Bitcoin Forum

The high rate of worthless coins are now at alarming rate as we have experience a very difficult time in distinguishing between Good coins and shit coins. Getting into Campaigns with the aims of getting a good coin for the future, all we can get is some worthless coins into the wallet. Those worthless coins or as i called them valueless Altcoins.

What will you do to your worthless Altcoins in your wallet?????

So far I consider it as the only wallet decorator, and this indeed sounds funny and stupid to me. Maybe most of the concepts they make cannot attract the interest of crypto users ;D

There is no such thing as "occupying space". A wallet will never become full regardless of how many trash coins you have in it. There is also no way to "delete" them - the only way to get them out of your wallet is to send them to another address.

Also maybe stop signing up for bounties/airdrops/ICOs/whatever for trash/scam coins.

I suggest you have to hold it, as you said it's very difficult to identify which is good and a shit, sometimes shitcoin with no value today but can make you rich in the future. There are also good turns into a shitcoin due to dumpers that causes it to dip and never recover.

I think there is no way to delete them from your value, you can sell them on decentralized exchanges if you can get more than gas fee, secondly you can send them to me i will wait and hope they will pump hard after a year or too so i can sell and profit :p

Do your research. I think this is the only valid thing, or most preferably, one of the most valid things you could do to avoid investing in altcoins that do not have value. When you do your own research, you are exposed to more projects and you get to see which is most likely to have potential than the other.  When you find one coin that you like, analyse it, before investing in it.

If you do not want your wallet to be crowded with worthless coins, then stop joining worthless bounties and airdrops. Choose what you join carefully so that you will only received valuable tokens/coins.

I do not care much if my wallet accumulate a lot of coins. I just hold them there and hope they'll have value in the future. It does not hurt me if those coins got stuck in there for a long time.

If they can sell, they will of course be sold. But if there is no place to sell, then we can only let them lie in our wallet. As mentioned above, they are considered a decoration of the wallet.

Just as you said, it's already worthless; So why waste time on thinking what to do with it? Let them sit in your wallet, but if you really wanted to get rid of them, send them to someone else.  ;D

Those worthless altcoins can be our decorative or Memorabilia coins in our wallet. Who knows time will come those worthless coins can make us rich in the future all we can say is "from shitcoins to richness" just be positive in life just what happen to bitcoin.

I will try to keep them all because they are worth nothing and it much better rather than try to throw all of them into the trash can. I just try to learn a lot from there basically if you have been getting a good profit from your bounty and you can try to sold it. That's the only best thing that i have learned from there.

I never consider anything regarding the valueless coins on my wallet because it is not burden to our wallet if you still cares about this you can create new wallet and send all those valueless coins to that wallet maybe in future you may need those coins.

If i was in your position i would sell all of them and buy Ethereum.

Of all the alt coins it is the one i personally like more and you probably won't regret. Some people expect it's price will triple by the end of the year - I don't know about that. But one thing is for sure, the future of it seems really bright.

More information here: https://coincodex.com/article/1387/bitcoin-and-ethereum-prices-are-expected-to-triple-by-the-end-of-2018-survey-shows/ (https://coincodex.com/article/1387/bitcoin-and-ethereum-prices-are-expected-to-triple-by-the-end-of-2018-survey-shows/)

Of course, some people find the right ICOs and earn crazy % returns but that is really dangerous game. I don't recommend it for any non-rich person. Join an ICO because you like the project and with the right amount if you are ready, while the rest is increasing it's price overtime safely.

It shouldn't take too much time tbh. There are several red flags that you can spot pretty quickly like the team behind the project (are they legit or just made up profiles?), volume (is it getting PnD frequently or not?), whitepaper (is it a legit whitepaper or just another copy-paste from another project?), also the community, etc.

I don't hold any worthles vaporware, but if I did because I made a bad choice in the past and fell for the FOMO buying wave, then I would probably wait for another altcoin cycle before dumping every single shitcoin.

Actually make with this bad coins in the wallet can't make nothing. Remember that can be a risk that to go a phishing site. Be careful. Further, fraudsters aren't sleep.

Let them be in the purse to the overall growth of the entire market.If growth begins altcoins that are growing even junk coins.I don't see the point in selling them cheap.

You should avoid coins that might end up valueless as much as possible but as for the valueless coins that I have now there is no way that I can use them or sell them so they just get to stay in the wallet for now and not do anything. Maybe at some point the project might be revived but I doubt that will be the case. They are useless, there is nothing to do with them.

Let it rest in my wallet and try to forget it. Maybe one day there will be a miracle. Focus only on alive projects instead of wasting our time with worthless tokens.

The rate of this shit coin ls now is alarming and I believe this is where regulations should emerge to curb this situation. The ones I have in my wallet, I'm just looking for a way to dispose them.

Just leave it in your wallet. You unable to delete it or destroy, if you want you can send to exchange, but you have to spend your eth for it...

since they dont even have any value, I just let it store in my wallet, if that token will enter the market, then its good, but if not, that's fine too. I'll just let it store in my wallet and wait for the possibility for it to enter the market.

Leave it there in the wallets, it is not like there is anything that you can do with the coins. That is their final resting place, unless by some miracle the coins get relisted and you can sell them/. Mostly I just ignore all of the valueless coins I have in my wallet and focus on the ones that are actually very good. There is nothing that can be done with those coins.

Well this is a simple case
The simplest solution is leave the valueless altcoins alone
Let them rot in your wallet and it one day they spring up and have value
You sell them and get the profit

That’s all needed dude

Observe the overall growth of the entire market and let them be in the pursed. If the altcoin begin growing in  a junk coins on its growth. So I think there's no point selling them in cheap prices.

I think that the bets thing to do is to be less worried about them. Worrying wouldn't get you anything by the way. Be more careful so you don't make the bad investment option again. Hodl the coins if you still can, who knows, one day, it might just have a little spike in price, and you can then sell them off.

there are a whole lot of them nowadays. i just let them sit there because trying to dump them would cost me ether . that's for the erc20 ones. for the ones with their  own qt wallets, i dump them at the slightest opportunity. especially coins with ridiculously high supplies of over 20 billion. amazing how they'd  be worth anything in the nearest future.

Unfortunately there's nothing to be done, here the most important thing is not to lose your head and not be greedy, because maybe the project will still be able to do something and some tokens can still gain value.

Many of them comes from Airdrop rewards, they are seriously equals to zero or scam coins. I just put them into my wallet only because there are no delete option in my wallet to remove them permanently.

Keep holding it, I have a lot of them,  but I refused to see them as worthless except the ones that developers have actually abandoned. For the tokens that developers are still working on the projects,  I think with time those tokens may have value.  I have seen some developers return and carried  out a swap on tokens that seemed to have died and continued  the project, holders made money from those tokens.

You can do nothing with them so you can just leave them in your wallet and there won't be a problem as your wallet can't be full, if you want your wallet to be free of useless coin then you can send it to the burn address. I do that sometimes when there's too much useless token in my wallet.

If you have some altcoins that have a little value or not at all, just don't sell it yet because selling it now won't bring you any profit.
Take your time to analyze the development of the project of the coin first before doing anything.
When the project seems doing good, what you need to do is just hold that coin, other than that, you can sell your coin.

I also have many altcoins from the airdrop. but only junk coins that I can't sell in any market. although there are some that can be sold, but only have a few coins, and that cannot replace shipping costs. the impact is that I can only save it in my wallet, because I think there is no way to delete it. can only hope to come miracles in the future to be able to sell junk coins at a good price.

This is a difficult situation, where if the price is low like this it cannot be sold at all. All we can do is hold it. Usually many tokens are airdrop results that we get but accumulate so much in the wallet.

I think there is a lot of projects that are just being created for  the simple fact that the cryptocurrency market is growing and those people are not even bothering to deliver a reliable and useful product in the first place.

If altcoins is from the Ethereum Network then I save it on MEW.
Then I see etherscan every 1 week, whether it is worth returning or not.

If it's still worthless, I keep a memory of old age.

if the altcoins that i have are worth nothing anyway, i would just keep them. i would hold them and hope that maybe again for one or the other altcoin comes again a good time and the price rises.

Nothing! You don't need to do anything as those are useless. It is like a decoration to your wallet. Well, you will never know if someday developers of those will continue the development and probably will have value in the future. However for those airdrops that you've got last year there's no hope for that as these are just shitcoins hoping for market during bull run. Btw, I got like more or less 40 of those.

In my case, i just keep all those coins in my wallet, if in case there will be time when all those coins having a value, then I could sell them. but if it's not then i'll just let it rot in my wallet.

If you have worthless coin, that is your fault! You could have done a little bit of research to look for good coin to invest instead of shitcoin! I can tell you there good coin in this space, you just have to dig a little bit dipper to recognise them!

Up until today, i still keeping all the coins that i got either from purchasing or what i've got from the bounty campaign.
Whether it has a value or not, i still kept them in my wallet, and just hoping that all those coins will be able to be sell in the future.

If anyone have any valueless coins that are not worth selling, I think you just leave them on your wallet, but if they can be enough for transaction fee and leave you with some profit, then sell it off.

i also think i would just keep the worthless altcoins and wait. it is not worth selling anyway and if i keep it, i still have the change that the prices will eventually rise again someday.

As for me, I'll let it be the all those valueless coins to stay in my wallet as long as it need to be, cause i think there won't be a problem if i keep it in my wallet.

Nothing, just let them stay on my wallet forever, throwing this altcoins out of my wallet just wasting my gas. there's nothing that can I do for this altcoins except waiting until they have a good value on the market and then I can sell it for money...

This is funny, of course we will let it stay in our wallet. Valueless altcoins can be a decoration in our wallet. Yes it won't be a problem, who knows maybe it may have a value in the future.

Why giving us your stupid problem?You can do everything you want so we don’t give a damn
Because we have our
Own problem about those shitcoins,and for me i will let them inside my wallets forever,since
I have a friend in which
His shitcoins becomes valuable when whales pumped that coins and instantly make him a millionaire
So for me i would rather hold them than selling for nothing.its your call since thats folio is yours

One way of dealing with it that you might want to consider is creating a new wallet and then transfering all your not worthless coins to that wallet. Then you will have your old wallet that you can monitor periodically just to see if any of the worthless coins have come back to life and a new wallet for tracking all your active positions.

indeed today many are popping up and not useful in my opinion storing them better with positive thinking may be useful and profitable in the future because we all cannot know all can happen

I don't do anything if the price is not good for sale and I will still keep it in my wallet. And if somehow the coin become disappear, then I can accept it, and I will consider that as a good lesson, and I will not do the same thing in the future. And for now, I am trying to not saving too many coins in my wallet, and if I want to keep the coin, I will make sure that only profitable coins that I want to save.

First you need to determine whether they are as bad as they are. In a bear market, when there is a tendency of general decline, it is much more difficult to do. But I think each of us if he chooses a project, then later, tokens for him are just as expensive and selling them without making a profit, it will be stupid.

I'd better lock them away in a separate wallet, and let them be there as long as it could, whether it will gain price or not.
If it gain price then i'll sell them, if not then i'll just forget about it.

I have 8 different altcoins that I got from the bounty campaign, until now there is no value and is still in the wallet. I don't know how long I will wait for this coin to be valuable, but I still be patient and do trading to make a profit. I only trust the top 10 coins to do trading.