Post
Topic
Board Altcoin Discussion
Re: Some Risks Of Long-Term Hodling Alts
by
jacafbiz
on 04/07/2019, 19:01:25 UTC
  • 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 do agree with all your point, this is a space that is unforgiven, I have seen several projects that raised more than $20  million and are worth shit now, Sparkster, GoNetwork, Davecoin, HybridBlock to name a few. There is nothing long term in this space move with the market trend and you will be fine