I don't think it's a good idea to invest in old coins, the old coins that missed this round of great bull market may not survive till the next bull market.
Of course, there are always surprises, might be some old coins break out in the bear market or stand out in the next bull market. But the probability that you happen to hold this old coins is very low.
All in all，investing in old coins are too risky，it is better to buy the new coins with sensationalization.
Topic: Buying old coins: Is it worth it? - page 11. (Read 2134 times)
If a coin did not show a good rise despite the bull season and the team is not working, it does not make much sense to invest. Without a good community, the project can no longer gain value.
The important thing is not how much the project has been developed, but speculations affect the value more. We have seen this situation with many shitcoins in the past months
The important thing is not how much the project has been developed, but speculations affect the value more. We have seen this situation with many shitcoins in the past months
With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
That cannot be avoided old projects will be copied but not just copied but will be improved, in this way the project or cryptocurrency will continue to evolve into a better coins I think it's part of improvement we should not be surprised that new coin or project will come after the DeFi and NFTs.
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If the old coin is litecoin, dogecoin, dash, monero, I will surely buy it because those old coins still can increase and increase following with bitcoin price increase. Maybe this time, those old coins do not give much profit to us, but if we invest in those coins for the long term, it could give us the profit. But if the old coin is Peercoin, Primecoin, and Quark, I will think twice to invest because I do not see the project still good to invest. Maybe if the developer can convince people that their project still has development and want to make the project reach their goals, that can mean something to people and maybe people will invest in the project.
I haven't heard Peercoin, Primecoin, and Quark though. Or probably I read it somewhere but I guess it didn't stick or I didn't get intrigued about it.
Anyway, upon searching it, I do remember the logo of the coin though. Being a pioneer on it could prove that it has it's factor on becoming like BTC or something. It can but I'm not sure if a lot more people would want to buy it though.
The idea of minting the coin isn't bad though. Maybe you can earn those coins instead?
Anyway, upon searching it, I do remember the logo of the coin though. Being a pioneer on it could prove that it has it's factor on becoming like BTC or something. It can but I'm not sure if a lot more people would want to buy it though.
The idea of minting the coin isn't bad though. Maybe you can earn those coins instead?
You never know. We shouldn't just say like "It is an old coin. It won't make me a good amount of money.". Being the oldest or newest is not the most important criterion. The condition of the project is the most important.
Yes, i agree with you. Unless the project is not good, never invest in it.
Seeing the question asked in OP, it depends that whether OP indicating all the old coins or all the old popular coins.
I can easily say that if you invest in BTC, ETH, doge , LTC , then surely you will get profit.
These are the coins that never gets old and always chance is there to give you profit.
Now if you invest in a old coin whose marketcap is small, then almighty can only save you from losses.
Hope you understand the depth OP.
Some of old coins are still popular . as long as you choose the right one. like litecoins. monero. but if you want choose a coin like that I myself prefer coins2 that have much more potential and have smart contracts option because nobody know might be someday they had new feature that will impact their community like eth . bnb . polkadots . cardano .
I see this problem is really much simpler, for me in any field there will be new products created and if not competitive enough, old products will be left behind. And in the crypto market, this is very evident with the things that OP stated, if they do well, there will be no reason for the project to die.
yes you're right, so all that was replaced from the development of that project. so if they continue to develop their platform and provide new innovations, I'm sure even if the coin is old, it's still worth investing in.
I see that there are projects such as BITSONG and Adbank that have been running for a very long time for platform development. even their tokens used to have no value or just a very cheap value.
but after 2 years of development, the team proved that the ecosystem they built was finally accepted by the market. and that makes whoever sticks with a good project will definitely benefit.
old assets are not only top market assets that must be considered. This market is too broad, and there are many assets that we can learn from.
I see this problem is really much simpler, for me in any field there will be new products created and if not competitive enough, old products will be left behind. And in the crypto market, this is very evident with the things that OP stated, if they do well, there will be no reason for the project to die.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
Many old projects that are worthy of an investment which I prepare rather than searching for new projects that mostly are just scam. Knowing that the old coins are more sustaining, could give us a big chance to make money unlike what we see for new projects. Though we can never make assurance at least our chance is high, that I put into the account in choosing them.
You never know. We shouldn't just say like "It is an old coin. It won't make me a good amount of money.". Being the oldest or newest is not the most important criterion. The condition of the project is the most important.
Old coins that are still relatively popular can be a good buy. Just look at doge which hasn't received any major updates in years. It was immediately picked up by the meme community and eventually a lot of retail investors together with serious investors as well, made it to where it was just a few weeks back. Of course, it's a high risk, high reward play paired with extreme luck, so not every old coin is a good buy. You really have to analyze whether you'll be picking valuable rocks or diamonds on a rock.
With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
There are a lot of worth-it-old coins in the market like ADA or polkadots, it was just some old profits that are now exploded and have good potential at this time. Mostly a lot of old coins are not worth investing in at all since there are a lot of coins that don't really have a movement in the market or pump in the past years, something like EOS Even polkadot doesn't have market movement after it reaches around 40$ in the market.
Surely it's a volatile market so at any moment some coin could just explode but we couldn't actually invest in all of it, I guess it is not always worth it unless it's Bitcoin or Ethereum. I think it's better to always keep your money moving so I always convert some of my old coins into another token that has a lot of market movement.
it doesn't hurt to buy old coins, there are some old coins that are still cheap at this time, such as NXT and Ignis,
both from the Jelurida project, of course there is still great potential to gain a lot of profit when the altcoin season arrives,
try going to Bittrex and buy NXT there, Unfortunately Binance still doesn't list these two coins
both from the Jelurida project, of course there is still great potential to gain a lot of profit when the altcoin season arrives,
try going to Bittrex and buy NXT there, Unfortunately Binance still doesn't list these two coins
Well, whether old or new coin shouldn't be the basis to buy it or not. As long as it has a true potential in the market and possible give you an income, then it is really worth it.
Not all old coins are promising coins. Moreover, I wonder how the team can really make the coin survive in the crypto world. Moreover, the era is always developing, sometimes a team should also make some progress in order to make the coin more interesting and also can give stronger fundamentals today. So, many people will be interested again in the coin. However, there are no significant changes especially in the market of those coins.
And I personally, will prefer old coins that are worthy and promising with their strong fundamentals, big community, and also active teams. Btw, today coins or tokens newly are probably worthy for trading, utilizing the time to take profits with the new coins. But not or long-term because it may end up soon like what we have seen newly. It may be full of hype or FOMO.
And I personally, will prefer old coins that are worthy and promising with their strong fundamentals, big community, and also active teams. Btw, today coins or tokens newly are probably worthy for trading, utilizing the time to take profits with the new coins. But not or long-term because it may end up soon like what we have seen newly. It may be full of hype or FOMO.
With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.
I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
Old altcoins are my favorite if those altcoins have a great volume. Primecoin is a very old altcoins but the maximum supply is unknown and volume isn't good. The top any exchanges don't support these altcoins. This coin could be the best example that exchange support must be needed. You found a very good old coin which cost 3 USD in 2013! If I have an amount of money even though I won't buy these altcoins. I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.
In the past years there is an old coins that I invested in a herocoin play and I earn of these kind of old altcoins it was started in a year 2017 but now I stop to buy more because since they step put in a year 0f 2020 they are no longer to raise the price a little bit but its always in a CMC. And in this time i found out that they increasing the price again but not to high so maybe I just need to think about if I want to buy or not.
And those old altcoins mentioning from OP im not familiar yet of what year they release that altcoins. And there are so many old altcoins banishing if the project was not totally being update not improving the of what the project are.
And those old altcoins mentioning from OP im not familiar yet of what year they release that altcoins. And there are so many old altcoins banishing if the project was not totally being update not improving the of what the project are.
I remember Quarkchain and how noisy it was. They even launched a bounty in the past months so as not to be forgotten. But, you know the market just swallows most of them over time and is forgotten, so the more profitable is always used more actively. At the same time I guess the future will not be better for such forgotten projects. And going against the current is certainly not the solution, the real solution is to find the truth in the current. Maybe you should continue from this way? 
I think you can buy old coins with a note that the coins you buy are coins that have good fundamentals because I think some old coins are starting to be worthless because investors have started to abandon them and some are starting to be abandoned by developers. but for old coins like ltc I think you can still consider it besides doge can also be an option even though this coin is very high risk but what's the problem if you buy it and do scalping
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