Do you still believe in old coins?

[LogitechMouse]

The oldest coin I've been holding is Bitcoin alone and newer ones are memecoins. I am still hopeful to reach my target to get a whole Bitcoin though I don't have timeframe to really have it but as soon as I have it I'll post it here. It's not that easy to have that challenge knowing that I don't have enough money or weekly Bitcoin income to fill it in but yeah it is the only oldest coin I have for now.

Getting one whole Bitcoin is still possible, but it will depend on this things.
The amount of income that you're getting on a monthly basis, the amount of expenses on a monthly basis, and the amount of money that you're investing.

I guess it's pretty simple. If you're earning $1000/month and you're expenses per month is $500 then you have spare money of $500 and it's up to you now if you will invest all of it or not. If you will invest it all, it will take you at least 10 years (estimating the current price of Bitcoin) to get a whole Bitcoin. Of course that excludes the capital appreciation if you do DCA, but it can be lowered depending on the profits that you're getting.

I'm not quite sure why you prefer holding meme coins instead of other established or old coins out there. I also have a goal of getting a whole Bitcoin, but not my main priority. Profiting off of my investment is my main priority since that's our main goal as an investor.

[Dr.Bitcoin_Strange]

...but holding on to old coins doesn't actually guarantee profits in the long run, there are old coins that are currently at the verge of a crash and obtaining them or holding on to them right now could still be considered being zombie hunted .

Yes it is not all the old coins profitable but it is still good to invest in old coins because they have been in the space for years so there is this mindset that they can do well one day and it will not collapse but the new projects are not like that you will have faith in the them because many came and don't stay long.

That's correct.
Like I said since they've been around for a long time, they have an added advantage of longevity and they are believed to be a lot more solid and safe to buy and HODL, unlike the relatively new ones.
Today it can be really difficult to choose or find a good project to invest in because most of the project that comes into the system are either scam or doesn't have the strength to withstand the trial by fire of the crypto market, some of them end up crashing before you know it, not because the developers intended for it to crash.
And these factors contribute to the the reason why people now feel a lot more comfortable investing in old tokens.

[armanda90]

I am looking for the faster opportunity with short term trading in old altcoin to earn much profit and not believe full for longer time, during the movement of old coins interested and worth for short term trading I will believe but not all old coins have significant movement because many of old coins stuck with difficult raise up.
I see some old coins get difficult moving up and keep stable at lower price, just top standing of CMC with old coins has potential up faster and old coins without good progress seems not interested for investing such as XRP or XLM coins.

[Baofeng]

The oldest coin I've been holding is Bitcoin alone and newer ones are memecoins. I am still hopeful to reach my target to get a whole Bitcoin though I don't have timeframe to really have it but as soon as I have it I'll post it here. It's not that easy to have that challenge knowing that I don't have enough money or weekly Bitcoin income to fill it in but yeah it is the only oldest coin I have for now.

BTC and ETH are special exceptions due to their advantages that no new token can have. BTC is the first crypto, still using POW, has the most decentralized and secure network on the market. ETH is the first ALTS to use smart contracts and lead the development of blockchain technology. I think they always deserve to be in the portfolio, account for a large part of the investment capital and ensure that investors will have profits in the bullrun. We don't need to compare them to new coins because they have their own value and position in crypto market.

Yeah, both are prime movers in crypto market, we have ETH to be the king of altcoin market and everything that was created after was somewhat in the mold of what ETH is right now although it went into several stages and now at PoS.

As compare to Bitcoin who still remain at PoW and it will remain like that. Although there are a lot of challenges, at the end we will see new all time high in this bull run.

So don't forget about this two, or what others have here, majority are into Bitcoin and their portfolio 60% of it or even more.

[MrSpasybo]

Yeah, both are prime movers in crypto market, we have ETH to be the king of altcoin market and everything that was created after was somewhat in the mold of what ETH is right now although it went into several stages and now at PoS.

As compare to Bitcoin who still remain at PoW and it will remain like that. Although there are a lot of challenges, at the end we will see new all time high in this bull run.

So don't forget about this two, or what others have here, majority are into Bitcoin and their portfolio 60% of it or even more.

I don't believe that the majority of investors or members here are allocating the majority of their capital to BTC and ETH. They are focusing on ALTS in hopes that the returns from them will be extremely high in the upcoming altseason. This is both a problem and a feature of this market that causes the majority of investors to lose money and brings huge profits to the remaining minority of investors. The opposite would happen if everyone were holding BTC and ETH, but that is impossible because the market does not create enough money to guarantee profits for the majority.

In general, we only compare new tokens to old tokens that do not include BTC and ETH. Now that the technology and market have matured, we can see the strong growth of many old coins such as SOL, LINK, AVAX, FET... I think we will soon no longer doubt the success of old coins. In other words, the success of a crypto does not depend on its age but only on its solution and capital inflow.

[Litzki1990]

The oldest coin I've been holding is Bitcoin alone and newer ones are memecoins. I am still hopeful to reach my target to get a whole Bitcoin though I don't have timeframe to really have it but as soon as I have it I'll post it here. It's not that easy to have that challenge knowing that I don't have enough money or weekly Bitcoin income to fill it in but yeah it is the only oldest coin I have for now.

Bitcoin is a popular coin and Bitcoin is a trusted coin but apart from bitcoin how much trust do you have in other old coins in the market or how much trust do you have in those coins. I think it is better to rely on the old coins in the market than to rely on the new coins that have come into the market because the old coins have been in the market for a long time. All the new coins that come into the market may disappear from the market at any time but the old coins are already in the market for a long time and the possibility of these coins disappearing from the market is less.