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Topic: Are you holding a bag of useless illiquid tokens? Like I do? - page 7. (Read 1207 times)

full member
Activity: 651
Merit: 103
I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
I have bags of altcoins in my wallet. I really regret my decision because I lose 97% of my portfolio due to holding shitcoins. I do not know if I have still believe that I can regain the losses that I experienced.
hero member
Activity: 994
Merit: 504
I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

 I am a trader and I don't intend to do something like that. I have studied a lot for how to invest correctly. But if you got all of that coins for free then that is not so bad at all.
full member
Activity: 322
Merit: 100
Well, I have many illiquid tokens too. They are mostly received from participating in different bounties. But i can't say that there's some problem with it. All we can do is keep participating and choose appropriate bounties.
jr. member
Activity: 448
Merit: 2
Think better
All members who are in this forum who participate in bounty or airdrop projects must receive tokens or coins from the project. If the project is successful then the coins we get will have a value of money but if the project fails then the coins we receive will become coins that are useless because they don't have value. So many members are in the same boat with us.
sr. member
Activity: 980
Merit: 261
I am an optimist, but it seems to me that these tokens will remain illiquid. You can try to do something, but I believe that it will not work, because from the very beginning it was not perceived as something serious Undecided

it is very hard to gamble your luck holding a coin that has no good potential to have a good value in the market I think it is better to trade it so that the quantity will raise and after that convert it to a good coin like bitcoin or any other stable coin you want to have.
newbie
Activity: 23
Merit: 0
I am an optimist, but it seems to me that these tokens will remain illiquid. You can try to do something, but I believe that it will not work, because from the very beginning it was not perceived as something serious Undecided
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I also have the same problem as you experienced, in my bag there is a token which but has a satisfactory price is much different when I buy the token now I am confused about what to do with the token token if I sell now then I will lose but if not I selling it just became garbage in my bag, I was confused what I should do, so that the tokens did not become garbage and I did not lose.

Better you sell your tokens before it changes become garbage and you cannot get your money's back. But if you are confident and believe that the token can increase in the future, then there is only one option for you to hold the token. You don't have to confuse with that, and I am sure that you will know what you need to do with the tokens. Many of us have the same experience as you, and everyone has their decision related to their tokens no matter they got the token by free or by buying at the ICO.
full member
Activity: 532
Merit: 101
I also have the same problem as you experienced, in my bag there is a token which but has a satisfactory price is much different when I buy the token now I am confused about what to do with the token token if I sell now then I will lose but if not I selling it just became garbage in my bag, I was confused what I should do, so that the tokens did not become garbage and I did not lose.
I also experienced it, but what I can do is hold it, as long as the project is still running according to the roadmap, because the market conditions are currently not good enough, but if my project doesn't feel well developed, then I am forced to sell
full member
Activity: 644
Merit: 100
I also have the same problem as you experienced, in my bag there is a token which but has a satisfactory price is much different when I buy the token now I am confused about what to do with the token token if I sell now then I will lose but if not I selling it just became garbage in my bag, I was confused what I should do, so that the tokens did not become garbage and I did not lose.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
well i do hold unibright and i do think they do have a great project and also great team which for me it would be a long term investments, but they do have a low volume and i do think it will takes time, until the platform are being use by big company.
hero member
Activity: 1008
Merit: 500
I have also  a lot of tokens to be disposed cause some of them  stayed on my wallet for  more than a year. 6 coins  are only listed on exchanges and more than 50 are shitcoins. And the worst most of the shitcoins is where i invested.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Creating tokens won't solve most real-world problems, and I have yet to actually see where blockchain tech has been adopted in fields such as medicine or even banking.  Surely if the really smart people who are involved in those kinds of professions saw that some token would help them perform their functions more efficiently, they would have eagerly latched onto it.  That isn't happening.  What IS happening is that a bunch of scammers are lying to people who are looking to get in on what they think is going to be the next bitcoin, and they do this with false claims, deceit, and smiling faces.  Then after they've made their money, they're on to the next scam

But aren't their "tokens" called shares? Basically, they have already latched onto it decades ago (with the "technology" being there for literally hundreds of years). So there is nothing to invent for them and the tokens we are now talking about are nothing new conceptually. It is about how they are distributed (via blockchain and smart contracts or otherwise) but this is secondary

Though I agree on the scammers part
hero member
Activity: 896
Merit: 630
Like many people, I have those things and don't know what to do. I prefer to wait and I have many frends who do the same thing. I don't feel sorry for those coins and they mean a lot to me than their actual value on the market. Somehow, I can say that I love those coins and I feel myself connected with them in a different way.
full member
Activity: 714
Merit: 114
Same thing can be said about bitcoin, in reality it is shit but there are still a lot of fools that are delusional.  Bitcoin is just as worthless as any of these other coins.

Lol are serious when you say this ? but maybe you are right because you arent the only one that said this to bitcoin . meanwhile , if btc is shit then iliquid/unliquid tokens are more shitter because you cant sell them for fortune  though they can be a good decoration inside your wallet just to show up your friends that you'v owned alot of cryptos  .
sr. member
Activity: 743
Merit: 250
Yes, I have some worthless tokens in my MEW wallet, because I participated before in useless airdrops and bounty campaigns when I started doing the altcoin job. Now I am very selective, and I try to choose carefully the most promising projects before participating in its bounty or airdrop campaigns.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
I think it can't resolve anything about that because it will be there forever because some tokens we have is from scam coin or they called it a " shitcoins". That tokens are abandoned from people that want to scam only and make a dirt in crypto.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Several useless coin in my portfolio, most of such coins are airdrop and from developers that do not have a reasonable idea to offer in the cryptocurrency community, for some coins seems to be useless, I feel when the bull run commence and they are still consistent to the project development, sure they can recover and become usefull.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
I do have numerous bags collected from bounty campaigns that are still not tradable on an exchange but the projects are developing nicely so I'm expecting a surge in price once the tokens do get listed.
jr. member
Activity: 182
Merit: 2
I think every bounty hunter does, I possess tons of coins that are of no value at all, some have value of less than a dollar compared to the hundreds or thousands of dollars they ought to worth according to the ICO price, I'm afraid there's nothing any exchange site can do about it apparently.
hero member
Activity: 2996
Merit: 609
I think every bounty hunter does, I possess tons of coins that are of no value at all, some have value of less than a dollar compared to the hundreds or thousands of dollars they ought to worth according to the ICO price, I'm afraid there's nothing any exchange site can do about it apparently.
Bounty hunters and airdrop hunters are the ones that holding a full of shitcoins in their wallet right now. If they have prevented that in the first place they wouldn't have any problem on how they are going to get rid all of it.
I don't think OP can do anything about this random coins we had, it's just that it will be forever embedded in our wallet no matter what we do.
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