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Author Topic: Do you still believe in old coins?  (Read 21925 times)

Offline doc

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Re: Do you still believe in old coins?
« Reply #270 on: April 13, 2024, 04:18:47 PM »

A large number of investors prefer to take risks. They invest in some new coins so that they can make more profit in a faster time. As there is a great opportunity to be profitable but if the investment is not right place, there is a possibility of losing a lot of money. I am personally risk averse and interested in investing in projects whose coins are listed on a good exchange and fundamentally strong. But if someone invest in old coins than investing in new, he can get better results. Old projects do not give temporary profit but in long term it will give us big return.
If a new coin is successful, investors will get big profits, but don't forget the risk of losing is also very big. Several times I tried to invest in new projects and experienced losses, this is the reason why I prefer old coins

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Re: Do you still believe in old coins?
« Reply #270 on: April 13, 2024, 04:18:47 PM »

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Re: Do you still believe in old coins?
« Reply #271 on: April 14, 2024, 06:41:02 PM »
If a new coin is successful, investors will get big profits, but don't forget the risk of losing is also very big. Several times I tried to invest in new projects and experienced losses, this is the reason why I prefer old coins
That means you are lacking in coin analysis or new projects.
If you're not good enough at analysis, you can see how other people's recommendations or discussions about the new project are.

Now many new crypto projects are emerging and even quite a lot, let alone memecoin projects that are being hyped.
You need to do detailed research whether it is a good project or not to invest in.

If you're an early adopter and do some research that the project is good and everyone says so, then that's your chance to get in.
Don't just come in and invest because many scams do occur and target people who don't do research.

and honestly I also still believe in old coins or top coins, because those coins in the Top 10 CMC already have a good reputation and are more guaranteed, provided you also enter at the right time.

Offline Primo1760

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Re: Do you still believe in old coins?
« Reply #272 on: April 15, 2024, 12:01:01 AM »
In the list of top coins, besides new famous names like Solana, Polygon, Polkadot, Terra, Cardano… there are still many famous old projects from last season like EOS, IOTA, Litecoin, Waves, NEO, TRON... Many people say that these are old platforms and are considered "zombie platforms" because they don't have many users now. Many people even mock them and say they will soon be replaced by newer, stronger, more user-friendly projects.

Personally, I still believe that each token has its own moment. The old projects have been around for about 3-4 years, and the team has enough time to perfect the technology and create a product for the community. This is very different from new projects that haven't run testnet/mainnet or MVP yet, everything is still just a promise on paper… Also their community is huge, and these tokens are absolutely worthy for whales to select and pump/dump.

I still spend most of my assets on quality old projects like Ethereum, EOS, IOTA, NEO, TRON. I still assume they have x100 potential in this bullrun.

Do you own old coins? Do you still believe in their future?
Of course I love old coins. Because most of the coins that have created excitement in the market are old coins. All coins from Bitcoin to TOP are very old. Currently I am moving forward with coins such as bitcoin, ethereum solana bnb etc among the old coins but hopefully in the future I will have a lot of success with all these coins. People are now afraid to trust new coins more than old coins because new coins need more time to gain people's trust. There is a saying in our mother tongue that the older the rice, the more rice.

Offline DabsPoorVersion

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Re: Do you still believe in old coins?
« Reply #273 on: April 15, 2024, 06:02:22 AM »
and honestly I also still believe in old coins or top coins, because those coins in the Top 10 CMC already have a good reputation and are more guaranteed, provided you also enter at the right time.
If you only look at those top 10 altcoins, then maybe you should start widening your view of good altcoins. There are old coins that are not in the top 10 but are still considered to be one of the best options to choose when finding an altcoin to add to your portfolio.


to OP, yes, I still believe in those old coins, adding old coins is still my preference, especially in every bear market. That's one of my priorities to bag as there are more data to see and possibilities of how far they can get on the next bull run. I also feel more comfortable investing in them, but I don't limit investing only to those old coins, there are still new coins that we should consider investing in and looking to take the opportunity to make a profit.
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Re: Do you still believe in old coins?
« Reply #274 on: April 15, 2024, 12:56:34 PM »
I still mine scrypt. Which is merged mining of Doge and LTC. I will continue to do so over the next year.

I hodl both LTC and Doge.
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Re: Do you still believe in old coins?
« Reply #275 on: April 16, 2024, 05:43:03 AM »

A large number of investors prefer to take risks. They invest in some new coins so that they can make more profit in a faster time. As there is a great opportunity to be profitable but if the investment is not right place, there is a possibility of losing a lot of money. I am personally risk averse and interested in investing in projects whose coins are listed on a good exchange and fundamentally strong. But if someone invest in old coins than investing in new, he can get better results. Old projects do not give temporary profit but in long term it will give us big return.
If a new coin is successful, investors will get big profits, but don't forget the risk of losing is also very big. Several times I tried to invest in new projects and experienced losses, this is the reason why I prefer old coins
I agree with this opinion, if the new coin/token project is successful we will get big profits because buying it at a price that is not yet popular and over time the coin price will increase if the project is good and really needed. but talking about risk, of course the risk of new coins is quite big and bigger than old coins, that's why big investors prefer old coins like bitcoin and ethereum
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Re: Do you still believe in old coins?
« Reply #276 on: April 16, 2024, 11:55:30 AM »
I still have some old coins that I have bought so far in my wallet. But the majority of them have recently risen to be listed on the top exchanges, in fact.
Because at this time, there are many new potential coins that I also see having a good price in the future.

But even so, of course, anyone still needs to do their own research so that they have no regrets in the end in this field of cryptocurrency.
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Re: Do you still believe in old coins?
« Reply #276 on: April 16, 2024, 11:55:30 AM »


Offline Rubel007

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Re: Do you still believe in old coins?
« Reply #277 on: April 16, 2024, 01:11:12 PM »

A large number of investors prefer to take risks. They invest in some new coins so that they can make more profit in a faster time. As there is a great opportunity to be profitable but if the investment is not right place, there is a possibility of losing a lot of money. I am personally risk averse and interested in investing in projects whose coins are listed on a good exchange and fundamentally strong. But if someone invest in old coins than investing in new, he can get better results. Old projects do not give temporary profit but in long term it will give us big return.
If a new coin is successful, investors will get big profits, but don't forget the risk of losing is also very big. Several times I tried to invest in new projects and experienced losses, this is the reason why I prefer old coins
I also invested in two new coins that have arrived in the market recently. But sadly, instead of making profit on the coins, my invested assets lost half of its value. If I had bought some old coins, I might not have faced such a big loss. I don't blame anyone for my investment but I should have been more careful in my coin selection. New coins create temporary hype and after a long time those coins become bullish. It is better to invest in those coins which have created reliance in the  market. If an investor does not want to take risk then it is definitely safe to invest in old coins.

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Re: Do you still believe in old coins?
« Reply #278 on: April 16, 2024, 02:05:52 PM »
The old coin I have is Airt. The reason I keep the old coin is their potential high value, which I believe may happen this year. According to the prediction and analysis of users that hold it and exchange it, a big jump in value can happen what can be follow on the Coinmarketcap site. The future is secure, it is almost evident from the daily trading on the exchange.
« Last Edit: April 16, 2024, 02:17:15 PM by Doovla »

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Re: Do you still believe in old coins?
« Reply #279 on: April 16, 2024, 02:45:18 PM »
I also invested in two new coins that have arrived in the market recently. But sadly, instead of making profit on the coins, my invested assets lost half of its value. If I had bought some old coins, I might not have faced such a big loss. I don't blame anyone for my investment but I should have been more careful in my coin selection. New coins create temporary hype and after a long time those coins become bullish. It is better to invest in those coins which have created reliance in the  market. If an investor does not want to take risk then it is definitely safe to invest in old coins.

There is no doubt that new coins have higher risks when compared to old ones because those that are old have been around for quite some time and can be trusted more than the new ones, but I believe most investors already know the risks involved and they still invest in newly launched cryptocurrencies only because they believe new coins and tokens have the potential to provide more profit in shorter timeframes.

Though I agree with the fact that new coins and tokens grow quickly if they are meant to grow, I'm not a fan of making large investments in them because you can't take big risks with your hard earned money and as you said, one should instead invest that money in more trustworthy cryptocurrencies that have been in the market for very long.
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Offline Jamal Aezaz

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Re: Do you still believe in old coins?
« Reply #280 on: April 16, 2024, 06:48:29 PM »
I also invested in two new coins that have arrived in the market recently. But sadly, instead of making profit on the coins, my invested assets lost half of its value. If I had bought some old coins, I might not have faced such a big loss. I don't blame anyone for my investment but I should have been more careful in my coin selection. New coins create temporary hype and after a long time those coins become bullish. It is better to invest in those coins which have created reliance in the  market. If an investor does not want to take risk then it is definitely safe to invest in old coins.

New coins are more risky so before investment it was necessary for you to check about the nature of that coin and I also don't recommend to put money into just old coins because old coins are also not all worthy.

I think that we should not say that avoid new and accept old because there are also many old coins which are still lower in its worth so you can choose both old and new coins but If the coin possess the potential to make profit for you easily.

First of all a person should invest in top coins because the top coins possess the potential to increase in its worth but all other coins whether its old or new possess some risk so keep predicting about the details of coins prior to utilize your money for its investment.
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Re: Do you still believe in old coins?
« Reply #281 on: April 16, 2024, 09:43:24 PM »
Yeah especially with Bitcoin, Ethereum, Doge and others but this season a lot of investors are into the hype of new coins like Solana, Blast, Base as they know that it is way more profitable in this coins due to the hype. I am personally into it as well but so far haven't had a decent profit yet because I am on a trial and error phase so hopefully I'll get what my goal is.

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Re: Do you still believe in old coins?
« Reply #282 on: April 16, 2024, 11:59:26 PM »
New coins are more risky so before investment it was necessary for you to check about the nature of that coin and I also don't recommend to put money into just old coins because old coins are also not all worthy.
It is true, new altcoins are riskier nowadays. If we have no good ability in analyzing the new altcoins, it is better to choose top altcoins. Sure, the top altcoins are mostly old coins which have been proven for many years. I think it is the only way to have safe investment in crypto. It is not easy to analyze new coins today, there are too many shitcoins. The shitcoins just risk our money very much, they don't deserve to be our assets.

« Last Edit: April 17, 2024, 12:01:27 AM by debra »
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Re: Do you still believe in old coins?
« Reply #283 on: April 17, 2024, 10:02:35 AM »

All investment, I mean cryptocurrency investment are all risk factored investment and of course people needs to take risk to make their investment, it could be that whatever amount that they are using to invest is the amount they can afford to lose hence making them to venture into new coins would fetched them money. Old coin or reputable coin are for long term holding but most of them doesn't give do well again after making their ATH. Coin like LTC, EOS, NEO and some other coins.
All investments are risky, both old and new coins, but new coins are higher risk than new coins. This is what makes us have to be careful when investing in new coins, because there are many scams there. The reputation of the team is also unclear.
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Re: Do you still believe in old coins?
« Reply #284 on: April 17, 2024, 10:24:44 AM »

All investment, I mean cryptocurrency investment are all risk factored investment and of course people needs to take risk to make their investment, it could be that whatever amount that they are using to invest is the amount they can afford to lose hence making them to venture into new coins would fetched them money. Old coin or reputable coin are for long term holding but most of them doesn't give do well again after making their ATH. Coin like LTC, EOS, NEO and some other coins.
All investments are risky, both old and new coins, but new coins are higher risk than new coins. This is what makes us have to be careful when investing in new coins, because there are many scams there. The reputation of the team is also unclear.
I think cryptocurrency industry is a place for the smart people and is also best known to people who can utilized every single opportunity that comes across their ways. That is to say, knowing when to invest, knowing when to take profits and knowing when to hold; this could be for long term or for short term. The main point is not getting scammed by anyone it could be project team or from fellow investors. Just like those coin I mentioned above most people already sold out meaning people holding them is like having empty coin, the smart people has already taken their profits.

 

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