Topic: Buying old coins: Is it worth it? - page 12. (Read 2134 times)
indeed old coins look very tempting to buy back, because the price is cheap. but I think old coins will be very difficult to revive, the main cause is the difference in technology used and outdated
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's not entirely true. New coins are not less secure if the tech is implemented in the right way.
Yes newer technology might have greater of chance of vulnerabilities but at the same time it improvises the efficiency and integrity.
But I get what your point is. Older coins are a good to invest in but at the same time it should still have value and active developments.
Only then it is worth to invest in it. There's no point in investing in old coins which are not active in developments and improvising the product.
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 have heard about these coins, but I remember their ideas, I also didn’t think about these coins if you didn’t remind me.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.
You have been on the forum since 2014, tell us what do you think about before investing? Do you see that the price of the coin has dropped to a certain value and are you planning to buy it for luck?
I invest in ethereum, polcadot and other projects, but I understand why their price will rise. I may be wrong, but I understand what I am doing and I have my own risk management.
If you want to buy any coin, then answer yourself the question why its price will rise, and invest according to your risk management mind.
Old coins are getting piled up since upcoming projects and updates of newer coins are continuous and enormous, right now the market is driven on a coins' popularity to investors and not its potential, of course buying old coins would still get you some profit but you cannot expect the same profit you'll get from hyped and famous coins.
This is actually so true, but if I had a chance I would rather mine than trade old coins that as good as Primecoin.
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.
This is actually so true, but if I had a chance I would rather mine than trade old coins that as good as Primecoin.
I don't think so but if you've got some spare money and you just want to feel that vibe and you think that it's still worth buying then buy some. There's nothing to lose upon putting a small budget for these types of coins as long as you're okay to lose them with these coins.
But put them only with those old coins that still have quite high liquidity so you're still on a good track for that coin that you're about to buy. You may hit a jackpot if any of them pumped unexpectedly and that's usually happening.
But put them only with those old coins that still have quite high liquidity so you're still on a good track for that coin that you're about to buy. You may hit a jackpot if any of them pumped unexpectedly and that's usually happening.
Wasn't Filecoin one of the oldest coins that gained a lot in the last few months? Who knows if the other old coins can replicate that. The problem with these old coins nowadays is the lack of exposure. They don't have a presence in popular forums like Bitcointalk and I bet a lot of newbie investors haven't heard of them. I even thought Quark and QuarkChain are the same to be honest.
it is very difficult to see the movement of old coins that have lost interest in the eyes of investors. especially with an increasingly sophisticated update system DeFi has attracted many enthusiasts.
I can't recommend for old coins, because it depends on how you see the future. As far as I'm concerned, for now, the race against the latest released coins depends on how strong they are in the crypto market and how strong their appeal to investors is.
we must not forget the old coins that are still running today. However, old coin managers also have to make changes and adapt to the latest technological developments in order to exist and be able to compete.
I can't recommend for old coins, because it depends on how you see the future. As far as I'm concerned, for now, the race against the latest released coins depends on how strong they are in the crypto market and how strong their appeal to investors is.
we must not forget the old coins that are still running today. However, old coin managers also have to make changes and adapt to the latest technological developments in order to exist and be able to compete.
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.
In my opinion. If you want to buy old coins. Buy one with a strong project and fundamentals. Like ltc, waves doge and solana. If you buy coins that are left behind and the project is not great, you will most likely be left behind. 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.
Buying the old coin is not worth anymore except the popular old coins like doge, litecoin or something else and why? this project already lost interest from the investors and traders.
https://coinmarketcap.com/currencies/primecoin/markets/
It's almost die right now. It's only worth to bet into the pump that no one knows when that will be coming for sure.
It's only wasting our time to buy the old coin while we can make money from the new coins easily dude.
https://coinmarketcap.com/currencies/primecoin/markets/
It's almost die right now. It's only worth to bet into the pump that no one knows when that will be coming for sure.
It's only wasting our time to buy the old coin while we can make money from the new coins easily dude.
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.
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