Topic: Are old coins no more profitable - page 14. (Read 6041 times)
Hard to say from one side of the new coin may be more technologically advanced and more in demand, on the other hand they are new and what further steps nobody knows if the old coin is firmly entrenched in the top 200, has a trading volume in the market and news of the project saying that the project is not dead and the developers are diligently develop the product. I would be in this case it is better invested in old coin.
I am not sure that BTC for example is not profitable any more. Old coins are profitable and what is more they are more valueable than new ones thank to their experience on the market.
Yes it's happen with me too, I have lot of coins and many are old then 6 months and daily they are down.but I still hold it.
a period of 6 months I think still belongs to the young, some project indeed takes at least a year to be able to see the price of their actual tokens, some even more than that. old coin problem more profitable I think it relies with persons holding the token, because some people definitely prefer to sell their old assets and bought him a new coin that is larger and has a more fresh markets.
Yes it's happen with me too, I have lot of coins and many are old then 6 months and daily they are down.but I still hold it.
There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
Your opinion
Old coins usually tend to be outdated technology compared to newer alt coins released nowadays. Naturally, obsolete technology would die off in the market because of its usefulness. I guess it works with cryptocurrency as well. If you're seemed to be useless, demand will die and eventually, the token will follow.
For me if some old coin still have great & reasonable trading volume above $1M or something it should have some profitable side. But if some coin have daily volume less than 100k it is so risky to expect some profit from this kind of coin. And the others things is just look how developer & communities treat their coin development.
If old coins can continue to update the system following the flow of the times and the needs of the people, I think they will be easier to maintain their existence. Because it will be favored by many people and will give each other a good return in the form of satisfying benefits.
However, there are some of the older altcoins whose existence is increasingly critical and is at the end of fate because they lack good skills, so they don't have a community to continue to support it in crypto.
However, there are some of the older altcoins whose existence is increasingly critical and is at the end of fate because they lack good skills, so they don't have a community to continue to support it in crypto.
on the contrary, I would advise you to invest in new coins because they are more reliable and have long made it clear that they are reliable and can bring a lot of profit
you are right there new coins means they have new innovations but I am not saying that old coins are not profitable they are also profitable because they have a reputation in the market
There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
Your opinion
If we see the logic here, base on a graph of a cryptocurrency, if it still has a good market value, we can consider it as profitable since there is people that supports it like investors and traders. Meaning to say, as long as there are supporters of a Coin, it will always and forever be profitable. You should just believe in its capabilities.
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old coins may be quite a lot of interest because it has been proven to survive and compete with the new coins. Thus today many new coins that appear but not too give you results according to expectations. However, whether it can produce and develop or not will depend on the team behind the coins themselves are able to pick up a coin for the better or not.
Yes, most of the old coin have proven there worth by surviving the market but some old coin developer are not working round the clock in other to make their project standout which was some of the reason why some new coin replace there position on capital market and like you said every depend on the team capacity. There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
The top 10 coins in the market are old coins the oldest coin in the market, of course, is the most profitable coin in the market which is Bitcoin so are Ethereum and Ripple, so if you want steadiness in your in your investment then go for old coins that are a year old or more. Your opinion
Old coins still have a very high value. You can see now that the old coins still persist and are even growing. Should you have to be clever in determining the coins that will be purchased. In fact, I'm sure the old coins with low volume, on one day, will surely have a very high value.
There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
Your opinion
It depends on what you mean by profitable. There are dead coins that still fluctuate in price that you can still trade and make a profit via trading. I wouldn't buy and hold them though. Any coin has potential as long as it is actively traded on an exchange.
Some coins that are placed in 200-300 range of the top coins may be not profitable in the following season, like postcoin
it depend on the actions of team members of any project. some old coins sleeps and comes with a rebrand and then goes to moon. so the early holders who sold it cheap may regret . for example XVG was around $0.00001 once. then went up to $0.25+
on the contrary, I would advise you to invest in new coins because they are more reliable and have long made it clear that they are reliable and can bring a lot of profit
I don't think so, because old coins elaborate their product as well as new projects, but sometimes new projects hype more just because they invest marketing budgets and old projects are concentrated more on product development. Also i noticed that some projects can be on demand after launching post-ICO bounty and they can hype as well.
I don't think that there is a big difference between new and old projects in terms of capitalisation
I don't think that there is a big difference between new and old projects in terms of capitalisation
my answer is no. Old coin like bitcoin, eth are still the best choice for investment because it is always profitable. I don't think old coin will lose its position in the future
Today, I analyzed my tokens received as bounty rewards and came to the sad conclusion that in recent months almost everything tends to zero. It was necessary to sell it on the growth of the market, unfortunately, I did not.
There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
Your opinion
Some of them actually but not overall because some of them are still profitable like bitcoin and ethereum and most non profitable coins are those who just started recently.
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