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Topic: Buying old coins: Is it worth it? - page 2. (Read 2102 times)

newbie
Activity: 12
Merit: 1
August 10, 2021, 07:21:38 AM
If The Project is strong then its buying is worthy.Bad projects have already get out from Market. Although some projects had gave profit in past few years  but now there are no where in the market because they were not strong based. They are replaced by some strong projects having good market cap.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 09, 2021, 08:11:41 AM
Almost every old altcoins on the market have given its investors the best ROI on their investment. With time there is growth with every altcoin. Also the buying price is affordable to buy as a whole compared to the leading cryptocurrencies that has reached peak values. For long term profiting old altcoins are always the right choice, because to stand long-term on the market isn't that simple.
hero member
Activity: 1498
Merit: 506
August 09, 2021, 07:58:18 AM
It depends what kind of coin if it's Bitcoin (which is the very first) of course it is worth it but if you are talking about other altcoins before the DeFi and NFT I'm not really sure about that maybe you should check what's update with them. I've seen some projects that turn into DeFi I think they were upgrading or catching up with what's hype today.
hero member
Activity: 1459
Merit: 973
August 09, 2021, 07:52:36 AM
If you can guess one suitable for ze #sharingeconomy then maybe it is worth it  Lips sealed
member
Activity: 588
Merit: 11
Futiracoin.com
August 09, 2021, 02:28:58 AM
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. Smiley

Two things I caught from the results of your post?
1. When is the right time to buy.
2. Saving coins for the long term.

In my opinion, these two things are different, to see how far the right time to buy is when market conditions are not good. In such conditions we take advantage of buying some coins that we believe have good bargaining value in the future.

While storing long-term coins, people usually buy meme coins, because this kind of coin gives the best level the following year, in contrast to coins that are ranked in the top 10.
maybe you can adopt this method, if in your view this is profitable.
hero member
Activity: 1344
Merit: 738
Leading Crypto Sports Betting & Casino Platform
August 09, 2021, 01:26:37 AM

You said it yourself already. If a project doesn't carry DeFi nor NFT in its discovery, just forget it. These are the two selling points for the crypto and they're not on the brink of settling for less as they keep skyrocketing with much adoption from investors.

They pay according to their work, they can't be forced to pay more, if investors start to like a lot the payment will automatically increase, I agree with what you say.

Forget it if the project does not bring Defi or NFT, there are other more interesting ways for them to do, if this opportunity cannot be maximized, why do we depend on such conditions, which are not necessarily true and real for us to participate.
sr. member
Activity: 1974
Merit: 453
August 09, 2021, 01:00:12 AM
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. Smiley

These coins are either dead or defunct. And in the cryptocurrency sector, it is very rare to see coins that have been dead for so many years being revived. The promoters of these coins have moved on to other projects, and other developers are not interested in them because there is no premine advantage for them. In short, it is not like investing in stocks that have fallen by 99%. With stocks, you can say that there is still a 1% chance of getting revived. But with dead coins, the chance is like 0.00001%.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
August 09, 2021, 12:52:25 AM
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. Smiley

There are two opportunities that I often hear from people to analyze a coin, both of which are almost completely true if I pay close attention. First, when the coins are issued, usually in the next 2 or 3 months they will slowly rise. Second, this moment will be repeated once again, but not for long.

Sometimes keeping too long a coin also doesn't mean anything, considering that every coin has the right time to be at the maximum number, but not all coins have this opportunity.

As of the time of writing, I think the prices dips already which could jump up again very soon to break another resistance. Talking about right time.

The old tokens/coins that I have in mind are actually more ancient like Lisk or ETC. Or probably coins that have been in the bullrun in 2017, undergoes a bear market since 2018 but got out alive still. I can see them still alive today even on the top 20 on CMC. I'd like to believe they are going o be profitable to hold. My pick this time is WAVES because the price isn't more than $100 yet.
sr. member
Activity: 1148
Merit: 252
August 09, 2021, 12:47:59 AM
There are two opportunities that I often hear from people to analyze a coin, both of which are almost completely true if I pay close attention. First, when the coins are issued, usually in the next 2 or 3 months they will slowly rise. Second, this moment will be repeated once again, but not for long.

Sometimes keeping too long a coin also doesn't mean anything, considering that every coin has the right time to be at the maximum number, but not all coins have this opportunity.

Strong fundamental coin usually have slow paced of developing their project, just like ETH which planned ETH 2.0 since 2 years ago. But this kind of coin is having a strong fundamental and solid holders behind, so the price won't crashed just like other coins which has roadmap to fully operated in just 1 year development.
hero member
Activity: 1344
Merit: 738
Leading Crypto Sports Betting & Casino Platform
August 09, 2021, 12:32:46 AM
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. Smiley

There are two opportunities that I often hear from people to analyze a coin, both of which are almost completely true if I pay close attention. First, when the coins are issued, usually in the next 2 or 3 months they will slowly rise. Second, this moment will be repeated once again, but not for long.

Sometimes keeping too long a coin also doesn't mean anything, considering that every coin has the right time to be at the maximum number, but not all coins have this opportunity.
sr. member
Activity: 1246
Merit: 252
August 08, 2021, 07:21:12 PM
You said it yourself already. If a project doesn't carry DeFi nor NFT in its discovery, just forget it. These are the two selling points for the crypto and they're not on the brink of settling for less as they keep skyrocketing with much adoption from investors.
It's just about the latest trends because in the past there were also many projects that did not bring the concept of DeFi or NFT in their inventions, and now these two things must be brought into the project because DeFi and NFT already have a lot of good responses from investors.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
August 08, 2021, 07:10:10 PM
In my opinion, if the old coin is from an ICO project, then it is not worth buying and keeping for the long term. Many coins from ICO projects do not survive and are of no value in the long term because they do not have strong fundamentals. Some even went missing on the exchange after a few months.
To be specific too, there are many ICO projects that became successful and are now established in the market and those ICO projects from 2016 to 2017 were mostly the successful ones.
But to those that have started to run their ICOs on the period of 2018, that was the year where most of the ICOs were a failure. It's due to the scams and people got fed with the pump and dump scheme that has been common before that period due to some influential people that's also happening right now. To those that have went missing, it's the exchange's decision to delist them if they find them no longer liquid.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
August 08, 2021, 06:23:06 PM
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.
Whether old or new, once a token outlives its usefulness it will get dumped. It really doesn't matter when it was created. The tokens you mentioned may not be relevant in the scheme of things in today's world anymore. Investment isn't done based on sentiments and emotions but on fact and feasibility. No one can force any to put their money where their heart isn't. Old projects need to keep up with programmes just the same way they marshal out new ones to keep investors thrilled.

Buying the old coin is not worth anymore except the popular old coins like doge, litecoin or something
The mention of dogecoin for a thriving old project goes a long way to show that we shouldn't give up on old projects that have utility, no matter what.
legendary
Activity: 2282
Merit: 1023
August 08, 2021, 06:14:16 PM
It is undeniable, but you should also know that coins like Dogecoin have always been able to survive in the cryptocurrency market without the help of hype from ElonMusk (Tesla's CEO) even at very low prices, and now Dogecoin no longer has the great hype it used to have happened a few months ago.
One thing everyone needs to accept is that the constant shilling of Elon Musk had a major change in the market as he was able to grab attention from investors outside the cryptocurrency space and i used Dogecoin to gamble and after the shilling i am no longer able to use them like i wanted to and i was perfectly happy if the valuation was low as long as i am able to use them for fun.
member
Activity: 868
Merit: 12
August 08, 2021, 05:42:37 PM
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. Smiley

You said it yourself already. If a project doesn't carry DeFi nor NFT in its discovery, just forget it. These are the two selling points for the crypto and they're not on the brink of settling for less as they keep skyrocketing with much adoption from investors.
sr. member
Activity: 811
Merit: 250
August 08, 2021, 05:06:28 PM
in my view the current altcoins are the ones that have good popularity will be the best. Examples such as Dogecoin have recently been named to become popular among cryptocurrencies and made the price of Dogecoin increase by ElonMusk (Tesla CEO). so now altcoins have their own era. so new and old altcoins have no effect on altcoin enthusiasts. because popularity can provide greater benefits.
It is undeniable, but you should also know that coins like Dogecoin have always been able to survive in the cryptocurrency market without the help of hype from ElonMusk (Tesla's CEO) even at very low prices, and now Dogecoin no longer has the great hype it used to have happened a few months ago.
member
Activity: 277
Merit: 22
lumintoken.com
August 08, 2021, 04:25:05 PM
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. Smiley

in my view the current altcoins are the ones that have good popularity will be the best. Examples such as Dogecoin have recently been named to become popular among cryptocurrencies and made the price of Dogecoin increase by ElonMusk (Tesla CEO). so now altcoins have their own era. so new and old altcoins have no effect on altcoin enthusiasts. because popularity can provide greater benefits.
full member
Activity: 1190
Merit: 100
August 04, 2021, 01:52:32 PM
Of course old coins have a huge price in the market. Not all old coins are valuable. For example, suppose there are some coins that occupy the top spot in the market, such as Bitcoin, Ethereum, Binance. Etc.No matter how old they are, they will always have a market value and will be one of the best coins in the market.
legendary
Activity: 2324
Merit: 1603
hmph..
August 04, 2021, 12:54:06 PM
world There will always be new cryptocurrencies in the market. Some old coins will be destroyed. The new coins will replace the old ones. The amount of wealth will continue to increase. In the future, most people will trust cryptocurrencies the most. Will be interested in investing more, Cryptocurrencies have good prospects in the future

Old tokens/coins that exist today and are already on several exchanges that have a fairly high volume, it can be said that this can be safer to buy compared to new tokens which are still minimal in exchange. Sure, multiple listings on the Exchange are no guarantee to last longer. But, at least, choosing an old token/coin that the development team is still active is a better decision than choosing a new token that has no products and services at all like meme tokens. Likewise with the prediction of potential tokens for long-term hold. This is also not a guarantee, because many projects are only good at the beginning but bad at the end. Of course, if you wants to playing with High risk, you can take decision to buy new tokens like using AMM (Uniswap, Quickswap, Pancake), but when you are put wrong tokens, maybe it will be never recovered and dead .
sr. member
Activity: 1008
Merit: 250
SmartFi - EARN, LEND & TRADE
August 04, 2021, 10:39:04 AM
Now old coins are not worthy as like new ones. Some old coins are still worthy like, Ethereum, BNB, Doge, XRP because they are active people are getting updates and news about those coins that's why these are still worthy. But other old coins now have become inactive that's why nobody is investing and they are not worthy now.
active or not if it is still traded on the exchange, also still has good liquidity I think it is still worth choosing.
but indeed sometimes the price movements of the tokens are manipulated from the exchange, some are just following the pump and dump of bitcoin.
the new coins may now be more fun for traders. because the hype is fast and those who can control the situation can certainly benefit.
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