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Author Topic: Do you still believe in old coins?  (Read 83697 times)

Offline yohananaomi

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Re: Do you still believe in old coins?
« Reply #585 on: August 08, 2024, 04:31:12 AM »
but they forget about the fact that investment without research leads to loss most of the time.
Yes, most newbie investors or the ones who take risks often forget that without any research one can lose his/her investment and when someone invests on those newly launched coins then there's 99% chance that he/she will lose his investment.

I will always prefer Bitcoin as compare to any other newly launched coins. Although, I personally think that Ton can be a good coin for investors but I never suggest anyone to invest in it without research and LTC is better than it in most cases as it's an old and reputed coin.
Yeah you are right people should do a proper research before starting an investment with any coin, but the problem is all those new coins are very difficult to know, since they are knew they have no history and is better to avoid them and like you said there's 99 percent chance that one will lose his or her money so why going into those kind of investment, Bitcoin investment is a peace of mind investment you have no fear of losing your money, I know of someone that died because he had the new coin he bought with all his life savings has dropped in value and that is why I will always tell people to go for old coins such as Bitcoin, before going into Bitcoin you can do some research for yourself and also go through the history of Bitcoin and see for yourself how good Bitcoin investment is.

A lot of people are refusing to invest on Bitcoin because they feel is too late to start accumulating Bitcoin and that the price will not grow but that's not true all you need is to have patience and be consistent in your Bitcoin accumulation journey and you will become successful.
A friend of mine says investing on new coins is the best since it will one day grow and become like Bitcoin, no coin can become like Bitcoin it will always remain the best and the biggest coin in the world.
Investing in any coin must always do, a good analysis, besides of course, with potential coins and being in the best ranking. I agree, if, for new coins, it is indeed difficult for us to find what we can use as a benchmark to be able to choose them. What happens is that many new coins are frauds and must be avoided.
Investment with little risk and very profitable. I agree with you that bitcoin is the choice and no one can deny that and there is no need to doubt that.
I think the rejection of investing in bitcoin, because the price is quite high, and it is difficult to buy in units, besides doing the DCA scheme, then we will be able to achieve it in time.
It is difficult for anyone to replace the existence of bitcoin, whether the current coin or maybe a new coin, because bitcoin has its own special features that are not found in other coins.

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Re: Do you still believe in old coins?
« Reply #585 on: August 08, 2024, 04:31:12 AM »

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Offline doc

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Re: Do you still believe in old coins?
« Reply #586 on: August 08, 2024, 06:23:30 AM »

Investing in any coin must always do, a good analysis, besides of course, with potential coins and being in the best ranking. I agree, if, for new coins, it is indeed difficult for us to find what we can use as a benchmark to be able to choose them. What happens is that many new coins are frauds and must be avoided.
Investment with little risk and very profitable. I agree with you that bitcoin is the choice and no one can deny that and there is no need to doubt that.
I think the rejection of investing in bitcoin, because the price is quite high, and it is difficult to buy in units, besides doing the DCA scheme, then we will be able to achieve it in time.
It is difficult for anyone to replace the existence of bitcoin, whether the current coin or maybe a new coin, because bitcoin has its own special features that are not found in other coins.
I prefer to invest in top coins like bitcoin, ethereum, BNB and Solana. Because I don't have the experience and knowledge to invest in new coins or new projects.
As you said we can have bitcoin gradually because the price is quite high by using the DCA method, I agree with this method.

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Re: Do you still believe in old coins?
« Reply #586 on: August 08, 2024, 06:23:30 AM »

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Offline yohananaomi

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Re: Do you still believe in old coins?
« Reply #587 on: August 08, 2024, 01:38:42 PM »

Investing in any coin must always do, a good analysis, besides of course, with potential coins and being in the best ranking. I agree, if, for new coins, it is indeed difficult for us to find what we can use as a benchmark to be able to choose them. What happens is that many new coins are frauds and must be avoided.
Investment with little risk and very profitable. I agree with you that bitcoin is the choice and no one can deny that and there is no need to doubt that.
I think the rejection of investing in bitcoin, because the price is quite high, and it is difficult to buy in units, besides doing the DCA scheme, then we will be able to achieve it in time.
It is difficult for anyone to replace the existence of bitcoin, whether the current coin or maybe a new coin, because bitcoin has its own special features that are not found in other coins.
I prefer to invest in top coins like bitcoin, ethereum, BNB and Solana. Because I don't have the experience and knowledge to invest in new coins or new projects.
As you said we can have bitcoin gradually because the price is quite high by using the DCA method, I agree with this method.
What you do is the best step that is very reliable, both for beginners and those who are experienced, because choosing a potential coin, as you said, is a reasonable choice to be able to get profit a time.
Investment in new coins for now is still difficult to rely on, because many are not promising and, of course, no one wants their funds to be lost because of that action.
DCA is the best scheme so far to be able to get the coin of choice, namely bitcoin, because the price is quite high and, of course, it must be worked out well.

Offline $crypto$

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Re: Do you still believe in old coins?
« Reply #588 on: August 08, 2024, 02:16:10 PM »

Investing in any coin must always do, a good analysis, besides of course, with potential coins and being in the best ranking. I agree, if, for new coins, it is indeed difficult for us to find what we can use as a benchmark to be able to choose them. What happens is that many new coins are frauds and must be avoided.
Investment with little risk and very profitable. I agree with you that bitcoin is the choice and no one can deny that and there is no need to doubt that.
I think the rejection of investing in bitcoin, because the price is quite high, and it is difficult to buy in units, besides doing the DCA scheme, then we will be able to achieve it in time.
It is difficult for anyone to replace the existence of bitcoin, whether the current coin or maybe a new coin, because bitcoin has its own special features that are not found in other coins.
I prefer to invest in top coins like bitcoin, ethereum, BNB and Solana. Because I don't have the experience and knowledge to invest in new coins or new projects.
As you said we can have bitcoin gradually because the price is quite high by using the DCA method, I agree with this method.
It is better to play it safe than to force ourselves to take risks when we are actually not capable of it. Because investing in new coins has a big risk, and at the same time in front of us there is bitcoin which is clearly more promising.

However, all decisions are in our own hands, because people who invest in new coins must also have their own reasons, unless they don't know anything and only rely on luck, clearly that is not wise at all.

Offline dekafee79

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Re: Do you still believe in old coins?
« Reply #589 on: August 09, 2024, 06:35:58 PM »

It is better to play it safe than to force ourselves to take risks when we are actually not capable of it. Because investing in new coins has a big risk, and at the same time in front of us there is bitcoin which is clearly more promising.

However, all decisions are in our own hands, because people who invest in new coins must also have their own reasons, unless they don't know anything and only rely on luck, clearly that is not wise at all.
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.

Online albon

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Re: Do you still believe in old coins?
« Reply #590 on: August 09, 2024, 08:51:37 PM »

It is better to play it safe than to force ourselves to take risks when we are actually not capable of it. Because investing in new coins has a big risk, and at the same time in front of us there is bitcoin which is clearly more promising.

However, all decisions are in our own hands, because people who invest in new coins must also have their own reasons, unless they don't know anything and only rely on luck, clearly that is not wise at all.
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.
Very good analysis, because investing requires a lot of knowledge, experience, so don't think with your luck here. When you place a bet in gambling there is a competition of luck. So you should always choose the best currency wisely to invest in crypto. Only when you determine your goals and risk tolerance can you decide on an ideal investment. A new project would not be an ideal investment because even after doing a lot of research there could be losses from many project.

Offline Jamal Aezaz

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Re: Do you still believe in old coins?
« Reply #591 on: August 09, 2024, 09:23:07 PM »
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.

Yes just luck cannot make you profitable but you should take a step into the investment field by using your gained knowledge but remember that you cannot get experience if you are not giving value to knowledge first.

Make every important step and then let your luck to help you because if you have learned well, have experience and your portfolio consists of top coins then it is possible that your luck will shine during the bull season.
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Re: Do you still believe in old coins?
« Reply #591 on: August 09, 2024, 09:23:07 PM »


Offline Gurujebs

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Re: Do you still believe in old coins?
« Reply #592 on: August 09, 2024, 09:59:15 PM »
I prefer to invest in top coins like bitcoin, ethereum, BNB and Solana. Because I don't have the experience and knowledge to invest in new coins or new projects.
As you said we can have bitcoin gradually because the price is quite high by using the DCA method, I agree with this method.

When you invest only On Bitcoin, you will have rest of mind on your investment, you will hardly feel panic when the price crash but you can't feel tbe same thing when you invest in altcoins, there ways and behaviors are not the same, the Volatility is not the same, the profit is not the same and so is the loss.

Altcoins tend to give you hope of much profits but the hope comes with high risk of losses that you may or may not grow from again. That's what altcoins makes people to feel when investing and when buying of coins.
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Offline salad daging

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Re: Do you still believe in old coins?
« Reply #593 on: August 09, 2024, 10:09:50 PM »
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.

Yes just luck cannot make you profitable but you should take a step into the investment field by using your gained knowledge but remember that you cannot get experience if you are not giving value to knowledge first.

Make every important step and then let your luck to help you because if you have learned well, have experience and your portfolio consists of top coins then it is possible that your luck will shine during the bull season.
It is not luck but experience that makes us know better which coin to choose to invest in, based on experience you will do research on the coin and that increases your chances of profitability in investing in that coin.

I have experienced where I chose an old coin, which ended up dead or stagnant.
Choosing a new coin is more rugpull even the project does not develop, so I always do research on anything that involves money in the investment made.

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Re: Do you still believe in old coins?
« Reply #594 on: August 09, 2024, 10:14:53 PM »
Haha, before I make a post I would like to mention that if I've already posted my views on this topic which is most likely going to happen but these are some additional words on it, to be honest, I believe in the old coins but not in the old narratives, and you can consider metaverse as the most relevant example for my words, I use to buy the new trends and narratives
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Re: Do you still believe in old coins?
« Reply #595 on: August 09, 2024, 10:21:02 PM »
When you invest only On Bitcoin, you will have rest of mind on your investment, you will hardly feel panic when the price crash but you can't feel tbe same thing when you invest in altcoins, there ways and behaviors are not the same, the Volatility is not the same, the profit is not the same and so is the loss.

Altcoins tend to give you hope of much profits but the hope comes with high risk of losses that you may or may not grow from again. That's what altcoins makes people to feel when investing and when buying of coins.
Investing only in bitcoin safe us for facing panic because easily for bitcoin recovering back to higher price, I remember well last several days ago when bitcoin dumping under $49k and not get difficult return back above $60k without taking around two or three days later. Difference when investing in altcoin make us panic after facing easily dropping to lower price when bitcoin crash but after bitcoin price recovering but altcoin get stuck or difficult return back to the higher price.
Just investing in altcoin give us high return profitable earn although with small capital, difficult earn much profitable with small fund when investing in bitcoin and make many investor most excited for investing in altcoin than bitcoin.

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Re: Do you still believe in old coins?
« Reply #596 on: August 10, 2024, 08:08:45 AM »
When you invest only On Bitcoin, you will have rest of mind on your investment, you will hardly feel panic when the price crash but you can't feel tbe same thing when you invest in altcoins, there ways and behaviors are not the same, the Volatility is not the same, the profit is not the same and so is the loss.

Altcoins tend to give you hope of much profits but the hope comes with high risk of losses that you may or may not grow from again. That's what altcoins makes people to feel when investing and when buying of coins.
Investing only in bitcoin safe us for facing panic because easily for bitcoin recovering back to higher price, I remember well last several days ago when bitcoin dumping under $49k and not get difficult return back above $60k without taking around two or three days later. Difference when investing in altcoin make us panic after facing easily dropping to lower price when bitcoin crash but after bitcoin price recovering but altcoin get stuck or difficult return back to the higher price.
Just investing in altcoin give us high return profitable earn although with small capital, difficult earn much profitable with small fund when investing in bitcoin and make many investor most excited for investing in altcoin than bitcoin.
I do tell my guys that's Bitcoin is the safest when it comes to Cryptocurrency investment, I have no doubt about it or any reason to panic at any price dip due to it's nature which is volatility, I guess not all new investors are aware of that, that's why you'll see them complaining at any slight dip. The value of $49k was a very huge opportunity to accumulate more and those who missed out would no doubt be regretting, I think that should serve as an example to many new investors the dip and upsurge should be an eye opener of how the market operates, especially when I come to Bitcoin and other good Alts that follows it's trend. Well investing in Alts is not a bad idea but instead of investing in old Atls like Tron and it's kind, I'll rather direct my funds to Bitcoin or other investment options outside crypto, when it comes to Alts we should be talking about ETH, BNB, SOL or even meme coins like Doge or Pepe.
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Online Dr.Bitcoin_Strange

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Re: Do you still believe in old coins?
« Reply #597 on: August 10, 2024, 10:53:13 AM »
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.

Yes just luck cannot make you profitable but you should take a step into the investment field by using your gained knowledge but remember that you cannot get experience if you are not giving value to knowledge first.

Make every important step and then let your luck to help you because if you have learned well, have experience and your portfolio consists of top coins then it is possible that your luck will shine during the bull season.
It is not luck but experience that makes us know better which coin to choose to invest in, based on experience you will do research on the coin and that increases your chances of profitability in investing in that coin.

I have experienced where I chose an old coin, which ended up dead or stagnant.
Choosing a new coin is more rugpull even the project does not develop, so I always do research on anything that involves money in the investment made.
Yeah one has to do a good research before going into cryptocurrency investment, however when talking about old coin I always mention Bitcoin because is the only coin I trust very well other old coins such as ethereum, solana are good coins also but if one know about Bitcoin and it's history we will know that Bitcoin is the first crypto coin and the highest when it comes to price, Bitcoin has made a lot of people rich and is still growing and will continue to grow bigger and better, some people believe Bitcoin will not grow more than it now and some believe Bitcoin will start falling at some point.
But all this mindset are not true Bitcoin has not reached half of it's growth and will continue to grow any dip in Bitcoin is just an opportunity for people to accumulate more Bitcoin.
Bitcoin is one coin I believe people should go into.

A lot of new coins are scam, the creators of those coins do it just to gain profit and make money from people, they will create coin and then have the highest number of that particular coin and when they have gotten a lot of people to buy that particular coin and the coin now gain value, those creators with the highest number of coins will then sell off there coin and making the value to fall and those that invested in it loses why them the creators gain and then they move to creating another coin that is why you see a lot of coin. And yes is good to do search before you invest.

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Re: Do you still believe in old coins?
« Reply #598 on: August 10, 2024, 01:40:26 PM »

It is better to play it safe than to force ourselves to take risks when we are actually not capable of it. Because investing in new coins has a big risk, and at the same time in front of us there is bitcoin which is clearly more promising.

However, all decisions are in our own hands, because people who invest in new coins must also have their own reasons, unless they don't know anything and only rely on luck, clearly that is not wise at all.
We can not always rely on luck, because in investment requires knowledge, experience and expertise. Especially if we invest in coins or new projects, it is very risky if we do not have experience in conducting research on coins or new projects.
Therefore, I would rather suggest playing it safe if they do not have the knowledge and still have minimal experience, do not let them get into a situation that they themselves do not know what the situation is like.

There is a lot of potential in trusted coins, we can maximize it well. Although sometimes new projects can provide many times the profit, it is still comparable to the risk. Something that can provide great benefits cannot be without risk.

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Re: Do you still believe in old coins?
« Reply #599 on: August 10, 2024, 02:21:31 PM »
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?

When you look into the crypto space very well you’ll notice that the old coins are the ones that are even performing well in the market. You can’t find any of the new coins in the top 100 cryptocurrencies, and if you even come across any it’ll just be few out of the 100’s of them. I still have much hope on old projects and the new ones are not bad too but saying the old ones will be going to exile is not something I see happening or coming soon. Projects that are already pump and dump can be sighted afar and can be avoided immediately. Pump and dump coins don’t last long in the market and they cannot be amongst the top best performing coins because they won’t even make it there.

 

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