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Author Topic: Do you still believe in old coins?  (Read 27861 times)

Offline koang

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Re: Do you still believe in old coins?
« Reply #375 on: May 21, 2024, 05:50:26 PM »
The old coins are not becoming very popular in the current market because all the other new coin markets are increasing in price but the old coins are not able to correct the price in the market.  As a result investors are losing confidence in old coins day by day and are interested in investing in new coins.  By doing this the old coins are eating down from the market over time and the new coins are occupying the place of the old coins.  If this continues, new coins will replace the old coins in the market, day by day investors will withdraw their investment from the old coins.

Are you sure? 
Most coins in the top 10 in the market cap are old coins, even Ethereum and BNB are ranked 2nd and 4th.
Old coins that are consistent in their project and ecosystem development will continue to get attention from the crypto community.
After all, what's the point of prices rising many times but we can't realize profits because there is no liquidity?
Old coins have liquidity, so we can buy and sell easily without drastically affecting the price, and sufficient liquidity is an indication of a healthy market.

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Re: Do you still believe in old coins?
« Reply #375 on: May 21, 2024, 05:50:26 PM »

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Offline Jamal Aezaz

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Re: Do you still believe in old coins?
« Reply #376 on: May 21, 2024, 07:07:27 PM »
If you want to achieve success with big profits, whether new coins or old coins, buy at the right time and sell at the highest time. This is very difficult, because we cannot predict when it will happen? We can only buy when it is bearish and sell it during the bullish season.

Some people don't know about the bear and bull season and it's true because with little bit changes we cannot describe the market condition as a bear or bull condition therefore try to investigate the past and current price and if you find that now it is a suitable price for buying then buy it but remember that your buying price should always be lower than your selling price.

This strategy is only profitable in the case of top coins because some new coins originate with huge prices but with the passage of time they are decreasing but this does not show that after such decrease they will again pump because most of such type of coin disappears with declining in price.
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Offline milewilda

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Re: Do you still believe in old coins?
« Reply #377 on: May 21, 2024, 09:34:33 PM »
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.
Old is gold it is true for this market i strongly believe it. We saw many new coin are coming and scamming and exit from cryptocurrency market within short time. On the otherhand old coin is trusted because old coin survive in this market face and overcome many stragle.
So i think odl coin is best. And i also hold some Old coin. And i will hold it till bull session.
We would be still welcoming those new coins which have new tech and features but of course those old coins or projects wont really be letting themselves getting left behind as we have seen that some of them are still continuing to develop or making out some updates. If it does work then why would be needing to be replaced? This is something a very common principle.
It is really just that people do love on engaging on new things on which we cant blame them off. They've been thinking that the market will flow through continously which its normal
but priorities will really be something that can be seen.
Obviously welcome for new coin. And all new coin are not bed. Some new coin are being established and some new coin's are getting lost. Acctually i want to say old coin Older coins are already ttrusted. But new coin need some tome to understand. So i preferred for old coin. And i also like old coin personally.
All matters with the survival because not every coin in the market which had been launched would definitely be able to make themselves that going into the top. Some do succeed but most of them would definitely die. This is why on the moment that you would really be finding yourself having that aim on earning multiple folds of your investment then this is likely you would consider out on having that investment with those new ones because the market cap is really just that less just like on what i have said, but there would really be those people who would really be sticking
into those old coins and trust them up even more on which we cant blame out someone on having that approach.

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Re: Do you still believe in old coins?
« Reply #378 on: May 21, 2024, 10:20:15 PM »
Some people don't know about the bear and bull season and it's true because with little bit changes we cannot describe the market condition as a bear or bull condition therefore try to investigate the past and current price and if you find that now it is a suitable price for buying then buy it but remember that your buying price should always be lower than your selling price.

I think the general rational with bull run is that new people mostly join the market when they see that all the coins are pumping here and there, so it's obvious for anyone to know when the time is right, by the time the market don't pump again, the smart ones will know that the time for taking profit is near, only the gullible ones will continue to buy at the top.

Quote
This strategy is only profitable in the case of top coins because some new coins originate with huge prices but with the passage of time they are decreasing but this does not show that after such decrease they will again pump because most of such type of coin disappears with declining in price.

Buykng old coin will do no harm but I wouldn't advice anyone to buy it during the bull run, you can only see the lapses about the coin when it's down completely, when everyone has taking their eyes from the project, that's when you will know if it's okay to buy or not and get them cheaper and sell before the previous all time high.
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Offline Captain Corporate

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Re: Do you still believe in old coins?
« Reply #379 on: May 21, 2024, 11:15:44 PM »
On contrary, believing in the new projects is the thing that makes me question everyone to be fair. I am not saying that we are not going to get any new good projects, of course that happens time to time and its fairly rare, but I believe that we should reconsider this situation, its not going to be all that easy. We are going to end up with a result that's not going to be all that complicated when we compare how many new projects succeed. Most of them do not even do that well, and we end up with just getting terrible results, whereas old and successful ones just end up getting better and better.

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Re: Do you still believe in old coins?
« Reply #380 on: May 23, 2024, 02:01:47 PM »
On contrary, believing in the new projects is the thing that makes me question everyone to be fair. I am not saying that we are not going to get any new good projects, of course that happens time to time and its fairly rare, but I believe that we should reconsider this situation, its not going to be all that easy. We are going to end up with a result that's not going to be all that complicated when we compare how many new projects succeed. Most of them do not even do that well, and we end up with just getting terrible results, whereas old and successful ones just end up getting better and better.

a lot of new projects stink, it's true. but the risk of investing in a new project is higher than in an old project, because of this many people don't dare to take that risk. I am also one of the people who is more comfortable investing in old projects.

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Re: Do you still believe in old coins?
« Reply #381 on: May 23, 2024, 09:44:02 PM »
On contrary, believing in the new projects is the thing that makes me question everyone to be fair. I am not saying that we are not going to get any new good projects, of course that happens time to time and its fairly rare, but I believe that we should reconsider this situation, its not going to be all that easy. We are going to end up with a result that's not going to be all that complicated when we compare how many new projects succeed. Most of them do not even do that well, and we end up with just getting terrible results, whereas old and successful ones just end up getting better and better.

Navigating the cryptocurrency landscape can be confusing, and the plethora of scams further confuses potential investors. Identifying cryptocurrencies other than the top altcoins, such as Ethereum, can be challenging. However, using multiple sources to vet cryptocurrencies is the most effective method for identifying new cryptocurrencies worthy of investment.
So this is not a matter of old coins or new coins but a matter of how to find cryptocurrency that is worthy of investment. IMO

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Re: Do you still believe in old coins?
« Reply #381 on: May 23, 2024, 09:44:02 PM »


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Re: Do you still believe in old coins?
« Reply #382 on: May 23, 2024, 11:45:51 PM »
a lot of new projects stink, it's true. but the risk of investing in a new project is higher than in an old project, because of this many people don't dare to take that risk. I am also one of the people who is more comfortable investing in old projects.
Yes. New projects mostly did 'hit and run', they will disappear when they have enough money from investors. It is the fact that the new projects are riskier than old projects. I also prefer to invest in old projects because they more secure for investment. We don't want to risk our money into the random projects. We mustn't know much about the new projects, but we must know well the old projects. So, when we put money on new projects, it is like gambling our money into crypto projects.


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Re: Do you still believe in old coins?
« Reply #383 on: May 24, 2024, 07:44:00 PM »
I think the general rational with bull run is that new people mostly join the market when they see that all the coins are pumping here and there, so it's obvious for anyone to know when the time is right, by the time the market don't pump again, the smart ones will know that the time for taking profit is near, only the gullible ones will continue to buy at the top.

The actual time for buying and entering into the crypto is when the market is down not when the market is exceeded in its worth. Most of the people do a fault that when they see that every coin is pumping then they assume more pump and select higher value coin due to which they have to exceed their patience but if they have chosen the wrong coin then their patience will not make them profitable no matter how long they keep their coins.


Buykng old coin will do no harm but I wouldn't advice anyone to buy it during the bull run, you can only see the lapses about the coin when it's down completely, when everyone has taking their eyes from the project, that's when you will know if it's okay to buy or not and get them cheaper and sell before the previous all time high.

Bull season is not favorable for buying and if someone buys during bull run and has to buy useless coins then he will not get profit according to his expectations and in such situations the investors are totally wrong as he does not know anything but gives for earning money. The old coin starts dumping, it does not mean that they are a scam but it is another opportunity to fill the bag for bull season.
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Offline Vx1

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Re: Do you still believe in old coins?
« Reply #384 on: May 24, 2024, 08:09:25 PM »
Navigating the cryptocurrency landscape can be confusing, and the plethora of scams further confuses potential investors. Identifying cryptocurrencies other than the top altcoins, such as Ethereum, can be challenging. However, using multiple sources to vet cryptocurrencies is the most effective method for identifying new cryptocurrencies worthy of investment.
So this is not a matter of old coins or new coins but a matter of how to find cryptocurrency that is worthy of investment. IMO
You are right, actually there are many old coins that are good and there are also many new coins that also have good potential too. it just depends on our ability to choose, where we will put our money.
Ethereum can be used as the main choice of old coins, but if we want to speculate we can also choose some new coins too.

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Re: Do you still believe in old coins?
« Reply #385 on: May 24, 2024, 09:20:51 PM »
The old coins are not becoming very popular in the current market because all the other new coin markets are increasing in price but the old coins are not able to correct the price in the market.
Old coins have liquidity, so we can buy and sell easily without drastically affecting the price, and sufficient liquidity is an indication of a healthy market.
It's a good point, new coins lack liquidity and most of them even rug pull or make some excuses to fill their own pockets. For example new project Nyan did it, they were to release funds for airdrop hunter before 30 minutes but they did not, and made an excuse that the distribution API was having some technical problems, I think they just made a lame excuse to sell their tokens to make money.

And when they made enough money they gave hunters tokens around 12 to 13 hours later. I think there are more projects like this, I hope you might have heard about Block, they also did the same. But with different technique. There are more but the point is trust have been built on these old tokens, and TBH I am investing most of my funds in old tokens.
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Offline bayu7adi

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Re: Do you still believe in old coins?
« Reply #386 on: May 24, 2024, 09:33:51 PM »
So, when we put money on new projects, it is like gambling our money into crypto projects.
Whether a coin is strong or not should not be related to its age, but for several points, ancient coins that have a clear roadmap and good planning can definitely survive to this day. The older a coin is, the more planning has been done and the better the coin's liquidity.

Progress and process are always an attraction for most investors. As long as it is not too late to own the coin in question, then it is a coin worth buying even though it sounds old-fashioned.

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Re: Do you still believe in old coins?
« Reply #387 on: May 25, 2024, 03:25:44 PM »
So, when we put money on new projects, it is like gambling our money into crypto projects.
Whether a coin is strong or not should not be related to its age, but for several points, ancient coins that have a clear roadmap and good planning can definitely survive to this day. The older a coin is, the more planning has been done and the better the coin's liquidity.

Progress and process are always an attraction for most investors. As long as it is not too late to own the coin in question, then it is a coin worth buying even though it sounds old-fashioned.
There are still many ancient coins that still survive today, and there are also many new coins that are starting to compete with the ancient coins. I consider top coins more, because I don't have much time to do research.

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Re: Do you still believe in old coins?
« Reply #388 on: May 25, 2024, 03:45:25 PM »
          -   Maybe if I have someone to believe that these are old altcoins, Btt, Matic, Doge, and Ltc, these are the ones I see that will act suddenly that most people don't expect that it will rise suddenly, which will surprise the majority of the community here. 

They may be quiet at the moment, but I believe that this is one of the sleeping giants that will suddenly perform in the market and shake the market and make noise for sure. Now, how I said it, I don't know either, but that's what I feel because their market cap in the market up to this present is actually good.

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Re: Do you still believe in old coins?
« Reply #389 on: May 25, 2024, 11:30:41 PM »
There are still many ancient coins that still survive today, and there are also many new coins that are starting to compete with the ancient coins. I consider top coins more, because I don't have much time to do research.
Of course, Bitcoin is one of the old coins that can survive until now.   :D
Sure, many old coins that can survive because they have a big role in crypto industry and they have good fundamentals. Commonly, the old coins that can survive well, they have strong fundamentals and always have development. Ethereum is the example of altcoins, this has been a long time in crypto market. Until now, it always continues to have a big role in crypto world. The project of Ethereum also showed the good progress.


 

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