Do you still believe in old coins?

[Nheer]

We are still on the same page, having strong support means they can recover faster than new coins  even though they are being driven by bitcoin. What is important is knowing that investing in old coin is safer than investing in new coins if they must invest in altcoins.

What coins would you choose besides BTC and ETH?

There are other reliable coins to invest in and trust me even if i mention a few for you you will still have to go and do your own research about them before investing in them. That’s the best thing to do, always research before investing in any coin be it old or new.

SOL, XRP, Matic, BNB are few coins one can invest in aside BTC and ETH.

[bitbit97]

The market is doing opposite of what you say. Old altcoins, whos prices have dropped after previous bull market havent recovered yet, not even half of the prices they used to have, and you say they recover quickly. Take any altcoin that wasnt top10-20 last years, and check its prices. Most of them sell have minus 60-80% from previous ATH. Where is a quick recovery? Matic shows good results. -82% from ATH. That is really impressive.

Almost old coins price dropped drastically and get difficult position recovery to higher price, I believe still has opportunity raise up to higher price again but right now most of old coins seems not really worth it than investing with new coins for short term target.
Any new altcoin easily break out to higher price and have good increasing comparison price than old coins, I think if want earn much profitable in short term investing in new altcoins is better way than keep invest with old coins take longer time get recovery.

We all believe that old coins will one day reach ATH, but I have more trust in new ones. I havent made any research or did calculations, but if we take 1 or 2 year timeframe, and compare any old altcoin price change since 2022-2023 till August 28 2024, and do the same with new projects that listed in 2022-2023 till today, they would show better price performance.

[yohananaomi]

We all believe that old coins will one day reach ATH, but I have more trust in new ones. I havent made any research or did calculations, but if we take 1 or 2 year timeframe, and compare any old altcoin price change since 2022-2023 till August 28 2024, and do the same with new projects that listed in 2022-2023 till today, they would show better price performance.

If they have potential and are ranked, I can agree that they will be able to be the same as bitcoin that will reach its latest ATH, but it is still too early to talk about it, because the situation is still quite long, and it is possible that there will be corrections and increases again, and continue to be like that for the next few months.
In my opinion, an increase in new coins is possible, but it may not be much, because new coins that are able to survive in the current situation are very small, compared to old coins that have found a place with investors until now.

[MUGNIA]

The market is doing opposite of what you say. Old altcoins, whos prices have dropped after previous bull market havent recovered yet, not even half of the prices they used to have, and you say they recover quickly. Take any altcoin that wasnt top10-20 last years, and check its prices. Most of them sell have minus 60-80% from previous ATH. Where is a quick recovery? Matic shows good results. -82% from ATH. That is really impressive.

Almost old coins price dropped drastically and get difficult position recovery to higher price, I believe still has opportunity raise up to higher price again but right now most of old coins seems not really worth it than investing with new coins for short term target.
Any new altcoin easily break out to higher price and have good increasing comparison price than old coins, I think if want earn much profitable in short term investing in new altcoins is better way than keep invest with old coins take longer time get recovery.

We all believe that old coins will one day reach ATH, but I have more trust in new ones. I havent made any research or did calculations, but if we take 1 or 2 year timeframe, and compare any old altcoin price change since 2022-2023 till August 28 2024, and do the same with new projects that listed in 2022-2023 till today, they would show better price performance.

It is natural for us to think that new coins are more profitable than old coins, because most new coins are carried away by the public's fomo and hype, which will provide significant benefits at the beginning of the market list and will always sink if there are new coins again, but in the end these new coins will also experience a period like old coins trying to rise and always making innovations so that they remain valuable and can be used as a mainstay of investment

[legend45]

It is natural for us to think that new coins are more profitable than old coins, because most new coins are carried away by the public's fomo and hype, which will provide significant benefits at the beginning of the market list and will always sink if there are new coins again, but in the end these new coins will also experience a period like old coins trying to rise and always making innovations so that they remain valuable and can be used as a mainstay of investment

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

[alltalk]

I agree with you, the coins you mentioned have proven their reputation and have survived until now. ETH, BNB, XRP, TRX, XLM, and ADA, I also hold these coins, because I have confidence that these coins will touch ATH during the bullish season and we can benefit from it. We should also study new coins that have the potential to be big in the future, but sometimes we don't have time to do research.

Those coins are the favorite coins for most crypto investors. They have big market caps and have good progress until now. Even some of them have bad news in the past, it seems over already. BNB, XRP, and TRX look fine now, I don't see any bad news currently on these coins. BNB has reached a new ATH, but it seems to reach another new ATH. Other coins may have a chance to reach new ATH as well although I'm not really sure that  XRP, TRX, XLM will easily reach new ATH. These altcoins failed to reach the new ATH in the previous cycle. The ATH of these coins happened in 2018, it was about 7 years ago.

[$crypto$]

It is natural for us to think that new coins are more profitable than old coins, because most new coins are carried away by the public's fomo and hype, which will provide significant benefits at the beginning of the market list and will always sink if there are new coins again, but in the end these new coins will also experience a period like old coins trying to rise and always making innovations so that they remain valuable and can be used as a mainstay of investment

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

It makes sense if we talk about new coins will be more profitable if there is hype or fomo from many people. However, it should be realized that investing in new coins also has quite high risks.

If we talk about security, then I think coins that have been on the market for a long time and are well-known will be safer for us to invest in. They have gained a lot of trust from many investors, while new coins have not been tested by time.

[UNIVERSE]

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

It is true. New coins can increase very massive. Even there are new coins that can increase thousand percentages (1000x). But we must be careful because the coins can drop very significantly, too. If we aren't experienced enough, we may hold too long time. It is not a good idea to hold too long time because the price may be hard to increase again. As far as I know, the best time to sell the new coins when it is listed in the first exchange.

[luckyledger]

We are still on the same page, having strong support means they can recover faster than new coins  even though they are being driven by bitcoin. What is important is knowing that investing in old coin is safer than investing in new coins if they must invest in altcoins.

What coins would you choose besides BTC and ETH?

There are other reliable coins to invest in and trust me even if i mention a few for you you will still have to go and do your own research about them before investing in them. That’s the best thing to do, always research before investing in any coin be it old or new.

SOL, XRP, Matic, BNB are few coins one can invest in aside BTC and ETH.

I totally agree with you, just got interested in your pickings. I would pick SOL and BNB due to what they embody - one has the highest throughput of any Layer-1 blockchain, and the other is tied to such a giant that it's obvious what to do with it

[rizqillah]

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

It is true. New coins can increase very massive. Even there are new coins that can increase thousand percentages (1000x). But we must be careful because the coins can drop very significantly, too. If we aren't experienced enough, we may hold too long time. It is not a good idea to hold too long time because the price may be hard to increase again. As far as I know, the best time to sell the new coins when it is listed in the first exchange.

I agree with you that a good time to sell new coins is when they are first listed on the exchange and after that they are likely to be dumped. Many new coins can give you big profits but if we sell them late, we will lose because the price of the coins will plummet.

[Nheer]

There are other reliable coins to invest in and trust me even if i mention a few for you you will still have to go and do your own research about them before investing in them. That’s the best thing to do, always research before investing in any coin be it old or new.

SOL, XRP, Matic, BNB are few coins one can invest in aside BTC and ETH.

I totally agree with you, just got interested in your pickings. I would pick SOL and BNB due to what they embody - one has the highest throughput of any Layer-1 blockchain, and the other is tied to such a giant that it's obvious what to do with it

Those are actually good coins that are reliable and they can do well in future SOL and BNB are good as you said but it doesn’t mean others are not as promising too. Investing and the profits you make will depend on your investment plan and how long you intend to hold your assets.

I agree with you that a good time to sell new coins is when they are first listed on the exchange and after that they are likely to be dumped. Many new coins can give you big profits but if we sell them late, we will lose because the price of the coins will plummet.

Only few new coins are capable of retaining value even when listed on exchanges and that’s why selling early can be more beneficial than trying to hold them for a while. Nee coins are only good for short term gains before they lose their value.

[yohananaomi]

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

It is true. New coins can increase very massive. Even there are new coins that can increase thousand percentages (1000x). But we must be careful because the coins can drop very significantly, too. If we aren't experienced enough, we may hold too long time. It is not a good idea to hold too long time because the price may be hard to increase again. As far as I know, the best time to sell the new coins when it is listed in the first exchange.

I agree with you that a good time to sell new coins is when they are first listed on the exchange and after that they are likely to be dumped. Many new coins can give you big profits but if we sell them late, we will lose because the price of the coins will plummet.

If we believe that the coin will not develop because the team behind it is not convincing, then what you said is the most appropriate thing to do, because if it is too late to anticipate, it is certain that the price we get is not appropriate when buying it, and it could even be that it is worthless.
Everything must be planned with careful analysis because everything may not be in accordance with what was initially informed. I do agree to sell immediately if you are not sure.

[bitbit97]

The market is doing opposite of what you say. Old altcoins, whos prices have dropped after previous bull market havent recovered yet, not even half of the prices they used to have, and you say they recover quickly. Take any altcoin that wasnt top10-20 last years, and check its prices. Most of them sell have minus 60-80% from previous ATH. Where is a quick recovery? Matic shows good results. -82% from ATH. That is really impressive.

Almost old coins price dropped drastically and get difficult position recovery to higher price, I believe still has opportunity raise up to higher price again but right now most of old coins seems not really worth it than investing with new coins for short term target.
Any new altcoin easily break out to higher price and have good increasing comparison price than old coins, I think if want earn much profitable in short term investing in new altcoins is better way than keep invest with old coins take longer time get recovery.

We all believe that old coins will one day reach ATH, but I have more trust in new ones. I havent made any research or did calculations, but if we take 1 or 2 year timeframe, and compare any old altcoin price change since 2022-2023 till August 28 2024, and do the same with new projects that listed in 2022-2023 till today, they would show better price performance.

It is natural for us to think that new coins are more profitable than old coins, because most new coins are carried away by the public's fomo and hype, which will provide significant benefits at the beginning of the market list and will always sink if there are new coins again, but in the end these new coins will also experience a period like old coins trying to rise and always making innovations so that they remain valuable and can be used as a mainstay of investment

I think your post has something that will help us to find a truth in following discussion. We have old coins, and those that are left high on top represent blockchains mostly. And we have new coins, that are usually trend related, and only a minimum are blockchains. We can put away all trendy coins and forget about them, as they wont be on trend next year. We have new blockchains, that barely bring something new to community. And we have old blockchains, that nobody are interested in anymore (Tron, Neo, Stellar for example. When was the last time you here something came up on their blockchains?), as technology goes forward. So we end with a bunch of top old altcoins, that are in top only because of their popularity. And that is it. Popularity helps to make huge marketcaps. Something new appears and their popularity decreases significantly.

To sum up: old coins are slowly dying, new coins are under huge influence of trend and could be in demand for a 6-12months max. Only top of the top like BTC, ETH, BNB and stables survive.

[legend45]

The benefits gained from investing in new coins whose projects are hyped will be greater than investing in old coins, but we must be on time for entry and exit. because everything will happen so fast, if we are late in selling it will lose and suffer losses because it takes a long time to rise again.

It is true. New coins can increase very massive. Even there are new coins that can increase thousand percentages (1000x). But we must be careful because the coins can drop very significantly, too. If we aren't experienced enough, we may hold too long time. It is not a good idea to hold too long time because the price may be hard to increase again. As far as I know, the best time to sell the new coins when it is listed in the first exchange.

I agree with you that a good time to sell new coins is when they are first listed on the exchange and after that they are likely to be dumped. Many new coins can give you big profits but if we sell them late, we will lose because the price of the coins will plummet.

If we believe that the coin will not develop because the team behind it is not convincing, then what you said is the most appropriate thing to do, because if it is too late to anticipate, it is certain that the price we get is not appropriate when buying it, and it could even be that it is worthless.
Everything must be planned with careful analysis because everything may not be in accordance with what was initially informed. I do agree to sell immediately if you are not sure.

I agree with you diats, if you are not sure about a coin whose team seems to not do the development and daily volume of Menuru should immediately sell the coins and replace it with a more potential coin, because investment is a matter of money and our main goal is to get a profit.

[alltalk]

I agree with you that a good time to sell new coins is when they are first listed on the exchange and after that they are likely to be dumped. Many new coins can give you big profits but if we sell them late, we will lose because the price of the coins will plummet.

Yep. There should be a big pump when it is the first listing on the exchange. But most of the new coins fail to maintain the good price at the first time listing, most of them will drop constantly. I think it is about losing the hype and most investors decide to quit and invest in other coins. That's why we must be very careful if we want to invest in new coins. It is very recommended to take profits as quick as possible when it is listed in the first exchange.