Buying old coins: Is it worth it?

[indo1]

worth it, because old coins have strong fundamentals, sometimes some of the old coins also follow the trend currents like DeFi, we see like bnb, sole, ftm and some other coins trying to remodel to the DeFi platform. it's very interesting, and worth buying.

[Tervelatuk]

we should not careless when decided buying old coins in market, make sure this project still have active developtment and also already create product which is have utility in ecosystem. If this condition didnt met at all, maybe we have to research and move to another projects that have this points. Some old coins could not survive anymore due some condition , maybe they failed in product developtment or have no fund to continue their operation.

[Fredomago]

it is precisely the current situation of old coins that will have the potential to increase in price. although new coins sometimes have an interesting hype, the market for new coins is not as strong as the old coins. the hype will quickly dissipate and it's just a matter of correction.

but seeing the newly selected coins is also important. because not all new coins we can control. Good analysis of the market and community is very important. because in the current state of the market almost all new coins get upgrades. but we can look for the best.
I suggest focusing on BNB and ETH, they will provide interesting long-term benefits for you.

You need to have your deeper assessments before taking your steps, there's always good and bad sides for this matter, buying old coins that don't have any progress will risk your money, if there's no movement and there's no updates from the developers, staying away is the best thing to do.

With your suggestion, I agree that this two old and working coins are good for long-term investment, the potentials are high not even the value already risen but the chance to see more is very possible, with those working platforms and community appreciations this two coins still have big room to grow.

[Alert31]

I think old coins is no longer worth buying, because old coins are very behind, investors are now interested in the technological development of new coins, so I think buying old coins is very risky

I think, depends on a kind of old coins. Old coins that already exist more than ten years together with bitcoin is still worth to invest as long as there is a huge demand on it and there is a continues development of the project which is that it will not be left with new coins. Actually old coins are more reliable and trusted than a new one.

[sapnu]

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.

Lately, it has been the rise of old coins and Axie is one of those that has been very successful so far. There is nothing wrong or stupid about buying old coins as long as it can still become valuable over time. When it comes to Axie, the price or the value of it has been increasing a lot lately considering the sudden massive growth of the players. This might open up the chance for other NFT's to arise as long as their ways would be like Axie wherein legitimacy is guaranteed and you would really make profit as time passes by. Who knows what other NFT's will be successful in the future so watch out so you can benefit from it always.

[aditasetia123]

only good project are worth to buy and hold in our bag, some old coins now be major project in top 100 coinmarketcap and they could survive due project developtment , but some of them die and have no developtment at all. the lastest coin type need to avoided in order we lose our money if investors start selling their token.

[Viscore]

If you really want to invest in old coins better choose the top coins in the market. these coins are still worth investing in and keeping for a long time.
Nowadays a lot of shitcoins and useless coins are being created, which have no value in the market but people still invest in these coins and suffer losses. I'm confused why people don't invest in strong projects.

People this time are more skeptical i think so they can't just focus on one decision and stick to those not really important. Most of the new coins that have been arising in the market today are really low in potentials to survive long in the market and their utility case is not that strong compared to the old and legend ones in the market.

I do believe old coins are even worth the investment compared to the new coins today. People might forget them especially for new investors but the fact that they are more well developed and more profitable make them worth the money and time this time.

[Ziskinberg]

If you really want to invest in old coins better choose the top coins in the market. these coins are still worth investing in and keeping for a long time.
Nowadays a lot of shitcoins and useless coins are being created, which have no value in the market but people still invest in these coins and suffer losses. I'm confused why people don't invest in strong projects.

People this time are more skeptical i think so they can't just focus on one decision and stick to those not really important. Most of the new coins that have been arising in the market today are really low in potentials to survive long in the market and their utility case is not that strong compared to the old and legend ones in the market.

I do believe old coins are even worth the investment compared to the new coins today. People might forget them especially for new investors but the fact that they are more well developed and more profitable make them worth the money and time this time.

Yeah, it is a short-term pump and most of them have no potentials to stay in the market for a long-time. But as the market changes in direction, many investors take that opportunity rather than wasting their time holding old coins that are not able to give them decent returns. If you are just a short-term investor, this is suited for you, yet, it is too risky and we need to analyze first before buying because once the hypes are over, it really hard or it is possible that it never pumps again. 

[carrigan]

I think that the old coins belong to Bitcoin, Ethereum, Litecoin, XRP, and others. And yeah, If the old coins are at least at the top 100, I will still buy it.
So far, I am not a good and professional trader, only trading based on the daily chart and cannot do certain TA. So, I only use certain coins that are in the top ten. Or, the coins that are popular on reputable exchanges.

[Yamifoud]

almost most of the old coins suddenly appeared and hype in the crypto market. even I observed the coins were projects in the past like mid-2019 to 2020. there are many coins of them experiencing an increase in this year. Legitimate projects certainly take a long time to show their existence in the crypto market, if you know about a coin hype then you will find the answer yourself.

I'd never agreed that legit projects will take time to show, no, they will surely make pump if they have the potentials and even no hypes happened unlike with the new projects.
Well, buying olds coins have the advantage as it was considered for long-term investment but have to be sure that old coins are not dead coins.
But for me, I'd never think about old or new coins, what is most important is that we are confident that we are investing the right and promising coin, not shitcoins.

[CaVO32]

almost most of the old coins suddenly appeared and hype in the crypto market. even I observed the coins were projects in the past like mid-2019 to 2020. there are many coins of them experiencing an increase in this year. Legitimate projects certainly take a long time to show their existence in the crypto market, if you know about a coin hype then you will find the answer yourself.

I'd never agreed that legit projects will take time to show, no, they will surely make pump if they have the potentials and even no hypes happened unlike with the new projects.
Well, buying olds coins have the advantage as it was considered for long-term investment but have to be sure that old coins are not dead coins.
But for me, I'd never think about old or new coins, what is most important is that we are confident that we are investing the right and promising coin, not shitcoins.

Old coins that are not dead coins in terms of development. Because if you will buy an old alt where there is no more updates happening anymore, then, that's useless. Should always have specific use case and the dev team is still active with their innovations. You should always look at the application of the coin. Because even if they have noble mission/use case, most of them don't even get the audience they want.

[ARTURVH]

I dont think it's a good idea to buy old coins.  Without a good team, the project wont last too long.The old coins that missed this round may disappear  till the next bull market round.After all it's a high-risk,high-reward game .Most people will choose safe coins,Bitcoin Eth etc.

[kak uli]

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.

sometimes it is not unreasonable to hold old Alcoins like that, there are some old altcoins that are worth keeping and some should be released considering the growing popularity today. like the Altcoin you mean "Primecoin", I don't think that altcoin has a great popularity when compared to other altcoins. so for now it looks like old altcoins that are worth keeping or buying are like Dogecoin, and Btt.

[unusualfacts30]

Every year there is something new and those coins that keep up with the market trend they gain value. Old coins are not good for investment unless they are constantly developing and keeping up with the rest of the cryptospace. Some of the old coins I had invested back in 2017 never came back to life while some of them gained 10x.

It's not a matter whether they are new or old, just a matter of how up to date they are when it comes to latest crypto technology.

[Dr.Osh]

I think old coins is no longer worth buying, because old coins are very behind, investors are now interested in the technological development of new coins, so I think buying old coins is very risky

I think, depends on a kind of old coins. Old coins that already exist more than ten years together with bitcoin is still worth to invest as long as there is a huge demand on it and there is a continues development of the project which is that it will not be left with new coins. Actually old coins are more reliable and trusted than a new one.

Well, not all old coins are at risk. such as bitcoin, eth, BNB, XRP, and other coins. I see, most of the coins that dominate the top crypto are old coins. however, it all depends on the old coin you choose. So far, I'm also still trying to collect and hold ethereum, and I think, ethereum is one of the old coins that still has great potential today.

[chanler]

it's true that nowadays a lot of new coins are popping up so that the old coins are starting to erode their existence. but there are still some old coins that are still good to keep even though at this time new coins also have good prospects. if you really want to invest in old coins, then invest in coins that do have good and stable prospects in the market, we can look at the market and analyze the coins that are good. if we often look at the market, of course, we can also follow it well. that's important because if we can choose a good coin then the profit will be big too.

[Fivestar4everMVP]

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.

Cryptocurrency is evolving, coins come and go even the new coins that you are seeing now, have a possibility to cease, there are old coins worth investing, Bitcoin and Dogecoin is the trending coin this year and they are old coins, so we can safely say that it's still worth investing in old coins, your portfolio should consist of old and new coins, there are old coins that also evolve to keep up the present need of the community.

I totally agree with you mate, there are several old coins that are currently worth investing in, even, from my own perspective, old and still very active coins are more trust worthy to invest in than new coins, cus this ones have stood the test of time and prevailed, this show their level of legitimacy, but some of  the new coins might appear more promising but they are definitely more riskier to invest in because their foundation and strength aren't tested yet, they are more prone to fold and die if they get hit by a serious crypto winter.
But all being the same, one should always invest in new coins as well as old ones as long as they are proven legit in all aspects.

[Abiky]

Every year there is something new and those coins that keep up with the market trend they gain value. Old coins are not good for investment unless they are constantly developing and keeping up with the rest of the cryptospace. Some of the old coins I had invested back in 2017 never came back to life while some of them gained 10x.

It's not a matter whether they are new or old, just a matter of how up to date they are when it comes to latest crypto technology.

It's all a matter of staying ahead of the game in order to keep up with investor's demands in the mainstream world. Not every old coin is capable of doing this. Only those with active development and a vibrant community will be able to stand the test of time.

I usually tend to put most of my money on new coins because they're extremely profitable. Old coins are the last ones considered as a long-term investment (with the exception of Bitcoin and Ethereum, of course) because of the risks involved when "hodling" them. You can end up becoming a "bagholder" if the old coin you're investing into becomes abandoned in the long run. This happened to me with "Hodlcoin" where I've poured thousands of dollars into it only to lose everything thereafter. If the project will revive sometime in the future, is beyond me. But I think it's better to invest into tried-and-tested coins like Bitcoin and Ethereum than going into "uncharted waters". Just my thoughts

[kayiboyu]

Depending on the coin, it is worth or not. For example, Bitcoin is also an old coin as we all now. But we see that it has an overwhelming dominance in the market now. And it could be one of the most logical coins to invest into. And for example, Ethereum is also an old coin among the altcoins in the market. But I think that it is a good choice to invest into also.

[Connor Britton]

You can buy old coins. There are still many old coins that are developing very well, but there are also some new coins issued. They are innovative on the basis of old coins, and they are more worth buying than old coins, but now some new coins Be careful when investing. There will be some scammers. If the old coins have no value, don't invest in the old coins.