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Author Topic: Do you still believe in old coins?  (Read 83294 times)

Offline enwi

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Re: Do you still believe in old coins?
« Reply #1140 on: February 06, 2025, 10:45:46 PM »
I think all of us have bought meme coins, whether we still do it now or not, but what is clear is that we have held meme coins.

I am also one of those people who sometimes take advantage of meme coins and hope that luck will come to me. Yes, nothing more than I just hope for luck, because I also realize that when it is a meme coin, then one of the things that can make us profitable is luck.

If it's trendy - then you probably can get a bit of funds out of it. Otherwise, the price is correlated with the sentiment people have towards said meme, if the community rallies and buys it up, when the cap is very very small - you basically won.
If not - goodbye to the depo.
Yeah, that's basically the story for almost everyone who bought a new meme or older tokens but with a small mc. I've converted some old coins worth a couple hundred dollars into meme before but most of it also went down the drain. I got lucky with some but never really maxed out because I only bought a few.
Almost every trader has bought some amount in tokens with a very small price, especially when it comes to the tokens and projects that are just starting. Some may make good profits out of these, while some must know that most of these assets do not remain in the market for so long. Such incidents of course make one understand the consequences of business and the fact that there is need to control risks that are inherent in any business venture. It would also give us an opportunity to take our risks with the higher risk assets without endangering too much of our resource. Thus, balance in strategy stays what can help us to stay alive in the further more than passion and anger.

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Re: Do you still believe in old coins?
« Reply #1140 on: February 06, 2025, 10:45:46 PM »

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Re: Do you still believe in old coins?
« Reply #1141 on: February 07, 2025, 01:40:49 PM »
I think all of us have bought meme coins, whether we still do it now or not, but what is clear is that we have held meme coins.

I am also one of those people who sometimes take advantage of meme coins and hope that luck will come to me. Yes, nothing more than I just hope for luck, because I also realize that when it is a meme coin, then one of the things that can make us profitable is luck.

If it's trendy - then you probably can get a bit of funds out of it. Otherwise, the price is correlated with the sentiment people have towards said meme, if the community rallies and buys it up, when the cap is very very small - you basically won.
If not - goodbye to the depo.
Yeah, that's basically the story for almost everyone who bought a new meme or older tokens but with a small mc. I've converted some old coins worth a couple hundred dollars into meme before but most of it also went down the drain. I got lucky with some but never really maxed out because I only bought a few.
Lol, that's our experience. sometimes I can get a pretty good return when I enter the meme coin. But in my experience, it feels like I get more losses than profits.

But it is also actually a very valuable experience that we can't get from anywhere else. So this can also be something for us to be able to restrain ourselves so that we can manage well when we want to buy memecoin.

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Re: Do you still believe in old coins?
« Reply #1141 on: February 07, 2025, 01:40:49 PM »

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Offline lilpromise

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Re: Do you still believe in old coins?
« Reply #1142 on: February 07, 2025, 01:56:58 PM »
if the project is active why not? but if it like meme coins ill pass for that. maybe stick to bitcoin, eth and bnb instead of believing to other coin

Offline Mr. Magkaisa

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Re: Do you still believe in old coins?
« Reply #1143 on: February 07, 2025, 02:09:16 PM »
I think all of us have bought meme coins, whether we still do it now or not, but what is clear is that we have held meme coins.

I am also one of those people who sometimes take advantage of meme coins and hope that luck will come to me. Yes, nothing more than I just hope for luck, because I also realize that when it is a meme coin, then one of the things that can make us profitable is luck.

If it's trendy - then you probably can get a bit of funds out of it. Otherwise, the price is correlated with the sentiment people have towards said meme, if the community rallies and buys it up, when the cap is very very small - you basically won.
If not - goodbye to the depo.
Yeah, that's basically the story for almost everyone who bought a new meme or older tokens but with a small mc. I've converted some old coins worth a couple hundred dollars into meme before but most of it also went down the drain. I got lucky with some but never really maxed out because I only bought a few.
Almost every trader has bought some amount in tokens with a very small price, especially when it comes to the tokens and projects that are just starting. Some may make good profits out of these, while some must know that most of these assets do not remain in the market for so long. Such incidents of course make one understand the consequences of business and the fact that there is need to control risks that are inherent in any business venture. It would also give us an opportunity to take our risks with the higher risk assets without endangering too much of our resource. Thus, balance in strategy stays what can help us to stay alive in the further more than passion and anger.

        -      At this time, many altcoins, particularly in the top listing market in this industry, are in the red and many crypto communities are also taking advantage of this opportunity because they know that as goes by in the future, the price of altcoins that are currently down will rise again.

Honestly, I am also one of the communities that is doing DCA on other cryptocurrencies that I have been accumulating since last year till now in which is for me what I am doing is right.

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Re: Do you still believe in old coins?
« Reply #1144 on: February 07, 2025, 06:16:51 PM »

I also see how this coin can be manipulated by whales and it is actually quite risky if you look at how this happens. More precisely, it is risky for investors who have small capital, because if they miss the hype, then they must wait until the next hype if they don't want to lose.

Big investors can indeed manipulate the meme coin market, although perhaps not completely, but it must be admitted that it is very influential.
To invest in meme coins we have to buy and sell them while they are still hype, because if we sell late we will experience losses or get stuck in high prices.
Whales will always manipulate [the market and it is better to follow the market trend because we can still profit from it.

Meme coins are more like a get rich quick type of coins, cause if you come in at the very early stage, you'll make tons of profits, and this happens to every early birds in the meme trees. When the hype is on, then profits are being made, cause these hypes are mostly controlled by the whales. Following the trend, we get our own. It's so frustrating when one gets stocked up when the coin goes down, because it takes almost forever to go up again, except another hype that is almost of same magnitude as before or even higher.
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Re: Do you still believe in old coins?
« Reply #1145 on: February 07, 2025, 06:38:25 PM »
Agreed investing in meme coins is very risky because we have to see the fundamentals and sustainability of this mmeme coin. many meme kpo are hype and then become dim and worthless.
bitcoin is the safest crypto coin for the long term, we should save it more than other coins. because it is likely that many will save bitcoin as a reserve fund.
I think what you said is almost the policy of everyone who plays in crypto and doesn't want to make long-term investments in meme coins, as you said that it is very risky and that is something that is very true., The choice of bitcoin is the investment with the lowest risk and, indeed, this is an investment made for the long term and is very profitable in time. Rarely anyone misses investing in bitcoin if they have large funds.
People basically try to invest in some tokens with the aim of making profit from the market in a short time. Such tokens have the potential to get a high return but also have a high chance of losing. That is why when it comes to investing, one should definitely consider whether it is actually possible to invest there or not. I have realized one thing that those who invest in such coins withdraw their profits from there as soon as their purpose is fulfilled and deposit them in Bitcoin. That is why I think that if you are making a long-term investment, it is appropriate to invest in Bitcoin.

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Re: Do you still believe in old coins?
« Reply #1146 on: February 07, 2025, 07:19:47 PM »
Agreed investing in meme coins is very risky because we have to see the fundamentals and sustainability of this mmeme coin. many meme kpo are hype and then become dim and worthless.
bitcoin is the safest crypto coin for the long term, we should save it more than other coins. because it is likely that many will save bitcoin as a reserve fund.
I think what you said is almost the policy of everyone who plays in crypto and doesn't want to make long-term investments in meme coins, as you said that it is very risky and that is something that is very true., The choice of bitcoin is the investment with the lowest risk and, indeed, this is an investment made for the long term and is very profitable in time. Rarely anyone misses investing in bitcoin if they have large funds.
People basically try to invest in some tokens with the aim of making profit from the market in a short time. Such tokens have the potential to get a high return but also have a high chance of losing. That is why when it comes to investing, one should definitely consider whether it is actually possible to invest there or not. I have realized one thing that those who invest in such coins withdraw their profits from there as soon as their purpose is fulfilled and deposit them in Bitcoin. That is why I think that if you are making a long-term investment, it is appropriate to invest in Bitcoin.
This has been amongst one of my Crypto trading strategies, I invest in altcoin and after taking my profit, I invest   in Bitcoin. I do this repeatedly for any potential altcoin that emanate on the Crypto market. However, doing this requires more efforts in one doing research on the altcoin they want to invest in because the research would guide them through getting knowledge on when best to invest and what such project is all about and if the project has potentials of generating profit within a short period of time that would be collected to invest in others.
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Re: Do you still believe in old coins?
« Reply #1146 on: February 07, 2025, 07:19:47 PM »


Offline JISAN

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Re: Do you still believe in old coins?
« Reply #1147 on: February 07, 2025, 08:45:06 PM »
Agreed investing in meme coins is very risky because we have to see the fundamentals and sustainability of this mmeme coin. many meme kpo are hype and then become dim and worthless.
bitcoin is the safest crypto coin for the long term, we should save it more than other coins. because it is likely that many will save bitcoin as a reserve fund.
I think what you said is almost the policy of everyone who plays in crypto and doesn't want to make long-term investments in meme coins, as you said that it is very risky and that is something that is very true., The choice of bitcoin is the investment with the lowest risk and, indeed, this is an investment made for the long term and is very profitable in time. Rarely anyone misses investing in bitcoin if they have large funds.
People basically try to invest in some tokens with the aim of making profit from the market in a short time. Such tokens have the potential to get a high return but also have a high chance of losing. That is why when it comes to investing, one should definitely consider whether it is actually possible to invest there or not. I have realized one thing that those who invest in such coins withdraw their profits from there as soon as their purpose is fulfilled and deposit them in Bitcoin. That is why I think that if you are making a long-term investment, it is appropriate to invest in Bitcoin.
This has been amongst one of my Crypto trading strategies, I invest in altcoin and after taking my profit, I invest   in Bitcoin. I do this repeatedly for any potential altcoin that emanate on the Crypto market. However, doing this requires more efforts in one doing research on the altcoin they want to invest in because the research would guide them through getting knowledge on when best to invest and what such project is all about and if the project has potentials of generating profit within a short period of time that would be collected to invest in others.
Bitcoin is always in a strong position from its position. If you pay attention, you can see what is happening in the reentry market. Bitcoin price is only moving 2-3 thousand dollars and with this Altcoins are going down fast. The expectation of many was that the alt season will be seen very soon but the opposite has happened. Alt is falling fast.  So always focus more on bitcoin than alt.  And if you can constantly increase your bitcoin amount by investing the profit from alt in bitcoin then it will definitely be good and profitable for you.  And not always thinking about the dollar, Satoshi of Bitcoin is looking to increase its amount.  Because here the dollar is a temporary amount.  Satoshi's amount is the main
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Re: Do you still believe in old coins?
« Reply #1148 on: February 07, 2025, 10:23:32 PM »
if the project is active why not? but if it like meme coins ill pass for that. maybe stick to bitcoin, eth and bnb instead of believing to other coin
How about Doge? It's the great grandfather of all memes but it also meets the criteria of active project. Maybe not too active in terms of development unlike Bitcoin and other coins but there's an active and strong community behind it (including miners).

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Re: Do you still believe in old coins?
« Reply #1149 on: February 07, 2025, 10:44:26 PM »

This has been amongst one of my Crypto trading strategies, I invest in altcoin and after taking my profit, I invest   in Bitcoin. I do this repeatedly for any potential altcoin that emanate on the Crypto market. However, doing this requires more efforts in one doing research on the altcoin they want to invest in because the research would guide them through getting knowledge on when best to invest and what such project is all about and if the project has potentials of generating profit within a short period of time that would be collected to invest in others.
Altcoins do have a greater chance of making short-term profits, and I agree with you. Trading altcoins and using the profits to buy bitcoin and hold them. So we keep our trading profits safe because we have stored them in bitcoin.
I do that too.
But sometimes I also use my profits to buy top altcoins because the profits are greater than bitcoin.

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Re: Do you still believe in old coins?
« Reply #1150 on: February 07, 2025, 11:09:05 PM »
How about Doge? It's the great grandfather of all memes but it also meets the criteria of active project. Maybe not too active in terms of development unlike Bitcoin and other coins but there's an active and strong community behind it (including miners).
What projects in Dogecoin? I don't see any project in Dogecoin.  :D
There is no development in Dogecoin recently, it only expects for the help form Elon Musk. Many people mine Dogecoin, but they probably will stop it if there is no big change in Dogecoin in this cycle.


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Re: Do you still believe in old coins?
« Reply #1151 on: February 07, 2025, 11:34:16 PM »

Bitcoin is always in a strong position from its position. If you pay attention, you can see what is happening in the reentry market. Bitcoin price is only moving 2-3 thousand dollars and with this Altcoins are going down fast. The expectation of many was that the alt season will be seen very soon but the opposite has happened. Alt is falling fast.  So always focus more on bitcoin than alt.  And if you can constantly increase your bitcoin amount by investing the profit from alt in bitcoin then it will definitely be good and profitable for you.  And not always thinking about the dollar, Satoshi of Bitcoin is looking to increase its amount.  Because here the dollar is a temporary amount.  Satoshi's amount is the main
Actually, bitcoin's dominance is still if we look at the current market, so I store more of my crypto assets in bitcoin than altcoin because altcoin season doesn't seem like it will happen in the near future. so I do short-term trading with bitcoin.
this is just one strategy that I do when I see bitcoin's dominance is still high, I haven't switched to altcoin. every trader has their own strategy, and this is what I do.

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Re: Do you still believe in old coins?
« Reply #1152 on: February 07, 2025, 11:59:51 PM »
Actually, bitcoin's dominance is still if we look at the current market, so I store more of my crypto assets in bitcoin than altcoin because altcoin season doesn't seem like it will happen in the near future. so I do short-term trading with bitcoin.
this is just one strategy that I do when I see bitcoin's dominance is still high, I haven't switched to altcoin. every trader has their own strategy, and this is what I do.
Indeed. Bitcoin still dominates the market, so the altcoins season still doesn't start yet. We must keep holding our altcoins if they don't meet the selling target. I also still believe that we should have altcoins season in this year. Some prediction stated that the altcoins season can be in Q2 or Q3 of this year. Anyway, it is always good to do short term trading, this way can get additional earning. But sometimes I prefer to see and wait only if I feel the market looks not really good to do trading.


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Re: Do you still believe in old coins?
« Reply #1153 on: February 08, 2025, 11:58:17 AM »

This has been amongst one of my Crypto trading strategies, I invest in altcoin and after taking my profit, I invest   in Bitcoin. I do this repeatedly for any potential altcoin that emanate on the Crypto market. However, doing this requires more efforts in one doing research on the altcoin they want to invest in because the research would guide them through getting knowledge on when best to invest and what such project is all about and if the project has potentials of generating profit within a short period of time that would be collected to invest in others.
Altcoins do have a greater chance of making short-term profits, and I agree with you. Trading altcoins and using the profits to buy bitcoin and hold them. So we keep our trading profits safe because we have stored them in bitcoin.
I do that too.
But sometimes I also use my profits to buy top altcoins because the profits are greater than bitcoin.

Making more profit gives room for more investment so the idea of reinvesting ones profit into other altcoin is not bad as long as the investment plans are not bad but would yield a positive result as expected. But however, that does not mean that one should be relaxed but a more strict standards would be put in place that one does not use all their profits in reinvestment  in projects which might eventually get them trapped. If it can be done in a 50 50 ratio, that would be okay as to safe guard for from any unforseen circumstances that may occur while investing the profit gotten from the previous trade.
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Re: Do you still believe in old coins?
« Reply #1154 on: February 08, 2025, 02:28:43 PM »
How about Doge? It's the great grandfather of all memes but it also meets the criteria of active project. Maybe not too active in terms of development unlike Bitcoin and other coins but there's an active and strong community behind it (including miners).
What projects in Dogecoin? I don't see any project in Dogecoin.  :D
There is no development in Dogecoin recently, it only expects for the help form Elon Musk. Many people mine Dogecoin, but they probably will stop it if there is no big change in Dogecoin in this cycle.
Last time I heard, there were plans to add smart contracts but that never really materialized I guess. Makes you wonder why it has survived this long even without trash projects on top of it. Elon Musk? Nah, the coin will probably remain even without him. What made you think miners will stop if no development after this cycle? It's one of the few coins that's still POW and cheap to use when transferring funds on L1.

 

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