- USD
- $1.9200USD
- Biznotes
- 0
Many experts believe that crypto coins will have a great value in the next 10 years, so it might be a good idea tio hold coins for the next 10 years. But please remember that you must not invest all of your money.
Yes, BTC being with us is a great addition dear. Investing into Cryptocurrency for 12-18 months is indeed a long term investment.I do wish people would realize that bitcoin is one of a kind ànd it may be impossible to get its growth replicated in another coin. What long term hodling means for me is a maximum of 1 year or at most 18 months. I wouldn't marry any coin unless its btc or ETH.
It is possible for you, cos I've seen that deal in you to carry on with BTC investment for long and follow those of your fellow country people to sit in the podium of millionaire's status.Ten long years of holding the currency is acceptable for me. Just take for example what happened to bitcoin, Since bitcoin was created, the price of bitcoin soared high a thousand times. Unlike other cryptocurrency today bitcoin is the leader and the most famous among cryptocurrencies.
That is correct. ten years of holding the cryptocurrency coin is very very long time. I think I can hold the coin for just one year but to hold it for ten years can really be so long. I laughed out loud at your words that you will tell your siblings about the ten years of holding cryptocurrency if something happens.Even though I'm a kind of person that like long term investment but 10+ is too much and even if I'm do do it i will tell my siblings about it so that if something happened they can access it.
If you checked the market now, you'll come to understand that some coins are still undervalued due to the effect of the bearish run. Investing now till such duration will present you with better ROI.I can only consider holding coins for that long if the coin is undervalued now so that it will gain value within such time but otherwise i will not.
That is true, but the reality is in being able to exercise patience and wait for this lengthy period of years before selling to take profits.If you checked the market now, you'll come to understand that some coins are still undervalued due to the effect of the bearish run. Investing now till such duration will present you with better ROI.
I don't think leaving it for that long is a good idea because of the uncertainty nature of crypto currency market what of if the price didn't appreciate much in 10 years.I will leave my coins for years, but I am not certain if I can be patient enough to make them wait for up to 10 years. I can leave my WIN tokens though.
Yes, patience is needed when it comes to Cryptocurrency investment. Any one who isn't exercising patience during the downtime of the market isn't going to see profit.That is true, but the reality is in being able to exercise patience and wait for this lengthy period of years before selling to take profits.
Majority of people via forums are talking about reaping thousands of dollar interest holding on to their Cryptocurrency. But the truth is that, before such interest manifest one needs to cultivate such endurance spirit to holdl the coins for years.
Those who hold their BTC before the value grew to matching their expectation, did it for years. Believing that the turnaround in the price of BTC to a very high level will materialize, and it worked for them.
Be honest, do you think you can hold your coins long up to 10 years to earn big like those early BTC holders?
Yeah, those core crypto traders, leave their coins for long. If those early BTC traders never did that, leaving their coins for long, they wouldn't have achieved great success today.Seriously, I believe that is very possible for a cryptocurrency investor to actually leave his coin untouched for 10 years or more because if you look at Bitcoin, I believe that there are some that have held their own more than 10 years.
That's richness in the calling, provided he or she picked the right coin for long term investment and invest reasonable amount of money too.Seriously if someone is able to allow his cryptocurrency to stay for 10 years before going to look on the coins appreciation once again the person is definitely going to become a very rich investor.