ZaraCB
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March 02, 2021, 01:54:55 PM |
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Should I invest in old coins?
Old is Gold. I don't think it's right in all cases. Over time, many old coins will be lost and many new coins will gain popularity. I don't think it's right to invest in all those old coins. You can invest in any coin from Coinmarketcap's Top Altcoin. And I think that would be the right decision.
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iTradeChips
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March 02, 2021, 02:05:23 PM |
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Well based on your Definition, old coins are simply put, the ones that are on the top today, like Bitcoin, Ethereum, Litecoin, Dogecoin and others. I mean they are pretty old by the age of these coins and they have performed superbly that people tend to continue patronizing these said cryptocurrencies. I would not worry about the appearance of the new coins because this is not a popularity contest but simply a matter of evolving in the crypto ecosystem. If the cards are right then I would say that these old coins will stay relevant in the next 20 years.
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sana54210
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March 02, 2021, 02:34:44 PM |
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Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
Depends on what you mean by "compete" if you mean to increase higher that could happen, if you mean going over it, that can't happen, newer coins will take their place. What happens is that one coin releases, it becomes big, then drops because a newer and better one created and that old one drops a lot, so when a bull comes old one increases more but the marketcap of the new one is higher, so while old one makes 10x profit and becomes 12th the new one makes 3x profit but stays at 4th, that kind of thing, only way for Dot Link or whatever to be surpassed would be actually having a better and greater new coin that would pass these just like how these did to old ones. That happens about once ever 2-3 years and I believe right around 2023 or so we will have a newer and bigger return and profit which would be profitable for old ones and new ones all around.
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masterrex
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March 02, 2021, 02:45:08 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
Yes, I believe so because most of the top-ranking old coins in the market have already a solid foundation to support them. And also it has a huge community of users and investors too. While new projects like Link, Dot, Uni, are just driven by the hype of Defi, and if the Defi hype will go I'm sure those new coins/platforms will be affected much, while the top-ranking old coins will remain competitive as they are.
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Kang TB
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March 02, 2021, 02:54:35 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
i believe old means gold, so, i believe soon or later all good and solid old cryptocurrency will grow mate, maybe not like in the past, because now a lot of great altcoins born
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triat
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March 02, 2021, 02:55:52 PM |
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Currently, hype is easier to earn as it is on defi and nft, but we do not know where to go, most of them will probably be lost.If there are those who hold the coins you mentioned, I think their time will come.
If you play for a long time, then these old tokens will still grow in value, but not as fast as nft and defi. But the percentage of losses will be much lower in old tokens.
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Kasabus
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March 02, 2021, 03:03:15 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
You can not underestimate them. These coins been so long in the market but still very active and still have a good trading volume which is enough to think that we are safe investing in them. Defi projects are also progressive, not all of them but something we have to consider. But if we are looking for a long-term investment, I should have to choose the old ones as they have a bigger ROI assurance than these new coins. But anyway, you can have them both. Consider Defi projects in the short-term while old coins are for a long-term goal. I think it gonna be fair, though.
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SacriFries11
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March 02, 2021, 03:17:20 PM |
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I have trust with them rather than new coins. We all know that they managed to survive in the market and some of them can't replace in the top 10 cryptocurrency and they have the best security in the crypto world. New coins have the hype attached to them so many people try to invest with them. We cannot yet compare which is good between them unless after new coins will survive after 3-4 years. If we recap what happened to ICO's in 2017, they are also good projects and after 1-2 years they failed. I think it's safer to invest with new project nowadays but we should also make the same research we always do.
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shinratensei_
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March 02, 2021, 04:06:27 PM |
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The new coins already dominated all of the things in crypto. The old coins can't compete with the new coins. There must be an exception for the privacy coin but it's not so impressive as the new coin did. It's better if you always deal with the new coin. The old is good but if you are regularly watching various news sites and then the old coins rarely doing big updates unlike the new coins that are always giving big updates.
The old coins less attractive compared with the new coins caused by old coins offered less utility usage compared with the new coins. You should invest when you are feeling confident with it but when you are not feeling it and you may avoid dealing with old coins.
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chaoscoinz
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March 02, 2021, 04:23:10 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
I think a good many of these projects were there to support and supplement the adoption of an early cryptocurrency market, providing multiple choices to choose from. Bitcoin is king, but has birthed many princes, and the earliest coins are like stepping stones on Bitcoins ascending upward path. There are still some real gems out there, real diamonds in the rough.
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isaac_clarke22
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March 02, 2021, 04:43:16 PM |
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Yep especially ETH. Not sure about those other coins you mentioned back in 2017, but it seems like they're still quite known of a coin these days still. One reason that other people look for farther coins in the ranking is for the opportunity anyway plus lower price, but it is high of a risk. Some of these older coins deserve to last but most of it just don't.
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Cling18
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March 02, 2021, 05:02:23 PM |
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They might not be in trend right now but we all know that crypto is really volatile and anything could happen anytime so we shouldn't underestimate old yet potential coins. There's always a spotlight for each coin and I'm sure that good old projects still have a chance to boom in the future.
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Icologies
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March 02, 2021, 05:07:54 PM |
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coin long and able to survive until now is ethereum ethereum has been very stable from then on remains in the top coins in second place However many users are complaining about ethereum's ridiculously high fees but the quality in the market is still the same still have a large volume and devotees in the market
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memyselfandi
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Futurov
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March 02, 2021, 05:11:19 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
Well if we are talking about the current scenario of crypto market, those "old coins" don't have the ability to compete with the current and existing coins. But who knows what will gonna happen few years from now? That is why I'm still holding coins that I gained 4 years ago.
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serjent05
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March 02, 2021, 05:18:07 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
As long as there are development and technology update, I think they can compete with any existing coins. The question of whether you should invest or not can be answered by yourself after doing a thorough research and comparison between coins and tokens in the market. Just make sure that the one you will choose is not over-pumped because you will lose your investment if you had chosen one.
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Meta anggraini
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March 02, 2021, 05:53:24 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
EOS absolutely great i think. No fee for transaction and very fast too. I think its possible to build DeFi on top of EOS platform too, and i see the chart was very great to be invested, but dwyor.
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Asuspawer09
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March 02, 2021, 06:26:17 PM |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ... Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
Most of this token has a high market cap in the market means it is trading in high volume in the market some the token like ZEN and DASH is already cost a few hundreds of dollars in the market. I think lower price altcoins like EOS have a great potential in the future, compared to another token that already has a high market price, this just means that the market is volatile and you cant always expect the price to increase in the coming years. What happened here is most of the investors from the past years are already selling their holding in these tokens because they need to make a profit and make an exit, meaning the market just needs to circulate when this token drops its prices investors are going to buy this token again. When it comes to altcoin you need an exit strategy not just holding forever in my opinion.
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Princeofpoetry
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March 02, 2021, 07:55:20 PM |
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I still trust the old coins. they still survive on to the present proof that their project is progressing well and supported by a large community. there is nothing wrong with continuing to invest in old coins even though there are new coins that are promising, such as Link and Dot
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tvplus006
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March 03, 2021, 10:01:05 AM |
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Sadly, not all of them shows a good growth. I have already pointed on EOS several times as an altcoin, which barely brings any profit. Just check its price change during several years. Its price would be a almost a straight line several deflections. I would suggest to skip EOS. It is not worth taking so much risk investing in it. Investor might get 5-10% per year, and risk loosing everything. While investing in other alts you might multiply investment several times, and also risk loosing everything.
I don't agree with the diagnosis you made for EOS. I believe that this coin has a very high potential, which is able to bring its investor several hundred percent of the profit. I have about 7% in EOS and I plan to increase my number of BTC thanks to this coin paired with bitcoin.
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matjas
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March 03, 2021, 11:19:23 AM |
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We can see a lot of over night gains in crypto and people seems to be more risky here, thats why i belive new project are so popular. Everyone is searching for x100 coin and its harder to expect that from a project which is active since 2017.
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