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Author Topic: Are old coins no more profitable  (Read 6012 times)
readygoaw
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August 30, 2018, 09:46:20 AM
 #141

indeed, old coins are now very far down due to the impact of decreasing bitcoin.
and just look at not old coins that aren't profitable at the moment but all the altcoins too.
 and we are waiting for the market to stabilize.

I feel being confused a little bit. What is it - OLD COINS? are these the cryptocurrencies that appeared years ago? If yes, many of them are still very profitable.
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JMD07
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August 30, 2018, 09:59:02 AM
 #142

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley
I think they just left behind by those newcomers that has only hype to attracts more investors to buy those coins. For sure in the end those coins that has real product and with good community support will take the best spot on the coinmarketcap. Nothing to hurry as project development will take time before it bear the fruits of their project.
moschinot
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August 30, 2018, 10:01:18 AM
 #143

I do not think that old coins are unprofitable. I'm still loyal to the old coins and I think that they can make good money on them

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monster2
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August 30, 2018, 02:05:24 PM
 #144

It is also difficult to raise the price of old coins today because there are also many new coins that investors want and here they are buying.

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edsnowangel
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August 30, 2018, 02:12:59 PM
 #145

The thing you should consider is that is the coin development team are still active and still innovating?
or not? if you can see that there is still development then the coin is still profitable like bitcoin the development of bitcoin is very active that's why it is still profitable.

sd
Juliedarwin
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August 30, 2018, 02:13:29 PM
 #146

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley

Old coins are still have a lot of chance to have and make things possible to become profitable. Not even all coins are same big value but for sure that coins are not going to become useless coins.
tegarp90
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August 30, 2018, 02:14:24 PM
 #147

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley

not really, all coins are depends on what they do to their project, if they do great , a lot of investors will buy it for a high price ofc.
So, it's not depends on the age of the coin
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August 30, 2018, 02:41:14 PM
 #148

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley
Well it wont be really profitable if they were listed in pump and dump exchange or if they were listed in major exchanges but the team isn't active on marketing then it might go dip as other coins

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August 30, 2018, 03:04:25 PM
 #149

Its only now that the price dips as everything did as well. A year later those new ones you see as new and are more advance token are going to be old too.market despite the competitors of NEO being lost in the pages of history.
Cassidyblaze55
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August 30, 2018, 03:27:05 PM
 #150

Old coins are still very much profitable in my opinion. You need to select the coin that you need and monitor if their are fundamental news coming up. Also, you can use technical analysis as well to determine when it wants to make a rally upward so as to gain from it
As roma
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August 30, 2018, 03:36:54 PM
 #151

I  think old coin takes time to get be profitable in the market but it's depend on the project and the team who handle it. It will happen to the project if the developer will scam thier investor and gone like a bubbles. In this crypto world I learned how powerful the "be patience" in every project.


I think the old Coins are extraordinary, we now hold a new coin to make it old and sell when it will fully develop and the price rises high.
It depends on development, I believe that the old Coins are the most potential Coins we need to invest. This is all because some old Coins are fully developed and many people around like now hold old Coins and wait for enemies when it's best to sell and produce.
daotan123
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August 30, 2018, 03:38:09 PM
 #152

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley

I do not think so, so at the moment all markets are going down so much, so all new and old coin are discounted. Whether the devaluation is more or less depends on the true value of the project, the development of the project is true for the roadmap, not depend on the new project or the old.
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August 30, 2018, 03:56:54 PM
 #153

This is not true.Especially for those who are not aware or not into technology.We can still use it as a source of payment.The only difference is that bitcoin is digital and fiat is real money.

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adiva16
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August 30, 2018, 04:17:08 PM
 #154

I think old coins can still go up, the trend now is when Bitcoin drops altcoins also goes down and Bitcoin rises altcoins also rises, and now many old coins follow that trend, when bitcoin will be pumped, altcoin will also go to the moon..
ololajulo
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August 30, 2018, 04:21:57 PM
 #155

The coin on coinmarketcap are not arranged base on trade volume or active market state but on the whole market capital of the project. A 2 million dollar project may have a active trade volume but because of the volume may not make the top 200 top list

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ChannaJay
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August 30, 2018, 08:49:37 PM
 #156

Hello ,

It seems like very Interesting topic.

Actually , we cant say the exact answer for this. Because I have seen some scenarios , old projects will boost suddenly and they will earn huge profits.

Thanks a lot.
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August 30, 2018, 09:08:45 PM
 #157

profit from coins depends on trading of this currency.If the coin was success and has a demand on crypto world then yes old coins are still profitable but if it has no demand on market and no trading traffic with this coin then it will bring less profitand slowly its price will discrease day by day But yes I will not say that old coins are not profitable any more,because in crypto market it is not so special that any coin goes on a top rank..suddenly..
and if doesn't happens then he can just sell those coins.
 
Caxton10
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August 30, 2018, 09:21:29 PM
 #158

I don't think because new coins are within the first 200, they are more profitable than old coins. So far as old coins have volume as well as market cap, they are profitable as well.
Harrisonimo
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August 30, 2018, 09:26:36 PM
 #159

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley


I have thought of this recently after checking my wallet recently; will these old altcoins get value later on or I am just having them as souvenir decorating my wallet. Another thing is the hope of the market rising and the altcoins reliving its main course.
DAVETUN
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August 30, 2018, 09:29:16 PM
 #160

Old coin with an existing product/ service in the cryptocurrency space, is worth investing on, as it tends to give real hope to new investors, new coins coming up can also be checked out, just ensure you do your research about such project before investing, as the space is filled with several scam project.
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