BNB, Matic, are good coins for hold.
We can hold those for long term investment.
I already invest in those and starting to hold until the next year, Hopefully those coins will more expensive and touch new ATH. Can give us more profit.
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Cryptocurrency investment is always risky investment so you need to decide how much you will go for invest but one thing i want to suggest you that if you decide to invest you need to learn about crypto currency investment.
Ten long years, it sounds nice.
But I don't think to invest more than 5 years for hold.
It's risky and we don't know what happens at the coming future.
But If you have free money maybe top coins will be good choice to invest for long term.
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i think it is pretty obvious that you can achieve the highest potential profit, as the price of the tokens during a bear market is obviously lower than during a bear market. The big problem is that during a bear market there is a lot of uncertainty and doubt present and only people that are really convinced cryptos in general and also about specific projects will have enough confidence to invest during a bear market.
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I think holding them for 10 years is a way yoo long dude, due to that you can earn several times if you do it in a short term way trafing rather than in long term holdings in my own opinion only.
And this is already proven and tested as well.
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Ten years for a cryptocurrency is a very long time. We don't know what will happen to decentralized cryptocurrency in another ten years.
10 years isn't too long time if your target is a long-term investment. But yes, most people invest less than 5 years, many people prefer a short-term holding for their coins/tokens. The reason is they don't want to take a bigger risk for holding more than 5 years. Because 5 years above is a long time and there should be many changes as you think above.
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The cryptocurrency market is very dynamic and what was a top coin today may cease to exist tomorrow.This is important to understand when you invest.
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Don't worry guys. Unlike stocks, bonds, and real estate, crypto assets are unlikely to be affected by rising interest rates.
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Right now i only trust and believe in the long term sustainability of 3 major coins, particularly Bitcoin, Ethereum, BNB and Matic. These are to myself the sure digital gems that holding them could make me super rich and happily retiring in the near future.
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It's never a good idea to hold crypto for long. That's a common rule of thumb in crypto, and it's even been a part of the lexicon: there was that time that someone made the phrase HODL into an acronym—"Hold On for Dear Life." But too often people have held on for way too long. There are many reasons why it might be profitable not to hold on for dear life, and plenty of times when it could make sense to sell sooner than you think.
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It's never a good idea to hold crypto for long. That's a common rule of thumb in crypto, and it's even been a part of the lexicon: there was that time that someone made the phrase HODL into an acronym—"Hold On for Dear Life." But too often people have held on for way too long. There are many reasons why it might be profitable not to hold on for dear life, and plenty of times when it could make sense to sell sooner than you think.
I agree that you do not need to blindly adhere to any one strategy at all stages of both your own development in the topic of cryptocurrencies and the entire market as a whole.
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Right now i only trust and believe in the long term sustainability of 3 major coins, particularly Bitcoin, Ethereum, BNB and Matic. These are to myself the sure digital gems that holding them could make me super rich and happily retiring in the near future.
For certain coins that have long-term prospects, it is certainly very desirable to hold them. of the four you said and the details are as follows;
bitcoin :will always increase after the halving occurs and it will continue to roll every 4 years.
ethereum : if eth2.0 is present it will make many projects will return to erc2.0 network which is low cost and even better speed.
BNB: BSC network is currently being targeted and used because it is cheap to pay, so we know that BNB is being targeted, see the impact last year increased sharply and in the long term it will continue to be targeted as an attractive investment.
Matic: maybe if ethereum has returned to normal it will be left because the network used is the same.
Bitcoin, Ethereum, BNB are worth investing in and can be held for a long time, but I see the prospects for BNB are huge.
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top 10 coins are always become good chance for long term investment.
It will be considered, if you want to hold for ten long years.
Because those are more safe and has been predicted will have great future.
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It's never a good idea to hold crypto for long. That's a common rule of thumb in crypto, and it's even been a part of the lexicon: there was that time that someone made the phrase HODL into an acronym—"Hold On for Dear Life." But too often people have held on for way too long. There are many reasons why it might be profitable not to hold on for dear life, and plenty of times when it could make sense to sell sooner than you think.
Holding is ultimately the best winning strategy as far as i can tell. But as you have mentioned, there are moments when holding is not the best strategy, yes it's true when the asset in question have been super highly over valued. But with a very good entry from and undervalued rate, hodling is the best strategy!
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I think that is pretty good since crypto is getting a good amount of mainstream adoption and love. You may also think of hardware wallets, they may come in handy for security reasons
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Right now i only trust and believe in the long term sustainability of 3 major coins, particularly Bitcoin, Ethereum, BNB and Matic. These are to myself the sure digital gems that holding them could make me super rich and happily retiring in the near future.
Of course, if you keep all cryptocurrencies for ten years, then this will not be the right decision. Many of them are likely to leave the market, others will practically depreciate. The top ten coins from the CoinMarketCap table have many chances of success, but they can undergo various changes over such a long time. It must be taken into account that the cryptocurrency continues to develop rapidly, so we need to control such changes and always be ready to make the right decisions in time.
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It's your choice but I would suggest not to take such long term goal commitments. You can definitely hold for some calculated years. But since the market is very volatile and its unpredictability makes it very uncertain what the market position will be after 10 years.
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If it is less risky to invest in anything, it is in bitcoin and Ethereum. If you look at the top 20 coins a few years ago, you will almost not see a single famous ticker.Keep this in mind.
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Right now i only trust and believe in the long term sustainability of 3 major coins, particularly Bitcoin, Ethereum, BNB and Matic. These are to myself the sure digital gems that holding them could make me super rich and happily retiring in the near future.
Of course, if you keep all cryptocurrencies for ten years, then this will not be the right decision. Many of them are likely to leave the market, others will practically depreciate. The top ten coins from the CoinMarketCap table have many chances of success, but they can undergo various changes over such a long time. It must be taken into account that the cryptocurrency continues to develop rapidly, so we need to control such changes and always be ready to make the right decisions in time.
I agree, ten years is a time when there may be changes that can happen to crypto because it is the nature of crypto itself. But we can see the trend of some coins which have changed well and they have a team that continues to develop , so don't hesitate to put it on a coin whose development is going well.
the best ranking in CMC/CG is the best way to do if we don't want to analyze, if you want to take a good look then I think it's good to be able to put btc,eth,bnb on a very reliable ranking.
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Of course, you can keep cryptocurrency for ten or more years. But at the same time, we must control the price movements in this market, as well as what happens to the specific coins and tokens that we hold. Therefore, you can hold cryptocurrency as long as you like, but at the same time, we must be ready to quickly make the right decisions in response to changes in this market.
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We all know our needs are unlimited so holding for 10 years really seems to be a big task to achieve. If you hold it for 10 years long time I believe you will manage to book huge profits by then because I don't think crypto development will stop in the coming years. Your planning is good. You have already chosen the best apart from this you can hold BNB and Matic too.
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I think this is a very good idea.. for a very long time if the project of one of the coins is good and clear, I'm sure it will definitely be profitable. 10 years is a long time and surely your wait was not in vain.
I also did the same thing, one of the coins I hold and will keep for a very long time is the shiba inu.
if i feel lucky i will make a decision.
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We all know our needs are unlimited so holding for 10 years really seems to be a big task to achieve. If you hold it for 10 years long time I believe you will manage to book huge profits by then because I don't think crypto development will stop in the coming years. Your planning is good. You have already chosen the best apart from this you can hold BNB and Matic too.
Of course it takes patience, maybe people rarely do this intentionally, some people store tokens in certain wallets and then forget them until a few years later, when they reopen and become rich.
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10 years is a big number. I do not know what will happens by that time and crypto will be the same as it is right now. Maybe we will see a long crypto winter where prices will not move for a very long time. But for that long time only holding bitcoin will be less risky. If it is altcoin you are thinking about rethink about your decision.
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besides altcoins holding eth or bnb for a long time may be more of a risk, of course it requires a lot of capital ... to hold altcoins with small capital and without worry why should you try big coins with big potential losses too?
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In my opinion, there is not and cannot be a single approach to the issue of the duration of holding our cryptocurrencies. It is advisable to keep some coins or tokens for a long time, others only for a short time. At the same time, it is hardly worth setting yourself the goal of holding some kind of cryptocurrency, even the most promising one, for as long as 10 years. During this time, many things will surely change, including it may lose its value or even disappear from the cryptocurrency market.
there are always certain criteria with every coin, some are worth holding on to in the long term and some are short term.
because the possibility as you say is very likely to happen within 10 years,
- disappeared from the market
- decrease in value
- increase in value
so you really have to be sure of the coins that will be stored for a long time. maybe that can convince only Bitcoin, Ethereum, BNB only and others still have to be thought about properly.
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Each investor has a lot of coins in his investment portfolio that have been lying there for more than 10 years and they understand that not all cryptocurrency has brought good dividends.