Post
Topic
Board Altcoin Discussion
Re: What would you do as a bagholder?
by
coin-investor
on 01/03/2025, 15:28:53 UTC
Let's say you were one of the few investors who bought a coin when it was at its peak, only to find out that it's now dead (both in development and trading activity). You now "hold a bag" (bagholder) of worthless coins sitting on a wallet.

In such a scenario, what would you do?
I can relate to this; I can't count how many coins and tokens I've become bagholders, which is why I always advise investors to get updates on the coins or tokens they invest in lest you find yourself a bagholder because you are late dumping because of rugpull.
You should not have a special attachment to any coin/token you invest in; be quick to dump and cut your losses, or you will find yourself a bagholder who is late to dump.