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Topic: What do you guys think about the Old coins? - page 7. (Read 2695 times)

full member
Activity: 325
Merit: 101
Looking at the current development of Crypto, old coins don't seem to be able to talk much, many ancient coins can't survive, only a few coins are able to survive because they always innovate and develop. There will always be competition between old coins and coins, but I think it's better to invest in new coins.
full member
Activity: 1260
Merit: 100
for the old coin as long as it is still active and its founders are still innovating and
continuing to develop the system it will definitely survive in the future.

Old coin will survive if they continue to keep their holders, gives continues updates and news.
If we know it is dead, we can just sell it and find other coin.
but the worst thing is the coin is not dead yet, neither alive, doesn't have progress and updates, that is worse than a dead coin.
full member
Activity: 910
Merit: 102
Until now, I haven't seen any old coins moving in the market, but in the future it might have a higher price, we hope it will be like that too. But I'm still not sure about investing in the old altcoins.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
In my opinion, if the development is still being carried out, and following the current technological developments, it deserves to be maintained, and is an option. for example, like Ethereum. Ethereum has even maintained its position as the king of altcoins for now, and ethereum is one of the oldest coins.
legendary
Activity: 2282
Merit: 1041
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

Should I invest in old coins?

These old coins have their own purpose and place in the crypto industry. In addition, over this rather long period of time, they have proven their significance. This is confirmed by their market price.
New crypto coins have the same risks as old ones, however they do not have a positive, time-tested history.

Old coins for sure stood the test of time if they are still actively managed, developed and backed by a lively community. At least you know what you are buying. The coins have a history with good and bad moments and you can tell how the bad moments have been manage as well. Nothing bad about getting some of those older coins.

Old coins are like old technology but since roadmap can be updated, these old coins can stand the test of time and can grow even further because they are already known due to the marketing they've had before.

Some are saying that it's like the old dotcom bubble that netscape and some old social media like myspace are going to be replaced. And so Bitcoin will also be replaced later. As of now it's still the top coins despite the existing sophisticated projects like ETH, EOS, and Polkadot.




hero member
Activity: 1526
Merit: 597
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

Should I invest in old coins?

These old coins have their own purpose and place in the crypto industry. In addition, over this rather long period of time, they have proven their significance. This is confirmed by their market price.
New crypto coins have the same risks as old ones, however they do not have a positive, time-tested history.

Old coins for sure stood the test of time if they are still actively managed, developed and backed by a lively community. At least you know what you are buying. The coins have a history with good and bad moments and you can tell how the bad moments have been manage as well. Nothing bad about getting some of those older coins.
sr. member
Activity: 798
Merit: 263
The real issue is choosing good projects whether old or new. Different coin have different use cases so need to look at their relative performance in the current market.
sr. member
Activity: 1036
Merit: 250
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

Should I invest in old coins?

These old coins have their own purpose and place in the crypto industry. In addition, over this rather long period of time, they have proven their significance. This is confirmed by their market price.
New crypto coins have the same risks as old ones, however they do not have a positive, time-tested history.
full member
Activity: 784
Merit: 101
some old coins will indeed be very valuable in the future, the most difficult thing is to determine which coins will be very valuable in the future, because not all old coins will rise again, most old coins lose to new coins which are more innovative and interesting, therefore old coins will only be trash that will never rise
full member
Activity: 1036
Merit: 100
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

Should I invest in old coins?


If the old coin has no price cracks on the market then you should just leave it and don't invest in that coin, you should choose coins that have great developers and there is movement in the market such as BNB, Eth, Ada, and Polkadot.

Your proper knowledge with the market movement will guide you to choose between old and new projects.

as we go forward, there are still old coins that still moving after Bitcoin pumped up, the value of those old

projects became interesting, but like what you've said, if there's nothing from the developing team better to

stay away and follow new projects that contiue to develop.

yes, that's my perception. i don't want to waste time trading in altcoins which the developer doesn't support. investment in digital currency is that we make the choice and only we alone can manage our finances, as well as the choices we will choose. in my opinion like that.
full member
Activity: 910
Merit: 101
for the old coin as long as it is still active and its founders are still innovating and
continuing to develop the system it will definitely survive in the future.
full member
Activity: 560
Merit: 105
Of course, old coins can compete with new coins, it's just that the developers and their teams have to make a breakthrough or change to improve the quality of these coins, so that old coins can compete with new coins, and for investment options on old coins, it's better for you to analyze them first, cause if at the time of the bull run the coin price did not go up, it would be difficult to go up in the future
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

For the old coins it's all about the work the projects team are putting in terms of marketing to let people know what the coin can offer because the market has to many coins competing for adoption(usage) but then again these newer coins could have come from ICOs so they could have the money to market their product which the older does not have!

Quote
Should I invest in old coins?
By all means, old doesn't mean dead coins!


hero member
Activity: 2562
Merit: 586
investing in old coins minimizes losses a little if the market is bad, old coins will also thrive in everything, and old coins can also be profitable at any time because the product is still running as they target.
Just being an old coin alone cannot be a criteria to invest or hold with, I agree. Old coins with real world applications are still surviving but few of them might got dumped heavily due to lack of promotions. I mean just having potential alone will not ensure success of a coin but devs must need to work hard in order to make their coins reaching the right people.

I am still holding lots of old coins and I am believing into its futures. When I was investing I just looked for potential and how they might serve people in real world. This way I am holding few of privacy oriented coins and dapps coins.
full member
Activity: 560
Merit: 217
Dash, monero and zec will compete with them. As far as i know their community is big enough and the development also still runing. Dash made new feature and also start to make their Dash worked like DeFi on ethereum. I believe those coin will be here for next years.
member
Activity: 252
Merit: 64
Never Mind
Use old coin for fast trading only, I guess.
sr. member
Activity: 987
Merit: 289
Blue0x.com
Of course they can depending on their coin's utility and the community behind them. If a coin is from a great project that have real world use case and can help make lives of many more easier, then the more so that they can compete. Just because they're old, doesn't mean they become ueles or cannot be subjected to improvements. You just have to read more and kearn more about which us better from one coin to another there is no shortcut in making good investments.
full member
Activity: 815
Merit: 101
investing in old coins minimizes losses a little if the market is bad, old coins will also thrive in everything, and old coins can also be profitable at any time because the product is still running as they target. but to be honest for EOS I wouldn't and never would have invested there

For new coins I think you have to be very careful if you want to invest, because sometimes new coins rely a lot on Fomo,

if I play new coins always hit and run


for old coins not all coins do have the latest updates even some coins have died in vain. for EOS I am also not sure about the coin, EOS is not consistent with what was rumored for the first time when it was launched there was even an issue saying that EOS will become a big coin in crypto, but all that is now gone and EOS is still EOS. we don't even know when EOS will rise
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
investing in old coins minimizes losses a little if the market is bad, old coins will also thrive in everything, and old coins can also be profitable at any time because the product is still running as they target. but to be honest for EOS I wouldn't and never would have invested there

For new coins I think you have to be very careful if you want to invest, because sometimes new coins rely a lot on Fomo,

if I play new coins always hit and run

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
In my opinion, it's better to invest longterm in very safe,  useful, well decentralized coins that you can easily run their nodes in order to fully control your assets and take part in network consensus.
I wonder how long the new coins will run before it becomes difficult for users to easily run their full nodes? I think It should be between 5 — 50yrs. I believe it can be well over 50years for the Very Decentralized ones. Some of the new cryptocurrencies became difficult to run by average people in less than 3yrs. I would honestly avoid investing in them long-term. And I wouldn't invest in or contribute to substandard coins even short-term
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