Do you still believe in old coins?

[armanda90]

Agreed, there is no alternative to Bitcoin for long term investment. But since everyone's financial situation is not equal, not everyone can be profitable in Bitcoin if they don't have enough money as per their expectations. And for this reason, investors pay special attention to altcoins. They think that it will be profitable for them to invest in a potential coin for a short period of time if they get multiple returns. For such investors I would advise them to hold Ether. Although it is suitable for long term investment. Some can also invest in XRP at this point if they want.

Small capital for trading in cryptocurrency seems can't get consistency earn profit by trading in bitcoin exactly for trader as short term or daily day taking profit. I think present of altcoin help us exactly for us with small fund for trading and easily take profit with altcoin for daily day trading or long term trading have potential profitable earn.
But for XRP seems small opportunity earn much profit in the future after price keep stable and difficult break to higher price, many holder of XRP seems disappointed with long term holding but price of XRP still down and not easy break out above $1 until right now since success break out new ATH last several years go above $3.

[dekafee79]

Agreed, there is no alternative to Bitcoin for long term investment. But since everyone's financial situation is not equal, not everyone can be profitable in Bitcoin if they don't have enough money as per their expectations. And for this reason, investors pay special attention to altcoins. They think that it will be profitable for them to invest in a potential coin for a short period of time if they get multiple returns. For such investors I would advise them to hold Ether. Although it is suitable for long term investment. Some can also invest in XRP at this point if they want.

Small capital for trading in cryptocurrency seems can't get consistency earn profit by trading in bitcoin exactly for trader as short term or daily day taking profit. I think present of altcoin help us exactly for us with small fund for trading and easily take profit with altcoin for daily day trading or long term trading have potential profitable earn.
But for XRP seems small opportunity earn much profit in the future after price keep stable and difficult break to higher price, many holder of XRP seems disappointed with long term holding but price of XRP still down and not easy break out above $1 until right now since success break out new ATH last several years go above $3.

For short-term or daily trading I prefer altcoin, I only use bitcoin for long-term trading. I choose matic, solana, BNB and TON for now. I think XRP is also good if we know and understand the character of this coin, although some investors think XRP is not showing good performance but this week I got profit from XRP. So I think XRP is also quite potential.

[Dr.Bitcoin_Strange]

link[/glow]=topic=228826.msg1593376#msg1593376 date=1721850114]

Bitcoin is undoubtedly the best coin to HODL for the long-term, it's has proven to have stood the test of time and have been tested and trusted. That's why people who consider Bitcoin for its long-term trajectory and potentials and are not swayed or distracted by the short-term fluctuations are mostly often in profits, while the result may be different for different people, at least we can boldly say that majority are in profit, except of course they try something silly along the line.

Shitcoins or altcoins on the other hand are mostly considered for their short-term potentials, they really do not mostly have long-term potentials, and the odds of knowing which has long-term potentials are pretty slim, so this type of investment are mostly profitable to the early investors who manage to take out their profits before the project is dumped, because further delay could result to unimaginable losses.

Agree with you, Bitcoin is the best coin in the market, aside being the first ever coin created by Satoshi Nakamoto, it has gained quite a good reputation for itself, and that is why people gets interested in cryptocurrency in the first place. The most fascinating part it that, Bitcoin is still profitable even till today, so we have both reputation and assurance of profit especially on long term were you'll stay relaxed and see the value of your coin grow over the years. Comparatively some  altcoins have also built quite a good reputation for themselves and can be good for long term investment but majority are not doing well and could end up becoming a shitcoin.

Indeed, while what you've said is all true, it's such a shame that many investors who come into the crypto space allow their eyes to be blinded by the these shitcoins and their promises of instant profitability, due to misinformation, ignorance, impatient and sometimes greedy, they often neglect the potential risks associated with shitcoins, maybe due to FOMO, investors' sentiments and market hype, they go for these projects without first doing their due deligence and obtaining the necessary knowledge and information concerning the project.
Due to the reason of seeking after quick profits, many investors fail to see the security and profitability that Bitcoin has to offer to its investors, because many people who come into the crypto space, though theybknow about Bitcoin but believes that Bitcoin is too expensive to afford or invest in now, so they feel going for much lower prices coins would be a lot more viable option and would provide more positive results for them.

[PX-Z]

...it's such a shame that many investors who come into the crypto space allow their eyes to be blinded by the these shitcoins and their promises of instant profitability...

9 out of 10 new tokens are shitcoins and just promises, sometimes its 10/10 lol. While its true that you will get huge profit in new tokens but its more on luck and probability that the company behind will work whats on its roadmaps but almost all of them are just shitty and waste of time. So what people usually do is try and try until they get hit a token that has huge community based that only work on temporary hype.

[Pastaral]

I don't have personal beliefs.However, I can give information about these old coins.However, many people still value old coins for their historical significance, rarity, and potential investment value.Old coins can be quite valuable both historically and financially.For this reason many people still believe in old coins and are optimistic that they will do well on investment.

[famososMuertos]

...//::9 out of 10 new tokens are shitcoins and just promises, sometimes its 10/10 lol. While its true that you will get huge profit in new tokens but its more on luck and probability that the company behind will work whats on its roadmaps but almost all of them are just shitty and waste of time. So what people usually do is try and try until they get hit a token that has huge community based that only work on temporary hype.

I think the Topic is related to the "old coins"(1), in any case the term "believe" is subjective, because in my case it is about use, payments, etc. for any Alts.

So, hence not believing in individuality does not mean that these "old currencies" do not work, at least in the popular ones, just look at the huge figures ($$) that these Atls manage or capitalize.

^{(1)"Old coins" have a Fiat connotation, something of collectors.}

[Dr.Bitcoin_Strange]

...it's such a shame that many investors who come into the crypto space allow their eyes to be blinded by the these shitcoins and their promises of instant profitability...

9 out of 10 new tokens are shitcoins and just promises, sometimes its 10/10 lol. While its true that you will get huge profit in new tokens but its more on luck and probability that the company behind will work whats on its roadmaps but almost all of them are just shitty and waste of time. So what people usually do is try and try until they get hit a token that has huge community based that only work on temporary hype.

Shitcoins investment is more of a gambling than an actual investment, and I really don't see or acknowledge people who choose to role with the shitcoins as actual investors but gamblers. While some of these gamblers are fully aware of the risks involved in shitcoin investments and go in with full understanding about the market and what they're doing there, it's quite unfortunate that some of these people are still ignorant of the fact that the market is more of a gamble than investing. They look at the roadmap and the project's objectives and promises of high return and they're swet off by it and end up putting all their money without investigating and acquiring information from other sources.

And even those who are aware of the risks associated with the market are not even safe at all, this is because you don't know exactly when the Devs of the project intend to dump the project, because if you're unable to predict and pull out your funds before the dump, then that's a bigger loss for you.

[Makus]

Due to the reason of seeking after quick profits, many investors fail to see the security and profitability that Bitcoin has to offer to its investors, because many people who come into the crypto space, though theybknow about Bitcoin but believes that Bitcoin is too expensive to afford or invest in now, so they feel going for much lower prices coins would be a lot more viable option and would provide more positive results for them.

Who said they need buy a whole Bitcoin before they can profits from the market, its funny how most persons think, with simple calculations one can understand that crypto rise by percentage and your Invested fund multiplied by the percentage increament or decrease  will determine the outcome of your investment. So even with your Satoshi, you can still make good profit from the market.  From January till date, bitcoin has had over %100 increment, and irrespective of your investment size you should be experiencing a x2 of your investment.

[Jamal Aezaz]

I don't have personal beliefs.However, I can give information about these old coins.However, many people still value old coins for their historical significance, rarity, and potential investment value.Old coins can be quite valuable both historically and financially.For this reason many people still believe in old coins and are optimistic that they will do well on investment.

Most of the people trust old coins because they have already made huge profit through investment but the reason behind their success is not only the old coins but their knowledge also plays a good role in the success of earning from old coins as selection is also not an easy task.

Actually many people have lost huge amounts of money through investment in new coins so their belief remains lower in new coins therefore they often choose old coins as they already have gained the trust of investors but still it's a choice of people some will like new coins for quick profit while others will trust old coins with marked profit.

[dekafee79]

I don't have personal beliefs.However, I can give information about these old coins.However, many people still value old coins for their historical significance, rarity, and potential investment value.Old coins can be quite valuable both historically and financially.For this reason many people still believe in old coins and are optimistic that they will do well on investment.

Most of the people trust old coins because they have already made huge profit through investment but the reason behind their success is not only the old coins but their knowledge also plays a good role in the success of earning from old coins as selection is also not an easy task.

Actually many people have lost huge amounts of money through investment in new coins so their belief remains lower in new coins therefore they often choose old coins as they already have gained the trust of investors but still it's a choice of people some will like new coins for quick profit while others will trust old coins with marked profit.

Knowledge is a very important thing in investing because with knowledge and experience they will gain profits. The reason why they have more confidence in old coins is because fundamentally and the popularity of old coins is stronger and this is what makes investors still have high confidence in old coins.

[Sim_card]

link[/glow]=topic=228826.msg1593376#msg1593376 date=1721850114]

Bitcoin is undoubtedly the best coin to HODL for the long-term, it's has proven to have stood the test of time and have been tested and trusted. That's why people who consider Bitcoin for its long-term trajectory and potentials and are not swayed or distracted by the short-term fluctuations are mostly often in profits, while the result may be different for different people, at least we can boldly say that majority are in profit, except of course they try something silly along the line.

Shitcoins or altcoins on the other hand are mostly considered for their short-term potentials, they really do not mostly have long-term potentials, and the odds of knowing which has long-term potentials are pretty slim, so this type of investment are mostly profitable to the early investors who manage to take out their profits before the project is dumped, because further delay could result to unimaginable losses.

Agree with you, Bitcoin is the best coin in the market, aside being the first ever coin created by Satoshi Nakamoto, it has gained quite a good reputation for itself, and that is why people gets interested in cryptocurrency in the first place. The most fascinating part it that, Bitcoin is still profitable even till today, so we have both reputation and assurance of profit especially on long term were you'll stay relaxed and see the value of your coin grow over the years. Comparatively some  altcoins have also built quite a good reputation for themselves and can be good for long term investment but majority are not doing well and could end up becoming a shitcoin.

Indeed, while what you've said is all true, it's such a shame that many investors who come into the crypto space allow their eyes to be blinded by the these shitcoins and their promises of instant profitability, due to misinformation, ignorance, impatient and sometimes greedy, they often neglect the potential risks associated with shitcoins, maybe due to FOMO, investors' sentiments and market hype, they go for these projects without first doing their due deligence and obtaining the necessary knowledge and information concerning the project.
Due to the reason of seeking after quick profits, many investors fail to see the security and profitability that Bitcoin has to offer to its investors, because many people who come into the crypto space, though theybknow about Bitcoin but believes that Bitcoin is too expensive to afford or invest in now, so they feel going for much lower prices coins would be a lot more viable option and would provide more positive results for them.

The fact is that, it is hard for anyone to know a coin that is less shitty because it is very complex like trading and difficult to know. This is why I think that these altcoins are just like gambling because some investors know that it can burn them but because it is cheap and they feel that they are smart to outsmart the market they will decide to gamble with their money on shitcoins. I will not try that because gambling should not be done when you intend to invest and make profit since gambling is for entertainment. Bitcoin might be expensive but it has the potential to increase your wealth in future and worth putting extra value into.

[debra]

For short-term or daily trading I prefer altcoin, I only use bitcoin for long-term trading. I choose matic, solana, BNB and TON for now. I think XRP is also good if we know and understand the character of this coin, although some investors think XRP is not showing good performance but this week I got profit from XRP. So I think XRP is also quite potential.

Yes I can agree if it is better to choose altcoins for a short term goal (ex: daytrading). We choose altcoins because they have higher volatility, they can increase more significantly in a short time. Solana and TON are the best choices, I think. These coins easily increase recently because there are many good news around these altcoins. For XRP, I think we must be careful, just analyze what the update news around this altcoin.

[Dr.Bitcoin_Strange]

The fact is that, it is hard for anyone to know a coin that is less shitty because it is very complex like trading and difficult to know. This is why I think that these altcoins are just like gambling because some investors know that it can burn them but because it is cheap and they feel that they are smart to outsmart the market they will decide to gamble with their money on shitcoins. I will not try that because gambling should not be done when you intend to invest and make profit since gambling is for entertainment. Bitcoin might be expensive but it has the potential to increase your wealth in future and worth putting extra value into.

Come on, let’s be honest, the crypto market is raw wilderness and it is not easy at all to identify which of the alts is even worth your time and cash. You know what I mean, there are millions of them now and all claim to be the best and end up just being a pile of crap. It is like placing a bet in the wheel of chance where people throw their monies in cheap coins to be lucky to multiply their cash. However, the important thing to understand here is that investing is not a reckless gamble and it is a way to manage and plan for the improvement of your capital. And frankly speaking, majority of these altcoins are simply not worth it. They are similar to penny stocks but more dangerous and volatile than them. That is why I do not deviate from Bitcoin despite the fact that it is relatively expensive. At least it grows in value over time and it’s not just some new thing that just started to pop up. Actually ,it may not be flawless, but it is literally the one chance we have in this ‘mad’ world of crypto

[Makus]

The fact is that, it is hard for anyone to know a coin that is less shitty because it is very complex like trading and difficult to know. This is why I think that these altcoins are just like gambling because some investors know that it can burn them but because it is cheap and they feel that they are smart to outsmart the market they will decide to gamble with their money on shitcoins. I will not try that because gambling should not be done when you intend to invest and make profit since gambling is for entertainment. Bitcoin might be expensive but it has the potential to increase your wealth in future and worth putting extra value into.

To actually prove that this could be another form of gambling, even with research and studying one can still fall into the tricks of a shitcoins.  Experts of today still encounter loses, not because they didn't make a good research but because the market can be unpredictable sometimes. It is a general knowledge that we are told to not invest too much on newly launched projects irrespective of the return that it may provide if everything goes well. There are several scam project that researches can't fish out, and that is why we have Experts still falling for coins like that. No matter how profiting trading can be, it still feels more like gambling.

[pieppiep]

The fact is that, it is hard for anyone to know a coin that is less shitty because it is very complex like trading and difficult to know. This is why I think that these altcoins are just like gambling because some investors know that it can burn them but because it is cheap and they feel that they are smart to outsmart the market they will decide to gamble with their money on shitcoins. I will not try that because gambling should not be done when you intend to invest and make profit since gambling is for entertainment. Bitcoin might be expensive but it has the potential to increase your wealth in future and worth putting extra value into.

Come on, let’s be honest, the crypto market is raw wilderness and it is not easy at all to identify which of the alts is even worth your time and cash. You know what I mean, there are millions of them now and all claim to be the best and end up just being a pile of crap. It is like placing a bet in the wheel of chance where people throw their monies in cheap coins to be lucky to multiply their cash. However, the important thing to understand here is that investing is not a reckless gamble and it is a way to manage and plan for the improvement of your capital. And frankly speaking, majority of these altcoins are simply not worth it. They are similar to penny stocks but more dangerous and volatile than them. That is why I do not deviate from Bitcoin despite the fact that it is relatively expensive. At least it grows in value over time and it’s not just some new thing that just started to pop up. Actually ,it may not be flawless, but it is literally the one chance we have in this ‘mad’ world of crypto

If we talk about Altcoin of course no one can predict its price movement, We don't even know how long this Altcoin will last, As long as the whales can still control the price movement of Altcoin in the market then they will continue to try to raise and lower the price as they please. Bitcoin has a very fundamental difference, Bitcoin has a limited supply so this is what makes the price of Bitcoin always increase and it is difficult to knock down the price of Bitcoin.