Post
Topic
Board Altcoin Discussion
Re: Some Risks Of Long-Term Hodling Alts
by
OptimusPrime_3
on 05/07/2019, 06:57:17 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.
you made some good points, but what update will tell us that a coin is dead so we can sell off immediately? Even when a coin is being delisted. My point is that depending onhow many projects you are following up? It will be difficult to follow up all