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Will you ever hold crytpo for years even if it rises pretty high?

  • Thread starter Thread starter Grant
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Grant

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Lets say you invest in crypto and have this investment for years. Would you ever hold onto this investment as long as possible? Even when you see a massive rise in worth? I think for any future crypto I buy, it'll be a small amount, I will hold onto that investment for years. I'm just curious if I can save it for years and still see a return on it later on. But how long could you wait for it to rise?
 
Most of my cryptocurrency investments have been in hodl for about 5 years now, so certainly, I am able and it is how I have received the most capital gains, especially with Bitcoin, which in my view, is the most viable cryptocurrency to do hodl in the long term.
 
I have an exit strategy. When the crypto assets I am holding gives me 20x-30x return, I will be selling half of my assets and use the money to by safer assets like a house or gold. I will continue toi hold remaining half of my assets for even higher returns
 
If I am confident in the project, then I will hold assets as long as possible because I will know that the price will keep growing and growing. Investment is a long-term perspective and it makes no sense to sell assets and buy something. Assets like Bitcoin should be held for a very long time
 
We don't invest in any asset just for the sake of investing, ultimately we all have a strategy to pull our profits and use it to buy luxury. Therefore, the best strategy is to withdraw something and diver to other things, fixed assets for example
 
Holding crypto for years can be a rewarding strategy, especially if you believe in its long-term potential. If you're considering this route, Shakepay is a great option. It allows you to buy, sell, and hold cryptocurrencies easily, with features like a user-friendly app and instant funding. Plus, you can earn rewards for every purchase you make. If you're serious about investing for the long term, Shakepay's platform offers a secure way to manage your crypto, helping you stay informed and engaged with your investments.
 
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jacobss said:
Holding crypto for years can be a rewarding strategy, especially if you believe in its long-term potential.
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Well, it also depends on how old you are. If you're 50, there is no point in still keeping it, so you can just cash out at that point
 
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