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Topic: Are old coins no more profitable - page 29. (Read 6054 times)

legendary
Activity: 1652
Merit: 1000
September 07, 2018, 05:18:51 AM
Currently it is still profitable but indeed the profit from those coins were not last long because all of market from them were always be red this year especially there is no upcoming big pump from those coins which make people has been decide to not trade them temporary
legendary
Activity: 2912
Merit: 1068
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September 07, 2018, 05:14:38 AM
Having in mind such a large amount of coins present on the market it's hard to keep track and decide which coin to choose. Also, the market is very dinamyc and the price is changing all the time so you realy need to have enough time and experience to handle it with success.
Maybe this would look like I only play for safe but to my opinion is still the best to stick to Bitcoin, Ethereum and such "large" coins that are present on the market for a long time and that you can't go wrong with.
newbie
Activity: 15
Merit: 0
September 07, 2018, 05:09:39 AM
In my opinion, this is not true. Because the price of a coin on the market is very objective. It is only risk that you have to accept when investing. And that depends entirely on the coin you really invest in. And those projects are still growing every day.
hero member
Activity: 1274
Merit: 519
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September 07, 2018, 04:58:03 AM
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 Smiley

Not necessarily mate. I mean, there are old coins, most especially Bitcoin that has been there for quite some time, in fact it's the pioneer cryptocurrency, but it is still here and is still the best coin around. Well, I think more than the time, the main indicator if a coin is still a good and profitable one is with regards to the support it gets, the transactions where it is being used, and most importantly, the value it still carries. Time is not that much of a consideration because there are coins that took longer to bloom compared to some that may have gained traction quickly but have already lost value in a short while.
jr. member
Activity: 280
Merit: 1
September 07, 2018, 04:12:23 AM
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 Smiley

you just can't say that new projects are not profitable in general. You need to think of each project separately. It's true that listing on exchange doesnt mean automatic profit anymore though
jr. member
Activity: 667
Merit: 1
September 07, 2018, 04:02:49 AM
change is constant, nothings last forever. things are really really changing and we all have to follow the trend. thats why its good to know what your are investing into before you put your funds, be willing to take the risk, and ready to learn because there will always be new project and only few will survive. thats simply how how to gain mastery in this space.
newbie
Activity: 30
Merit: 0
September 07, 2018, 03:42:11 AM
No way. Old coins are still profitable, but they don't develop fast as they used to. For me, the development of currency impacted on old coins. Besides, old coins are still profitable as long as we can earn from them. In conclusion , crypto was created with a purpose in order to serve human, and you need learn how to invest properly.
jr. member
Activity: 227
Merit: 1
IQCash
September 07, 2018, 03:36:01 AM
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 Smiley
It does not really matter how long the coin has been on the market. The performance of a coin is largely influenced by the team behind the coin and the product the coin delivers. Some products are always in demand and as such the coin will always be in demand. Always look out for coins like that and invest in.
member
Activity: 316
Merit: 10
September 07, 2018, 03:33:53 AM
Maybe all people nowadays just rely on ICO's and not relying on old coins. That's the almost scenario right now. They want to gained More profit fastest as they can, because if they buy on old token/coins the process will not fast as they want. that's my opinion.
jr. member
Activity: 462
Merit: 2
September 07, 2018, 03:30:16 AM
In my opinion, the old coin is more profitable nowadays, I give an example of PPT coin, this project opened in March 2017, and then SXT, and also pundix, now the coin price is quite elastic, PPT with 2000 PPT = 30 ETH, it's amazing,
If you have an old coin you should be patient someday it will rise in price and be profitable.
sr. member
Activity: 630
Merit: 251
September 07, 2018, 03:01:27 AM
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 Smiley
If you are referring to the coins which are listed below the top 200 in coin market, then you are right. But, some projects takes time to adapt to the place they are deloyed. Nevertheless, you should not always depend in one coin and must always diversify all of your assets.
legendary
Activity: 2492
Merit: 1001
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September 07, 2018, 02:56:34 AM
For me, its the old coins still the most profitable because their commodities are proven feasible to the masses in which they could still attract more people to invest. Unlike the new players in which mostly they were dump after reaching the exchange making them to hardly to reach the top rank level.

I have a few old coins, and even though it's been a while, of course it still gives me an advantage. well, it's just that the price has dropped slightly since last year. well, you could say there are some coins that still make a profit.
member
Activity: 514
Merit: 10
●●
September 07, 2018, 02:48:09 AM
I had a few old coins last year but until now I haven't seen anything that supports the coin and the coin has no price. Junk coins.
full member
Activity: 714
Merit: 100
September 07, 2018, 02:45:38 AM
For me, its the old coins still the most profitable because their commodities are proven feasible to the masses in which they could still attract more people to invest. Unlike the new players in which mostly they were dump after reaching the exchange making them to hardly to reach the top rank level.
hero member
Activity: 790
Merit: 505
September 07, 2018, 02:39:06 AM

It depends what you mean be profitable. Because they're old coins Im guessing you mean profitable to be traded, where in this cause profit is purely driven by demand. If the dev team is active or had produced a coin with real life use then the demand can be measured. Check the coins that have left the top 200 and ask yourself, is the coin in demand for real life use? or was it only speculative and the team is no longer active.
When I have time,  i like to do this analysis. I can honestly tell you there is much to learn from a studying failed(ing) projects than sometimes is the successful ones.
newbie
Activity: 182
Merit: 0
September 07, 2018, 02:04:55 AM
The estimation of values of coins rely upon how effective it is being actualized in the market for it to be important each time and give benefit when you keep it for long time. In any case, there are venture that coins never been even recorded on the trade for you to win from it, and that what make us pitiful. Coin that wound up fruitful advancement can live longer with esteem and can be costly in time and better to keep coins that is effective for it to be worth of holding.
member
Activity: 194
Merit: 12
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September 07, 2018, 01:58:41 AM
it depends how far they are in development. if its an old coin that took a while to develop en they are fnishing there product it can still have more gains.
newbie
Activity: 38
Merit: 0
September 07, 2018, 01:56:49 AM
Old coins is profitable but not much because of the coins price fall happening.Hold your coins and take the time of coins price rise.You will earn more.
newbie
Activity: 58
Merit: 0
September 07, 2018, 01:03:34 AM
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 Smiley

I think that old coins are still profitable. There are many coin collectors and dealers around the world who travels, picks, and transact their needed valuable coins from these owners. Not only the old coin collectors are interested but also the curators of national museums. I think that they priced each coin 20% more than the coin collectors.
full member
Activity: 406
Merit: 100
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September 06, 2018, 08:52:19 PM
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 Smiley
I think some of old coins have no value at all, I think they abandom the coin, if they have a value its a small value and not good. But some old coins have value, the problems now is the unstable market up slow, down fast, if the market become stable up fast, then the old coins have great value.
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