Buying old coins: Is it worth it?

[Mahanton]

With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.

Expect those things because whenever a new coin would pop out then the older ones would just simply be covered out and when theres a new trend where people do make focus on that instead and its no surprise that these good old coins will really be leaved in the dust. One thing that indicates that this one is still alive despite of being old is that there still people whom do trade with it which means there still community support on that.
If you do plan to engage on things like buying old coins then its your choice but who knows if these old projects will have some nasty
pump on next months or years to come?

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[nurilham]

Depending on what kind of coins, many coins were in consolidation, but with the hype, DeFi and NFT saw a new channel for development and began to develop there.

It doesn't depend on the kind of coins. The main point isn't about Cefi, Defi, or NFT but how good the fundamentals of the coin itself.
The fundamentals can be seen from some aspects such as the team members, its MVP, partnership, marketing strategy, development programs, community, or exchange plans. If we can see good progress on these aspects, we can expect about the old or new coins are good. But if no good progress on those aspects, we are better to ignore it even if it is an old coin.

[abel1337]

With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.

I think the worth of it buying is depending on your own research and perspective. If you believe that much to the said coin despite not shinning up on the bull run. As long as it is not an abandoned project, There's still a chance that it is worth holding. There are so many sleeping gems in the market and just waiting for further developments, Everything will depend on what you can see on the project and how's the team doing on it.

[Cherylstar86]

With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.

That would only be good if you're going to purchase those old coins which is worth for future spending. Choosing for the prospected one is too hard to do because entire cryptocurrency market was on downfall few weeks ago after such controversial situation of bitcoin, that affects all altcoins. Major pairings would tend to fall once there's a huge dumps.

[MCobian]

Old coins are starting to be abandoned because investors are no longer interested in contributing there. I think DeFi and NFT are more promising, game-based NFT for example, this is very attractive to investors. maybe investors are starting to think that the world will switch to digital things in the near future, I mean the items they like to collect.

I agree investors will be much more interested in projects that promise profit, whereas some old coins don't promise anything right now. Even some of
the old coins team developers are no longer active and old coins like this will be abandoned by investors. Because competition in the crypto world is
very tough, it must be able to attract the attention of investors so that old coins can survive in the crypto world. Moreover, DeFi and NFT do promise
something much more interesting than old coins. So it is very natural that investors will look for projects that can provide them with greater benefits.
Only old coins are included in the top 10 cryptos that I think are still worth buying, because the old coins are included in the top 10 cryptos can still
provide benefits to their holders.

[xiboothrezi]

~I think the worth of it buying is depending on your own research and perspective. If you believe that much to the said coin despite not shinning up on the bull run. As long as it is not an abandoned project, There's still a chance that it is worth holding. There are so many sleeping gems in the market and just waiting for further developments, Everything will depend on what you can see on the project and how's the team doing on it.

so it's not about old or new coins, but the potential of the project. old coins don't necessarily have good potential, neither do new coins, it all depends on the development of the project. One thing we need to understand is that before investing anything we must know the project more deeply, so that we have warning signs to determine the right timing to buy and sell.
it also determines whether we will make it a long-term investment, or just a hit and run, following the trend that is currently hype in the market. all have risks, so choose the one you can manage well.

[Billo_]

I would only buy a coin where it has DeFi and NFT supported because crypto is moving very fast and a good project must support all such new features to be a good and successful coin.
And it can happen any time for us to see a new developmend being done after DeFi and NFT because many developers are currently building and researching.
New projects are more likely to support such future features.

[leea-1334]

There's a lot of new and fresh coins in the market , so the old coins are now behind especially if it has no strong marketing strategy. But it doesn't mean that you can't but it and earn profit. Many old coins can still give you huge profit, depends on your strategy. If you want to buy old coins, just choose the best and with strong foundation in the market.

Every day,,, every hour in fact I think there are many new coins but these are again reminiscent of the old wild wild west days of ICO coins.

You can even pay a developer $5 per coin now I have seen packages of $50 for 15 new coins you can just throw on any DEX and try to see if anybody will even buy 1 of them,,, all fake of course but still people fall for it

[deathcode]

Yes it is it's still worth it and one good example is DogeCoin, you just never when one whale as big as Elon Musk will support and invest in one of the old coins you are holding, Cryptocurrency technology is moving and upgrading every year there is a technology being introduced in the Crypto world and old coins should create anew roadmap or integrate new technology to their system to make it in tune to the present times.

while the project is still running, you will see how projects with their old coins develop and make progress according to what is happening in the market.
such as the example related to the migration of the blockchain network used from ERC to BEP. simple ham but I'm sure it wasn't on their roadmap. but some have managed to gain momentum from such events in the market.

[pantek talacuik]

If the coins on your radar have lasted this long and are still been traded, then I would buy some of these old coins  but coins with no value and still trying to get listed on an exchange, stay away from such at all cost, these have got the stamp of approval of being a shit coin.

Lol. it seems to be a coin that people are unlucky to hold. if indeed it makes bad luck you should throw it away or burn it. Maybe
But I think a little if it really makes bad luck it seems that it also saves a lot of unlucky coins.

[huu78]

I don't recommend if you don't have good progress in the future, many old coins have been replaced because they don't follow market conditions or current trends, and many new projects take over the market because they make innovations and adapt them to current trends.

[leatutz]

For a big investment, everyone will suggest old altcoins like as much as big, as much as old. But different situations always exist like Primecoin. These types of altcoins are very rare. These altcoins could be a very risky investment. These types of altcoins don't have enough volume and don't pump in a proper time.

[iTradeChips]

In my opinion, only buy old coins that has stood the test of time. I mean those only in the top ranks should be considered worth buying right? If you are going for old meme coins other then DOGE then of course you are already putting your investment at risk. I suggest to go for for the coins that has a strong community and also does not need any sort of marketing as they are already well known. Just take a look at the top coins at coinmarketcap and you won't be having a big problem investing.

[imamusma]

Lol. it seems to be a coin that people are unlucky to hold. if indeed it makes bad luck you should throw it away or burn it. Maybe
But I think a little if it really makes bad luck it seems that it also saves a lot of unlucky coins.

Yes, basically it would be a waste to only think about unlucky coins that can't bring us personal benefits, so such coins are very worth throwing away, because thinking about them will also waste precious time.

[perfect999]

With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated.

Who told you that nobody is interested in old coins? Aren't Bitcoin and Ethereum old coins? There are so many good altcoins in the market that a lot of people are steady buying and holding. Most of these new coins are mainly used for a pump and dump scheme. When you invest in them, they get pumped and later they are dumped.

I can remember a coin that someone was talking about here and even trying to hype it. When I decided to look at the coin's chart, I saw that the coin is clearly a pump and dump coin. After it pumped once, it then crashed and never went up again and is not even showing any reasonable movement that shows it will still go up again.

[reza7777]

If you really want to buy old coins then you have to choose old coins that are still popular, don't choose old coins that have been abandoned by investors because such coins are very difficult to revive

[Fivestar4everMVP]

Well, buying old or new coins doesn't not really matter, I think what really matters is making money, people buy what they feel will give them what they want, and besides, pow is already outdated, atleast the recent happenings made us understand that, it's just a matter of time, people will shift from mining to staking, even Ethereum is shifting from prove of work to prove of stake, what does that tell us, that a coin is pow does not give it any chance, if it doesn't catch the interest of the community, it will continue to stay abandoned.
And my personal question on this topic also is, this old coins belong to some person or group of persons(the developers), how much are doing to make sure this old coins continue to stay relevant in the market? People can not buy what they do not know anything about.

[coin-investor]

With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market.

I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.

It depends on the coins, some of the coins are still in the top 10 and the number one coin is still the original coin and the oldest coin in the industry Bitcoin, and Dogecoin is also an old coin and it made a huge wave and become the trend because of Elon Musk so we must not ignore these old coins they are still worth investing because of their huge community.

[albon]

I don't recommend if you don't have good progress in the future, many old coins have been replaced because they don't follow market conditions or current trends, and many new projects take over the market because they make innovations and adapt them to current trends.

Although there are good new projects that adapt to market conditions and have an innovative idea, investing in them involves risks because perhaps the project does not have a capital to complete its development and to list their tokens on the exchanges, and therefore the project fails. I believe that the old promising projects are better and safer.

[hornetsnest]

Satoshi will resurrect all his old projects when he returns and no coin will stand against them