Topic: Are old coins no more profitable - page 40. (Read 6054 times)

I don't think there is a problem with those old coins, if they are profitable then that is good, you can notice it in the graphic, just like bitcoin, it can still profitable even if it is too old. Maybe some coins do not profitable at the moment, but you can decide on your own which coin do you want to invest.

I do not think that old coins are not profitable anymore. The market conditions havent given permission for the market to grow at large. Old coins are still profitable in my own opinion.

I think that old coins have interests from old investors, so in most cases there is a big growth perspective.

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.

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.

It is no more profitable because the price on the market is dropping. Listing in CMC can rise the price, making it seems 'profitable' at first.
But if the project doesn't have any running product, then the coin price will falling and making it seems 'unprofitable'.

I agreed with what you said about the token/coins admin and developer but the coins/tokens in subject hit the CMC during the blood bath/market correction season or have you got that the market ATH ended last year?



Hmm. I guess you're right which was the reason why the Chinese support EOS over Ethereum. Nice count though

I think the old coins or tokens are still profitable but the current market is just a switch shift because some of the newly created coins or token fix some errors made by the old coins just like the upcoming Bitcoin cash fork which was said to amend the risks involved in maintaining the network as the mining of BCH which was affected by BTC mining.

Profitable or not it all depends on the people who stand behind it. No matter how long they stand there, they will not have the opportunity to develop if their performance's never improved. In essence the success of a coin both old and new's largely determined by the performance of the developer.

Not really, they have mooned at one point or the other, but they are certainly more stable than newly listed coins

most of the old coins will be more profitable to invest in since they have become so little in price compared to their supposed prices in the market and also when they were up for sales during their initial currency offering era.

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.


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.

Yes they are no more profitable. Things has changed. Most of those projects are not valuable again. They are just taking place on cmc, no more development on them, no more updates and many more.

I not think so all have there by marketing and profitability

Old coins are also profitable but you know it is only a little bit of profit that's why many users or people prefered to invest in bitcoin because in there you can make a bigger profit. People are being technical nowadays, even there is a high risk they are still want to invest as long as there is a big profit in return.

You're not the only one that monitor the changed in the coin market cap list and the last I checked the new project which was implemented 1years back claimed 31 spot out of the top #100 coin/token listed on CMC while new project claimed 68spot from #101 to #200 coins/tokens listed on CMC.
Meanwhile, I believe the thing that cause this situation is the new project learning from the old project mistake.

They are much less profitable since many people have known it now, so pumps would be less frequent. But they are more safe since they are already established in the market. As for the coins that are new, risks are far greater but the profit is good--they have the capacity to increase several hundred percent. Look at shield for example.

Were talking about newly created tokens/coins here,meaning their admins and developers are active and the investors are looking goo forward towards their futire profit,thats why they have good faith.but you can see that 4-7 months ago is just the start of the year,and the all time high prices has just been ended so the fresh coin/token become the apple of the eye of investors specially when the dip happens when all of the old coins suffers bad shape

Not really. The old coins like Monero or Ripple is still be used by many peoples in the world. The price of the coin is down just because the market dropping now. Later when the market recovered, i think the old coins will be much profitable than now. Just be patience in this bear market.

Right now altcoins are taking a bashing, and it really depends on when you bought in to define whether or not you can realistically turn a profit. Even altcoins tend to fluctuate wildly now, so there's plenty of opportunity remaining. For now, don't hold alts for the long term, unless you're already in the red, which means you've pretty much got no choice but to continue holding. Open up shorts on Bitmex for those supported, and day trade alts to grab those few % points a day. Stick with the top 100 cap otherwise you might get rekt by pump and dumps.

The sad thing about the new coins that "will change the way we *insert whatever adjective such as think or live*" is that they are nothing but pump and dump coins. What happens is that the people who were able to buy the coin at a really low price, they create a hype by talking about the coin a lot and how good is it. Desperate ones even spam the chatbox in trading sites just to get attention. Some were able to accumulate enough funds and was able to conduct seminars about the coin in different places, making people who knows nothing about the coin or cryptocurrency in general buy the coin.

It's one of the reasons why people think that cryptocurrencies all-in-all are scams, since they have witnessed such scenario wherein a seminar a new coin or project was introduced and they were promised that it will yield profits in the future but barely did (while the speakers know well that it's not since they are going to dump it), but that's beside the point. Best case scenario for these investors is that some of them will be able to sell at higher price while some don't. This way, the rest will just be thinking that they were too late to sell and it was their fault. Once they have created enough hype and they can finally see an amount of buy orders significant enough for them, they will now dump the millions or hundreds of thousands of coins that they are holding and then move on to a different coin. Sad to see but that's the nature of new coins.

What's funny is that new coins are coming so frequently that some coins don't even get volume anymore. They get listed to a trading site but since there are so many coins to choose from, some don't get any buyers at all. Hence, those who have bought during ICO, or even pre-ICO to get the best prices, will never be able to profit from the coin as the coin never even touches the ICO price in trading sites.