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Author Topic: Are old coins no more profitable  (Read 6012 times)
Louis21
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October 17, 2018, 01:11:22 PM
 #661

I don't think this your findings entail all the old coins in cmc because I see that some of them are still profitable, what makes you think like that is because of the present market state that has affected virtually all coins.

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October 17, 2018, 02:49:36 PM
 #662

Old coins - new coins all are relative,the prices in exchanges are generally driven by traders so considering utility,usage and many other factors.From mining perspective old coins are never profitable as mining charges and difficulty increases each day.Every coins need some catalyst,updates,user friendly and buying/selling platform minimizing trading charges.And it is quite obvious that every new project takes its own sweet time to mature.There have been many good coins considered to be sleeping giants it is us who drive their prices. Wink
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October 17, 2018, 02:53:32 PM
 #663

This is probably the most unfortunate idea that has arisen in your head, because today it is obviously very profitable to buy exactly old projects that have previously worked and were popular, it is beneficial for everyone.
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October 17, 2018, 02:57:16 PM
 #664

It Depends really there are also some old coins that are profitable, in my case I just sold yesterday the coins that I was ho,ding for a year and half with almost no value but yesterday I sold it with a fair enough price. But also there are some coins that after they were listed in exchange the value is still high and as the time goes by they were no value at all.
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October 17, 2018, 04:05:18 PM
 #665

I don't agree with you as bitcoin is the oldest coin but still have the highest market cap of this market and everyone have BTC in their portfolio. It can apply on some coins but not all.

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October 17, 2018, 04:08:33 PM
 #666

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

for me old still gold,, wich mean an old coins still become a good opportunities, and have a lot of chance to grow more than new listed token/coin.
i believe new coins or tokens, but only a few crypto not all my friend

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October 17, 2018, 09:13:23 PM
 #667

It all depends on their capitalization. If the capitalization of these projects is not very large, they can become quite profitable, they need only a small push.
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October 17, 2018, 09:42:48 PM
 #668

It all depends on their capitalization. If the capitalization of these projects is not very large, they can become quite profitable, they need only a small push.
In any case, everything depends on the project, because Even despite the poor state of the cryptocurrency market, many investors still invest their money in very good companies. But here you need to have a guarantee of the prospects of the project.
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October 18, 2018, 04:42:25 AM
 #669

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

Yes they are still profitable, maybe it just happened that new coins or tokens provide more volume than the old ones. Also many investors tend to put their money on new coins than the old ones.
I won't agree with you concerning many investors tends to put their money on new coins because people are not investing in ICO like before and it all started when ICOs scam issue occurred. Meanwhile, some new coins/tokens are gaining profit and rank on CMC cause they fix the vulnerabilities of old coins.

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October 18, 2018, 04:57:01 AM
 #670

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 believe there still old project and old tokens that are profitable. It only depends in the development of their application and their project. Investors are seeking for a growth and development to one project . If the old project is still continue to impress people and investors then I think their tokens is still profitable.

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October 18, 2018, 05:07:07 AM
 #671

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
As far as i know it's yes, there are no possibilities that the coin is a scam, since it already trade able in the market. Also we are able to analyze the market condition on those coins.
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October 18, 2018, 05:12:23 AM
 #672

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
Wait for monero or waves, which are still useful and profitable. And this is just a little, so I think someone who wants to make a profit will find it in any coin.

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October 18, 2018, 05:26:57 AM
 #673

My opinion, actually investing in crypto is high risk. Investing in Old coins get small profit but got low risk. And investing in new coin maybe get big profit but very high risk. Please consider before investing in crypto. My advice is to invest in old coin for safer!

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October 18, 2018, 05:41:48 AM
 #674

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

too many altcoin and too many scam project in market now  Sad for my opinion, old coin still profitable just liked LV, Gucci. New coin liked Mk, Longchamp  Grin
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October 18, 2018, 06:07:45 AM
 #675

Until now, old coins can still be profitable and even a lot of people who still hold the old coins. Old coins still have huge potential and they have a team that can promote it well to get investors. But there's also the old coins are lost because they lost investors.

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October 18, 2018, 06:15:05 AM
 #676

It seems like the older proof of work coins dont get much love anymore. Newer investors seem so interested in POS.

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October 18, 2018, 06:36:05 AM
 #677

I don't consider old project or new, it all depends on the project itself, a lot of old projects have proven to be useless and die, and from the new lot do work projects with unique technologies. It seems to me that in the future, on the contrary, new projects will be created better than the old.

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October 18, 2018, 06:38:04 AM
 #678

Yes, there are lot of new coins listed on coinmarketcap weekly/daily.

More number of coins = divide of money and lower the value of coin until new money comes in market
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October 18, 2018, 06:47:18 AM
 #679

In fact, there are many such coins. 0x, CVC, CND, UTR.... This list can be continued for a long time. There are a lot of these coins, they just do not make noise in the media now, but simply honestly work on their project.

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October 18, 2018, 08:13:08 AM
 #680

I think if the crypto market starts to grow, the old coins will go up first. Most of them are proven projects with ready-made solutions and business products.

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