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Author Topic: Do you still believe in old coins?  (Read 83237 times)

Online MrSpasybo

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Re: Do you still believe in old coins?
« Reply #615 on: August 14, 2024, 06:10:06 PM »
Yeah you are right, old coins are the best to invest into in other to have peace of mind, a lot of new coins has destroy and frustrated a lot of people and some of all this new coins are scam and should be avoided, a friend of mine invested into one new coins that came out those days and he used a very huge amount of money to invest into it and the coin started growing so he sold all his coins quick and made good amount of profit before the coin fell in value and price he was luck with that invested and he was very happy so he decided to invest again and he did but he lost all his money into it, what am I saying here investing on new coins is very risky and should be avoided, a lot of people choose to invest in new coins thinking they will make good money from it but reverse is the case, so I will advise newbies to focus on old coins.

A lot of people thinks old coins like Bitcoin won't grow again so they choose to invest in new coins with the believe that they will one day grow and become like Bitcoin, if you need to invest in a coin and have peace of mind I think you should invest into Bitcoin, those investing in new coins are always panicking and thinking about there money, they don't have peace of mind that that's because investing on new coins are very risky, there's high scam rate now in new coins.
Bitcoin has not even reached half of it's growth level so I don't know why some people believe Bitcoin won't grow more than it is now people that were having this believe before are now regretting, so is best will stick to old coins like Bitcoin.
I don't hate old coins, but I think that most old coins have failed or disappeared from the market since I learned about crypto in 2012. Only BTC and ETH continue to exist strongly and achieve new ATHs in new cycles, and they are exceptions due to their special status: BTC is digital gold, while ETH is digital oil.

Compared to most old projects, new projects have more timely, efficient, and practical solutions, and they receive larger capital flows. They also have truly reasonable tokenomics to support long-term development and do not put excessive selling pressure on the token after each unlock. This is why they attract investor attention and have impressive price increases in each bullrun.
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Re: Do you still believe in old coins?
« Reply #615 on: August 14, 2024, 06:10:06 PM »

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Offline debra

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Re: Do you still believe in old coins?
« Reply #616 on: August 14, 2024, 10:21:10 PM »
I don't hate old coins, but I think that most old coins have failed or disappeared from the market since I learned about crypto in 2012. Only BTC and ETH continue to exist strongly and achieve new ATHs in new cycles, and they are exceptions due to their special status: BTC is digital gold, while ETH is digital oil.
Weak old coins must have disappeared. But strong old coins will survive a long time. I don't think only BTC and ETH that can survive until now. TRX, XLM, LTC, WAVE, and there are many other old altcoins to survive a long time. But I can agree that BTC and ETH are the best old altcoins.

Compared to most old projects, new projects have more timely, efficient, and practical solutions, and they receive larger capital flows. They also have truly reasonable tokenomics to support long-term development and do not put excessive selling pressure on the token after each unlock. This is why they attract investor attention and have impressive price increases in each bullrun.
Not every new project can have the good characteristics. There are also many new projects that have no value at all. Those meme coin projects have no clear fundamentals but there are still many people involved in them. If I must compare old projects and new projects, I personally prefer old projects. At least, I know well the development of the projects because they already grow for many years.


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Re: Do you still believe in old coins?
« Reply #616 on: August 14, 2024, 10:21:10 PM »

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Re: Do you still believe in old coins?
« Reply #617 on: August 15, 2024, 01:21:48 AM »
I don't hate old coins, but I think that most old coins have failed or disappeared from the market since I learned about crypto in 2012. Only BTC and ETH continue to exist strongly and achieve new ATHs in new cycles, and they are exceptions due to their special status: BTC is digital gold, while ETH is digital oil.
Weak old coins must have disappeared. But strong old coins will survive a long time. I don't think only BTC and ETH that can survive until now. TRX, XLM, LTC, WAVE, and there are many other old altcoins to survive a long time. But I can agree that BTC and ETH are the best old altcoins.

Bitcoin and Ethereum were considered the best since they have a large community thanks to their price after all when comparing it to Dogecoin or LTC for example. Monero is known and established cryptocurrency that's growing in the shadows.
Dogecoin is the most cryptocurrency that I trust will grow over years and will give us the highest rewards in my opinion. For the other coins I don't regret not wasting my time on them except maybe Bitcoincash/SV, which I should sold them earlier..

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Re: Do you still believe in old coins?
« Reply #618 on: August 15, 2024, 09:22:13 AM »
I don't hate old coins, but I think that most old coins have failed or disappeared from the market since I learned about crypto in 2012. Only BTC and ETH continue to exist strongly and achieve new ATHs in new cycles, and they are exceptions due to their special status: BTC is digital gold, while ETH is digital oil.
Weak old coins must have disappeared. But strong old coins will survive a long time. I don't think only BTC and ETH that can survive until now. TRX, XLM, LTC, WAVE, and there are many other old altcoins to survive a long time. But I can agree that BTC and ETH are the best old altcoins.

Bitcoin and Ethereum were considered the best since they have a large community thanks to their price after all when comparing it to Dogecoin or LTC for example. Monero is known and established cryptocurrency that's growing in the shadows.
Dogecoin is the most cryptocurrency that I trust will grow over years and will give us the highest rewards in my opinion. For the other coins I don't regret not wasting my time on them except maybe Bitcoincash/SV, which I should sold them earlier..
If we talk about the community, of course bitcoin and ethereum are coins that have large communities, as coins that are ranked 1 and 2 on CMC. I believe in both of these coins, because bitcoin and ethereum have given me a lot of benefits.
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Re: Do you still believe in old coins?
« Reply #619 on: August 15, 2024, 08:03:27 PM »
Sometimes people make investment mistakes and blame the coin for it. For instance as an investor in Crypto, wisdom demands that you properly study the market movement so as to know when to enter or take your position and in some cases, it is mostly advisable to buy the dip and hold your position but in a situation where an investor buys at high and all of a sudden the market price drops automatically low and the investor is quick to sell and start crying foul blaming the project so hurriedly but have forgotten that there are some procedures to have followed before buying and in some cases they have no idea of holding for a long term because when the market price retraces, It would definitely bounce back but fear and pannic would not allow them be patient but rather in a haste to sell off.

People should not blame top coins because numerous individuals are taking profit from it but if they are engaged in the investment in new coins then it is possible to blame the coins. If the holder of the top coins loses money then they should realize their mistakes instead of blaming the coins because by realizing they will be able to leave their mistakes and adopt accurate investment strategies.

Always set a target because without target one will wait more and will miss the opportunity and also learn to know which coin should be held longer and which should be sold immediately as well as give more concentration to the price chart but for it you have an experience to understand the market movement.
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Re: Do you still believe in old coins?
« Reply #620 on: August 15, 2024, 11:46:04 PM »
Sometimes people make investment mistakes and blame the coin for it. For instance as an investor in Crypto, wisdom demands that you properly study the market movement so as to know when to enter or take your position and in some cases, it is mostly advisable to buy the dip and hold your position but in a situation where an investor buys at high and all of a sudden the market price drops automatically low and the investor is quick to sell and start crying foul blaming the project so hurriedly but have forgotten that there are some procedures to have followed before buying and in some cases they have no idea of holding for a long term because when the market price retraces, It would definitely bounce back but fear and pannic would not allow them be patient but rather in a haste to sell off.

People should not blame top coins because numerous individuals are taking profit from it but if they are engaged in the investment in new coins then it is possible to blame the coins. If the holder of the top coins loses money then they should realize their mistakes instead of blaming the coins because by realizing they will be able to leave their mistakes and adopt accurate investment strategies.

Always set a target because without target one will wait more and will miss the opportunity and also learn to know which coin should be held longer and which should be sold immediately as well as give more concentration to the price chart but for it you have an experience to understand the market movement.
Throwing blames at coin show's the level of ignorance such individual is.  It is normal that we ought to have the knowledge and ideas of how the Crypto market works and should be able to flow inline with the trends so as not to miss out or get trapped.

Although studying to he price chart would give you clues about the previous market trends and know what to do and also getting yourself prepared for the market so as to know what to do when you begin your trading or investment. This can help investors and traders one how to control their losses.
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Re: Do you still believe in old coins?
« Reply #621 on: August 15, 2024, 11:54:33 PM »
If I remember correctly, back then my first coin to ever invest in was LTC. A friend of mine Introduced it to me and he actually made some profits from investing. Old coins are good, but you have to find those with good potentials. BTC still remaining the oldest and the best, have so much of that potential which is required for investing. Most of these new coins scare me and aren't worth investing. Alot of them are pump and dumps so I don't really buy into their hype no matter how hard they try. Old coins still remain then best.

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Re: Do you still believe in old coins?
« Reply #621 on: August 15, 2024, 11:54:33 PM »


Offline satpol_PP

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Re: Do you still believe in old coins?
« Reply #622 on: August 16, 2024, 12:24:36 AM »
If I remember correctly, back then my first coin to ever invest in was LTC. A friend of mine Introduced it to me and he actually made some profits from investing. Old coins are good, but you have to find those with good potentials. BTC still remaining the oldest and the best, have so much of that potential which is required for investing. Most of these new coins scare me and aren't worth investing. Alot of them are pump and dumps so I don't really buy into their hype no matter how hard they try. Old coins still remain then best.
Old coins have shown their potential and reputation, especially if they have survived until now. These coins are the main priority for investment. I also prefer to invest in old coins, although I also invest in some new coins or projects, but for new coins I need a long time to do research and do analysis both fundamentally and technically before buying them.

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Re: Do you still believe in old coins?
« Reply #623 on: August 16, 2024, 11:16:48 AM »
Sometimes people make investment mistakes and blame the coin for it. For instance as an investor in Crypto, wisdom demands that you properly study the market movement so as to know when to enter or take your position and in some cases, it is mostly advisable to buy the dip and hold your position but in a situation where an investor buys at high and all of a sudden the market price drops automatically low and the investor is quick to sell and start crying foul blaming the project so hurriedly but have forgotten that there are some procedures to have followed before buying and in some cases they have no idea of holding for a long term because when the market price retraces, It would definitely bounce back but fear and pannic would not allow them be patient but rather in a haste to sell off.

People should not blame top coins because numerous individuals are taking profit from it but if they are engaged in the investment in new coins then it is possible to blame the coins. If the holder of the top coins loses money then they should realize their mistakes instead of blaming the coins because by realizing they will be able to leave their mistakes and adopt accurate investment strategies.

Always set a target because without target one will wait more and will miss the opportunity and also learn to know which coin should be held longer and which should be sold immediately as well as give more concentration to the price chart but for it you have an experience to understand the market movement.
A lot of new coins are scam and is very difficult for someone to know which one is real when it comes to New because they have no history to go through unlike old coins that has a history which you can read to know if truly that coin is good or not.
A lot of people has lost money in new coins investment, all this people that create all this new coins what they do is that the will create a new coin and start advertising it some people can come and invest and they are the people with the highest number of that coin when people starts coming to buy that coin the coin start getting value and increasing in price as soon as the value and price has increased they will sell of all there coin making huge amount of profit after them being the highest number of coin holders has sold the coin will fall in value and price those that invested in it then loses there money.
A lot of new coins are scam that is why you can never see a new coin that is decentralized all you see is centralize so it will be easier for them to create as many coin as they can, any centralized coin usually don't have value and don't grow well.

Learning about a coin that should be hold longer and coin that should be hold shorter is not a problem as a newbie the coin you should focus on to hold longer is Bitcoin which is the first crypto coin and one of the best investment in the world right now, I don't advise anyone to hold coin on a short time because crypto coin takes time to grow, so you need to exercise patience so it will grow in value and price then you can sell to make huge profit.

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Re: Do you still believe in old coins?
« Reply #624 on: August 16, 2024, 12:20:44 PM »
I have been in this crypto business for a few years, and until now, I still see a lot of old cryptocurrency coins that we still benefit from, especially when it comes to transactions. Particularly if, for example, there is congestion happening in the bitcoin network.

There are still many old coins that are good to hold in the long term, honestly speaking. I will not mention which ones, and we can see that in the market, they are still included in the lists of the top altcoins.
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Re: Do you still believe in old coins?
« Reply #625 on: August 16, 2024, 02:45:21 PM »
Old coins have shown their potential and reputation, especially if they have survived until now. These coins are the main priority for investment. I also prefer to invest in old coins, although I also invest in some new coins or projects, but for new coins I need a long time to do research and do analysis both fundamentally and technically before buying them.
For old coins they have good roadmap for long term and our investing keep guarantee avoid from scam, but not matter try with new coins for investing because profitable return in short term depend on many new coins become hype project. New coins some time easily take profit without one week because they have bigger community and easily make their project become popular but its not take for longer time.
For more secure investment assets old coins is good option but need patience for longer time waiting price increasing but with new coins usually take short term to earn profit but very risk as long term investment.

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Re: Do you still believe in old coins?
« Reply #626 on: August 16, 2024, 06:01:21 PM »
Sometimes people make investment mistakes and blame the coin for it. For instance as an investor in Crypto, wisdom demands that you properly study the market movement so as to know when to enter or take your position and in some cases, it is mostly advisable to buy the dip and hold your position but in a situation where an investor buys at high and all of a sudden the market price drops automatically low and the investor is quick to sell and start crying foul blaming the project so hurriedly but have forgotten that there are some procedures to have followed before buying and in some cases they have no idea of holding for a long term because when the market price retraces, It would definitely bounce back but fear and pannic would not allow them be patient but rather in a haste to sell off.

People should not blame top coins because numerous individuals are taking profit from it but if they are engaged in the investment in new coins then it is possible to blame the coins. If the holder of the top coins loses money then they should realize their mistakes instead of blaming the coins because by realizing they will be able to leave their mistakes and adopt accurate investment strategies.

Always set a target because without target one will wait more and will miss the opportunity and also learn to know which coin should be held longer and which should be sold immediately as well as give more concentration to the price chart but for it you have an experience to understand the market movement.
Learning about a coin that should be hold longer and coin that should be hold shorter is not a problem as a newbie the coin you should focus on to hold longer is Bitcoin which is the first crypto coin and one of the best investment in the world right now, I don't advise anyone to hold coin on a short time because crypto coin takes time to grow, so you need to exercise patience so it will grow in value and price then you can sell to make huge profit.

No doubt about the fact that there are new scam coin/projects in the industry right now. This is as a result of the fact that scammers have seen the industry to be too lucrative and attractive to invest in and also, the desperacy of investors to opt in into new projects as early adopters to make profit made it easier for them to scam people.

However, Bitcoin is no doubt the best option of investment if one should give in to it. Bitcoin happens to be the first digital currency to have emanated and so far, it has appricated in value for a long period of time and if you would ask me, I would say that it has stood the test of time to have achieved this fit and so far, no other coin have surpassed Bitcoin till date and bitcoin investment is quite alright for a long term holding if you have it in mind to make good profit.
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Re: Do you still believe in old coins?
« Reply #627 on: August 17, 2024, 09:35:20 AM »
I have been in this crypto business for a few years, and until now, I still see a lot of old cryptocurrency coins that we still benefit from, especially when it comes to transactions. Particularly if, for example, there is congestion happening in the bitcoin network.

There are still many old coins that are good to hold in the long term, honestly speaking. I will not mention which ones, and we can see that in the market, they are still included in the lists of the top altcoins.
At least you already have a lot of portfolios that can be stored for the long term. Cryptocurrency market conditions also do not always have good price conditions. So we must remain careful when we want to store cryptocurrency assets in large quantities.

Transaction congestion on the bitcoin network usually occurs when market conditions are increasing. But fortunately, currently the market conditions are not too busy so bitcoin transactions should not be congested or take long and transaction costs also look very cheap.

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Re: Do you still believe in old coins?
« Reply #628 on: August 17, 2024, 03:17:15 PM »
I have been in this crypto business for a few years, and until now, I still see a lot of old cryptocurrency coins that we still benefit from, especially when it comes to transactions. Particularly if, for example, there is congestion happening in the bitcoin network.

There are still many old coins that are good to hold in the long term, honestly speaking. I will not mention which ones, and we can see that in the market, they are still included in the lists of the top altcoins.
At least you already have a lot of portfolios that can be stored for the long term. Cryptocurrency market conditions also do not always have good price conditions. So we must remain careful when we want to store cryptocurrency assets in large quantities.

Transaction congestion on the bitcoin network usually occurs when market conditions are increasing. But fortunately, currently the market conditions are not too busy so bitcoin transactions should not be congested or take long and transaction costs also look very cheap.
To have many portfolios we must do many methods that are beneficial for us. We can do daily trading, to get daily profits. With these benefits we can use it to buy potential coins for hold.
Discussing about the congestion of transactions in Bitcoin, it seems that it depends on the gas fee that we pay and also traffic will affect the speed of our transactions.
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Re: Do you still believe in old coins?
« Reply #629 on: August 17, 2024, 04:27:47 PM »
Sometimes people make investment mistakes and blame the coin for it. For instance as an investor in Crypto, wisdom demands that you properly study the market movement so as to know when to enter or take your position and in some cases, it is mostlySept.

sable to buy the dip and hold your position but in a situation where an investor buys at high and all of a sudden the market price drops automatically low and the investor is quick to sell and start crying foul blaming the project so hurriedly but have forgotten that there are some procedures to have followed before buying and in some cases they have no idea of holding for a long term because when the market price retraces, It would definitely bounce back but fear and pannic would not allow them be patient but rather in a haste to sell off.

People should not blame top coins because numerous individuals are taking profit from it but if they are engaged in the investment in new coins then it is possible to blame the coins. If the holder of the top coins loses money then they should realize their mistakes instead of blaming the coins because by realizing they will be able to leave their mistakes and adopt accurate investment strategies.

Always set a target because without target one will wait more and will miss the opportunity and also learn to know which coin should be held longer and which should be sold immediately as well as give more concentration to the price chart but for it you have an experience to understand the market movement.
A lot of new coins are scam and is very difficult for someone to know which one is real when it comes to New because they have no history to go through unlike old coins that has a history which you can read to know if truly that coin is good or not.
A lot of people has lost money in new coins investment, all this people that create all this new coins what they do is that the will create a new coin and start advertising it some people can come and invest and they are the people with the highest number of that coin when people starts coming to buy that coin the coin start getting value and increasing in price as soon as the value and price has increased they will sell of all there coin making huge amount of profit after them being the highest number of coin holders has sold the coin will fall in value and price those that invested in it then loses there money.
A lot of new coins are scam that is why you can never see a new coin that is decentralized all you see is centralize so it will be easier for them to create as many coin as they can, any centralized coin usually don't have value and don't grow well.

Learning about a coin that should be hold longer and coin that should be hold shorter is not a problem as a newbie the coin you should focus on to hold longer is Bitcoin which is the first crypto coin and one of the best investment in the world right now, I don't advise anyone to hold coin on a short time because crypto coin takes time to grow, so you need to exercise patience so it will grow in value and price then you can sell to make huge profit.

There are 1000s of coins maybe 90% are junk.

Btc
Ltc
Doge have a solid asic infrastructure backing them.
Monero
Kawpow
Grin have a good amount of hash.

Eth is a spectacular fail that will occur in time.

Too long to  switch away from gpus
Burned Amd
Burned Nvidia

Has a lot of enemies.

I EXPECT Mr V will have a huge scandal and Eth will collapse.

But all of that is simple conjecture.
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