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Author Topic: Are old coins no more profitable  (Read 6012 times)
Vishnu.Reang
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September 30, 2018, 02:45:17 AM
 #481

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

Some of these newer coins look quite overpriced for me, and ultimately they will go down. On the other hand, the old coins still retain all the top-10 slots. The prices look depressed, and they will rally once the Bitcoin prices recover.
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September 30, 2018, 03:05:41 AM
 #482

The top 10 coins in the marketcap are coins that are more than 3 years old, this proves that old coin is a safer investment than new coins, I never worry about holding old coins for the long term.



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September 30, 2018, 03:48:16 AM
 #483

In my opinion, old coin have tight competition with new coin with many feature. Investor must be choosing new ICOs because they provide many information about their project. Different with bitcoin, bitcoin is old coin but its a pioneer with good network security and having a lot miner

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September 30, 2018, 04:02:19 AM
 #484

Always old coins less profitable then new developed.
New coins offer new technologies which want beat old coins and have interest from community on start, this makes their price more volatile

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September 30, 2018, 05:00:08 AM
 #485

At the moment, copper has been in existence for many years as Bitcoin is still developing strongly, and investors are still investing heavily in Bitcoin. They view Bitcoin as something that can not be changed, which attaches to the Internet. Increasingly, Bitcoin continues to grow, not only to help them gain market presence, but also to help them with their old coin, but their influence on the cryptocurrency market is strong.
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October 02, 2018, 11:40:37 PM
 #486

This wrong, no matter how old a coin is as long as there are investors in the coin and people willing to put their money in it then they can make you money. It is just a matter of time just like other coins and with old coins you can be more sure that they are less likely to die out when you are holding the coins for the long term
The guarantee of safe investment in both old and new coins is vice versa because some old coin are not good for long term investment same as some new coin either and if a coin still have some investors who still put money in it doesn't mean it will yield a good return.
Not all old coins remain competitive after a long period of development, and most of them are in a downturn or even disappear. I don't think it's a good thing to hold it for a long time.

You're about the disappearance of some old coins which have the require utility to survive the crypto market and this why it is very important if ones wanted invest into old or new coins ones must invest into coins that have huge community support.

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October 02, 2018, 11:48:46 PM
 #487

Based on the situation for the past one year, old coins are almost worthless nowadays. Better not to expect because it will only lead to disappointment. Let us just hope for the best.

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October 03, 2018, 12:15:17 AM
 #488

This wrong, no matter how old a coin is as long as there are investors in the coin and people willing to put their money in it then they can make you money. It is just a matter of time just like other coins and with old coins you can be more sure that they are less likely to die out when you are holding the coins for the long term
The guarantee of safe investment in both old and new coins is vice versa because some old coin are not good for long term investment same as some new coin either and if a coin still have some investors who still put money in it doesn't mean it will yield a good return.
Not all old coins remain competitive after a long period of development, and most of them are in a downturn or even disappear. I don't think it's a good thing to hold it for a long time.

And that just like namecoin, it's even older than litecoin but it doesn't have any good development progress, the daily trade volume still remain the same.
that depends on how the vision of the project itself to create a product. remember this not all of oldcoins are so profitable in these days.

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October 03, 2018, 12:39:14 AM
 #489

right, what happened now is not right and will likely happen again in the future. many say it will happen but the reality is different that is experienced today. I just hope what I do is to be the highest part. I hope that at the end of the year there will be a very high increase and that motivates me now.

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October 03, 2018, 12:46:25 AM
 #490

If you see in Coinmarketcap that the price of old Coins is higher than new coins,but it depends on the team who makes the project if they are always making improvement and good development to make their Coins always active and competitive all the time.


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October 03, 2018, 12:48:10 AM
 #491

Old coins are more safe to invest and hold for long term. It might be true that the profit is not much because they are already stable compared to the new coins. Good thing about it is your investment is safer.

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October 03, 2018, 12:53:20 AM
 #492

Well, btc is the oldest coin out there and it is the most valuable lol.

There are plenty of older coins that are profitable.
In fact, the older the coin, the more established it gets and solidifies its value.
Newer coins are subject to speculation and can be unreliable.
That's why, like you mentioned, the top 200 is totally different from just 7 months ago.

As the market matures and things progress, it is natural for older, established projects to have the most value.
Look at something similar, the dot.com bubble.
As time went on even after the crash, companies like ebay and amazon became even more valuable as time went on.
That's because older companies have had more time to establish chunks of the market share.

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October 03, 2018, 01:16:43 AM
 #493

Well just look at what Ripple XRP did in the last couple of weeks. The #3 coin on Coinmarketcap was able to double its value. And Doge had a huge pump recently as well... so even old coins in the top 100 still have room for huge gains.

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October 03, 2018, 01:23:12 AM
 #494

Old Coin prices are higher than new coins, but it depends on the team making the project if they always make good improvements and development to make their Coins always active and competitive all the time.
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October 03, 2018, 01:24:34 AM
 #495

I think old coins can still make significant gains. But it seems like the really crazy price pumps come on coins no one has heard of that burst onto the scene. I've only been lucky enough to have said coins a couple of times.

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October 03, 2018, 01:25:42 AM
 #496

Old coins are among the best and although the profit from them may not be as large as from new tokens or altcoins, but they are more stable. Bitcoin, Ethereum, Ripple.

maybe new tokens or altcoins can provide big profits seeing their price changes can go up thousands of percent. but the risk can be
very large? different from old coins which are more stable and less risky like bitcoin, ethereum, xrp, and so on..
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October 03, 2018, 01:29:26 AM
 #497

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

It really depends on how the people behind the project, specifically the marketing department, as to how will they make their tokens become as profitable as bitcoins. There's usually a long term plan for a lot of projects we subscribe to and they indicate there their future plans of development for the token you're about to invest on.

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October 03, 2018, 01:34:22 AM
 #498

The value of a coin is not determined by the age of the coin on the market. The worth or value of a coin to generate profit depends on its performance on the market which results from the demand of the coin on the market. Coins with good ideology or product backing are always worth holding to generate profit.

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October 03, 2018, 01:36:59 AM
 #499

Well just look at what Ripple XRP did in the last couple of weeks. The #3 coin on Coinmarketcap was able to double its value. And Doge had a huge pump recently as well... so even old coins in the top 100 still have room for huge gains.
That's  a good example if you are monitoring the current flow, those two old coins are making its way to compensate the investors who keep supporting
the project, though we are seeing a lots of bloodbath and ongoing downfall, this coins manage to give some blow to rise back again, most of the time old coins who's just waiting for a good timing to pumped really provide much better gains in the long run.

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October 03, 2018, 01:50:54 AM
 #500

I think the old coins are still profitable but not so much the price increases I know just because the price rises before they're released project but it's still profitable because they know that investors want to be new coin because the price is fast rising but the price is still falling with holds old coins with potential and longterm coin.

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