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Home» Questions»Q 95580
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Mika
MikaExpert Mind
Asked: September 11, 20232023-09-11T04:08:29+00:00 2023-09-11T04:08:29+00:00In: Crypto & Forex

How long shoul you hodl your crypto?

You frequently hear that in order to profit form crypto, you should hodl your assets, however, the question is for how long? How long should you hodl your assets?

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  1. Suba
    Suba Knowledge Seeker
    2023-09-12T04:20:58+00:00Added an answer on September 12, 2023 at 4:20 am

    Personally, even though I invest in crypto for the long term, I don't have a time limit, how long I have to invest in crypto, but I am based on the opportunity for price increases where I have to take profit or sell some of the crypto I hold, as I did with Litecoin. average purchase $73 and before LRead more

    Personally, even though I invest in crypto for the long term, I don’t have a time limit, how long I have to invest in crypto, but I am based on the opportunity for price increases where I have to take profit or sell some of the crypto I hold, as I did with Litecoin. average purchase $73 and before Litecoin halving I sold some Ltc at $110, And at the beginning of September I bought Litecoin at $63, and I plan for Bitcoin halving 2025.

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  2. deucher
    deucher Active Contributor
    2023-09-12T16:05:21+00:00Added an answer on September 12, 2023 at 4:05 pm

    I would not like to set any limits for how long you should hold cryptocurrency, because if I say, for example, 5 years, and you won't make any money during that time, then you definitely won't trust me anymore. But the main principle of earning is to invest and know that you will not sell your assetRead more

    I would not like to set any limits for how long you should hold cryptocurrency, because if I say, for example, 5 years, and you won’t make any money during that time, then you definitely won’t trust me anymore. But the main principle of earning is to invest and know that you will not sell your assets in a month. If you understand from the postman that you have invested and you just need to wait, cryptocurrency is such an area where you calculate that you will get a profit in 5 years, and you can get it even in 1 year, and if you wish, you can already fix the profit

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