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Author Topic: Holding Cryptos for Ten Long Years  (Read 30016 times)

Offline KKH84

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Re: Holding Cryptos for Ten Long Years
« Reply #75 on: January 29, 2021, 10:36:41 AM »
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
Indeed, there is a possibility that the assets we keep for too long have no value at the end.  However, if you are optimistic about the future of the coins that have been stored and are willing to bear all the risks that are in front of your eyes, no one has the right to blame him, because all decisions are in his hands.

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Re: Holding Cryptos for Ten Long Years
« Reply #75 on: January 29, 2021, 10:36:41 AM »

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Offline youdacapt

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Re: Holding Cryptos for Ten Long Years
« Reply #76 on: January 29, 2021, 01:20:24 PM »
In my opinion; i think crypto currency is not a place where you just buy tokens and lock up and decide to wait for 10 years; no it doesn't work that way. Crypto currency market is a growth market; which means you have to keep tabs, research, stay updated even while hodling; so that you do not miss even the smallest information such as token swap, migration, ath etc. Some tokens perish too; would you wanna risk that ?

If you want to hodl tokens for a whole decade; i advise u to focus on bitcoin, etherum, litecoin and other top top tokens on coinmarketcap; but also do your own research, nobody expected xrp to struggle.

Offline trauchot

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Re: Holding Cryptos for Ten Long Years
« Reply #77 on: January 29, 2021, 02:29:46 PM »
If you want to hold your cryptocurrencies for 10 years, then of course you need to invest only in the most top cryptocurrencies and here of course the choice is very huge and I would advise you to invest in bitcoin, ethereum and binance coin, since I am sure that everything with these cryptocurrencies will be fine in the future.
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Offline ashraf786100

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Re: Holding Cryptos for Ten Long Years
« Reply #78 on: January 29, 2021, 02:46:48 PM »
This is too long a time For so long I've had something like a bitcoin that took just as long to unlock. But I don't see any promising projects that will grow and survive in the long run.
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Offline ranaprime

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Re: Holding Cryptos for Ten Long Years
« Reply #79 on: January 29, 2021, 03:05:17 PM »
Ten years is very long time. It will be definitely good decision for making good money. By this technique you can be a rich man because some coins are very much less price if you buy some coins and then those can go to the moon after 10 years later.

Offline owlest

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Re: Holding Cryptos for Ten Long Years
« Reply #80 on: January 30, 2021, 04:09:59 PM »
Ten years is very long time. It will be definitely good decision for making good money. By this technique you can be a rich man because some coins are very much less price if you buy some coins and then those can go to the moon after 10 years later.
Correct, but there are several nuances here. The first is confidence. Personally, I'm not sure that even Bitcoin will last that long (I'm a big pessimist in life). The second is the team itself, to what extent it will develop the project. In general, if you hold for that long, then the asset needs to be closely monitored.
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Offline ALTdetectoR

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Re: Holding Cryptos for Ten Long Years
« Reply #81 on: January 30, 2021, 04:46:40 PM »
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?
You don't need to hold too many coins for the next ten years. You simply hold 1 bitcoin or 5 bitcoin for your future after you retire.
But if you want to hold even more coins than bitcoin and ethereum I will try to advise you.
Hold AAVE and BNB. AAVE has great potential for the future. It is proven if the owner of AAVE has tried contract migration twice and the result is that each coin migration has an increase in price. It has great potential in the future.
And for BNB, who doesn't know BNB coins. BNB coins are the native coins of Binance and Binance has a large community. And BNB every turn of the month they burn coins which causes scarcity of coins and the supply of coins becomes less. When the supply becomes less, the price will automatically become higher. This has great potential in the future too

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Re: Holding Cryptos for Ten Long Years
« Reply #81 on: January 30, 2021, 04:46:40 PM »


Offline bitcoin-shark

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Re: Holding Cryptos for Ten Long Years
« Reply #82 on: January 30, 2021, 05:31:09 PM »
keeping bitcoins as a safe haven asset is a great idea but maybe the 10 year period is too big, i would do so 3 years and a goal for example if it exceeds 60k $ to sell

Offline pealr12

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Re: Holding Cryptos for Ten Long Years
« Reply #83 on: January 30, 2021, 05:43:31 PM »
It is a good idea provided the project I'm question is still existing and developing, there is no question about btc existing long term but rest alts is what you should worry about, 10 years is a long period and any project that can weather the storm till then will be more respected and valuable.

Offline nakmantu99

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Re: Holding Cryptos for Ten Long Years
« Reply #84 on: January 30, 2021, 06:16:33 PM »
keeping bitcoins as a safe haven asset is a great idea but maybe the 10 year period is too big, i would do so 3 years and a goal for example if it exceeds 60k $ to sell

I agree hold for max 3 years. But for 10 ten years, I don't agree It is so long. Crypto currency is unpredictable. We don't know, what would happen at the coming future. The coins is still alive or not. It is not profitable and more risky

Offline Octoalts

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Re: Holding Cryptos for Ten Long Years
« Reply #85 on: January 30, 2021, 06:46:35 PM »
It is a good idea provided the project I'm question is still existing and developing, there is no question about btc existing long term but rest alts is what you should worry about, 10 years is a long period and any project that can weather the storm till then will be more respected and valuable.
If what you hold is an Altcoin that is in the top 10 list, maybe it can still be safe, but I believe that the plan to hold for 10 years has been carefully considered and of course the Altcoin that is held is the best.
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Offline Bitstar_coin

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Re: Holding Cryptos for Ten Long Years
« Reply #86 on: January 30, 2021, 06:50:16 PM »
Bro do you know what you are saying! 10 years is no joke, that's a decade of holding a coin, are you sure you will be able to resist all temptation both in crypto space and real life to hold for 10 long years! Remember you can't predict the future, anything can happen in the process then you will wish you had sold when you have the chance.
I don't think I will be able to hold that long.

Offline debra

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Re: Holding Cryptos for Ten Long Years
« Reply #87 on: January 30, 2021, 11:25:15 PM »
If you are going to hold crypto for log term Holding, in ten years later, make sure that you hold the top coins. IT is better to hold BTC or ETH only. Because it will be too risky if holding shitcoins. So, it is better enough to check and do analysis in the crypto before taking it for the long term investment
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Offline mohdelayo

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Re: Holding Cryptos for Ten Long Years
« Reply #88 on: January 30, 2021, 11:37:53 PM »
Well if one have enough resources and throwing some will cause zero pain or worry, then holding for a decade will be a tremendous opportunity as not many have resource to throw away like that rather they can hold for awhile while watching the market and getting updates on assets situations.

Offline Jacky

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Re: Holding Cryptos for Ten Long Years
« Reply #89 on: January 30, 2021, 11:48:34 PM »
I am not a good long term investor or holder so that I will make the investment maximally for 5 years. And it is also absolute to check and recheck about what coin will be invested. If the coins are in the top 10, I will be sure that they may be  more and more valuable. But if they are not, they may end as chistcoins

 

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