Introduction: In our super unpredictable realm of crypto insanity, adopting a resilient strategy is almost paramount, if not a prerequisite, if you want to see better success in the markets.
One of the many types of investment strategies, long-term strategies have a much more consistent level of success versus jumping in and out of the pool, so to say.
In my opinion, long-term hodling is a beacon of stability that is often ignored in this get rich quick market environment.
However the outcomes play out for those who snipe BSC launches, and jump on everything newly minted, long-term hodling easily outpaces quick gains. I won't deny that short-term works for those turning quick bucks, but long-term examples far outweigh short-term gains, and surpass short-term strategies when looking at honorable and well-intentioned projects that survive longer than the average of 3 months.
Why 3 Years?
Beyond just weathering market storms, investors have embraced the concept of the "3 Year Crypto Challenge," committing to hold their digital assets for a minimum of three years.
This extended timeframe not only aligns with the developmental trajectories of blockchain projects but also injects an element of anticipation into the journey.
As I talk about the dynamics of long-term hodling, we'll explore notable examples of cryptocurrencies that have thrived over a 3-year period, and proved worthwhile to buckle-down in your wallet.
I invite you to join me in this experiment/strategy, and I promise to revisit this article and show proof in three years' time.
Why Long-Term Hodling Works:
Project Maturation: Long-term hodling grants investors a front-row seat to witness blockchain projects mature. From initial concept to full-fledged implementation, this approach allows investors to see projects evolve and potentially flourish. This also allows for projects to prove themselves over the long haul, and gives investors time to realize longterm goals.
Riding Market Waves: Cryptocurrency markets are notorious for their waves of volatility. The 3-year commitment to hodling acts as a personal surfboard, allowing investors to ride these waves and, hopefully, catch the swells of growth and not panic-sell when candles turn red.
The Countdown Factor: Three years adds a unique countdown factor to the investment journey we are all on. It introduces an element of suspense and excitement, akin to waiting for a rocket launch. Investors who decide to commit to the journey, with the promise of returns that outmatch short-term investments.
- Staking and Baking: One aspect that helps investors hodl for the long-term is to use locked staking options. Staking adds a layer of security for your hodling, and allows for the "out of sight, out of mind" relaxation side of investing to take place, where you're not constantly bombarded by candles and questionable moments of FOMO.
Coins to Consider to Hodl for 3 Years
- Bitcoin (BTC):
- The enduring giant, Bitcoin has stood the test of time, making it a classic choice for a 3 Year Crypto Challenge.
- Ethereum's smart contract capabilities and ongoing upgrades make it an intriguing candidate for long-term hodling.
- Cardano (ADA):
- Cardano's focus on sustainability and scalability positions it as a contender for patient investors.
- Nano (NANO):
- Nano, with its feeless and fast transactions, presents an interesting case for those embracing the 3 Year Crypto Challenge.
- Harmony (ONE):
- Harmony's sharding technology and cross-chain compatibility contribute to its potential for long-term growth.
- Solana (SOL):
- Solana's high-performance blockchain and ecosystem expansion attract investors looking for sustained appreciation.
- Fantom (FTM):
- Fantom, with its emphasis on scalability and decentralization, adds another layer of diversity to the list.
- Optimism (OPT):
- Optimism, with its focus on Ethereum Layer 2 solutions, works well for our 3 Year Crypto Challenge. Higher prices are expected by leading researchers, so OP makes for a wise bet.
Examples of Long-Term?
Longterm - When Launched to Now: Picture this – you acquired 2 million Avalanche tokens right at its inception and patiently held onto them until now or another all-time high (ATH) to cash out. Your patience would have yielded significant rewards. However, had you not waited as long, your gains would pale in comparison to the substantial profits achievable in the current market. This is one of many examples, and simply stated, if you took short-term gains in 2021, you would have made substantial profits, but having held out, you could have quadrupled, or octrupled your gains.
3 Years for LUNA Classic: Perfectly suited for a 3 Year Crypto Challenge, investors in LUNA Classic are not just observers but active participants in watching a deadhorse attempt the Lazarus effect. This potential reset in value could potentially happen during 3 years of tight hodling. Useful staking, and an unknown future awaits. Thus, LUNC is an extreme high-risk venture for long-term hodling, so DYOR and remember this article is NOT financial advice!
Bitcoin and Ethereum: Considered the most secure choices in the crypto realm, they stand as wise long-term investment options. Robust and widely embraced, BTC and ETH are ideal for extended hodling. Predictions for Bitcoin suggest a rally towards the 100k mark, while experts speculate that ETH could reach five digits within three years. Can these projections become reality? The surest way to discover is to hodl with an eye on the future.
We invite you to join us and revisit this post together in three years. Who knows what stories and successes await us as we countdown to the culmination of the 3 Year Crypto Challenge?
Are you in?
Stay tuned for the sequel as we explore where we all stand in this exciting crypto odyssey.
