Post
Topic
Board Altcoin Discussion
Re: What do you do with your altcoin holding with low value
by
husencoe
on 27/01/2024, 08:40:21 UTC
For those of us that are into altcoin signature campaign and have accumulate some in your wallet, what do you do with it since some of them has low value at the moment if you check their current price?

Do you keep holding it hoping that the price will finally come up since it seems you can't actually trade it with it current value.

I think we have to do an analysis of the coin so that we can find the opportunity for the coin to rise.  If we find that there is no chance at all that the coin will rise, it is better for us to sell it now rather than waiting for it to be worthless.  I found many coins that if they fall drastically after an ICO or presell, they will continue to fall slowly until they are worthless and disappear from the market.  The coins that survive are the ones that have the features people need, continue to innovate and have the support of a strong community.



Will the altcoin become valueless after the campaign is over or could still gain value after some years.

When a coin has become valueless, the chance for that coin to bounce back is very difficult and almost impossible.  Their developers have to go the extra mile to fix various problems and restore people's trust so they can rise again, of course with the new innovations that people need.