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Author Topic: Are old coins no more profitable  (Read 6054 times)
liseff3
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September 04, 2018, 04:37:20 AM
 #221

Both old and new coins, as long as they can bring innovation and change towards a better again of course can be beneficial to each holder. For those of you who have tried investing several times, it's time for you to review your investment portfolio. If you've invested for a long time, you must have felt the benefits of the investment that you have gained. So, what we have to do next is by maximizing your investment profits that's by how to reinvest existing coins into other forms of coins with different time periods and levels of risk.
bigblackdeck45
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September 04, 2018, 04:39:57 AM
 #222

It really depends on how well these old coins are doing and how much they establish in the cryptocurrency world. Some old coins are really quite still profitable specially those who are really popular. Bitcoin is one of the oldest coin out there and look at it, still very profitable right now.
shesheboy
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September 04, 2018, 04:55:01 AM
 #223

Your opinion Smiley
Newer coin tends to rank higher at cmc because they bring new hype but it doesn't mean that the old coin is not profitable anymore, it's just the ico phase is over and right now they are focusing on the development and there's nothing to be hyped until they release something. Usually they set the release of the plaform (or demo) one year after the ico so if there's still nothing after a year then I will reconsider holding that coin or not.

You're absolutely right. Usually a crypto currency is more profitable at the initial phase of its developing. But if the team won't abandon their coin or token, this crypto currency will evolve and grow further. For example, look at Dogecoin. It is an old coin that already mined and has no inflation. But people still use it for making a cheap transactions and recently DOGE has been pumped +30% on the crypto exchange markets.

Thus, an old coin can be profitable. It mostly depends on the community that support this crypto currency.

what about bitcoin? bitcoin is abandoned by its developer satoshi nakamoto but why it is still indemand ?  that will only define that coins can still grow even if they are abandoned or discontinued because people will still be able to use them for other purpose  , not just on why they are built .

profitability wont also matter on how new or old the coin is because profitability will also depend on your skills and abillity to understand on how crypto market works .
amonymous
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September 04, 2018, 05:01:07 AM
 #224

Actually I don't know this opinion because already I have to hold 100+ old coin but don't give me profitable.my hold time totally 7 month up, basically I don't know when this coin going up and give me profitable.
blockman
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September 04, 2018, 05:21:32 AM
 #225

Take the example of DOGE. The price increased few days ago and it's still high compare to the past price of it before the pump. Doge is one of the oldest coins in the cryptocurrency market and this is treated like a joke coin though that's true but it still has a good use for having lesser fees and faster confirmation. 

This probably depends on the users discretion of the old coins he's about to choose.
ichai
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September 04, 2018, 05:25:59 AM
 #226

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 that. Old projects are not going to stand still. They are taking a long time to enter their field and they need a long time to develop and capture a share of the market. So investing in some ICO projects is risky and takes a lot of time to make a big profit.

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Btcvilla
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September 04, 2018, 05:43:37 AM
 #227

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 don't think it will be very useful and bring big profits. except for large-scale trading.
I have more interest in altcoin top like eth, ripple and neo. according to my analysis, of all the altcoins that are spread in the most contested market are the ones I have mentioned.
deppil
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September 04, 2018, 06:48:02 AM
 #228

Old coins perhaps have no chance of going into profit again
and thus will have the value if it is necessary to invest.
However, what we can only expect from it is when its value will
rise again in certain considerations and handful negotiations.
Some of the old coins are impossible to be profitable again because of the great coins in the present. But some are still having a potential to grow and rise again.
Yeah even though the possibility exists but it will certainly be a little risky. there are many more potential altcoin and more innovative, even more sophisticated ones. it's better that you choose and invest in the new coin rather than looking for potential in old coins that don't necessarily exist
Ava Duvall
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September 04, 2018, 06:52:24 AM
 #229

Old coins can be improved, increased scalability and other functionality. Therefore, I think, there can not be any problems with them. This is especially true for tokens, for which a good functional product is important and no matter whether it is new or old. On the contrary, a long working crypto currency testifies to the reliability and relevance of this coin or token.
In a way I agree! They are still useful it depends on the coin if it is profitable of not
gwapoinside2
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September 04, 2018, 07:43:19 AM
 #230

For now the market is being depressed but if do not sell your old coin in low value only because when the market soon will be recover your old coin in market the price will be stable and it can be profitable just have a patience to hold it and wait for recovery not now but soon.

Corvin17
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September 04, 2018, 07:47:28 AM
 #231

We can't just say it yet if the old coins are not profitable anymore.. we don't know when those old coins will gain value. But I am sure those old coins can be used to convert to top token listed on CMC. Kindly retract those old coins if the developers is still promoting their tokens if yes, there is a chance it will like BTC and ETH.
uchiikina14
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September 04, 2018, 07:52:12 AM
 #232

No it is not true that when an one coin is already old then it is not profitable already. If the coin is old the price of it is more profitable than before it is launched.
elzjmirra
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September 04, 2018, 07:57:40 AM
 #233

The change occurred at the world coin prices change with crypto that is very difficult to predict. Old coins also experienced changes, if the coin is old does not have a great team of developers will definitely be lost. Old coins that have potential in the marketplace will certainly continue to survive and thrive.
DennyPen
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September 04, 2018, 08:05:22 AM
 #234

The change occurred at the world coin prices change with crypto that is very difficult to predict. Old coins also experienced changes, if the coin is old does not have a great team of developers will definitely be lost. Old coins that have potential in the marketplace will certainly continue to survive and thrive.

Though even some strong coins won't reach their previous peaks, as December 2017 was really insane.
Lexurdania
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September 04, 2018, 08:48:58 AM
 #235

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

Most oldcoin ignore by new investor. Beside that, oldcoin project dont have progress. Right now, many new coin from new ICOs dominating top 200 coin in market because new investor prefer choosing new project with good developers team. But bitcoin is oldcoin and i think not many oldcoin are profitable

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patrickj
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September 04, 2018, 08:53:38 AM
 #236

I don't think so, numerous old coin was drop cost and have more lower cost than previously. I have some altcoin on my wallet over two years, yet nothing change of their cost with still more lower cost. Perhaps require over ten years to see its be lower or higher.
Miklight88
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September 04, 2018, 09:13:24 AM
 #237

Old coin are more reliable than most of this new token , though they might not be in top 200 you made mentioned but are far better and have good potential to grow when the bull market return, don't also forget that most of the new token raised large some of money while in ICOs stage which gives them that opportunity to be in top 200 and when the real use and long in the market show case itself then we will know how strong and great they are.
megalith07
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September 04, 2018, 09:21:03 AM
 #238

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
LTC still is profitable and this is thought to be one of the oldest in crypto. It is as yet profitable in light of its price that keeps climbing still. Its solitary now that the price plunges as everything did too. After a year those new ones you see as new and are more propel token will be old as well. The more established the coin the more it turns out to be a decent coin.
glorybtc
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September 04, 2018, 09:27:10 AM
 #239

I think old coins that have potency are coins which development continues and the volume in the exchange is still stable
WUUEX79
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September 04, 2018, 09:29:24 AM
 #240

Between old coins and new coins, actually cannot be used as a measure in determining an advantage, however all of them depend very much on the activities of the people who are behind them, namely the developer and the community. If both are able to create a solution which's beneficial to its users when a problem occurs, I think they are worthy considered a more profitable coin.

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