Bitcoin Forum

So, as you guys know, most coins will do swap when they perform blockchain upgrades or changing the coins to to a new coin

I just forgot about one of my coins and the swap was ended in the 31st of December
and guess what?

I just lost 0.3 btc because of it
God damn this is so painful

Been holding the coins since 2 year ago in the ICO stage
Never make such mistake guys remember

the biggest problem with holding different altcoins is always going to be their price. since altcoins are all getting pumped and dumped (some are created for pump and dumping and some are getting pumped and dumped but they all are affected) they all share the risk of losing their value in a very short time without you finding out about it.

so when you own many altcoins you are increasing the task you have to perform for watching and following them and increase the risks of losing more money.

I feel have some certain number of coin in your portfolio that you can monitor properly is the best instead of gathering so much that you can not monitor the progress both in the market and with the dev.

Good advice, thank you. This is so true, we can’t monitor all the coins we have and keep up with the swaps. Can’t the developer team do something for you? Try contacting them and see whether they can do anything or not.

Well they cannot do anything
What most Dev does is

Before swapping your old coins, they will ask you sent your coins to a specific address
Once the process is done, they will provide you with new coins

But in order to increase the valuation of the new coins, they would mostly perform coin burns to keep the supply lower
It is good for the investors but at the same time, bad for people who actually bought the coins previously and got no time to swap

Hence i believe, there's something needed to be done there
I mean you can't just say: Oh, lets have a swap and the duration is a year and wait people come to you manually

I've swapped almost 3-4 coins.
The main problem is none of the Devs actually came to people who invested in their ICO and let you know what is the upcoming updates and etc hmmm

Edit: However, you don't blame anyone else except yourself unless the project is a scam. As an investor, it is your job to keep following up with the latest news

Totally agree with you, it is a pain getting to follow every single coins forum trying not to miss out on latest update about the project, I almost missed out on one recently just lucky to have visited the forum and realized that a swap was supposed to have happened but there was a hitch and that got postponed. Now I have to follow up with that every day not to miss the swap else I loss my coins. I think it is better to reduce the number of coins you hold for easy monitoring.

Create a folder in your bookmarks
and place a link to the main forum of each of the coins you hold.
On a weekly or biweekly schedule click on each link and check the last posts of that coin forum to keep updated.

That way you can keep updated, but schedule reading it and stick to the schedule.


 8)

And why keep them so much that it is impossible to analyze and track everything. I believe that five coins is enough for a good and profitable trade, everything else is just greed.

This was a big big lesson I learned last year. I have around 40 different coins in different wallets and exchanges. I am not saying this is bad especially for those gem hunters. But make sure you have the time to manage it well because there will be many updates in crypto space. Even in 2017, I did passed many bitcoin forks because of being busy in real life and it was worth thousands of dollars.

I also agree it's nice and safe to have and manage a low volume portfolio as regards these coins. Having a whole lot may eventually leads to being ineffective and not updated enough. It's actually frustrating for me personally as market isn't doing too great.

And you can't swap it? It doesn't make a sense. I still have some Tronixs (ERC-20) and probably I can swap them anytime.
And what coin it was?

sorry to heard about that,,
but that is your fault, remember, if you hold a cryptocurrencies, you should  follow the latest news about your crypto my friend
so, you didn't miss the swap period time,
just learn from your experience, because exeperience is the best teacher,

That's unfortunate but it is true that do not buy too much coins. I only have like 5 coins in my wallet so I can easily read the updates of it and I am very careful when I am buying another coin. Never make that same mistake again .

I bought them already i have different coins both the existing coins and the new coins but i keep then safe and i don't want to lose my money .

I am sure if the coin or the token is on the list of the exchanges, it will more easy to control. But if that coin or tokens is not list and only store in the mew wallet or the website platform or separate wallet and we cannot always checking the project status, we can forget that coins and makes us late to sell if the coin is listed on the exchanges. I have this experience too but fortunately, I don't loss too much and I don't think about that coin again and just say let it be :D

It is not fair for you! There can't be any end time for this! Team has to take back their all oldest token or coins!!! I think you should try anything you can! I always support you! It is your money and it not true to swap and waste it why you missed the time!

For example TRX is swapping their old tokens at sharing their old token amount which people holding.

So the dev team didn't update users? I don't understand why the team wouldn't consider updating while considering those holders who just put their tokens on the safe wallet. I do have a coinvest token which the team had been updating regularly that they need us to swap and then they allow us to swap anytime even in the next 5 years we can still swap it.

OP..
Please check Discord, sent you a message

Is it important to update? Doesn't matter? They have to swap their coins anyway! He is the investor! And Coinvest doing the right thing then. It has to be like that.


By the way, which project we are talking about right now. Let us know and support you at their social media and telegram channels.

Helpful advice to warn others about the holding system. I hope others would not experience the same as you. Not good to lost  .3 btc or even just  .1. Investment is not intended to lose one day but to gain something good in return. Maybe we need to reorganize things with regards to investments.

This is a very good and expensive experience ((I listened a lot about portfolio diversification last year and constantly bought "promising" coins. Now there are more than 70 altcoins in the portfolio (((And I’m just waiting for a bull run to jump out of them. It's hard to follow everyone.

The cryptocurrency market is cruel. Some people make money naturally. Some people will lose money. This is not a holy place for every investor to make money. In fact, short-term money is usually related to luck. Long-term profit is related to your judgment.

Bite only the thing that you can chew. sometimes our own greed will make us feel not content on the things like this. for me 5 coins is enough to hold. because on that way I can just leave it the way i want. most of the coins that i hold is some top 10 coins. no need to worry about changes and less stress too. 

Yes i agree that, buy too much coin just make difficult to manage it and finally we will get loss, just the samething that was i did in trading, i bought to much different coins in the different exchange and finally i can not handle it when crash coming.

i believe that a coin that is like this is not worth investing in first place!
in other words if i see a developer who can't even come up with a good plan for his coin's supply and the future of it with a nice roadmap then it means that developer is no good and his production is even worse.

there are some old and gold projects out there with the developing team having a good plan for their future. you never see any of them do silly things like this!

not to mention that such coins that do swaps and you lose your money are not immutable which is a pretty big deal when it comes to a cryptocurrency.

On the one hand, keeping a lot of altcoins is good. Perhaps some of them will make a profit. On the other hand, most altcoins in the future become garbage and are simply not needed by anyone.

Soo... Is this the coin you have mentioned in the thread?

if you want to buy some coin, first thing you must do is analize and studying that coin project itself, before youre going to wasted your money, because nowadays is too many scam project out there.

That's right, when you have too many tokens in your portfolio, you will not have time to check all the tokens, namely, their price, on which exchange they are trading and make the token swap if necessary, and you will simply lose a lot of money because of it.

Everyone makes mistakes, I hope that you can continue to maintain a good investment mentality, and I believe that the wrong trading strategy allows us to learn a lot of trading knowledge.

Ouch, sorry to hear that mate. I guess we can write this as another lessons learn specially for those long term holder to check any updates coming from coins they have been holding for a long time. That's a huge amount to lost to, specially the market condition is getting worst. But appreciate you letting the community know that we really need to track everything on our portfolio and not make the mistakes you had.

Not a good experience but most people already do that, keep focus in one direction and forget where they came from. I have the same experience but with kick coin, after check and check I lost 0.05 bitcoin. I keep focus with eth because always give me income but I forgot have another asset. Thank you for sharing this and I hope we all can avoid this mistakes. Keep focus but always check history.

In order to keep track of everything, I have to spend so much time on all this for me personally there is no time to look at everything that is happening full of other things.

Sorry for your loss, it is really difficult to keep track of all news and updates especially if we have many coins. Many people say just buy and forget about the coins for a few years and you will be rich. Like what is mentioned in OP, you can’t forget about your coins in such cases.

Yeah that's like the basic rule, only keep coins which you manage and follow the development continuously.Else you might miss out on something like swap or project update and may even forget it on the exchanges .

Yeah
I accept the fact because as an investor, you should keep it up with the project you invested
Devs couldn't 24/7 babysit you one by one
So i would just take it as an experience and hope i never do the same mistake again  :P

I think if you buy something you must follow the project that you buy, subscribe on twitter, newsletter or telegram channel and check announcments and you won't be in situation where you have missed the swap.

i have not even thought about that. thank you for your hint. i will probably have to monitor my tokens more, which i hold.
but i do not think such a behavior from the ico team is good. you should always have the opportunity to exchange old token, should it come to a swap. only that would be fair to the investors.

oh that's a big loss for you, ye we can't monitor one if we have many coins in our wallet we just check the prices of our coins, but we forgot to check the project of the coins if the team still active? perform swap? just like that.

Why not just monitor only few coins instead? Or you should have portfolio list in order to monitor all of your holdings in order to avoid a scenario like this in the future.

When you have a lot of coins you harder to manage them. You can skip the listing moment, or swap tokens as the OP did. Therefore, before you buy carefully think about the comfortable number of assets.

That is true i have also missed swap of some coin but i have learnt from my mistake the problem is not following a channel where first hand information can be gotten like telegram, after my first mistake i have always make sure of following social media of coin i am holding to avoid reoccurrence.

I'm very sorry for your loss. But I think it's a small amount for you to be able to forget about those coins for such a long time. I thought the rank of Hero on the forum that it means))) just kidding. We're all human and we make mistakes sometimes. Thank you for sharing this information.

Im sorry about your loss. If someone decides to keep a large amount of coins, he should also be able to manage them.
One way is to have a spreadsheet with a list of coins and update the information about them at least once a month.

With this experience that you have shared about coin value losses , this might help as a guide for other members or investors for tgem to manage their stock coins to dispose it at the best time , so that it will avoid value loses in the future to come during changing, selling or trading of coins in the market.

That has happened to me once, a coin I was participating in, and they eventually changed the coin. But I later figured it out. I’m not going to make such a mistake again. That’s one of the reasons why I don’t go too much on altcoins, they are very disappointing and anything can happen. Best is to stay with the top coins, they are most promising. Play your games well and you wouldn’t regret doing so.

come on ...
if we want to get a large profit is not normal if you buy in large quantities. Your mistake is that you don't do analysis. Don't be wise in managing the money you have.

I also encountered a similar situation. I lost thousands of dollars because I didn't know my currency was being listed the exchange and traded at high prices. When I knew it, the price of that money was greatly reduced. I repeat this situation more than 6 times and now I don't have time to update another currency, even though I know it was announcement almost 3 weeks ago. My own lesson: '' Invest when you can manage it''.

Yes, it's very insulting. Any amount to lose a shame, even the smallest, but about a large amount and say nothing. Of course you need to keep track of the coins that are in your wallet.

in my opinion this is your own fault for not following the development of the project, actually I also have lots of coins but I always keep up with developments every week so if they swap, I'm not late

To avoid that cases just a simple journal should be. I made simple table with count of all my alts and periodical API requests to CMC or Exchanges to track the portfolio amount and to know how much I lost  :D

Not too many coins were worth to invest anyway,so better keep you diverfication into limits,too much of it also will causes more losses.If you are a real investor you will follow the project all the way so no chance to miss the swap or something like that,deep research and invest.

YES, this is true, never hold too many coins as you need to monitor everyone of them.
You also need to be on their telegram group and social media to keep updated.
like in this situation our colleague forgot one coin and he lose good money. may this be a lesson for everyone.

I am sure it is difficult to follow all projects. Too many of them. Replace wallets. Replace coins. Many different nuances. I'm sure. As though we were attentive, it was not our first loss and not the last.

That's one of the problem when you are buying a lot of coins. It is difficult to be updated on all the news about your assets and investments. That's why it is better if you will only hold and invest on number of coins you know you can be updated. Most coins are updating since most are having their own block chain.

Sorry about that but guess you held too much thats the problem we have to encounter when we hold too much we sometimes end up lossing but trust me you have also made profits too thats the business you cant earn always sometimes you lose as well

0.3 BTC is indeed not small and certainly it is very painful indeed. What's more, it has been held for around 2 years. Keep the spirit of your friends, From your experience story we will learn in the future so we don't have many coins. If one day swaps and we forget. That will be detrimental indeed.

quite concerned about what you have experienced, this can be an example for all of us to be careful when choosing altcoins. I myself don't want to experience losses, so I prefer altcoins that are already popular than having to buy a new altcoin.

That's so painful, 0.3btc is a lot if money. But I think you would still have it if you keep track of you altcoins.
I personally have a spreadsheet I use to keep track of my altcoins and I review them every month. You can also adopt this.

It is imperative to keep track of the coins you have, all the more so for those whose price can soar as quickly as it drops to the bottom.
Constantly monitoring your investment assets you do not miss the moment when you need to sell them profitably at the highest price. Good luck with that.

Yes, it is true, i am always afraid to miss coin swap or something like this and loose my coins. I am trying to check every project, but not sure that i remember everything.

A very good example for bounty hunters. Because I think a lot of people might face this kind of situation. You just need to keep a table with the data and write all the information there. I would try not to keep a large number of different coins and try to trade.

Its a bad practice, i mean with so many coins and tokens there is nothing you can do but forget. So can't this swap procedure be automated and the people holding the coins can have swap automatically. There must be a much easier, convenient and automated solution for that.

In my opinion, in order not to lose their coins when they move to their own blockchain, it is best to store them on the official wallet from the developers, or on the largest exchanges, for example, Binance. Usually, large exchanges support the transition of coins to a new blockchain or during a hard fork.

It can be very difficult sometimes to properly follow up the coins at we have in wallets. Imagine a bounty participant that has participated in so many projects and has been paid. Some are having almost a thousand coins in their wallets, which means there is no way to monitor each of them.
The easiest way to go about it, is to join their social media handles to get updates.

This is a big problem for holders of different coins or token because keeping track can be a demanding task.
Sometimes in order to check on all my tokens telegram groups and be updated with the latest updates and developments, I spend hours reading through these groups.

The best strategy is to own but a few cryptos and that you will be able to track conveniently.

yep, it is bad, but some projects can swap coins without any strictly deadline or even more they know that many people can forget to swap coins in time and waiting them for a long time, i saw it already a couple of times. So you can write directly to the responsible team member or to admin in Tg and ask about your swap, i think that this your request will be granted.

What coin is this? that's a totally painful experience. 0.3 BTC is quite a good amount of money there.

For holders, yes it's a good but see to it that you are checking out daily updates about that coin. There's time interval, allowance and deadline for such upgrades. It's our due responsibility to check those updates.

It's a sad experience. You're right, it's better to do a good research and buy some really good coins than to buy a lot and then get confused about it all.

That's quite a big amount, in my case I made it a point to check all the coins that are in my portfolio to see what's going on the price and development at least twice a week, that way no coins will be forgotten and you can always make a decision to sell or add more.

That happened to me already, lost about 250$, and I am so pissed when it happens but it also taught me a lesson. Always keep track on your coin and be updated to it so it will not go to waste

In that case lot of holders already get lost of their money investing such ico and other ico coins that have no potential to pump on their price so it's better to sell them early than hold it for long time.

That is what I do, I commonly will only buy some coins to diversify my money into some promising coins. Well, buying so much coin will give us more risks although it will give us more profits. I personally still consider what I can afford. I prefer to diversify my coins and then buy some coins although it is in the small amount.

So true , Some coins have changed their blockchain and some of them have tokens wap , I have lost some money because of that too , that is depressing , I guess i need to make an spreadsheet of my portfolio and follow their twitter so that i find out when ever they wanted to do some swap .

I think that if you buy, trade or invest in projects, you just need to obey one rule, and the rule of greed is i.e. not take more projects than you can follow.

Wow. . a very sad experience for you, but thank you for sharing this experience. This is a valuable lesson for me. Yeah, from your experience, I can learn.
I think I'll only buy Altcoin with the top 10 ranks. And I will continue to monitor the development of the Altcoin that I have  ;)

Sorry to hear that, that amount sure hard to get by now. But i assume you don't write or use any portfolio apps at all, HOLDers should know about this, portfolio is useful to see the flow of the market that we follow, usually old tokens can still be sold even though the price will drop.

Ouch, yeah, that sucks.
After awhile, it does become harder to stay up to date with everything.
When you first start out, everything is new and exciting so you have the energy to spend a lot of your free time researching.
But after two years, and a bear market, you just kind of stop.

And then there are the bounty hunters.
I casually do bounty hunting but have still managed to amass around 30 coins.
I can't imagine how many coins a full time bounty hunter has.

Now that I think of it, it is a good time to go and see the progress of the projects I am hodling.
Might take a whole day lol.

Not only is it just about buying and selling, it is also important to do research about the coins you are holding because of situations like this, I have also lost a coin j was holding due to swap.

And my experience is that that coins what I have sold made 100x. So my advice is to hodl promising coins and forgot about price analysis and so on.

No problem investing in a lot of different coins. I think that in this case, you simply had no control over. Have written about what you forgot.

Is this also applicable for bounties and airdrops? They also tend to do lots of things including kyc, swaps, profit sharing, etc.. Nobody follow their promises is different story. Nevertheless its too much of work to maintain everything.

If you want to be a holder, it is your responsibility to keep track of the tokens, what I normally do is to follow their Twitter handles and turn on their notifications so that I can be alerted whenever there is a new post.

Yeah getting left out with unusable tokens or coins because of a swap is really unfortunate. I was in a similar situation also in November last year and lost about $400 worth of tokens.

if you want to get a normal big profit if you buy a lot. what's wrong is never to forget the coins you bought, always pay attention to each price movement. that's why it's recommended to focus on just a few altcoins, don't buy too many different altcoins.

I have the same experience with you and it is really painful knowing you lose it just because of the swap. It would be very helpful if they could do the swap automatically so holders won't miss it.

Investing in too many coin at a time may not be the best way to invest in crypto because you might not be able to monitor the whole coin at the same time and that may lead to a loss.

I still have a few dozens of EOS at my ethereum wallet on ledger. I know that there is a way to swap them even now, but I should fully migrate to another seed phrase to get back my 50$. But the migration will take a few $ and hours of work as well, so there is no point to do it now. But in a few years when EOS costs probably more than 100$ it will be pleasure to get them back))

P.S.
That's why I prefer to keep mostly BTC and ETH in my portfolio.

Well i don't think tis the buying of the coin that is a problem. If you can get the coins try as much as possible to accrue them, just that you have to get time to monitor each and every single to coin to prevent what just happened to you.

You should always be very selective with coins that you buy. Quality goes before quality and you should invest a lot of time in checking every project before taking part in its TGE. Be advised and you will get your profit.

I also have a lot of tokens and i did not leave their Telegram group and not to miss some developments. This the thing i don't want to happen to me that's why you need to own few tokens and coins as you will be aware if there is a token or coin swap. And recommend btc and eth are the safe coins to hold in long term.

You cannot go wrong with bitcoin.
Altcoins can change and morph just like EOS. I wonder in 5 years will it be
possible to liquidate them?

Thank you for sharing your experience, but I believe that there is nothing bad if you hold some of your coins for a long time, you just need to follow the development of each of them so that you can get the maximum profit.

The more assets you have, the harder it is to manage them, even if you use a special program, it will take you a long time to set it up for all the possible news of your projects, this is a very difficult task.

If you are right about investing in the long run, then you will not invest in all the coins in a row, but only select a few coins.

It's hurtful. But you got a lesson and were able to draw conclusions from this situation. Many of us somehow lost money because of crypto, but it only teaches us to be smarter and more attentive.

Thank you for reminding. If I invest in an ICO, I always update the news through telegram groups or social media created by the ICO Developer. At a minimum, I have to check it every day. Because seeing the development of the project we are investing in will be fun.

Yeah I agree, too much coin is very confusing especially when you keep it on different kind of wallet, you need a better management and password manager, and when we got so many coins that we hold for a long time we tend to forget about it

I sincerely sympathize with you, you have a very unpleasant situation. And you correctly say that you do not need to buy a lot of coins. But I think it will be good lessons for you and for all of us too.

Cryptocurrency investment  requires diligent  follow up on project in order to get the best out of ones investment, formally I tend to wait and expect to see a pump, I have experience in my portfolio several times waiting, Now I follow painstakinly on the project current status and news relative to cryptocurrency that may have an impact on the token bought.

We recommend that we always keep abreast of the development of every coin that we have, so that we do not lose information on every coin that we have, this is where we learn to be able to monitor carefully and study with patience so that we can always focus on following developments on every coin we have, and we can always benefit from every coin we have.

For me it's hard to manage more coins because lot of coins they starting to dump and almost not profitable in any situation if the market goes red marks all of them are affected.

It is very important to keep track of the coins that you hold in the long run, so as not to lose them!

What was that coin? It happened to me too some months ago but I held only a small quantity of coins.... it's very difficult to track all coins if you are a bounty hunter and I think that's why many of them sold their tokens.

I think it's your mistake because you didn't respect your portfolio. If you really take care of your portfolio, you'll test it 3 times a day and read your coins related news.
This is a common problem for new investors. You should focus more on your investment. :D

I also hate all those manipulations with coins! I paid my money, and I want each coin to be changed automatically. I don't want to follow each one, I can't even do that - I have 100 of them!

There's nothing wrong with holding lots of bags for fun if that's your kind of thing but you have a point it becomes very cumbersome to manage so many assets especially if they're all on different blockchains and missing out on a swap can be painful but unfortunately there's usually no notification service for such events

Sorry to hear about your loss. Following tons of projects is really not easy, especially when the projects update their progress in different places. Don’t mind me asking, what is the project that you have lose your coin?

correct, it's too hard to monitor all the coins everyday, we need to always check the project update from telegram channel, I'm sure that a lot of investor lost the chance to swap coins when a project dev suddenly decided to swap their coins to new contract or move to new blockchain, so I'll check my portfolio every week and make sure getting the latest update from community channel

I am so sorry to hear that and I also have the same situation like you when I have many tokens which I received from Airdrop and Bounty. Some of them had a high price when it was listed in small exchanges but I didn't know and missed the opportunity to sell them and now they are nearly zero

if you buy too many coins with the capital you have and then the price of the coin falls then you will lose a lot of money you have.
buy a certain amount of coins, with a number of varied coins.

I don't think like you, according to me, just buy as much as you can, firstly it will be profitable if it is as expected, the second will be less thoughtful and relaxed to give you time to work, proper profits  ::) :P

I agree with you that doing so will be easy for us to control them every day in the crypto market without being too far removed. But I see, if we know how to grasp the moment, we should still buy more to prepare, rather than being passive and damaged  :(

i think we must track the coins that we are holding once in a while, as long as we know that their devs are still there..we must track their social media's as well for some updates

I completely agree with you, but I understand that this is a very exhausting job.  I bought and earned a lot of coins from the Bounty company and still, almost every day, I’ve been tracking all the information related to these projects.  It takes a lot of time and my strength too.  But nothing can be done, because a thorough analysis should keep me informed and this is how I can achieve real results.

We should be in the habit of keeping track of the currencies we hold. It not only helps us know their value in time but also avoids situations like you.

This is serious, holding too many coin is a problem, following all the project won't be easy, the best is to select just few coins and hold, if not forgetting any of the project is very easy.

That's true. I used to participate in too many bounties (mostly using my Facebook account) and in the end I ended up with dozens of different tokens. It was tedious to manage all of them and to exchange them to BTC or ETH.

This also is my opinion.  Usually when projects swap tokens after upgrading, they will give us a long time to do that. You no need to track the coins everyday but everyweek.

I would put it differently when you do not buy only one asset( one Token) as investing in this one project money,you can generally lose everything,as he did not just get on this,took the project that screamed that will fly up,in the end he did 1-2H profit,and down,and instead of the promised 5-10x ,and such cases a lot,so always risks distribute

So bad that lose the coins because of the swap, anyway is better to check always if possible the site and the announcement if there is any to see if there will be some modify for the coins.

Subscribe on the project's website with your best email, so you'll never miss any important updates. Most projects never swap with the only one-day announcement, they announce a several time over months, so if you still missed, probably you weren't serious about the project. Alternatively, use apps like Delta and Blocknomi to track all important updates as well as build your crypto portfolio.

This is so true, i also did the same mistake!! And unfortunately it happens to everyone. It is really hard to catch all the updates if you have a lot of different altcoins. We shouldn’t forget to catch up the new info :)

It's best once in a while visiting the nn thread of your holded assets, losing because of not being updated is really frustrating, those swapped that happen eventually developers gave enough time for holders to process and get the actual value of the coins, missing this stage is a pain in the ass, this should be taking seriously, sets as a good example to avoid losing your precious money.

Yes you are right. Any coin. Which doesn't even seem interesting to you. May turn into gold. But if you do not exchange it, it will be a big loss.

The fault is yours, I hold many altcoins and I'm able to keep track on each one by joining  there social  media and telegram channels and using blockfolio to track as well if you do this you won't miss out

You're absolutely right, it is not really advisable to hold too many coins because it won't be easy to monitor the project of all of them. Investing in like ten solid projects should be enough and it will also be easy to monitor their development

This is a terrible situation. It's always bad to miss a good moment to sell. Given the fact that many coins get pump only once and then permanently drop in price.

Although, it might be very easy to loose focus of the number of tokens you have if they are too many.
On the contrary, we all are different from ourselves. there those who can manage so many, while some cannot go beyond say maximum of five. So buy the number of coins or tokens you can easily monitor, in order to maximize your profit.

well you need to atleast check their website or bitcoin ann thread for news and like or follow their social media
there are a lot of thing can happen in one coin so you need to check it once in a while
for me i use google spreadsheet to list coin i hold i only put name link just add and delete when i buy or sell the coin

This is a problem when we are  holding many altcoins. It is our responsibility to follow up on them, but it is
time consuming. It can easily happen that you make a break from crypto for several months and some
of your coins swap and you lose them. I am waiting for the bullish market and I will sell off many of my
alts and simplify my portfolio because of the reason above.

I have a lot of coins , and of course where I see more potential I on these coins do not forget , but of course it is better to have those coins which have a great perspective to make it easier to sell at the right time

It all depends on your person for me having much coins in my possession is not a big deal cause i go for coins with such great potentials and not coins that will be a waste in other words i do not forget when i see its value in the market. Like the saying goes do not bite more than you can chew thanks

You got to really plan well when it comes to investment. I do like to invest much than participating in bounties. After investment, you need to follow the trend with which the coin trades on the market.

Yes, unfortunately when we hold a too much altcoins, we can experience some unwanted financial losses. Because swap times were determined within a very short period of time, some of my altcoins caused financial damage and there was no way to fix it later.

If you are holding many altcoins just keep track on each one of them, this happened  to you because you refused to keep track on them, I have no problem checking on my coins most times

If you eventually forget you had some coins because you bought "too many coins", then you are to be blamed. Do not discourage others from investing in various coins just because you suffered. Forgetting about the coins you have means that you were actually being very irresponsible. Next time keep tabs on what you have invested on.

The investment definitely need to be based on your economic situation and financial situation because if you put the effort about getting the money and invested into cryptocurrency field it will give you the pressure only if something has been going wrong there is no way to get your income and it will be totally get it out your life that's why it is more important about considering the financial status of your life.

to buy coins we should measure our abilities. can we manage a lot of coins or not. the problem is that coin is needed. so as not to disappear in vain. the problem is that the coins we buy will of course be sold back to get a profit.

thats your fault then
holding coin mean you not skip any news that comes from their social media or group telegram or web
holding need strategy and information not only holding and leave it on wallet

Let me ask you one thing. Let's say you are holding 100 different tokens. Is it possible for you to check the news regarding all these coins on a daily basis? This is one of the difficulties that I faced earlier. And in case you are not tracking the latest developments, then you may miss out on opportunities for profit booking or to limit losses.

I forgot so many coins that 0.3 could be a 1/10 of the btc I've lost because of that :P I'm in the process to recover the loss

Mine is a different story I am into a lot of bounty campaign that I forgot the name of some of the bounty I've participated,  they have announced that all bounty hunters should fill up a form for bounty verification I almost lost my stakes, just so lucky that I drop by in their telegram channel check their spreadsheets and found my name on some of their campaigns, and that was 3 hours before they close the registration, just in the nick of time.

This is a good discussion because it reminds me of some coins that I have. I forgot a little because I still had coins but after I checked the price had gone down very far. This, of course, I have to endure and I keep it for a long time again.

Of course, you cannot be blind and deaf when you choose altcoins to invest in them. You must read about them much and listen to the news that refers to the cryptocurrencies. Then you will decide how many alts you need.

poor u bro. I often have a logbook of essentials and check it daily. Although you may not have sold or bought some altcoins yet. But that will help you remember and not happen unfortunate losses. I used to lose a lot of money because I forgot them for a while. So the best way is to note them

This can really be too tasking checking the coin from time to time about an update on them, take for example me, I have too many altcoins that if I keep checking for update on them, I will end up not doing anything with my time.

The only method I have employed this year is just to participate in very few coins that I am sure are very worth it and I can keep an eyes on, this way, it will be easier for one to know what is going on with such project, imagine someone with about 250 coins, how would the person be able to monitor such coin, I am sure some people would have even forgotten some of their portfolio, especially some of the campaign that made it mandatory to hold the coin on their own exchange.

I understand your situation
But instead of not buying too much coins

Why not use an eth wallet and safeguard your portfolio in a single wallet ?
It’s safer that way

And that’s why experts have said it already, don’t put your hands in all holes. This literally have super realistic results. People who become greedy or they assume themselves as sharp traders, get so much burden on them by indulging in different schemes. Hence, they lack information and recent updated facts so results are obvious. What you really expect the outcome to be? Do whatever you can hold easily.

You are right, more coins more responsibility to follow up on them. These days I have to swap 4 coins :
MAN, REBL, BNB, ZIL.  If you miss the swap you could lose your coins.

If you want to avoid forgetting your cryptocurrency coins then you can use some portfolio application for cryptocurrency. Blockfolio is one of the most well known cryptocurrency portfolio tracker and you can use that to monitor your cryptocurrencies and to help you to see the prices and other small details regarding to the cryptocurrency that you have invested in.

That is why it is very necessary to a multi-coin wallet that can holds majority of your token so that you can keep track of them without missing out on any important details that may occur with the coin(s),
i know some people would s ay it is not good to keep your egg in one basket but i found it more easy and less stressful to have everything under one control than to split in different places that could also result to loss if you happens to forget.

I have also been using blockfolio for a while now and I can really testify to what you have said, this app is really very good in keeping record of ones holding and giving live update on them. One good think I also like about blockfolio is that, you can get some tokens that are not even listed in coinmarketcap on it and will point one to the direction where the coins are being trader.

Even with all these solutions blockfolio has brought, it still may not completely solve the problem, as the only problem is not just forgetting the token or coin entirely, but also forgetting the access details to where the coin is being held. I have an exodus wallet right now, where I have 10% of my coins and I cannot remember the details and not able to even recover it.

You are right. You lost track of potential coins and probably some profits when holding too much coins. And some coins will be lost totally in the process. This often occur when some coins are swapping or migrating to mainnet and one isn't aware until the swap window is closed. If you are holding many beyond 10, then be ready to follow up all of them.

this is not a matter of how many coins we have because everything depends on us, if we have a lot of coins, we must keep up with the development of each coin so if there is something like "swap" then we still get information of the development of projects

What a regretful experienced. That coin swapping I've experienced before is totally fine and I did all the necessary things to do. Since I do not hodl many altcoins so I can monitor and track down all of them. Also, I do not kept them longer and I do altcoin trading as a day trader. That is the disadvantages of having so many altcoins and with long term trades.

You forget what you put your hard earned money into? That's carelessness my friend ,you have to keep track of all your coins even if you have 100 different coins and tokens  swap might occur ,upgrades might happe,this is normal in crypto space

This is true and it's really sad, especially when swaps occur. Losing ones invested cash out of ignorance isnt a funny experience, I know. It's not even enough trying to write out all the coins one has on paper or follow them up on blockfolio. No, that won't alert anyone of a swap. The best option is following all the telegram groups or the Twitter handles of all the coins one has. That way, one will be abreast with all the happenings therein.

This is really true that it's hard to monitor the progress of the coins you have if you have a lot to monitor.
Holding for long needs you to be aware of what is happening on every project you invested, OP lost a lot of money as he failed to swap his tokens before the deadline.

Actually I have a lot of coins here in my portfolio, some of them I earn through bounty and I have not really monitored it since I also loss interest due to a big dump of its value.

Though such actions needed time but it's best to monitor your assets, following their channels to make sure updates will not passed on your sight, it's your money that in stake you better to make sure you have all the important matters that you needed to know about the development of each tokens.

Damn that sucks mate, i usually have a notepad in my laptop about which tokens that i hold and always check it time by time. That's why i always remember which coins i hold. Well too much coins is also not good like what you said, because sometimes you can't forgot about the coins that you hold.

this is one of the problems of holding too many coins, you lose track on them and then you lose money. what i suggest is to make a reminder for a weekly/2 weeks checkup on the activities and updates of the coin you are holding.

That situation with "miss  swap and lose your coins" is very painful. Of course investors should keep eye for their coins, but i still think it is unfair. If you spend money to buy this coin you must have opportunity to swap  tokens whenever you want without any time limits. That will be fair.

If a lot of coins you have to follow the social networks of all projects not to miss anything important. And if at the same time you have also the main work that time catastrophically isn't enough.  It would be much easier to have 3-5 coins in the crypto portfolio. But this is not our method  ;D

It is very important to invest only in few in projects in order to be able to monitor the activities and growth of them in order not to lose site of them which may be disastrous because things can change in a twinkle of an eyes in this space.

It seems to me that you need to invest only in those coins that in the near future will have a very big success.
Many coins can be lost in your wallets due to forgetfulness and you can lose them forever.
Sell shitty coins and invest in the future.

Tell me about it. Learnt this the hard way and since then, I've most kept only a few that can be easily tracked. From the one that tops my list (https://www.ecomi.com/) due to it's prospects to the the ones I hold on to for the profit only, I can count with the fingers on one hand  ;D ;D ;D

Personally, I keep a close eye on the money I invested a lot of money with. In fact, I always try to follow all of my assets. I guess you are not closely related to the market.

This is a very bad experience you just got. This goes to further buttress the point that the swap of a thing should be done at the holders convenience. The token project team shouldn't expect every investor to follow their social media all the time.

Although this thread was months ago, I can still feel the pain of OP by losing 0.3 BTC because of the chain swap.

Price of bitcoin when he posted this was $4k x 0.3 = $1,200.

How about computing the value of it now? $8k x 0.3 = $2,400.

Just got doubled, ouch!

When you hold altcoins, always be updated and check the updates and news about it to avoid this incident.

I know the feeling as I have few coins that went in that route and forgot what's going on with them. I have a lot of altcoins and tokens that I need to revisit their thread as well. There are coins that have been swapped but following those altcoins is really pain in the butt. You really need to create a file and list all your possessions and update it once in a while. Otherwise, you will lose those coins and will be left bag holder with crap.

It's a costly error, but you can still ask the dev to ask for coin swap even if it is late, but if they ignore you cannot do anything it's a lesson learned that you must track all your portfolios, this is only for all investors that you keep track all your portfolios even, once a week to keep you updated.

Teams of token thats gonna be swapped always makes an announcement on when and how is the process of token swap will happen,it is your fault for not checking it.Holding coin doesntmean buy it store and forget it,you need to still check news from time to time to avoid this

This is one of the reasons why an investor must always follow the news and new developments hitting the ecosystem of the coins in their possession. Some coins do the swap automatically without holders having to perform any task whereas others to the opposite. Always make sure to check on the new developments on your coins at least every month.

I subscribe to the web site of the projects by mail, follow the telegram, follow the social media accounts and also i made an excell table. Especially, I don't want to miss swap, I'm putting a lot of effort on time to get new information, i hope it's worth it.

It must be very painful to lose 0.3 BTC, but don't worry, take a lesson from your loss so that your sacrifice is not in vain

That's ridiculous, man. Sorry for your loss.
I also had faced the same issue back in 2018 but I was lucky that ny investment was approx 0.05 BTC there, I was not aware about the swap.

True, this is what you must do. So if something important happen, you will get notification about that on your telegram group or even your mail. When i stored a coin for a long time, i will always follow the telegram group about the coin and also always update the news so this incident will not happen to me.

I agree, 0.3 btc is a lot already maybe someone from their team can actually help you recover it. Anyways, thanks for the advise though I was planning to buy other coins but good thing I didn’t buy them yet. I thought it would be easy to own a lot of coins, thank God a got to read this now I have to weigh things first and decide for the better.

For some people they will eventually forgot the coins they own if they have too many but for me it will never happen because I always keep track of all coins and tokens I own in my wallets using blockfolio

Thats why i always for 100% follow the projects i hold coins/tokens for . Don't know how you guys manage Crypto holdings , but thats wrong not to follow the ones you holding . There is always a big chance project will swap contract or tokens for new ones . Always join telegram , discord , twitter or whatever they are using . And never miss a swap again :)

never thought this was what you meant. It has happened to me also although I hold very litte of the coin or token I My wallet.  The problem is that we forget to monitor all of this coins because we are into many things. Sometimes I take my time to go through my datas

Those lessons should be remembered, learning from the experiences of others. Specially if the money involved came from your hard work so take note of that before leaving your coins forever.

Just keep yourself updated so that it won't be wasted whenever the devs of that coin starts to upgrade.

I never bought a lot of coins.  Because they are difficult to control.  Maximum 5 coins.  I have always divided my capital among bitcoins and a few altcoins that I really trust.

I would not agree with your opinion, because every self-respecting investor always reports on his investments in order to understand how much he earned and that is why the number of tokens you bought does not matter, you just need to put them in the table and just follow the market.

Good advice . Keeping track of all scattered investment is always a big deal. He tendency is that after sone time we are bound loose track mire especially for those coins that did not do well initially. I think the fewer the merrier

to prepare as one with best on confirmation as trader to collects with confidence as releasing use of funds and resource to work on jobs with the trading on market.

It is not even a good investment decision in this cryptocurrency world to invest in many projects because monitoring them won't be an easy task. As for me investing in like 5 projects that seems solid is moderately cool and it will be very easy to monitor them.

This is bad news
Unfortunately currency news should be monitored periodically, as currency changes are always occurring, which is not good for long-term investors

Well I think your post stray mildly away from the topic.. Buying much coins is a good thing in my opinion.. Portfolio diversification can guarantee some level of financial security if properly handled.. The only problem is that it becomes lot more harder to keep tab on Than simply investing in just a few.. Sorry for your loss mate.. I think you should make it a habit to from time to time check on the projects u invest in so as not to make this sort of loss in the future

How on earth that happens, that's a really huge loss and how come you forget about what you invested into or maybe you are the type who are not fully into crypto but just here for investing for the future, for someone like me i at least check my wallet twice a week. Again there should be a telegram for only your investment coins and Twitter to know every news going on about them.

It is really what you say. The amount of coins we have sometimes makes us forget about the coins we hold. I also experienced it, I held a lot of coins which sometimes made me forget what coins I had. Usually that makes me forget because I used to save the coin because the price is not good and now when the price is good I forget if I have the coin. Finally I lost the opportunity to get a good price. I lost the opportunity to make a profit. This often happens to me so I have to be more careful when playing crypto currencies.

your fate is very bad. buy coins and hold them for a very long time. finally missed a lot of important information.
I'm lucky when I bought a BNB, I didn't miss the information when there is a notice to swap. Imagine if I have the same fate as you, surely I will experience a big loss.

coin price movements that continue to occur suddenly are indeed not a good decision to monitor many cryptocurrency projects because the exact time that will not be enough to do it all, the right choice should not be too much or a little in monitoring the project and only monitoring projects that could potentially continue until the future.

In that case I think you must do like an old style of business. It is the taking down notes like before business man do. Every product are going to list and it's quantity. I think this is the best thing to do to avoid lost of your coin and make it organized. Don't take a limit in buying and holding coins because it is business the more variety,the more income.

This happened to me too. Sometimes I don't care about the coins I invested and stays away from the market for months. Sometime I forget about buying a coin and keeping it in some exchange. I've even lost 2FA of a couple of exchanges and can't get in.
So, it would be better to use a few exchange and keep your track of investment. If you needed to use a different exchange, keep a written note about it.

I saw your thread and I remember I lost a lot of money with 2 coins and they don't exist anymore
You are totally right, best to stick with fewer coins and follow then
I will never do this again, I'm staying with most know coins and if I buy a new coin I'll read some new at lest once a week

At least I learned the lesson  :-\

I have also suffered that same problem on several occasions due to my interest in participating in a multitude of bounties and airdrops, since it is difficult to closely monitor all projects when you have more than one hundred of tokens in your portfolio,and most of them are nothing but spam.

That is why I have learned to be more selective with the projects in which it is really worth investing or collaborating, because when one is committed to the potential of a project it will always be important to closely follow the development of the product and all the updates to come.

Yes, you are right that having a lot of coins sometimes forget. There are my coins that swap but my coins remain not lost. So you have to actively check the latest information about the coins you have. With many have coins the chance to get a lot of profit is of course wide open. But you should also be able to move quickly when looking at the pump market situation.

I think to solve this problem, and he needs to make a list on the excel file or notepad and write down all of the coins he has so he can always monitor the movements. Or he can also install one app on his mobile phone, so he can watch the price up to and down, and he can set the alarm to stay connected to the exchanges. Having too many coins will be good if he can get the right coin, but if it's not then yes, it will make him confuse or forgot his coin list.

Except you are a full time crypto traders or crypto business person that you will have time to be checking news about all your tokens from time to time. Just like me, I have so many tokens that I don’t even have update on them for the past 8 months, I don’t even know if they have been delisted or not because my intention of keeping them is for future.

How will it be possible for me to be checking over 200 coins that I have from time to time with other heavy jobs that I am doing, I found out that only the popular ones is what I have been checking on most, which is why op advise us to just limit ones investment to few top coins rather than having a handful of coins you will eventually forget about.

You should always be subscribed to the project newsletter and keep track of such changes. Cryptocurrencies require constant attention and control, for most altcoins it is not suitable just to buy them and forget. As an option to avoid this situation, keep the coins in the official wallet or on the popular exchange.

This is an important note, especially for beginners. Many do not suspect that coins can move to their own blockchain and exchange their coins and if you miss this moment, you will lose all your coins. So be sure to be interested in news about your coins.

For sure just get the coins that you can continuously monitor to prevent you from loosing your investments since many coins come with so many update which you need  to monitor always.

Sometimes that is the first time we are down, we have to lose some for something more promising, but here we are also not too idealistic for certain coins. sometimes we have to pay attention to the project's future work

You should have a certain amount of coins that you hold so you don't forget the coins you have. If you have a lot, you will just be troubling yourself by monitoring the prices of the coins all the time. The higher the number of coins, the higher the pressure you feel when the prices fall off.

I can feel that painful even just from your story. Some investor sometimes have that experience,they have good skill but bad at manage their asset. I hear also so many token or coins swapped to move their own blockchain that way we must have our note to keep remember where we are invest. If we decide to focus in real life at the moment we must also take note to keep checked our asset. Remember that is your asset for your future.

Whenever making investment into large number of altcoins and tokens it is a must to keep everything organized. More you are organized, more will be the ease in trading and making decisions when to use specific altcoins into trading. Buying too much is good when you've got the ability to go through it regularly.

Some developers allow even if it is too late, as long as you have a good reason why you did not participate in their coin swap, you did not name the coin when you should maybe there are investors with the same experience with this coin, so why not edit and name the coin.

It is very dangerous to put all the money invested in a basket and this has been warned by many people and advised not to do so. If you have a lot of money you can do it, but your psychology will be greatly affected when it increases or decreases.

If you can't follow a project closely it's better to sell off than to lose money, i watch all my asset closely because of incident like this, there is nothing bad in having many assset but you must be ready to watch it closely.

 I think it is not hard to manage your time with your coins if you will deal with single coin, as I want to say we can invest so many saving in one coin like in bitcoin we can buy so many bitcoin so it will not hard for to keep it save we can use single wallet blockchain, It gives higher quality safety, we will not forget the private key and we can keep it as long as we want, so I think we can buy so many coins it is not a big deal.

in fact the more coins we have the greater the profit we will produce later, only if the coin has great potential for investment. many coins that have no further price developments are indeed one of the risks of loss if we hold them too long. make sure that the coins we have have big users and good developments.

I can understand your problem. Once you got a lot of altcoins and tokens, it’s very hard to keep in touch to every news about the token, and as a result we can loose big amount of money. 

For once I taught I was in this alone,  this also happens f u are a bounty hunter with multiple wallets and have to move coins to different exchanges waiting for a bull run,  I turn to forget most of my alts. Thanks for the reminder

Altcoins price just like an roller coaster it can be down but sometimes it can reach to the top price and besides became an holders you should be realize too there was plenty of altcoins never can bounce back after dropped and more wise if you following news update regarding your altcoins portfolio because it can be determine to decide to hold or sell the coins which you have because with cut loss sometimes it can avoiding you to lost deep

Looking at the post from the lens of a monetary economics, I can say that yes it is not good to invest in so many coins for the factor of diversification loose its effect once you exceed a given number of assets, but you can invest in as much as 30 assets in the crypto market. Better target the coins in the top lists. You make good gains and you do not loose value and track of gosh.

if you have lots of coins so you can't focus on all the coins so it's better to save a few and not too many.
if you can't focus so that you move each coin you don't know and maybe you can lose a good moment, even though good times are rare and it's not easy to be at a good time.
keep Altcoin still good that can grow well, find out and explore.

Having several altcoin as investment is good to distributing risk. Cryptocurrency is high risk investment and in many country still unregulated, i think make investment in several altcoin is good to reducing risk. We should make good portion to reducing risk but bitcoin is safest investment in cryptomarket

I can't focus now more ico Because it is very difficult to pick good projects. I have removed myself from ico investment. Therefore, taking risk is not a motive for me now. If you can be smart in ico investment you can invest.

maybe you have to follow them in their social media, as mostly are announcing their current activity on that coin.. specially in their telegram if they have..

If you will buy many tokens and leave it on different exchanges then you might forget it.
Though if you will ahve it on your wallet and do like blockfolio and some others, then keep tracking the telegram group and their pages then you can hang tight.
For me it is better to have many coins than a few, this will give you more goods.

This is a big mistake with long-term investments. You should update relevant information about it every month, which helps you avoid mistakes. This is a severe error, and you have lost 0.3 BTC. This is a lesson for you to help you avoid future errors.

FOr me too many coins/tokens will give you a pain.
You should seek for some few real good tokens on your wallet and focus on it.
Like 10 coins will be good as long as htey have the best potentials, then harvesting too many which could lead you to worng  way.

That not possible for someone to forget where he or she invest is money, even if i buy 100 coins i will surely keep them safe because i won't want to lose the money i invested in it.

very true indeed. we cannot hold too many coins, because it is not effective enough, when we hold a lot of coins we will find it difficult to understand the flow of each coin coin. for me the maximum coin that can hold is only 3 coins because in this way it will make us truly understand one by one our coins.

if you really are holder altcoin why not choose major altcoin, the feel better than we hodl shitcoin, we can keep slowly for hodl top altcoin and and let their prices going to the moon again someday

I had the same experience but mine wasn't because I bought too many coins but because I didn't follow up on the news. Bancor has made it possible to swap Eos again. If it's Eos you're talking about you can still swap.

I'm sorry you lost the money. I did not get into such situations, the developers always sent me new coins.

I don't think one can easily forget a coin bought with money. It can never be too much to be forgotten. Before you must have invested in a project, you must have thought it through.

Somehow, I agree with the title that we don't have to buy too many coins because it's hard to handle on every coin and sometimes, it could make us forget about what we have. Besides that, if you have more than 20 coins, you need longer time to check all of your coins, and that might make you lose the chance to sell that coin if the price increase.

Sorry about that, but that's the truth.
It's good to keep track of the coins we have in our possession, but this can only work when they are not too much.
I think going for just few good coins is better while keeping some for long term and some for short term depending on their potential, if possible have a jotter to write all down for easy reference.

As painful as it is, but it's the truth. Buying too much coin one might end up not keeping track of them.
In my own opinion, it's preferably buying just few with great use case and watching them to secure your investment than going for many and ending up losing your investment, unless you are in for short term.

I agree with you, buying too much the investor will surly forget some of his coins or even to the extent of losing the wallet keys.
It's far better to invest in some or the ones that can be monitored perfectly while knowing when to exit as the case maybe. But if for long term he should be careful of the coin and where to store it for easy monitoring.

We need to spend a lot of time to keep track the latest news from all the coins, if not maybe will miss the huge news like miss the tokens swap deadline and our coins will become useless. It's just like me, I'm lose a lot of chance to sell coins in great price, but I won't do the mistake again.

This is true because portfolios are best kept simple for easy management. You can't effectively manage your bag without control and monitoring. Although portfolio management apps like Blockfolio and coinstats have been created to solve this particular problem

I hate everything about swapping. Many investors will definitely miss out on the swapping event because of lack of proper record. Flasmoni is about to carry out a swap, I know many investors will lose out as they have brought forth the option of KYC. 

It is also the mistake from the coin creators. I do not understand why swap should be time limited. It is my choice if I continue holding token in my Ethere wallet or I will migrate to a new chain or?

Almost all projects announce swap months earlier, when you hold something for two years you need to pay attention on it. Follow the project on twitter, telegram, their web page, or any other place, there are many of them, and every project, good project is active on more than 5 places (twitter, facebook, telegram, medium, discord, reddit...list goes on).
My experience is positive, I was late for tron swap to main network, what happened is that I had trons on idex, they didn`t support swap (how could they when they are just for eth tokens), so I contacted tron support and they were fast and I swapped trons on some exchange (recommended from tron support).

To op, dont despair, contact team, maybe there is some solution for your problem.

Indeed is a bit hard to have a lot of coins and if they will swap to manage all of them and to not lose the swap time, can take a lot of time to do and maybe miss some of the swaps.

Even in bounty hunting, it requires enormous effort and time to keep track of all your bounty activities and news related to the project you're promoting.

Yeah, bro, I feel sometimes that is hard to track the latest news from all of the coins. But I don't depend on the news because I learnt from my past that I could not get any profit while I am reading the wrong news. It always better to analyze by ourselves to find the right coin with the right price to trade.

So sad news. The people from different walks of life have joined cryptocurrency. Some of them are 24 hours involving in cryptocurrency, while others are so much busy that they do not have time to look at cryptocurrency for months. You maybe one of them. But for me, I do regularly check the crypto market on at least a daily basis. And this may not happen to me I believe.

You will only forget if you buy with small money ,who will forget a coon or token thats been bought with 100$ of dollars?? And more over you can keep track of your coins ,there are many trackers on play store

If the coin or token we hold already in market or coinmarketcap, we can put it at watchlist. Its more easier watching our portfolio growth or many people using blockfolio if we dont want to forget our investment.
I am agree that we should not collect many coin, better hold several coin but have big trading volume

Everyone should determine for themselves the choice of strategy and portfolio of cryptocurrencies. Some people are engaged in cryptocurrency more or less professionally. For other people it is a hobby and is not the main source of income.

I think you will tend to forgot if you invested with little or less money. Its always my principle that everything is a choice and as such everyone should choose and decide for themselves the type of coins they want to invest.

I'm sorry, but how can you not keep track of your investments?
To me, that's like forgetting where you put your wallet.
But, I guess it can get hard to keep track of everything.

That's why for the longest time people have had the most success with the balanced portfolio.
The one where you have invested in 5 coins max.
40 to 60% of your portfolio in btc, eth or ltc (the major coins that can be quickly converted to fiat)
20 to 30% in 2 undervalued alts
than the rest 1 to 2 risky investments.
Buy them low, sell them high, increase your capital.  Works well.

Also if you hold your coins at exchange wallet it should periodically check about delisting. It was occur with me several times (
One need to check your portfolio at least two times per month

Everyone must choose coins for investment that can bring benefit to the investor or to the community as a whole. otherwise, you will lose your money and choose the wrong coin.

I wonder what coin was that? been bagging some coins long from 2017 and almost forget the private keys too. It would be a good lesson to always keep track of your portfolio somewhere, like a exchange API software or something. Still its difficult to track cold funds if they were too diverse. I tend to keep my position close along with their numbers, news to make sure i won't miss any devastating announcements

0.3 Bitcoin is alot, perhaps a few good bounties might bring back those somehow

Having a lot of different altcoins in its assets is very difficult to keep track of the swap of each of them.  For this reason, there is a risk of loss, omission of time, since you did not have time to go on time.  It is too complicated.  You can choose not a large number of the best altcoins, but the remaining perpevesti in BTC.  In this case, the risk of losing investment will be reduced and it will be easier to control the situation.

my advice is to buy a few coins that are really potential and can be used as hope coins. select coins in the top 10 coinmarketcap and hold a large amount of it will increase profit

Yea. It's better less but better. I think no more than 10 different assets should in the portfolio.
Otherwise it's too hard to control all assets. And for Bitcoin it is needed to be at least a half of all funds

There are a lot of promising projects on the market, when you start investing you want to buy a lot. However, there are some pitfalls. Buying too many coins (over 10) will lead to difficulty in managing them. But even if you cope with this, for example, you set up notifications in the program monitoring your potfelters, you can miss the moment when the coin switches to another blockchain, which happens quite often, and lose money.

It depends on a person. If you can concentrate, you will never forget to control all of your tokens. On the other hand, if you have more than 25-30 alts, it can become impossible. The portfolio should not have only 1-2 cryptos, at least 10-14 are needed.

I made this mistakes sometimes back but now, I'm better and know better. I don't hold on to too many tokens as I know it's the surest way to losses. No matter the hype, I just buy and trade off on getting some Profit. I believe greed is also part of this issue with trades who keep.hilding till it's dips.

This happens when you use a large number of wallets to hold funds. These days it is possible to keep track of our portfolio with ease through different applications. At times you need to be greedy with cryptocurrency, else you might miss the opportunity to miss the chance of profiting. There will be lot of funds got lost in this way, having a portfolio will help with this issue.

Thanks for sharing but I think the problem here is how you store and hold your coins. You can buy as many coins as you want but you have to make sure it stored safely and organized so you can always monitor it and know what happen to them. Its like making a portfolio out of it and you should monitor and check it from time to time.

I always keep up with the latest information from the coins that I hold, making sure every project has a roadmap that will run mainnet, this is very difficult when they have a new roadmap to create their own blockchain.
But I will contact the admin and team members if I have tokens and do not swap at that time, I think they will help.

It os very difficult managing a large portfolio of alts, you may often miss certain opportunities. Have had a coin that I have been holding and forgotten until it pumped and dumped hugely below buy price. Still in my wallet and have been counted as a bad investment

I do not think that missed token swap is the worst scenario for investor. The worst scenario is a dead project, a project that is active few months after the token sale but they suddenly decided to end the development. This can be considered as a scam, they raised money for the development, but there is no one to punish them .  ???

I also often experience this forgetting which coin I deposit, because I keep too many different types of coins and put them on some exchangers, especially swap coins.  some time ago there was a friend who told me about delta balances, on the site I was able to more easily manage my crypto coins assets.

Thanks for your valuable information. This may happen when you are too much busy or you have a large amount of portfolios. If you are busy in other sort of work, you may not have enough time for cryptocurrency and you will miss deadline for swap or KYC verification to  claim coins. So we must get updated about the project we have invested in.

Have too much portfolios and too diverse are the main reasons I forgot my coin, I think I have forgotten a huge chunk amount of coin in my address which I have forgotten private key alone, I really think that it's better for people with many altcoins to atleast have their own private portfolios management for the sake of not forgetting the coins.

It's true, I prefer limiting my portfolio to maximum of 5 solid projects, rather than buying too many coins that I can't keep up with all.  When holding coins, I usually turn on social media notifications especially twitter for the said projects, to avoid missing useful info. By the way thanks for this post, and sorry for your loss.

I know what you mean. Having a diverse portfolio is important but if you get it too diverse, it can bite you where it hurts. Token swap can be handled but there are projects that completely die after a year or so and some of them even delisted from the exchange that's why it's safer to stick to top 50 if you don't like watching the chart all day.

Your choice is very right, choosing to focus on some good projects is not too many assets because it will reduce our focus in assessing and analyzing projects. even in long-term investments we have to make careful calculations.

I think if we have a lot of altcoins, it's not a good thing because we have to really pay attention to the development of our coins.
Having 1-10 altcoin in my opinion is enough, more than that is already excessive.
that's just my personal opinion, because we have to focus on observing every coin we have.
if too much do we have keep our focus to do it ??

I meet information almost everywhere that professionals always advise even the newest investor in this field to invest in at least 10 projects that he thinks may be the most promising.  K I think that this is the most correct approach anyway, because at least after a certain time, at least in the results of 50 percent of your beckoning there will be 100% luck.

yes I agree with you, why buy lots of coins but not profitable later. it's better to buy coins that are already in the top 100 markets, it will most likely be profitable later. as a trader we must be smart in choosing coins that we will invest later, so that the profits obtained are as expected.

I also have many coins before but I didn't forget about it. I even stored them on their own wallets and didn't keep them on exchanges. I've also made backups of those wallet too. It's the owner's fault if he forgot his coins. For me if I spend money or time into it I wouldn't go it into waste. Even if it's just a small amount of money it can still buy something.

It is important to understand that no one knows how expensive these or other coins may cost in the future. ETH is one of the famous examples. and if you forgot your passwords then it is very upset

You can and should keep multiple tokens depending on your finances. If the amount of investment is low, you should focus on 1-3 altcoin, while a large investment can amount to more than 10 altcoin. But have to understand carefully before investing

this is fact!!! I can use myself as an example in this case. There have been situation where I couldn't follow up all the projects I held its token and missed out on important updates from the team.

Right, sometimes we have difficulty controlling it if we have lots of coins. many people are competing to buy coins which in the end they forget and once they see it the price of the coin has fallen. then it will suffer losses.

To buy a lot of different coins, not very reasonable. But bounty hunters get different coins from airdrops and bounty, then they better sell coins that don't inspire confidence.

It is right, it is not really recommended to have or hold too many coins because it won't be easy to monitor the project of all of them. Investing in like ten solid projects should be enough and it will also be easy to see there achievements.

That's a sad story. If you invest such an amount in a single project, you should follow it in Social Medias like Twitter or Telegram to keep abreast the possible swaps. Anyway, it is better to split your funds between many project.

Probably my biggest mistake is to keep the portfolio more than 20 different alts, it is better to concentrate on fewer but to follow them carefully.

I guess that is negligence on your part because no matter how many coins you have got, you should be able to follow up if you truly believe in those coins, all you need to do is to follow up at least once in a week because dev will surely give at least a week notice for a swap.

I do not know if there is a similar topic on the forum, but there are channels in the telegram in which upcoming SWAPs are published. With their help, you minimize the loss of funds due to swap

Sorry to heat that mate, but I have also met some teams, that gave several weeks for a token swap. This is just ridiculous, because I have so much telegram channels that I simply cannot follow every single news. But you are right, you should always pay attention to the projects in your portfolio.

I think sometimes they do a swap just to screw you, or at least that is how I feel. I hate swaps sometimes. They seem to often make the price go up for some reason. I think it is because it makes people all excited.
The best thing to do is create a folder in your bookmarks and add each projects Ann thread and social media and every now and then check the telegram to see how the project is doing. Don't forget to add the coingecko links. I lost out on 0.18 BTC it was worth 0.09 be the swap and then it went down after the swap while the newly swapped tokens went to up 2x

I agree it is a bitter experience. But most of the bounty hunters meet with this problem and often do not know about it. Since very few people

Thanks to some mobile applications like Bituniverse you can keep track of all your cryptocurrencies easily.
So having more altcoins means less risk because you diversify your portfolio against loss.

If not for your post about the loss of large amounts of money that I would have never checked their wallets. Now I found that a lot of my useless coins were listed on the stock exchange) Thank you very much.

This is bad, I thought they will be a workaround whereby you can always swap the coins you're holding even if you miss the deadline. Also if you anyone wish to hodl a coin, it's best to store it in a wallet that will likely support every swap the coin might do in the future.

I agree with your opinion, because it is better to have several coins that have brighter prospects and future, such as Bitcoin, Ethereum, Dash, Litecoin or other coins that have a fairly high sale value, at least above USD 10.
I am sure that such a benchmark will not worry that the coins held are not valuable, or that they are not registered in the crypto market because they are not selling well or the price is so cheap that no investor is interested in owning it.

This is both funny and sad. I have not experienced the same but I have experienced having coins that I thought were already dead. Only to find out later on that they were still alive and are actively traded on a few exchanges. It is always good to have different altcoins in your portfolio. But not too much so that you will eventually forget tracking updates of their development.

what you say is true, too. it's better to buy a little but can get a big profit than a lot but later it will disappear, it's just a waste of funds and time. most if prices are dropped off all want to be bought without analyzing it first, whether it can get profits in the future or not.

And that my friend is your fault indeed ,since you aren't aware of the swap means you dont follow the coin's channel for updates ,every single altcoins I own I always stay updated and on the look out for any news

I suggest if you hold coin, you better always monitor telegram or social media from the coin, so that you can find out if there are progress or changes that occur in the project or product from coin that you have, because like what happened to you when coin that you have changes to a new coin and you are late doing it, so you lose the coin and of course you also lose your money, then I suggest you to always monitor telegram or social media from coin that you have and of course that can help you to avoid something that can make your money lost.

Yes i was like you, but im not lose so much, i just lose about 0.03 btc at that time, but i still feeling sad everytime i remember that coin, i was not so careful with this coin because at that time, i think thats just shitcoin :(

I agree with you. I have been also a victim of not checking on my coins for a long time and eventually missed the token swap losing quite a substantial amount of assets in the process. What I do know is just hold a few coins that I can monitor and manage properly.

Oh yes, you always have to follow everything and remember a lot. It is best to use for these purposes a table in which you can enter information about the coin. At the time of the event it is necessary to set reminders on the phone or in any other way convenient for you. These actions will help you a little bit, as we all know that often projects don't set clear dates for their events or updates, so very often you have to check all the information yourself, and this is so exhausting ...

Yeah it happens when you invest in so many coins and then don’t even check it for long term so people use to forget about the private key, so better invest in one or only two coins because it will be easy to keep in your mind and it will be easy to hold it as long as you want to, use wallet which is blockchain, best coin to invest your money is one and only BTC, ETH both are good coins.

you are totally correct. thank you for reminding. most of the people prefer to buy so many different altcoins. and it is impossible to follow each of them everyday. and after a while you become just a bag holder.

I agree with you 100% very difficult to keep track of the many coins that are in your wallet.  it is better to choose a little but a high-end and really productive coins, and not spent on cheap and a large number of coins that will not bring you anything and only you will spend time on it.

But from another perspective, I would prefer investment diversification. It is not always good to put all your eggs in a basket. Investing in different Altcoins is preferable for me but not too much. One just need to keep record of all assets own then follow their news from time to time.

Sorry about that, with the latest trend nowadays which is either swap or migrating from one blockchain to another one needs to be careful of the coins he invest in so as to be able to keep track of them always. I too have lost some coins too due to this and I have learnt my lessons thus holding just few with higher percentage being in BTC and ETH.

I also experienced that when I just started in crypto, you forgot about it while waiting for their announcements, I also lose my keys sometimes, but as of now there are more new features that you can securely hold your tokens. Lesson Learned.

Everything comes with its advantages and disadvantages. What matters most is which one outweighs the other. If it is more advantageous to diversify ones portfolio in order to increase the rate of attaining profit, I do not think just a single disadvantage should discourage an investor. An investor must always be ready to follow up on each coin in possession. Never buy at all if you cannot follow up on the coin to know its progress because you might not even know when it is necessary to cash out to make the maximum profit.

yes that is true, we can make your experience an example to be more vigilant before investing in any coin or altcoin. and of course investment with bitcoin will not suffer big losses because the price movements always increase and have great potential for the long term.

I agree with your argument, that swap is indeed very risky and cannot run successfully. I am not an investor, but I have participated in a bounty that has already distributed the token to my wallet, then the team said that the token will be swapped to its top again after it can be sold. but the process has been running for more than a year and there has been no happy notification.

so, be careful with the token / coin swap.

This market has been a highly volatile market, even with BTC. But at all I found that the whales always pumped BTC first to make the investor fomo, then the altcoin pump. What everyone needs to do is wait and choose the right altcoin

I totally agree with you. Buying too much coins only creates a confusion and difficult to trade by keeping an eye on all of them which eventually leads to loss. Limited and good coins will be the best option if you want to trade.

Who have that much money to throw around! i don't know if anyone will have so much money to invest in so many different coins that he/she can not even be able to keep count off :o lol! is that in fiction or reality? well if actually we have such people in the crypto community i hope they find a better way of keeping track of their assets, app like blockfolio is a good recommendation for such people, this will help them keep track of their vast coins ;D

actually it's all up to each of them whether they want to buy coins or not. because we can't guess the coin, so we don't rush to buy coins with unfavorable conditions. therefore we need to see good conditions to buy good coins, of course.

This is the fact, never buy to many coins as the probability of forgetting some is high. Also, nowadays it either there is a swap or the coin is getting delisted etc which in each case if proper attention wasn't given results to loss.
It certainly better buying as the few we can monitor to reduce unforeseen risks.

Yes, I had the same situation. Those assets that I bought as an investor are sometimes viewed. The same assets that I received as a hunter are not tracked by me.
On the one hand, we should control our assets. On the other hand, developers should not limit the time of the swap or let little time to all holders.

In terms of money, asset and profits. We never forgot them. But if we talk about our liabilities, probably there are many credits that we don`t know is existing. Money is our life. I am not saying that it may substitute God, but it is necessarily right now. So, we never forget them. As a matter of fact, you might forget your girlfriend`s birthday than the number of bitcoins you have in your wallet. What I am saying is that, even we bought many coins. I know that all of them can be remembered by our mind. Because they are all essentials.

That really is a huge mistake on your part and it's a big amount, but have you tried to request the developer since it's a big amount involved he can grant your request, but if they will not. then charge it to experience and thanks for sharing this to us.

whenever you buy coin/token you should follow at least their social media or telegram group or telegram announcement , so you won't miss any news when they do swap or another important news. I did the same thing like you, bought too much coin but i didn't miss their news regarding my coin

The best thing one can do is not together too many coins. When they are too much, they become difficult to monitor their processes and development. There is no reason why we should make plans to fail. Just invest in the number of coins you can manage without any stress and let the losses be limited to things outside our reach

Sorry for that, it is indeed a painful experience. I had such issue but not as huge as yours and ever since then I tend to be extremely careful in buying coins and keeping track of all no matter what; not ready to experience such again. However, buying the ones we can monitor matters a lot.

Oh, sorry about your loss. Its very important to keep track on all the coin someone is holding because there maybe development and one may not be aware of it. I also had a similar case but this one is about sudden  increase in price. There is this crypto called Darc Token and I have some bag of the coin but I just decided to leave it for a while but unknown to me, the coin had 257% increase and I was not aware of it.

Yes it is all about the investor that how much he want to invest and which coin he likes to invest but it is much better if you choose good coin before getting in, market is full of coins now a day BTC, ETH are the only good coins to invest and to spend your money, it gives profit and it is sign of safety for all new and old investors so after BTC only EHT should be chosen to invest.

In any case, for me at least 15 different coins is the norm for my portfolio.  Of course, I don’t confuse them, because before I buy them, I do a very thorough analysis and therefore I keep all the information about these projects in me.

I think there are so many ways to avoid that kind of issues like in take down notes like an old style and now that we are using high technology smart phones we can use print screens to serves as a reminders to us about our coin and other transaction that we need to do or to remember specially coin that we hold.

What i do for me not to forget anything i bought or earned?

Before i buy a token i make sure that it is on BLOCKFOLIO as this will make me easier to manage them.
I also have my telegram alone with token team.i do have a seperate account which is make sure that the group i am in is with those team which their tokens is at my wallet.
This can give you good token management.

I have been a victim of this severally, some projects swap without my notice and I end up holding a bunch of useless tokens in my wallet, this is why I turned on the twitter notification of every coin I buy, to avoid mistakes.

The issue is that there are many projects you may do or join or invest but many of them may also end uo as scam, worthless or useless. It's your duty now to keep the good performing ones veey precious, follow the news, their channels and etc so you don't miss out. If you say you're tracking all coins you can't. Just forget about the "useless" ones and keep kn touch with the lively.

I can feel that agonizing even just from your story. Some investors some of the time have that experience,they have great ability yet awful at managing their asset. I hear likewise such a large number of token or coins swapped to move their very own blockchain that way we should have our note to keep recall where we are contribute. On the off chance that we choose to center, all things considered, right now we should likewise observe to keep checked our asset. Keep in mind that is your asset for your future.