Holding Cryptos for Ten Long Years

[Aryan0058]

Cryptocurrency investment is always risky investment so you need to decide how much you will go for invest but one thing i want to suggest you that if you decide to invest you need to learn about crypto currency investment.

[cheezcarls]

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?

As long you can afford, then that is on you. Our risks, our responsiblity. I would rather give BTC a few years unless there is a “last resort” financial emergency. So far, the major crypto that I am holding for a long while is Ethereum. I’ve bought and hold it since the early 2020 when the price was still around $180 to $200 range and so far so good.

DCA (dollar-cost averaging) is a great strategy if we want to hold Bitcoin long term to build our wealth. overtime. You can’t really predict on the price though, because you can’t control or instruct the chart to go high, low or tread water. It’s all about managing your risks very well while planning to hold BTC for 10 long years.

[Lonen]

10yrs seems so long to hodl. But if it is an undervalue project and has got the potentials, then one can give it a chance.

[collinsjie]

Ten years is really much to hold a coin. No one knows the future of the market or a particular project. Holding BTC and ETH for ten years is not a bad Ideal. They have already gained trust in the crypto market. Their value will keep increasing. I am not too confident holding other coins or token for ten years.

[Octoalts]

Ten years is really much to hold a coin. No one knows the future of the market or a particular project. Holding BTC and ETH for ten years is not a bad Ideal. They have already gained trust in the crypto market. Their value will keep increasing. I am not too confident holding other coins or token for ten years.

Previously I've also commented like this above, I don't think this is possible. Ten years is long enough, and by that time there must have been a pump and dump in a Crypto coin. I'm not sure they will be strong enough to see the temptation, every time they see they have made a big profit they will definitely sell it even though it's not even 10 years old.

[anshor1]

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 want to hold crypto for ten years, I think it's risky.
Because we didn't know what happen in crypto for  along years ago.
Ten years is too long.
Maybe we should hold for three or five years again, I agree with this opinion.
Although bitcoin was proven about more valuable.

[Astra]

It is possible to store cryptocurrencies for a long time, but in general this is not a good idea. Cryptocurrency continues to develop rapidly, it is greatly influenced by various events of our objective reality. It is necessary to track all the processes that affect it and sometimes quickly make a decision about their purchase, sale or transition to new types of it. Of course, coins with a high level of capitalization are more reliable, but in general, the whole cryptocurrency requires constant attention.

[Aryan0058]

Everyone who trader and invests in cryptocurrency, of course, the expected profit. I will sell my coins if they are in a bull run. I'll take my profit and buy it again when the price drops. In essence, if you can follow and study the price movements of coins in the market, then you will often make a profit.

[helin9108]

Holding crypto for 10 years is a very very long time horizon to make huge money because in any market if you are an investor for long time you will definitely make good profit because for short time there is much more volatility in market and if you hold good project which have potential future then you might gain 5x to 10x .

[alltalk]

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?

It is a good idea to hold a coin for 10 years, there should be a big change in its price. But this requires big patience because you need to hold a very long time, not all people can have that patience. That's why many people only hold around 5 years, take profits in the next Bullrun period.

What coin to buy besides BTC, ETH, or DOT?
For me, BNB should be the recommended coin to buy. BNB is the token of the best exchange in the world. Its value is always growing fastly. If you are holding for 10 years, you probably get big profits.

[Noverteno]

In my opinion, there is not and cannot be a single approach to the issue of the duration of holding our cryptocurrencies. It is advisable to keep some coins or tokens for a long time, others only for a short time. At the same time, it is hardly worth setting yourself the goal of holding some kind of cryptocurrency, even the most promising one, for as long as 10 years. During this time, many things will surely change, including it may lose its value or even disappear from the cryptocurrency market.

[gurunanakji777]

One should plan like you so that in old age one can use the funds to meet out their expenses. You have selected all the high potential top coins I hope in the long-term they all will pay you a good return apart from this you can check Solana, BNB, Matic, and Ada also I hope these will also perform well in the long-term.

[Hisbullah]

One should plan like you so that in old age one can use the funds to meet out their expenses. You have selected all the high potential top coins I hope in the long-term they all will pay you a good return apart from this you can check Solana, BNB, Matic, and Ada also I hope these will also perform well in the long-term.

Yeah, I think Solana, BNB, Matic, are good coins for hold.
We can hold those for long term investment.
I already invest in those and starting to hold until the next year, Hopefully those coins will more expensive and touch new ATH. Can give us more profit.

[elbans89]

Cryptocurrency investment is always risky investment so you need to decide how much you will go for invest but one thing i want to suggest you that if you decide to invest you need to learn about crypto currency investment.

Ten long years, it sounds nice.
But I don't think to invest more than 5 years for hold.
It's risky and we don't know what happens at the coming future.
But If you have free money maybe top coins will be good choice to invest for long term.

[Ankit1999999]

i think it is pretty obvious that you can achieve the highest potential profit, as the price of the tokens during a bear market is obviously lower than during a bear market. The big problem is that during a bear market there is a lot of uncertainty and doubt present and only people that are really convinced cryptos in general and also about specific projects will have enough confidence to invest during a bear market.