Holding Cryptos for Ten Long Years

[TomPluz]

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?

[Astra]

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.

[zilzylian]

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

[Master107]

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.

[krypto4uvak]

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.

[Hometown]

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.

[vitek146]

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.

[nadyn]

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.

[crevbi]

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 

[batishta10]

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.

[Vladok]

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

[dragononcrypto]

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.

[Galaxy]

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.

[marcsymons]

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.

[indexx]

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.