I know we have determined newbies among us this days that have developed a strong holding (HODL) habit in themselves, I have an advice for you as a crypto holder and I hope you listen.
Do not hold your tokens for too long without looking back, I have lost some this way because later they move to main chain running on separate blockchain, imagine if you decide to check the progress of that project only in 2024 and you see that you've missed out on swapping your old tokens to the new coin..
This is why we need to be active on the channels of the tokens we bought since over the years there are constant changes and token swap is mostly happen when the dev decide to update their project. So if you are inactive and miss this on the deadline set by devs then like what you encounter other will also suffer from this since your hodl money will get 0 value for holding to much and missing the updates.
Also don't hodl new tokens dump them and buy agaim we can either repeat this process or totally dump it then move to another better project which can give us huge profit again.
OP is correct and not far from the point. You can't just be active on bounty you participated for two years and above yet tokens not released to you and within the time it was released, they change address or run mainnet or run separate blockchain, asking for KYC and at the end you miss out. I think it is better to sell when you receive because hodling it longer, the team may decide anything funny about the token and if you are not aware, you just hodl a bunch of useless units of token in your wallet. I now see why some hodlers will dump tokens as soon as it was received, only few projects have continued from whitepaper.