Being old in term of technology like TRON indeed plays a role in getting abandoned by market, however I think we all know that for the top altcoins like BTC and ETH, technology doesn't really matter, it could be having an outdated technology and it will still become coins with highest market cap.
The reality is, coin ranks change every bullish cycle except for these two coin which is BTC and ETH, it was EOS, TRON and other old coin that got ranked high back in the days, right now they are abandoned. In 5 years, we'd probably see coin like SOL, ADA, and TON abandoned.
so this just how the market works really, TRON as far as I know always trying to implement the trendiest technology but people just don't give a damn anymore about TRON technology.
Topic: Why can Altcoins fail? (Read 246 times)
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New innovation is leading to new Altcoins and developers anticipating innovation faster is a big part of development strategy.
Weed out old and outdated coins
Many coins have been started when Cryptocurrencies were less developed and much less innovative.
And here it is a big problem for many Altcoins: using outdated Blockchain technology.
A good example for such an issue is Tron.
Tron was developed from Justin Sun to compete against Ethereum 1.0.
But Tron was such a badly coded coin, it couldn't even compete against Ethereum and lost many marketcap against Ethereum.
Now, since Ethereum 2.0 is launched, Tron is completely embarrassed because of its old tech.
Tron is based on an old technology where more innovative coins are outperforming Tron massively.
Tron is losing relevance very quickly compared to such new and more modern coins like Ethereum 2.0, Avalanche or Algorand.
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
EOS was born with already insane marketcap at the time and a developer of it was famous for leaving his projects. And it was a bit too much everything, like . Sometimes less is more, and a focused purpose rather than building some "everything coin". And with tron, it's not just the bad code, but the man in charge too. People can smell the shady from miles away.Weed out old and outdated coins
Many coins have been started when Cryptocurrencies were less developed and much less innovative.
And here it is a big problem for many Altcoins: using outdated Blockchain technology.
A good example for such an issue is Tron.
Tron was developed from Justin Sun to compete against Ethereum 1.0.
But Tron was such a badly coded coin, it couldn't even compete against Ethereum and lost many marketcap against Ethereum.
Now, since Ethereum 2.0 is launched, Tron is completely embarrassed because of its old tech.
Tron is based on an old technology where more innovative coins are outperforming Tron massively.
Tron is losing relevance very quickly compared to such new and more modern coins like Ethereum 2.0, Avalanche or Algorand.
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
And Dogecoin doesn't even have developers, and it keeps on bouncing up and down. Code of it was never solution to anything new, and it should be very irrelevant, but for some reason, it keeps on going.
Well you just have to accept the reality that all coins will be old because new ones keep coming everytime and what people are mostly interested in is the profit they will make. That's why the saying that don't marry a coin is valid so everyone should remember and take profit.
Many altcoins now listed in the market there's a lot of different purpose with those coins and of course if they don't get sustainable they will soon considered as a dead coin if you will see a potential with those coins you are watching and you think devs are still making a move to make sure their coin will get back on the track and get ride with the Bitcoin price there's a chance to get profit if not considered already as cut loss you don't need to hesitate anymore but this after of halving and the BTC will come reach another ATH seems still good to hold.
Although I don't want to read what the OP is saying, because I still hold some quite old coins that aren't worth a sat, still hoping for a comeback some day, he may be right and maybe the best strategy would be to sell them for a few bucks before they are totally worthless.
It is a very difficult decision to make, and as I still expect a new ATH for BTC and ETH this year or in 2025, I think that I will wait a few more months to sell the alts I mentioned above, just in case I regret...
It is a very difficult decision to make, and as I still expect a new ATH for BTC and ETH this year or in 2025, I think that I will wait a few more months to sell the alts I mentioned above, just in case I regret...
Altcoins are not reliable for the long term, the successful tactics with alts is buying when no one is buying and selling when you are in profit, it is not something you cab hold for a long period of time.
If Bitcoin falls altcoins will lose value 2x, and even more, it is not a goof choice for a long term play obviously, but do not buy the idea that altcoins can't make you rich, the best money I made from crypto are all from altcoins, find the good ones and hold, when altcoins season begins you will be rewarded big time vs holding Bitcoin.
A Lot of this altcoin project where not even built for longevity, so finding the good one to hold might just be a waste of time. At best once you hold an altcoin for a short term and you've seen a seemingly double of your investment, you should take your profit almost immediately. If Bitcoin falls altcoins will lose value 2x, and even more, it is not a goof choice for a long term play obviously, but do not buy the idea that altcoins can't make you rich, the best money I made from crypto are all from altcoins, find the good ones and hold, when altcoins season begins you will be rewarded big time vs holding Bitcoin.
This kind of advise of waiting for an altcoin season to buy, is what has made a lot of people invest wrongly, we sometimes talk more about the success stories of how we where able to get good rewards from our altcoins investment, then talk less on the risk involved, just the way people that have invested in Tron are currently counting their losses, we should always balance the discussion by identifying the risk factors in some of this altcoins.
Not all coins fails, but shitcoins do, we need to insight in identifying the difference from what a shitcoin is to a reasonable coin we may invest, that is one of the necessary things to do before investing, making research is as important as many things, we cannot afford loosing our investment on coins we know nothing about, because this same category are the ones that offer for free drops and later turned to scam, some projects may not be able to afford in meeting up to the required expectations for them to keep existing without failing, its more important that we consider the risk before we make an investment.
Tron could so outdated but it's mostly used for transaction as it's the cheapest fastest means of transaction you can use TRX as the alternate of usdt payment through trc20-usdt. There are other coin i found as well that doesn't have any much value including NEO this are then days coin people were valuing so much and at least i can see wave coin a bit more better than neo but I think they are both same class and mostly launched either same year or thereafter.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
I don't recommend selling altcoins that people own including old altcoins like the OP mentioned because I don't know much about them.
The potential altcoins that are worth maintaining are Ethereum and BNB because these two types of altcoins have owners who are consistent with their future in the market.
I myself don't have much Ethereum and BNB stored in my wallet because my focus is only on Bitcoin as a future asset.
If it is in the personal opinion of each person in choosing coins that obsolete altcoins need to be sold, that is their right and if I were given the right to recommend, the Bitcoin that I would recommend to own is more with a percentage of 70% BTC and 30% altcoins such as ETH and BNB.
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One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
I have an "almost" bad experience when it comes to this coin. I'll try to share it as short as possible.One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Back in 2017, I really wanted to buy EOS. That time, it was the peak of the bull run and the price of EOS is at around $20. I tried to borrow money from somebody that I know from our community because I really want to buy some of it. He didn't let me borrow, and because of that, I didn't buy the coin. Luckily, that decline saved me because months after I tried to borrow, the price of EOS went down significantly. That was in 2018 where everything is going down. It's good that he didn't let me borrow because if I borrowed, I lost a huge amount of money and I'm continuing to pay that loan.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
I'm not familiar with TRON being outdated because I'm not following that project either, but there are many projects that are being created under TRON blockchain, so I wonder despite it being outdated, there are still new projects being created under TRON. 
You're actually right on this one. Many altcoins have been outdated but yet they're still part of the top ranks. It will only be a matter of time until most of them get eliminated there and become a forgotten coin. To me, it's not about being updated or outdated on this market with their blockchain or what does the developer does. What matters to why they're retaining their position is because there's a strong sense of support that's coming from their community. That's why if it were not for the community, many of these altcoins have been dead long time ago already. But then, they're still alive and kicking and so they're staying to their current positions but just like in the past, many of them have became once a popular coin but now forgotten.
Exactly some altcoins are still popular even though they are outdated which is surprising. I think reason they are still popular is because of their dedicated community not because they are better or have newer technology. Crypto market has shown that a strong community can make big difference and that is keeping these altcoins alive. Even though they might not be worth much or offer anything new their loyal fans are keeping them going. But we have seen before that even popular coins can become unpopular and I think many of these altcoins will eventually become forgotten. 
Altcoins are not reliable for the long term, the successful tactics with alts is buying when no one is buying and selling when you are in profit, it is not something you cab hold for a long period of time.
It's not all coins that you should buy when others are not buying. Some of the altcoins on the market now might be in their vanishing stages.When I refer to vanishing, I mean that the project may lack the ability to compete with others, and the project owner may have already depleted their liquidity. If you fall victim to buying such a coin, you might end up holding it forever, as the chance of selling it at a high price to make a profit might not come.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
You're actually right on this one. Many altcoins have been outdated but yet they're still part of the top ranks. It will only be a matter of time until most of them get eliminated there and become a forgotten coin. To me, it's not about being updated or outdated on this market with their blockchain or what does the developer does. What matters to why they're retaining their position is because there's a strong sense of support that's coming from their community. That's why if it were not for the community, many of these altcoins have been dead long time ago already. But then, they're still alive and kicking and so they're staying to their current positions but just like in the past, many of them have became once a popular coin but now forgotten. We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
People who are aware of which ones are better to maintain as future assets because of their superiority are people who are willing to learn and they are people who will be lucky with their choices.Many people are starting to convert altcoins into Bitcoin by selling a number of altcoins that still have a price to buy Bitcoin. This is what I mean by people who want to learn as I mentioned above.
Most coins tip and end up in the dump and make your wallet look like a rusty trash box. It's too difficult to remove useless rust.
Altcoins are not reliable for the long term, the successful tactics with alts is buying when no one is buying and selling when you are in profit, it is not something you cab hold for a long period of time.
If Bitcoin falls altcoins will lose value 2x, and even more, it is not a goof choice for a long term play obviously, but do not buy the idea that altcoins can't make you rich, the best money I made from crypto are all from altcoins, find the good ones and hold, when altcoins season begins you will be rewarded big time vs holding Bitcoin.
If Bitcoin falls altcoins will lose value 2x, and even more, it is not a goof choice for a long term play obviously, but do not buy the idea that altcoins can't make you rich, the best money I made from crypto are all from altcoins, find the good ones and hold, when altcoins season begins you will be rewarded big time vs holding Bitcoin.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
There are many of them which I have no interest to mention any of them. People can just go through the exchanges the old coins are listed and see how disappointing they are now. Many of the new coins now will also become old and not get to all-time high when bitcoin is getting to all-time high. Altcoins are like pump and dump. The ones that are successful now will later not get to all-time high which means if you make money from altcoins, sell them and do not expect their all-time high again or for a long period of time like decades or forever.The old worthless coins were once the hype of the moment in the past and there are many investors who were caught off guid into not selling their coins when they hard good chances of making a gain, this approach make the to lose all they investment, because they believe and wanted the coin will give them Usain profits.
the reason is quite simple, it is because most developers only think about profit by selling innovative ideas but they do not think about developing the asset into something that has value to users. there have been many examples of altcoins that seem to have very good prospects because they offer various revolutionary things, but when launched none of these ideas succeeded and that made investors sell their tokens and lower the price of these tokens. so most of the altcoins could end up as scams or have no value at all, just be careful to invest in these types of coins.
Most will probably be like that, just abandoned and there will be no development whatsoever. This also depends on the condition of the developer himself, if the flashback on some abandoned altcoins and scams such as LUNA,
then the developer is the main problem in the LUNA case. The project continues to run and even becomes the top Altcoin.
And the top altcoins today have a lot of developments and certainly project innovations that will build the main coin to be better and have value that provides profits for its investors.
The TRX that OP said was built by Justin SUN may seem powerless, but look at how Justin manages their market, builds a lot of their business and becomes a Network at a low cost. In fact, many gamblers use TRX as a payment currency.
Altcoins that only end up in fraud and are abandoned are only altcoins that do not have consistent developers and do not have adequate capital.
It always happens, even now the coin developers are just Hype at the beginning and then disappear.
New innovation is leading to new Altcoins and developers anticipating innovation faster is a big part of development strategy.
Weed out old and outdated coins
Weed out old and outdated coins
I am talking from experience.
It doesn't matter if its old project or not, even some older altcoins are better in your bags than new crypto projects, old projects have proven themselves, like Doge coin and Litecoin, you have no problem trusting them and holding for long, but new coins are even more risky.
Many altcoins have died in a very short time after Bitcoin lost the 70k support, and some are already struggling to stay alive, not all altcoins have enough funds to keep their projects up and running while Bitcoin is facing big bloodbath.
It is better to invest most of your funds in Bitcoin and diversify into good projects with great teams backing them up and make sure they raised enough funds too, because many good projects died in the past even while they gave good team but lack some funds.
This is why altcoins are only good for short term investment because their prices don't seem to prolong its increase, and would all of a sudden dump its value due to some negative market effects, thus they are not suitable for long term hodling.
I believe you will disagree with my following opinion that is, altcoins are for speculations like short term or medium term speculations. I disagree to consider altcoins, most of them, as investments even you said short term investments.I also disagree on the stance of short term investment. Investment, in my opinion, should be long term. If it is something for short term or medium term, it is more like speculation.
Difference between investing and speculating. It says the main difference is about risk that is bigger with altcoins, either for investment or speculation.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
There are many of them which I have no interest to mention any of them. People can just go through the exchanges the old coins are listed and see how disappointing they are now. Many of the new coins now will also become old and not get to all-time high when bitcoin is getting to all-time high. Altcoins are like pump and dump. The ones that are successful now will later not get to all-time high which means if you make money from altcoins, sell them and do not expect their all-time high again or for a long period of time like decades or forever.However, while less potential altcoins are bound to fail, even bitcoin investors as well may also lose their investment if they are not cautious and patient enough, and they don't know how to secure their coins 24/7. Losses are certain in all crypto coins, but if you want to gain profits more often, stick to bitcoin and develop positive attitudes towards your investment.
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