Post
Topic
Board Altcoin Discussion
Re: What would you do as a bagholder?
by
Gentle_Soul
on 02/03/2025, 21:33:09 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? 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. Smiley
A couple of coins have had in the past have really failed and disappointed me personally what I do is not to erase my wallet or burn my account I just document them and keep in a safe not minding how many years it will take for it to revived because you can't tell what might happen to it in the future
It can serve as an uncertain investment instead of burning it all away
Yes the loss have been made so I just take it that have losed that investment already but instead of giving up completely I will just have to give it some years.