Topic: Are old coins no more profitable - page 35. (Read 6041 times)
to invest my advice is to understand what coins to buy, and do not buy tokens that are not popular, even though the tokens are old in the CMC, because every day new tokens arrive so investors will choose carefully. Don't let you lose ... !!
Being old is not the criteria to use in knowing a profitable coin. I do not invest in old coin except ethereum, bitcoin, eos, stellar and neo. I invest in coin that are just listed in coinmarketcap that the concept look promising.
Now a days some shit coin comes to market, price gets inflated to 20x of ICO and then comes back and set at ICO price or even lower. This is just manipulation or say gamble. They are not for long term while good old coins are. Everything is down now, but it doesn't mean that they won't grow back. If they have good tech and team behind them, they will grow back and give profits.
Old coins are still profitable, it seems investors seem to shift attention to new altcoins rather than concentrate on old ones at this current bearish market. But I believe everything will be normalize when the market becomes stable. Although the bitcoin continues to maintain its market dominance.
Due to strong market competition, we can say that some coins might be buried in dip for many years. And maybe we can say that those coins aren't have potentiality which could attract investors and helping out from dying. Investors will look for newly created because of its market attraction and it might chances to gain more profit that of the old ones.
Old coins are still profitable, it seems investors seem to shift attention to new altcoins rather than concentrate on old ones at this current bearish market. But I believe everything will be normalize when the market becomes stable. Although the bitcoin continues to maintain its market dominance.
Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list.
Of course, every iCO has a chance to prove their worth and be listed in the top 200 (or even top 100 later). The question is, is their coin created enough hype to do so? Actually, this is the challenge for new coins which entering the market that need to be surpassed. They should become more competitive to increase their rank by proving to its investors and prospective buyers that their coin is better than the others. Are those old project which belong to the spot claimed no more profitable?
Of course not, they are still profitable. Coins that launched last year (e.g.ETN, ENG, MTC and ENJ) re still kicking in the market. Enigma is doing great right now since it is now on the 104th spot outranking Electroneum at 120th spot. Enjin coin and Docademic (though below top 200) are also fine, take a look and you'll see an inclination in its trend.
Old coins are always profitable, so far they are still tradin on an exchange. Unless they get delisted on an exchange. then when a coin has market value it will surely be profitable. Old coins are always profitable, so far they are still tradin on an exchange. Unless they get delisted on an exchange. then when a coin has market value it will surely be profitable.
I would say yes there are some old coins might not be that profitable at the moment but who knows a few months after it will boom again. Most likely, newly listed coins will take its position in the meantime but it doesn't mean that old coins will be totally out of the picture and become invaluable. Investors will embrace this new coins and as it goes along the way, they will try to consider again those old coins that give them profit from the start.
Old coins aren't performing as much because the king of coins isn't not allowing it. That's not to say that altcoins won't be good no more, things will start recovering at some point.
Old coins are not a problem. The problem is that the market is generally not doing so well. So 99% of the coins are almost unprofitable anyway. Wait until the market recover and we can start looking at both old and new coins again.
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
There are still a lot of coins that not listed in coinmarketcap and some website like that have started selecting coins that really meet the coin standard to get a list there. and that certainly does not mean that the coin listed there will be a promising coin or a successfull project. there are still many that have been unlist from the list because of certain problems.
Old coin with an existing product/ service in the cryptocurrency space, is worth investing on, as it tends to give real hope to new investors, new coins coming up can also be checked out, just ensure you do your research about such project before investing, as the space is filled with several scam project.
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 have thought of this recently after checking my wallet recently; will these old altcoins get value later on or I am just having them as souvenir decorating my wallet. Another thing is the hope of the market rising and the altcoins reliving its main course.
I don't think because new coins are within the first 200, they are more profitable than old coins. So far as old coins have volume as well as market cap, they are profitable as well.
profit from coins depends on trading of this currency.If the coin was success and has a demand on crypto world then yes old coins are still profitable but if it has no demand on market and no trading traffic with this coin then it will bring less profitand slowly its price will discrease day by day But yes I will not say that old coins are not profitable any more,because in crypto market it is not so special that any coin goes on a top rank..suddenly..
and if doesn't happens then he can just sell those coins.
and if doesn't happens then he can just sell those coins.
Hello ,
It seems like very Interesting topic.
Actually , we cant say the exact answer for this. Because I have seen some scenarios , old projects will boost suddenly and they will earn huge profits.
Thanks a lot.
It seems like very Interesting topic.
Actually , we cant say the exact answer for this. Because I have seen some scenarios , old projects will boost suddenly and they will earn huge profits.
Thanks a lot.
The coin on coinmarketcap are not arranged base on trade volume or active market state but on the whole market capital of the project. A 2 million dollar project may have a active trade volume but because of the volume may not make the top 200 top list
I think old coins can still go up, the trend now is when Bitcoin drops altcoins also goes down and Bitcoin rises altcoins also rises, and now many old coins follow that trend, when bitcoin will be pumped, altcoin will also go to the moon..
This is not true.Especially for those who are not aware or not into technology.We can still use it as a source of payment.The only difference is that bitcoin is digital and fiat is real money.
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 do not think so, so at the moment all markets are going down so much, so all new and old coin are discounted. Whether the devaluation is more or less depends on the true value of the project, the development of the project is true for the roadmap, not depend on the new project or the old.
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