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? Keep "holding" until the coin comes back to life (revival/relaunch)? Erase all of your wallet data (private keys, seeds) and forget about everything (burn)? Or simply give it all away to someone else?
Your input would be greatly appreciated. Thank you.
Of course every decision made certainly has an impact and when something goes wrong, the various possibilities of what can be done emerges. On the other hand, it is not clear why the writer refers to carrying worthless assets as burdensome; they may get a new lease on life in the future. Therefore, deciding to let it go and turn to a different perspective of focusing on what is productive is also practical. No matter what the decision made in the end the most vital aspect is how we answer to this experience and make it as part of a process. I believe there is no right or wrong move, there is only the move, which is convenient for the individual at that particular time and agrees to his line of thought.In such a scenario, what would you do? Keep "holding" until the coin comes back to life (revival/relaunch)? Erase all of your wallet data (private keys, seeds) and forget about everything (burn)? Or simply give it all away to someone else?
Your input would be greatly appreciated. Thank you.