Topic: Are old coins no more profitable - page 32. (Read 6054 times)
We can't just say it yet if the old coins are not profitable anymore.. we don't know when those old coins will gain value. But I am sure those old coins can be used to convert to top token listed on CMC. Kindly retract those old coins if the developers is still promoting their tokens if yes, there is a chance it will like BTC and ETH.
For now the market is being depressed but if do not sell your old coin in low value only because when the market soon will be recover your old coin in market the price will be stable and it can be profitable just have a patience to hold it and wait for recovery not now but soon.
Old coins can be improved, increased scalability and other functionality. Therefore, I think, there can not be any problems with them. This is especially true for tokens, for which a good functional product is important and no matter whether it is new or old. On the contrary, a long working crypto currency testifies to the reliability and relevance of this coin or token.
In a way I agree! They are still useful it depends on the coin if it is profitable of not 
Old coins perhaps have no chance of going into profit again
and thus will have the value if it is necessary to invest.
However, what we can only expect from it is when its value will
rise again in certain considerations and handful negotiations.
Some of the old coins are impossible to be profitable again because of the great coins in the present. But some are still having a potential to grow and rise again.and thus will have the value if it is necessary to invest.
However, what we can only expect from it is when its value will
rise again in certain considerations and handful negotiations.
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
I don't think it will be very useful and bring big profits. except for large-scale trading.
I have more interest in altcoin top like eth, ripple and neo. according to my analysis, of all the altcoins that are spread in the most contested market are the ones I have mentioned.
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 that. Old projects are not going to stand still. They are taking a long time to enter their field and they need a long time to develop and capture a share of the market. So investing in some ICO projects is risky and takes a lot of time to make a big profit. Your opinion
Take the example of DOGE. The price increased few days ago and it's still high compare to the past price of it before the pump. Doge is one of the oldest coins in the cryptocurrency market and this is treated like a joke coin though that's true but it still has a good use for having lesser fees and faster confirmation.
This probably depends on the users discretion of the old coins he's about to choose.
This probably depends on the users discretion of the old coins he's about to choose.
Actually I don't know this opinion because already I have to hold 100+ old coin but don't give me profitable.my hold time totally 7 month up, basically I don't know when this coin going up and give me profitable.
Your opinion
Newer coin tends to rank higher at cmc because they bring new hype but it doesn't mean that the old coin is not profitable anymore, it's just the ico phase is over and right now they are focusing on the development and there's nothing to be hyped until they release something. Usually they set the release of the plaform (or demo) one year after the ico so if there's still nothing after a year then I will reconsider holding that coin or not.You're absolutely right. Usually a crypto currency is more profitable at the initial phase of its developing. But if the team won't abandon their coin or token, this crypto currency will evolve and grow further. For example, look at Dogecoin. It is an old coin that already mined and has no inflation. But people still use it for making a cheap transactions and recently DOGE has been pumped +30% on the crypto exchange markets.
Thus, an old coin can be profitable. It mostly depends on the community that support this crypto currency.
what about bitcoin? bitcoin is abandoned by its developer satoshi nakamoto but why it is still indemand ? that will only define that coins can still grow even if they are abandoned or discontinued because people will still be able to use them for other purpose , not just on why they are built .
profitability wont also matter on how new or old the coin is because profitability will also depend on your skills and abillity to understand on how crypto market works .
It really depends on how well these old coins are doing and how much they establish in the cryptocurrency world. Some old coins are really quite still profitable specially those who are really popular. Bitcoin is one of the oldest coin out there and look at it, still very profitable right now.
Both old and new coins, as long as they can bring innovation and change towards a better again of course can be beneficial to each holder. For those of you who have tried investing several times, it's time for you to review your investment portfolio. If you've invested for a long time, you must have felt the benefits of the investment that you have gained. So, what we have to do next is by maximizing your investment profits that's by how to reinvest existing coins into other forms of coins with different time periods and levels of risk.
If this old coins belong to the cryptocurrency there is still possibility that this old coin will still be profitable until the time it will be obsolette in the coin market cap.
Menurut pendapat saya coin-coin itu antara satu dengan yang lainnya masing -masing menguntungkan,bahkan coin lama lebih unggul baik kualitas maupun kuwantitas,karna coin lama induknya atau inangnya coin yang lain.g
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
In my opinion, it doesn't mean that they are old coins it cannot be profitable. It is just need time for the market to pump it up. Your opinion
It does not matter how old a coin is on the market. What matters more is its current performance. A coin can be newly listed yet perform poorly without even reaching half way of its ICO price, leaving investors in despair. A coin like Bitcoin is the first cryptocurrency (oldest) yet performing perferctly fine on the market.
For me the old coin project that has begun to show its existence is a project whose platform has begun to be applied, or maybe the burning period has begun
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as you can see at many exchanges, dogecoin is one of the oldest coins and since a few days ago, the price starts to rise and now the price reaches more than 100% and I am sure that many people can get a big profit from dogecoin. I think the other coins will follow dogecoin to increase and I hope this month all of the coins can increase higher. I think dash, litecoin, and the other oldest coins giving a good sign to increase and I hope that coins can follow dogecoin too.
You're right about dash and dogecoin doing good in the market. But the whales price manipulation maybe the reason behind dogecoin bullish lately cause seems to bearish for long time. In the meantime, let's wait till it next year before we can assure of dogecoin situation.
In your article you don't mention what you really mean by old coin because there are a lot of coins are there in crypto world but I can say every good going whether it is old or new are profitable.
depending on what you mean by old coins? but in any case I believe that the old coins are still profitable from the point of view of investment
Old coins perhaps have no chance of going into profit again
and thus will have the value if it is necessary to invest.
However, what we can only expect from it is when its value will
rise again in certain considerations and handful negotiations.
Some of the old coins are impossible to be profitable again because of the great coins in the present. But some are still having a potential to grow and rise again. and thus will have the value if it is necessary to invest.
However, what we can only expect from it is when its value will
rise again in certain considerations and handful negotiations.
Your opinion
Newer coin tends to rank higher at cmc because they bring new hype but it doesn't mean that the old coin is not profitable anymore, it's just the ico phase is over and right now they are focusing on the development and there's nothing to be hyped until they release something. Usually they set the release of the plaform (or demo) one year after the ico so if there's still nothing after a year then I will reconsider holding that coin or not.You're absolutely right. Usually a crypto currency is more profitable at the initial phase of its developing. But if the team won't abandon their coin or token, this crypto currency will evolve and grow further. For example, look at Dogecoin. It is an old coin that already mined and has no inflation. But people still use it for making a cheap transactions and recently DOGE has been pumped +30% on the crypto exchange markets.
Thus, an old coin can be profitable. It mostly depends on the community that support this crypto currency.
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