Post
Topic
Board Altcoin Discussion
Re: Holding 5 years a just a imagination
by
MaiQwaN
on 18/09/2021, 10:17:38 UTC


we keep the coins at least 5 years , but its too long imagination.  you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.


Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep  most probebly they will surpass the All time high again.

what all your perspectives?

 
In crypto, any change happens very quickly. The excitement around a project can quickly subside, if only because a similar but more advanced project appears. Therefore, you need constant monitoring of your investment portfolio. On the other hand, if you have free money and you like any coin (NEM or something else), you can continue to hold it for a couple of years, hoping for its revival.

Long term hold is good for a coin that has a good potential in the future, if a certain coin struggles now, it doesn't mean it has no good future, every project pass in that kind of time but as the team continues to work for the improvement of the project, time will come that it will pump and investors who bought during the dip will be lucky to cash out with a decent profit.

I'm not anymore a holder of NEM now, but this project is an old project, it survive so it would likely pump as its time will come.
Four years ago, I bought RLC tokens (iExec) for the ICO price and have held them to this day. The first three years, their price was not particularly pleasing, but this year the tokens showed good growth. I will continue to hold because I consider this project to be one of the outstanding ones.