Can you holdl your Crypto for 10+ years?

[Syldan]

Well, I personally can not hold my cryptocurrency for 10 years simply because I dont know what will happen in that 10 years to come. of it will be more profitable or the value will fall. No one can tell about it.

 

[Thinker009]

Yeah you can hold your cryptocurrency for even more than that amount of years depending on the extent and bthe target you want , because most people actually hold more than that amount of years and later wait to sell it for some time to make gains

 

[richee84]

It all depend on the type of coin one want to hold for that period of 10years. For some shitcoin that have little or no value for now can be left for a long period of time so it can have reasonablevalue by then. If I have shitcoin that have no value for, I can leave it for more than a period of 10years, by then it would have appreciate to a reasonable amount for me to sell.

 

[eLdavis]

It all depend on the type of coin one want to hold for that period of 10years. For some shitcoin that have little or no value for now can be left for a long period of time so it can have reasonablevalue by then. If I have shitcoin that have no value for, I can leave it for more than a period of 10years, by then it would have appreciate to a reasonable amount for me to sell.

Nice one but what about coins like Shiba or wakanda? There have been lots of talks about them and so many expectations from investors, do you think they are worth holding for some years?

 

[Bousine123]

Seriously I will not be able to hold my crypto currencies for more than 10 years because right now I will use it to buy things for my self and family, unless if a get a good job.

 

[Kennysplash]

I am actually a believer of hodling for a very long time. Since I prefer or to trading, I have purchased some coins and locked them up for over a year. Hopefully they will bring me good profits then.

 

[Josephjossy]

I don't think that I will hold my crypto for more than just one year, I will have to withdraw the money and invest it on something else, I think it will be a good investment to leave it for long

 

[tyrim88]

It is very much possible to hold on to your crypto for that long,because it is actually a market that requires edurence and patience,and one need not use hs regular income to do that,it is good on reserve cash.

 

[Riberet19]

I do not have much problem in Hodl my cryptos for a long time, I have many cryptos in the portfolio for 4 years right now, so if I am not in a hurry to sell my positions I think I could HODL for about 10 years, but it all depends on the circumstances of the market as well.

It must also be said that not all cryptos are for hodl 10 years, I could say that very few should be hodl so long, for example those with strong fundamentals such as Bitcoin, Litecoin or Ethereum

 

[Heatman]

There's a strong possibility of my holding the cryptocurrency that I have in my portfolio for 10 years or more. What's going on in the cryptocurrency world will play a big part in that happening because if the news and market behavior doesn't support holding for that long, then it's likely impossible for me to do so for 10 years. There's a time when you're supposed to hold and when you're supposed to sell.

 

[Ja Sa Bong]

I would hold my Bitcoin for as long as I can. It's not like I would be dying tomorrow, I know that my life isn't in my control but I have faith not to die tomorrow. I have a target where I'm expecting Bitcoin. If it gets to that point, I will sell everything.

 

[Heatman]

The reason why it is called cryptocurrency holding strategy is that it's your decision to decide how long you want to hold your assets before you decide to sell it because everything is already in your control with the cryptocurrency wallet that you are making use of.

Whenever the price of the cryptocurrency is at the point where you are comfortable with selling, it then when you are going to release your coins and sell it and make your profit.

 

[Good-Person]

The reason why it is called cryptocurrency holding strategy is that it's your decision to decide how long you want to hold your assets before you decide to sell it because everything is already in your control with the cryptocurrency wallet that you are making use of.

Whenever the price of the cryptocurrency is at the point where you are comfortable with selling, it then when you are going to release your coins and sell it and make your profit.

I think that the patience level of each and every trader is different. Even when it comes to bitcoin hodlers, things may be different. Some hodlers may hold cryptocurrency for five years only, as not all the people may hold cryptocurrencies for a 10 year period.

 

[Heatman]

I think that the patience level of each and every trader is different. Even when it comes to bitcoin hodlers, things may be different. Some hodlers may hold cryptocurrency for five years only, as not all the people may hold cryptocurrencies for a 10 year period.

It's a shame when some people hold their cryptocurrency for a very long time but only for them to end up selling it when they shouldn't. In doing that, they will end up losing money in the process because they sold when they are not supposed to. Imagine holding for 5 years and still lost money by selling.