Buying old coins: Is it worth it?

[avarnet]

Precisely to buy the old coins, as you described above, starting from now on and we will help promote the coins so that other people are also interested in investing in the coins that we promote, it's like our old coins are abgred information so that the old coins give a new impression so that they become many were interested and flocked to invest and at that time old coins could rise in price, that's what I think, maybe there are other suggestions please,,

[Dr.Osh]

The most important and time tested concept in life is change. If the old coins don't change their marketing tactics or business model then they're gonna be in trouble sooner or later.

well, this is why a lot of old coins suddenly become scams, or dumps to the bottom. they do not adapt their project to the current state. well, but for now, the coin that holds the most popularity is the old coin. So, I think, if you do some research, then you might find an old coin that has great potential. if you want low risk, choose an old coin like ethereum or binance coin.

[andriarto]

The most important and time tested concept in life is change. If the old coins don't change their marketing tactics or business model then they're gonna be in trouble sooner or later.

well, this is why a lot of old coins suddenly become scams, or dumps to the bottom. they do not adapt their project to the current state. well, but for now, the coin that holds the most popularity is the old coin. So, I think, if you do some research, then you might find an old coin that has great potential. if you want low risk, choose an old coin like ethereum or binance coin.

old coins don't necessarily have a guarantee that they will be good until now, many of them are the ashes of their current coin prices. besides being unable to adapt to current conditions, old coins usually cannot develop according to the whitepaper they had planned, so they eventually disappeared from the coinmarketcap list

[gwdf1]

The most important and time tested concept in life is change. If the old coins don't change their marketing tactics or business model then they're gonna be in trouble sooner or later.

You are definitely right. We can just look at Bitcoin. It is not developing, it is still using out-of-date Proof of Work and it is not likely to change it to Proof of Stake. On the other hand, those projects, whose devs add new features to their product and make it more convenient, attract the attention of users. Also advertisement and hype are really important. This way useless meme coins grew significantly during spring.

[DonFacundo]

Old coins are still worth to hold but should be in the top coins in the market like bitcoin and ethereum. There are many old coins but few were not really improving, it's better in the top coins because those are still popular and it can make a new ATH in the future.

[Kelvinid]

Old coins are still worth to hold but should be in the top coins in the market like bitcoin and ethereum. There are many old coins but few were not really improving, it's better in the top coins because those are still popular and it can make a new ATH in the future.

We can't hide the fact that old coins are more promising than newly created coins. That is why we are preferred to invest in them especially for the long-term investment. But that is not all about it, it also needs patience and market trust as this is the main reason why we are able to hold and calm. But if we are being controlled by our emotions, even investing old coins, promising coins, proven to be profitable had made no sense if we had just been in panic when seeing the market is in decline.

[sukmo]

If the project is still progressing well, I guess it's no problem we buy old coins.
But if the project does not develop then we will get a loss because automatically the coin will certainly be ignored by investors.

[distr@yopmail.com]

In my portfolio there are always more old coins than new ones, including tokens. I always take new projects with caution and at the first opportunity I leave with a profit, it is safer for me.I think a lot of people have similar tactics.

that's a good tactic. because indeed every trader and investor should know when to exit and when to enter. lest we follow the hype and forget we have to go out with a profit.
I actually don't participate in investing in new projects except trading for bounty tokens.
the focus now is on top market assets in long-term trading or investment.

[Traderbtcc]

Nah they aren't worth it, the only old coins I would wanna bet on are the popular old coins like bitcoin, Ethereum , Litecoin etc, the rest I don't know what the future holds for them since they are using old technologies compared to the tech's the new projects are using, Old projects have all lost their communities to new projects which tend to offer more than they do, so investing in a project that is already going down slowly is a waste of money and time.

[Bagong91]

maybe if the old coins are update and investors are interested it might be a good idea to buy old coins, but what is happening now is that many new coins are popping up and embracing investors to invest in their coins or projects so that the old coins that used to be in demand are now left behind.

[LongStand]

I think that not all old coins appreciate in value but if you want to choose coin you should select those coin which has secure and strong built foundation such as Solana and Dot. The value of various coins fluctuate in response of currency value. Some of old coins can be good for buying and making investment. But not all are true for buying.

[aemma]

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.

Actually I would say, before thinking of going this route of investing or buying old coins, you will need to understand the type of old coin you want and your speculation about it , thus I am in agreement with your first paragraph. Crypto most of the times moves with trend, and this is key to the growth of most coins we see today, and funny enough only newer coins tend to tap into most the trend at that point in time, hence why it looks like old coins like the one mentioned have been forgotten.
Therefore the reason why I started with, understanding the old coin you want to buy is to know if the team of that coin are a flexible kind, who can try their best to incorporate what is happening in the crypto space at that point, if the team are then it's worth buying.
BNB is a coin whose team are always ready to try new things, hence the reason it is still relevant and bigger than most old coins. Every team needs to understand this, add their unique features and see their token regaining its worth overtime.

[RokokGudangGaram]

Right now? I don't think maybe if they can managed to go in BSC or probably a more better update they could be worth it, with the NFT, Memecoin, and DeFi the old projects was overshadowed by them I think they need to make a step in order to compete with this new projects, some old projects have a really live projects unlike this kind of trends we have now.

[Blowon]

Very feasible, not to weigh the old coins left by investors, precisely those old ones are coins with strong fundamentals. they can survive earthquakes several times that are experienced in the cryptocurrency world. they are well worth investing in.

[efreeti]

I think "old" coin sounds a little bit like the wrong wording. It somehow negatively connotes the fact that a coin has been around for a while, but that is actually a good thing. I wouldn't say it is old then. Rather say a long established coin or anything else that rather refers to the fact that it is not a pump and dump coin which is just old and not worth anything anymore.

[deathcode]

Very feasible, not to weigh the old coins left by investors, precisely those old ones are coins with strong fundamentals. they can survive earthquakes several times that are experienced in the cryptocurrency world. they are well worth investing in.

buy it of course very worth it. but each asset has a different market character. some are better for day trading some are good for long-term investment.
all will be returned to the initial planning of the OP who wants to invest long-term or do day trading.
everything can be adjusted also with your own expertise. if we are better at trading skills I think we can try new coins with good hype. Old coins also exist that have that potential. but most new coins are very energetic for short trades.
but after all, old assets in the crypto market are assets that have really survived with such a long development project. I'm sure it must be very safe.

[gustavroy]

We need new circle and new stories old coins going to die. Just few of them will be survive after next bear session. I am trying to invest some GEMs because if i split my money to 10 gems even 1 gem succes, my total portfolio will be better than investing old coins

[Rahman11]

Old coin is not always worthful, now most awesome coin in market for trading is ltc trx eth and as old coin most preferable always only bitcoin without any hasitation.

[TheGreatPython]

Actually I would say, before thinking of going this route of investing or buying old coins, you will need to understand the type of old coin you want and your speculation about it , thus I am in agreement with your first paragraph. Crypto most of the times moves with trend, and this is key to the growth of most coins we see today, and funny enough only newer coins tend to tap into most the trend at that point in time, hence why it looks like old coins like the one mentioned have been forgotten.
Therefore the reason why I started with, understanding the old coin you want to buy is to know if the team of that coin are a flexible kind, who can try their best to incorporate what is happening in the crypto space at that point, if the team are then it's worth buying.
BNB is a coin whose team are always ready to try new things, hence the reason it is still relevant and bigger than most old coins. Every team needs to understand this, add their unique features and see their token regaining its worth overtime.

In this case I would think that there is a good chance old coins could take advantage of the new technologies as well, depending on the coin. Of course there are horrible coins that went lower and lower over time, but at the same time we had better and better improvements on some of the old coins as well.

Look at BNB for example, with emergence of DeFi world, they applied it right away and had BSC which allowed them to take advantage of all the profits from it, making BNB go from under 30 dollars to nearly 700 dollars one point and still 10x more than what it used to be. It is not a new coin at all and still managed to go up in the end.

There were also a lot of coins that were brand new and yet failed to garner any attention at all. All of which shows us that it is not about being new or old, it is about being able to adapt to whatever is the big deal of that period.

[Golftech]

Still you can't ignore a lot of old altcoins those are strong fundamental. And also team's are so active to upgrade with new technology. Without a few coins mostly oldest coins will not up and down like new coins, So investors are desperately going to pick new ido,launched projects to make profit 5x,10x like that.

In such case investors who wanted for a quick ride will choose initial offering projects while conservative investors

will continue to buy old coins that have solid foundations, they are aware that even in a small profits is better than

being stuck and loss their investment for buying new tokens.