Topic: We should not buy outdated and overvalued coins - page 2. (Read 457 times)

as development with the token still runs investors might wants to work on custom with the dispute of funds as expecting with the limit of returns and more to prepare with same or similar plan on future terms to complete as appealing with use of strategy on measuring market of the crypto finance.

I did not understand what you are trying to prove, Ethereum 2.0 is innovative but the transaction charges are crazy high, the transaction charges for BSV and BCH are pretty low and that is what i call progressive even though they might not be having the same number of transaction like bitcoin. The rest of the coins i do not care and i never invested and not planning to invest either.

Bitcoin is BSV and BCH. IF you call one of them outdated then all three of them are. Value of cyptocurrencies are far from their technical fundamentals. Coins with strong fundamentals can easily be overlooked. Their value wil show only in many years to come.

Dr Kim talk here about it.
Behavioral Finance, Cryptocurrency Markets
https://www.youtube.com/watch?v=REC5V7d3pqM&feature=youtu.be

Not all old coins are outdated and overvalued because the old coins can increase anytime, especially if the team can still work for the project and they want to see the project will succeed and online for a long time. What @OP is saying about outdated and not innovative coins is not right because we do not know what will happen to that coin. The old and new coins have the same opportunity to increase, and it is about a matter of time for us to see which coin will have the potential to increase in the future.

I do not agree if you mention the Cardano coin, including coins that are not innovative. I think you are wrong and don't understand about Cardano. It looks like Cardano is more innovative than some of the coins that you think are better.

I agree. The first thing to consider in buying an altcoin is whether its project is active in its development or not. There are projects which are all air and noise but no real development. Some projects are only promoted but there is no actual innovative product that would be useful in real life. There are also projects which are nothing but mere copycats or fork and are only existing because their origin is very solid.

Projects which are always upgrading and discovering new developments are always the ones with most potential. Ethereum is still the one who leads.

I very much agree here, good comment. We can clearly see which project is active and which project is not active and it's also a result of price.

Also good comment I can agree to. Every coin will be considered valuable if it's getting used. We can see from Bitcoin and Ethereum here, it's getting used and result is a high price. While coins like Tron and Cardano - nobody uses it. A coin not being used is useless. I totally agree here.

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I clearly want to ask what's your problem here to make accusation? You have just written gibberish accusations and defended shit coins, so what? Are you king of altcoin analysis or what?! I have only given my opinion here and written why it's not good to buy outdated coins. It is provent facts. If you want to buy outdated coins, good luck getting rekt.
Are you defending your shitcoin bags or just don't have any clue to do research?

And I've never owned any of it if you want to know, so stop making conclusions where you have exactly ZERO proof of, degen!

Funny! So you say people don't buy because of tech? I cleary say you don't know much about doing good reseach. A coin needs good tech and if it's not good tech, it won't have success long term. It's a very flawed assumption for every coin will go up and tech will never matter.
Tech is most important and useless shitcoins will fail and become useless. If you don't want to realize, you will make a big loss!!



For me, progress and tech is important. Projects need to build a working product and Cardano failed now for 4 years to make it work. Always delay, always empty promise, same like Tron, same like EOS. Only empty promise, marketing and BS.



I don't see where Bitcoin and Ethereum are outdated. Bitcoin and Ethereum have many active devs, users and a big community. Bitcoin will establish as a store of value and for internationl transactions and Ethereum will become currency of tech. I can see some coins more maybe for every day payment like Ethereum 2.0 or Avalanche, we don't know yet. ChainLink will be coin of interoperability. Maybe also Bitcoin has a chance for Lightning.



Hi! Yes, I wrote Tron and Cardano is outdated and not innovative coins. And here is why:

I wrote it based on tech because every project needs to consider a moving market: 
Yesterday it was fast payment
After it came ICO and later DeFi
And finally is coming NFT

All projects need to adopt especially DeFi and NFT, developers need to develop fast. Tron didn't deliever, only empty promises, Cardano didn't deliever, only empty promises. For 4 years now. Only marketing while people don't do research and buy. DeFi and NFT does not work for such outdated projects, nobody will use it. Price is just so high because of good marketing from Tron and Cardano. People believe it while it's only empty promise but in reality outdated tech.




You should stop your accusation here and instead do your research before comment. I made a list based on proven facts where I said it won't be a good decision to buy uotdated coins. You can clearly re read my OP and make your research better instead of personal accusations, yes?
It is very clear or why should outdated projects stay relevant?
New crypto requirements for projects are to support BIG DeFi and NFT, and enable linked Chains (ChainLink) to improve interoperability. Do you doubt? If yes, you should maybe just buy stocks.
Crypto is a fast moving market and outdated projects won't be successful. Just look at Tron, where Justin Sun is an idiot, just makes marketing and never delievers a ready product. Same like Cardano, it is always only news but never a real product. WHERE is DeFi and NFT for Cardano? WHERE? it is not existand because Cardano is an old and outdated project based on hype, marketing and speculators greed. It is using an outdated approach, nobody from DeFi really mentiones it! Same like EOS! Nobody professional from DeFi sees it relevant, it's only speculation, greed and marketing. No real technical fundamentals.



We need to have a look at some good projects, not all new projects are innovative, only few:
- Take ChainLink: it has provided a completely new traget: DeFi. Future crypto will all be linked and ChainLink has found a strategy to become really innovative here
- Take Avalanche: Avalanche is a completely new consensus where we won't see any problems for SCALING. Transactions are fast, cheap and development is only 1 year so far compared to 4 years for Cardano. Imagine what Avalanche will have achieved in 4 years!
- Take Ethereum 2.0: So many devs are in progress here, sure it takes time but do you really expect, Ethereum, where mainstream has made bets will fail? Vitalik Buterin is genius, he knows very well what he's developing here und he's right, he should not rush because rush makes mistakes. Ethereum 2.0 will be powerful and will make Tron, and Cardano look very bad.

It's how crypto market is moving.

New crypto-currency project has really been able to provide any real life usage apart from means of transaction or development of order snap-on tools like bitcoin and ethereum respectively so it is kind of strange to claim that some new points are innovative when in reality we haven't really seen their impact or their use in the mainstream this is why I believe that as long as the crypto please include has no block chain issues and is easily treatable with a very good community parking I believe you can buy and hold that type of crypto

Its true that we need to conduct a research before investing in any coins because thats how we can determine if the coins are worth to buy and hold to give us profit.

But I dont agree with your list of outdated coins, these coins are proven not to be a shitcoins and already exist for years. Its clearly not belong to a pump and dump scheme unlike other coins that only increase through hype.

not only you mate, because tron and cardano is my favourite altcoins now,
but the OP wrote if both altcoins is outdated and not innovative coins so far and for me this is unreasonbale

I agree with you on opting out of holding or purchasing dead projects. It's my personal opinion that I really don't think one should be buying coins that may be dead or who's development has slowed down to a crawl. There are a lot of projects that have cropped up over the years, especially since the big boom and bust of 2017. Many projects have been unsuccessful. However there are still a few gems out there in the rough that just haven't had a chance to shine yet!

Talking of outdated, I thought you would have coins like dogecoin in there which was almost left for dead until Mr Tesla happened but surprisingly I saw one of my favourites "TRON" in the list which is shocking tbh.

With the soaring prices and high transaction fees nothing from the top coins comes close to TRX because you won't be paying over $20 in fees or waiting for several days for a single confirmation so there is some usefulness for this crypto if you over look the team,vision etc

I only treat those Bitcoin forked coins or similar names to be shit coins specially Bitcoincash but there are still people who are really enjoying for the sake of profit making
but for overall support then I surely doubt that.Im not saying they are outdated but I don't feel on touching those.

These outdated projects you had said then I  don't think that they do really belong to this group. EOS and NEM and ADA? I don't think so.

I do see these projects are still worth for you to consider on.

Whatever you said, Old Coins already have strong community behind while the newcomers mostly filled by weakhands.
Also EOS absolutely not an outdated nor overvalued coins, its still a coin which have big potential inside.

i agree with the OP if we must doing our best research before investing in any altcoins project,
but i disagree if the OP add Cardano as outdated and not innovative coins, because a lot of great thing happend in this alt now, and already made this cardano become stronger altcoin day by day, in this case i think the OP should learn more about cardano

maybe i agree if bitcoin cash, bitcoin SV and NEM is a part from outdated altcoins
but i disagee if you add cardano, eos and tron in that lists mate,
because at this moment cardano, eos and tron is a part from the best ethereum competitors

You have noticed that cryptocurrency has gradually lost its original purpose as a means of payment, and is turning into a commodity that is chosen, bought and sold. Well, if we consider coins from the point of view of a product, then you need to choose the best and highest quality. Now it is easy to find the information you need about a particular coin and decide whether it will be profitable to work with it.
Binance Smart Chain is trending today!

If you can call all these coins outdated it doesn't leave Ethereum and bitcoin out of the list since they have outdated utilities, many new projects beat bitcoin when it's comes to utilities but Bitcoin just happened to be the best even with it's old tech, who cares anyways? You've made your choice OP I prefer old coins more anyways

I don't know why you are calling TRON, EOS, Cardano outdated. they are old projects but they are not outdated at all . they are getting fresh updates regularly, the devs behind them working well. so I don't agree with you about the mentioned coins.




100% agree with you. if they were outdated they would not stand where they are standing now. they are reaching to new ATH everyday.

Can't say much about bitcoinSV but every other altcoins you made mention are popular and active altcoins, they are no way undervalued and outdated, instead you start talking about Ether 2.0, what do you think makes ETH2.0 different? Avalanche is a new altcoin and we can't say what the future holds for the project, sometimes old projects are just way better