Buying old coins: Is it worth it?

[Ever-young]

Old coin you said, it depends on the coin which you are referring to, their are some old coins out there which has no future any more, why there are others which are also a good choice of investment, you just have to make your research before making your choice. On like me I bought an old coin which I earned during bounty years back. Late last year I bought the token and it's currently 2$ as of the time of this comment.

[desticy]

I think so. Despite the fact that they look overwhelmed and ponderous, the last bull run showed that even these coins show excellent profits during the global growth.
Therefore, choose coins that meet modern standards and have fewer competitors in their field.

[kapalmabur]

You do not  just buy old coins because they have succeeded in the past. There are a lot of old coins that succeeded but are now stagnant because the team have abandoned the project. Try to research coins that the team are actively updating and innovating. It's not all old coins that are worth buying.

What is certain is that before buying we have to do our own research and analysis.
and whether old coins or new coins I think it's worth buying and of course it depends on the results of research and analysis

[Hughes_Ryan]

I will not choose antique coins.  Lol, I'm not the artistic and classical type.  I like creativity and novelty.  I wouldn't buy a wagon versus a modern car.  Lol, I like modern day NFTgame projects like PYR, Sand

[cunguks]

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 also regularly monitor the old coins on the Coinmarketcap list, and I am looking forward to investing in them. But unfortunately the developer has abandoned the coin, so there is no progress whatsoever. Only a few exchanges have listed the coin, so we can't move to an exchange that we use frequently.

if the case has been abandoned by the developer. it will end badly. although there is usually a change of position with someone else if the new person holds it will usually make changes from the project planning developed.
if there is already a greater risk it's better to look for another project, there are many other projects that are better with less risk I'm sure.

[adekogbe]

Buying old coins for the sake of it is not a good way to go about investments. The truth is, even with all the Defi craze, its only the most exclusive projects that see huge success, so it doesn't really matter in the grand scheme of things if you invest in a new type of coin or an old coin
What matters is the quality of the project

[Marble777]

There are still a lot of old coins that are still good and if we want to keep some old coins of course the risk is a little and even though there are developments such as NFT and DEFI, of course, old coins will also develop following developments that occur, so there is no harm if we keep saving old coins for now.

[roosbit]

Yes old coins are worth it and If you are going to pick old coins for your next investment,  find something that has an active community with people that talk about its development, something  that people use not only as a store of value, it has to have a way it grows in value for example it could be the fuel for a blockchain, it might give you voting rights, anything in those lines you should be good to go.

[blockman]

I agree with you, especially if we talk about DASH...I believe this coin will hit its ATH once again or at least a half, 700 or 800$ will not be a hard think for dash

I like dash and it's one of the most liked masternodes and privacy coins that we've ever got. The ATH wasn't met again when we have entered the bull run. But it's not that late as this coin is still one of the top coins. This is more desirable rather than choosing a new pump and dump altcoin that's being made by developers and goes with the meme. It's still better to choose the old coins that has been circulating in the market for years. If you ever have a trust issue with the altcoins that you invest, this is better to choose than the newer ones.

[Rakeshten]

Now old coins are not worthy as like new ones. Some old coins are still worthy like, Ethereum, BNB, Doge, XRP because they are active people are getting updates and news about those coins that's why these are still worthy. But other old coins now have become inactive that's why nobody is investing and they are not worthy now.

[Masyudhi]

Now old coins are not worthy as like new ones. Some old coins are still worthy like, Ethereum, BNB, Doge, XRP because they are active people are getting updates and news about those coins that's why these are still worthy. But other old coins now have become inactive that's why nobody is investing and they are not worthy now.

active or not if it is still traded on the exchange, also still has good liquidity I think it is still worth choosing.
but indeed sometimes the price movements of the tokens are manipulated from the exchange, some are just following the pump and dump of bitcoin.
the new coins may now be more fun for traders. because the hype is fast and those who can control the situation can certainly benefit.

[masulum]

world There will always be new cryptocurrencies in the market. Some old coins will be destroyed. The new coins will replace the old ones. The amount of wealth will continue to increase. In the future, most people will trust cryptocurrencies the most. Will be interested in investing more, Cryptocurrencies have good prospects in the future

Old tokens/coins that exist today and are already on several exchanges that have a fairly high volume, it can be said that this can be safer to buy compared to new tokens which are still minimal in exchange. Sure, multiple listings on the Exchange are no guarantee to last longer. But, at least, choosing an old token/coin that the development team is still active is a better decision than choosing a new token that has no products and services at all like meme tokens. Likewise with the prediction of potential tokens for long-term hold. This is also not a guarantee, because many projects are only good at the beginning but bad at the end. Of course, if you wants to playing with High risk, you can take decision to buy new tokens like using AMM (Uniswap, Quickswap, Pancake), but when you are put wrong tokens, maybe it will be never recovered and dead .

[Kayum10029]

Of course old coins have a huge price in the market. Not all old coins are valuable. For example, suppose there are some coins that occupy the top spot in the market, such as Bitcoin, Ethereum, Binance. Etc.No matter how old they are, they will always have a market value and will be one of the best coins in the market.

[Zulkifli BI]

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.

in my view the current altcoins are the ones that have good popularity will be the best. Examples such as Dogecoin have recently been named to become popular among cryptocurrencies and made the price of Dogecoin increase by ElonMusk (Tesla CEO). so now altcoins have their own era. so new and old altcoins have no effect on altcoin enthusiasts. because popularity can provide greater benefits.

[domoy77]

in my view the current altcoins are the ones that have good popularity will be the best. Examples such as Dogecoin have recently been named to become popular among cryptocurrencies and made the price of Dogecoin increase by ElonMusk (Tesla CEO). so now altcoins have their own era. so new and old altcoins have no effect on altcoin enthusiasts. because popularity can provide greater benefits.

It is undeniable, but you should also know that coins like Dogecoin have always been able to survive in the cryptocurrency market without the help of hype from ElonMusk (Tesla's CEO) even at very low prices, and now Dogecoin no longer has the great hype it used to have happened a few months ago.

[Bollexz1]

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.

You said it yourself already. If a project doesn't carry DeFi nor NFT in its discovery, just forget it. These are the two selling points for the crypto and they're not on the brink of settling for less as they keep skyrocketing with much adoption from investors.

[7788bitcoin]

It is undeniable, but you should also know that coins like Dogecoin have always been able to survive in the cryptocurrency market without the help of hype from ElonMusk (Tesla's CEO) even at very low prices, and now Dogecoin no longer has the great hype it used to have happened a few months ago.

One thing everyone needs to accept is that the constant shilling of Elon Musk had a major change in the market as he was able to grab attention from investors outside the cryptocurrency space and i used Dogecoin to gamble and after the shilling i am no longer able to use them like i wanted to and i was perfectly happy if the valuation was low as long as i am able to use them for fun.

[Mpamaegbu]

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.

Whether old or new, once a token outlives its usefulness it will get dumped. It really doesn't matter when it was created. The tokens you mentioned may not be relevant in the scheme of things in today's world anymore. Investment isn't done based on sentiments and emotions but on fact and feasibility. No one can force any to put their money where their heart isn't. Old projects need to keep up with programmes just the same way they marshal out new ones to keep investors thrilled.

Buying the old coin is not worth anymore except the popular old coins like doge, litecoin or something

The mention of dogecoin for a thriving old project goes a long way to show that we shouldn't give up on old projects that have utility, no matter what.

[blockman]

In my opinion, if the old coin is from an ICO project, then it is not worth buying and keeping for the long term. Many coins from ICO projects do not survive and are of no value in the long term because they do not have strong fundamentals. Some even went missing on the exchange after a few months.

To be specific too, there are many ICO projects that became successful and are now established in the market and those ICO projects from 2016 to 2017 were mostly the successful ones.
But to those that have started to run their ICOs on the period of 2018, that was the year where most of the ICOs were a failure. It's due to the scams and people got fed with the pump and dump scheme that has been common before that period due to some influential people that's also happening right now. To those that have went missing, it's the exchange's decision to delist them if they find them no longer liquid.

[arifteguhr]

You said it yourself already. If a project doesn't carry DeFi nor NFT in its discovery, just forget it. These are the two selling points for the crypto and they're not on the brink of settling for less as they keep skyrocketing with much adoption from investors.

It's just about the latest trends because in the past there were also many projects that did not bring the concept of DeFi or NFT in their inventions, and now these two things must be brought into the project because DeFi and NFT already have a lot of good responses from investors.