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Author Topic: Old coin or new coin which will be better? 2024  (Read 5268 times)

Offline KingsDen

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Re: Old coin or new coin which will be better? 2024
« Reply #135 on: April 24, 2024, 03:54:48 PM »
If we want to invest in the long term, old or new coins do not matter.  The conditions are that the coin must have a clear product, a large community and ecosystem. 
Because with this I think it is safer compared to coins that do not have a large ecosystem and support from the community.
If we talk about longevity of a project, it should do with projects that have been in existence before now (old coins). If a coin is launched newly or this year, we will by no means know how long the project will last. It is only a project that has survived one cycle that we will count as a long term project.

However, if we want to trade in the short term, maybe we can take advantage of the coins that are currently hyped.  Buy and take advantage and leave.
Here, you are indirectly talking about the new coins. Maybe the new meme coins which are currently being hyped.
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Re: Old coin or new coin which will be better? 2024
« Reply #135 on: April 24, 2024, 03:54:48 PM »

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Offline rizqillah

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Re: Old coin or new coin which will be better? 2024
« Reply #136 on: April 25, 2024, 02:53:49 PM »
But in my opinion, in the long term, it would be better to invest in old coins that have been proven to be able to survive when the market crashes, because if new coins have not been proven to be able to survive then that is more risky too.

But that doesn't mean it's not allowed, but I'm just suggesting. It depends on our choice, if the results of our analysis say that the coin is worth investing in, then it doesn't matter whether it is new or old, as long as we are ready to take the risk.
Before making our choice whether to invest in old coins or new coins, we really have to do an analysis first, at least if we are unable to analyze then we do it or look at the history of the coin, good or bad if we invest in it. It's not easy to make a choice, but if we have experience it will make it easier for us to make a choice.
Experience will indeed be very valuable when we carry out analysis so that we can then make a decision, whether we will invest in that coin or not. Experience has its own space for us, because there are other things that help us in analyzing.

Not everyone has that advantage (experience), because experience requires a very long process and we get it not only in one or two months, one or two years, but more than that.
Experience is very important in the world of investment, especially in the crypto world where it is difficult for us to carry out analysis and research on projects. We also don't know who their team is, except for projects that have reputable teams. So with experience too, we can know when to enter and sell
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Re: Old coin or new coin which will be better? 2024
« Reply #137 on: April 25, 2024, 04:36:07 PM »
However, if we want to trade in the short term, maybe we can take advantage of the coins that are currently hyped.  Buy and take advantage and leave.
Here, you are indirectly talking about the new coins. Maybe the new meme coins which are currently being hyped.
Yes, that's right, I said that if we want to trade in the short term then we can choose coins that are currently hyped. 
And this is true, nowadays there are lots of meme coins that can make us rich quickly if we are lucky.  But if we want to buy meme coins, we have to be really careful.

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Re: Old coin or new coin which will be better? 2024
« Reply #138 on: April 25, 2024, 05:27:45 PM »
Experience will indeed be very valuable when we carry out analysis so that we can then make a decision, whether we will invest in that coin or not. Experience has its own space for us, because there are other things that help us in analyzing.

Not everyone has that advantage (experience), because experience requires a very long process and we get it not only in one or two months, one or two years, but more than that.
Experience is very important in the world of investment, especially in the crypto world where it is difficult for us to carry out analysis and research on projects. We also don't know who their team is, except for projects that have reputable teams. So with experience too, we can know when to enter and sell
So, with experience, we can compare with previous projects that ended in failure or achieved great success. and usually there are other things that we can see, such as the partners of a project and so on, that can be part of what we will analyze.

We cannot underestimate experience, because with experience and continuing to learn we can be here until now and with the benefits that we can feel too.

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Re: Old coin or new coin which will be better? 2024
« Reply #139 on: April 25, 2024, 05:37:14 PM »
Yes, that's right, I said that if we want to trade in the short term then we can choose coins that are currently hyped. 
And this is true, nowadays there are lots of meme coins that can make us rich quickly if we are lucky.  But if we want to buy meme coins, we have to be really careful.

If you want to buy a hype coin, then you need to be very very careful, reason is that you don't know how long the hype is going to last and you don't know when the hype is going to even continue to bring more people. By the time the hype is done with and the coin doesn't have any fundamentals, you will run into loss and they will be difficult to make some hype again.

I just think that if you want to make money, meme coins shouldn't be what you should be your priority, just put small amount that you can afford to lose and then leave it until it become profitable and then sell them.
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Offline Vx1

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Re: Old coin or new coin which will be better? 2024
« Reply #140 on: April 25, 2024, 05:44:14 PM »
Yes, that's right, I said that if we want to trade in the short term then we can choose coins that are currently hyped. 
And this is true, nowadays there are lots of meme coins that can make us rich quickly if we are lucky.  But if we want to buy meme coins, we have to be really careful.

If you want to buy a hype coin, then you need to be very very careful, reason is that you don't know how long the hype is going to last and you don't know when the hype is going to even continue to bring more people. By the time the hype is done with and the coin doesn't have any fundamentals, you will run into loss and they will be difficult to make some hype again.

I just think that if you want to make money, meme coins shouldn't be what you should be your priority, just put small amount that you can afford to lose and then leave it until it become profitable and then sell them.
This is also true, that's why I said above that if we want to buy a coin that is currently hyped then we have to sell it as soon as we make a profit. Sell then leave and look for a new one, this is indeed difficult and not easy to do.  But if we get used to it, I'm sure we can get benefits here.

Offline Litzki1990

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Re: Old coin or new coin which will be better? 2024
« Reply #141 on: April 25, 2024, 05:48:53 PM »
If we want to invest in the long term, old or new coins do not matter.  The conditions are that the coin must have a clear product, a large community and ecosystem. 
Because with this I think it is safer compared to coins that do not have a large ecosystem and support from the community. 
However, if we want to trade in the short term, maybe we can take advantage of the coins that are currently hyped.  Buy and take advantage and leave.
As you said old coin or new coin it doesn't matter the matter is to invest in right coin. But the question here is how much you trust the new coins where you have the option of the old trusted coins in the market. So we constantly see that new coins are coming in the market and investors are investing in those coins but later these coins are cheating the investors. After hearing such news constantly, we definitely don't want to invest in all these new coins. But apart from all these new coins there are various ALT coins to invest in which have been in the market for a long time and which are quite reliable. In terms of investment, I will definitely give first priority to old and reliable coins in the market, then if I find a new coin to be the right coin, I will think about investing again.

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Re: Old coin or new coin which will be better? 2024
« Reply #141 on: April 25, 2024, 05:48:53 PM »


Offline Vx1

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Re: Old coin or new coin which will be better? 2024
« Reply #142 on: April 25, 2024, 05:54:42 PM »
If we want to invest in the long term, old or new coins do not matter.  The conditions are that the coin must have a clear product, a large community and ecosystem. 
Because with this I think it is safer compared to coins that do not have a large ecosystem and support from the community. 
However, if we want to trade in the short term, maybe we can take advantage of the coins that are currently hyped.  Buy and take advantage and leave.
As you said old coin or new coin it doesn't matter the matter is to invest in right coin. But the question here is how much you trust the new coins where you have the option of the old trusted coins in the market. So we constantly see that new coins are coming in the market and investors are investing in those coins but later these coins are cheating the investors. After hearing such news constantly, we definitely don't want to invest in all these new coins. But apart from all these new coins there are various ALT coins to invest in which have been in the market for a long time and which are quite reliable. In terms of investment, I will definitely give first priority to old and reliable coins in the market, then if I find a new coin to be the right coin, I will think about investing again.
Investing in Cryptocurrency can sometimes make us frustrated, sometimes even stressed, in one day we can lose assets if we invest incorrectly.  Indeed, if we want to be safe, investing in old coins may be safer than investing in new coins. 
However, at least once in a lifetime we can experiment with investing in new coins, even though this carries a higher risk.

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Re: Old coin or new coin which will be better? 2024
« Reply #143 on: April 25, 2024, 10:49:23 PM »
Exactly, the market condition reaches full throttle in terms of the percentage of trading per day, trading is fast, services are easier and order costs and limits are reduced. I would just choose an older coin, it circulates more and somehow there are constant customers who will not give up, but the number of users in that sense will increase. Investments if they exist on those sites are a great solution.

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Re: Old coin or new coin which will be better? 2024
« Reply #144 on: April 27, 2024, 04:13:29 PM »

Investing in Cryptocurrency can sometimes make us frustrated, sometimes even stressed, in one day we can lose assets if we invest incorrectly.  Indeed, if we want to be safe, investing in old coins may be safer than investing in new coins. 
However, at least once in a lifetime we can experiment with investing in new coins, even though this carries a higher risk.
New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss
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Re: Old coin or new coin which will be better? 2024
« Reply #145 on: April 27, 2024, 08:43:30 PM »
New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss

Every new coin does not rely on hype and some of them have strong fundamentals so they will give you huge success if held accurately. People often choose new coins due to quick profit but I think one should not focus on quick profit but they should choose beneficial coins as most of the people don't know when to sell and when to buy when new coins rely on hype.

There are many old and profitable coins but people desire to choose hyped coins and only experts can get advantage out of it while newbies lose their money due to their greed so prefer steady success instead of quick loss.
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Offline rizqillah

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Re: Old coin or new coin which will be better? 2024
« Reply #146 on: April 28, 2024, 02:26:35 PM »
New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss

Every new coin does not rely on hype and some of them have strong fundamentals so they will give you huge success if held accurately. People often choose new coins due to quick profit but I think one should not focus on quick profit but they should choose beneficial coins as most of the people don't know when to sell and when to buy when new coins rely on hype.

There are many old and profitable coins but people desire to choose hyped coins and only experts can get advantage out of it while newbies lose their money due to their greed so prefer steady success instead of quick loss.
I agree with you, we should not buy new coins because of the hype, but because of their usefulness to users and what benefits they can provide in the next few years. It's true that not all new coins always rely on hype, but that's almost the majority. Even though some have good fundamentals.
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