Post
Topic
Board Altcoin Discussion
Re: Old coins vs new coins
by
bartolomeo
on 21/01/2019, 03:26:06 UTC
old coins: coins that went through the bull run
new coins: are ICO tokens from projects during the bear market,mostly not listed on exchanges.

It is obvious that all the aspect of the space had struggled due the giant force of bitcoin. Over the past year the average dump in price of most of the old token/altcoin from the last bull run is close to 90% while the new coin are holding to their price. Most ICOs in the later part of 2018 decided to postpone the listing which their decision could be justified or condemned as the market revives.
With the approaching news of bull run and present the value of altcoins,
1.  can the altcoins ever hit the ATH price even at $20000 bitcoin?
2. Can the new coin from ICO be an alternative even with so much old coin held in some portfolios?  
3. will you choose to hold on to old coins or sell to invest into new ICOs?
 

there is a possibility for new coin to gain good profit when the btc itself gain its new ATH, its hard to find new coin nowadays that will survive during this Bear market, Lets consider the fact that most of the new coin cant beat the ath price of what you currently holding in your portfolio but when you think of profit maybe my answer is yes, cutting lose is not bad as long as you can gain good profit and afterwards buy good coins (old) that is sure for long term investment