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Author Topic: Are there still people holding worthless altcoins?  (Read 209 times)
Jostle
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Today at 08:24:06 PM
 #21

I bought many altcoins during covid and post-covid. Was quite heavily invested in the Cosmos ecosystem (Atom, Cronos, Juno, Osmosis, etc), but unfortunately, despite the good use cases, those altcoin prices dumped heavily.

Learnt a lesson. Use cases != price appreciation. There are so many other important factors.

Now I only have BTC and ETH.
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Today at 09:46:55 PM
 #22

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?
Some worthless coins are still in my wallets, I regret buying some of these coins because I thought they are you going to have good future, but the market turned against these projects because they are not strong enough to withstand this long bear market, selling them off is not the solution because I lost a lot already, I need to be patient to wait for the market to recover or even wait for the bull run to sell these coins that’s if they will still be alive by then because in this crypto market, only projects with great potentials will survive in this market.

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Today at 09:57:59 PM
 #23

Despite having few good ecosystem coins, things are looking not good for altcoins because most are going down and investors are losing drastic amounts of money. It's increasing discouragement for people who have the mind to invest in altcoins.
I personally lost enough money and now have a lesson: never try to have these because mostly they have no chance of giving any penny back to investors; they are dead or created to have investors' money and then never do anything positive. Recently, Solan has had a good jump; it's encouraging people for investment, and a few are doing it, but I am still having just Bitcoin without any hesitation because investing in these can ruin funds quickly.
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Today at 09:59:09 PM
 #24

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?
Yes but, I didn't bought them.

IIRC, those were from the automatic distributions of airdrops per wallet address. I have never seen them grow in value.

Maybe some but, I thought that they will be more worth it than the receiving value but in the end I held them and got nothing. No reasons to sell but, I can't dispose them.

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Today at 09:59:28 PM
 #25

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.
There's nothing people can do when the coin they invested their money in with the hope of making profit in the future turn out to have no value, they will just allow the coin to be in their wallet, or if it comes to worse they will turn off the coin in their wallet so that anytime they open their wallet they won't see the coin. It's good you stopped investing in altcoins after you experience your first loss on your first attempt of investing in altcoin, you just saved yourself from further losses.

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Today at 10:01:19 PM
 #26

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 guess they are holding on to them out of the hope that somehow, someday, they will get their money back from a failed coin? I can kind of understand that though, I myself am still holding on to a handful of crapcoins from the ICO age. Roll Eyes

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Today at 11:01:51 PM
 #27

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?
Obviously. I had like countless of different wallet addresses and i was getting all sort of promotional and bounty tokens.
But you can make a lot of profit in a same way these days. It doesn't even matter if majority of them are scams, because we were making money with tokens we knew that wouldn't fly in a long run.

Majority of them were just experiments or just slow rug pulls and people believed them, sometimes even the devs believed in them, but that didn't help.
Trick was that you didn't want to end up being a bag holder. Lots of times it was the only option though, as liquidity never came, so those are still in my wallets.

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Today at 11:46:09 PM
 #28

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?
Yes, of course. I still have it.
If I were not so lazy, I would actually take screenshots of my portfolio.

But, ugh, I really can't be bothered to deal with those shitcoins. Still, at least I have this lousy list:
1. BTTC (I'm pretty sure this one is dead)
2. ATH (Aither Token, I honestly don't even know what this token is or where I got it)
3. KOM (Ugh, I'm also confused about where I got this one)
4. Pepe (Got caught up in the FOMO. I'm sure this one will die out or has no future)
5. VELO (No idea why I even have this)
6. SFP (The price used to be really good back in the day)
7. SUN (This one even switched blockchains)
8. And plenty more.
Should I also include POL, Doge, and LTC on this list?
These are truly worthless altcoins now.

so many lesson from these

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