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Author Topic: Can I hold my altcoin for years in my wallet?  (Read 3008 times)

Offline imikocha1994

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Can I hold my altcoin for years in my wallet?
« on: August 30, 2018, 09:39:52 AM »
•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?

For example

I got a Klarity token and I got no gas so I will leave it there for a year or two.

•Any chances of value getting higher? Or it will die to years later?
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Can I hold my altcoin for years in my wallet?
« on: August 30, 2018, 09:39:52 AM »

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Online bitbit97

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Re: Can I hold my altcoin for years in my wallet?
« Reply #1 on: August 30, 2018, 09:42:35 AM »
You can hold any coin for what ever period you want. Just keep wallet safe and dont loose private key
Having gas is not a problem.

Any chances of value getting higher? - depends on the market. It can hardly be predicted
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Offline KobbyC

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Re: Can I hold my altcoin for years in my wallet?
« Reply #2 on: August 30, 2018, 10:27:35 AM »
You can leave your tokens in your wallet for more than a year, If the project does not die out, then you can leave it till the end of the world. Chances of its increase depend on the success of the project.

Offline owmivmen

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Re: Can I hold my altcoin for years in my wallet?
« Reply #3 on: August 30, 2018, 10:53:00 AM »
No one can predict whether the tokens you put in your wallet will have a good price in the future unless the project is very good and has a lot of interest in the market.
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Re: Can I hold my altcoin for years in my wallet?
« Reply #4 on: August 30, 2018, 11:01:08 AM »
If you buy a crypto currency and forget about it for a while-you will not only be able to increase your investments, but also save your nerves.This is very important.
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Offline DanielMidy

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Re: Can I hold my altcoin for years in my wallet?
« Reply #5 on: August 30, 2018, 11:08:54 AM »
Not all currencies have long-term value. At the moment, new altcoins are constantly emerging and vanishing, most of them are empty with a white paper, without real value, or without a strong #DevelopmentTeam . Therefore, the short-lived altcoins abound. Worse, the altcoin you invest in may be a scam! Therefore, before choosing to invest in any cryptocurrency for a long time, you must first determine whether the altcoin has potential. I still do not recommend long-term investment in an altcoin unless you have faith to the fullest. This risk is relatively large and the return is small. A portfolio is a good choice. If you want to invest in a cryptocurrency for a long time, please choose a cryptocurrency with a strong popularity, such as Bitcoin, Ethereum. Although the prices of these coins are relatively volatile. Btc price dropped dramatically since at the end of 2017. Eth market meets bearish sentiment in this several months. But for long-term periods, there is a lot of room for growth in the future. So long-term investment in these big currencies is a good choice. Of course, if you are really optimistic about an altcoin, you can, of course, buy it after a hard job of research. However, it is not recommended to hold an altcoin for a long term.
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Re: Can I hold my altcoin for years in my wallet?
« Reply #6 on: August 30, 2018, 11:10:21 AM »
This is your wallet my friend, which means as long as you have the private key, you can hold your tokens as long as you like, value can increase or decrease whether you have it on your wallet or not.
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Re: Can I hold my altcoin for years in my wallet?
« Reply #6 on: August 30, 2018, 11:10:21 AM »


Offline sibolis

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Re: Can I hold my altcoin for years in my wallet?
« Reply #7 on: August 30, 2018, 11:54:10 AM »
Of course you can as long as you have all the password or private key in the safe place but the value of your coin always depend on the market.  You could be a millionaire if you lucky your coin price go to the moon after years or else.

Offline cryptofunn

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Re: Can I hold my altcoin for years in my wallet?
« Reply #8 on: August 30, 2018, 11:55:08 AM »
technically, if the project does not scrape, then you can keep the coins as long as you want. Even when the project does not exist, if all exchanges do not remove this coin from the listing, you can even sell it

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Offline Claus

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Re: Can I hold my altcoin for years in my wallet?
« Reply #9 on: August 30, 2018, 11:57:07 AM »
You can choose to HODL as many years you want but it depends on how you can keep your wallet so safe that it won't be broken into for your tokens to be stolen.

Offline Word

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Re: Can I hold my altcoin for years in my wallet?
« Reply #10 on: August 30, 2018, 12:03:30 PM »
of course you can save your altcoin in your wallet, even though you have saved them for years I think it's also safe and also a good way you can get many benefits.

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Re: Can I hold my altcoin for years in my wallet?
« Reply #11 on: August 30, 2018, 12:15:25 PM »
You can hold your alts in your ETH wallet for as long as you want but the problem starts if the project moves to their own blockchain or any other non-ETH infrastructure. In this case you have to claim your tokens in a swap so if you "forget" about them, your old tokens could become useless.

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Re: Can I hold my altcoin for years in my wallet?
« Reply #12 on: August 30, 2018, 12:23:44 PM »
You can hold your coins as long you want and as long project works and i wouldnt suggest keep coin in exchange wallets anyway.

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Re: Can I hold my altcoin for years in my wallet?
« Reply #13 on: August 30, 2018, 12:25:03 PM »
It's  a good choice holding your coins / tokens on your wallet if you think that coins or tokens really have a great future and after holding it a year or two you will see how much money you will have on that wallet  ;)
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Re: Can I hold my altcoin for years in my wallet?
« Reply #14 on: August 30, 2018, 01:06:51 PM »
I got a Klarity token and I got no gas

Not having gas is not really a valid reason to leave coins in your wallet long term. No harm in holding long term, but don't do it blindly. Keep an eye on the price fluctuations and make your decisions accordingly. Like someone has already mentioned, not every project will survive, so if you get an opportunity to take profit, don't dismiss it immediately. As the old saying goes, 'A bird in the hand is worth two in the bush'. 
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