Holding Cryptos for Ten Long Years

[satpol_PP]

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.

[Anonylz]

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.

[Jaephoenix]

Well, it depends the coin or token. Even the top 10 coins on coinmarketcap are not immune to biting the dust or exit scams

[yohananaomi]

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.

[lepbagong]

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.

[Marivic27]

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.

[KaliLinux]

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.

[pieppiep]

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.

[kent47400]

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

[Cavin]

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

[Speaker]

So this is not the first time you are trying to focus on the product you mentioned

[Buppa]

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

[gunhell16]

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.

[Istiak]

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.

[Astra]

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.