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Author Topic: Holding Cryptos for Ten Long Years  (Read 29502 times)

Offline bitbit97

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Re: Holding Cryptos for Ten Long Years
« Reply #15 on: January 23, 2021, 01:08:11 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #15 on: January 23, 2021, 01:08:11 PM »

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Offline dekafee79

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Re: Holding Cryptos for Ten Long Years
« Reply #16 on: January 23, 2021, 01:11:12 PM »
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

Offline Evgenklm

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Re: Holding Cryptos for Ten Long Years
« Reply #17 on: January 23, 2021, 01:11:18 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #18 on: January 23, 2021, 01:17:19 PM »
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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Offline Giangphuong8489

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Re: Holding Cryptos for Ten Long Years
« Reply #19 on: January 23, 2021, 04:15:02 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #20 on: January 23, 2021, 04:44:00 PM »
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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Offline Max Way

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Re: Holding Cryptos for Ten Long Years
« Reply #21 on: January 23, 2021, 04:46:53 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #21 on: January 23, 2021, 04:46:53 PM »


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Re: Holding Cryptos for Ten Long Years
« Reply #22 on: January 23, 2021, 04:53:40 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #23 on: January 23, 2021, 05:00:42 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #24 on: January 23, 2021, 05:49:36 PM »
Certainly holding crypto for ten years will bring more benefits. For a short time, the loss of investment remains stagnant.

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Re: Holding Cryptos for Ten Long Years
« Reply #25 on: January 23, 2021, 05:52:11 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #26 on: January 23, 2021, 05:56:23 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #27 on: January 23, 2021, 06:35:53 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #28 on: January 23, 2021, 08:15:51 PM »
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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Re: Holding Cryptos for Ten Long Years
« Reply #29 on: January 23, 2021, 08:48:03 PM »
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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