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Topic: Are old coins no more profitable - page 38. (Read 6054 times)

hero member
Activity: 1540
Merit: 508
August 28, 2018, 10:55:21 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
Old coins are still profitable but now isn't the time for them to pump. Long hold is good for old coins because they need many money, buy orders in order to increase the price.
newbie
Activity: 112
Merit: 0
August 28, 2018, 10:44:38 AM
It doesn't have any logic that old coins are more profitable, every coin has its own value which is not stable so, if the value goes high every coin become profitable.
member
Activity: 336
Merit: 12
August 28, 2018, 10:34:49 AM
No its not true we can get profit from old coins and surely earn a lot from it, specially bitcoin. It is the oldest coin there is but we still earn from it. Its quite reliable investing in old coins
bitcoin exception, op isn't about that. he asks about other altcoins.
about bitcoin everyone also knows it, and there are no old coins that exceed the price of bitcoin.
full member
Activity: 952
Merit: 107
August 28, 2018, 10:28:11 AM
I don't think so that old coins are more profitable, but to my own perspective the old coins are still profitable i think we can use it but not all the time their selected that we can use old coins, and even its a old coins but we still earn from it because old coins are still very much profitable.
Old coins can be still profitable when there are numbers of investors that keep it on themselves and also waiting for good price. Projects that support with that coin has to be checked if still working because that is the way to know if the old coin still valuable and can work on the market. I do not keep old coin though so I do not have to think how the value can be to get good profit.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
August 28, 2018, 10:23:32 AM
They probably are stagnant, aren't improving their projects nor bringing forth great & viable ideas ... They are completely stuck with the old while the new projects are coming up with great ideas and attracting funding. This is why competition is a good thing. You have to modernizing and improving the old project or someone will come up with the ideas, steal your users and market position.  Do not be lazy please.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
August 28, 2018, 09:09:16 AM
All coins are profitable itmay be old or new, the thing which makes it profitable is people who demand the coins and are trading with the old coins, no doubt new coins are fast and technology give speed to the market also but old coins are still have momentum.




Agree. It doesn't mean that old coins will be no more profits to get but it will depends upon the demands of the coins even if it was too old. Most important thing also is the good development of the coins will keep its value stable long lasting. So dont lost your hope with your old coins hold because they will boost anytime as long as crypto still alive.

Probably OP is talking abouy shitcoins. Of course they will lose their value since the purpose of making them is not enough to thrive for market situations like this. Its a good thing that people learns on how to value a coin not by its present value by its futuristic one and uses. I saw many coins in the market gone because of poor management and no actual use of it or there is an alternative already that is more useful. Its good to invest on coins that proves their value over time specially if you are looking for something hodl.
jr. member
Activity: 224
Merit: 6
The revolutionary trading ecosystem
August 28, 2018, 08:20:26 AM
All coins are profitable itmay be old or new, the thing which makes it profitable is people who demand the coins and are trading with the old coins, no doubt new coins are fast and technology give speed to the market also but old coins are still have momentum.


Agree. It doesn't mean that old coins will be no more profits to get but it will depends upon the demands of the coins even if it was too old. Most important thing also is the good development of the coins will keep its value stable long lasting. So dont lost your hope with your old coins hold because they will boost anytime as long as crypto still alive.
newbie
Activity: 14
Merit: 0
August 28, 2018, 08:06:26 AM
This crypto market situation is creating panic for investors & old coin price is falling with bitcoins because now market in downtrend, whenever market will recover than other tokens and old coins price will be increase but we need to wait for market correction, this is the matter of time  downtrend and uptrend is the part of trading, i hope market will recover in last months of this year like December 2017.
newbie
Activity: 166
Merit: 0
August 28, 2018, 07:42:26 AM
In my opinion it depends on the activity of the project, more old coins are not profitable because they are not active in dev and the community that supported them before, but not all old coins like that. Most are still profitable, but because of the current market situation, the coins are also in the lowest price and are difficult to get profits.
member
Activity: 336
Merit: 10
August 28, 2018, 07:16:18 AM
All coins are profitable itmay be old or new, the thing which makes it profitable is people who demand the coins and are trading with the old coins, no doubt new coins are fast and technology give speed to the market also but old coins are still have momentum.
newbie
Activity: 168
Merit: 0
August 28, 2018, 07:10:57 AM
I  think old coin takes time to get be profitable in the market but it's depend on the project and the team who handle it. It will happen to the project if the developer will scam thier investor and gone like a bubbles. In this crypto world I learned how powerful the "be patience" in every project.
sr. member
Activity: 532
Merit: 250
August 28, 2018, 06:52:59 AM
It all depends on you reading the market situation. To get more profits from investing in old coins, coins will rise if the community is still large but now the community is starting to decline and nonprofits are not as good as the coins.
member
Activity: 167
Merit: 10
August 28, 2018, 06:46:21 AM
#99
indeed, old coins are now very far down due to the impact of decreasing bitcoin.
and just look at not old coins that aren't profitable at the moment but all the altcoins too.
 and we are waiting for the market to stabilize.
hero member
Activity: 1834
Merit: 566
August 28, 2018, 06:38:50 AM
#98
Yes, most of the project have a huge potentials which is why I'm very surprised that they loose there position on the capital market while Ethereum still maintain it position despite the problem the project is facing which lead to it dump in price. Why is it that the rest don't maintain there if they do still have the potentials as you said because to my know the market has changed after the blood bath and some old coin are out of the game.
ETH lost its position a while ago as traders moved to other coins. it is staying on top of the list on coinmarketcap.com because that website sorts coins based on their market capitalization and ETH has a huge supply of 101 million coins which keeps its market cap above of a lot of much better  coins.

it is the age old altcoin pump rule:
you can always pump small coins and cheap coins a lot easier than you can pump big coins and expensive coins.

in other words the coins that you see are stuck on top, the old ones, are already super pumped and have a big bloated price and market with lots of newbie bag holders which will crush your pump if you try it. so a as pumper they want to have an easier way of pumping things so they move to other coins. that is why they are always more profitable.
If I get you correctly, what you're saying is that the thing which happened to the old that loose there position was exactly the same thing that happened back in the time of bitcoin hard fork (BCH) when miners switch to BCH and Bitcoin was dumped in price? If that's the case but bitcoin don't loose it position.
i am talking about altcoins. bitcoin is not an altcoin!

altcoins are created to be pumped and dumped and because of that they have an expiration date. when they hit that date they slowly start being replaced by other coins. some faster than others and some hang on tight and remain near the top but continue to lose their position.
Ok. If youre referring to altcoin not bitcoin and of which all know nothing is promise forever. However, what i understand about altcoin is that they were created because of the appreciation and the love the altcoin owners have for the block chain network. What make you say altcoin are created to pumped and dumped?
I believe you guys are getting it all wrong because altcoin were not created to be pump and pump. Although, every markets or businesses have it own time of dip in price and the reason behind altcoin creation was to fix the problem which bitcoin transaction network had. An example are BCH, MONERO etc.
In addition to that. If we check Satoshi mail list right before the implementation of bitcoin there's a lot of argument on there base on the protocol said by Satoshi. Example, some believed the block size stated by Satoshi is too small, so all this bring the birth of altcoin because altcoin are created to fix Bitcoin's perceived limitation while some pursue different purposes.
newbie
Activity: 331
Merit: 0
August 28, 2018, 06:36:26 AM
#97
I think we can't exactly say like that. It depends on the project roadmaps and the quality of projects.  I have seen some old projects got boosed suddenly and can't say exactly
newbie
Activity: 56
Merit: 0
August 28, 2018, 06:32:51 AM
#96
I think there is dependably the likelihood of a more seasoned coin pumping. On the off chance that the undertaking is as yet progressing there is dependably the likelihood of accomplishment. I would hold them in your wallet and check intermittently. Odder things have happened.
full member
Activity: 524
Merit: 100
io.ezystayz.com
August 28, 2018, 06:28:49 AM
#95
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 dont think so that old coins is not profitable, its all depend on the coin, if the coin is good then the more demand, high demand high volume, more volume, more profit. Its not depend on how old or new the coins is, to earn profit.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
August 28, 2018, 06:25:34 AM
#94
Yes, most of the project have a huge potentials which is why I'm very surprised that they loose there position on the capital market while Ethereum still maintain it position despite the problem the project is facing which lead to it dump in price. Why is it that the rest don't maintain there if they do still have the potentials as you said because to my know the market has changed after the blood bath and some old coin are out of the game.
ETH lost its position a while ago as traders moved to other coins. it is staying on top of the list on coinmarketcap.com because that website sorts coins based on their market capitalization and ETH has a huge supply of 101 million coins which keeps its market cap above of a lot of much better  coins.

it is the age old altcoin pump rule:
you can always pump small coins and cheap coins a lot easier than you can pump big coins and expensive coins.

in other words the coins that you see are stuck on top, the old ones, are already super pumped and have a big bloated price and market with lots of newbie bag holders which will crush your pump if you try it. so a as pumper they want to have an easier way of pumping things so they move to other coins. that is why they are always more profitable.
If I get you correctly, what you're saying is that the thing which happened to the old that loose there position was exactly the same thing that happened back in the time of bitcoin hard fork (BCH) when miners switch to BCH and Bitcoin was dumped in price? If that's the case but bitcoin don't loose it position.
i am talking about altcoins. bitcoin is not an altcoin!

altcoins are created to be pumped and dumped and because of that they have an expiration date. when they hit that date they slowly start being replaced by other coins. some faster than others and some hang on tight and remain near the top but continue to lose their position.
Ok. If youre referring to altcoin not bitcoin and of which all know nothing is promise forever. However, what i understand about altcoin is that they were created because of the appreciation and the love the altcoin owners have for the block chain network. What make you say altcoin are created to pumped and dumped?
I believe you guys are getting it all wrong because altcoin were not created to be pump and pump. Although, every markets or businesses have it own time of dip in price and the reason behind altcoin creation was to fix the problem which bitcoin transaction network had. An example are BCH, MONERO etc.
newbie
Activity: 112
Merit: 0
August 28, 2018, 06:25:12 AM
#93
Nope, I don't think so. Old coin will be profitable as well as new coins
newbie
Activity: 109
Merit: 0
August 28, 2018, 06:23:53 AM
#92
I dont think old coins may vanish right now, there are still on the lime it showed on the data that their still functioning and making profit to those who invest in this old coin..
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