Dead Coins

[ali1177]

Yes I am holding many dead coins i have accumulated them in 2017 but now in 2021 they have no value we should never hold coins which has no strong fundamentals. We always make sure that we follow their social media for the latest update that's how we can know which project could be scam in future.

[Mr.Noda]

I have a lot of junk coins received from bounty and distribution. They will continue to hang on my wallet until the end of time.

[erep]

we all received fake coins and am afraid if by mistake anytime I connect it I might lose my other precious coins in my wallet even I also wanted to know how to remove or hide them. We must not try to sell those coins that landed in our wallet that is not in our knowledge. Be carefull while buying and selling any coins 

I think any wallet app nowadays has a feature to hide certain tokens or remove them from the coin list, actually without hiding them it doesn't matter because you are not trading or transferring that coin.

[Ziskinberg]

I have a lot of junk coins received from bounty and distribution. They will continue to hang on my wallet until the end of time.

If it doesn't bother you, why not. Who knows one day they will be so valuable, just like the old days when shit coins pump during the bull run and then just die after the bull run, sometimes things happen like that, it gives us an opportunity to reward us for still holding a "dead coin".

[albon]

Undoubtedly, most of us have dead coins because we joined scam airdrops and bounties for failed or scam projects, these dead coins that we received are of no use, but if we hold them in the long term, we may be lucky to get some profit from one of these coins, If you do not want to receive these dead coins in your wallet, you must, before you join any project, make sure of it, its information, and the team behind it.

[Koutami]

How should we manage dead coins?

Its already dead, not worth it to manage it anymore. Also, nothing needed to do since it wont hurt you anymore.

[freedomgo]

I have a lot of junk coins received from bounty and distribution. They will continue to hang on my wallet until the end of time.

It's your choice to keep them until you want. You might be lucky one of these days that some of your dead coins are starting to increase their value when you least expect it. So just keep them as long as you want.

But for most of us here who have bad experiences on dead coins, much better if we'll just let them go and move on. There's no reason holding them as they are dead coins already so they should put into trash. I suggest to choose those well developed and established coins as they have more chances to be more valuable in the future and will give us the best benefits we always want.

[Bagong91]

Do you hold any dead coins?

reading this reminds me of a coin that made my expectations high, hoping the coin will go to the moon turns out I was wrong and now the coin is dead and cannot be exchanged

How should we manage dead coins?

I think it's enough for you to forget and don't expect the coin to come back to life because it takes up your precious time

[airdata]

I have many dead coins in my wallets which i either received from bounty, airdrop or participating in IDO, IEO or from exchanges. This is a common matter that any active wallet may have few dead tokens. Once i tried to send dead coins from wallet but after increasing Gas fees in ethereum network, all dead coins remains as a dead and collaborates my wallet which is degusting.

Have many dead project's token of maximum airdrop and Bounty hunter's crypto wallet, and i think not have any dead token on investors wallet.
Also when i was a beginner on crypto world, i joined airdrop and bounty, and maximum token i received from airdrop, now all token is dead.               

[aioc]

Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?

There is no way to manage dead coins if the developers walked away, you can use a new wallet so you can leave your wallet where all your dead coins are stored, this is unavoidable and part of the risk of investing in Cryptocurrency, the lesson we can learn from all those dead coins is to always do diligence and always follow the coin so you'll know if the dev is going to run away so you can dump it.

[LogitechMouse]

Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?

I don't know if its only just me but right now at the time I'm posting this, its kinda nostalgic for me the feeling where you are registering in different Google Forms just for the sake of airdrops. The feeling when you are finding some airdrops online and thinking that this coin might boom after few years only to find out that it will just be one of the dead coins out there.

I know that many of us especially in the ICO hype joined into airdrops hoping to get some coins that might become a good coin after few years. Now present time, the dead coins that I got are just stored in my Ethereum address and I'm not moving it for a long time. Maybe there are some coins that might boom if you're lucky. I might look the coins that I got from airdrops now and see if there is some value in it .

[bakasabo]

How should we manage dead coins?

There is no way to manage dead coins if the developers walked away, you can use a new wallet so you can leave your wallet where all your dead coins are stored

Sadly, such method not always help. I used to have a wallet with dead or garbage coins. This forced me to create another wallet and move most valuable alts with me. But then it got loaded with that crap again. Specially in last quarter, BSC wallet mainly. It got fillled with scam tokens, which I usually receive almost every 1-2 weeks. These 30+ airdropped scam distract me a lot.

[bryant.coleman]

I don't.

But there's no solution to that if you want to manage them or get rid of them. Don't waste gas fees sending that to another wallet of yours.

You're good to just leave that wallet that contains dead coins and forget about it.

I don't understand why so many users want to get rid of the spam/dead tokens from their wallet. The wallet will get too crowded, but all that you need to do is to be a little bit more careful while dealing with the tokens. It doesn't make sense to spend valuable ETH on sending these coins to some other wallet, when the gas price is close to ATH levels. Also, some of the online wallets have this option to hide such tokens. Those users who get irritated with such tokens should try this approach rather than spending their money.

[GatotKaca]

How should we manage dead coins?

There is no way to manage dead coins if the developers walked away, you can use a new wallet so you can leave your wallet where all your dead coins are stored

Sadly, such method not always help. I used to have a wallet with dead or garbage coins. This forced me to create another wallet and move most valuable alts with me. But then it got loaded with that crap again. Specially in last quarter, BSC wallet mainly. It got fillled with scam tokens, which I usually receive almost every 1-2 weeks. These 30+ airdropped scam distract me a lot.

Honestly, it's starting to annoy me.
every transaction made with new tokens on the exchange or with old tokens on the BSC network, there will definitely be trash tokens that enter our wallet.
I'm sure, even if we change wallets, there won't be a solution for this.

[Lubang Bawah]

Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?

There's nothing we can do with dead coins, we just hope they can wake up again so that it makes our money back, since 2016 I like to participate in ICOs even with small nominals of $20 or even less, until now have about 16 coins and tokens died, my mistake is not following regular updates from the exchanges where the coins die.

[rika0223]

https://etherdelta.com/ where thousands of junk coins are registered. just visit the site, who knows your coins can still be sold there even though the price is 1 cent

If there is still a price of 1 cent, we still have our considerations for saving it, because we can still save 1 cent which knows it can increase, but the problem now is that the price is not even in the market (there is no name for the coin listed in the market table) so that like no man's coin

[tees420mar]

I think shit-coin as a good opportunity to make quick money in the recent time we have seen many investors invest in the meme coins in hope of making quick money but truth is that hardly 1-2% of them are able to make good money otherwise most of them loose. In recent times many shit coins pump and dump also even we have seen rug pull also where mostly all the investors lose their money so we should focus on good coins rather than shit coins. These shit coins in my opinion ruining the image of the cryptos it is not good for the market I feel.

[barbara44]

I have a lot of dead coins. Some of them have never entered crypto exchanges and probably will not be traded anymore. This fact does not really bother me. Other coins, the price of which in total is a meager amount, does not even make sense to withdraw from the wallet. Especially with such an ether fee.

The best way to approach these things is the simplest way to approach it, just forget about it. Do not think that every single "dead" coin will stay dead, some of them will not stay dead and make you money as well, and in those situations you should be happy that you didn't sold them. I personally do not really sell something unless I believe that it has gone up as much as it can, not when it went down.

It means that if I buy something at 10 bucks and it is 10 cents now then it's not time to sell, if I bought it at 10 dollars and it went to a thousand dollars then it could be a reason to sell, which I usually do not even do that. That's the type of situation we should be in when talking about dead coins, because most of them are not fully dead and even if fully dead then they do not worth anything anyway so why should I sell any of them?

[ziyaaa]

I try not to keep those kind of coins in my wallet as much as possible. I sometimes see that there are some coins which I didn't even hear about them. They sometimes are locked or open to use. However, I really doubt about these kind of coins as they can be the coins of a scam project. And I think about the possibility that scammers or hackers can hack my wallet somehow while I am using those coins in an exchange.

[kumala_abi]

Undoubtedly, most of us have dead coins because we joined scam airdrops and bounties for failed or scam projects, these dead coins that we received are of no use, but if we hold them in the long term, we may be lucky to get some profit from one of these coins, If you do not want to receive these dead coins in your wallet, you must, before you join any project, make sure of it, its information, and the team behind it.

we could not avoid shit project and shit token in this market either come from airdrop or bounty campaign. not all developers team have good quality developting their project, some of them even only just kidding while they create it. research will be main key to find best project in market.

I try not to keep those kind of coins in my wallet as much as possible. I sometimes see that there are some coins which I didn't even hear about them. They sometimes are locked or open to use. However, I really doubt about these kind of coins as they can be the coins of a scam project. And I think about the possibility that scammers or hackers can hack my wallet somehow while I am using those coins in an exchange.

that possibility happen , and recently i heard this case. suddenly there is new token come to our wallet and try to traded in exchanges but unfortunately our rest assets hacked. we must carefulll with strange token that come to our wallet, better move them to temp wallet that contain garbage token.