Holding Cryptos for Ten Long Years

[Giangphuong8489]

In my opinion, this crypto is very volatile, so if we hold on for too long for ten years I think we will lose a lot of opportunities. Don't be too greedy to be able to get huge profits.

As you said, the 10-year strategy is more risky than opportunity, because after 10 years, maybe all the tokens in our wallet have disappeared from the market.
Maybe we should just keep Bitcoin.

[Bobcrypto]

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?

In short, you have a perfect idea. A 10 years investment plan is va ery good plans and I also planned to hold some of my coins for 8years. Just consisider those that bought bitcoin in 2019 and are still holding, honestly it has become a wonderfull venture if they had a 10years plans like yours.
In a nutshell, it is an excellent idea to hold bitcoin with some notable altcoins for 10uears. Keep holding, Bitcoin is landing in the moon.

[Fenix]

In my opinion, this crypto is very volatile, so if we hold on for too long for ten years I think we will lose a lot of opportunities. Don't be too greedy to be able to get huge profits.

As you said, the 10-year strategy is more risky than opportunity, because after 10 years, maybe all the tokens in our wallet have disappeared from the market.
Maybe we should just keep Bitcoin.

You shouldn't expect to keep some kind of cryptocurrency for ten years or more. Cryptocurrency is developing very quickly, but on the other hand, it is still a poorly studied and unpredictable financial asset. Therefore, it is advisable to monitor all new processes in this market and always be ready to invest in more advanced types of cryptocurrencies. We don't know what could happen in another ten years. Most likely, more than half of the current cryptocurrencies will simply disappear by that time.

[Jaephoenix]

Definitely a good investment plan. Hodling is a huge patience and endurance test for many, especially I extreme periods. I would also advise to add Stellar Lumens to that list. A good one

[labonikhatun]

It takes patience to keep the crypt for a long time crypto can never last long without patience there are many traders who can't wait long so they don't choose day trading however, long term investment for bitcoin investment is more profitable. If you invest and hold on to bitcoin the price will increase in a few years.

[David0]

The 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 my hope.

[Cutter Cute]

Ten years for long-term investment, I will choose the top coins in my portfolio and in the following years there will definitely be new projects that are better than the current coins, no one knows what will happen, so I will choose 10 up to 20% of my portfolio for the long term

[pacar_tiri]

Ten years for long-term investment, I will choose the top coins in my portfolio and in the following years there will definitely be new projects that are better than the current coins, no one knows what will happen, so I will choose 10 up to 20% of my portfolio for the long term

Yes, I agree If you want to invest for along years, I think We should choose top 10 coin. They'd are more safety and I believe They will survive for along years again. Don't hold new coin, It is too risky

[Delgboke]

I don't really think is an bad idea for holding a coins for a longer periods of ten good years, if you are sure of the crypto currency project that you are planning to hold for that long is a good one but don't also forget the risk of long term investment in digital currencies.

[sergeybobrov]

Investments don't like fuss and a 10 year retention plan is a very good strategy.  It is better to choose classic coins from the oldies BTC, Ethereum, LTC, DASH, ETC and several new coins of DeFi projects.

[Lanirex]

Definitely a good investment plan. Hodling is a huge patience and endurance test for many, especially I extreme periods. I would also advise to add Stellar Lumens to that list. A good one

But that is a very long time, in my opinion we better follow the prices in the market. So when the price goes up high we sell the coins that we hold even though the time is not yet 10 years, then we wait for the price to go down to buy it again. Because in that 10 year period, there must have been several increases and decreases in prices, that way we will get more profit.

[Btceth01]

But it is very difficult to say what happens in cryptocurrency at any time. We have been seeing for a long time that the market goes much better at one time and sometimes worse at another.  However, those who invest for the long term can make a lot of profit.  Again a lot of times a lot is lost.  But one thing is if you hold a coin for ten long years then you will definitely get high profit later.

[Kseniya17]

I totally agree what is the point of holding 10 bitcoins for 10 years if you can at least double the number of coins in 10 years by falling and rising prices.

[sair786]

іf you hоld a crypto іnvеѕtmеnt fоr аt lеаѕt оnе уеаr bеfоrе ѕеllіng, уоur gаіnѕ qualify fоr the preferential lоng-tеrm capital gаіnѕ rаtе

[David0]

It Definitely a good investment plan. 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.