Are old coins no more profitable

[12tribes]

New coins have the tendency of appreciating easily when they have a large volume purchase and value equity margin. If it is dumped however, it suffers massively and sometimes may make some to think they made a mistake buying them in the first place.
I will think that the top 200 are finding it difficult to make a break through above a present threshold which may not be unconnected with market forces determinants.

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[talkbitcoin]

so far what i see in the altcoin market is that a bunch of altcoins are created, then they are pumped and become big. they take the market by the storm and even go to top ranking positions. then after a while they become old and over pumped so everyone eventually leaves them and moves to the new set of altcoins that are coming to take the market by the storm and do the same thing these old coins did a while back.

[rodskee]

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

A month ago bttrex and other exchanges remove the altcoins not increase the price in the coin market cap
I think it's fair to decide coin market cap remove coin not give profits and i give chance to new project to go IN from list in coin market cap
Hundreds of altcoin are nit useful need to give way the new comers have an potential to grow
 

[ribowo76]

In my opinion, current conditions do make the majority price of coins / tokens depressed. Do not look at coins for long or not, and I believe. As the crypto market improves, then the price of coins / tokens will recover

[BitcoinGuruOne]

You are partly right, the tendency is that old coins are going down but some new coins are takeing their seats.
This is just how the market works, market loves new coins and to hype them , look at Pundi X and MTC, they were hyped and now they are down again.

This is fueled byt he potential boigger gains in smaller new coins.

[unEducated]

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. Many old coin now is label on what they call shitcoin. It will happen to the project if the developer will scam thier investor and gone like a bubbles. But if the developer is consistent to their project and many investor will believe on it. The time will come and all they hardwork will be paid. In this crypto world I learned how powerful the "be patience" in every project.

[mk4]

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. Many old coin now is label on what they call shitcoin. It will happen to the project if the developer will scam thier investor and gone like a bubbles. But if the developer is consistent to their project and many investor will believe on it. The time will come and all they hardwork will be paid. In this crypto world I learned how powerful the "be patience" in every project.

Not because a coin is old it doesn't necessarily mean it's a shitcoin. I think it's more of new coins than old coins being mostly in the category of "shitcoins". Remember, bitcoin, litecoin, and ethereum are the first few cryptocurrencies. Though it's debatable if the other 2 are useful or not, they're still not under the "shitcoin" category(compared to the other far worst coins at least).

[butlar44]

I think that Ethereum is the best old coin, it has a very good potential, but it hasn't been performing well over the past few months.

[Eigig]

If this old coins are still part of cryptocurrency market , then they have value and are still profitable , it nay not be higher as expected at least it is still can gain profits, they are of no use when they are obsolette already in the market ,and does not have value.

[iv4n]

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

Look at this on other way. Bitcoin is 6700 dollars, it will cost 14000 dollars again and it`s double money from now. Cardano is 10 cents, but it will go up for sure, you can make more than double, what is 1 dollars for cardano, it`s 10 times more on your invested money. It`s clear that you can make more money with some new coin, but how big risk is to invest in bitcoin and cardano? What you need to look to is for time period you think they will rise.
My opinion is that entire crypto market will go up, market cap will be trillions of dollars. Some coins will not deliver what they promised and they will fail, but with so many things going on on blockchain many coins from 1500+ coins will rise, which one more or less is up to you to try to predict.

[Manuel05]

Come to think of it you do have a point. I feel old altcoins that have been in the market way longer are under going strong correction than the newbies coming to the market. I know after the correction, all those altcoin will claim the previous positions and even move higher.

[Fatanut]

so far what i see in the altcoin market is that a bunch of altcoins are created, then they are pumped and become big. they take the market by the storm and even go to top ranking positions. then after a while they become old and over pumped so everyone eventually leaves them and moves to the new set of altcoins that are coming to take the market by the storm and do the same thing these old coins did a while back.

The sad thing about the new coins that "will change the way we *insert whatever adjective such as think or live*" is that they are nothing but pump and dump coins. What happens is that the people who were able to buy the coin at a really low price, they create a hype by talking about the coin a lot and how good is it. Desperate ones even spam the chatbox in trading sites just to get attention. Some were able to accumulate enough funds and was able to conduct seminars about the coin in different places, making people who knows nothing about the coin or cryptocurrency in general buy the coin.

It's one of the reasons why people think that cryptocurrencies all-in-all are scams, since they have witnessed such scenario wherein a seminar a new coin or project was introduced and they were promised that it will yield profits in the future but barely did (while the speakers know well that it's not since they are going to dump it), but that's beside the point. Best case scenario for these investors is that some of them will be able to sell at higher price while some don't. This way, the rest will just be thinking that they were too late to sell and it was their fault. Once they have created enough hype and they can finally see an amount of buy orders significant enough for them, they will now dump the millions or hundreds of thousands of coins that they are holding and then move on to a different coin. Sad to see but that's the nature of new coins.

What's funny is that new coins are coming so frequently that some coins don't even get volume anymore. They get listed to a trading site but since there are so many coins to choose from, some don't get any buyers at all. Hence, those who have bought during ICO, or even pre-ICO to get the best prices, will never be able to profit from the coin as the coin never even touches the ICO price in trading sites.

[BALIK]

Right now altcoins are taking a bashing, and it really depends on when you bought in to define whether or not you can realistically turn a profit. Even altcoins tend to fluctuate wildly now, so there's plenty of opportunity remaining. For now, don't hold alts for the long term, unless you're already in the red, which means you've pretty much got no choice but to continue holding. Open up shorts on Bitmex for those supported, and day trade alts to grab those few % points a day. Stick with the top 100 cap otherwise you might get rekt by pump and dumps.

[Radio-Active]

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

Not really. The old coins like Monero or Ripple is still be used by many peoples in the world. The price of the coin is down just because the market dropping now. Later when the market recovered, i think the old coins will be much profitable than now. Just be patience in this bear market.

[carlisle1]

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

Were talking about newly created tokens/coins here,meaning their admins and developers are active and the investors are looking goo forward towards their futire profit,thats why they have good faith.but you can see that 4-7 months ago is just the start of the year,and the all time high prices has just been ended so the fresh coin/token become the apple of the eye of investors specially when the dip happens when all of the old coins suffers bad shape

[Fundalini]

They are much less profitable since many people have known it now, so pumps would be less frequent. But they are more safe since they are already established in the market. As for the coins that are new, risks are far greater but the profit is good--they have the capacity to increase several hundred percent. Look at shield for example.

[hulla]

You're not the only one that monitor the changed in the coin market cap list and the last I checked the new project which was implemented 1years back claimed 31 spot out of the top #100 coin/token listed on CMC while new project claimed 68spot from #101 to #200 coins/tokens listed on CMC.
Meanwhile, I believe the thing that cause this situation is the new project learning from the old project mistake.

[billionaireSHS]

Old coins are also profitable but you know it is only a little bit of profit that's why many users or people prefered to invest in bitcoin because in there you can make a bigger profit. People are being technical nowadays, even there is a high risk they are still want to invest as long as there is a big profit in return.

[callyf]

I not think so all have there by marketing and profitability

[tunapa]

Yes they are no more profitable. Things has changed. Most of those projects are not valuable again. They are just taking place on cmc, no more development on them, no more updates and many more.