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Topic: Never buy too much coins because you would eventually forgot gosh (Read 23285 times)

member
Activity: 536
Merit: 15
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.
member
Activity: 546
Merit: 12
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.
full member
Activity: 434
Merit: 100
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.
full member
Activity: 1190
Merit: 111
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.
member
Activity: 476
Merit: 12
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.
member
Activity: 630
Merit: 10
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.
hero member
Activity: 1078
Merit: 501
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.

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.
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.
member
Activity: 573
Merit: 11
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

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.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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.
member
Activity: 463
Merit: 11
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 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
member
Activity: 602
Merit: 12
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
legendary
Activity: 2450
Merit: 1047
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

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.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
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.
member
Activity: 537
Merit: 12
***
I was exactly in this position of yours after doing a bounty for nebulaAi. A swap came along and I was unaware. Basically you have to keep your eyes on your portfolio be you an investor or bounty hunter lest you up with dust..
***
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.
jr. member
Activity: 837
Merit: 1
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.
sr. member
Activity: 1582
Merit: 253
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.

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.
member
Activity: 1260
Merit: 21
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 Shocked 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 Grin
copper member
Activity: 476
Merit: 0
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.
sr. member
Activity: 742
Merit: 250
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.

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
sr. member
Activity: 1652
Merit: 262
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.
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