Holding Cryptos for Ten Long Years

[hobo66]

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.

[owlest]

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.

[Dora Walletinvestor]

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.

[tonymillions84]

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.

[coinliker]

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/

[owlest]

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.

[Zezari]

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.

[Doctor]

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.

[Bits]

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!)

[owlest]

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.

[Debasco]

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

[Orange89]

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

[nicecrypto]

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.

[owlest]

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?

[Freemind]

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...