Are there still people holding worthless altcoins?

[Delaforetnoire]

There was a time for altcoins when it was possible to make a lot of profit but that time is not there anymore. If that time was still there then a lot of good profit could be made.

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

[Charles-Tim]

The best is to trade most altcoins. If luckily it pumped, just sell it before it will be too late because it will later dump more than the price that you bought it.

I held some for some time and I later sold them after they increased in prices. Most of them later fell in this year more than the prices they fell to in 2022 bear market. Although, some of them rose again up to 2 to 3x not quite long.

[Cointxz]

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

I join a lot of translation campaigns of altcoin ICO way back when altcoin market is still trending and you will see lots of useless tokens on my previous wallet address that stuck since moving them will cost more transaction fee than just forgetting about it.

I spend lots of hour doing translation of altcoin whitepaper and ANN thread that result to nothing but shit tokens so I considered these tokens as remembrance to my previous work. 

[Sammysmart001]

Most of them later fell in this year more than the prices they fell to in 2022 bear market. Although, some of them rose again up to 2 to 3x not quite long.

Knowing when to accept that the project is no longer worth holding is one of the difficult part with some of these old altcoins, cause some people feels that a coin is recovering once it start to go up 2x or 3x after a long decline but this doesn’t mean that the project has become strong again.
Looking at whether the project still has a real activity is the important thing to look at and also a reason to exist. Cause if all this are gone having to wait for another pump can keep your funds stuck in an asset that might not even recover.

[Dr.Bitcoin_Strange]

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

I have a few altcoins in my old wallet that are worthless already and I got some of those coins before 2022 but that was when I still had hope in altcoins, I followed my friends, we all thought that these coins could make us millionaires one day but it never did, how I even recovered some of my capital was that I made profit from few of the altcoins while the majority never got above the price I bought them. I stop investing in random newly developed altcoins around 2022 after I learned that Bitcoin investment is more reliable than all the other shitcoin. If there are people that are still hoping that altcoins will change their life and are heavily investing on it instead of to invest in Bitcoin, they should just bear in mind that they are gambling because to make profit from altcoins is now based on luck and not certainty.

[athanred]

Are there still people holding worthless altcoins?

Of course. Some people are just holding them for too long, and then they become not worth even selling, if there is no exchange, no buyers, and just a chain, which is slowly collapsing, when it is hard to find even non-pruned peers, willing to serve you next blocks.

Do you still have any altcoins in your holdings like this that currently have no value at all?

Yes, I have some CPU coins, where it is more difficult to sync the chain, than to mine next blocks.

There was a time for altcoins when it was possible to make a lot of profit but that time is not there anymore.

Well, there are still many altcoins, where mining them, and selling on the spot is still profitable (or just more profitable, than mining BTCs directly with the same hardware). Many altcoins are not designed for traders to profit, but for miners. They exist only to be mined and sold to someone, who wish the coin will be worth more over time.

[NeuroticFish]

Do you still have any altcoins in your holdings like this that currently have no value at all?

If I search deeply in my backups I am sure I will find quite a few. One I do remember of is HeavyCoin (I think it was HVC).
Why are you asking? Reviving any of then is just wasted effort. I see in your history you were also interested in some I've never heard of 
Plus: why the huge gap in talking?

[Frankolala]

During altcoins hype, I had bought some and that was before I became a member here in the forum. I thought that, those shitcoins will make me rich but too bad, they put me in a big loss because they're sitting in my wallet useless. Getting here, I was told that only bitcoin is worth investing in and I have confirmed it since, I started buying bitcoin. You don't hold shitcoins for long if possible, sell it even when you're in loss because it might become useless tomorrow.

[zasad@]

There was a time for altcoins when it was possible to make a lot of profit but that time is not there anymore. If that time was still there then a lot of good profit could be made.

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

I tried buying ecosystem altcoins like Cosmos and Polkadot, but the investment results have been negative. Fortunately, I allocated no more than 20% of my investment portfolio to these experiments, keeping the bulk of my investments in Ethereum and Bitcoin. It is interesting to note that a huge number of tokens in these ecosystems are staked, yet staking itself is unprofitable given the drop in price.

[Odohu]

I still have a lot of them in my wallet, not that I'm holding most of them to make money from them but because they are dead and no liquidity to even sell. I spend good money buying some of them due to what I perceived as opportunity to earn big from them but I never knew they would turn out so bad. I don't advise anyone to put too much money into new tokens because they usually become shitcons after few years. The best is to simply put small funds and sell if the opportunity to see it pumped arises.

[Mayor of ogba]

People are not making much money from altcoins the way they did six years ago but there are people who are still cashing out big from altcoins since the beginning of this bull run cycle. I don't invest in altcoins so I don't have any altcoin in my wallet, however there are some tokens in people's wallets that are useless and have no value because they invested in a scam altcoin project or the token they invested in could survive the prolonged bear market.

[NewRevelation]

People are not making much money from altcoins the way they did six years ago but there are people who are still cashing out big from altcoins since the beginning of this bull run cycle. I don't invest in altcoins so I don't have any altcoin in my wallet, however there are some tokens in people's wallets that are useless and have no value because they invested in a scam altcoin project or the token they invested in could survive the prolonged bear market.

There are lots of people still holding. Some still believe that it will pump someday, and they still hold unto it. Some are just hilfiynot because they have hope in it. They are just holding for holding sake. Not intentional about it because they already lost hope about it. Another reason while some is still holding till date is that it's not easy for them let go considering the amount of money they spent when I investing in the project. It's just so disappointing that you put in so much maouuof money into a project and at the end, you discover it's pump and dump.

I have only gotten involved in an altcoin once, and I lost massively, even my time was just so wasted. And I got off from such activities. But I have friends who are still very much active and holding depite there losses. They still have hooes, I guess.

[aioc]

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

I call them shitcoins. If you're an active investor, bounty participant, and airdrop hunter, you'll end up accumulating these shitcoins because it's hard to differentiate between good and bad ones; you'll only know when the developers and whales abandon them.
This is the curse of being the three that I've mentioned; the best thing to do is to leave these wallets by transferring the good coins from the shitcoins, then move on.

[noorman0]

There are lots of people still holding. Some still believe that it will pump someday, and they still hold unto it.

Regarding altcoins that have gone through several bull runs without making any progress, I don't think anyone holds out any hope for them anymore. It’s just that the network fees required to offload them elsewhere are too high to justify the cost. I vividly recall the ICO and airdrop hype of the past, when one could easily accumulate over 20different types of random tokens.

[Churchillvv]

Truly a good number of us definitely have some altcoins in some old left behind wallets, personally I have and I’m pretty sure those things are worthless right now deserves no attention or trying to sell at any point except the top altcoins which still have value regardless of lower pricing and no boom moments but however if they pump next thing is to sell and wipe the wallet. When you check those wallets you will see 0s in infinity.

[Alonso_]

People are not making much money from altcoins the way they did six years ago but there are people who are still cashing out big from altcoins since the beginning of this bull run cycle. I don't invest in altcoins so I don't have any altcoin in my wallet, however there are some tokens in people's wallets that are useless and have no value because they invested in a scam altcoin project or the token they invested in could survive the prolonged bear market.

Yes, I have previously had some altcoin projects two years ago, unfortunately nothing reasonable did happen with this altcoins they were a huge disappointment, I’m not a fan of altcoins but some friends did convince me about some certain altcoins, and I lost some money, ever since I stop associating myself with altcoins, I believe there are people who still appreciate and own some altcoins, I don’t really know how it’s going for them, altcoin projects are mostly not for a long term, just for a short term and trading, however I don’t have any altcoin in my possession, I was dealt a huge blow after acquiring some shitty altcoins.

[Ojima-ojo]

Holding worthless coins in the wallet can be as a result of multiple reasons, I am not a fan of altcoins investment but I have few that I grabbed year's back and it was because of the advice of a friend who also got the same shitcoins at that time, I also have a few other's that get dumped on me through some free airdrops which were meant for testing the platform ecosystem but failed to even get to that testnet level.


That is the reason I Said some of us holding those altcoins have different reasons why we still have those coins seating in our wallet despite their are proven to be worthless.

[Ahli38]

There was a time for altcoins when it was possible to make a lot of profit but that time is not there anymore. If that time was still there then a lot of good profit could be made.

There are some tokens in the wallet that have become useless and have no value. Do you still have any altcoins in your holdings like this that currently have no value at all?

I still hold a few altcoins that are no longer valuable or even worth trading. Many of the altcoins I hold no longer have markets available for trades. And the liquidity of some of these altcoins has become so thin that it seems pointless to hold such a large number of tokens. I personally no longer have high hopes for the junk altcoins I hold by considering that their future is bleak since their communities are no longer active as I saw. I think some of altcoins might have generated profits in the past after being held for a while. But I believe it’s highly unlikely to experience that kind of momentum again right now given that smart money isn’t hyping up altcoins as often anymore. And the pie to be shared is very limited with so many altcoins in circulation today.