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Author Topic: Best performing "old" coins on the market?  (Read 646 times)
Vishnu.Reang
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August 18, 2020, 06:19:39 AM
 #61

Litecoin constantly rolls out cool updates, but still remains undervalued. You can search for which of the old projects has increased activity in social networks, and who can join the defi.

This is perhaps the only first generation cryptocurrency (other than Bitcoin) which has survived. Litecoin is not a technologically advanced cryptocurrency, but it has survived because the promoters listened to the users and made sure that the development work is done frequently and the bugs are removed on time. Other alts, such as Namecoin and Novacoin, which appeared in the market around the same time have all but vanished.
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August 18, 2020, 06:24:56 AM
 #62

I would still go for BTC and ETH. Ethereum's team is always active in development, and almost majority projects are using ERC-20 platform. I am sure there are a lot of old projects there which have their own pros and cons and advantages over the other. But, BTC and ETH will not be on their spot as top 1 and 2 of the market cap of they haven't proven their worth.
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August 19, 2020, 03:07:07 AM
 #63

I would still go for BTC and ETH. Ethereum's team is always active in development, and almost majority projects are using ERC-20 platform. I am sure there are a lot of old projects there which have their own pros and cons and advantages over the other. But, BTC and ETH will not be on their spot as top 1 and 2 of the market cap of they haven't proven their worth.

Completely right. This two coins deserved it and most of the investors and supporters believe that there are more coming from
this two coin, but if you want to explore all over the market, you can also check those who are inside top 10 the chance of getting
the hypes after the bull run is really huge, buy if you already done with your  research.

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August 20, 2020, 06:50:11 PM
 #64

Besides ETH and BNB, I think you can choose QTUM as your long term investment. They continue to develop the project, and also currently QTUM's price is cheap, so you can buy now and then hold it until 1-2 years later, see what you will get. I personally still hold some QTUM ss my long term investment.

QTUM is a very underrated cryptocurrency these days. It's old, but still alive and running after all these years. Interestingly enough, QTUM is a smart contract platform like EOS, ETH, ADA, and TRON. But its popularity is down the drain. I guess that most people are focused on the big players on the market, than anything else. The rise of "De-Fi" and stablecoins' popularity has placed ETH and some other smart contract platforms in the headlines. QTUM is a hidden gem waiting to blossom someday with its unique features not found on its competitors. Same applies to NEO (formerly known as Antshares) and DASH. Prices seem to be getting lower over time for these coins. Holding "old" coins for a long time might pose to be a huge risk for your investment.

Nonetheless, there are many "old" coins on the market that have been performing well after all these years. Dogecoin is a good example of this, being a cryptocurrency actively traded across several crypto exchanges. Despite being abandoned in development and innovation, it has retained trading activity, making your investment last a lifetime. Litecoin, DASH, and Monero have been doing well too (although most other coins have experienced higher gains in price). If they're able to maintain mainstream adoption, they'll be able to survive for many generations. I'm currently "hodling" DASH, LTC, and some XMR, hoping they'll remain actively traded in the future. They serve as an alternative to a retirement account, if prices remain the same or higher than what I've invested initially. One thing for sure, is that investing in "old" coins brings many more risks than it's the case with newer ones on the market. I'd advise anyone to invest more on new coins, while allocating a small percentage of the investment into "old" coins to reduce risks as much as possible. Just my thoughts Grin

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