Bitcoin Forum

Will it be the existing altcoins or the new ones which will give more profits? I mean would you go with coins like SOL, INJ, ETH and BNB or some recent projects like JUP, BONK for upcoming bull run?

People usually prefer established coins due to stability and it's reputation, but ther are se of people who rather prefer new coins because the profit margins in new coins are higher than the established ones.

Which one would you prefer and please name the coins as well.

To be honest, i recently traded shitcoins and made way more profits than I did with established coins  :D
Maybe I was just lucky, but the truth is there is also a huge risk as they dump so bad if your timing is bad. We are talking about 90% dump in a day or two. This is impossible with established coins

To me

Long term -- Established coins
Short term -- You can do new coins/tokens too, but be very careful and get out as soon as you get good profit. Do not be so greedy.

You may be able to see that existing altcoins provide long term profits while new altcoins provide short term profits, I did several times on new altcoins that are really profitable regardless of the decline there will always be not as long as new altcoins are profitable.

Principles about new altcoins.
So many new altcoins come to the market you may be able to take advantage of early purchases, this is also whether it is hype or not, don't forget that the risk of new altcoins is greater than old altcoins.

Old altcoins such as those you mentioned SOL, ETH and INJ provide opportunities for stability in the market rather than new altcoins that are still much in doubt.

In any bull run, newer tokens tend to make the biggest moves while older altcoins tend to lag behind a bit. They still move just not as much as newer tokens. I would say that it entirely depends on the individual — whether or not they are open to take biggest risks in newer altcoins with the possibility of earning bigger rewards if their "bets" on these newer tokens turned out to be right.

So my take is this:

• Bull run? Increase risk tolerance and chose new tokens from a good enough project with reputable team.
• Bear trend? Reduce risks by diversifying into established coins than their newer counterparts.

There is supposed to be a balance according to your risk management. If we say that most of the investment will be in Bitcoin and the next percentage in Ethereum, then investing in currencies such as SOL and INJ may not be appropriate currently due to the rise in their prices and the need for correction, but if their price decreases, I think that some may buy. The new projects that I researched are better than the traditional projects that reached ATH.

People prefer already established coins because they feel safe to invest in them. Nowadays due to inflation people are very much worried about their investments. They want less but guaranteed profits that's why they prefer to Invest in already trusted altcoins.

People who have some cents spared and they are willing to take a bet, they prefer new coins mostly. They don't care about the risk factor to that extent. Some projects give them good profits and if not they take out their investments with a small loss.

I would prefer both as I would like to diversify my portfolio. If I am looking for good profit from the market I would allocate funds accordingly depending on the hype, the narrative and what is trending. I know it is not that easy to do it but for good profit a little bid of hard work and a lot of smart work is required.

it depends though, if the established or existing coin is as good as bitcoin and ethereum you won't go wrong with these as an investment but if its a coin that just decreasing in term of popularity your investment might go to waste.
but the thing is that the coin you mentioned SOL, INJ, ETH and BNB is completely different if compared with the other ones that you mentioned like JUP and BONK. when we are talking about coin like SOL, INJ, ETH and so on they are blockchain coin, they have utility to be used as a gas for the blockchain therefore the demand itself different, usually these coin also long lasting and could achieve really high market cap even though the other also can but these blockchain coin usually always long lasting its completely different with dapps coin like JUP or even meme coin like BONK so its not fair comparison, but coming back to the question again, if the newer coin seems prospective and the existing coin doesn't seem interesting i will go with new coins.
just because the inflow of investment is a lot much higher if compared with the existing coin that sometime just stuck and even worse, losing market cap as the time goes.

This has been my experience as well. I wouldn't ever recommend people doing it, but i made most of my money with lowcap shitcoins that have died already. And i perfectly well realize i was lucky and opposite outcome was equally possible. But if they ask for advice, i either say i don't know, or point them to SOL, ETH and some other high marketcap coins.

And when ever they say that they found some dogeinuturdfrankzappacoin thats "cheap" and ask if that's a good choice for short term trade, I will just roll my eyes and say i really have no idea. And add that that they are probably losing all their money by playing with those. Just the fact that they had to ask is a strong indicator of a bad idea.

But if i give an advice on shitcoins, i say not to put too much money on it and think of it as a slot machine, or a crash game, which is actually a perfect example for trading shitcoins. Only difference being that it's harder to lose 100% of the money with one crash. But that happens as well.

I am not even try to pitch anything about real world usage for some coins, as i don't really believe in that myself anymore.

for us who have been here for many years now I guess we already have stand
that either the safest but slowly profiting or the riskier but big time earning.

Oldschool - project are safer but we knew that its giving us small profit each
time not unless its bull market  already.

Newproject - are those who can generate multiple times from our capital but
the problem is that they are the riskier one that mostly turns into scamming and
we can only find small part of legitimacy.

Practical way mate, why need to choose one when we can choose them all righ?  ;)

I would even go further and say:

Long term (more than 3-4 years): Bitcoin or at most Ethereum.

Even coins of the "second row" like Solana and BNB were beaten by Bitcoin when it comes to 4-year performance. Ethereum didn't still reach its 2021 ATH. And there are even relatively few coins which manage to be in the top 30 for more than 2 cycles (stablecoins aside).

Alternatively, security tokens which are run by companies not focussed in the crypto sector (e.g. gaming) could become an alternative in the future.

I would also add another category:

Mid-term: established coins of the second tier (e.g. Solana)

These are coins you may want to buy in the crypto winter when they usually lose more than 90%, and hold until the point of maximum FOMO.

I do not fully agree here. Yes, in a bear market I would definitely go out of altcoins which had phenomenal growth in the last bull market, for example meme coins, risky ICOs and so on.

But just in bear markets there can be very new projects emerging which may beat the market better than the established coins. These projects have to be either 1) totally new, i.e. created after the last bull market ended, or 2) created before, but still weren't discovered by altcoin speculation. An example is Kaspa which afaik was created in the very last stage of 2021s bull run but was able to grow quite well in 2022, and then exploded in the 2023/24 bull market.

Yep, I agree. Recently I also experienced this, sometimes trading with new coins is good because there's no yet any basis on how high it could go or how low it could dump. It's like price discovery.
But since you are afraid here, sometimes you are betting less then sometimes it is more performer than other pair you put larger amount.

Based on what is happening in the cryptocurrency market and the position of all the cryptocurrencies, I think I will prefer to establish Ethereum and Solana if there is an opportunity to establish two coin because the coins has performed well in this season, and it will still going to perform better in the future. The reason why I don't like to embrace new projects in the market is because I don't know how strong they are in the market and what they can offer in the nearest futur, but the old projects I know very well and how strong the teams behind them are and it gives me boldness to go ahead to invest in that particular project. Since there is still bullish season, it will be favourable if you can wait to allow the price of Ethereum to decrease to $2000 before you can purchase and hold because the price will definitely reach $10,000 next two years.

I think it depends, some old and established projects are doing great, no doubt about that, and when you think about the security of your funds along with the potential profits you might get, you will think of investing in those established ones without a second thought. However, many of the newly launched cryptocurrencies have great potential as well, I'm not referring to meme coins because they are not normal cryptocurrencies but others such as JUP, ETHFI, AXL, PORTAL, etc.

I don't usually invest a lot in altcoins but when I do, I make sure that I do enough research to find out which coins have been performing well lately and then I check the projects behind them to find out whether the performance can be managed in the long run or it's just because of hype.

I've got the established and existing ones. But I am trying to decide and look for the new ones and will try my luck with some couple of bucks investing to it hoping that I'll get a profit.

That's true, most of us prefer to go with the established ones because they've got names. And that is our nature as investors to be sure where we're putting our money. We want to see every single cent that we invest to be in the right project that could grow the value of our money.

Yes that's the ideal way because it's like choosing between average profit with security which is established coins and higher profit with higher risk without security which is new coins so it's advisable to do a through research about everything right from their team to partners and previous works and whitepaper. I think we need to give a try to new coins as well but not the entire portfolio but rather 10% or 20%.

It depends on the goal. For the long term investment, I prefer to hold established altcoins because it will be quite safe to a long time. Moreover, if the altcoins have been proven to always continue the development. It is a good reason to hold the altcoins for a long time. But if the altcoins have bad issues, I recommend to avoid holding for a long time. It is too risky if the altcoins can be delisted from the exchanges. However, for a short term holding, it is no problem to buy new altcoins. But make sure they are potential altcoins, we don't buy random new altcoins!

I will go for the new one. The existing altcoins are not getting hyped and this is a key to make you a lot of money. FYI, the money was always jumping from one token to the another token depending on the hype. Look at so many new meme tokens that keep reached higher ATH. it means that if money was always rotating.

I have old tokens and the performance from this token is not impressive compared to the new token. I made 10x in less than three months from SEI while my old investment gave 3x. SEI keeps break new ATH while my old token get stuck.

Not really. People used the established coin like ethereum to get more benefit like stake it to get airdrop or retro drop. They will lost nothing and get free money from their staking. This is the advantage owning the stable coin like eth.

SEI, SUI and many more.

Those top 5 altcoins you mentioned are not moving in the bull market that is going on. And I don't know if they have their own bull market to run. Although Ethereum hit it All Time High as the rate of $4,6+k before coming down. But their movement is like a millipede. Therefore I will prefer you to invest on new projects or up coming project to make profit because has the purchasing power is low when the price hit the highest rate and you have already gotten some in your wallet then you make cool money from them than waiting for those old coins to rise again in the years to come.

But investing in new projects has a high risk than the old projects because the new projects can collapsed while the old ones have established and it is stable now. So there is an assurance that it will rise one day.

It depends on various factors, as all the established projects are not good for investment anymore and all the new projects are not safe either. If you are thinking about investing in old major alts like LTC, BCH, ETC, EOS then i wanted to tell you, wait, there are better alternatives than this. Also, if you are thinking about investing in a new project, you need to check the team behind the project, their roadmap, their backers, and why this project is necessary in the market. An investor should be careful when he wants to choose a project to invest in, as all of them won't give profit.

Existing ones are the best. This is because you’re sure that they are here to stay and not just for the moment. New altcoins can actually give a lot more profit in shorter time, but you never know how long they’d last. So to be on the safe side, it’s better to make slow and steady gain with lower risk than one that can be spontaneous but your money could be negatively spontaneous too.

Many people want to get profits in a very short time while investing in coins, while others wait a little longer. New coins offer good profits quickly, but there are many who prefer established coins because it doesn't matter if it takes a while to get profit from their invested money, basically they have less fear of losing their investment in established coins. I would definitely choose SOL, ETH and BNB coins as they are established coins in the market and investing in these coins is very low risk if you wait for the upcoming bull run. If the new projects look very profitable temporarily but there is no guarantee of how the coins will perform in the coming days. I am definitely willing to invest in established coins even if I have a small amount of money.

How about a healthy mix of both? But then you have to be really careful with the new ones and only choose altcoins with the maximum growth potential which isn't always easy to gauge and people end up chasing the wrong ones because of FOMO. As for the established ones, I am a fan of Solana, Cordano, Ethereum, Chainlink, XPR, etc. these, alongside Bitcoin, in your portfolio is a good, low-risk strategy. If you want to be more daring, you can experiment with the latest memecoins as well. But these are definitely high risk, same with the new and emerging coins. The trick is to diversify though.

If you're curious, you can take this quiz to figure out the type of crypto investor you are: https://r100k.com/what-type-of-crypto-investor-are-you
P.S. you get a free cyrpto book with the result!

It is still possible to diversify on one category only, preferably the established coins, we already know why and its name says it all (established). They are a go-to for those who want to earn a good profit and a much guarantee one. Hypes, narratives and trends sounds the same, and riding their waves are very risky, so they are not worth it. Knowing if which coins are among those category is still easy because they are in the headlines.

Being smart might play a role here because we can search for the origin of those coins in order to become an early bird at them but it's still tricky as some might only be a scam and manipulators will ensure they can only or mostly benefit.

Literally new coins will give more profits than coins which is existing for years and the reason is obvious short term hype which makes it suitable for short term trading/investing. But how we are going to pick the coins cause there are hundreds of projects launched but only a few can end up giving profits so finding that project is based on luck than anything else which makes it as non reliable to be sure with our capital.

Yeah that's a good approach but the problem is that how we can save newbies of the traps that are set by the course sellers and affiliate project promoters who don't bother whether it'll benefit or loss someone they just do it for the sake of their affiliates profit.

It's very important to launch campaigns and educate people on how they can save themselves from the wrong investments. I'm not saying that all the new projects are scam and you should never Invest that but the point here is that we should be very careful while investing especially from these types of course sellers and affiliate marketers.We should not completely depend on them rather we should do our research as well.

Agreed. The problem here is we cannot ride over luck as we are aware new coins have more potential to provide better profits but they have very thin chances of being successful as there are many projects dumped in the market everyday so even if it's a good project it would be difficult to handpick it that's the problem.

I always prefer established currencies for investment. I don't like new projects much for investment. Below are some of the coins I like among established coins: Bitcoin, Ethereum, Binance Coin (BNB), Solana, Dogecoin Cardano etc. I like all these coins and proceed to invest with all these coins. I trade with new project and take some profit from it. Trading from new project I understand new project is risky but profit is high but I don't support long term investment I support short term and trading.

Well, that's the headache for every investor. They can choose small cap coins if they want to make huge profits but chances of finding a project that is going to be successful is very thin or else they could choose the bitcoin or existing coins that's know to stay here for long will grow gradually nothing will change overnight can give profits in the long run.

Yes we both want to find profits with affordable capital but get more decimals with brilliant new altcoin progress ;D, unfortunately it's like looking for a needle in a haystack sir. There is but the progress is very long there are also sometimes even no liquidity when listing on dex :) . YES you are right it is better to ethreum or layer 1 which has been tested in the market. Indeed, when there is a new project, some people may look forward to and buy for fun, it doesn't matter for daily scalping or entertainment, outside of a serious portfolio for the future. so that when the dump still has capital and asset custody if there is a moment when the favourite coin wants to be bought back. indeed trading cannot be guessed which genre will profit first but with the spread of the trend it can change at any time, allowing harvesting or even both.

Yes, 10% to 20% should be good enough for one to try their luck in newly launched cryptocurrencies that tend to have good potential for long run because they are backed by good projects and they have something to offer to the industry compared to completely useless cryptocurrencies, mostly meme coins or shit coins that we see popping up every month in large quantities.

Some people tend to invest a large percentage of their capital into new projects and cryptocurrencies, I find that to be a risky move because one should have most of their portfolio filled with already established cryptocurrencies and only a small percentage should go for those new cryptocurrencies.

New coins may be able to generate higher profits, but every time I try to trade some new coins I never get good profits. Maybe I'm unlucky and less skilled at analyzing new coins, so I trade more often in established coins. When trading in established coins, I always get maximum profits, and in my opinion it will be safer and far from potential scams. I mostly use coins like ETH, BNB , SOL and XRP. Maybe the coin's price jump is not as surprising as the new coin, but I think this coin is very promising. So I don't want to take a big risk on a new coin.

judging from what category a project resides in could help too for example a dapps coin usually won't have that long rally its usually just dumps after a moment, but blockchain coin could give good profit for long term holding, but yeah existing coins usually have the reassuring advantage that its not gonna go anywhere it could be having massive dump and will still be there for the next few years giving us opportunity to make up for our losses by simply holding.
so if a certain person wants a reassuring investment that could be hold for long term even if we have floating losses simply choose the existing coin, its not like these existing or established coin are giving off smaller profits anyway. solana for example give massive profit for the early holders.
otherwise just go with newer coin if someone wants full fledged speculative nature of new coins.

You are very correct. Just today I remembered when I bought BNB for a really low amount. Looking at BNB at $500 is really crazy. So yes, these altcoins aren’t so bad for one to look up to the new ones. I believe that most people who want to invest in new altcoins are hoping it will give more profit but it’s better to have sure decent profit than an unsure huge one. Unless you have the money to risk.

In reality, I feel like the new/old distinction isn't too much of an issue because we often get FOMO during price increase cycles regardless of the product's age. And as long as bullish sentiment is enough to make us act, either way, there are opportunities/risks.

Like recently I was considering choosing between TONCOIN and SOL, but looking back, both have had strong performance with quite impressive price increases. So no matter from any angle, the investment plan should be clear from the start and accept everything that will happen even if it is a bad situation.

We can definitely say that the potential of new altcoins is much higher than that of old coins. But at the same time, you should understand that where there is high profit, there are high risks of losing your deposit. Therefore, if you still decide to invest in new coins, then it is necessary to allocate a small part of the deposit for these purposes.

But, there is still a difference. When you FOMO into an old cryptocurrency that has been around for quite some time and has been doing very well, even if it drops in price after you purchase it, you will rest assured that it will at least go up again since it has a good track record. However, if you FOMO into a new cryptocurrency that doesn't even have a track record and there is no historical charts or patterns available for you to evaluate, if it drops in value after you purchase, you don't know whether it will regain value or not.

So technically, it is safer to invest in cryptocurrencies that are old even if you FOMO and buy at the wrong time, you will at least have some peace of mind knowing they won't go down and stay there forever but that happens with new cryptocurrencies and we can see thousands of such cryptocurrencies in exchanges that are down and don't go up at all.

Yes that's exactly my point wherein the coin with high profit definitely comes with high risk and the problem nowadays are FOMO as we tend to invest in a particular coin just by looking at the market trend and pump in its price by skipping the strategy we have planned. It becomes difficult to be on our strategy when we see sudden surge in price of a particular coins. But yeah have a certain fund reserved for such high risk coins will be a better option.

for now I prefer altcoins that are already stored in my portfolio, and am not at all interested in new altcoins even though they are on the rise, currently the altcoins that I hold are ethereum, binance, terra luna, xrp, cardano, and solana, according to I think this altcoin has very good prospects, of course this coin is also in the top 10 cmc, so the opportunity to get very high profits in the future,

If you're new to the market then obviously, you'll choose those that are new to the market because the existing ones might find you uncomfortable because of their price. You'd say that they're priced in and expensive to start with and that's why you'd try your luck to go with the newer ones. But in the end, it's your preference that shall show how profitable this market is but we the quite old ones will stay to what has been profitable to us like with BTC/ETH.

Normally new altcoins give more profits because the old altcoins have tons and tons of bag holders. These bag holders are usually going to sell at break even or near break even so there is more sell pressure. Sometimes if there is much much more demand than supply, like with Solana for example, then the altcoin can still reach new highs but that is not common.

A new altcoin generally has everyone in profit and they are less likely to sell when there is a small move, hence its why they usually go 10x and more people end up making money. Go look at the CMC of 2017 and see how many of those mid type alts are dead right now and bag holders is the real reason.

Before diving in an investment you need to always ask yourself why?

Why am I investing in this? If you have a reason in investing to a particular coin then you have answered 90% of your question. Established coins like the ones you mentioned and a few others, if you ask me I'd say if you're going in for a long-term investment then you have them on your radar. It's also good to have exchange tokens BNB, BGB, Okx etc because of the benefit that comes from the token in their various exchanges and the possibility of rising just like BGB has this past few months..

Then if you're going for short-term investment you have to have this in mind. These coins are the ones you will be haunting this bull market to give you quick profit. On no account should you hold longer than expected.

its always temporary hypes that helps these new altcoin to gain some price increase, fluctuation is also caused by the hypes too so its not something unusual to see the price going up massively, these new coins when got listed in some exchange like binance usually reaches trading volume of billions that means massive volatility right there where the price hasn't stabilized yet and haven't found any good price point for it to stay.
also i agree with your words about these mid alt usually just dead after a bullrun cycle there are many prime example of that the previous bullrun coin like EOS and so on are thriving right now they are overshadowed by newer coin, personally I would never invest in these alts for more than few months, at best i just cash out after few weeks in if the market is showing good signs just for the sake of not getting trapped in investing in these altcoin for too long, the risk is too much for long term holding with these altcoins, if its for long term definitely prefer the existing established coin that are not losing its trading volume compared to previous bullrun.

It is only in theory. Nowadays, new altcoins only give more losses because most of them are easily dumped after they are listed in the first exchange. Meanwhile old coins may give good profits because we can buy them with cheap prices during the dump in the market recently. Then, we can sell them in the next altcoins season.

Unfortunately, it is no longer the new altcoins in 2016, 2017, or 2018. In these years, I know that ICO was very popular and people can easily get enough profits from the new altcoins getting from ICOs. Nowadays, it is very difficult to get profits from new altcoins, moreover if the new altcoins have very low day volumes in the market. They probably will end up to be dead altcoins.

The main reason for investing in any project is to make a profit. And the higher the risks that involve investing in new altcoins, the more profit you can theoretically get. But most people forget that high risks usually lead to the loss of the deposit.