Topic: Are old coins no more profitable - page 18. (Read 6041 times)
No. Old coins may be old as we say it but they still have value. Some have the potential of growing and rising into something big in the future. It's good to hold more Old coins in addition to the new coins.
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Well just look at what Ripple XRP did in the last couple of weeks. The #3 coin on Coinmarketcap was able to double its value. And Doge had a huge pump recently as well... so even old coins in the top 100 still have room for huge gains.
If you ask me i tell you not to be bother by the recent pump the two mentioned coins gain because the pump won't last long and the pump was basic the act of the whales manipulation cause Doge never gain such pump in price ever dive last 2years while the news posted by ripple owner was the thing the influence ripple increase in price.
Many times I saw that relatively new coins ranked in the top 100 at the coinmarketcap in the first months. But then the current units remained in the same place for a long time. It is relatively easy for new coins to increase capitalization in the first months. This may be due to the peak of popularity after ico.
our opinion is different, I disagree, until now old coin is still profit and promising, even though its movement is slow, what worries me is that a lot of new coins become ashes because the price does not reach the target due to dumpers and other factors.
so old coins are still the best, even though many new coins have potential
I think it depends upon the coin and it's developer. There ssome oldvoin that still not profitable the coin is no progress at all, it really spends upon the concept of the project. I think there are also some new coin tgat is also profitable than the old coin, that is why I believe that old Coin and new coin is almost the same the profit that we gain on it is really depends on how we used or understand it through trading or maybe investing etc. so old coins are still the best, even though many new coins have potential
our opinion is different, I disagree, until now old coin is still profit and promising, even though its movement is slow, what worries me is that a lot of new coins become ashes because the price does not reach the target due to dumpers and other factors.
so old coins are still the best, even though many new coins have potential
so old coins are still the best, even though many new coins have potential
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
I do not think old coins are no longer profitable. As long as the developers and the team are actively updating their social media and their community this coins has a good future. For me I will still hold coins which I think has a good potential in the future. Although it has a very low value for now but I did not lose hope that it will be boom someday. Your opinion
Its not about old or new coins I guess.Its all about new technology,updates,protocols,usage,trading volume,listed in any exchange etc etc and many more reasons.For example introduction of lightning network:-(A little brief of this)
The Lightning Network is dependent upon the underlying technology of the blockchain. By using real Bitcoin/blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at high volume and high speed.
things like these moreover signing up new contracts and usage in applications etc all add to the factor of any coin.So mere differentiating a coin on the basis of new or old will not be a good option.We have to take all these factors into account before making any decision.
The Lightning Network is dependent upon the underlying technology of the blockchain. By using real Bitcoin/blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at high volume and high speed.
things like these moreover signing up new contracts and usage in applications etc all add to the factor of any coin.So mere differentiating a coin on the basis of new or old will not be a good option.We have to take all these factors into account before making any decision.
Bitcoin and ethereum are as yet productive so not every old coin, just those coins that have no reason will wind up unbeneficial later on and in the end delisted from crypto trades. Bitcoin is the most seasoned one in the crypto advertise yet numerous new coins with better highlights are as yet endeavoring to overwhelm it however they are still miles from the cost of bitcoin and its market capitalization.
Well old does not really implies that they are not beneficial. On the off chance that the venture is live and running admirably, it they are making extensive walks in their specialty region, I trust any coin/token merits purchasing or holding until the point that it goes up. The best approach to make benefit is to purchase when the cost is low and offer when the cost is high. To my comprehension with the end goal for this to happen the undertaking ought to perform well in is territory.
For now I don't have old coins because I still learn more about a project that will produce a big profit in the future.
Not at all, I don't think so. The coin is profitable or not, not based on old or new coins, but all depends on the potential of the coin itself. If the coin is a good project and the quality is good too, then the more demand for the coin, and the good coin will survive.
I think the old coins are still profitable but not so much the price increases I know just because the price rises before they're released project but it's still profitable because they know that investors want to be new coin because the price is fast rising but the price is still falling with holds old coins with potential and longterm coin.
Well just look at what Ripple XRP did in the last couple of weeks. The #3 coin on Coinmarketcap was able to double its value. And Doge had a huge pump recently as well... so even old coins in the top 100 still have room for huge gains.
That's a good example if you are monitoring the current flow, those two old coins are making its way to compensate the investors who keep supportingthe project, though we are seeing a lots of bloodbath and ongoing downfall, this coins manage to give some blow to rise back again, most of the time old coins who's just waiting for a good timing to pumped really provide much better gains in the long run.
The value of a coin is not determined by the age of the coin on the market. The worth or value of a coin to generate profit depends on its performance on the market which results from the demand of the coin on the market. Coins with good ideology or product backing are always worth holding to generate profit.
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 really depends on how the people behind the project, specifically the marketing department, as to how will they make their tokens become as profitable as bitcoins. There's usually a long term plan for a lot of projects we subscribe to and they indicate there their future plans of development for the token you're about to invest on.
Old coins are among the best and although the profit from them may not be as large as from new tokens or altcoins, but they are more stable. Bitcoin, Ethereum, Ripple.
maybe new tokens or altcoins can provide big profits seeing their price changes can go up thousands of percent. but the risk can be very large? different from old coins which are more stable and less risky like bitcoin, ethereum, xrp, and so on..
I think old coins can still make significant gains. But it seems like the really crazy price pumps come on coins no one has heard of that burst onto the scene. I've only been lucky enough to have said coins a couple of times.
Old Coin prices are higher than new coins, but it depends on the team making the project if they always make good improvements and development to make their Coins always active and competitive all the time.
Well just look at what Ripple XRP did in the last couple of weeks. The #3 coin on Coinmarketcap was able to double its value. And Doge had a huge pump recently as well... so even old coins in the top 100 still have room for huge gains.
Well, btc is the oldest coin out there and it is the most valuable lol.
There are plenty of older coins that are profitable.
In fact, the older the coin, the more established it gets and solidifies its value.
Newer coins are subject to speculation and can be unreliable.
That's why, like you mentioned, the top 200 is totally different from just 7 months ago.
As the market matures and things progress, it is natural for older, established projects to have the most value.
Look at something similar, the dot.com bubble.
As time went on even after the crash, companies like ebay and amazon became even more valuable as time went on.
That's because older companies have had more time to establish chunks of the market share.
There are plenty of older coins that are profitable.
In fact, the older the coin, the more established it gets and solidifies its value.
Newer coins are subject to speculation and can be unreliable.
That's why, like you mentioned, the top 200 is totally different from just 7 months ago.
As the market matures and things progress, it is natural for older, established projects to have the most value.
Look at something similar, the dot.com bubble.
As time went on even after the crash, companies like ebay and amazon became even more valuable as time went on.
That's because older companies have had more time to establish chunks of the market share.
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