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Can you holdl your Crypto for 10+ years?

  • Thread starter Thread starter Sincerem
  • Start date Start date
I am simply focusing on holding my coins for long in order to meet my target while dealing with cryptocurrency. I won't be moved to cash out on time.
 
I think that holding your coins for a period of up to 10 years can be very difficult and will require a lot of self restraint because you have to ensure that each time the price rises that you are not tempted to sell the coin that is in question. Hopefully i am able to do this one day.
 
BrolySSJ said:
I think that holding your coins for a period of up to 10 years can be very difficult and will require a lot of self restraint because you have to ensure that each time the price rises that you are not tempted to sell the coin that is in question. Hopefully i am able to do this one day.
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It takes lots of patience for someone to save up to such longevity. It is only possible when you're making money through other means and saving your coins untouched.
 
GIFTMICHAEL said:
I am simply focusing on holding my coins for long in order to meet my target while dealing with cryptocurrency. I won't be moved to cash out on time.
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From my experience when it comes to cryptocurrency investment there a lot of people who are impatient when it comes to holding their cryptocurrency for a long while before selling it off.
 
Heatman said:
From my experience when it comes to cryptocurrency investment there a lot of people who are impatient when it comes to holding their cryptocurrency for a long while before selling it off.
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Those kind of persons aren't ready to taste success around cryptocurrency. Cos any one who wants crypto success will exercise patience.
 
Sincerem said:
It takes lots of patience for someone to save up to such longevity. It is only possible when you're making money through other means and saving your coins untouched.
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I definitely do agree with you and I think that it will also be very helpful if you have a hardware wallet that you were using because then you are not constantly tempted to trade in those cryptocurrencies because you do not constantly have access to them.
 
Holding your crypto currency coin in your wallet for a year is a good thing to-do most especially if you are financially buoyant , the price of the coin will have skyrocketed before the end of ten years.
Sincerem said:
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?
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Indeed I can easily certainly great the coin for 10 years which is actually why it is constantly great to take a check out long-term possibility while buying the crypto money trade Company to ensure that more revenue will certainly be actually alright to create
 
I think it only depends on the market and the way it's moving. Sometimes you don't necessarily need to wait for years before you will start gaining from your crypto amd i think 10years is even too much
 
Shigobad2020 said:
Holding your crypto currency coin in your wallet for a year is a good thing to-do most especially if you are financially buoyant , the price of the coin will have skyrocketed before the end of ten years.
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If you can even holdl your cryptocurrency asset for the period of one year that means you have tried. Not everyone can do just that. And surely your reward will come in bounty depends on the coin you went for.
 
GIFTMICHAEL said:
Those kind of persons aren't ready to taste success around cryptocurrency. Cos any one who wants crypto success will exercise patience.
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It's actually we are a lot of them get it very wrong because when it comes to cryptocurrency, it is not something that you will jump into immediately and start expecting to make thousands of dollars 💵 as profit.
 
If I could have been able to hold bitcoin for 5 years, I would have more than 2 bitcoin by this time. However, I have learned from my mistake and I have decided to hold my crypto currencies for a long time.
 
I have seen the advantages of holding coins so I definitely will want to get more coins and hold for as long as I can in order to get good ROI.
 
Personally, I don't think I can hold my coins for as long as 10 years. This is because I am only interested in short term investment. And I also consider the volatility nature of coins. One must always bear this in mind and also stake what he or she can afford to lose. It is just my opinion.
 
Those who has money to take care of other bills with high endurance spirit to save funds around cryptocurrency can have that humor to wait for 10 years.
 
Heatman said:
It's actually we are a lot of them get it very wrong because when it comes to cryptocurrency, it is not something that you will jump into immediately and start expecting to make thousands of dollars 💵 as profit.
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Sure, it doesn't work that way, it's simply a gradual process for the owner who got passion for the business and keep pushing on even when things aren't going well at the initial.
 
Also from my experience with dealing with cryptocurrencies investment have also learnt how to take a break when the trading is not favouring me because if you keep on pushing it you keep on making the wrong decision and you keep on losing money.
 
Sincerem said:
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?
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Even though I do know that Hodling with 'diamond hands' as it's called pays, it's still hard especially when the market is in a continuous downtrend for a long while. The only way I could do so is to have another source of income which keeps my focus off the coins
 
GoldenLady said:
Even though I do know that Hodling with 'diamond hands' as it's called pays, it's still hard especially when the market is in a continuous downtrend for a long while. The only way I could do so is to have another source of income which keeps my focus off the coins
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Yeah, it's worrying when your source of income is limited. You'll be tempted to cut your investment short prematurely. But when their is other sources you'll carry on if you're passionate for saving your coins for long.
 
The truth of the matter is that is very difficult for someone to hold his cryptocurrency investment for a very long time without either selling it or still buying more.
 
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