Post
Topic
Board Altcoin Discussion
Re: Don't just hold your altcoins for a long time!
by
Hermingway
on 26/02/2020, 02:28:14 UTC
Don't hold some good but random altcoins for a long time. If you still want to hold then don't leave their telegram group or other social accounts, check updates on a regular basis. Because if you just hold and keep it in a wallet for 2 years then who knows after 2 years your coin's value may turn into zero value, because of the swap!

 I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!

Same here. I lost many coins because of these swap thing. Naturally I don't  like to swap any coin basically because of the procedures involved in it.

The only coin am happy holding today is Atomic Wallet Coin (AWC). Even despite swapping to Bep2, the Erc20 AWC is still much valuable as holders of it can still trade on exchange or swap for AWC Bep2.