- 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.
These things should be done by every coin holder. The problem is that there are many of us here who are holding so many altcoins that we cannot anymore do these things to each one of them. I admit that I have coins that are considered forgotten already. And because their values are almost dead, I do not mind holding them forever. It is always good to monitor the development of coins. The hard thing to do is to follow which exchange they are listed.