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Author Topic: Are old coins no more profitable  (Read 6012 times)
taguig
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October 07, 2018, 03:13:13 PM
 #581

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
The top 10 coins in the market are old coins the oldest coin in the market, of course, is the most profitable coin in the market which is Bitcoin so are Ethereum and Ripple, so if you want steadiness in your in your investment then go for old coins that are a year old or more.
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suzanne5223 (OP)
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October 07, 2018, 05:51:46 PM
 #582

old coins may be quite a lot of interest because it has been proven to survive and compete with the new coins. Thus today many new coins that appear but not too give you results according to expectations. However, whether it can produce and develop or not will depend on the team behind the coins themselves are able to pick up a coin for the better or not.
Yes, most of the old coin have proven there worth by surviving the market but some old coin developer are not working round the clock in other to make their project standout which was some of the reason why some new coin replace there position on capital market and like you said every depend on the team capacity.

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October 07, 2018, 06:05:24 PM
 #583

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

If we see the logic here, base on a graph of a cryptocurrency, if it still has a good market value, we can consider it as profitable since there is people that supports it like investors and traders. Meaning to say, as long as there are supporters of a Coin, it will always and forever be profitable. You should just believe in its capabilities.
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October 08, 2018, 01:39:12 AM
 #584

on the contrary, I would advise you to invest in new coins because they are more reliable and have long made it clear that they are reliable and can bring a lot of profit

you are right there new coins means they have new innovations but I am not saying that old coins are not profitable they are also profitable because they have a reputation in the market

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October 08, 2018, 02:09:35 AM
 #585

If old coins can continue to update the system following the flow of the times and the needs of the people, I think they will be easier to maintain their existence. Because it will be favored by many people and will give each other a good return in the form of satisfying benefits.
However, there are some of the older altcoins whose existence is increasingly critical and is at the end of fate because they lack good skills, so they don't have a community to continue to support it in crypto.

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October 08, 2018, 02:28:50 AM
 #586

For me if some old coin still have great & reasonable trading volume above $1M or something it should have some profitable side. But if some coin have daily volume less than 100k it is so risky to expect some profit from this kind of coin. And the others things is just look how developer & communities treat their coin development.
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October 08, 2018, 02:54:12 AM
 #587

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 usually tend to be outdated technology compared to newer alt coins released nowadays. Naturally, obsolete technology would die off in the market because of its usefulness. I guess it works with cryptocurrency as well. If you're seemed to be useless, demand will die and eventually, the token will follow.

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October 08, 2018, 02:58:34 AM
 #588

Yes it's happen with me too, I have lot of coins and many are old then 6 months and daily they are down.but I still hold it.

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Slash61
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October 08, 2018, 03:03:10 AM
 #589

Yes it's happen with me too, I have lot of coins and many are old then 6 months and daily they are down.but I still hold it.
a period of 6 months I think still belongs to the young, some project indeed takes at least a year to be able to see the price of their actual tokens, some even more than that. old coin problem more profitable I think it relies with persons holding the token, because some people definitely prefer to sell their old assets and bought him a new coin that is larger and has a more fresh markets.

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October 08, 2018, 09:50:44 AM
 #590

I am not sure that BTC for example is not profitable any more. Old coins are profitable and what is more they are more valueable than new ones thank to their experience on the market.
dubynin.ilya
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October 08, 2018, 09:54:03 AM
 #591

Hard to say from one side of the new coin may be more technologically advanced and more in demand, on the other hand they are new and what further steps nobody knows if the old coin is firmly entrenched in the top 200, has a trading volume in the market and news of the project saying that the project is not dead and the developers are diligently develop the product. I would be in this case it is better invested in old coin.
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October 08, 2018, 10:02:00 AM
 #592

I don't think so that old coins are not more profitable it's market that's effect the market and also altcoins and some coins are click it would be change the table value so don't think that old coins are not profitable just wait and hold it.
all the coins used in cryptocurrency I think all have shortcomings and advantages in each coin and the development of the coin depends on the investors themselves the investors' confidence in the capital needed in the investment
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October 08, 2018, 10:07:03 AM
 #593

That is not true, if you look at XRP, you will see that it has shown some phenomenal growth. The same has been shown by TRX as well. The coin rose around 10-20% in the last few days.
So you cannot really write these old coins off. The new coins hardly have any volume and the best way to make money is to still go for the top 100 coins.
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October 08, 2018, 10:13:06 AM
 #594

I am not sure that BTC for example is not profitable any more. Old coins are profitable and what is more they are more valueable than new ones thank to their experience on the market.
I totally agree with you. for me, old coins are always more profitable than new coins.
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October 08, 2018, 10:15:57 AM
 #595

My opinion is that the old coins are very profitable compared to the coins that appear now, if the old coin the price is very stable when the price falls rapidly normally, in my opinion it is better to invest in coins like NXT, the DOGE is one of the altcoins that can provide profits in the year 2017 all participants.

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October 08, 2018, 10:17:28 AM
 #596

I can deny that you are right to a resonable extent but there are some old coins that that are still great be it in terms of capital base, number of investors, trade volume etc and good examples include bitcoin and eth amongst others but certainly some new projects are coming up with very smart ideas that is improving their status daily

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Blackhammer321
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October 08, 2018, 10:20:25 AM
 #597

I don't think like that, I think old coins are still profitable. maybe there are some old coins my price is down, but in my opinion this is a natural thing. just try to look at the data on the graph

Sort of it is. There might be a changes or some of the coins, old coins, to be exact meet its maturity. Therefore they failed to continue there fame. But then as we can see bitcoin is the most old coin, it is the first created and we can see that it os still the king and continue to reign.
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October 08, 2018, 10:27:24 AM
 #598

Not yet.  Because now all the coins have gone down and are waiting for the main coins to take off!
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October 08, 2018, 10:30:57 AM
 #599

Old coin have remained consistent,  I have seen many new coin rallied and become dumped and no one is buying them.  The old coin however remain stable with many traders trading them regularly!

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October 08, 2018, 10:40:28 AM
 #600

Old coins are still profitable, they will increase anytime like XRP unexpectedly mooning so old coins are still profitable and I think they are good for long term investment.
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