I think sometimes they do a swap just to screw you, or at least that is how I feel. I hate swaps sometimes. They seem to often make the price go up for some reason. I think it is because it makes people all excited.
The best thing to do is create a folder in your bookmarks and add each projects Ann thread and social media and every now and then check the telegram to see how the project is doing. Don't forget to add the coingecko links. I lost out on 0.18 BTC it was worth 0.09 be the swap and then it went down after the swap while the newly swapped tokens went to up 2x
Topic: Never buy too much coins because you would eventually forgot gosh - page 3. (Read 23308 times)
July 03, 2019, 01:26:53 PM
July 03, 2019, 11:26:04 AM
Sorry to heat that mate, but I have also met some teams, that gave several weeks for a token swap. This is just ridiculous, because I have so much telegram channels that I simply cannot follow every single news. But you are right, you should always pay attention to the projects in your portfolio.
July 03, 2019, 11:11:02 AM
I do not know if there is a similar topic on the forum, but there are channels in the telegram in which upcoming SWAPs are published. With their help, you minimize the loss of funds due to swap
July 03, 2019, 10:11:09 AM
I guess that is negligence on your part because no matter how many coins you have got, you should be able to follow up if you truly believe in those coins, all you need to do is to follow up at least once in a week because dev will surely give at least a week notice for a swap.
July 03, 2019, 10:03:56 AM
Probably my biggest mistake is to keep the portfolio more than 20 different alts, it is better to concentrate on fewer but to follow them carefully.
July 03, 2019, 09:18:31 AM
That's a sad story. If you invest such an amount in a single project, you should follow it in Social Medias like Twitter or Telegram to keep abreast the possible swaps. Anyway, it is better to split your funds between many project.
July 03, 2019, 08:48:57 AM
It is right, it is not really recommended to have or hold too many coins because it won't be easy to monitor the project of all of them. Investing in like ten solid projects should be enough and it will also be easy to see there achievements.
July 03, 2019, 06:16:41 AM
To buy a lot of different coins, not very reasonable. But bounty hunters get different coins from airdrops and bounty, then they better sell coins that don't inspire confidence.
July 03, 2019, 05:39:30 AM
Right, sometimes we have difficulty controlling it if we have lots of coins. many people are competing to buy coins which in the end they forget and once they see it the price of the coin has fallen. then it will suffer losses.
July 03, 2019, 05:15:57 AM
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
this is fact!!! I can use myself as an example in this case. There have been situation where I couldn't follow up all the projects I held its token and missed out on important updates from the team. 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
July 03, 2019, 05:07:50 AM
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
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
I made this mistakes sometimes back but now, I'm better and know better. I don't hold on to too many tokens as I know it's the surest way to losses. No matter the hype, I just buy and trade off on getting some Profit. I believe greed is also part of this issue with trades who keep.hilding till it's dips.
You can and should keep multiple tokens depending on your finances. If the amount of investment is low, you should focus on 1-3 altcoin, while a large investment can amount to more than 10 altcoin. But have to understand carefully before investing
July 03, 2019, 04:23:27 AM
I also have many coins before but I didn't forget about it. I even stored them on their own wallets and didn't keep them on exchanges. I've also made backups of those wallet too. It's the owner's fault if he forgot his coins. For me if I spend money or time into it I wouldn't go it into waste. Even if it's just a small amount of money it can still buy something.
It is important to understand that no one knows how expensive these or other coins may cost in the future. ETH is one of the famous examples. and if you forgot your passwords then it is very upset July 03, 2019, 04:04:28 AM
I also have many coins before but I didn't forget about it. I even stored them on their own wallets and didn't keep them on exchanges. I've also made backups of those wallet too. It's the owner's fault if he forgot his coins. For me if I spend money or time into it I wouldn't go it into waste. Even if it's just a small amount of money it can still buy something.
July 03, 2019, 03:20:59 AM
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
yes I agree with you, why buy lots of coins but not profitable later. it's better to buy coins that are already in the top 100 markets, it will most likely be profitable later. as a trader we must be smart in choosing coins that we will invest later, so that the profits obtained are as expected. 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
July 02, 2019, 12:42:17 PM
I meet information almost everywhere that professionals always advise even the newest investor in this field to invest in at least 10 projects that he thinks may be the most promising. K I think that this is the most correct approach anyway, because at least after a certain time, at least in the results of 50 percent of your beckoning there will be 100% luck.
July 02, 2019, 11:34:59 AM
It depends on a person. If you can concentrate, you will never forget to control all of your tokens. On the other hand, if you have more than 25-30 alts, it can become impossible. The portfolio should not have only 1-2 cryptos, at least 10-14 are needed.
I think if we have a lot of altcoins, it's not a good thing because we have to really pay attention to the development of our coins.Having 1-10 altcoin in my opinion is enough, more than that is already excessive.
that's just my personal opinion, because we have to focus on observing every coin we have.
if too much do we have keep our focus to do it ??
July 02, 2019, 11:14:55 AM
It's true, I prefer limiting my portfolio to maximum of 5 solid projects, rather than buying too many coins that I can't keep up with all. When holding coins, I usually turn on social media notifications especially twitter for the said projects, to avoid missing useful info. By the way thanks for this post, and sorry for your loss.
Your choice is very right, choosing to focus on some good projects is not too many assets because it will reduce our focus in assessing and analyzing projects. even in long-term investments we have to make careful calculations. 
July 02, 2019, 11:12:25 AM
I know what you mean. Having a diverse portfolio is important but if you get it too diverse, it can bite you where it hurts. Token swap can be handled but there are projects that completely die after a year or so and some of them even delisted from the exchange that's why it's safer to stick to top 50 if you don't like watching the chart all day.
July 02, 2019, 11:10:27 AM
It's true, I prefer limiting my portfolio to maximum of 5 solid projects, rather than buying too many coins that I can't keep up with all. When holding coins, I usually turn on social media notifications especially twitter for the said projects, to avoid missing useful info. By the way thanks for this post, and sorry for your loss.
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July 02, 2019, 11:06:46 AM
Thanks for your valuable information. This may happen when you are too much busy or you have a large amount of portfolios. If you are busy in other sort of work, you may not have enough time for cryptocurrency and you will miss deadline for swap or KYC verification to claim coins. So we must get updated about the project we have invested in.
Have too much portfolios and too diverse are the main reasons I forgot my coin, I think I have forgotten a huge chunk amount of coin in my address which I have forgotten private key alone, I really think that it's better for people with many altcoins to atleast have their own private portfolios management for the sake of not forgetting the coins. Jump to: