- You might end up holding dead coins if the project gets abandoned
- You might miss swaps and end up holding worthless tokens
- Delisting of coin/token and you miss the withdraw period (in case you store coins/tokens on exchanges)
Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help.
I agree, I have several altcoins that have no value because the project fails or there is no development. In addition there is no transaction value on the market that makes the price fall very deep. Indeed investing in altcoin is very risky and we should choose altcoins that have large transactions and traded on large exchangers