Topic: Are old coins no more profitable - page 41. (Read 6041 times)
Come to think of it you do have a point. I feel old altcoins that have been in the market way longer are under going strong correction than the newbies coming to the market. I know after the correction, all those altcoin will claim the previous positions and even move higher.
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
Look at this on other way. Bitcoin is 6700 dollars, it will cost 14000 dollars again and it`s double money from now. Cardano is 10 cents, but it will go up for sure, you can make more than double, what is 1 dollars for cardano, it`s 10 times more on your invested money. It`s clear that you can make more money with some new coin, but how big risk is to invest in bitcoin and cardano? What you need to look to is for time period you think they will rise.
My opinion is that entire crypto market will go up, market cap will be trillions of dollars. Some coins will not deliver what they promised and they will fail, but with so many things going on on blockchain many coins from 1500+ coins will rise, which one more or less is up to you to try to predict.
If this old coins are still part of cryptocurrency market , then they have value and are still profitable , it nay not be higher as expected at least it is still can gain profits, they are of no use when they are obsolette already in the market ,and does not have value.
I think that Ethereum is the best old coin, it has a very good potential, but it hasn't been performing well over the past few months.
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. Many old coin now is label on what they call shitcoin. It will happen to the project if the developer will scam thier investor and gone like a bubbles. But if the developer is consistent to their project and many investor will believe on it. The time will come and all they hardwork will be paid. In this crypto world I learned how powerful the "be patience" in every project.
Not because a coin is old it doesn't necessarily mean it's a shitcoin. I think it's more of new coins than old coins being mostly in the category of "shitcoins". Remember, bitcoin, litecoin, and ethereum are the first few cryptocurrencies. Though it's debatable if the other 2 are useful or not, they're still not under the "shitcoin" category(compared to the other far worst coins at least).
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. Many old coin now is label on what they call shitcoin. It will happen to the project if the developer will scam thier investor and gone like a bubbles. But if the developer is consistent to their project and many investor will believe on it. The time will come and all they hardwork will be paid. In this crypto world I learned how powerful the "be patience" in every project.
You are partly right, the tendency is that old coins are going down but some new coins are takeing their seats.
This is just how the market works, market loves new coins and to hype them , look at Pundi X and MTC, they were hyped and now they are down again.
This is fueled byt he potential boigger gains in smaller new coins.
This is just how the market works, market loves new coins and to hype them , look at Pundi X and MTC, they were hyped and now they are down again.
This is fueled byt he potential boigger gains in smaller new coins.
In my opinion, current conditions do make the majority price of coins / tokens depressed. Do not look at coins for long or not, and I believe. As the crypto market improves, then the price of coins / tokens will recover
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
A month ago bttrex and other exchanges remove the altcoins not increase the price in the coin market cap
I think it's fair to decide coin market cap remove coin not give profits and i give chance to new project to go IN from list in coin market cap
Hundreds of altcoin are nit useful need to give way the new comers have an potential to grow
so far what i see in the altcoin market is that a bunch of altcoins are created, then they are pumped and become big. they take the market by the storm and even go to top ranking positions. then after a while they become old and over pumped so everyone eventually leaves them and moves to the new set of altcoins that are coming to take the market by the storm and do the same thing these old coins did a while back.
New coins have the tendency of appreciating easily when they have a large volume purchase and value equity margin. If it is dumped however, it suffers massively and sometimes may make some to think they made a mistake buying them in the first place.
I will think that the top 200 are finding it difficult to make a break through above a present threshold which may not be unconnected with market forces determinants.
I will think that the top 200 are finding it difficult to make a break through above a present threshold which may not be unconnected with market forces determinants.
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
It differs from coin to coin, I have seen a coin with a big hype on its first two months but after that the coin's value drop and I have seen coin that I never heard or read before but they have become a very profitable coin in the market, still up on how the coin developed overtime
I think, even though there are lots of new coins that have good prospects but I think old coins are still profitable as long as the coin still has good movement and many investors are interested and invest in the coin
i dont think so, i think even the old altcoins are also profitable. holding your old coins is one of the stategy of a users. wait for the perfect timing to trade your coins if the market value is high
I think it depends upon the coin. If the old coin is a fast growing coin and has a constant change from the start then I believe that we must hold the coin for good. But there e are also profitable coin on the feild that we didn't need to hold. So then I believe that everything really depends on the coin and it doesn't matter whether it is old or new.
old coins is still profitable i feel in my opinion only ico's is quick run money game but stable and long time running only the old projects and old coins still surviving in the bear market they are low at current point because of market is not stable but what goes down will come up again so patience is only virtue in the crypto currency at this point of time all crypto currency coins down at the moment but with good concept good project and good vision the coins will be have advantage, but those don't have great concept or not good project will surely failed .
It all depends on the type of project and coin/token. Yes, the older ones might carry a little less risk if they are projects that have huge teams and big communities and have established themselves, but on the other hand, as this is a fast-paced technological industry, you get some new gems that come along and are great opportunities to invest in as well. I have seen both older and newer projects fail and equally, I have seen old and new projects do really well, so it's really the luck of the draw, to be honest. I am no real expert but I do try to do my due diligence on stuff before I invest my very hard earned money. I think everyone must do their own due diligence first before ever investing in emerging tech and high-risk investment products.
i dont think so, i think even the old altcoins are also profitable. holding your old coins is one of the stategy of a users. wait for the perfect timing to trade your coins if the market value is high
Alt coins are like most fashion trends, which is that most "new" fashions/Alt coins gets a lot of attention when it is new, but the interest fade away over time. Some old fashions/Alt coins come into fashion again, when someone shine a light on them or when they get pumped. So it is all about the marketing/pumping of these Alt coins or if some popular platform starts to accept those coins for some reason.
Some fashions/coins always stay in fashion... like Bitcoin and Jeans.
Some fashions/coins always stay in fashion... like Bitcoin and Jeans.
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 so, overall everything went down by a lot. It's just the market. You should do some research on the ones you are interested in because there is also a lot of abandoned projects so that could also play a part in specific projects that went down a lot.
there are times when someone needs a better service than before
here shows that cryptocurrency also experiences development internally,
more and more developers provide solutions to the community through cryptocurrency-based projects
that way, I think sooner or later the world must recognize, that technology has really grown
here shows that cryptocurrency also experiences development internally,
more and more developers provide solutions to the community through cryptocurrency-based projects
that way, I think sooner or later the world must recognize, that technology has really grown
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